Naveen Patnaik launches ‘Safal’ common credit portal for farmers in Odisha
NEW DELHI: Odisha Chief Minister Naveen Patnaik Wednesday launched a common credit portal SAFAL’ (Simplified Application for Agricultural Loans) for the welfare of farmers. The facility will enable farmers and agri-entrepreneurs to access more than 300 term loan products of over 40 banks, the chief minister said while launching the portal. It has also been […]
Dabur announces investment of Rs 325.87 crore in Indore plant
NEW DELHI: Home-grown FMCG major Dabur on Wednesday said it will invest Rs 325.87 crore in its Indore plant. The company will manufacture red toothpaste and one-litre juice packs, and increase the production capacity of portion packs of its range of juices. “The Board of Directors have approved the Capital Expenditure of Rs 325.87 crore […]
India, China trade crosses $100 billion during January-September; deficit up at $75 billion
BEIJING: India and China bilateral trade continued to boom, crossing USD 100 billion for the second year in the first nine months of 2022 while India’s trade deficit climbed to over USD 75 billion, according to trade data released by Chinese customs. The total bilateral trade, amidst the military standoff in eastern Ladakh, went up […]
Dabur India to acquire 51% stake in Badshah Masala in Rs 587.52 crore deal
NEW DELHI: Home-grown FMCG firm Dabur India on Wednesday said it will acquire 51 per cent stake in Badshah Masala in a Rs 587.52-crore deal, marking its entry in the fast-growing spices and seasoning category. The company has signed definitive transaction agreements to acquire 51 per cent shareholding of Badshah Masala Pvt Ltd, a firm […]
Tata Steel inks pact with Ford to supply green steel from the Netherlands
NEW DELHI: Tata Steel has inked an agreement with American carmaker Ford to supply “zeremis green steel” from its Netherlands-based IJmuiden plant after the unit shifts to hydrogen-based steel making. In Europe, Tata Steel is working to switch to low-carbon technologies to manufacture steel in the UK and the Netherlands. The company’s both businesses Tata […]
Hero MotoCorp partners with Terrafirma Motors to enter Philippines
NEW DELHI: In keeping with its aggressive global expansion plans, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, is set to commence its operations in the Philippines. Terrafirma Motors Corporation (TMC), a part of the Columbian Group of Companies, one of the leading and most experienced automotive group is partnering with Hero MotoCorp […]
India’s Finance Ministry extends ITR filing deadline for companies till November 7
NEW DELHI: India’s Finance Ministry on Wednesday extended the deadline for filing income tax returns for the assessment year 2022-23 by businesses till November 7. The last date for filing ITR by companies who are required to get their accounts audited was October 31. The Central Board of Direct Taxes (CBDT), the apex decision-making body […]
Tata Power Solar Systems launches off-grid solar solutions in Bengal, Bihar and Jharkhand
NEW DELHI: Tata Power Solar Systems on Wednesday announced the launch of cost-efficient solar off-grid solutions in West Bengal, Bihar and Jharkhand. Tata Power Solar Systems Ltd (TPSSL) is a wholly-owned subsidiary of Tata Power Renewable Energy Ltd (TPREL). The off-grid solutions provide a combination of high-efficient solar modules, inverters and batteries and are available […]
India an important manufacturer of vaccines for world: White House
WASHINGTON: India is an important manufacturer of vaccines for the world, the White House said, acknowledging the crucial role the country played in supplying vaccines against COVID-19 globally. Because of its incredible manufacturing capacity, (India) has been a major exporter of vaccines, Dr Ashish Jha, White House Coronavirus Response Coordinator, told reporters at a news […]