Business

• Indian Tycoon and Beacon of Philanthropy, Ratan Tata, Passes Away at 86
  
  In a profound loss to India and the world, Ratan Naval Tata, the Chairman Emeritus of Tata Sons, has passed away at the age of 86 at Mumbai's Breach Candy Hospital.Tata, who had been undergoing routine medical examinations earlier this week, succumbed to age-related health...
• Political Stability, Policy Continuity to Bring Rigour to Reforms towards Viksit Bharat: Amit Shah
  
  Union Home Minister Amit Shah on Thursday said that political stability and policy continuity will bring rigour to reforms, thus fostering the development process towards becoming 'Viksit Bharat'.Addressing the annual session of the PHD Chamber of Commerce and Industry...
• UPI Transactions Volume Surges 52 PC to 78.97 Billion, Value Crosses RS 116 Lakh Crore
  
  The unified payments interface (UPI)-based transactions volume surged 52 per cent to 78.97 billion in the first half this year (H1 2024), from 51.9 billion in the same period last year, a report showed on Thursday.Similarly, the value of transactions grew by 40 per cent,...
• Indian Auto Sector Sees 32 Deals Worth $1.9 Billion in July-Sep
  
  The Indian auto sector saw 32 deals worth $1.9 billion in the July-September period, marking the highest quarterly activity since Q4 2021, according to a report on Thursday.There was robust deal activity in both volumes and values, showcasing the auto sector's resilience...
• Air Cargo Volumes in India to See 11 PC Growth in FY25, Revenues to Grow 14 PC
  
  The overall air cargo volumes in India is projected to witness healthy growth of around 9-11 per cent (year-on-year) to around 3.6-3.7 million tonnes in FY25, according to a report on Thursday.This growth will be supported by 11-13 per cent expansion in international and...
• Listed Indian Real Estate Players Trim Debt by 54 PC, Bookings at Record High
  
  Top eight listed real estate developers in India have reduced their net debt by over 54 per cent in the first quarter of current fiscal (FY25) from the previous peak in FY19, a report showed on Thursday.The net debt of these companies collectively reduced to about Rs 20,808...
• Private Equity Investments in India Surge 39 PC to Reach $10.9 Billion in Jan-Sep
  
  Private equity investments in India saw the total sum of equity invested reach $10.9 billion during the first nine months of 2024, marking a 38.9 per cent increase from the previous year, a report showed on Thursday.India continues to be one of the top markets in Asia...
• Ratan Tata a Champion for Underprivileged, Says Soumya Swaminathan, Global Health Leaders
  
  Ratan Tata has been a champion for the underprivileged and left an extraordinary legacy in India and the world, said global health leaders as they mourn the demise of the Chairman Emeritus of the Tata Group.The legendary industrialist and philanthropist passed away at the...
• India's 100 Richest Tycoons Surpass $1 Trillion Milestone, Gautam Adani at 2ND Spot: Forbes List
  
  The collective wealth of India's 100 richest tycoons surpassed the trillion dollar milestone for the first time as more than 80 per cent of the country's richest tycoons are now wealthier than they were a year ago, a Forbes report showed on Thursday.In a record-breaking...
• Hyundai Motor India Aims to Raise up to $3.26 Billion via IPO, Trading from Oct 22
  
  The Indian subsidiary of Hyundai Motor is seeking to raise up to 4.4 trillion won ($3.26 billion) through an initial public offering (IPO), according to the carmaker on Thursday.Hyundai Motor said in a regulatory filing to the South Korean Financial Supervisory Service that...
• Centre releases Rs 1,78,173 crore as tax devolution to states in festive season
  
  In a bid to enable states to boost development and capital spending, the Centre on Thursday said it has released tax devolution of Rs 1,78,173 crore to state governments, as against the normal monthly devolution of Rs 89,086.50 crore.It includes one advance instalment, in...
• Andhra Pradesh Cabinet Condoles Ratan Tata's Demise
  
  The Andhra Pradesh Cabinet on Thursday condoled the passing away of top industrialist Ratan Tata.The Cabinet meeting chaired by Chief Minister N. Chandrababu Naidu paid tributes to Ratan Naval Tata.Ratan Tata, the chairman emeritus of Tata Sons and a philanthropist, died in...
• Had the Courage to Speak Truth to Men in Power: Manmohan Singh's Tribute to Ratan Tata
  
  Former Prime Minister Manmohan Singh, on Thursday, condoled the demise of Ratan Tata, Chairman Emeritus of one of India's biggest conglomerates, Tata Sons.The former PM wrote a condolence message to N. Chandrasekaran, Chairman, Tata Sons, saying that he was "deeply saddened...
• CMS, Leaders of Telugu States Condole Loss of Ratan Tata
  
  Chief Ministers and leaders of Telangana and Andhra Pradesh condoled the passing away of eminent industrialist Ratan Tata.Telangana Chief Minister A. Revanth Reddy expressed deep shock on Thursday over the iconic industrialist's death."Deeply shocked and saddened by the...
• RSS Mourns Passing of Ratan Tata, Hails His Contribution to India's Growth Story
  
  The Rashtriya Swayamsevak Sangh (RSS) has expressed deep sorrow over the passing of renowned industrialist Ratan Tata, describing his death as a great loss to the nation.In a statement, RSS Sarsanghchalak Mohan Bhagwat and Sarkaryavah Dattatreya Hosabale paid tributes,...
• Sensex Trades Higher on Positive Global Cues
  
  Indian equity indices opened in the green on Thursday following positive cues from the US and Asian peers.At 9.50 a.m., Sensex was up 93 points or 0.11 per cent at 81,560 and Nifty was up 29 points or 0.12 per cent at 25,011.In early trade, the market trend was positive. On...
• End of an Era: Key Union Ministers Mourn Ratan Tata's Demise
  
  Key Union Ministers Ashwini Vaishnaw, S. Jaishankar, and Hardeep Singh Puri on Thursday morning expressed their condolences on the demise of visionary business leader Ratan Tata.Ratan Tata, the Chairman Emeritus of Tata Sons, passed away at the Breach Candy Hospital...
• 'He Deeply Cared about Making India Better': Business Leaders Mourn Ratan Tata's Demise
  
  Tributes and condolences poured in as soon as the news about the demise of legendary industrialist Ratan Tata emerged.From Google CEO Sundar Pichai to Mahindra Group Chairman Anand Mahindra, prominent business leaders expressed their condolences on the demise of Ratan...
• 'Legendary Industrialist, True Nationalist': Condolences Pour in for Ratan Tata
  
  Condolences poured in soon after the Tata Group announced that its Chairman Emeritus and one of India's most illustrious industrialists, Ratan Tata, has died.Union Home Minister Amit Shah said that the legendary industrialist and true nationalist will "live on in our...
• 'India Has Lost a Giant', Says Gautam Adani on Ratan Tata's Demise
  
  Gautam Adani, Chairman, Adani Group, on Thursday expressed deep sorrow on the demise of Ratan Tata, the Chairman Emeritus of Tata Sons, who passed away at the Breach Candy Hospital following age-related health conditions."India has lost a giant, a visionary who redefined...
• Prayagraj Women Lead Swadeshi Campaign, Laud Lakhpati Didi Yojana
  
  As the festive season is around the corner, people are thronging markets to buy decorative items.Women in Uttar Pradesh's Prayagraj are leading the Swadeshi campaign. On the initiative of 'Shubh Labh Sanstha', a Self Help Group (SHG), women in Prayagraj are making handmade...
• 'Extremely Pained', Says PM Modi on Ratan Tata's Demise
  
  Prime Minister Narendra Modi on Thursday expressed grief on the demise of Ratan Tata, the Chairman Emeritus of Tata Sons, who passed away at the Breach Candy Hospital following age-related health conditions."My mind is filled with countless interactions with Shri Ratan Tata...
• Doyen of India Inc, Tata Group's Ratan Tata Passes Away
  
  Ratan Naval Tata, the Chairman Emeritus of Tata Sons, passed away at the Breach Candy Hospital following age-related health conditions. He was 86.Tata was admitted to the hospital on Monday, sparking intense speculation on his health status in corporate, political and...
• Income of Educational Institutes to Grow 12-14PC This Fiscal: Report
  
  Riding on higher enrolments, which allows for upward fee revisions, and students scouting for new course offerings, schools and colleges are expected to report 12-14 per cent revenue growth this fiscal, according to a report on Tuesday.The growth will be despite the high...
• Watchdog Orders Thorough Inspection of Korea Zinc for Any Legal Violation
  
  The head of the financial watchdog on Tuesday called for a thorough inspection of Korea Zinc, and those seeking to take over the firm for any legal violations in their attempts to take over or defend the company.Lee Bok-hyun, chief of the Financial Supervisory Service...

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