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8 jawans, driver killed as Maoists blow up security vehicle in Chhattisgarh's Bijapur | Atul Subhash suicide: Karnataka High Court refuses to quash FIR against wife Nikita Singhania | Delhi elections: Congress launches Pyari Didi scheme promising Rs. 2,500 per month to women residents | Chhattisgarh journalist murder: Victim's heart was ripped out, had 15 fractures to head, a broken neck; accused arrested | India's health ministry confirms two HMPV cases in Karnataka | Canadian PM Justin Trudeau may step down as Liberal Party leader this week: Reports | Bharatiya Janata Party releases first list of candidates for Delhi Assembly polls, fields Parvesh Sahib Singh Verma against Kejriwal | Firecracker unit explosion in Tamil Nadu's Virudhunagar kills 6 | Body of independent journalist, who went missing on Jan 1, found in a septic tank in Chhattisgarh | Delhi: 14-year-old student stabbed to death outside school after brawl with classmate

Axis Bank enables RuPay Credit Card support on UPI

May 10, 2023, at 08:42 am

Mumbai: India’s third largest private sector lender Axis Bank on Monday announced that it has successfully enabled RuPay Credit Card support on UPI.

India, Myanmar jointly launch Sittwe Port; halves Kolkata-Agartala-Aizawl transit

May 10, 2023, at 07:30 am

New Delhi/IBNS: India and Myanmar on Tuesday jointly inaugurated the Sittwe Port in Myanmar’s Rakhine State, marking a major milestone in enhancing bilateral and regional trade.

PepsiCo, Star Cement India, Varun Beverages among 9 companies to sign MoUs with Assam; investment worth Rs 8201 cr expected

May 10, 2023, at 06:14 am

Guwahati: Assam on Tuesday inked Memorandum of Understandings (MoUs) with nine companies that are estimated to bring private investments to the tune of Rs 8201.29 crore.

India bans apple imports except from Bhutan

May 10, 2023, at 06:08 am

New Delhi: The Centre has imposed a ban on apple imports that have a Cost, Insurance, and Freight (CIF) import price equal to or lower than Rs 50 per kilogram as it altered the import policy from "free" to "prohibited".

Byju's likely to secure $1 billion in funding amid funding winter: Report

May 10, 2023, at 05:35 am

Bengaluru: Ed-tech firm Byju's is preparing to secure a substantial funding round of $1 billion through a combination of equity and structured instruments, Moneycontrol reported.

Federal Bank goes live with electronic Bank Guarantee in partnership with NeSL

May 09, 2023, at 11:42 pm

Mumbai: Federal Bank has gone live with NeSL for the issuance of electronic Bank Guarantee facility.

Tripura signs MoUs worth Rs 312.38 crores to boost to industrial sector

May 07, 2023, at 06:47 am

Agartala/IBNS: The State Level Investment Round Table (I&C) meeting held at Pragya Bhavan witnessed the signing of MoUs worth Rs 312.38 crores by eight industrialists in the presence of Chief Minister Manik Saha.

A Chat on Online Gambling and Gaming Laws in India

May 05, 2023, at 11:41 pm

During a conversation between Felicia Wijkander, Editor in Chief at SevenJackpots and Uday Walia, Partner at Touchstone Partners, a leading law firm in India working with complex topics such as cross-border advice and foreign investments, they discussed the latest updates on online gambling and gaming laws in India. 

Federal Bank Q4 net profit jumps 67 pc to Rs 903 crore

May 05, 2023, at 10:23 pm

Mumbai: Private sector lender Federal Bank on Friday reported a 67% year-on-year rise in net profit to Rs 903 crore for the January-March quarter (Q4) of the financial year 2022-23.

Manish Patil joins as ONGC's Human Resource Director

May 05, 2023, at 09:46 pm

Mumbai: Manish Patil has joined as the Director (Human Resource) of the Energy Maharatna Oil and Natural Gas Corporation Limited (ONGC).

Punjab’s Cultural Renaissance in a Post-Green Revolution World

May 05, 2023, at 06:25 pm

In a rapidly changing world, it is essential to adapt and evolve. The Green Revolution, which swept across the globe in the 1960s, brought with it new agricultural methods and a tremendous increase in crop production. As a recent study from Punjabi University Patiala highlights, these changes didn’t just impact agriculture – they set off a chain of cultural transformations that have shaped the lives of villagers in Punjab for the better.

Tata Power Q4FY23 PAT grows 48% YoY to Rs 939 cr; FY23 consolidated revenue jumps 32% to Rs 56,033 cr; Board declares Rs 2 per share dividend

May 05, 2023, at 05:59 am

Mumbai/IBNS: Tata Power, one of India's major integrated power firms, on Thursday said its consolidated reported PAT in Q4FY23 rose by 48% YoY to Rs 939 crore compared to Rs 632 crore in the same period last fiscal, supported by a strong performance across all businesses.

Yes Bank partners with Cashfree Payments to offer international payment collection service to Indian exporters

May 05, 2023, at 05:23 am

Mumbai/IBNS: Cashfree Payments and Yes Bank have come together to offer ‘Global Collections,’ an international collection service for exporters with an account in the bank.

In more trouble for Go First, lessors of 20 aircraft want to be deregistered

May 05, 2023, at 05:20 am

New Delhi/IBNS: In more trouble for Go First, lessors of 20 aircraft to the bankrupt airline have asked the aviation regulator DGCA to deregister them, paving the way for their return.

BharatPe rebrands its loyalty programme PAYBACK India as Zillion

May 05, 2023, at 05:10 am

Kolkata/IBNS: BharatPe Group today announced that it will be rebranding PAYBACK India, the country’s largest multi-brand loyalty program, to Zillion, the company said in a press release on Thursday.

Exclusive primary listing of green bonds of $ 750 million of REC Ltd at GIFT IFSC stock exchanges

May 05, 2023, at 05:05 am

Gandhinagar (Gujarat): Government-owned REC Ltd has undertaken an exclusive listing of its recently issued Green bonds of $ 750 million raised under its Global Medium Term Programme of $ 7 billion at GIFT IFSC stock exchanges in a primary listing ceremony held in GIFT IFSC, Gandhinagar on May 3, 2023.

ICICI Bank introduces auto recharge on FASTag through UPI mandate

May 05, 2023, at 04:59 am

Mumbai/IBNS: ICICI Bank today announced that it has enabled FASTag auto recharge through Unified Payments Interface (UPI) mandate.

Adani Enterprise Q4FY23 net profit more than doubles riding on strong performance of key coal business

May 05, 2023, at 02:45 am

Mumbai: Gautam Adani led Adani Group’s flagship firm Adani Enterprises Ltd said on Thursday that its quarterly profit more than doubled, riding on a strong performance from its key coal trading division, Reuters reported.

World Bank appoints Indian-origin Ajay Banga as its next president

May 04, 2023, at 04:40 am

The World Bank said in an official announcement that Ajay Banga has been appointed as its next president.

ONGC’s Uran Plant collaborates with IIT-Bombay to develop innovative gas-sweetening process

May 04, 2023, at 03:18 am

Mumbai/IBNS: ONGC’s Uran Plant in Navi Mumbai has signed a research and development (R&D) agreement with the Indian Institute of Technology, Bombay (IIT-B) to develop an innovative gas sweetening process using nano-fluids.

Adani Wilmar Ltd Q4 FY23 PAT drops 60% y-o-y to Rs 94 cr, volume grows 15%; FY23 revenue grows 7% to Rs 58,185 cr

May 04, 2023, at 03:12 am

Mumbai: Adani Wilmar Ltd on Wednesday said it recorded a 15% volume growth in Q4 FY23 while consolidated revenue witnessed a decline of 7% to Rs 13,873 crore, due to a fall in prices of edible oil.

NTPC Group hits major milestone with 72304 MW installed capacity, including first overseas capacity addition in Bangladesh

May 03, 2023, at 11:40 pm

New Delhi/IBNS: NTPC Group has reached a significant milestone in the power sector, with an installed capacity of 72304 MW.

BharatPe acquires 51% stake in Trillion Loans

May 03, 2023, at 11:37 pm

Mumbai/IBNS: Fintech group BharatPe Wednesday said it has completed its acquisition of a majority stake in Trillion Loans, a renowned NBFC (Non-Banking Financial Company) based out of Mumbai. The deal was completed in the month of April.

Airtel enters new partnership with Bridgepointe Technologies under Global Channel Partners Programme

May 03, 2023, at 11:12 pm

Kolkata/IBNS: Telecom major Bharti Airtel said it has entered a strategic partnership with Bridgepointe Technologies, a tech advisory firm that helps mid-market and enterprise companies bridge the gap between tech investments and business results.

Coal Ministry Action Plan 2023 -24 targets 1012 MT coal production

May 03, 2023, at 09:45 pm

New Delhi/IBNS: The Ministry of Coal has finalised the total coal production target of 1012 MT for FY 2023-24.

CEPA is the growth engine for India-UAE bilateral trade

May 03, 2023, at 03:53 pm

New Delhi: On the occasion of the first anniversary of the implementation of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) recently, Commerce Secretary Sunil Barthwal congratulated the people of India and the UAE on the milestone and talked about CEPA’s role as a growth engine for India-UAE bilateral trade over the past 11 months.

Arunachal Pradesh: 4G connectivity enhancing digital economy at Indo-China border

May 03, 2023, at 03:36 pm

Locals can now access new-age digital economy after the government-funded 4G tower of Airtel started services last week in Lumpo village of Arunachal Pradesh.

UCO Bank posts highest ever annual net profit of Rs 1862.34 cr for FY23

May 03, 2023, at 06:49 am

Mumbai/IBNS: Public sector lender UCO Bank on Tuesday posted the highest ever annual net profit of Rs 1862.34 crore for the year FY23, a y-o-y growth of 100.30% against Rs 929.76 crore for FY22.

Mahindra Auto April 2023 vehicle sale across portfolio jumps 36% to 62,294; SUV sale jumps 57% to 34,694

May 03, 2023, at 06:39 am

Mumbai: Auto major Mahindra & Mahindra Ltd Tuesday said its overall auto sales for the month of April 2023 stood at 62,294 vehicles.

Raj Kumar Dubey takes over as Director (HR) of Bharat Petroleum

May 03, 2023, at 06:20 am

New Delhi/IBNS: Raj Kumar Dubey on Tuesday joined Bharat Petroleum Corporation Limited (BPCL) as the Director (Human Resources), the state-run refiner said.