Meesho app now available in 8 vernacular languages
Aug 10, 2022, at 09:58 pm
Bengaluru: Internet commerce company Meesho Wednesday announced the addition of eight new vernacular languages to its platform--Bengali, Telugu, Marathi, Tamil, Gujarati, Kannada, Malayalam, and Odia.
Airtel to roll out 5G services by Aug end
Aug 10, 2022, at 08:56 pm
Bharati Airtel is fully prepared to go ahead with the launch of 5G services in August as the telecom giant plans to reach target customers in towns and key rural areas of the country by March 2024.
Sensex down by over 200 points
Aug 10, 2022, at 04:38 pm
Mumbai/UNI: The BSE Sensex Wednesday tumbled 243 points to 58,610.04 in the opening session as selling was seen across the board.
Siemens energy plans Russia exit by 3rd qtr of 2022
Aug 10, 2022, at 07:16 am
Moscow: Siemens Energy AG said Monday it began winding down its business in Russia in the third quarter of 2022 and expected to leave the local market in this fiscal year.
2022 PV sales likely to exceed estimates
Aug 10, 2022, at 05:10 am
Passenger Vehicle (PV) sales will rise compared to CY20 and CY21 as the manufacturers are ready to cater to the healthy demand in the category as supplies from Original Equipment Manufacturers (OEM) improves.
Centre may raise outlay in rural employment scheme
Aug 10, 2022, at 01:43 am
New Delhi: The Centre may enhance the allocation to its flagship Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) by Rs 15,000 crore, ET reported.
Hit by MTM losses banks may approach RBI for relief
Aug 10, 2022, at 01:29 am
Mumbai: The banks have again approached the RBI, seeking to be allowed to spread the provisions covering the marked-to-market losses citing the losses incurred in June, media reports said.
OYO contributes to ‘Invest in Denmark’ with acquisition of Nordic based Bornholmske Feriehuse
Aug 10, 2022, at 12:04 am
New Delhi/Copenhagen/Bornholm: Travel and hospitality technology platform OYO said it has concluded the acquisition of Europe -based holiday homes operator Bornholmske Feriehuse through its subsidiary DanCenter, as a part of its endeavor to expand as a preferred full-stack vacation homes provider.
Axis Bank launches one-stop cash management proposition to automate receivables
Aug 09, 2022, at 11:51 pm
Kolkata: Axis Bank said it has become the first Indian bank to launch Axis Receivables Suite (ARS) - an innovative Cash Management proposition that simplifies receivables reconciliation, accelerates cash flow, enhances client experience and reduces cost of doing business.
Tata Motors launches Tigor XM variant powered with its iCNG technology at INR. 7,39,900
Aug 09, 2022, at 11:46 pm
Mumbai: Building on the success of its iCNG technology and widening its range, auto major Tata Motors on Tuesday launched the Tigor XM iCNG variant at an attractive price point of INR. 7,39,900 (ex-showroom price, Delhi).
HEID, HPCL announce to start operation of battery swap service at HPCL Petrol Stations
Aug 09, 2022, at 11:42 pm
Bengaluru: Honda Power Pack Energy India Private Limited (HEID), Honda Motor Co., Ltd.’s subsidiary for battery swap service, and Hindustan Petroleum Corporation Limited (HPCL), a Maharatna oil company of India, have announced to start the operation of Honda e:swap services on Aug 6, which is operated by HEID at the HPCL petrol stations.
Adani Properties raised Rs 800 cr from Credit Suisse to finance expansion plans: Report
Aug 09, 2022, at 10:50 pm
Adani Properties Pvt Ltd (APPL) has raised Rs 800 crore from Credit Suisse to finance its expansion plans, media reports said.
US-based ‘ElectronEV’ forays into India to roll out Light/ Medium and Heavy Commercial Vehicles
Aug 08, 2022, at 11:54 pm
Hyderabad: Committed to sustainable mobility solutions revolutionizing the trucking industry, US-based ElectronEV has announced its foray into India to roll out Light/ Medium and Heavy commercial vehicles.
Aug 08, 2022, at 10:17 pm
Chennai/Kolkata: Public sector lender Indian Overseas Bank (IOB) is looking to raise up to Rs 1,000 crore under Common Equity Tier (CET) through qualified institutional placements (QIP) to boost profitability, bank's MD and CEO Partha Pratim Sengupta said.
Believe Pte Ltd invests USD eight mln in Bangladesh's D2C brand OHSOGO
Aug 08, 2022, at 09:59 pm
Dhaka/IBNS: Singapore's FMCG conglomerate Believe Pte Ltd has invested USD 8 mln in the beauty and skincare e-commerce startup OHSOGO.
Kotak Mutual Fund launches Smart Facility for SIP, STP and SWP
Aug 08, 2022, at 09:18 pm
Kolkata: Kotak Mutual Fund announced the launch of its Smart Facility for SIP, STP and SWP for all investors.
Indian Market: Sensex up 460.36 points
Aug 08, 2022, at 08:28 pm
Mumbai: The BSE Sensex on Monday rose 460.36 points at 58,835.51 following gains in banking, automobile and technology stocks.
India: Next-gen cellular network 5G to be rolled out soon
Aug 08, 2022, at 07:51 pm
New Delhi/IBNS: India has completed its 5G spectrum auction on Aug. 1 and will soon roll out 5G services in the South Asian nation, as per media reports.
Govt to amend competition laws to give more teeth to CCI
Aug 08, 2022, at 06:33 pm
New Delhi: The government plans to bring some sweeping changes in India's anti-trust law through the Competition (Amendment) Bill, 2022.
5G auction: DoT issues demand notices asking all 4 bidders to pay by Aug 16
Aug 08, 2022, at 06:26 pm
New Delhi: The telecommunication department has asked all the four participants of the 5G spectrum auction--Reliance Jio Infocomm, Bharti Airtel, Adani Data Networks, and Vodafone Idea-- to make payments by August 16.
Tata Motors signs Definitive Agreement for the acquisition of Ford India’s Sanand plant
Aug 08, 2022, at 06:57 am
Mumbai: Tata Motors subsidiary Tata Passenger Electric Mobility Ltd (TPEML) and Ford India Pvt Ltd (FIPL) Sunday signed a Unit Transfer Agreement (UTA) for the acquisition of the latter's manufacturing plant situated at Sanand, Gujarat for Rs 725.7 crore, an official release said.
Tata Motors to deploy 1,180 e-buses in West Bengal by 2023 end
Aug 06, 2022, at 08:15 pm
Kolkata/IBNS: The West Bengal Transport Corporation (WBTC) has awarded a work order to Tata Motors Limited for deployment of 1,180 electric buses under the ‘Grand Challenge’ initiative of Convergence Energy Services Limited (CESL).
FMCG sales continue to decline in July: Report
Aug 06, 2022, at 07:25 pm
FMCG sales continued to slide for the third consecutive month in July, registering a decline of 8 percent since last month, data from retail intelligence firm Bizom showed.
Reliance Industries' brand new eCommerce platform JioMarket likely before festive season: Report
Aug 06, 2022, at 07:16 pm
Mumbai: With the launch of its separate platform JioMarket nearing, Reliance Industries (RIL) has started inducting independent sellers and Direct to Customer (D2C) brands, media reports said.
Aug 06, 2022, at 04:41 pm
New Delhi/UNI: The prices of petrol and diesel remained steady Saturday.
Cheap Russian crude likely to pose tough competition to Saudi Arabia in India
Aug 06, 2022, at 06:36 am
New Delhi: Russia and Saudi Arabia could be soon locked in a battle over securing a bigger share of India's crude import market, with Moscow offering a cheaper alternative to one of the world's biggest importers.
Elon Musk accuses Twitter of fraud in buyout deal
Aug 06, 2022, at 05:29 am
San Francisco/IBNS: Tesla chief Elon Musk has accused Twitter of fraud and alleged that the social media platform has misled him about key aspects of its business before he agreed to a $44 billion deal amid a court battle.
Kotak Mahindra Bank Completes its Integration for GST Payment
Aug 06, 2022, at 05:20 am
Kolkata: Private sector lender Kotak Mahindra Bank Limited (KMBL) Friday announced the completion of its integration with the GST portal.
13,92,265 EVs running on the roads of India
Aug 06, 2022, at 05:09 am
New Delhi: A total of 13,92,265 Electric Vehicles (EVs) are running on Indian rods as of August 3, 2022, as per the information received from the Ministry of Road Transport and Highways.
Cloudatail denies controlling links with Amazon, opposes CCI raid
Aug 06, 2022, at 04:29 am
New Delhi: E-commerce seller Cloudtail India has challenged the CCI's April 28 raid on its premises, saying that Amazon has no controlling interest in it and the vendor cannot be linked to a case that was against the e-commerce platforms.