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Adani Group to invest additional ₹30,000 cr to expand domestic ports ops

Adani Group to invest additional ₹30,000 cr to expand domestic ports ops

In a bid to expand its domestic operations, Adani Ports and Special Economic Zone (APSEZ) is now planning to invest ₹30,000 crore in the next two years, The Economic Times reported.

The majority of this investment will go into the Mundra (Gujarat), Dhamra (Odisha), and Vizhinjam (Kerala) ports, and this is over twice the ₹11,000–12,000 crore investment the company had projected for the current fiscal year.

Mobikwik shares drop 3% amid ₹40-crore fraud prob; details here

Mobikwik shares drop 3% amid ₹40-crore fraud prob; details here

Shares of One Mobikwik fell over 3 per cent on Wednesday after the company reported that some merchants in Haryana colluded to claim unauthorised settlements worth ₹40 crore.

The fintech stock fell as much as 3.53 per cent during the day to ₹300.3 per share, the biggest intraday fall since September 9 this year.

India, US trade dialogue moves forward after Trump softens stance

India, US trade dialogue moves forward after Trump softens stance

Trade discussions between the US and India on Tuesday were described as “positive” and “forward-looking”, after US President Donald Trump adopted a more conciliatory tone following the additional 25 per cent tariffs on India over its purchase of Russian oil.

A US delegation led by Brendan Lynch, Assistant US Trade Representative for South and Central Asia, met Indian trade officials headed by Chief Negotiator Rajesh Agrawal in New Delhi on Tuesday.

US President Donald Trump dials PM Narendra Modi, greets him on birthday

US President Donald Trump dials PM Narendra Modi, greets him on birthday

US President Donald Trump on Tuesday dialled Prime Minister Narendra Modi and greeted him on his 75th birthday, in a significant gesture seen as part of Washington's efforts to reset ties with New Delhi.

In a social media post, Modi said like Trump, he is also "fully" committed to taking the India-US Comprehensive and Global Partnership to "new heights".

PM Modi turns 75, BJP launches fortnight-long 'Sewa Pakhwada' celebrations

PM Modi turns 75, BJP launches fortnight-long 'Sewa Pakhwada' celebrations

Prime Minister Narendra Modi turned 75 on Wednesday, with the BJP launching over a fortnight long "Sewa Pakhwada" to mark the birthday of its preeminent leader.

The BJP-run governments at the Centre and states have lined up an array of outreach, welfare, development and awareness programmes, ranging from health camps to cleanliness drive, get togethers of intellectuals and fairs to promote indigenous products across the country till October 2.

SpiceJet adds 8 more Boeing 737s, boosting fleet ahead of festive season

SpiceJet adds 8 more Boeing 737s, boosting fleet ahead of festive season

Troubled Indian budget carrier SpiceJet said on Tuesday it will lease eight additional Boeing 737 aircraft to bolster its fleet ahead of the festive and winter season.

The latest deal takes the airline's total fleet additions to 18 aircraft, including two earlier agreements to lease 10 Boeing jets scheduled for delivery starting in October.

IIT Hyderabad develops 6G prototypes, targets readiness for 2030 rollout

IIT Hyderabad develops 6G prototypes, targets readiness for 2030 rollout

The Indian Institute of Technology Hyderabad aims to ensure that India is not just a participant but a key player in shaping the 6G technology, which is expected to be rolled out by 2030, Professor Kiran Kuchi, leading telecommunications researcher at the premier institute has said.

'Gaza is burning', says Israeli defence minister after overnight strikes

'Gaza is burning', says Israeli defence minister after overnight strikes

Israel's defence minister said Tuesday that Gaza is burning after heavy strikes overnight targeted Gaza City.

Defence Minister Israel Katz's remarks come as Israel has been planning a new offensive targeting Gaza City.

NTPC Green shares rise 5% on 100 MW IRCON Renewable JV unit launch

NTPC Green shares rise 5% on 100 MW IRCON Renewable JV unit launch

Shares of NTPC Green Energy advanced over 5 per cent on Tuesday after it began commercial operations of a 100 megawatt (Mw) joint venture unit at its IRCON Renewable project.

The power generation company's stock rose as much as 5.01 per cent during the day to ₹108.75 per share, the biggest intraday rise since June 20 this year. The NTPC Green Energy stock pared gains to trade 3 per cent higher at ₹106.6 apiece, compared to a 0.43 per cent advance in Nifty 50 as of 10:03 AM.

Govt taps Uco Bank to manage payments for Nayara Energy after EU sanctions

Govt taps Uco Bank to manage payments for Nayara Energy after EU sanctions

State-run Uco Bank has been cleared by the government to handle trade payments for Nayara Energy, The Economic Times reported on Tuesday. This comes after the refiner was cut off by both domestic and international financial institutions following sanctions imposed by the European Union.

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