New Delhi, Feb 20 (PTI) The government will soon decide on giving additional charge of the post of chairman cum managing director (CMD) of state-owned New India Assurance as the term of incumbent Atul Sahai comes to an end later this month. The Banks Board Bureau (BBB) has not started the process for selection of [...]
New Delhi, Feb 20 (PTI) BSH Home Appliances, which manufactures and sells products under Bosch and Siemens brands, aspires to be a Rs 5,000 crore company in India by 2026 by increasing its market addressability with expansion of product line-up, a top company official said. The company is growing at 25-30 per cent rate and [...]
New Delhi, Feb 20 (PTI) Digital networks integrator Sterlite Technologies expects about 20 per cent growth in business across key markets of the US, Europe and India in FY2023 amid global scale-up of networks and 5G build outs, its managing director Ankit Agarwal has said. With a notable drop in COVID-19 cases and easing of [...]
New Delhi, Feb 20 (PTI) Air India has won a nod of an appeals court in Quebec to challenge a Canadian court order that allowed foreign investors in Bengaluru-headquartered Devas Multimedia to seize its funds to recover compensation for a failed 2005 satellite deal with Antrix Corporation, a commercial arm of ISRO. In a February [...]
The government plans to implement new technologies and build digital infrastructure to support current and future coal mines operations, a move that would reduce the country's dependency on imports. Technological advancements in coal mining are also making operations more productive. "The objective is to implement new technologies and build digital infrastructure to support current and [...]
New Delhi, Feb 20 (PTI) Tata Technologies, a global engineering and product development digital services firm, will hire at least 1,000 more people in FY2023 than its planned recruitment of over 3,000 innovators over a 12-month period to fulfil the requirements of customers as its business growth accelerates, according to a top company official. In [...]
New Delhi, Feb 20 (PTI) Bullish on the future of green mobility, the Hinduja Group flagship Ashok Leyland plans to set up a new manufacturing facility in the country to roll out electric vehicles, according to a top company official. The Chennai-based firm has also lined up a Rs 500 crore investment to develop powertrains [...]
Singapore, Feb 20 (PTI) Victims in Singapore have lost more money to bogus investment schemes than any other ruse in the last three years, especially falling prey to Chinese-origin "pig-butchering" cryptocurrency scam, losing SGD190.9 million last year, over five times the SGD36.9 million in 2019. Fraudsters spend months cultivating a relationship with the victims before [...]
New Delhi, Feb 19 (PTI) Union Chemicals and Fertilisers Minister Mansukh Mandaviya on Saturday laid the foundation stone of a nano urea project at state-owned RCF's Trombay plant in Mumbai. According to an official statement, the minister laid the foundation stone of 'Nano Urea project' and 'Phosphate Rich Organic Manure (PROM)-SHEETALA' project at the Rashtriya [...]
Mumbai, Feb 19 (PTI) The Comprehensive Economic Partnership Agreement (CEPA) signed between India and the UAE will not only strengthen the bilateral trade ties but also also boost exports and create 10 lakh job opportunities in India, Union Minister Piyush Goyal said on Saturday. India and the UAE on Friday signed the trade pact after [...]
