Sequoia Capital splits, India business rebrands as Peak XV Partners
Jun 07, 2023, at 06:07 am
Mumbai: Sequoia India & Southeast Asia, a prominent venture capital firm, has undergone a rebranding and is now known as Peak VX Partners, media reports said.
RBI allows International Banking Units in Gujrat's GIFT City to settle NDDCs in INR
Jun 07, 2023, at 05:54 am
Mumbai: The Reserve Bank on Tuesday allowed international banking units (IBUs) located in GIFT City, Gujarat, to settle non-deliverable foreign exchange derivative contracts (NDDCs) using the Indian rupee.
Ashok Leyland aiming to touch pre-pandemic sales volume in FY24
Jun 07, 2023, at 05:33 am
Kolkata: Automobile major Ashok Leyland, the Indian flagship company of the Hinduja Group and India’s leading commercial vehicle manufacturer, on Tuesday, said it is aiming to touch its pre-pandemic level of sales in medium and heavy commercial vehicles (MHCV) in Financial Year 2023-24 (FY24).
Rajnigandha pan masala maker DS Group buys chocolate brand LuvIT
Jun 07, 2023, at 04:45 am
New Delhi: FMCG major DS Group, popularly known for making Rajnigandha pan masala, on Tuesday announced the acquisition of The Good Stuff Pvt Ltd, which owns the LuvIt Chocolate and Confectionery brand.
GMR Group to divest Hyderabad Airport warehouse facility at Rs 188 cr
Jun 07, 2023, at 03:48 am
Hyderabad: GMR Hyderabad International Airport Ltd, a step-down subsidiary of GMR Airports Infrastructure Ltd, on Tuesday announced the divestment of around 8,18,000 sq ft of its warehouse facility located at the Hyderabad airport.
BharatPe appoints Kohinoor Biswas in top consumer lending role
Jun 07, 2023, at 03:19 am
Delhi: Fintech company BharatPe Tuesday announced the appointment of Kohinoor Biswas as the Head - Consumer Lending.
Coal sector fully prepared to meet growing domestic demand: Pralhad Joshi
Jun 07, 2023, at 03:13 am
New Delhi: India’s coal sector is fully prepared to meet the enhanced domestic demand of the country’s fast-paced economy and there will be no shortage of coal amid the summer and monsoon months, Coal Minister Pralhad Joshi said on Tuesday.
Jun 07, 2023, at 02:15 am
New Delhi: The development of a 25 km 2-lane highway with hard shoulders, in Nagaland, from Chakabama to Zunheboto, aims to bolster connectivity with neighbouring states in the northeast region, said Union Minister Nitin Gadkari.
Apple unveils Vision Pro headset with mixed reality settings
Jun 06, 2023, at 07:09 am
Apple Monday launched Apple Vision Pro at the company's annual Worldwide Developers Conference.
Apple launches new MacBook Air model with a 15-inch display
Jun 06, 2023, at 06:40 am
Apple Monday announced a new MacBook Air model with a 15-inch display, powered by the company's M2 chip under the hood.
Odisha train accident: IRDAI orders insurance companies to settle insurance claims suo moto
Jun 06, 2023, at 01:14 am
Mumbai: The Insurance Regulatory and Development Authority of India (IRDAI) has directed insurance companies to proactively initiate the settlement of claims for the victims of the Odisha train tragedy, The Economic Times (ET) reported.
Wardrobe Refresh Sale (WRS) on Amazon Fashion is live till June 6
Jun 05, 2023, at 11:45 pm
Kolkata: Amazon Fashion has announced the 12th edition of its Wardrobe Refresh Sale with deals across a wide selection of the most loved fashion and beauty.
Fareportal Wins 2023 Technology of the Year Award for Chatbot AI
Jun 05, 2023, at 11:34 pm
Travel technology innovator Fareportal, the company behind leading online travel agencies CheapOair, CheapOair.CA and OneTravel, today announced it’s received the “2023 Technology of the Year Award” in the annual Excellence in Customer Service awards program conducted by the Business Intelligence Group (BIG). The award was received in recognition of the AI enhanced customer experience provided by Fareportal’s Chatbot product.
Paytm boosts merchant payments leadership with 75 lakh devices deployed in Apr-May
Jun 05, 2023, at 08:06 pm
India’s leading payments and financial services company Paytm on Monday announced its business operating performance for the two months ended May 2023.
Walmart's stake in fintech subsidiary PhonePe drops to 85%
Jun 05, 2023, at 07:14 pm
Retail behemoth Walmart’s shareholding in fintech company PhonePe has dropped from 89 percent to 85 percent amid the latter’s fundraise of $1 billion, media reports said.
RBI's MPC panel likely to maintain status quo on key policy rate in June meeting
Jun 05, 2023, at 05:30 am
Mumbai: The Reserve Bank of India is likely to maintain a status quo over the policy stance in the June policy review as well, opine experts.
Odisha train mishap: Gautam Adani takes responsibility to educate children orphaned in the accident
Jun 05, 2023, at 04:28 am
New Delhi: Gautam Adani on Sunday announced that the Adani Group would assume the responsibility of providing education for children who tragically lost their parents in the Odisha triple train accident.
Tripura farmers selling Miyazaki mangoes for Rs. 1500
Jun 05, 2023, at 02:13 am
A cluster of farmers hailing from Tripura’s Pancharatan, Narikel Kunja and Tai Chakma ADC villages under Gandacherra sub-division of Dhalai district is trying to cultivate one of the costliest mangoes in the world known as ‘Miyazaki’.
Empowerment echoes: The transformative journey of Sikh women’s aid
Jun 04, 2023, at 02:51 am
In the bustling heart of the West Midlands, UK, a unique beacon of hope and empowerment, ‘Sikh Women’s Aid’ (SWA), stands tall. Born out of the collective strength of Sikh women across the region, this community-based organization represents a transformative movement within the Sikh and Punjabi communities.
Harvesting Pain: Sikh slaves fuelling Italy’s farmlands
Jun 04, 2023, at 01:58 am
In the heartland of Italy, under the shadow of the Tyrrhenian Sea, is the Agro-Pontino, a 100-mile stretch of fertile plains.
US Consulate, Contact Base host two-day symposium in Kolkata for women entrepreneurs and leaders
Jun 03, 2023, at 07:58 am
Kolkata: The U.S. Consulate General Kolkata, in partnership with social enterprise Contact Base, recently hosted a two-day symposium that focused on building regional coalitions and networks to strengthen women’s leadership in the global economy.
Jun 03, 2023, at 07:30 am
Financial services firms worldwide recognize ESG as a powerful tool to enhance competitiveness, attract increased investment, and foster sustainable development, according to Global Innovations Report (GIR) by FIS Global.
Future Generali India launches D.I.Y HEALTH product
Jun 03, 2023, at 07:21 am
Kolkata: Private general insurance player Future Generali India Insurance Company Ltd Thursday announced the launch of its new health insurance product – D.I.Y HEALTH – to offer flexibility and freedom to choose the coverage as per the customer's needs.
Volvo Car India's dealership in West Bengal completes 5 years
Jun 03, 2023, at 07:01 am
Kolkata: SPL Volvo, one of the dealerships of Volvo Car India in West Bengal, completed its fifth anniversary.
Govt imposes stock limits on pulses to contain spiralling prices
Jun 03, 2023, at 06:13 am
New Delhi: In a bid to crack down on hoarders and keep prices of pulses in check, the government on Friday imposed stock limits on tur and urad dals applicable to wholesalers, retailers, big chain retailers, millers and importers.
Tata Group inks deal to set up Rs 130 billion lithium-ion cell factory in Gujarat's Sanand
Jun 03, 2023, at 04:56 am
Sanand (Gujarat): Tata Group on Friday entered into a preliminary agreement for the construction of a lithium-ion cell factory at an estimated investment of around Rs 130 billion, reported Reuters.
Canada's Suncor Energy to slash 1,500 positions amid cost-cutting plan
Jun 03, 2023, at 04:54 am
Calgary/IBNS: Rich Kruger, new chief executive of Suncor Energy, has announced his immediate plan of the company's elimination of 1,500 positions to cut costs by $400 million by the end of this year.
IRDAI orders SBI Life Insurance to take over Sahara India Life Insurance business
Jun 03, 2023, at 04:44 am
New Delhi: Insurance Regulatory and Development Authority of India (IRDAI) has named SBI Life Insurance Company Limited (SBI Life) as the acquirer insurer of the life insurance business of Sahara India Life Insurance Co. Ltd (SILIC), media reports said.
Jun 03, 2023, at 02:58 am
Mumbai: The Reserve Bank of India (RBI) on Friday released draft Master Directions on Cyber Resilience and Digital Payment Security Controls for Payment System Operators (PSOs).
Govt expected to get Rs 4,000 cr after investors over-subscribe Coal India share sale
Jun 03, 2023, at 02:04 am
New Delhi: The government is expected to receive Rs 4,000 crore from Coal India’s share sale, as both retail and institutional investors showed strong demand, resulting in oversubscription, media reports said.