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The Delhi High Court on Monday allowed urgent listing of a PIL relating to the building collapse incident in Satya Niketan here that left six people dead and several others injured. A lawyer mentioned the matter for urgent hearing before a bench of Chief Justice Devendra Kumar Upadhyaya and Justice Tejas Karia which allowed it…
Maruti Suzuki will increase car prices by up to twenty thousand rupees this September. This follows a previous price adjustment of around thirty thousand rupees last month. The automaker cited sustained increases in input costs as the primary reason. Maruti Suzuki has made efforts to mitigate these rising costs through various measures. However, the company…
India is boosting coal rail shipments to power plants facing critically low fuel stocks. The number of plants with less than three days of coal has risen sharply recently. Heavy rainfall in key coal-rich states has impacted mining and transportation operations. Coal India, the largest miner, reports adequate pithead stock levels.
The Supreme Court on Monday asked all states to submit fresh status reports on the establishment of old-age homes and the facilities available to senior citizens. The bench was hearing a long-pending PIL, filed in 2016, seeking effective implementation of measures for the welfare and protection of the elderly. A bench comprising Chief Justice Surya…
NIIF has appointed Gauravjit Singh as managing partner and global head of capital formation. Singh, who previously worked at PAG, True North and KKR, will focus on expanding NIIF’s global and domestic investor base as the fund steps up capital mobilisation.
Tewolde Gebremariam has taken charge as the new Chief Executive Officer of Tata Group-owned Air India. He succeeds Campbell Wilson, who was the former leader of the airline. Air India Chairman N. Chandrasekaran led an employee town hall to welcome the new CEO. Employees gathered to mark the next chapter in Air India’s transformation journey….
Maruti Suzuki’s third price hike since May, follows similar moves by Tata Motors and comes amid sustained input-cost pressures and an elevated inflation burden
Consumer goods companies are planning price hikes due to high sugar costs. Bikaji Foods is already implementing a two percent increase on its sweets. Companies face significant cost increases compared to recent months. This pressure comes after previous price adjustments for commodity inflation. Further price increases or grammage cuts are anticipated in packaged foods.
The movement of multiple suspected drones around the operational area of the Amritsar international airport prompted the authorities to divert seven flights, including two international ones, an official said on Monday. The incident occurred at around 10 pm on Sunday when the of movement of drone-like objects was detected near the runway area. It triggered…
Large microfinance companies received 98.1% of sector funding in Q1. This funding concentration reflects financiers playing safer during uncertain economic cycles. Smaller institutions face tighter liquidity and higher borrowing costs, impacting recovery pace. Banks contributed 80.4% of the Rs 21,407 crore debt funding received. NBFC-MFIs remain the largest micro-credit provider with a 44.3% market share.