by PTI News | Mar 12, 2022 | 4:15 pm | News
Mumbai, Mar 12 (PTI) Adobe Chairman and CEO Shantanu Narayen on Saturday said the software major's aspirations for India are not just related to products but to run global businesses from the country. He also said the company's employees in India are responsible for major part of every aspect of Adobe's business. "Our aspirations for [...]
by PTI News | Mar 12, 2022 | 4:09 pm | News
Andhra Pradesh, India (NewsVoir) SRM University-AP, the choice destination of next-generation, has taken a unique initiative, one-of-its-kind in higher education, to launch a National Talent Hunt Hackathon in collaboration with Dare2Compete. The competition aims to reach out to talented GenZ with a flair for coding. It is scheduled to be held online with two stages [...]
by PTI News | Mar 12, 2022 | 3:09 pm | Economy, News
New Delhi, Mar 12 (PTI) Interest rate on employees' provident fund deposits on Saturday was proposed to be cut to a four-decade low of 8.1 per cent for the current 2021-22 fiscal from 8.5 per cent in the previous year, sources said. This is the lowest interest rate since 1977-78 on deposits that employees make [...]
by PTI News | Mar 12, 2022 | 3:05 pm | News
New Delhi, Mar 12 (PTI) Gifting platform Ferns N Petals on Saturday said Lighthouse India Fund III has invested Rs 200 crore (USD 27 million) in it. The company plans to use the funds to invest in improving its systems and technology to enhance customer experience for all gifting occasions, Ferns N Petals (FnP) said [...]
by PTI News | Mar 12, 2022 | 2:50 pm | News
New Delhi, Mar 12 (PTI) India needs USD 20 billion (about RS 1.53 lakh crore) worth of investments each year to achieve its climate targets and fund its green transition, according to a report. The white paper by Ficci and Trilegal highlights that the country needs a large budget allocation, international finance from bilateral and [...]
by PTI News | Mar 12, 2022 | 2:49 pm | IPO, News
New Delhi, Mar 12 (PTI) Sachin Bansal-led Navi Technologies has filed preliminary papers with Sebi to raise Rs 3,350 crore through an initial public offering (IPO). The proposed IPO is completely through a fresh issue of equity shares and there will be no offer-for-sale (OFS), according to the draft red herring prospectus [...]
by PTI News | Mar 12, 2022 | 2:23 pm | Foreign Exchange and Rupee Price, News
Colombo, Mar 12 (PTI) India and Sri Lanka have signed an agreement for developing a 100 megawatt solar power plant in the island nation's eastern port district of Trincomalee, as part of the efforts to strengthen bilateral economic partnership, including through cooperation in the renewable energy sector. The signing ceremony took place on Friday at [...]
by PTI News | Mar 12, 2022 | 2:13 pm | News
New Delhi, Mar 12 (PTI) The textile ministry has received applications from as many as 67 companies to avail benefits of the production linked incentive (PLI) scheme for man-made fibres and technical textile sectors, a top government official said on Saturday. The PLI scheme for textiles covers 40 man-made fibre (MMF) garment items, 14 MMF [...]
by PTI News | Mar 12, 2022 | 1:57 pm | News
Pune, Maharashtra, India (NewsVoir) With global events sparking uncertainty and infusing a fresh dose of volatility into the market, investors may be eager to trade risk for fixed returns. Bajaj Finance Fixed Deposit, for instance, removes the “fear factor” as its returns are not linked to the market’s performance. It offers an FD rate of [...]
by PTI News | Mar 12, 2022 | 1:28 pm | Economy, News
New Delhi, Mar 12 (PTI) Homebuyers' apex body FPCE expects the implementation of realty law RERA to improve following the Supreme Court's recent direction to the Centre to examine the rules framed by states and see whether those subserve the consumers' interest. Last month, the Supreme Court directed the Centre to examine whether the rules [...]