New Delhi, May 4 (PTI) Mahindra Electric Mobility on Wednesday said it has tied up with the city-based startup Terrago Logistics. Terrago currently has a fleet of 65 Mahindra Treo Zor cargo vehicles deployed with online grocery major Big Basket in three cities and leading logistics major, Porter. In the coming months, Mahindra Electric will [...]
New Delhi, May 4 (PTI) Tech giant IBM on Wednesday announced an alliance with the Department of School Education of Arunachal Pradesh to introduce 'STEM for Girls' programme in over 130 secondary and higher secondary schools across 15 districts of the state. With the alliance, more than 13,500 students in grades 8-10 will have exposure [...]
Global engineering and product development digital services firm Tata Technologies has shown interest in setting up an electric vehicle production centre in Punjab, a state government release said on Wednesday. A delegation of Tata technologies called on Punjab Chief Minister Bhagwant Mann on Wednesday here at his official residence, said the release. During deliberations, the delegation [...]
Adani Green Energy Ltd (AGEL) on Wednesday posted over 16 per cent rise in its consolidated net profit to Rs 121 crore in the March quarter compared to year ago, mainly on the back of higher revenues. The consolidated net profit of the company was Rs 104 crore in the quarter ended on March 31, [...]
Mumbai, May 4 (PTI) Equity markets fell sharply in late afternoon trade on Wednesday, with the Sensex crashing 1,060.64 points after the Reserve Bank increased the benchmark lending rate to 4.40 per cent in a bid to contain inflation.The 30-share BSE benchmark tumbled 1,060.64 points or 1.86 per cent to 55,915.35 in late afternoon trade. [...]
Mumbai, May 4 (PTI) The Reserve Bank on Wednesday announced a hike in cash reserve ratio (CRR) by 50 basis points to 4.5 per cent, effective May 21, which will take out Rs 87,000 crore liquidity from the system.The decision was announced by RBI Governor Shaktikanta Das after an off-cycle meeting of the rate-setting panel [...]
