by PTI News | May 2, 2022 | 10:16 pm | News
New Delhi, May 2 (PTI) Automaker Volkswagen India on Monday said it has increased prices of Taigun and Tiguan by up to 4 per cent with immediate effect in order to partially offset the impact of high input costs. Owing to the rising input costs, effective May 2, the brand announces a price revision of [...]
by PTI News | May 2, 2022 | 10:12 pm | News
New Delhi, May 2 (PTI) Internet firm Info Edge, which owns several online platforms like Naukri and Jeevansathi, is planning to co-invest with global investment firm Temasek in three schemes that will have a total corpus of USD 325 million (about Rs 2,800 crore) for funding start-ups, a top official of the company said on [...]
by PTI News | May 2, 2022 | 10:03 pm | Company Results, News
Mumbai, May 2 (PTI) Tax devolution by the central government is likely to exceed the budget estimate by at least Rs 1.1 lakh crore in FY23, leading to compression in the gross borrowing by states to Rs 8.4 lakh crore, a report said on Monday. However, the borrowing cost for the states has went up [...]
by PTI News | May 2, 2022 | 9:57 pm | News
Berlin, May 2 (PTI) Prime Minister Narendra Modi said on Monday that the partnership between India and Germany could serve as an example of success in a complex world as the two sides inked several agreements focused on sustainable development under which India would receive USD 10.5 billion assistance by 2030 to boost the use [...]
by PTI News | May 2, 2022 | 9:55 pm | IPO, News
New Delhi, May 2 (PTI) The anchor investor portion of LIC's initial public offering has been subscribed fully, garnering around Rs 5,620 crore, according to an official. The issue opened for anchor investor subscription on Monday and saw 'excellent' response, the official said, adding that the list will be uploaded to exchanges tonight. "Anchor book [...]
by PTI News | May 2, 2022 | 9:50 pm | News
New Delhi, May 2 (PTI) Ishares Core Total International Stock Mauritius Company on Monday offloaded 13.33 lakh shares of farm machinery major Escorts Ltd for nearly Rs 211 crore through an open market transaction. According to bulk deal data available with the National Stock Exchange (NSE), Ishares Core Total sold a total of 13,33,741 shares, [...]
by PTI News | May 2, 2022 | 9:46 pm | News
Mumbai, May 2 (PTI) Open, a fintech startup, on Monday said it has raised USD 50 million (about Rs 382 crore) in a round of funding led by the brokerage IIFL. The round also saw participation from existing investors like Temasek, Tiger Global and 3one4 Capital. The Bengaluru-headquartered company also announced that with this fund [...]
by PTI News | May 2, 2022 | 9:32 pm | News
New Delhi, May 2 (PTI) The government on Monday said it is promoting the use of 'Kisan drones' and conditions are favourable to take such technology to the farmers. Addressing a conference, Agriculture Minister Narendra Singh Tomar said modernisation of the agricultural sector is on the agenda of the government. Kisan drones are being promoted [...]
by PTI News | May 2, 2022 | 9:25 pm | News
Berlin, May 2 (PTI) India and Germany on Monday committed to reforming the WTO with a view to strengthen its principles and functions as well as preserve the autonomy of the two-tier appellate body of the global trade organisation. Both sides also expressed their strong support for the upcoming negotiations between the European Union and [...]
by PTI News | May 2, 2022 | 9:10 pm | News
New Delhi, May 2 (PTI) Union Home Minister Amit Shah on Monday chaired a meeting of the top brass of coal, power and railway ministries amid electricity outages in various parts of the country due to shortage of coal at thermal plants, according to sources. The meeting was attended by Coal Minister Pralhad Joshi, Power [...]
