VIT founder, Chancellor Viswanathan gets honorary doctorate from State University of New York

VIT founder, Chancellor Viswanathan gets honorary doctorate from State University of New York

Wednesday, 15 May 2024 | PNS | New Delhi

Founder and Chancellor of Vellore Institute of Technology (VIT) Dr. G. Viswanathan received the State University of New York (SUNY) Honorary Doctor of Laws Degree during Binghamton University’s convocation ceremony in the USA recently. The honorary doctorate was conferred on Dr. G. Viswanathan by Binghamton University President Harvey Stenger. Dr G...

Evaluation of infrastructure requirements for achieving USD one trillion exports by September, says official

Monday, 13 May 2024 | PTI | New Delhi

A study to assess required infrastructure and identify main industry clusters for achieving the USD 1 trillion merchandise exports target by 2030 may be submitted by August-September to the commerce ministry, an official said. The official said that the Asian Development Bank (ADB) is doing that study for the ministry. In 2023-24,...

Anarock FY24 revenue rises 36 per cent to Rs 566 crore on higher earnings

Monday, 13 May 2024 | PTI | New Delhi

Real estate consultant Anarock Group has posted a 36 per cent increase in its revenue to Rs 566 crore in the last fiscal, helped by better earnings from housing brokerage and other services. During 2022-23, the company posted a revenue of Rs 416 crore. Homegrown Anarock was established by Anuj Puri in...

India’s coal import rises eight per cent to 268 MT in FY24

Monday, 13 May 2024 | PTI | New Delhi

India’s coal import rose by 7.7 per cent to 268.24 million tonne (MT) in FY24 driven by softness in seaborne prices and likelihood of increase in power demand during summer. The country’s coal import was 249.06 MT in FY23, according to data compiled by B2B e-commerce company mjunction services. Coal import...

Maruti Suzuki expects over 30 per cent jump in CNG vehicle sales at six lakh units in FY25

Monday, 13 May 2024 | PTI | New Delhi

Maruti Suzuki India expects its CNG car sales to rise over 30 per cent to around 6 lakh units this fiscal, according to a senior company official. The country’s largest carmaker also aims to export around 3 lakh units in the ongoing financial year. “So CNG, this year, we did about 4,50,000...

Inflation data, Q4 earnings, global trends to drive stock markets this week: Analysts

Monday, 13 May 2024 | PTI | New Delhi

Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates and global trends this week, analysts said. News flows around the general election would also be tracked by investors, market experts said. Besides, investors would also take cues from the trading activity of foreign investors, the movement of...

Large PSUs spend Rs 50,200 crore in capex in April

Monday, 13 May 2024 | PTI | New Delhi

Large public sector companies have spent a little over Rs 50,200 crore towards capital expenditure in April FY25 alone, which is 6.46 per cent of their full fiscal target of Rs 7.77 lakh crore, an official said. The pace albeit is slower than Rs 54,177 crore capex spent in April FY24,...

Next round of talks for India, Asean trade pact review in July

Monday, 13 May 2024 | PTI | New Delhi

Senior officials of India and the 10-nation bloc of Southeast Asian nations —ASEAN — will hold the next round of talks in July to review the existing free trade agreement in Jakarta, Indonesia, an official statement said on Sunday. The last round of the three-day negotiations concluded on May 9 in...

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