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Bonfiglioli eyes Rs.2,500-crore IPO as India arm powers 31% of group EBITDA

New Delhi, Oct. 9 -- Bonfiglioli India, the wholly owned Indian subsidiary of Italy's Bonfiglioli Group and a manufacturer of gearboxes and drive systems for wind turbines, construction equipment and ... Read More


US PERM suspension: Indian IT firms cut reliance on H-1B visas, says Nasscom

New Delhi, Oct. 9 -- Indian IT companies have already significantly reduced their dependence on US immigration programmes and built larger local workforces, Nasscom said, after the US DOL suspended ma... Read More


No impact on workforce strategy due to US ban: TCS

New Delhi, Oct. 9 -- Tata Consultancy Services expects no impact to its workforce staretgy or client engagement owing to the US government's recent green-card ban on Indian IT companies. "Our PERM ap... Read More


ITC shares slide 4% to near 52-week low after Rs.9,437-crore block deal

New Delhi, Oct. 8 -- ITC shares fell nearly 4 per cent on Thursday, making it the top loser on the Nifty 50, after a large block deal worth Rs.9,437 crore changed hands in the pre-open session. The st... Read More


IMD Update: Thunderstorms likely in coastal AP, Rayalaseema, Karnataka for a week

New Delhi, Oct. 8 -- The South Peninsula is beginning to show classic signatures of approaching north-east monsoon, with an expansive spell of rain, thunderstorms, lightning and gusty winds building, ... Read More


Women account for 25% of India's capital market participation: SEBI chief

New Delhi, Oct. 8 -- SEBI Chairman Tuhin Kanta Pandey on Thursday said women account for around 25 per cent of capital market participation and about 27 per cent of individual mutual fund investors, w... Read More


HDFC Bank shares dip, falls 4% in October so far

New Delhi, Oct. 8 -- HDFC Bank shares were in focus on Thursday, declining 1 per cent to Rs.684.25 on the NSE after the Reserve Bank of India raised the repo rate by 25 basis points to 5.50 per cent f... Read More


Jantar Mantar protest: Delhi shuts liquor vends for two days citing police inputs

New Delhi, Oct. 8 -- The Delhi Excise Department has ordered the closure of all retail liquor vends in the national capital on October 9 and 10, citing the prevailing situation and inputs received fro... Read More


Unfolding El Niño may be the strongest since 1950s, says WMO

New Delhi, Oct. 8 -- A rapidly strengthening and drought-bearing El Niño could push central and eastern tropical Pacific temperatures to record levels by late 2026, according to the World Meteorologic... Read More


Tata Power shares hits 52-week low; announced Ocean Sun deal buzz

New Delhi, Oct. 8 -- Shares of Tata Power slipped to a fresh 52-week low of Rs.338.40 in early trade on Thursday, even as the stock was among the actives following the company's floating solar partner... Read More