New Delhi, Dec 3 (PTI) Senior officials of India and the UAE would meet here next week for the third round of negotiations for the proposed free-trade agreement, where both the sides aim at concluding the talks, the commerce ministry said on Friday. Under a free-trade agreement, two trading partners reduce or eliminate customs duties [...]

New Delhi, Dec 3 (PTI) In a setback to PepsiCo India, the plant varieties protection authority PPV&FR on Friday revoked its varietal registration certificate which was granted to the food and beverages major on a potato variety 'FL-2027' in the country. Reacting to the development, PepsiCo said it is in the process of reviewing the [...]

New Delhi, Dec 3 (PTI) Asserting that Indian banks have been behind the curve in tapping payments technology, Kotak Mahindra Bank Managing Director Uday Kotak on Friday said they need to wake up before large parts of the traditional financial markets move out from them. Indian bankers have been short-sighted on the payments business in [...]

New Delhi, Dec 3 (PTI) The electronics and IT ministry on Friday released a national strategy on blockchain for adopting the technology in government systems especially for e-governance services. The ministry has adopted a multi-institutional approach for the national blockchain framework, which includes C-DAC for research and development of the framework, NIC and NICSI for [...]

New Delhi, Dec 3 (PTI) Drug maker Eris Lifesciences on Friday said it has formed a joint venture with Mumbai-based MJ Biopharm to enter the insulin segment. Eris MJ Biopharm, the 70:30 joint venture (with Eris holding a 70 per cent stake), would primarily engage in marketing and distribution of human and analogue insulin including [...]

Mumbai, Dec 3 (PTI) The Minister of State for Ports, Shipping and Waterways, and Tourism Shripad Naik on Friday visited the country's premier container traffic port JNPT. The minister was briefed by the officials about the port's future expansion plans as well as a host of initiatives undertaken by it to enhance its ease of [...]

New Delhi, Dec 3 (PTI) Google CEO Sundar Pichai on Friday said it is important to have a balance between open internet and regulations that can help support the open exchange of ideas and create opportunities. Speaking at the HT Leadership Summit 2021, Pichai said the tech giant remains committed to playing a strong enabling [...]

New Delhi, Dec 3 (PTI) The government on Friday said 14 railway projects having an estimated cost of Rs 22,067 crore are being undertaken towards increasing the efficiency and further enhancing the capacity of the coal evacuation process, a move that will help in reducing the time and cost incurred in the transportation of the [...]

New Delhi, Dec 3 (PTI) The Department of Telecom (DoT) has released bank guarantees of around Rs 9,200 crore of Bharti Airtel, Vodafone Idea and Reliance Jio deposited for licence fee and spectrum usage charges, official sources aware of the development said. The move is part of a reform package announced by the government in [...]

Mumbai, Dec 3 (PTI) Impact investments have grown 26 per cent annually over the past decade to USD 10.8 billion, but 97 per cent of the funds have come from offshore family offices and high networth individuals/institutions, with the domestic contribution being only the rest at USD 279.5 million, says a report. The 3 per [...]

Beijing/Vientiane, Dec 3 (PTI) China on Friday launched the first USD 6 billion cross-border train of its multi-billion-dollar Belt and Road Initiative (BRI) from Laos, which Beijing says will help the small and only landlocked country in South East Asia turn into a land-linked hub, boost regional connectivity and supply chain resilience. Chinese President Xi [...]

New Delhi, Dec 3 (PTI) The Central Vigilance Commission (CVC) on Friday asked all public sector banks, insurance companies and government departments to follow time limit set by it for timely completion of disciplinary proceedings against the corrupt officials.In an order, it said that all the Inquiry Officers be asked to submit a monthly report [...]

New Delhi, Delhi, India (NewsVoir) The first edition of the on-ground Univo Job Placement drive concluded successfully on 2 December 2021 at Amity University, Noida campus. A series of on-ground placement drives are planned by the Edtech firm for its integrated partner Amity University Online. This initiative will travel across the country and open new [...]

Mumbai, Maharashtra, India – Business Wire India Oneiric Gaming founded in 2020 is now backed by Actor Rannvijay Singha to acquire a large number of userbases for their Oneiric (dream) games. TV’s popular reality show icon with successful properties like MTV Roadies &Splitsvilla under his belt, now also the host of Shark Tank India, an [...]

A one-of-a-kind programme that will allow travellers to monetize their travel recommendations on Goibibo Gurugram, Haryana, India (NewsVoir) Our itineraries are a true reflection of the effort we enthusiastically put in to discover, shortlist and finalize the best travel experiences for ourselves. As much as we enjoy curating our itineraries, we love sharing our travel [...]

New Delhi, Dec 3 (PTI) Agri start-up AgNext Technologies on Friday said it has partnered with cooperative Nafed in a first-of-its-kind initiative to digitise quality assessment for Arunachal Pradesh's organic kiwis. These organic kiwis were launched in New Delhi last week by the Arunachal Pradesh Agriculture Marketing Board (APAMB) along with NAFED as the marketing [...]

New Delhi, Dec 3 (PTI) The government on Friday said there is no proposal to ban any group named ‘NSO Group’ and it does not have any information on whether the US has blacklisted the group for providing Pegasus spyware. Minister of State for Electronics and IT Rajeev Chandrasekhar was responding to a written question [...]

Islamabad, Dec 3 (PTI) Pakistan on Friday agreed to let India transport 50,000 metric tonnes of wheat and life-saving drugs as humanitarian assistance for the people of Afghanistan on Afghan trucks through the Wagah border crossing, after a row erupted between the two countries over the modalities of transportation.On Thursday, India said that discussions with [...]

Chennai, Dec 3 (PTI): Automaker Hyundai Motor India on Friday announced the launch of 'Hyundai Spotlight', a platform for budding artists across the country to showcase their talent, in association with Universal Music. The collaboration is set forth to release of first song 'Dhoonde Sitaare', featuring renowned singers Aastha Gill and King, a company statement [...]

New Delhi, Dec 3 (PTI) Agriculture Minister Narendra Singh Tomar on Friday informed Parliament that farmers' income is steadily increasing in the country, including in Uttar Pradesh. The minister said this in his written reply to the Rajya Sabha while responding to a query asked by Samajwadi Party leader Rewati Raman Singh. "The income of [...]

New Delhi, Dec 3 (PTI) Billionaire investor Masayoshi Son on Friday said he believes in the bright future of India and passion of its young entrepreneurs, and noted that the SoftBank Group has already invested USD 14 billion into the country in the past 10 years, as the biggest foreign investor here. Speaking at the [...]

New Delhi, Dec 3 (PTI) The government on Friday said there has been no acute shortage of essential fertilisers in the country and it has made sufficient supply of di-ammonium phosphate (DAP), a key crop nutrient, to meet the requirement during the ongoing rabi (winter-sown) season. In a written reply to the Lok Sabha, Chemicals [...]

Bengaluru, Dec 3 (PTI) Following are vegetable rates quoted at Agriculture Produce Marketing Committee (APMC), rates per qintal: Cauliflower 1,000-7,000, Brinjal 250-6,500, Tomato 400-7,700, Bitter Gourd 2,000-5,100, Bottle Gourd 2,000-5,500, Ash Gourd 800-2,500, Green Chilli 110-4,400, Banana Green 500-3,600, Beans 400-9,000, Green Ginger 600-4,000, Carrot 1,000-6,900, Cabbage 1,200-6,900, Ladies Finger 250-6,800, Snake Gourd 2,800-4,000, Beetroot [...]

Chennai, Dec 3 (PTI): Emerald Haven Realty Ltd (TVS Emerald), the real estate division of TVS Group, on Friday announced the rolling out of new finance scheme for its project TVS Emerald Atrium to home-buyers. The gated apartment project is part of 18-acre community development 'TVS Emerald Green Acres' coming up in neighbouring Perungalathur. According [...]

New Delhi, Dec 3 (PTI) Power appliance maker Microtek is planning to invest Rs 500 crore to boost its electric product business over the next one year, a senior company official said on Friday.The company will primarily make investments in research and development and ramping up the manufacturing of its products."We have crossed Rs 250 [...]

Chennai, Dec 3(PTI): Two- and three-wheeler maker TVS Motor Company on Friday said it has handed over Rs 3 crore to Tamil Nady Chief Minister's Relief Fund towards flood relief. "TVS Motor Company Chairman Venu Srinivasan handed over the cheque for the sum to Chief Minister M K Stalin," a press release said here. Heavy [...]

New Delhi, Dec 3 (PTI) The commerce and industry ministry on Friday said integrated infrastructure and coordinated efforts in line with the PM Gati Shakti National Master Plan will help in augmenting coal production in the country. The issue was discussed during a meeting, organised under the chairmanship of NITI Aayog CEO Amitabh Kant, to [...]

Bengaluru, Dec 3 (PTI) Karnataka Large and Medium Industries Minister Murugesh Nirani on Friday called on Fintech companies to invest in the state and promised to provide all possible assistance. He said building a strong financial industry ecosystem across districts in Karnataka is a priority for the government. "Fintech is a big emerging industry for [...]

New Delhi, Dec 3 (PTI) Larsen & Toubro (L&T) on Friday said it has entered into a pact with Kemroc, a global manufacturer of attachments for excavators and backhoe loaders, to distribute the latter's cutting-edge products in India. The agreement covers Kemroc-developed special attachments, including its patented EK series of chain cutters. These chain cutters [...]

India, 3rd December 2021: SRV Media, a leading integrated digital marketing and communication firm, certified by ISRO (ISO 27001:2013 - International standard recognized globally for managing information security risks, ISO 9001:2015 – a certification that helps improve the overall quality of the products and services provided by an organization), forayed into the Eastern region by [...]

New Delhi, Dec 3 (PTI) The Government on Friday sought Parliament's nod to infuse over Rs 62,000 crore into the company that holds residual assets and liabilities of Air India after its privatisation, as part of over Rs 3.73 lakh crore additional spending planned in the current financial year. The extra spending would include Rs [...]

New Delhi, Dec 3 (PTI) Online grocery delivery company Satvacart has said it is in advanced discussions for closing a USD 50 million (Rs 375 crore) funding round from marquee VC funds and family offices. The Gurugram-based company said it has closed a pre-series A round of funding. The round saw participation from angel investors [...]

New Delhi, Dec 3 (PTI) The Indian Renewable Energy Development Agency Ltd (IREDA) has entered into a pact with THDC India Ltd (THDCIL), under which it will provide techno-financial expertise in developing renewable energy projects. Both the entities have signed a Memorandum of Understanding (MoU) to this effect. Under the MoU, IREDA will undertake techno-financial [...]

New Delhi, Dec 3 (PTI) Billionaire investor Masayoshi Son on Friday said he believes in the bright future of India and the passion of its young entrepreneurs and noted that SoftBank Group has infused USD 3 billion into the country this year alone, underlining commitment to the market.Speaking at the InFinity Forum, Son, the chief [...]

New Delhi, Dec 3 (PTI) India is looking forward to leveraging the stack it has built in the digital payments space and the National Payments Corporation of India (NPCI) is reaching out to many countries to help them build their own payment systems, its MD & CEO Dilip Asbe said on Friday.Different countries need to [...]

Mentorship, funding opportunity, incubation, and cash awards form part of the programme Kolkata, West Bengal, India – Business Wire India The much-awaited Tata Social Enterprise Challenge 2021-22 is back in its 10th edition to find India’s most promising early-stage social innovators. Hosted by the Tata Group along with the Indian Institute of Management (IIM Calcutta), [...]

Mumbai, Dec 3 (PTI) The National Basketball Association (NBA) and private broadcasting group Viacom18 on Friday entered into a multi-year partnership to live-broadcast NBA games and programming across television and over-the-top streaming. Under the agreement (commercial details and the duration of the same are not disclosed), Viacom18 will distribute live NBA games in English and [...]

Colombo, Dec 3 (PTI) China has suspended a project to install hybrid energy plants in three islands of Sri Lanka, citing "security concern" from a "third party", amid reports of India raising concern over its location. In January, the Chinese firm, Sino Soar Hybrid Technology, was awarded the contract to install a hybrid renewable energy [...]

Appoints Commodore Rakesh Anand as Head of Marine Division New Delhi, Delhi, India (NewsVoir) On the glorious occasion of Navy Week 2021, the Crown Group, which is a technology provider and a strategic partner to India’s defence sector, reaffirms its commitment to provide its best contribution and impetus to the 'Atmanirbhar Bharat’ mission for the [...]

New Delhi, Dec 3 (PTI) Two-wheeler market leader Hero MotoCorp on Friday announced the expansion of operations in Argentina with the opening of its flagship dealership in Buenos Aires in partnership with Gilera Motors Argentina. Gilera Motors Argentina (GMA) will make new investments to rapidly expand all business operations for Hero MotoCorp's products. This is [...]

Announces Strategic Investments in Tobox Ventures (GoKhana), a Food Tech Firm Panipat, Haryana, India – Business Wire India GRM Overseas Limited (herein referred to as “GRM”), one of India’s leading basmati rice exporters and a niche consumer staples player, today announced the set up of its Food Tech Fund under the aegis of its subsidiary [...]

MUMBAI, India, Dec. 3, 2021 /PRNewswire/ -- Aurionpro is pleased to announce landmark order win from High Court of Madhya Pradesh for the complete digitisation and implementation of Video Surveillance Systems and Live Audio-Visual Streaming System. This project is valued close to INR 190 Crores and comprises of supply, installation, commissioning and maintenance of Integrated [...]

Contextual Capabilities Drive Increases in Click Through Rates up to 120% and Improve Cost Per Click by up to 36% MUMBAI, India, Dec. 3, 2021 /PRNewswire/ -- Integral Ad Science (Nasdaq: IAS), a global leader in digital media quality, today announced the expansion of its Context Control solution for advertisers and publishers globally, giving customers [...]

GURUGRAM, India, Dec. 3, 2021 /PRNewswire/ -- Ecom Express Private Limited, one of the leading technology-enabled end-to-end logistics solutions providers to the e-commerce industry, announced the launch of its first all-women Delivery Center in Delhi today. The all-women Delivery Center is an initiative towards empowering women and providing them financial independence while strengthening the company's [...]

By Lalit K Jha Washington, Dec 3 (PTI) Indian-American Gita Gopinath, the chief economist of International Monetary Fund, is being promoted as IMF’s First Deputy Managing Director, the fund announced Thursday. She would replace Geoffrey Okamoto who plans to leave the Fund early next year. Gopinath, who was scheduled to return to her academic position [...]

New Delhi, Dec 2 (PTI) The government has procured paddy worth Rs 57,032 crore so far in the 2021-22 kharif marketing season."The paddy procurement is progressing smoothly in Kharif Marketing Season (KMS) 2021-22 at MSP from farmers, as was done in previous years," an official statement said.A quantity of 290.98 lakh tonnes of paddy has [...]

New Delhi, Dec 2 (PTI) Meta (formerly Facebook) on Thursday announced a slew of steps to protect woman users on its platform, including the launch of StopNCII.org in India that aims to combat the spread of non-consensual intimate images (NCII). Meta has also launched the Women's Safety Hub, which will be available in Hindi and [...]

New Delhi, Dec 2 (PTI) Rakesh Jhunjhunwala backed furniture start-up Arrivae is planning to hire 500 studio designers as it looks to increase the store count by three-fold across the country. The company at present operates 35 stores in 19 cities. "While we are already present in all these cities, we aim to go deeper [...]

Mumbai, Dec 2 (PTI) Looking to cash in on the emerging opportunities in the areas of aviation, aerospace and defence, leading MRO player Air Works on Thursday said it has revamped its brand logo after more than a decade. MRO refers to maintenance, repair and overhaul. Established in 1951, Air Works Group has a presence [...]

New Delhi, Dec 2 (PTI) Nearly 3,000 international passengers arrived at the Delhi airport on Thursday, including from the UK, France and Germany, and officials said at least six more people tested positive for COVID-19. Strict norms, including mandatory COVID test, are in place for passengers coming from 'at-risk' countries in the wake of the [...]

New Delhi, Dec 2 (PTI) Markets regulator Sebi has provided relaxation with regard to the minimum promoter lock-in norm to Ujjivan Small Finance Bank (SFB) and its promoter Ujjivan Financial Services, for the purpose of their amalgamation. On October 30, the bank had approved the scheme of amalgamation between Ujjivan Financial Services (transferor company) and [...]

New Delhi, Dec 2 (PTI) Tata Power on Thursday said it has got shareholders' approval to amend a scheme of arrangement to keep Tata Power Solar Systems Ltd (TPSSL) as an independent entity, contrary to its earlier plan to merge it with itself. Tata Power had given a postal ballot notice to amend the amalgamation [...]

New Delhi, Dec 2 (PTI) Biotechnology major Biocon on Thursday said its unit has received approval from the US health regulator to market a generic product. Biocon Pharma, a subsidiary of the company, has received approval from the US Food and Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Mycophenolic Acid, the [...]

Kolkata, Dec 2 (PTI) The residential apartment registrations in Kolkata saw a sharp decline of 62 per cent in November this year compared to the corresponding period 2020, a leading real estate consultancy firm said. Some builders said that the registrations might have slowed down as the ready stock from the builders had depleted in [...]

New Delhi, Dec 2 (PTI) Asian Development Bank (ADB) has approved nearly Rs 3,752 crore funding to the government for enhancing quality of school education and also to mitigate the impact of coronavirus pandemic on students' learning. ADB has approved USD 500 million (about Rs 3,752 crore) loan to help the government of India improve [...]