Schneider Electric launches Go Green Challenge 2022 in India
Jan 18, 2022, at 04:15 am
Mumbai/IBNS: French-based electrical equipment group Schneider Electric kicked off its Go Green Challenge 2022 in India to provide students a platform to share sustainable ideas suitable for energy management.
Demand for India's healthcare roles rise by 6 pc: Monster Employment Index
Jan 18, 2022, at 12:26 am
Mumbai/IBNS: Monster Employment Index, a job analysis report by Monster.com, showcased the acceleration witnessed in hiring activity during the last six months which led to a six percent uptick.
Indian Market: Sensex recovers 85.88 points
Jan 17, 2022, at 10:55 pm
Mumbai/UNI: The BSE Sensex on, Monday recovered 85.88 points to 61,308.91 on fresh buying in Auto, Utensils, Power and Realty stocks.
Indian Market: Sensex rises 76.49 pts
Jan 17, 2022, at 04:18 pm
Mumbai/UNI: The BSE Sensex on Monday gained 74.69 pts at 61,299.52 as buying was seen across the board.
46 Startups, 1 incubator, 1 accelerator announced winners of the National Startup Awards 2021
Jan 17, 2022, at 07:11 am
New Delhi/IBNS: A total of 46 Startups have been recognized as winners of National Startup Awards 2021 along with 1 incubator and 1 accelerator.
After Maharashtra, Telangana, Punjab invites Tesla to set shop
Jan 17, 2022, at 06:37 am
New Delhi/IBNS: Maharashtra, Telangana, and now Punjab has invited Tesla CEO Elon Musk to set up an electric vehicle manufacturer amid a standoff with the government import duties.
Gadkari to inaugurate conference on PM-Gati Shakti for South Zone on Jan 17
Jan 17, 2022, at 02:44 am
New Delhi/IBNS: Road, Transport & Highways minister Nitin Gadkari will Virtually inaugurate a conference on PM-Gati Shakti for the South Zone on 17 January 2022.
Rs 14 cr, luxury cars seized from BSF officer in Haryana
Jan 17, 2022, at 01:31 am
Gurgaon/IBNS: Police have recovered Rs 14 crore in cash, jewellery worth Rs 1 crore and seven luxury cars, including a BMW, Jeep and Mercedes - from a Border Security Force (BSF) officer in Haryana.
CBI arrests GAIL director in corruption case
Jan 17, 2022, at 12:51 am
New Delhi/IBNS: The Central Bureau of Investigation (CBI) has arrested E S Ranganathan Director (Marketing) GAIL and others, including private persons, private companies and some other unknown people in connection with a corruption case.
Dalmia Bharat adds 2.9 MT cement capacity at its Murli plant
Jan 16, 2022, at 10:44 pm
Mumbai/UNI: Cement manufacturer Dalmia Cement (Bharat) on Saturday said it has commenced commercial operations at its manufacturing plant in Chandrapur, Maharashtra, adding 2.9 million tonne to its overall installed capacity.
Reliance, Hyundai, M&M among 10 in fray for PLI in ACC scheme
Jan 16, 2022, at 10:30 pm
New Delhi/UNI: In a strong signal of private sector interest in the Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) Battery Storage, Reliance New Energy Solar, Hyundai Global Motors Company and Mahindra & Mahindra are among the 10 companies which have bid for 130 Gwh of manufacturing capacity which the Government proposes to award.
Over 13,000 companies registered in December, Maharashtra tops the chart
Jan 16, 2022, at 10:10 pm
New Delhi/UNI: As many as 13,311 companies were registered in the month of December 2021 under the Companies Act, taking the total number of active companies in the country to 14,44,572, said the latest data by the government.
Govt issues revised guidelines to set up public EV charging stations
Jan 16, 2022, at 08:44 am
New Delhi/IBNS: In an attempt to create a support network for Electronic Vehicles (EVs), the Centre has allowed government entities to provide land to private agencies to set up public charging stations through bidding starting with a floor price of Rs 1 per unit.
Maruti Suzuki hikes prices by 1.7 pc
Jan 16, 2022, at 01:44 am
Mumbai/UNI: The country's largest carmaker Maruti Suzuki on Saturday said it has increased prices of its entire range of products by 1.7 percent with immediate effect.
Samsung made over 300mn smartphones in 2021
Jan 16, 2022, at 01:25 am
Seoul/UNI: Samsung manufactured over 300 million smartphones, which includes those manufactured by its own units as well as its manufacturing partners, in 2021.
Reliance, Mahindra, Hyundai submit bids for battery scheme: Report
Jan 15, 2022, at 08:40 pm
New Delhi/IBNS: Reliance Industries, Mahindra & Mahindra and South Korean automaker Hyundai have submitted bids for the $2.4 billion battery scheme, Reuters reported.
Zomato winds up its South Africa business
Jan 15, 2022, at 08:24 pm
Mumbai/IBNS: Zomato Friday said it has completed the winding up of its South Africa business effective this month.
REC raises USD 1175 million syndicated term loan
Jan 15, 2022, at 03:20 am
Mumbai/UNI: In a first for any NBFC in India, state-run non-banking financial company REC Limited (Rural Electrification Corporation Limited) on Friday said it has successfully raised USD 1,175 million from a consortium of seven banks.
Exports surge in Dec, trade deficit widens
Jan 15, 2022, at 02:59 am
New Delhi/UNI: India’s merchandise exports in December 2021 grew 38.91 percent year-on-year at $37.81 billion, as compared to $27.22 billion in December 2020.
CAIT files petition to block Amazon's bid to buy 100 pc stake in Cloudtail
Jan 15, 2022, at 02:09 am
New Delhi/UNI/IBNS: American e-commerce giant Amazon has landed in fesh trouble as Delhi-based Confederation of All India Traders (CAIT) on Friday has filed a petition before the Competition Commission of India (CCI) seeking to block Amazon's deal to acquire 100 per cent stake in Cloudtail.
TVS Motor partners with Swiggy to expand EV role in food delivery
Jan 15, 2022, at 01:27 am
New Delhi/UNI: Two & 3Wheeler manufacturer TVS Motor Company has announced a partnership with food and on-demand delivery player Swiggy to enable the adoption of electric vehicles in its delivery fleet and increase the share of EVs in food delivery and on-demand delivery services.
PHDCCI welcomes JK Bank's OTS scheme
Jan 15, 2022, at 12:44 am
Srinagar/IBNS: PHD Chamber of Commerce and Industry's (PHDCCI) Jammu & Kashmir chapter welcomed the J&K Bank’s Special One Time Settlement (OTS) scheme for non-performing assets NPAs.
Passenger vehicle sales drop by 13 pc, 2-wheeler sales down by 11 pc in Dec: SIAM
Jan 15, 2022, at 12:34 am
New Delhi/UNI: Amidst supply constraints and spread of Omicron, passenger vehicle sales in India fell 13 percent to 2,19,421 units last month from 2,52,998 in December 2020. The sales of two-wheelers also fell 11 per cent to 10,06,062 units, from 11,27,917 in December 2020, the Society of Indian Automobile Manufacturers (SIAM) said on Friday.
Jan 15, 2022, at 12:01 am
Mumbai/IBNS: Aditya Birla Fashion and Retail Ltd (ABFRL) Friday said it has sealed a strategic partnership with Masaba Gupta to buy 51 percent of House of Masaba Lifestyle which houses apparel, non-apparel, beauty & personal care and accessories business under the Masaba brand.
India's WPI inflation eases to 13.56 pct in December, reveals govt data
Jan 14, 2022, at 10:27 pm
New Delhi: India's wholesale price index (WPI)-based inflation dropped to 13.56 percent in December, as per government data released on Friday.
Delhivery gets SEBI's nod for its Rs 7,460 IPO
Jan 14, 2022, at 10:27 pm
Mumbai/IBNS: Markets watchdog Securities and Exchange Board of India (SEBI) has given its nod to new-age logistics startup Delhivery’s Rs 7,460 crore initial public offering (IPO) proposal, media reports said.
Indian Market: Sensex falls marginally by 12.27 points
Jan 14, 2022, at 10:16 pm
Mumbai/UNI: The BSE Sensex on Friday declined by 12.27 points to settle at 61,223.03 because of profit booking by local operators.
Budget Session of Parliament to begin on Jan 31
Jan 14, 2022, at 09:21 pm
New Delhi/UNI: The upcoming Budget Session of Parliament will begin on Jan 31 and conclude on Apri 8 as per the recommendation of the Cabinet Committee on Parliamentary Affairs, sources said on Friday.
India's economic recovery on 'solid path' to grow 6.5 pc
Jan 14, 2022, at 08:37 pm
New Delhi/IBNS: India is predicted to grow at 6.5 percent in the fiscal year 2022, down from the 8.4 percent GDP estimated in the previous fiscal year, affirming that the country's economic recovery is on a "solid path", the UN said on Thursday.
India, UK FTA to boost bilateral trade by up to £28 billion a year by 2035
Jan 14, 2022, at 06:28 am
New Delhi/IBNS: As India and UK are set to work on building closer trade ties based on mutually agreed terms through a Free Trade Agreement (FTA), both sides expressed confidence that the deal would boost bilateral trade by up to £28 billion a year by 2035.