.

Huawei’s Meng says US sanctions significantly hurting Chinese telecom giant; posts worst annual revenue performance

Beijing, Mar 28 (PTI) Huawei posted its worst revenue performance last year as the Chinese telecom giant's high-profile CFO, Meng Wanzhou, who was released last year after a three-year detention in Canada over charges of violating US sanctions against Iran said on Monday that the American curbs on her firm “significantly affected” its profits. Huawei, [...]

Pixxel raises $25 mn from Radical Ventures, others

New Delhi, Mar 28 (PTI) Space tech startup Pixxel on Monday said it has raised USD 25 million in a series A funding round led by Toronto-based Radical Ventures. Jordan Noone, Seraphim Space Investment, Lightspeed Partners, Blume Ventures, Sparta LLC and Inventus Capital India also participated in the funding round. Pixxel CEO and co-founder Awais [...]

Aurobindo Pharma acquires Veritaz formulation biz for Rs 171 cr

New Delhi, Mar 28 (PTI) Aurobindo Pharma Ltd on Monday said it has acquired the domestic formulation business of Veritaz for a consideration of Rs 171 crore on debt-free cash-free basis. This acquisition vehicle will greatly help Aurobindo as a launch pad for marketing biosimilar and other products in India, the company said in a [...]

GSI, MECL submit geological reports of 25 mineral blocks to states

New Delhi, Mar 28 (PTI) Geological Survey of India (GSI) and Mineral Exploration Corporation Ltd (MECL) have submitted geological reports of 25 blocks of minerals such as emerald, glauconite and potash, to state governments and now states can initiate the process for auction of these blocks, Parliament was informed on Monday. The new minerals for [...]

No major impact of strike on banking services in Rajasthan

Jaipur, Mar 28 (PTI) Banking services were not affected majorly in Rajasthan due to the nation-wide strike called by central trade unions to protest against the policies of the Union government, according to a union official. Only three out of nine bank unions have given a call for the strike so banking services were not [...]

Over 900 sheep, goat units set up under J-K govt scheme in 2021-22

Jammu, Mar 28 (PTI) Over 900 sheep and goat units have been established in the financial year 2021-22 under the Integrated Sheep Development Scheme (ISDS) in Jammu and Kashmir, officials said on Monday.ISDS is one of the schemes of the Jammu and Kashmir sheep husbandry department aimed at achieving breakthroughs in wool and mutton production [...]

GOQii raises Rs 76 cr from Animoca Brands for building health metaverse

New Delhi, Mar 28 (PTI) Health tech firm GOQii has raised USD 10 million (about Rs 76 crore) from Animoca Brands for building its health metaverse, a top official of the company said on Monday. The company had raised USD 50 million in February last year in a series C round led by Sumeru Ventures [...]

Food startup FairPlum raises USD 2 mn from Unicorn India Ventures, others

New Delhi, Mar 28 (PTI) Food startup FairPlum on Monday said it has raised USD 2 million (around Rs 15 crore) in a funding round led by early stage focused VC, Unicorn India Ventures.Other investors in the seed fund round include Unilever Vice President - R&D Vivek Sirohi; Agri-Bazaar Co-Founder & CEO Amith Agarwal; Dinshaw [...]

Raj govt taking steps for welfare of farmers: Gehlot

Jaipur, Mar 28 (PTI) The Rajasthan government has not only talked about farmers' interest but has also taken steps for their welfare, Chief Minister Ashok Gehlot said on Monday. Gehlot mentioned that Rajasthan was the first state in the country to announce a separate budget for agriculture. Presenting a separate agriculture budget this year, the [...]

Das for 100 pc self-sufficiency in banknote manufacturing

Mumbai, Mar 28 (PTI) Reserve Bank of India Governor Shaktikanta Das on Monday stressed on achieving 100 per cent self-sufficiency in banknote manufacturing in the near future. He was speaking after dedicating Varnika, the ink manufacturing unit of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), to the nation in Mysuru. BRBNMPL, a wholly-owned subsidiary [...]
×