Business Economy


Adani Dhamra Port flags off first-ever steel slab rake

Bhubaneswar, Aug 8 (UNI) Adani Dhamra Port successfully completed the unloading of steel slabs from the vessel M.V. HTK Neptune, and swiftly loaded over 2,900 metric tonnes (133 slabs) onto 45 BFNS wagons -- setting a new benchmark, said port officials today.
The vessel brought in 35,000 metric tonnes of high-quality steel slabs, marking the port’s first-ever steel slab import. The cargo, belonging to Jindal Stainless Limited, is en route to the company’s Kalinganagar plant.To commemorate this milestone, a ceremonial event was held at the port, where Basuki Nath, Head – HR & IR, flagged off the steel slab-loaded train.
Senior port officials including Chinmay Dash, Head – Rail Operations, and Bibhudatta Ray, Head – Cargo Operations, along with other key leaders, were present to witness the historic occasion.
The port authority extended heartfelt thanks to its dedicated workforce, stakeholders, and partners, whose collaborative efforts made this success possible.
This accomplishment underscores Dhamra Port’s growing capabilities in diversified cargo handling and its vital role in strengthening India’s industrial logistics network, they added.
UNI XC RN
More News

BOI hikes FD interest rates for 1–3 year deposits

18 May 2026 | 4:35 PM

New Delhi, May 18 (UNI) Bank of India (BOI), India’s leading public sector bank, has increased interest rates on medium and long-term fixed deposits of less than Rs 3 crore for tenures ranging from 1 to 3 years, effective from today, a BOI statement said here on Monday.

see more..

Need for generating awareness and integration of schemes in handloom and handicraft sector: Report

18 May 2026 | 4:25 PM

Sourav Shekhar
New Delhi, May 18 (UNI) There is an apparent need for generating awareness and integration of various schemes in the handloom and handicraft (HH) sector, initiated by different ministries such as MSME, textiles, and culture, said a joint report of the Institute for Human Development (IHD) and Crafts Council of India (CCI) released here on Monday.

see more..

Maruti Suzuki begins commercial production at 2nd plant in Haryana

18 May 2026 | 3:45 PM

Chennai, May 18 (UNI) Leading car makers Maruti Suzuki India Limited (‘Maruti Suzuki’) on Monday announced the commencement of commercial production at the second plant of its Kharkhoda manufacturing facility in Haryana.

see more..

TVS Venu to take stake in Jana Small Finance Bank

18 May 2026 | 3:42 PM

Chennai, May 18 (UNI) TVS Venu, a leading player in India's financial services sector though nBCF TVS Credit Services, has agreed to acquire a minority stake in Jana Small Finance Bank Limited (JSFB) through a combination of primary issuance of warrants and a secondary purchase for an equity ownership of up to 9.9% on a fully diluted basis, which includes 4.9% to be owned by TVS Motor Company, subject to all applicable approvals.

see more..

Celonis places India alongside North America in global growth strategy

18 May 2026 | 3:40 PM

Bengaluru, May 18 (UNI ) In a significant endorsement of India's growing dominance in the global artificial intelligence economy, global process intelligence giant Celonis has elevated India to a standalone strategic market on par with North America, Europe and Asia-Pacific, describing the country as the emerging "global powerhouse" for Enterprise AI.

see more..