Colombo West International Terminal NEW DELHI: Billionaire Gautam Adani’s firm Adani Ports and Special Economic Zone Ltd (APSEZ) on Monday said it has commenced operations at Colombo West International Terminal in Sri Lanka. APSEZ, in a statement, said that developed under a public-private partnership, CWIT is operated by a consortium — comprising India’s largest port … Read more
The newly constructed Pamban bridge, costing around Rs 550 crore, will replace the previous structure. Prime Minister Narendra Modi on Sunday inaugurated the new Pamban rail bridge in Tamil Nadu. The new Indian Railways bridge, opened on Ram Navmi, connects mainland India to Rameswaram island. Pamban bridge is India’s vertical lift sea bridge, and with … Read more
Market attention will now concentrate on the RBI’s monetary policy scheduled for April 9. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Friday following global cues. While BSE Sensex dipped below 76,000, Nifty50 was above 23,100. At 9:16 AM, BSE Sensex was trading at 75,953.43, … Read more
Macquarie Equity Research has put an ‘underperform’ rating on Vodafone India with a target price of Rs 6.50. Analysts feel the government’s decision to convert the company’s obligations due in FY26 to equity reiterate the government’s supportive intent for a three-player market, but they expected timeline extensions instead of equity dilution. With underlying free cash … Read more
MUMBAI: US President Donald Trump’s decision to impose 27% tariff on gems & jewellery imports from India has put the industry on the backfoot as they expect a sharp decline in demand for their products in the world’s largest export market. This in turn could also lead to job cuts in the industry that to … Read more
India’s pharma sector has emerged as a big winner amid Trump’s tariff woes, as the US has exempted pharmaceuticals from reciprocal tariffs, recognizing the vital role of India’s generic medicines in global healthcare. This decision comes amid US President Donald Trump’s announcement of 27 percent tariffs on imports from about 60 countries, including India, in … Read more
MUMBAI: “I hereby direct that whosoever, contests or challenges this last will of mine in any manner, shall forego all the rights or benefits under my will and shall not get any legacy that I may have bequeathed to that person and he or she shall have no right whatsoever over any part of my … Read more
NEW DELHI: The government has agreed to increase its stake in Vodafone Idea to 48.99 per cent through a fresh acquisition of shares worth Rs 36,950 crore in exchange for outstanding spectrum auction dues. In a regulatory filing on Sunday, Vodafone Idea confirmed the move, which will see the government significantly boost its shareholding in … Read more
Market experts anticipate a period of consolidation with an optimistic outlook. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened flat in trade on Friday. While BSE Sensex was near 77,550, Nifty50 was around 23,580 levels. At 9:16 AM, BSE Sensex was trading at 77,546.80, down 60 points or 0.077%. … Read more
NEW DELHI: The CAG and IIM, Mumbai entered into an agreement on Tuesday to enhance capacity building of the federal auditor towards auditing govt departments in bringing efficiency and transparency of public sector logistic supply chain and inventory management.An MoU was signed by CAG Sanjay Murthy and Manoj Tiwari, director of IIM, Mumbai here focusing … Read more