Waaree Energies is among India's largest manufacturers of solar PV modules with an aggregate installed capacity of 12 GW, as of June 30, 2023.
India achieved a historic milestone, surpassing 1 billion tonnes of coal and lignite production in FY23-24, compared to 937 MT in the previous fiscal. Union Minister Pralhad Joshi credited PM Modi's leadership for this achievement, ensuring energy security and reducing coal imports. The country aims to eliminate coal imports by 2025-26.
The Nifty Auto index closed 0.16 per cent down at 21385.25.
Priya Tikare leads HR at Lenovo Bengaluru, focusing on innovation, employee empowerment, job creation, and talent strength consolidation for productivity enhancement and growth.
Shah's reaction came a day after top INDIA bloc leaders exhorted the people to defeat the BJP to save democracy and the Constitution and alleged that the opposition has been deprived of a level-playing field in the Lok Sabha elections due to the government's "dictatorial" actions.
The NSE Nifty index closed 135.1 points up at 22462.0
Kumar Rakesh of BNP Paribas discusses strong demand for electric two-wheelers, caution in two-wheeler segment, impact of FAME II end on EV demand, tractor industry cyclicality, and top pick for 2024 being Maruti Suzuki. In case of EVs. we have seen a very strong demand for electric two-wheelers in March. April will be much weaker adjusting for this pre-buying, but May onwards, penetration expected to start inching back.
From the Sensex pack, JSW Steel and Tata Steel were the top gainers, rising over 4% each. UltraTech Cement, NTPC, L&T, HDFC Bank, and Power Grid also closed with gains, while Titan, Nestle India, Bharti Airtel, and IndusInd Bank ended with cuts.
Senior management at Mahindra Finance is witnessing a paradigm shift as vice chairman Ramesh Iyer passes the reins to Raul Rebello at the end of April. Though developing new business models would take some time, analysts believe the company's strong rural reach and financials would be beneficial.
Spot bitcoin ETFs and AI investments overshadowed Q1. Predictions include single-country and bond ETF growth. Key trends: Japan-focused ETFs, broadening U.S. stock market leadership, value stocks. Watch for Fidelity, Invesco, Capital Group.
The Bharatiya Janata Party (BJP) will release its manifesto for the forthcoming Lok Sabha elections in a few days, said Union Minister Piyush Goyal in a press conference on Monday.
Prime Minister Narendra Modi is set to kick off the BJP's campaign for the Lok Sabha elections in Uttarakhand by speaking at a rally in Rudrapur on Tuesday. The rally, to be held in the Nainital-Udham Singh Nagar constituency, is expected to draw over a lakh attendees, according to state BJP president Mahendra Bhatt.
In March 2024, Goods and Service Tax (GST) collection surged 11.5% year-on-year to Rs 1.78 lakh crore, marking the second-highest since GST's inception in July 2017. For FY24, GST collection soared by 11.7% to Rs 20.14 lakh crore, with average monthly collection rising to Rs 1.68 lakh crore from the previous year's Rs 1.5 lakh crore.
HRA tax exemption documents: House Rent Allowance (HRA) is generally part of salaried CTC. To save tax on rent paid during the financial year, an individual can claim exemption on HRA. However, an individual must have certain proofs apart from paying rent to claim HRA exemption and avoid rejection from the income tax department.
The Supreme Court declined to halt Hindu prayers in the Gyanvapi mosque's southern cellar in Varanasi and maintained the status quo on Muslim namaz offerings. It requested responses from the Kashi Vishwanath Temple trustees and priest Shailendra Kumar Pathak Vyas by April 30, addressing a plea from the mosque management committee against an Allahabad High Court ruling allowing Hindu prayers in the cellar.
The partnership empowers security teams to detect and defend against attacks swiftly, thereby enhancing cyber resilience for a secured future, Abhilash Purushothaman, Vice-President & General Manager at Rubrik (Asia), said in the statement.
Maruti Suzuki India's March sales grew by 10% to 1,87,196 units. The company achieved a milestone in annual sales, highest yearly domestic sales, and record exports. FY24 showed growth in total sales, domestic passenger vehicle sales, and exports.
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Anubhav Mohanty, BJD MP, joins BJP, praises Modi for triple talaq ban. Felt 'suffocated' in BJD, lauded Modi. Vinod Tawde welcomed him. Mohanty shifted from Rajya Sabha to Kendrapara. Opposition unity discussed.
Atul Mehra becomes Axis Capital MD and CEO, with Parag Gude and Dhaval Desai joining. Emphasis on strengthening investment banking and equities. Axis Capital maintains leadership amid global recognition of India's potential.
Israeli Prime Minister Benjamin Netanyahu successfully underwent hernia surgery amidst escalating protests calling for his resignation. The operation, performed at Hadassah Medical Center-Ein Kerem, was declared a success by the hospital's director of general surgery. Meanwhile, thousands of Israelis took to the streets, demanding action to free hostages held in Gaza and expressing discontent with Netanyahu's leadership.
The Islamabad High Court suspended the 14-year sentence of former Pakistani Prime Minister Imran Khan and his wife Bushra Bibi in the Toshakhana corruption case. They were convicted of retaining state gifts without depositing them properly. The court's decision came pending appeal hearings scheduled after Eid holidays.
Addressing a party meeting in Hanur town of Chamarajanagar district last Thursday, Yathindra, a former MLA, allegedly said: "Home Minister Amit Shah is a goonda, rowdy, there was a murder charge against him in Gujarat and he was exiled, and (Prime Minister Narendra) Modi did politics keeping such people next to him....".
