India's forex reserves shrink to $561.58 billion
Jan 14, 2023, at 06:07 am
Mumbai: India’s forex reserves dropped by $1.268 billion to $561.583 billion for the week ended January 6, the Reserve Bank of India said Friday.
Govt sets up target for use of green hydrogen
Jan 14, 2023, at 05:55 am
New Delhi: The Centre has set a target for use of hydrogen as a fuel for certain industries as a step towards achieving its clean energy target by 2070, Reuters reported.
Elon Musk's Tesla cuts prices for several models amid sales drop and tumbling stock prices
Jan 14, 2023, at 05:21 am
Elon Musk’s Tesla announced dramatic cuts in the prices of its electronic cars amid a reduction in sales and tumbling share prices, media reported.
18 lakh people benefitted from water discharged from coal mines
Jan 14, 2023, at 05:18 am
New Delhi/IBNS: Approximately 18 lakh people living in about 900 villages in the proximity of coal mining areas are being benefitted by water discharged from the operational as well as abandoned coal mines, the Coal Ministry said.
Senior executives resign from NDTV after Adani takeover: Report
Jan 14, 2023, at 05:13 am
Mumbai: New Delhi Television (NDTV) said Friday that some more of its senior executives have resigned, Reuters reported.
NCLT allows Jet Airways ownership transfer to Jalan Kalrock Consortium: Report
Jan 14, 2023, at 03:27 am
New Delhi: The National Company Law Tribunal (NCLT) has given nod to transfer the ownership of grounded Jet Airways to the Jalan Kalrock Consortium (JKC), which had won the bid to revive the carrier in 2021, media reported.
Ola lays off 200 employees across businesses in restructuring exercise: Reports
Jan 14, 2023, at 02:35 am
Bengaluru/IBNS: Soft Bank-backed ride-hailing and EV manufacturing company Ola has laid off around 200 employees, media reported.
Jan 13, 2023, at 11:34 pm
Shillong: Digital India Startup Hub through the Software Technology Parks of India shall set up India’s first Centre of Excellence in Online Gaming at Shillong by March 2023, said The Minister of State for Electronics & Information Technology and Skill Development & Entrepreneurship, Rajeev Chandrasekhar.
Wipro's net profit moves up 2.8 pc to Rs 3,053 cr
Jan 13, 2023, at 11:27 pm
Bengaluru: Wipro's net profit in December quarter rose 2.8 per cent annually to Rs 3,053 crore from Rs 2,969 crore in the same quarter last year.
Airtel 5G Plus now live in 4 cities of Bihar
Jan 13, 2023, at 09:37 pm
Bhagalpur: Telecommunication service provider Bharti Airtel on Friday announced the launch of its 5G services in Muzaffarpur, Bodh Gaya and Bhagalpur. Airtel’s 5G services are already live in Patna.
Larsen and Toubro and H2Carrier AS sign MoU
Jan 13, 2023, at 08:50 pm
Mumbai: Larsen & Toubro, an Indian multi-national engaged in EPC Projects, Hi-Tech Manufacturing, and Services, announced on Friday the signing of a Memorandum of Understanding (MoU) with the Norway-based H2Carrier (H2C) to co-operate towards developing floating green ammonia projects for industrial-scale applications with an aim to decarbonise the global economy.
Airtel 5G Plus now live in 2 Jharkhand cities
Jan 13, 2023, at 08:23 pm
Ranchi/UNI: Bharti Airtel (Airtel), India’s leading telecommunications services provider, on Friday announced the launch of its cutting edge 5G services in Ranchi and Jamshedpur.
Jan 13, 2023, at 04:30 pm
Mumbai/UNI: The BSE Sensex remained negative on Friday too, as the BSE sensex tumbled down 264.28 points at 59,693.75 in opening trade as selling was seen in Realty, Technology, Bankex and Capital Goods stocks.
Jan 13, 2023, at 04:25 pm
Mumbai/UNI: The Rupee on Friday gained 16 paise at 81.38 in the opening trade against the US Dollar on selling of US Dollars by bankers and exporters, dealers at Foreign Exchange said.
Jan 13, 2023, at 03:30 pm
New Delhi/Washington DC: Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Thursday said the India US Trade Policy Forum has resulted into a smoother, friendly and trusted business environment for businesses from both sides to expand their trade and investment.
ESOPDhan to ease owning stock by high growth startup employees
Jan 12, 2023, at 10:51 pm
Mumbai: ESOPDhan, a newly founded financial services firm, which seeks to ease the acquisition of stock options by employees of high-growth SaaS start-ups, is all set to unveil its lending offerings.
Jan 12, 2023, at 07:22 pm
New Delhi/IBNS: Credit ratings agency ICRA anticipates that the Indian government will peg its fiscal deficit in the FY24 Budget estimates at 5.8% of the GDP, a healthy moderation from the 6.4% of GDP projected for FY2023.
Jan 12, 2023, at 03:50 pm
Mumbai/UNI: The BSE Sensex on Thursday slightly improved 25 points at 60,130.71 in opening trade as buying was seen in Commodities, Consumer Discretionary Goods and services and Industrials stocks.
Adani Group to invest Rs 60,000 cr in Madhya Pradesh
Jan 12, 2023, at 07:06 am
Indore (MP): Adani Group will invest over Rs 60,000 crore across several sectors in Madhya Pradesh which would result in thousands of jobs, said Pranav Adani, director at Adani Enterprises on Wednesday.
Maharashtra: Bombay HC allows Johnson & Johnson to manufacture, sell baby powder
Jan 12, 2023, at 06:32 am
Mumbai: The Bombay High Court on Wednesday allowed Johnson & Johnson to manufacture, distribute and sell its baby powder products, quashing the Maharashtra government’s order cancelling its licence and halting the production and sale of the item, according to a report in the media.
Jan 12, 2023, at 05:38 am
Kolkata: NASSCOM, the premier trade body of IT and ITeS sector, on Wednesday announced its Bengal Entrepreneurs’ Summit on Technology carnival will take place on Jan 19 in Kolkata where more than 400 companies will partcipate.
Jan 12, 2023, at 05:23 am
New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Wednesday rejected Google’s appeal to stay the second Competition Commission of India (CCI) order slapping a penalty of Rs 936.44 crore on the US-based tech giant company for abusing its dominant position through its Playstore policies, media reports said.
Govt extends the term of SBI MD Challa Sreenivasulu Setty by 2 yrs
Jan 12, 2023, at 05:06 am
Mumbai/IBNS: The government has extended the tenure of State Bank of India (SBI) Managing Director Challa Sreenivasulu Setty for two more years with effect from January 20.
NPCI allows NRIs from 10 nations without Indian phone nos. to use UPI facility
Jan 12, 2023, at 04:44 am
New Delhi/IBNS: Non Resident Indians (NRIs) from 10 countries, who hold NRE or NRO accounts, will be able to use Unified Payments Interface (UPI) platforms with their international mobile numbers.
Direct Tax collections grow 24.58 pc y-o-y to Rs 14.71 lakh crore
Jan 12, 2023, at 04:37 am
New Delhi/IBNS: Direct Tax collections up to January 10, 2023, stood at Rs. 14.71 lakh crore, up 24.58% compared to gross collections for the corresponding period of last year, the Ministry of Finance said on Wednesday.
'55’’ TV sales up by 135%, refrigerators demand doubled up': Croma 2022 report
Jan 12, 2023, at 03:00 am
New Delhi/IBNS: Croma, Tata Group’s omnichannel electronics retailer, announced Unboxed 2022 – a collection of unique insights on croma.com from 2022—reflecting a fast-changing lifestyle and rapidly evolving tastes and preferences across the consumer spectrum.
Jan 12, 2023, at 02:20 am
New Delhi/IBNS: The Executive Committee (EC) meeting of the National Mineral Exploration Trust (NMET) under the ministry of mines approved projects of mineral exploration and enhancing institutional capabilities in exploration worth Rs 154.84 crores.
Cabinet approves incentives for RuPay Debit Cards and low-value BHIM-UPI transactions (P2M)
Jan 12, 2023, at 01:35 am
New Delhi/IBNS: The Union Cabinet Wednesday approved the incentive scheme for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (person-to-merchant) for a period of one year from April 2022.
Maruti Suzuki unveils Concept Electric SUV “eVX”
Jan 12, 2023, at 12:01 am
New Delhi: Building on its commitment towards sustainable motoring, Maruti Suzuki India Limited on Wednesday showcased the Concept Electric SUV eVX at Auto Expo 2023.
Jan 11, 2023, at 05:35 pm
Mumbai/UNI: The Rupee on Wednesday rose marginally by three paise at 81.75 in the opening trade against the US Dollar on selling of US Dollars by bankers and exporters, dealers at Foreign Exchange said.