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.
Passenger car sales shoot up in H12022; performance to continue in 2nd half
Jun 09, 2022, at 08:31 pm
New Delhi: India is likely to record its highest half-yearly passenger vehicle sales by the end of June despite component shortages and dampening consumer sentiments due to rising inflation, industry experts anticipate, reported media.
India's bio-economy grew eight times in last eight years: PM Modi
Jun 09, 2022, at 06:51 pm
New Delhi/UNI: India's bio-economy grew eight times in the last eight years from 10 billion dollars to 80 billion dollars, Prime Minister Narendra Modi said on Thursday while inaugurating Biotech Startup Expo- 2022.
Indian market: Sensex down over 200 pts
Jun 09, 2022, at 03:30 pm
Mumbai: The BSE Sensex on Thursday slipped 278.14 pts at 54,614.35 as selling was seen across the board.
Jun 09, 2022, at 04:49 am
Mumbai: As widely expected, RBI’s Monetary Policy Committee unanimously decided to increase the policy Repo rate by 50 bps to 4.90% while also remaining focused on ‘withdrawal of accommodation’ to ensure that inflation remains within the target going forward, all the while supporting growth. RBI has retained its real GDP growth forecast for FY23 at 7.2% with risks broadly balanced.
Mobikwik plans to raise $100 million in equity after deferring IPO last year
Jun 09, 2022, at 02:11 am
Mumbai: One Mobikwik System is looking to raise $100 million in equity to finance business expansion, media reports said.
Fabriclore joins forces with Linen Fiesta
Jun 09, 2022, at 12:29 am
Fabriclore, India's first fabric & design commerce platform, has enered into a collaboration with prominent linen fabrics manufacturer Linen Fiesta.
Reserve Bank of India allows credit card linking with UPI
Jun 09, 2022, at 12:00 am
Mumbai: The Reserve Bank of India (RBI) on Wednesday announced that credit cards will be linked to the UPI accounts.
YES Bank to form alternate board after successful recovery following reconstruction
Jun 08, 2022, at 11:15 pm
Mumbai: The Board of Directors of YES Bank, appointed under the Reconstruction Scheme March 2020, has recommended the formation of an alternate board of directors on the back of the private sector lender's turnaround and having achieved significant progress post the implementation of the scheme.
Indian Market: Sensex down 214.85 points
Jun 08, 2022, at 10:39 pm
Mumbai: The BSE Sensex on Wednesday slid 214.85 points to 54,892.49 as selling was seen in Telecom, Energy, FMCG and Oil and Gas stocks.
RBI policy rate hike: Experts react
Jun 08, 2022, at 09:03 pm
Mumbai: Reserve Bank of India's hike in repo rate by 50 basis points (bps) to 4.90 percent is an expected move amid the current inflationary pressures and more hikes can follow in the subsequent months, said experts.