Apr 28, 2023, at 05:39 pm
Kolkata: Public sector major State Bank of India, acting through its London Branch, on Friday priced a 5-year US$750 million bond issuance at a coupon rate of 4.875 %.
India, EFTA leaders meet to boost bilateral trade and economic partnership
Apr 28, 2023, at 05:20 pm
New Delhi: Ministers and high-level representatives from India and the European Free Trade Association (EFTA) States (Iceland, Liechtenstein, Norway, and Switzerland) gathered in New Delhi recently to discuss the prospects of resuming their negotiations towards a Trade and Economic Partnership Agreement (TEPA).
Apr 28, 2023, at 05:10 am
New Delhi/IBNS: Aadhaar holders have carried out nearly 2.31 billion authentication transactions in the month of March 2023, indicative of the growing usage of Aadhaar and the growth of the digital economy in the country, according to the Ministry of Finance.
SCO IBC Council Meeting held in Goa
Apr 28, 2023, at 04:43 am
Goa: India has proposed four areas of cooperation among the SCO members during the XIX Council Meeting of the Shanghai Cooperation Organisation Interbank Consortium (SCO IBC) in Goa on Wednesday.
Apr 28, 2023, at 12:33 am
Berlin (Germany): The Department of Consumer Affairs and the German Federal Ministry for Economic Affairs and Climate Action signed the new Work Plan for 2023 during the 9th Annual Meeting of the Indo-German Working Group on Quality Infrastructure. The plan was signed in Berlin, Germany on 25 April 2023.
Apr 27, 2023, at 11:43 pm
New Delhi/IBNS: Union Minister Smriti Irani opened a Mahila Samman Savings Certificate (MSSC) account by visiting Sansad Marg Head Post Office Wednesday afternoon.
India jumps 6 places to Rank 38 in World Bank’s Logistics Performance Index 2023
Apr 27, 2023, at 11:40 pm
New Delhi/IBNS: India has jumped 6 places to rank 38 out of 139 countries in the 7th edition of Logistics Performance Index (LPI 2023) of the World Bank.
Apr 27, 2023, at 10:23 pm
New Delhi/IBNS: The representatives of European Free Trade Association (EFTA) States, comprising Iceland, Liechtenstein, Norway, and Switzerland met with Commerce and Industry Minister Piyush Goyal on Wednesday in New Delhi to discuss the prospects of resuming their negotiations towards a Trade and Economic Partnership Agreement (TEPA).
Apr 27, 2023, at 09:57 pm
New Delhi/IBNS: A Union Cabinet meeting chaired by Prime Minister Narendra Modi approved the National Medical Devices Policy, 2023 Wednesday with the aim to bolster India as the global leader in the manufacturing and innovation of medical devices by achieving a 10-12% share in the expanding global market over the next 25 years, the government said in a statement.
Bajaj Allianz Life to disburse Rs 1,201 cr as bonus for FY23 to participating policyholders
Apr 27, 2023, at 05:42 am
Bajaj Allianz Life has declared a bonus of Rs 1,201 crores for its participating policyholders, which includes a regular reversionary bonus of Rs. 872 crores and a Terminal & Cash bonus of Rs. 329 crores.
Reliance General Insurance to accept Central Bank Digital Currency through YES Bank
Apr 27, 2023, at 05:19 am
Mumbai: Reliance General Insurance has tied up with YES Bank to facilitate the collection of premiums in the digital mode using the bank’s e₹ platform, the company said in a statement.
NSE revises methodology of Nifty equity indices for demergers
Apr 27, 2023, at 05:11 am
Mumbai: NSE Indices, a subsidiary of NSE, has announced the revisions in the treatment of demerger in Nifty equity indices.
Uber expands ‘Reserve’ rides to six more cities in India, adds cash payment option
Apr 27, 2023, at 03:08 am
New Delhi: Ride-hailing app Uber today announced the expansion of ‘Reserve’ across six more cities in India, providing riders across the option to pre-book their rides 30 minutes to 90 days ahead of their travel, the company said in a statement.
ISDS empowers Manjeet Kumar: A success story for progressive farmers in JK
Apr 26, 2023, at 05:57 am
Trindi/J&K: Manjeet Kumar, a livestock farmer from Trindi village in Samba District, J&K started his journey as a successful entrepreneur by implementing the Integrated Sheep Development Scheme (ISDS) in Jammu and Kashmir, which helped him make progress as a progressive farmer.
J&K Bank receives award for exceptional contribution to PM Awas Yojana
Apr 26, 2023, at 04:53 am
Srinagar/IBNS: J&K Bank was presented with an award by Housing and Urban Development Corporation Ltd (HUDCO) for its remarkable efforts in the housing sector of the country.
SBI inaugurates its fourth Startup Branch in Mumbai
Apr 25, 2023, at 11:36 pm
Mumbai/IBNS: India's largest lender State Bank of India inaugurated its fourth startup branch in Mumbai to provide all the necessary banking services to startups under one roof.
Apr 25, 2023, at 11:30 pm
Indian hyperlocal search engine Justdial signed a strategic partnership with Maharashtra Small Scale Industries Development Corporation Limited (MSSIDC) under the aegis of the Maharashtra government.
BSL Ltd commissions Rs 150 crore cotton spinning unit in Rajasthan's Bhilwara
Apr 25, 2023, at 03:17 am
Kolkata: Textile manufacturer BSL Ltd has recently launched its first Cotton Spinning Unit in Rajasthan's Bhilwara at an investment of Rs 150 crore.
Biswa Bangla to launch its first export venture in UK, collaborates with Heritage Bengal Global
Apr 22, 2023, at 03:56 am
Biswa Bangla, the flagship brand of Bengal under the aegis of the MSME &T (Micro, Small, and Medium Enterprises & Textiles) department of the West Bengal government has joined hands with Heritage Bengal Global (HBG), a non-profit organization run by the Bengali diaspora in the UK, to launch its first export venture nearly a decade after it was first launched.
IIFL Finance repays $400 million Maiden Dollar Bonds issue on maturity
Apr 22, 2023, at 03:47 am
Mumbai: Fairfax-backed Mumbai-based non-banking financial company (NBFC) IIFL Finance has fully repaid its maiden dollar bonds issue due April 2023 along with interest upon maturity, a press release said.
Power Finance Corp approves Rs 633 cr loan for 5000 passenger EVs and 1000 cargo EVs
Apr 21, 2023, at 11:20 pm
New Delhi/IBNS: Power Finance Corporation Ltd (PFC) has sanctioned a loan of Rs 633 crores to Gensol Engineering Ltd (GEL) for the purchase of 5000 passenger Electric Vehicles (EVs) and 1000 cargo EVs.
'#mPower Business Women Meet' hosted by U.S. Consulate Kolkata and Contact Base held in Guwahati
Apr 21, 2023, at 04:40 am
Guwahati/IBNS: The "mPowerBusinessWomen Meet" was held on April 17 at Assam Startup- the nest in Guwahati, in partnership with Assam Startup- IIM CIP.
Schneider Electric to set up new manufacturing facility in Kolkata at investment of Rs 140 cr
Apr 21, 2023, at 02:10 am
Kolkata/IBNS: Schneider Electric’s new factory is all set to come up in Kolkata’s Prospace Industrial Park Pvt Ltd at an investment of Rs 140 crore.
Consumption-led lending continues to catalyse credit market growth
Apr 21, 2023, at 01:13 am
Mumbai: Backed by consumption-led lending, growth momentum remains high in India’s credit market, according to the latest TransUnion CIBIL Credit Market Indicator (CMI) report.
CEO Tim Cook officially opens India's 2nd Apple store in Delhi's Saket amid cheers and applause
Apr 21, 2023, at 12:20 am
New Delhi/IBNS: Apple CEO Tim Cook welcomed customers to India's second Apple retail store in New Delhi’s Saket.
Musk calls for Lawsuit against Microsoft for illegally using Twitter data for AI training
Apr 20, 2023, at 10:10 pm
San Francisco: Twitter CEO Elon Musk said on Wednesday that Microsoft corporation illegally trained its artificial intelligence (AI) algorithm with Twitter user data, which calls for legal action.
India and Bangladesh agree on trade transactions in own currencies
Apr 20, 2023, at 08:33 pm
Dhaka/IBNS: To ease cross-country transactions and pressure on dollar holdings, India and Bangladesh have agreed to settle a part of bilateral trade transactions in their own currencies- rupee and taka respectively, according to a Bangladesh media report.
Demand for tech skills like ERP, Java full stack, data analytics rising: Report
Apr 20, 2023, at 04:46 am
Bengaluru: The demand for specific technology skills is consistently rising even across non-tech industries. ERP, Java Full Stack, Data Analytics, Cloud, and Infra Management have emerged as the top skills in demand, according to a report.
Apr 20, 2023, at 03:41 am
Gandhinagar: IndusInd Bank on Wednesday said that its GIFT City IBU branch has entered into a $100 million long-term loan agreement with the Japan Bank for International Cooperation (JBIC).
Mankind Pharma IPO to open on Apr 25
Apr 20, 2023, at 01:11 am
Mumbai/IBNS: Mankind Pharma Ltd will launch its initial public offering (IPO) of 40,058,844 equity shares on Tuesday, April 25, 2023, the company said on Wednesday.