by PTI News | Mar 2, 2022 | 8:09 pm | News
New Delhi, Mar 2 (PTI) Indian apps and games have been receiving extraordinary interest from investors and their active monthly user base grew 200 per cent on Google Play in 2021 compared to 2019, a senior Google official said Wednesday. While announcing the Appscale Academy Class of 2022, Google Play Partnerships Vice-President Purnima Kochikar said [...]
by PTI News | Mar 2, 2022 | 8:06 pm | News
New Delhi, Mar 2 (PTI) Max Life Insurance Company Ltd has incorporated a wholly-owned subsidiary Max Life Pension Fund Management Ltd and will infuse Rs 55 crore into the firm by subscribing to 5.5 crore shares. The wholly-owned subsidiary company of Max Life Insurance Company Ltd (Max Life), a material subsidiary of Max Financial Services [...]
by PTI News | Mar 2, 2022 | 7:52 pm | News
New Delhi, Mar 2 (PTI) Industry bodies COAI and GSMA on Wednesday announced signing a pact to advance mobile telecommunications in India and collaborate on "areas of mutual interest". The memorandum of understanding (MoU) was signed in Barcelona by COAI Director-General S P Kochhar and GSMA Head (Asia-Pacific) Julian Gorman. In a joint statement issued [...]
by PTI News | Mar 2, 2022 | 7:51 pm | Economy, News
New Delhi, Mar 2 (PTI) The government's recent policy initiatives to promote the manufacturing of solar power equipment in the country will put the industry on a strong footing and help achieve ambitious targets, industry body ISMA said on Wednesday. The government has set an ambitious target of 500 gigawatts of renewable capacity by 2030, [...]
by PTI News | Mar 2, 2022 | 7:50 pm | Economy, News
New Delhi, Mar 2 (PTI) The Indian FMCG industry witnessed a consumption slowdown in urban markets and de-growth in rural areas in 2021 as the sector was hit hard by higher inflation levels forcing companies to go for successive price increases, according to data analytics firm NielsenIQ. In 2021, the FMCG industry had to go [...]
by PTI News | Mar 2, 2022 | 7:43 pm | Corporate Action, News
New Delhi, Mar 2 (PTI) Venture capital firm Sixth Sense on Wednesday said it has led a Rs 76-crore Series-A funding round in logistics start-up Prozo. Jafco Asia and high net worth individuals also participated in the round. The funds will be used to expand Prozo's warehousing and fulfilment footprint, client base, and technology and [...]
by PTI News | Mar 2, 2022 | 7:22 pm | News
New Delhi, Mar 2 (PTI) The Indian Railways will come up with a policy in the next 7-8 days to make private-sector research and development a major part of the railway budget with 90 per cent allocation in the future, Union Minister Ashwini Vaishnaw said on Wednesday. While speaking in the concluding session of a [...]
by PTI News | Mar 2, 2022 | 7:20 pm | Economy, News
Mumbai, Mar 2 (PTI) Days after the government went public with its intent to examine a Sebi order in the NSE matter, its outgoing Chairman Ajay Tyagi on Wednesday made it clear that the markets regulator did not "dilute" any of the quasi-judicial verdicts. The comments assume significance as they come after Finance Minister Nirmala [...]
by PTI News | Mar 2, 2022 | 7:19 pm | News
New Delhi, Mar 2 (PTI) International Road Federation's India Chapter (IRF-IC) on Wednesday said it has started a training programme with Karnataka's police personnel, roadside amenities providers and schools, among others, for providing first aid to accident victims. In a statement, IRF-IC said that providing training to police personnel, bystanders such as truck drivers, dhaba owners [...]
by PTI News | Mar 2, 2022 | 7:18 pm | Economy, News
New Delhi, Mar 2 (PTI) The Railways has registered a record increase of 176 MT in loading during this financial year till February 28 as compared to last year, according to official data.The national transporter has set a target of achieving 1,400 MT of loading by the end of this financial year, officials said.The total [...]
