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India's R&D spending nearly doubled in last decade

Mumbai, March 4 -- A latest government press release stated that India R&D spending (GERD) is double in last one decade during the government headed by Prime Minister Narendra Modi, from Rs 60,196 cr ... Read More


Wendt Board OKs incorporation of WOS in Germany

Mumbai, March 4 -- The primary objective of this subsidiary is to diversify the company's geographical presence in Europe and offer services to the machine building and superabrasive customers in the ... Read More


Coffee Day Enterprises Ltd leads gainers in 'A' group

Mumbai, March 4 -- Vijaya Diagnostic Centre Ltd, Jyoti CNC Automation Ltd, India Cements Ltd and Epigral Ltd are among the other gainers in the BSE's 'A' group today, 04 March 2025.Coffee Day Enterpri... Read More


Global economic precap: Markets brace for rate cuts, jobs data, and PMI storms

Mumbai, March 3 -- Markets worldwide are gearing up for a high-stakes week packed with major economic updates. In the US, all eyes are on the February jobs report, expected to show the slowest hiring ... Read More


Coffee Day hits the roof as NCLAT sets aside insolvency order

Mumbai, March 3 -- The core of the legal dispute revolved around an alleged default of Rs 228 crore. Initially, the Bengaluru bench of the National Company Law Tribunal (NCLT) had admitted IDBI Truste... Read More


Adani Ports records 3% YoY growth in Feb'25 cargo volumes

Mumbai, March 3 -- The growth in cargo volumes was led by containers (up 16% YoY) and liquids and gas (up 12% YoY). On a year-to-date (YTD) basis, APSEZ handled 408.7 MMT of total cargo (up 7% YoY). ... Read More


Maruti Suzuki total sales rise nearly 1% to 199,400 units in Feb25

Mumbai, March 3 -- The sales of domestic passenger vehicles stood at 160,791 units (up 0.32% YoY), while sales of light commercial vehicles came in at 2,710 units (down 13.31% YoY) during the period u... Read More


Paytm drops after ED slaps notice for violating FEMA Act 1999

Mumbai, March 3 -- The Enforcement Directorate (ED) alleged that the company contravened certain provisions of FEMA between 2015 to 2019 in relation to its acquisition of two subsidiaries, Little Inte... Read More


Sensex tumbles 332 pts; Nifty tanks below 22,050; broader mkt underperforms

Mumbai, March 3 -- The headline equity benchmarks traded with significant losses in mid-morning trade, weighed down by several factors contributing to the market downturn, including foreign investor s... Read More


NMDC records 18% YoY jump in iron ore production in Feb'25

Mumbai, March 3 -- However, the company's iron ore sales slightly declined to 3.98 MT in February 2025, compared to 3.99 MT in February 2024. Iron ore production in the Chhattisgarh division declined... Read More