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Interestingly, JSW Cement is also very close to commissioning its captive power plant at Salboni for uninterrupted power supply at competitive rates. Besides, it has dedicated rakes for ensuring timely & quick delivery of raw materials and a fleet of trucks to facilitate smooth transport of cement to its dealers and sub-dealers.

JSW plans to double green cement output

The current cement making capacity in eastern region is nearly 4MTPA.

22 May 2019 3:51 AM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Underlying trend remains positive

The Sensex lost 382 points to close at 38,969, while the Nifty ended with losses of 119 points or 1 per cent at 11,709...

22 May 2019 3:46 AM IST

UPI has been key in steering the entire ecosystem of consumers, payment processors and banks towards digital transformation and it continued its monumental growth in 2019.

Festivals drive up digi-pay in Q1

UPI transaction volumes up 328 per cent.

22 May 2019 3:37 AM IST

Another 29 per cent would maintain the same level of investment in PE and in total 75 per cent of the ultra rich are positive about private equity investment.

Ultra-rich to raise PE allocation

About 46 per cent of ultra rich are likely to increase their investment to private equity as an asset class in 2019.

22 May 2019 3:30 AM IST

The mutual fund schemes cannot invest in physical goods except in gold through ETFs. They can investment in ETCDs through hybrid schemes and Gold ETFs.

Mutual Fund allowed in commodity derivatives

Sebi has also laid down a few riders for the mutual funds.

22 May 2019 3:26 AM IST

Japan has also pushed its plans to be a bigger player in the region under its Free and Open Indo-Pacific Strategy.

India, Japan to sign up for Colombo terminal

Sri Lanka to have 51per cent stake, India & Japan to hold 49 per cent.

22 May 2019 3:16 AM IST

Reliance Jio free 4G services have reduced profit of Airtel by more than half, lowered Vodafone Indias profit and pushed Idea Cellular into first ever quarterly loss.

Airtel, Vodafone Idea lose 30 mn customers; Jio adds 9.4 mn users in...

India's total wireless subscriber base fell to 1,161.8 million on March 31, 2019, shedding 21.87 million users over the...

21 May 2019 7:46 PM IST

Virgin Atlantic has taken one of their commuter Boeing 747-400 aircraft, called the Cosmic Girl, and modified it heavily to make the rocket launch possible. (Photo: Virgin Orbit)

Virgin Atlantic to resume Mumbai-London flight from Oct 27

The London-Mumbai flight will be available from booking from May 28 and the services on the route will restart from...

21 May 2019 7:40 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI to create specialised supervisory and regulatory cadre

A decision to this effect was taken at a meeting of the Central Board here under the Chairmanship of RBI Governor...

21 May 2019 7:33 PM IST

Productivity in British low-paid jobs lags 20 to 30 per cent behind equivalent roles in Germany, France, the Netherlands and the United States.

Job creation up at 8.14 lakh in March: EPFO payroll data

Around 67.59 jobs were generated in the entire 2018-19 fiscal, according to EPFO payroll data.

21 May 2019 6:47 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

46 pc ultra high net worth Indians to increase investment in private...

On an average, private equity finds 4 per cent allocation in the overall investment portfolio of Indian UHNWIs.

21 May 2019 6:40 PM IST

L&T market capitalisation to touch Rs 3 lakh crore in five years: AM...

Naik narrated how he aspired to be a manager in L&T and retire when he would get Rs 1,000 salary.

21 May 2019 6:32 PM IST