Reliance Industries share price today: RIL up 5% as stock hits 52-week high; market cap crosses Rs 19 lakh crore | India Business News

Reliance Industries share price today: Reliance Industries (RIL), India’s most valued company, saw its shares surge over 5% on Monday, reaching a new 52-week high of Rs 2,826. The company’s market capitalisation also crossed the threshold of Rs 19 lakh crore. At 1:02 PM, shares of Reliance Industries were trading at Rs 2,848.80, up Rs … Read more

Say goodbye to waitlisting! Indian Railways readies plan to purchase new trains worth Rs 1 lakh crore

The Indian Railways is set to acquire new trains worth Rs 1 lakh crore in the coming years to meet the increasing demand for passenger travel, according to Union Railways Minister Ashwini Vaishnaw. The primary objective is to replace the aging rolling stock, which will require around 7,000-8,000 new train sets. Tenders for this will … Read more

Bali: Vistara announces daily non-stop flights between Delhi and Bali

MUMBAI: Vistara, a joint venture of Tata group and Singapore Airlines on Friday announced daily non-stop flights between Delhi and Denpasar, Bali from December 01. Currently no airline flies non-stop from India to the Bali province of Indonesia.The airline, which will operate the route with its A321LR aircraft, announced all-inclusive return fares starting at about … Read more

Delhi-Meerut RRTS: PM Modi to inaugurate India’s first RAPIDX project on October 20; priority section between Duhai-Sahibabad to open

Delhi-Meerut RRTS inauguration: A priority section of RAPIDX, which is India’s first Regional Rapid Transit System (RRTS), is all set to be inaugurated by PM Narendra Modi on October 20. The priority section of RRTS or RAPIDX will be thrown open between Duhai and Sahibabad, covering 17 kilometers. The priority section includes 5 stations; Sahibabad, … Read more

‘Indians now represent over 10% of all US visa applicants worldwide; 20% & 65% for all student & employment categories’

NEW DELHI: In a first for India, the US Embassy here said it has processed over 10 lakh non-immigrant visa applications so far this year. This is almost 20% more than the numbers processed in pre-Covid 2019 and 2022. The embassy says “Indians now represent over 10% of all visa applicants worldwide, including 20% of … Read more

Kerala gets first Orange Vande Bharat Express on Kasaragod-Thiruvananthapuram route; watch video

Kasaragod-Thiruvananthapuram Vande Bharat Express: Kerala is all set to get its second Vande Bharat Express train, and this time it will be orange in color. The first Orange-gray Vande Bharat Express rolled out by ICF Chennai last month will be flagged off by PM Modi on September 24 along with 8 other Vande Bharat services. … Read more

Tesla may source $1.9bn parts this year, nearly 2x of 2022: Goyal

NEW DELHI: Even before it forays into India with its electric cars, American electric vehicle giant Tesla has begun heavy component sourcing from the country. It is expected to ship parts worth $1.7-1.9 billion this year from India.Commerce and industry minister Piyush Goyal said while the company finalises its launch plans for the market, it … Read more

India to be ‘new manufacturing centre’: Foxconn chief

NEW DELHI: A little over a month after meeting Prime Minister Narendra Modi in Gujarat, Hon Hai Technology Group (Foxconn) chairman & CEO Young Liu once again threw his weight behind the production quality of India and said that the country is poised to emerge as the “new manufacturing centre in the world”, with the … Read more

Reserve Bank Of India: Uday Kotak springs a surprise, quits as CEO 4 months before term-end

MUMBAI: Uday Kotak, Asia’s richest banker by virtue of being the founder of Kotak Mahindra Bank, which he led for nearly two decades, on Saturday announced that he was stepping down as its managing director and CEO four months before the end of his term.The high-profile banker’s decision to become a non-executive director came as … Read more

Ambani succession plan picks up pace, children appointed to RIL board

MUMBAI: Reliance Industries, India’s largest company in terms of market value, has appointed chairman and managing director Mukesh Ambani’s three children — Isha, Akash and Anant — to the board, an indication that they will eventually helm the oil-to-telecom conglomerate.Ambani will be chairman for five more years even as his wife, Nita, has stepped down … Read more