Brushing aside concerns raised by proxy advisory firm IiAS on Suzuki's investment in the EV project, Maruti Suzuki chairman RC Bhargava on Thursday asserted that there was nothing in it against the interest of the company and its shareholders as it is part of an earlier arrangement. Countering the criticism from the proxy advisory firm, Bhargava noted that all models produced at Suzuki Motor Gujarat (SMG), including EVs, would be ultimately sold by Maruti Suzuki India (MSI) in the marketplace. IiAS has raised serious questions regarding the decision of the Suzuki Motor Corporation (SMC) to invest directly in the EV project instead of MSI doing it.
As many as 623 candidates, including 73 women are in the fray in the first phase and around 2.28 core voters, including 1.24 crore men and 1.04 crore women are eligible to caste their francise, election officials said.
Wriddhiman Saha opted out of Bengal's Ranji Trophy campaign after being categorically told that he will not be picked for India's two-match Test series against Sri Lanka, starting in Mohali on March 4.
The government has recapitalised public sector banks (PSBs) by infusing over Rs 3.10 lakh crore in the last five fiscals, a majority of which was through issuance of recapitalisation bonds, Parliament was informed on Monday. "Government has infused Rs 3,10,997 crore to recapitalise banks during the last five financial years i.e., from 2016-17 to 2020-21, out of which Rs 34,997 crore were sourced through budgetary allocation and Rs 2,76,000 crore through issuance of recapitalisation bonds to these banks," Minister of State for Finance Bhagwat Karad said in a written reply in the Lok Sabha. He was responding to a host of questions asked by Congress party's Member of Parliament Manish Tewari.
The batting was a big letdown for the Indians with Virat Kohli, Hanuma Vihari, Shubman Gill and Shreyas Iyer failing in both innings, while Shardul Thakur's selection over Ravichandran Ashwin turned out to be a big mistake.
Bangladesh capitalised on Pakistan's late slump to win their first ever Women's World Cup match on Monday.
India's effective reproduction number (R) for Covid, an indicator of how quickly the infection is spreading, has increased to over 1 for the first time since January, estimates a researcher from Chennai's Institute of Mathematical Sciences.
Batsman Daniel Hughes, returning from an ankle injury but still visibly restricted, top-scored with 42 before being run-out by Marsh, triggering a collapse which resulted in the side being bowled out for 92.
Pant bludgeoned four sixes and nine fours in his innings of 96 in 97 deliveries as India reached 357 for six
Glimpses from Sunday's Nations League matches.
The Samajwadi Party's Mainpuri district unit Thursday gave a written request to the party chief to contest from the Karhal seat and he agreed, sources said.
Karthik was sympathetic towards Saha, saying it was not easy for a cricketer to accept rejection.
Kalli Purie was over one hundred kilos when she decided she'd had enough of being overweight. Here's how she lost it.
Petrol and diesel prices were hiked by 80 paise a litre each on Wednesday, taking the total increase in rates in 16 days to Rs 10 per litre.
The latest avatar of the F-15 is designed to deal with the world's most potent air threats that are emerging from China.
Delhi's public works department will set up 35 metre-high national flags at 75 locations across the city by January 26, officials said on Wednesday.
Preparing turf for the World Cup, being held for the first time in the Middle East, is environmentally costly. Qatar has also countered the risk of fungus and disease outbreaks with a maintenance regime involving chemical cocktails, grass mowers that vacuum debris and an underground system that sucks excess moisture, said a UEFA pitch consultant.
Private equity investments hit a record high of $40.1 billion in 2021, an increase of over 15 per cent from the previous year, led by a $3.6 billion flow into Flipkart and $1.93 billion into Bundl Technologies, as per a report. According to the data collated by Refinitiv, an LSEG business, while the value of inflows rose 15.2 per cent from $34.8 billion in 2020 to $40.1 billion in 2021, the deal volume soared to 990 in the reporting year from 588 in 2020. Analysts at the agency expect the inflow momentum to continue in 2022 as technology companies, especially startups, continue to attract capital from both private and public markets.
If the banks throw caution to the winds for building loan books, the hydra-headed bad loans may resurface and spoil the party, warns Tamal Bandyopadhyay.
Consolidating its position, the Bharatiya Janata Party wrested high-profile Rampur and Azamgarh Lok Sabha seats in Uttar Pradesh from the Samajwadi Party and won three assembly seats, including that of Chief Minister Manik Saha, in Tripura in by-election results announced on Sunday.
'At current valuations, we believe large-caps offer better downside support.' 'Hence, we are suggesting a small tilt towards them.'
India will face the winners between Bangladesh and Sri Lanka, who play in the last group league encounter.
According to BJP insiders, every Union minister has been given 3-4 seats to mentor and has been told to work hard on these constituencies in the next 20 months to ensure the party's victory.
Mumbai's Yashasvi Jaiswal and Armaan Jaffer to put Uttar Pradesh on the back-foot by taking their overall lead past the 600-mark
State-owned oil firms such as ONGC and IOC will invest over Rs 1.11 lakh crore in the next fiscal year starting April as they supplement the government's massive spending programme to spur economic growth. Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation (IOC), GAIL (India) Ltd, Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL) and Oil India Ltd (OIL) will together make a 7.4 per cent higher capital expenditure in the 2022-23 fiscal (FY23). The capex spending of Rs 1.11 lakh crore in 2022-23 compares with a revised estimate of Rs 1.04 lakh crore for the current fiscal year that ends in March, according to Union budget documents.
The launch of the crewed space mission, Gaganyaan, is being planned before the next Independence Day and this will be proceeded by two uncrewed missions, Lok Sabha was informed on Wednesday.
The Indian Army on Wednesday showcased at the Republic Day parade the Centurion tank, PT-76 tank, 75/24 Pack howitzer and OT-62 TOPAZ armoured personnel carrier
'He is already training in Mumbai and is expected to be in Bangalore for the fitness test and get a formal okay from the National Cricket Academy.'
Admitting that credit growth is "very low" given the size and growth rate of the economy, the Reserve Bank on Wednesday said for both the numbers to match, "the very very wide output gap" has to close. The central bank also clarified that low credit growth does not necessarily mean low credit flow to the economy, or choking of credit to the system, as bank credit growth numbers that the central bank publishes regularly represent only the outstanding credit in the system. Output gap means due to poor demand conditions, companies are unable run their plant at full installed capacity or, in a larger sense, an economy is not producing optimally as the demand is missing.
The total amount of fraud reported by banks showed a drop in 2020-21 - for the first time in eight years - though there is an emerging trend of private sector banks reporting a larger number of frauds related to card and internet banking. According to the latest data released by the Reserve Bank of India, commercial banks reported Rs 1.38 trillion of frauds in 2020-21, as compared to Rs 1.85 trillion in the previous year. The first half of the current fiscal year saw banks reporting frauds worth Rs 36,342 crore.
Congress president Sonia Gandhi on Friday said after almost 12 months of Gandhian agitation, the repeal of three farm laws is a 'victory of the will of 62 crore farmers and sacrifices of more than 700 farmers who laid their lives for this struggle,' and hoped that the Bharatiya Janata Party government would have drawn some lessons for future.
Releasing a report titled 'Profiting from Pain' in Davos, the rights group further said as the cost of essential goods rises faster than it has in decades, billionaires in the food and energy sectors are increasing their fortunes by $1 billion every two days.
India's Test specialists, including senior speedster Ishant Sharma, toiled hard at the nets on the second day of the short camp in Mumbai on Tuesday as they braced up for the upcoming Test series against New Zealand.
The 10 IPL franchises have so far spent above Rs 388 crore collectively
Up against the 91st-ranked Bahrain, Stimac's side, which is currently placed at 104 in the FIFA rankings, found the going tough from the word go and, had it not been for a fine save by skipper Gurpreet Singh Sandhu, the Indians would have trailed by a bigger margin at half time.
Till 5 pm, Agra recorded 56.61 per cent polling, Aligarh 57.25 per cent, Baghpat 61.35 per cent, Bulandshahr 60,52 per cent, Gautam Buddh Nagar 54.77 per cent, Ghaziabad 54.77 per cent, Hapur 60.50 per cent, Mathura 58.51 per cent, Meerut 58.52 cent, Muzaffarnagar 62.14 per cent and Shamli 61.78 per cent, an EC report said.
GAIL (India) Ltd has pre-poned the supply of gas from the US and is looking to contract more LNG next year as it doubles down efforts to secure affordable energy supplies to meet the needs of Asia's third-largest economy, chairman Manoj Jain said. India's No.1 gas transporting and marketing firm has long-term liquefied natural gas (LNG) supply contracts from the US to Australia and with Russia, supplementing domestic gas supplies. "In 3Q (October-December 2021) we preponed a couple of cargoes (LNG shiploads) from supplies that we were to receive next year and we did it again in the current quarter," Jain told PTI. This is because US LNG costs one-third of the price of gas available in the spot or current market.
As many as 422 Omicron cases have been detected across 17 states and Union Territories in India so far and 130 of these people have recovered or migrated, according to Union health ministry data updated on Sunday.
The daily rise in new coronavirus infections has been below 20,000 for 31 straight days and less than 50,000 daily new cases have been reported for 134 consecutive days now.
IMAGES from Day 10 of the Wimbledon 2022 Championships at the All England Lawn Tennis and Croquet Club in London, on Wednesday.
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