Fed on way to bigger action as inflation soars in US
Jun 14, 2022, at 03:42 am
Washington: Amid soaring inflation, the US Federal Reserve is likely to hike key policy rates to help mitigate price increases that are showing no signs of cooling, media reports said.
India's retail inflation eases to 7.04 pct in May
Jun 14, 2022, at 12:11 am
New Delhi: India's retail inflation eased to 7.04 per cent in May 2022 from 7.79 per cent in the previous month, according to data released by the government on Monday.
Govt enrolls 742 drones in May, trade body sees rapid growth ahead
Jun 13, 2022, at 11:38 pm
New Delhi/UNI: As many as 742 drones were registered and unique identification numbers (UIN) were issued to them in the month of May, the Civil Aviation Ministry has said in its monthly report.
Tata Motors launches GenVoltz generators in Nepal
Jun 13, 2022, at 07:24 pm
KathmanduIndian automobile major Tata Motors, along with its authorised distributor, Sipradi Trading Pvt. Ltd., launched the reliable and efficient range of GenVoltz generators in Nepal.
Kolkata manufacturer of sesame oil says their products are certified and vegan
Jun 13, 2022, at 05:59 pm
Kolkata/IBNS: City-based BN Exports Private Limited is a manufacturer and exporter of certified natural and refined sesame oil, with a state-of-the-art manufacturing facility located in Domjur in Howrah (West Bengal).
Max Cement launches ‘Builders Of India’ social media campaign
Jun 13, 2022, at 05:52 pm
Kolkata/IBNS: North-east India based Max Cement recently launched a social media campaign as part of their countdown to 75 days to the Independence Day.
Bajaj Auto MD Rajiv Bajaj blames dilution of regulatory norms for EV fires
Jun 13, 2022, at 05:39 am
Pune: Bajaj Auto MD Rajiv Bajaj has blamed the state of the regulatory environment in India for incidents of Electronic Vehicles (EVs) catching fire.
Fitch Ratings revises outlook for India to stable from negative
Jun 13, 2022, at 04:52 am
American credit rating agency Fitch Ratings has upgraded its outlook for India from negative to stable and affirmed the BBB rating.
Jun 12, 2022, at 02:30 pm
New Delhi/UNI: The prices of petrol and diesel remained static for the 22nd straight day on Sunday.
American cosmetic major likely to file for bankruptcy: Report
Jun 12, 2022, at 02:34 am
New York: American cosmetic and skin care products firm Revlon is likely to file for bankruptcy, media reports said.
HOP Electric Mobility expands footprint in Jaipur; inaugurates Seventh Experience Centre
Jun 11, 2022, at 11:28 pm
Jaipur: HOP Electric Mobility, Jaipur headquartered India’s fast growing 2-wheeler electric vehicle manufacturer, has inaugurated its seventh HOP Experience Centre in the city – MB Evocity.
Disinvestment empowered PSUs: Nirmala Sitharaman
Jun 11, 2022, at 06:53 pm
Kochi/UNI: Disinvestment of Public Sector Undertakings (PSUs) during the past decade had empowered them and energised the capital markets, Union Finance Minister Nirmala Sitharaman said on Friday.
India inks contract with Russia to attain supply of radio equipments for 24 airports
Jun 11, 2022, at 06:50 pm
New Delhi/UNI: Russia’s Scientific and Production Corporation 'Radio Technical Systems' (NPO “RTS”) signed a large-scale contract with the Airports Authority of India (AAI) for the supply of radio equipment.
Jun 11, 2022, at 05:57 pm
New Delhi/UNI: The prices of petrol and diesel remained steady for the 21st straight day on Saturday.
AirAsia India deploys TaxiBot operations at Bengaluru International Airport
Jun 11, 2022, at 05:49 pm
Bangalore/IBNS: As one of the key initiatives during Tata Sustainability Month, AirAsia India Friday flagged off the commencement of TaxiBot operations at Bengaluru International Airport, following successful trials and subsequent implementation at Delhi International Airport.
Jun 11, 2022, at 05:41 am
Mumbai: Affle Global Pte. Ltd. Friday announced that it has acquired ownership of an additional 13.09 percent in OSlabs Pte. Ltd.
Is Turkey's Rubella virus claim to reject Indian wheat a ploy to control global wheat supply?
Jun 11, 2022, at 05:25 am
Turkey's attempt to malign India's reputation as a wheat supplier fell flat after Israel purchased a 55,000-ton consignment it rejected citing phytosanitary concerns. The grounds for rejection were not only false but apparently cropped from Turkey's covert motive to take control of global wheat supplies amid a soaring demand and a protracted Ukraine-Russia war, according to experts.
RIL and US-based Apollo Global Management jointly inch closer to Boots buyout: Report
Jun 11, 2022, at 12:32 am
Mukesh Ambani-led Reliance Industries Ltd (RIL) along with American buyout firm Apollo Global Management have emerged as frontrunners in acquiring Walgreens Boots Alliance’s UK-based retail chemist and drugstore units.
Kotak Bank drops 4.07 pc to Rs 1789.90
Jun 10, 2022, at 11:19 pm
Mumbai: Kotak Bank on Friday dropped 4.07 pc to close at Rs 1789.9, a major loser in 30 scrips of BSE.
Beauty etailer Purplle joins unicorn club after raising $33 million
Jun 10, 2022, at 10:49 pm
Mumbai: Beauty etailer Purplle entered the unicorn circuit after raising $33 billion from Paramark Ventures at a valuation of $1.1 billion.
Indian Market: Sensex crashes 1016.84 pts
Jun 10, 2022, at 09:40 pm
Mumbai: The BSE Sensex on Friday tanked 1016.84 pts to settle at 54,303.44 on weak global cues.
Exprto raises Rs 5 crores in seed funding from GSF, Angel List USA, Agility Ventures and others
Jun 10, 2022, at 09:32 pm
New Delhi: EdTech startup Exprto has raised Rs 5 crores in a seed round led by GSF and Angel List USA.
Omaxe partners with Jio-bp to set up EV charging & swapping infrastructure
Jun 10, 2022, at 08:31 pm
New Delhi / Mumbai: Omaxe, one of India’s leading real estate developers Thursday announced its partnership with Jio-bp, a fuel, and mobility joint venture between Reliance Industries Limited (RIL) and bp, to establish a battery charging ecosystem for electrical vehicles.
OECD cuts down India's FY23 growth to 6.9 pc amid inflation
Jun 10, 2022, at 06:31 pm
The organisation for Economic Cooperation and Development has slashed India's growth projection for this fiscal year (FY23) to 6.9 percent, down sharply from 8.1 percent estimated previously and the Reserve Bank's 7.2 percent anticipated rise.
Indian Market: Sensex down over 500 pts
Jun 10, 2022, at 03:46 pm
Mumbai: The BSE Sensex on Friday tumbled down 588.43 pts at 54,731.85 as selling was seen across the board.
Gufic Biosciences launches dual chamber bags for drug delivery; eyes dominant share in the segment
Jun 10, 2022, at 02:29 am
Kolkata: High-quality pharmaceutical and herbal products maker Gufic Biosciences Ltd Thursday launched affordably priced dual chamber bags for drug delivery.
Jun 10, 2022, at 02:13 am
New Delhi: Som Parkash, Minister of State for Commerce & Industry, today said the PM Gati Shakti National Masterplan will help achieve India’s aim of USD 5 Trillion economy.
Meesho records 428 pc YoY order growth, logs 5.35 million orders on a single day
Jun 10, 2022, at 01:06 am
Kolkata: Internet commerce platform Meesho recorded 5.35 million orders during the one-day sale event ‘Maha Indian Savings Sale’ on June 5, the company said.
Indian Market: Sensex jumps 427.79 pts
Jun 09, 2022, at 10:08 pm
Mumbai: The BSE Sensex on Thursday regained 427.79 pts at 55,320.28 on the strength of Telecom, Oil and Gas, Energy and IT stocks.
Edtech startup Physics Wallah enters unicorn club
Jun 09, 2022, at 08:40 pm
Bengaluru: Edtech company Physics Wallah is the latest online education venture to enter the unicorn club after it raised $100 million in its first ever funding round led by WestBridge Capital and GSV Ventures, media reports said.