Business

Muthoottu Mini financiers to hire over 2k employees

Muthoottu Mini financiers to hire over 2k employees

Hyderabad: Muthoottu Mini Financiers Ltd, popularly known as Yellow Muthoottu, one of the largest Non-Banking Financial Companies (NBFC) in India, on Monday announced a nationwide recruitment drive for 2000+ positions at various levels across the country. Speaking on the announcement, P.E. Mathai, Chief Executive Officer, Muthoottu Mini Financiers Ltd said, “We aim to recruit 2000 […]

India tops global remittance charts at USD 125 billion in 2023: World Bank report

India tops global remittance charts at USD 125 billion in 2023: World Bank report

  New Delhi: The World Bank’s latest Migration and Development Brief reveals a continuing growth in remittance flows to low- and middle-income countries (LMICs) in 2023, albeit at a slower pace compared to previous years. According to the World Bank, the report highlights India’s significant position as the top remittance recipient, drawing attention to the […]

Adani group takes over news agency IANS

Adani group takes over news agency IANS

  New Delhi: Adani Group has acquired a majority 50.50% stake in New Delhi-based news agency IANS India Pvt Ltd (IANS), according to regulatory filing by the business conglomerate. Adani group flagship company Adani Enterprises said that its wholly-owned subsidiary AMG Media Networks (AMNL) has acquired 50.50% stake on 15th December 2023 in accordance with […]

Rupee opens flat at 83.31 against USD

Rupee opens flat at 83.31 against USD

Mumbai: The Rupee on Friday was seen almost steady at 83.31, rising one paisa in opening session against US Dollar on selling of US Dollars by bankers and exporters, dealers at the Foreign Exchange said. The local unit remained unaltered owing to weak dollar against other world currencies amid strong opening in equity market. The […]

Sensex improves 33 pts

Sensex improves 33 pts

Mumbai: The BSE Sensex on Wednesday ended positive at 69,584.60, rising 33.57 pts on the strength of Utilities, Realty, Capital Goods and Industrials stocks. The National Stock Exchange (NSE) moved up 19.95 pts at 20,926.35. Volatility was witnessed during the session today, as the Sensex opened higher at 69,648.56, up 96 pts. It was surged […]

UltraTech eyes 85pc share of green energy in its total energy mix by 2030

UltraTech eyes 85pc share of green energy in its total energy mix by 2030

New Delhi:) UltraTech Cement on Wednesday announced its plans to increase the overall share of green energy in its total energy mix to 85per cent by 2030. As an interim target, the Aditya Birla Group firm plans to increase its total green energy share three-fold from its current 22pc to 60pc by 2025-26. “Green energy […]

IndiGo strengthens connectivity to Thailand with over 25 pc increase in weekly flights

IndiGo strengthens connectivity to Thailand with over 25 pc increase in weekly flights

Kolkata: IndiGo on Tuesday announced the addition of flights between Mumbai and Phuket and the resumption of operations between Bengaluru and Phuket. The addition of these flights will further enhance connectivity between India and Thailand. Given the immense popularity of Thailand as a preferred destination among Indians, IndiGo is introducing additional flights between Mumbai-Phuket, with […]

Rupee up 1 paisa against USD

Rupee up 1 paisa against USD

Mumbai: The rupee on Tuesday rose marginally by one paisa to 83.36 in the opening session against US dollars on the sale of US dollars by bankers and exporters, dealers at the Foreign Exchange said. The local unit improved due to a weak dollar against other world currencies amid a strong opening in the equity […]

Hindalco announces new battery foil unit, plans to invest Rs 800 crore

Hindalco announces new battery foil unit, plans to invest Rs 800 crore

Mumbai: Seeking to tap the fast-growing electric vehicle (EV) market, Aditya Birla Group flagship company Hindalco Industries on Tuesday announced an investment of Rs 800 crore to set up a battery foil manufacturing facility in Odisha. “The company is investing Rs 800 crore to build a new plant near Sambalpur in Odisha that will initially […]

Sensex rises 83 points

Sensex rises 83 points

Mumbai: The BSE Sensex on Monday rose 83 points to 69,871.84, a new high in the opening session as buying was seen across the board. The National Stock Exchange (NSE) fell 11.65 points to 20,957.75. The Sensex registered intraday highs and lows at 70,057.83 and 69,797.15 points, respectively. The Nifty registered intraday highs and lows […]