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Aug 27, 2022, at 06:04 pm
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Worsening economy: Jobless Chinese man turns to car boot sales
Aug 27, 2022, at 05:58 am
Beijing: A Chinese man has been forced to invest his life savings of 80,000 yuan (USD 11,785) into selling coffee from the back of his green Suzuki microvan in Beijing, highlighting the tough financial condition in which China is slowly slipping in.
AAI signs MoU with Sweden to facilitate smart, sustainable aviation tech collab
Aug 27, 2022, at 05:38 am
New Delhi: Airports Authority of India (AAI) and LFV Air Navigation Services of Sweden (LUFTFARTSVERKET) signed a Memorandum of Understanding (MoU) today at the Corporate Headquarters of AAI in New Delhi, the Ministry of Civil Aviation said.
KKR set to invest $400 million in Hero Future Energies: Report
Aug 27, 2022, at 05:00 am
New Delhi: KKR and co., a leading US private equity manager, said Friday that it is looking to invest $400 million in Hero Group’s renewables energy company Hero Future Energies (HFE), ET reported.
Aug 27, 2022, at 12:06 am
Kolkata: The 19th International Foodtech Kolkata 2022 exhibition was formally inaugurated by West Bengal Food Processing Industries Minister Subrata Saha at the Biswa Bangla Milan Mela Prangan on Friday with an assurance to grant subsidies to local projects.
Edelweiss Asset Management launches ‘Gold and Silver ETF Fund of Fund’
Aug 26, 2022, at 10:06 pm
Kolkata: Edelweiss Asset Management Limited launched a new scheme -- ‘Edelweiss Gold and Silver ETF Fund of Fund’. The fund will be open for subscription between August 24th to September 7, 2022.
Delhivery to create over 75,000 seasonal jobs pan-India over next 6 weeks
Aug 26, 2022, at 09:57 pm
Gurugram: Logistics provider Delhivery plans to create over 75000 seasonal jobs pan-India, over the next six weeks to cater to the significantly higher volumes during the festive season with both its parcel and express part-truckload businesses, the company said Friday.
FIS to launch a Central Bank Digital Currencies (CBDCs) Virtual Lab in India and other nations
Aug 26, 2022, at 09:28 pm
Kolkata: American fintech company FIS (NYSE: FIS) has launched its new central infrastructure payment solution, RealNet Central, to help central banks transform their markets into digital-first, real-time payment economies.
Adani-NDTV tussle intensifies over stake acquisition
Aug 26, 2022, at 09:20 pm
New Delhi/UNI: Adani Group on Friday asserted that no prior approval was needed from market regulator SEBI to acquire 29 percent stake in NDTV as stated by the media company founded and promoted by Prannoy Roy and Radhika Roy.
Hero Electric set to partner with Jio-bp for 2-wheeler EV adoption
Aug 26, 2022, at 08:53 pm
Mumbai / New Delhi: Hero Electric is set to partner with Jio-bp to strengthen mobility solutions for electric two-wheelers, according to a joint press release by the companies, who described it as "a development that is expected to boost electric vehicle (EV) adoption and mobility in India".
Gautam Adani needs SEBI go-ahead to buy stake in NDTV, says media firm
Aug 25, 2022, at 04:56 pm
New Delhi/UNI: A day after NDTV claimed that Adani Group firms had not taken its consent before moving to buy little more than 29 percent stake in the company, the news broadcaster Thursday said that its promoters Prannoy Roy and Radhika Roy are barred from buying or selling of shares or being associated with securities market.
Andhra Pradesh CM announces sops to bolster granite industry
Aug 25, 2022, at 01:12 am
Ongole (Andhra Pradesh)/IBNS: Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy announced sops to the granite industry, including implementation of the slab system in a bid to buoy it up.
Israel, US sign cyber-financial agreement, cement economic cooperation
Aug 25, 2022, at 01:03 am
Jerusalem/UNI: Israel and the United States signed the first agreement for cyber-financial cooperation, the Israeli Ministry of Finance said in a statement.
ICICI Bank inaugurates a state-of-the-art phone banking centre in Bhubaneswar
Aug 24, 2022, at 11:41 pm
Bhubaneswar: ICICI Bank on Wednesday announced the launch of a state-of-the-art phone banking centre in Bhubaneswar.
BOB Financial launches co-branded RuPay Contactless Credit Card with the Indian Army
Aug 24, 2022, at 11:15 pm
Kolkata: BOB Financial Solutions Limited (BFSL), a wholly owned subsidiary of Bank of Baroda (BoB) and the Indian Army have launched a co-branded RuPay credit card for the Indian Army personnel, in partnership with National Payments Corporation of India (NPCI).
Arvind SmartSpaces inks agreement with HDFC CapitalAdvisors
Aug 24, 2022, at 09:48 pm
Ahmedabad: Leading real estate developer Arvind Smart Spaces Ltd (BSE: 539301 NSE: ARVSMART,ISIN: INE034S01021, ASL), part of the Lalbhai Group, said it has signed an agreement with HDFC Capital Affordable Real Estate Fund – 3 (HCARE – 3) for the creation of residential development platform with a revenue potential of upto Rs 5000 crore, the company said Wednesday.
Bandhan Bank launches 'Neo plus Digital Savings' account on 7th anniversary
Aug 24, 2022, at 08:11 pm
Kolkata/IBNS: Kolkata-based Bandhan Bank Tuesday launched 'Neo+ Digital Savings' account on the occasion of its seventh anniversary.
Meesho logs more than 102 million downloads in Q4FY2022
Aug 24, 2022, at 02:07 pm
Kolkata: Internet commerce company Meesho on Tuesday said it recently logged over 102 million downloads in Q4FY2022, which is up by 5x year on year.
Govt to raise funds from capital market for 4 road projects
Aug 24, 2022, at 07:11 am
New Delhi: A new model will be formulated for small investors to invest in infrastructure, Union minister for road transport Nitin Gadkari Tuesday said.
Adani Group's media arm set to acquire majority stake in NDTV
Aug 24, 2022, at 06:07 am
Mumbai: Gautam Adani-led Adani group's media arm Tuesday announced that it would buy a 29.18 percent stake in New Delhi Television Ltd (NDTV), and make an open offer to acquire another 26 percent of the shares in the company, media reports said.
Air India to expand fleet ahead of holiday season: Report
Aug 24, 2022, at 05:00 am
Mumbai: Tata Group-owned Air India is on an expansion spree as it plans to induct several aircraft into the airline along with Air India Express by 2023, according to media reports.
Captive coal mine prodn to hit record 140 MT in FY23: Coal minister Pralhad Joshi
Aug 24, 2022, at 02:55 am
New Delhi: The total coal production during this financial year is likely to record 900 million ton, of which production from captive mines is expected to touch 140 million ton compared to 89 million ton last fiscal, Coals and Mines Minister Pralhad Joshi said Tuesday.
Less rainfall in Bihar, Jharkhand cause domestic rice prices shoot up by 7 pc
Aug 24, 2022, at 02:28 am
New Delhi: Domestic prices of rice have increased 3-7 percent in the last seven to 10 days over the anticipated fall in Kharif paddy production, especially in Jharkhand and Bihar, owing to below-normal rainfall, according to media reports.
Importance of Term Insurance at Different Stages of Life
Aug 24, 2022, at 12:19 am
Financial well-being is a basic life necessity. With life being uncertain, your sudden demise can bring your family’s financial well-being to a standstill. Term insurance plans will secure your family’s financial future despite your absence. Term insurance has become one of the basic necessities of life.
Bandhan Bank will make an impact as nation is recovering from COVID-19 pandemic: Pronab Sen
Aug 23, 2022, at 11:50 pm
Kolkata: Dr. Pronab Sen, former Principal Economic Advisor, Planning Commission, on Tuesday delivered the Anniversary Lecture on “Build Back Better – The Role of Finance” on the seventh anniversary of Bandhan Bank and said the bank is poised to make an impact at a time when the nation is recovering from COVID-19.
Aug 23, 2022, at 09:42 pm
Mumbai: Incentivised wellness platform Growfitter raised an additional $500K in an extended pre-series A round led by Venture Catalysts and Singapore-based Baksh Capital.
India's auto-parts industry records trade surplus of $700 million in 2021-22
Aug 23, 2022, at 09:21 pm
New Delhi: India's auto parts makers have recorded a trade surplus of $700 million in the year 2021-222, as top automobile manufacturers around the world adopt a "China Plus One" strategy to shield the supply chains from the risks involved in relying completely on a single source in the wake of Covid-19.
Aug 23, 2022, at 03:46 am
Kolkata: State-owned warship maker Garden Reach Shipbuilders and Engineers Ltd (GRSE) Monday inaugurated Skill Development Programs for youth including Phlebotomy Technician & General Duty Assistant Training Batches at Ramakrishna Math, Baghbazar.
Axis AMC extends its WhatsApp services to 27 key facilities
Aug 23, 2022, at 03:26 am
Mumbai: Axis Asset Management (Axis AMC) has extended its WhatsApp services to enable investors access to 27 key facilities.
British luxury supercar maker McLaren Automotive confirms arrival in India
Aug 22, 2022, at 11:36 pm
London: British luxury supercar maker McLaren Automotive on Monday confirms its imminent entry into the major Indian market, the brand’s 41st global territory.