- Business
- December 13, 2024
Qwatt Technologies Unveils Industry-First 36V LED Module with Unmatched 10-Year Warranty
Qwatt Technologies, award-winning startup in India, has introduced the industry’s first 36V LED module in the signage and lighting sector, offering an industry-leading warranty of up to 10 years. Designed to optimize energy efficiency and extend lifespan, this groundbreaking product delivers exceptional luminous output while significantly lowering power consumption. Featuring advanced thermal management and unparalleled reliability, the 36V LED module is perfectly suited…
- Business
- December 12, 2024
Defence Ministry Inks Rs 13,500 Cr Deal With HAL To Procure 12 Sukhoi Jets
New Delhi, Dec 12 (PTI) The Defence Ministry on Thursday said it inked a Rs 13,500 crore deal with state-run aerospace major Hindustan Aeronautics Ltd (HAL) to procure 12 Sukhoi jets. The aircraft will feature 62.6 per cent domestic content, it said. The Russian-origin Su-30MKI jets are being procured for the Indian Air Force. These jets are now manufactured by the HAL under…
- Business
- December 12, 2024
Reliance signs $12-13 bn oil import deal with Russia’s Rosneft
New Delhi, Dec 12 (PTI) Billionaire Mukesh Ambani’s Reliance Industries Ltd has signed a deal to import crude oil worth USD 12-13 billion a year from Russia’s Rosneft for 10 years, sources said. Russian state oil firm Rosneft will supply up to 500,000 barrels per day (25 million tonne a year) of crude oil to Reliance, they said. The 10-year deal at current…
- Business
- December 12, 2024
Retail inflation eases to 5.48 pc in Nov: Govt data
New Delhi, Dec 12 (PTI) Retail inflation slowed to 5.48 per cent in November compared to 6.21 pc in October, mainly due to easing food prices, especially vegetables, according to government data released on Thursday. According to Consumer Price Index (CPI) data released by the National Statistics Office (NSO), the inflation in the food basked reduced to 9.04 per cent in November. It…
- Business
- December 12, 2024
Mumbai Property Sells For Whopping Rs 185 Crore – Details
New Delhi, Dec 12 (PTI) In a big-ticket property deal, realty firm Macrotech Developers Ltd has sold a 14,000 square feet apartment in its sea-facing super luxury housing project at Worli in Mumbai for Rs 185 crore, according to sources. Macrotech Developers Ltd, which sells properties under the Lodha brand, is one of the leading real estate developers in the country. It has…
- Business
- December 12, 2024
Retail Inflation Slows To 5.48 per cent in November: Govt
New Delhi: The retail inflation slowed down to 5.48 per cent in November compared to 6.21 per cent in October, a government data mentioned on Thursday. More to follow…
- Business
- December 11, 2024
Breaking: ‘Change Is The Only Constant…’ New RBI Governor Bats For Policy Continuity
New Delhi: New Reserve Bank of India governor Sanjay Malhotra, on Wednesday said that the central bank will put its best foot forward in public interest. Addressing his first press conference after taking over as the new chief of RBI, Malhotra batted for policy continuity, while underlining that change is the only constant. “It is a huge responsibility… I will uphold Reserve Bank’s…
- Business
- December 10, 2024
Boeing Starts Building New 737 Max Planes For First Time Since Workers Strike
Washington: Boeing is resuming production of its bestselling plane, the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. The company said Tuesday that plane-building resumed at its plant in Renton, Washington, after going through a process of identifying and fixing potential problems. Boeing shares rose 5 per cent in late-morning trading. Production and…
- Business
- December 10, 2024
Dabur’s Burman Family To Acquire 26% Stake In REL; Gets RBI Nod – Detail
New Delhi, Dec 10 (PTI) The Reserve Bank has approved the open offer of Burman family — the promoters of FMCG major Dabur — to acquire an additional 26 per cent stake in NBFC firm Religare Enterprises Ltd (REL). The central bank also directed maintaining of the current board/management structure of REL. The Reserve Bank of India (RBI) said it has granted its…
- Business
- December 9, 2024
Intel’s Pat Gelsinger Is ‘Fasting’ On Thursdays: Retired Or Fired?
Patrick P. Gelsinger, Former CEO of Intel, took to X late at night on Sunday to express that every Thursday he does a 24-hour prayer and fasting day. What Is Behind This Sudden Spirituality? On December 2, last week, Intel, the tech company headquartered in Santa Clara had announced that Pat Gelsinger had retired from the firm, effective immediately. Intel had also named…
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