MeitY Startup Hub and Meta shortlist 120 Startups and Innovators for the XR Startup Program
Jan 28, 2023, at 05:42 am
New Delhi/IBNS: MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics & Information Technology (MeitY), and Meta, the owner of firms like Facebook and WhatsApp, together released the list of 120 startups and innovators for the XR Startup Program, in Delhi on Friday.
Aadhaar e-KYC transactions jump 18.53% to 84.8 cr in Q3 of FY 2022-23
Jan 28, 2023, at 05:32 am
New Delhi/IBNS: Over 84.8 crore e-KYC transactions were executed using Aadhaar in the October-December quarter (Q3) of FY 2022-23, a growth of 18.53% over the Q2 (July-Sept) of the current financial year.
After Hindenburg Research's negative report, Gautam Adani slips 4 positions on Forbes rich list
Jan 28, 2023, at 04:26 am
Mumbai: Amid a drop in the stock prices of the companies in Adani Group, its chairman Gautam Adani slipped from 3rd to 7th position on the list of the world’s richest people, as per Forbes Realtime Billionaires.
Hindenburg Research’s report impact: Adani Enterprises FPO receives muted response on day 1
Jan 28, 2023, at 03:48 am
Mumbai/IBNS: Adani Enterprises Ltd's follow-on public offer (FPO) received a bleak response across investor categories as the total issue was subscribed just 1% on Friday, data on the BSE website showed.
Maruti Suzuki to use biogas from cow dung in its carbon-neutral cars
Jan 28, 2023, at 02:34 am
Gurugram: Car manufacturer Maruti Suzuki is exploring a unique way of dealing with carbon emissions through an ambitious project in which cow dung will be used to produce biogas for usage in its carbon-neutral internal combustion engine vehicles like CNG, biogas, and ethanol, media reports said.
Indian Rupee moves up by 7 paise against USD
Jan 27, 2023, at 10:51 pm
Mumbai: The Rupee on Friday gained seven paise to close at 81.52 on selling of US Dollar by bankers and importers, dealers at the Foreign Exchange said.
Toyota Kirloskar Motor commences bookings for New Innova Crysta
Jan 27, 2023, at 09:51 pm
Bengaluru: Toyota Kirloskar Motor (TKM) on Friday announced opening of bookings for its New Innova Crysta.
Jan 27, 2023, at 04:45 pm
Mumbai/UNI: The BSE Sensex on Friday dropped 507.26 points below 60,000 at 59,697.80 in opening trade on weak global peers.
Rupee slips 7 paise against USD
Jan 27, 2023, at 04:24 pm
Mumbai/UNI: The Rupee on Friday slipped 7 paise at 81.65 in the opening trade against the US Dollar on rising demand for US Dollars by bankers and importers, dealers at Foreign Exchange said.
Adani Group to sue USA's Hindenburg Research for 'malafide, mischievous' report
Jan 27, 2023, at 12:59 am
Mumbai/IBNS: The Adani Group is planning to take US-based investment research firm Hindenburg Research to court for a "malafide and mischievous" report published before the Indian firm’s Rs 20,000 crore follow-on public offer (FPO) pulled down Adani Group stocks by up to 10% on Wednesday.
German software giant SAP to lay off 3,000 workers
Jan 26, 2023, at 10:54 pm
Berlin: German software major SAP on Thursday said it is looking to terminate 3,000 jobs this year, at a time when global big tech companies are resorting to mass layoffs to cut costs citing weak growth and grim economic outlook, media reports said.
Adani Group says Hindenburg Research's negative report timed to damage Adani Enterprises FPO
Jan 26, 2023, at 06:14 am
Adani Group has slammed the negative report by American short-seller Hindenburg Research, alleging that it was timed with a mala fide intention to damage Adani Enterprises FPO.
Adani Enterprises raises Rs 6,000 cr from anchor investors ahead of FPO: Report
Jan 26, 2023, at 04:40 am
Mumbai: The follow-on share sale floated by Gautam Adani’s flagship, Adani Enterprises, generated considerable interest with major investors showing bidding to buy stock, media reports said.
Mukesh Ambani to buy stake in US businessman Josh Kushner's Thrive Capital: Report
Jan 26, 2023, at 02:11 am
Reliance Industries Ltd (RIL) chairman Mukesh Ambani is joining a group of global billionaires to buy a stake in Thrive Capital, the venture-capital firm founded by Josh Kushner, Bloomberg reported.
Dr Reddy’s Q3 net profit up 77 pc at Rs 1,247 cr
Jan 25, 2023, at 11:39 pm
Hyderabad: Generic Drug maker, Dr Reddy’s Laboratories’ on Wednesday reported a 77 per cent increase in consolidated net profit to Rs 1,247 crore in the third quarter ended December 2022 as against Rs 706 crore in the corresponding quarter in the previous year.
Olectra Greentech standalone net profit up 136 pc to Rs 42.9 cr
Jan 25, 2023, at 11:17 pm
Hyderabad: Olectra Greentech Limited, an arm of the MEIL group, on Wednesday reported a 136 per cent increase in standalone net profit to Rs 42.9 crore for the nine months period ending December 2022 as against Rs 18.2 crore in the corresponding period in December 2021.
Indian Market: Sensex crashes 773.69 pts
Jan 25, 2023, at 10:55 pm
Mumbai: The BSE Sensex on Wednesday crashed 773.69 pts to settle at 60,205.06 on weak global cues.
HDFC Bank opens first branch in Kanyakumari town
Jan 25, 2023, at 10:00 pm
Kanyakumari: HDFC Bank on Wednesday announced that it has opened its first branch in Kanyakumari town. Located in Cape Road, this is the bank's southern-most branch in the country and reinforces its commitment to offer services across the country.
G20-Startup20 engagement group set to meet in Hyderabad
Jan 25, 2023, at 09:21 pm
New Delhi/Hyderabad: The G20 Startup20 Engagement Group will hold its inception meeting in Hyderabad this week, featuring delegates from G20 nations and nine special invitees from observer countries, representatives from multilateral organizations as well as the Indian startup ecosystem.
Kolkata: PepsiCo Foundation, CARE expand ‘She Feeds the World’ programme in India
Jan 25, 2023, at 06:20 am
Kolkata: The PepsiCo Foundation, the philanthropic arm of PepsiCo and CARE, a not-for-profit organization dedicated to empowerment for marginalized women and girls, on Tuesday expanded their agriculture-focused ‘She Feeds the World’ programme in India.
Fincare Small Finance Bank opens first branch in Kolkata, promises to add two more branches soon
Jan 25, 2023, at 05:22 am
Kolkata: Private sector lender Fincare Small Finance Bank on Tuesday entered East India by opening its first branch in Kolkata.
Walmart Foundation to invest over USD 3.5 million in West Bengal, Madhya Pradesh
Jan 25, 2023, at 12:14 am
New Delhi/Kolkata: Walmart Foundation on Tuesday announced three new grants in the states of Madhya Pradesh and West Bengal with the aim to empower smallholder farmers through the Farmer Producer Organisation (FPO) framework.
Jammu and Kashmir: Govt launches Rs 879-crore food processing project
Jan 24, 2023, at 11:02 pm
Srinagar: The Jammu and Kashmir government is aiming to revolutionise the food-processing sector and transform the lives of farmers in the Union Territory by launching an ambitious project.
Indian Rupee moves down 33 paise against USD
Jan 24, 2023, at 10:35 pm
Mumbai: The Rupee on Tuesday tumbled down 33 paise to close at 81.72 on rising demand for US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Indian Market: Sensex rises 37.08 pts
Jan 24, 2023, at 10:08 pm
Mumbai: The BSE Sensex on Tuesday rose marginally by 37.08 pts to settle at 60,978.75 on the strength of Auto, Consumer Durable, Technology and IT stocks.
Airtel 5G Plus now live in 5 cities of Tamil Nadu
Jan 24, 2023, at 09:13 pm
Coimbatore: Indian telecommunication major Bharti Airtel on Tuesday announced the launch of its cutting edge 5G services in Coimbatore, Madurai, Hosur, Trichy.
Airtel 5G Plus now live in Tamil Nadu cities
Jan 24, 2023, at 05:56 pm
Chennai/UNI: Bharti Airtel (Airtel), India’s leading telecommunications services provider, on Tuesday announced the launch of its cutting edge 5G services in Coimbatore, Madurai, Hosur, Trichy. Airtel’s 5G services are already live in Chennai.
Ford planning to slash 3,200 jobs at German factory: Reports
Jan 24, 2023, at 02:57 pm
Berlin: US automaker Ford will cut 3,200 jobs at its factory in the German city of Cologne, German media reported.
Spotify to reduce 6 pct of global workforce
Jan 24, 2023, at 02:13 pm
San Francisco: Music streaming service company Spotify announced on Monday that it will lay off about 6 percent of its global workforce, impacting some 600 employees.
Amazon launches air cargo service Amazon Air in India
Jan 24, 2023, at 06:05 am
New Delhi/UNI: E-commerce giant Amazon India on Monday announced the launch of Amazon Air in India to enhance its transportation network and enable faster deliveries to customers.