Jan 11, 2023, at 04:44 pm
Shanghai: Soon after Chinese business magnate Jack Ma resurfaced in Thailand after making appearances in Japan, Ant Group, in which he had a controlling stake, said its billionaire founder has ceded all voting power.
Sharp, long-lasting slowdown to hit developing countries hard: World Bank
Jan 11, 2023, at 03:11 pm
Washington: Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine, according to the World Bank’s latest Global Economic Prospects report.
India to get first homegrown iPhone maker as Tata Group nears plant takeover: Report
Jan 11, 2023, at 07:22 am
Bengaluru: In a development that could give India its first domestic iPhone maker, Tata Group is close to completing a deal to buy an iPhone plant in southern India from Taiwan’s Winstron Corp, media reports said.
Jan 11, 2023, at 06:28 am
Guwahati/IBNS: Assam Chief Minister Himanta Biswa Sarma Tuesday launched Jio True 5G services in the state at an event held in Guwahati.
Overseas Indians increased inward remittances by 12 pc to $100 billion in 2022: Sitharaman
Jan 11, 2023, at 05:06 am
Indore: Union Finance Minister Nirmala Sitharaman on Tuesday underscored the contribution of the Non-Resident Indians while stating that the inward remittances for the year 2022 increased by 12 percent to about USD 100 billion, said media reports.
Northern Coalfields Limited to Produce M-Sand from Overburden
Jan 11, 2023, at 04:53 am
New Delhi/IBNS: State-run Northern Coalfields Limited (NCL) is all set to produce ‘M-Sand’-the core material used in construction in civil works in its Amlohri Project.
SIP contribution in Dec 2022 rose to Rs 13,573 cr against Nov's Rs 13,306: AMFI
Jan 11, 2023, at 02:46 am
Mumbai/IBNS: The SIP contribution in December 2022 increased to Rs 13,573.08 crores from Rs 13,306.49 crores in November 2022, monthly data released by the Association of Mutual Funds in India (AMFI) shows.
Hitachi Payment Services receives RBI’s in-principle approval for payment aggregator licence
Jan 11, 2023, at 01:00 am
Mumbai/IBNS: The Reserve Bank of India (RBI) has granted in-principle approval to payment solutions provider Hitachi Payment Services to operate as a payment aggregator, the company said Tuesday.
Jammu and Kashmir govt to identify certain products as GI-tagged to help developing economy
Jan 11, 2023, at 12:09 am
Srinagar: The Jammu and Kashmir government has announced that certain important products, which are grown in the UT, will be identified as GI-tagged to help in developing the rural economy.
Bank of India increases Fixed Deposit Rates in special deposit bucket of 444 days
Jan 10, 2023, at 08:32 pm
Kolkata: Bank of India, one of the largest Public Sector Banks in India, has revised interest rates upwards for special term deposit bucket of 444 days with effect from Tuesday for deposits below Rs 2 crores.
Extend support to strikes in Bank Of Maharashtra: AIBEA to State Federations
Jan 10, 2023, at 05:33 pm
Hyderabad/UNI: All India Bank Employees' Association (AIBEA) has appealed to State Federations/Unions to extend All-out Support to the strikes called by the Unions in Bank of Maharashtra (BoM) in January and February.
Manipur to get 21 development projects worth Rs 1,311 crore
Jan 10, 2023, at 03:53 pm
Moirang: Union Home Minister Amit Shah inaugurated and laid foundation stone of 21 development projects worth about Rs 1,311 crore last week at Moirang, Manipur.
Tripura has great potential for MSMEs in food processing industries: Narayan Rane
Jan 10, 2023, at 03:41 pm
New Delhi: Union Minister for MSME Narayan Rane has said Tripura is a land of agrarian products and has great potential for MSMEs in food processing industries.
Tata Motors Group global wholesales at 3,22,556 in Q3FY23
Jan 10, 2023, at 03:22 pm
Mumbai: Automobile major Tata Motors Group global wholesales in Q3FY23, including Jaguar Land Rover, were at 3,22,556 nos., higher by 13%, as compared to Q3FY22.
Extend support to strikes in Bank Of Maharashtra: AIBEA tells State Federations
Jan 10, 2023, at 03:02 pm
Hyderabad: All India Bank Employees' Association (AIBEA) has appealed to State Federations/Unions to extend All-out Support to the strikes called by the Unions in Bank of Maharashtra (BoM) in January and February.
Cable TV Show 2023 Kolkata gears up for three-day mega exhibition
Jan 10, 2023, at 02:58 pm
Kolkata: The 24th CABLE TV SHOW 2023 Kolkata - one of the largest trade shows on digital cable television, broadband and OTT in India and the Saarc region – is set to take off from Jan 11 at Science City, Kolkata, on a much bigger and grander scale with more exhibition space and participants.
TVS Motor Company launches New TVS Metro Plus 110 in Bangladesh
Jan 09, 2023, at 09:32 pm
Dhaka: TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, on Monday announced the launch of its TVS Metro Plus 110 refresh in Bangladesh.
MG Motor India unveils Next-Gen Hector with Autonomous Level 2 (ADAS) Technology
Jan 09, 2023, at 08:36 pm
Gurugram: Automobile major MG Motor India on Monday unveiled the Next-Gen Hector which has a host of exciting new technologies, intuitive features and driving comfort.
Mahindra introduces a new range of the Thar starting at INR 9.99 Lakh
Jan 09, 2023, at 07:01 pm
Mumbai: Mahindra & Mahindra Ltd., pioneers of the SUV segment in India, today introduced an all-new range on the Thar.
Toyota Kirloskar Motor commences bookings for Hilux
Jan 09, 2023, at 05:46 pm
Bangalore: Automobile major Toyota Kirloskar Motor (TKM) on Monday announced the opening of bookings for its iconic lifestyle utility vehicle - The Hilux.
ICICI loan fraud: Chanda Kochhar, her husband to walk free on bail, Bombay HC says arrest is illegal
Jan 09, 2023, at 05:17 pm
Mumbai/IBNS: In a major reprieve for arrested former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar, the Bombay High Court Monday granted bail to the duo holding that their arrest by the CBI in the Videocon loan fraud case was not in accordance with law, media reports said.
Jammu and Kashmir: Rs 42 crore project set to revolutionize mushroom cultivation in UT
Jan 08, 2023, at 11:30 pm
Srinagar: The Jammu and Kashmir government is implementing ‘Promotion of Round the Year Mushroom Cultivation’ (PRYMC) project across the UT which is expected to prosper the lives of farmers.
ADB approves $300 million loan to improve roads, regional trade in Assam
Jan 08, 2023, at 10:54 pm
Manila: The Asian Development Bank (ADB) recently approved a $300 million loan to upgrade more than 300 kilometers of state highways and major district roads in Assam, including six road sections in the state’s western, central, and southern regions.
Manipur: More than 51,000 Kgs of fish sold at Emoinu Fish Festival
Jan 07, 2023, at 11:57 pm
Imphal: The first Emoinu Fish Festival, 2023 organized by the Department of Fishery at Hapta Kangjeibung on the day of Emoinu Festival witnessed the sale of 51,362 Kgs of different species of fish, media reports said.
RBI details auction of India's maiden Sovereign Green Bonds worth Rs 16,000 cr
Jan 07, 2023, at 04:59 am
Mumbai/IBNS: The Reserve Bank of India on Friday notified indicative dates for India's first-ever sales of Sovereign Green Bonds (SGrB) worth Rs 16,000 in two equal tranches on January 25 and February 9 of the current financial year.
India's GDP to grow at 7 pc in FY23: First Advance Estimates of National Income
Jan 07, 2023, at 03:44 am
New Delhi/IBNS: India's GDP is likely to grow at 7 percent in the current financial year 2022-23, according to the first advance estimates released by the government Friday evening.
Video streaming company Vimeo to cut staff by 11 pc due to 'uncertain economic environment'
Jan 07, 2023, at 02:59 am
New York/IBNS: Video hosting company Vimeo will lay off 11 percent of its employees amid “an uncertain economic environment” to invest in our growth priorities and be sustainably profitable, the company’s CEO Anjali Sud said in a blog post.
Airtel 5G Plus now live in 4 cities of Haryana
Jan 06, 2023, at 11:41 pm
Hissar: Telecommunication major Bharti Airtel on Friday announced the launch of its cutting edge 5G services in Hissar and Rohtak.
Celebi India gears up to provide ground services at Manohar International Airport, Goa
Jan 06, 2023, at 05:16 pm
Goa/IBNS: Celebi India commenced ground-handling services in Goa with the opening of Manohar International Airport (MIA) at Mopa.
$1-billion tax imposed on retail giant Walmart for PhonePe relocation to India: Report
Jan 05, 2023, at 05:55 am
New Delhi: The Indian government has imposed a tax of $ 1 billion on Walmart and digital payments company PhonePe for shifting the latter’s base to India from Singapore, Bloomberg reported.