IndiaTV Business: Google News Feed/IndiaTV: Business RSS FeedIn the first collaboration between rival billionaires, Mukesh Ambani's Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh power project of Gautam Adani, and signed a pact to use the plants' 500 MW of electricity for captive use.]]>Thu, 28 Mar 2024 22:01:21 +0530Noida International Airport (NIA) awarded a contract to HMSHost India for building and operating restaurants, cafes, and other food outlets at the Jewar airport. This is the second F&B contract awarded by Noida International Airport (NIA).]]>Thu, 28 Mar 2024 20:37:18 +0530Filed Income Tax return but getting a mismatch notice regarding information provided to the tax department? Don't worry as these are common scenarios which can be resolved through the compliance portal online.]]>Thu, 28 Mar 2024 20:13:16 +0530Stock markets: Equity benchmark indices climbed in early trade on Thursday amid positive global cues. The 30-share BSE Sensex advanced 342.48 points to 73,338.79 in early trade, extending its previous day's gain. The Nifty climbed 96.25 points to 22,219.90. ]]>Thu, 28 Mar 2024 09:57:52 +0530Business news: Adani Green Energy Ltd (AGEL) on Tuesday announced its sponsorship of the UK Science Museum's 'Energy Revolution' gallery, today (March 26), in a landmark partnership that underscores the global shift towards renewable energy. At the inauguration ceremony, Gautam Adani, Chairman of the Adani Group in his address highlighted the relevance of renewable energy and the imperative of sustainable development.]]>Tue, 26 Mar 2024 12:26:35 +0530Mumbai has become the billionaire capital of Asia for the first time, overtaking the Chinese metropolis Beijing. More billionaires now live in the 603 square kilometers city of Mumbai as compared to than 16,000 square kilometers of Beijing. According to Hurun Research's 2024 Global Rich List, while China has 814 billionaires compared to India's 271, Mumbai has 92 billionaires as against 91 in Beijing. According to news report, Mumbai now ranks third in the world in terms of billionaires after New York, which has regained its top position after seven years with 119 billionaires, followed by London with 97 billionaires.]]>Tue, 26 Mar 2024 12:21:20 +0530Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, on Tuesday, announced that it has entered into a definitive agreement to purchase the 56 per cent stake of the SP Group and 39 per cent of Orissa Stevedores Limited (OSL) in Gopalpur Port Limited (GPL). The acquisition is made at an enterprise value of Rs 3,080 crore, and the transaction is subject to statutory approvals and fulfilment of other conditions precedents.]]>Tue, 26 Mar 2024 11:02:41 +0530IIFL Finance Ltd and JM Financial Products Ltd (JMFPL) will undergo a special audit to further probe their regulatory breaches, as the Reserve Bank has initiated the process for the appointment of auditors. The Reserve Bank has floated two separate tenders for the appointment of auditors for special audits of these two non-banking finance companies.]]>Sun, 24 Mar 2024 17:33:27 +0530Business news: India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.49 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI). During the week, the foreign exchange kitty rose by USD 6.396 billion. Before March 8 week, the reserves rose by USD 10.470 billion to USD 636.095 billion.]]>Sat, 23 Mar 2024 08:50:55 +0530The Directorate General of Civil Aviation (DGCA) on Friday imposed a fine of Rs 80 lakh on Air India Limited. The fine has been imposed for violation of regulations pertaining to Flight Duty Time Limitations (FDTL) and fatigue management system (FMS) of flight crew.]]>Fri, 22 Mar 2024 17:34:26 +0530