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Samsung S22 series pre-booking breaks record, co expects to outpace industry growth

New Delhi, Mar 9 (PTI) Buoyed by record pre-booking of its flagship devices in the S22 series, South Korean electronics major Samsung on Wednesday said it expects to outpace the industry growth with expansion of product ecosystem and by making premium foldable smartphones more mainstream.Samsung India senior vice president Raju Anthony Pullan told PTI that [...]

India, Canada to hold talks on proposed free trade pact on Thursday

New Delhi, Mar 9 (PTI) India and Canada on Thursday will hold discussions on ways to strengthen economic ties and proposed free trade agreement between the two countries, the commerce ministry has said.   Canadian International Trade Minister will be visiting India from March 10-13 to hold the fifth India-Canada Ministerial Dialogue on Trade and [...]

Tata Power’s Singapore JV wins bid to acquire SEUPTCL

New Delhi, Mar 9 (PTI) Tata Power on Wednesday said its Singapore-based JV Resurgent Power Ventures has won the bid to acquire the stressed asset of South East UP Power Transmission Company Limited (SEUPTCL) through its resolution process under the Insolvency and Bankruptcy Code (IBC). Tata Power did not disclose the bid offered by Resurgent [...]

Mandaviya urges industry to boost local production of medical devices

New Delhi, Mar 9 (PTI) Union minister Mansukh Mandaviya has exhorted the industry to take concrete efforts towards increasing local production of medical devices while stressing that the sector has huge potential for growth in the domestic as well in global markets, the Chemicals and Fertilizers Ministry said on Wednesday. In a meeting held on [...]

Rupee rebounds 38 paise to 76.62 against US dollar

Mumbai, Mar 9 (PTI) The rupee appreciated 38 paise to close at 76.62 against the US dollar on Wednesday following a retreat in crude oil prices and rebound in domestic equities.At the interbank forex market, the local unit opened at 76.90 against the greenback and witnessed an intra-day high of 76.53 and a low of [...]

Court sends former NSE GOO to 14-day judicial custody in co-location scam case

New Delhi, Mar 9 (PTI) A Delhi Court on Thursday sent former group operating officer (GOO) of National Stock Exchange Anand Subramanian to 14-day judicial custody in connection with the NSE co-location scam case.Special Judge Sanjeev Aggarwal remanded Subramanian to judicial custody till March 23 after he was produced before him on the expiry of [...]

Delhi govt think-tank launches initiative for world-class transformation of 1K neighbourhood parks

New Delhi, Mar 9 (PTI) Aiming world-class transformation of 1,000 neighbourhood parks in the city, the Dialogue and Development Commission (DDC) of Delhi on Wednesday launched 'Community Parks initiative', as part of Vision Delhi@2047. DDC Vice Chairman Jasmine Shah also said at an e-conclave organised by the Confederation of Indian Industry (CII) that the Kejriwal [...]

In talks with Arianespace on how to complete contracted launches: OneWeb

New Delhi, Mar 9 (PTI) Bharti-backed OneWeb has said it is in discussion with Arianespace on how its contracted launches will be completed, days after the satellite communications firm decided to suspend all launches from Russia-operated Baikonur Cosmodrome in Kazakhstan.OneWeb - where Bharti Group is the largest shareholder - has further cited ISRO's "considerable launch [...]

Credopay raises $5 mln from Ezswype, Zent

Mumbai, Mar 9 (PTI) Payments technology provider Credopay on Wednesday announced a USD 5 million (about Rs 38 crore) fundraise from Ezswype LLC and Zent International.The newly raised funds will be deployed for product development, client acquisition and marketing, the Chennai-based company said in a statement.The company offers a plug-and-play platform for payment acquisitions, payment [...]