Mumbai, Mar 1 (PTI) Nasdaq-listed Concentrix Corporation, which provides customer experience solutions and technology, will double its headcount here to over 5,000 this year.Concentrix Catalyst, the local arm of the US parent, already employs 2,500 here, having hired more than 300 in the last quarter alone at the newly-created experience design and engineering team, it [...]

New Delhi, Mar 1 (PTI) India's cashless retail transactions on UPI platform were worth Rs 8.27 lakh crore in February, slightly lower than the amount recorded in the previous month, data from the National Payments Corporation of India (NPCI) showed on Tuesday. There were a total of 452 crore (4.52 billion) transactions in February 2022. [...]

New Delhi, Mar 1 (PTI) Nearly 30 per cent wealth of Indian ultra-high-net-worth individuals (UHNWIs) was allocated towards purchase of principal and second housing properties last year, according to Knight Frank. In its attitude survey, part of the Wealth Report 2022, property consultant Knight Frank India said that 29 per cent wealth of Indian UHNWIs, [...]

New Delhi, Mar 1 (PTI) Tech giant Microsoft has said its Chief Executive Officer Satya Nadella's son Zain Nadella has died.Zain was 26 and was born with cerebral palsy."Very sadly Satya’s son Zain Nadella has passed away. The Nadellas are taking time to grieve privately as a family," a Microsoft spokesperson said in response to [...]

Mumbai, Mar 1 (PTI) The US-based Tarsadia Foundation has tied up with Dasra to launch a 'resilience fund' to help communities impacted by the pandemic by supporting non-profits with a financial aid of over Rs 500 crore over 10 years. Maya Patel, executive chair of the foundation, said with the third wave of the pandemic [...]

New Delhi, Mar 1 (PTI) Hyundai Motor India on Tuesday reported a 14 per cent decline in total sales at 53,159 units in February. The company had sold 61,800 units in the same month last year, Hyundai Motor India said in a statement. Domestic sales were down 14.6 per cent to 44,050 units last month [...]

New Delhi, Mar 1 (PTI) Fintech firm BharatPe's managing director Ashneer Grover has resigned minutes after receiving an upcoming board meeting agenda, which included consideration of action against him based on the report submitted by advisory firm PwC."Ashneer Grover resigned as Managing Director and from the Board Director of BharatPe minutes after receiving the agenda [...]

New Delhi, Mar 1 (PTI) IIFL Asset Management Ltd on Tuesday said it has acquired a minority stake in OmniActive Health Technologies, which offers a wide range of natural nutraceutical ingredients. Financial details were not disclosed. The investment has been made through IIFL Asset Management Ltd (IIFL AMC)Special Opportunities Fund series, according to a statement. Established in 2005, [...]

New Delhi, Mar 1 (PTI) Niti Aayog is in the process of developing a National Gender Index to measure the progress and identify the persisting gaps in gender equality to make informed policy decisions. In its latest annual report, Niti Aayog said the index will serve as a tool to map the progress of states [...]

New Delhi, Mar 1 (PTI) Toyota Kirloskar Motor on Tuesday said its sales declined by 38 per cent to 8,745 units in February.The company had dispatched 14,075 units to dealers in the domestic market in February 2021."The overall sentiment in the market continues to remain positive as we witness a steady surge in demand trends. [...]

New Delhi, Mar 1 (PTI) Tata Motors on Tuesday said its total domestic sales increased by 27 per cent year-on-year to 73,875 units in February.The company had dispatched 58,366 units in February 2021.The auto major said its passenger vehicle sales in the domestic market last month rose by 47 per cent to 39,981 units compared [...]

New Delhi, Mar 1 (PTI) Nissan India on Tuesday said its total wholesales grew 57 per cent to 6,662 vehicles in February.The company sold 2,456 units in the domestic market and exported 4,206 units last month.The automaker had dispatched 4,244 units in the same month last year."While the demand for the game-changer SUV Nissan Magnite [...]

Islamabad, Mar 1 (PTI) A 10-member Indian delegation has arrived in Pakistan for the annual meeting of the Permanent Commission on Indus Waters (PCIW) and the two sides will discuss among other topics arrangements about flood flow information during the current season and finalise future programmes, meetings and inspections.The delegation, headed by the Indian Commissioner [...]

New Delhi, Mar 1 (PTI) Skoda Auto India on Tuesday reported an over five-fold surge in sales to 4,503 units last month, riding on the success of its mid-sized SUV Kushaq.The company had sold 853 units in the same month last year.The sales in February 2022 were driven primarily by Kushaq SUV, Skoda Auto India [...]

New Delhi, Mar 1 (PTI) Hero Electric on Tuesday unveiled a new two-wheeler Hero Eddy for the domestic market.The electric scooter is easy to manoeuver product that strikes a perfect balance between technology and convenience to fulfil the need for short-distance commutes to next-door coffee shops, golf courses and gymnasium etc, the company said in [...]

New Delhi, Mar 1 (PTI) MG Motor India on Tuesday said its retail sales increased 5 per cent year-on-year to 4,528 units in February.The automaker had retailed 4,329 units in February 2021."The demand remains robust as the company has garnered a healthy booking pace and is experiencing a promising growth momentum while working its way [...]

New Delhi, Mar 1 (PTI) Fintech firm BharatPe's managing director Ashneer Grover has resigned minutes after receiving an upcoming board meeting agenda, which included consideration of action against him based on the report submitted by advisory firm PwC."Ashneer Grover resigned as Managing Director and from the Board Director of BharatPe minutes after receiving the agenda [...]

New Delhi, Mar 1 (PTI) India's power consumption growth remained subdued at 2.2 per cent year-on-year in February to 105.54 billion units (BU), showing the impact of local restrictions imposed by the states due to the third wave of COVID-19.Power consumption in February 2021 was 103.25 BU, a tad lower than 103.81 BU in the [...]

New Delhi, Mar 1 (PTI) A detailed disclosure framework for Corporate Social Responsibility (CSR) spending by companies notified by the government is a "positive step" as it brings transparency, HCL Foundation Director Nidhi Pundhir has said.Speaking to PTI, Pundhir said HCL Foundation -- CSR arm of HCL Technologies -- had been disclosing the details of [...]

Mumbai, Mar 1 (PTI) Domestic stock, bond, commodity and forex markets will remain closed on Tuesday on account of 'Mahashivratri'. PTI BAL BAL