New Delhi, Nov 24 (PTI) Union Minister Bhagwanth Khuba on Wednesday said a scheme for boosting research and development of electrolysers will be rolled out soon, a step in the direction of achieving India's renewable energy targets. An electrolyser is a system that uses electricity to break water into hydrogen and oxygen in a process [...]

New Delhi, Nov 24 (PTI) The Union Cabinet on Wednesday approved a bill to repeal the three farm laws, which triggered protests at Delhi borders by thousands of farmers. This was announced by I&B Minister Anurag Thakur after the Cabinet meeting chaired by Prime Minister Narendra Modi. Thakur said the Cabinet completed the formality of [...]

New Delhi, Nov 24 (PTI) Start-up electric vehicles charge point operator Magenta on Tuesday said it will invest about Rs 250 crore to set up a manufacturing unit in Tamil Nadu. The plant will focus on design, product development and architecture standards for EV (electric vehicles) technologies in the e-mobility space, the company said in [...]

New Delhi, Nov 24 (PTI) Stock exchange BSE on Wednesday said it has collaborated with the Madurai District Gold and Silver Merchant Association to provide impetus for the growth and development of commodities and the proposed electronic gold receipt (EGR) market in India. Through this association, both entities, as well as the stakeholders they serve, [...]

New Delhi, Nov 24 (PTI) Refined soya oil prices on Wednesday rose by Rs 5.2 to Rs 1,242.5 per 10 kg in futures trade as speculators raised their bets. On the National Commodity and Derivatives Exchange, refined soya oil for December delivery moved up by Rs 5.2 or 0.42 per cent, to Rs 1,242.5 per [...]

New Delhi, Nov 24 (PTI) Crude oil prices on Wednesday rose by Rs 6 to Rs 5,889 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for December delivery traded higher by Rs 6, or 0.1 per cent, to Rs 5,889 per barrel in 4,261 [...]

New Delhi, Nov 24 (PTI) Guar seed prices on Wednesday went down by Rs 77 to Rs 6,136 per 10 quintal in futures trade. On the National Commodity and Derivatives Exchange, guar seed contracts for December delivery was trading at Rs 6,136 down by Rs 77, or 1.24 per cent per 10 quintal with an [...]

Mumbai, Nov 24 (PTI) Even as there is a surge in adoption of digital banking, physical branches will continue to be relevant as a large percentage of customers are more comfortable doing transactions at branches, according to bankers. Banks should make efforts in educating customers about various aspects of digital banking so that they can [...]

Mumbai, Nov 24 (PTI) Even as there is a surge in adoption of digital banking, physical branches will continue to be relevant as a large percentage of customers are more comfortable doing transactions at branches, according to bankers. Banks should make efforts in educating customers about various aspects of digital banking so that they can [...]

New Delhi, Nov 24 (PTI) Guar gum prices on Wednesday fell Rs 273 to Rs 11,110 per five quintal in futures market as traders offloaded their holdings in line with weak trend in spot market.On the National Commodity and Derivatives Exchange, guar gum for December delivery slipped by Rs 273, or 2.4 per cent, to [...]

New Delhi, Nov 24 (PTI) Ohmium International on Wednesday said its subsidiary enArka India has shipped its first unit of electrolyser to the US as a first step towards establishing the country as a global hub for green hydrogen generation. An electrolyser is a system that uses electricity to break water into hydrogen and oxygen [...]

Mumbai, Nov 24 (PTI) Industrial and logistics parks developer IndoSpace on Wednesday said it will invest Rs 1,000 crore in a new joint venture with the Pune-based KSH INFRA to develop a 10 million square feet portfolio of warehousing and logistics parks across the country, over the next five years. The partnership will focus on [...]

New Delhi, Nov 24 (PTI) National Health Authority CEO and senior member of founding team of Aadhaar R S Sharma on Wednesday criticised some of the restrictions imposed by the Unique Identification Authority of India over use of the unique ID due to apprehensions around privacy. Sharma, who was the first director general of UIDAI, [...]

Under the agreement, Welspun One proposes to develop 4-6 industrial and warehousing projects aggregating approximately 400 acres and 8000 jobs MUMBAI, India, Nov. 24, 2021 /PRNewswire/ -- Welspun One Logistics Parks (WOLP), a pan-India integrated fund, development, and asset management platform, part of the USD 3.5 billion Welspun Group, has signed a Memorandum of Understanding [...]

New Delhi, Nov 24 (PTI) Consumer tech brand Dizo on Wednesday said it has garnered more than one million customers and clocked revenue of over Rs 100 crore within five months of launch in the country.Dizo - a brand under Realme's open partner 'TechLife' ecosystem - was launched in May this year. Its product portfolio [...]

Kolkata, Nov 24 (PTI) India has the potential to attain the top position in air travel in about a decade, Civil Aviation Minister Jyotiraditya Scindia said on Wednesday, underlining the government's commitment to pushing the sunrise sector to scale new heights. The government, he said, is committed to improving connectivity on both regional and long [...]

New Delhi, Nov 24 (PTI) Hero Electric on Wednesday reported over two-fold jump in festive season retail sales at 24,000 units during October 1 to November 15, 2021. The company had clocked 11,339-units in the same period a year ago, the company said in a statement. The recent amendment in FAME II policy (Faster Adoption and [...]

New Delhi, Nov 24 (PTI) CoreStack, a global multi-cloud governance SaaS provider, on Wednesday said it has raised USD 30 million (about Rs 223.2 crore) in funding round, led by Avatar Growth Capital. The series B round also saw participation from Dallas Venture Capital (DVC), Iron Pillar and other angel investors, a statement said. This [...]

CHENNAI, India, Nov. 24, 2021 /PRNewswire/ -- K7 Computing Private Limited, (www.k7computing.com) a global major in cybersecurity, released the K7 Cyber Threat Monitor Report Q2 2021-22 that analyses cyber threats across India. The report reveals a pan-India infection rate of 45% which is an increase from the 41% recorded in Q1 2021-22. A significant portion [...]

Mumbai, Nov 24 (PTI) The Unique Identification Authority of India (UIDAI) is looking at using smartphones as "universal authenticator" to establish a resident's identity, a top official said on Wednesday. At present, finger prints, iris and one-time password (OTP) are used for authentication and efforts are on to increase the scope of the same, its [...]

New Delhi, Nov 24 (PTI) Consumer protection regulator CCPA on Wednesday said it has stepped up crackdown on counterfeit or spurious household products like pressure cooker, two-wheeler helmet and cooking gas cylinder carrying fake 'IS mark' as apart of a special drive in the interest of public safety. Already, the Consumer Protection Authority (CCPA) has [...]

NEW DELHI, Nov. 24, 2021 /PRNewswire/ -- According to the PHDCCI Economic & Business Momentum (EBM) Index, the 25 lead economic and business indicators have shown a significant recovery at 101.6 for Q2 FY 2021-22 as compared to 96.0 for Q2 FY 2020-21, at the base of 2018-19 = 100. " The PHD Chamber of [...]

Washington, Nov 24 (PTI) A regular engagement between India and the United States under the bilateral Trade Policy Forum mechanism will help remove barriers to trade, facilitate higher levels of investment and increase two-way trade in goods and services, the US India Business Council has said, as it welcomed the outcome of the latest round [...]

Beijing, Nov 24 (PTI) As China warmed up to the Taliban regime by stepping up humanitarian aid and diplomatic support for its global recognition, Chinese firms are busy exploring contracts to exploit resource-rich Afghanistan’s mineral deposits, official media here reported on Wednesday.Representatives of several Chinese companies have arrived in Afghanistan on special visas and are [...]

New Delhi, Nov 24 (PTI) Larsen & Toubro (L&T) on Wednesday said it has entered into a pact with the Tamil Nadu government to establish a data centre in the state. L&T will establish 90 MW capacity data centres and associated units in a phased manner in Kanchipuram over the next five years. The company [...]

New Delhi, Nov 24 (PTI) Park+, a super app for car users, on Wednesday said it has raised around USD 25 million (about Rs 186 crore) in funding, co-led by Sequoia Capital India, Matrix Partners India and Epiq Capital. Existing and new investors, including AdvantEdge, Fund II - A Series of Somani Investments LP and [...]

New Delhi, Nov 24 (PTI) IndusInd Bank has clarified that Shalabh Saxena and Ashish Damani are currently employed with its wholly owned subsidiary Bharat Financial Inclusion (BFIL) as managing director & CEO, and Chief Financial Officer, respectively, countering that they have been appointed by Spandana Sphoorty Financial Ltd (SFFL). SFFL on Monday had announced the [...]

New Delhi, Nov 24 (PTI) Digital financial services company Indifi Technologies on Wednesday said it has raised Rs 340 crore in funding, including Rs 140 crore of equity funding from investors like CX Partners and OP Finnfund Global Impact Fund I. CX Partners and OP Finnfund Global Impact Fund I (the first Finnish global emerging [...]

Gurugram, Haryana, India (NewsVoir) Proximity to industrial and professional hubs, connectivity to Kundli-Manesar-Palwal expressway and Delhi-Mumbai expressway, planned infrastructural upgrades, and accessibility to education and health establishments have made Sohna synonymous to its name which means gold. The town derived its name from gold dust (sona), which was found in the beds of neighbouring streams [...]

- During 'Too Big To Miss' campaign, Hisense will provide 5 year warranty on A73F Series powered by JBL and 43 Vivid 4K TV's - Hisense has also introduced new exciting products like 65" QLED TV with Full Array Local Dimming and a 75" 8K TV with all the features one can think of in [...]

New Delhi, Nov 24 (PTI) Amid concerns over the proposed Chardham project, Union minister Nitin Gadkari on Wednesday termed allegations that road construction triggered landslides in Uttarakhand as 'misinformation' and asserted that the government is sensitive about ecology and environment while carrying out development projects. The road transport and highways minister also asserted that the [...]

MOSCOW, Nov. 23, 2021 /PRNewswire/ -- The Russian Direct Investment Fund (RDIF, Russia's sovereign wealth fund) today announced the Russian single-component Sputnik Light vaccine against coronavirus has been approved in Lao People's Democratic Republic. Thus Laos has become the 20th country to register Sputnik Light. Sputnik Light vaccine is based on human adenovirus serotype 26, [...]

Socialkyte reports over 30mn+ views across all social platforms within the first 48 hours of the launch NEW DELHI, Nov. 23, 2021 /PRNewswire/ -- With Tiktok's ban in India, the country continues to witness a rise in content creators and apps that become a voice for them to showcase their talent. The popular US-based app: [...]

Wuzhong (China), Nov 24 (The Conversation) French cosmetics giant L'Oréal has been going through a massive retail row in China after two leading social media influencers sold large quantities of the company's beauty face masks to consumers while inaccurately claiming it was the cheapest deal available anywhere. Influencers Austin Li Jiaqi and Wei Ya regularly [...]

Jammu, Nov 23 (PTI) Union Finance Minister Nirmala Sitharaman on Tuesday handed over credit sanction letters of Rs 306 crore to beneficiaries in Jammu and Kashmir and announced a host of initiatives, including a Rs 200 crore cluster development fund for the Union territory.On the final day of her two-day visit, she also virtually laid [...]

New Delhi, Nov 23 (PTI) Fashion e-commerce platform Myntra on Tuesday announced its foray into social commerce at scale with the launch of M-Live to cater to the rapidly evolving content consumption patterns and shopping preferences of consumers. M-Live brings a first-of-its-kind, interactive and real-time live shopping experience to the fingertips of millions of shoppers [...]

New Delhi, Nov 23 (PTI) As many as 30 Prakritik Paint manufacturing units -- 25 in Chhattisgarh and five in Haryana -- will be set up by the respective state governments soon, for which technology transfer agreements have been signed with the KVIC, the MSME ministry said on Tuesday.Khadi Prakritik Paint developed by Khadi and [...]

New Delhi, Nov 23 (PTI) Procter & Gamble Home Products Ltd's net profit has surged over three-folds to Rs 482.50 crore and its revenue from operation grew 6.25 per cent to Rs 6,196.03 crore in the pandemic hit FY21, as per regulatory documents. The FMCG major had logged a net profit of Rs 152.29 crore [...]

Chennai, Nov 23 (PTI): Two and three wheeler tyre manufacturer TVS Eurogrip on Tuesday said it has associated with four-time IPL winner Chennai Super Kings, owned by The India Cements Ltd, to be its principal sponsor for the next three years. Chennai Super Kings and TVS Eurogrip would launch a series of initiatives to engage [...]

New Delhi, Nov 23 (PTI) Union Minister for Road Transport and Highways Nitin Gadkari will lay the foundation stone of 25 national highway projects of a total length of 257 km with an investment of Rs 11,721 crore in Jammu on Wednesday. According to an official statement, these projects will provide all-weather connectivity between Jammu and [...]

New Delhi, Nov 23 (PTI) Indian IT services sector is expected to see a gross employee addition of about 4.5 lakh in the second half of the fiscal ended March 2022, according to a report by market intelligence firm UnearthInsight. With higher attrition in the second half of around 17 to 19 per cent, the [...]

New Delhi, Nov 23 (PTI) Kids and maternity wear retailer Me N Moms aims to have a network of 200 stores by the end of this financial year. The retailer on Tuesday opened 12 new stores in six states across India, as part of its expansion plan. The company is continuing with its store expansion [...]

Mumbai, Nov 23 (PTI) Indian GDP will grow at 8.5 per cent in 2021-22, and the rate will accelerate further to 9.8 per cent in 2022-23, a foreign brokerage said on Tuesday. The GDP had contracted by 7.3 per cent in the pandemic-hit FY21, and is widely expected to grow at a faster pace due [...]

New Delhi, Nov 23 (PTI) The Supreme Court Tuesday cautioned the NCLT and NCLAT on interference with a party's contractual right to terminate a contract and observed that the residuary jurisdiction of the tribunal cannot be invoked if the termination of a contract is based on a ground unrelated to the insolvency of the corporate [...]

New Delhi, Nov 23 (PTI) The government is likely to bring a bill in the ensuing winter session of Parliament to bar all but a few private cryptocurrencies and create a framework to regulate digital currency issued by the RBI.The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, is listed for introduction in the [...]

New Delhi, Nov 23 (PTI) Domestic exporters may soon start shipments of mangoes, such as 'Dasheri' and 'Langda', to the US as America will start accepting testing certificates of specified agencies of India, a senior government official said on Tuesday. India has not exported mangoes to the US for the last two years. The set [...]

New Delhi, Nov 23 (PTI) Procter & Gamble Home Products Ltd's net profit has surged over three-folds to Rs 482.50 crore and its revenue from operation grew 6.25 per cent to Rs 6,196.03 crore in the pandemic hit FY21, as per regulatory documents. The FMCG major had logged a net profit of Rs 152.29 crore in [...]

New Delhi, Nov 23 (PTI) Satellite service providers in the country should be allowed to directly buy capacity from an approved list of foreign players instead of going through Department of Space and paying 5 per cent charge on deals, Trai Chairman PD Vaghela said on Tuesday. He said Department of Telecom (DoT) should put [...]

Mumbai, Nov 23 (PTI) OILS (per 10 Kgs) G.Nut Raw 1380.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1220.00 Sunflower Exp.Ref. 1310.00 Cottonseed(Refined) 1290.00 Refined Palm Oil 1200.00 Soyabean Ref. 1245.00 Imp.Soyabean Crude - Rapeseed Ref. 1740.00 Rapeseed Exp. 1710.00 Copra white 1670.00 Rice Bran 4-7% FFA - Rice Bran 1240.00 Linseed 1800.00 Castor [...]

Mumbai, Nov 23 (PTI) METAL:IN RS.PER KG INCLUSIVE OF GST. COPPER :- COPPER CABEL SCRAP 728.00 COPPER HEAVY SCRAPS 718.00 COPPER ARMATURE (CREDIT) 700.00 COPPER UTENSILS SCRAP 631.00 CC ROD 785.00 BRASS :- BRASS SHEET CUTTING 544.00 BRASS UTENSIL SCRAP 485.00 BRASS HONEY 482.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 176.00 ALUMINIUM EXTRUSION SCRAP 200.00 ALUMINIUM [...]

New Delhi, Nov 23 (PTI) Leading food company Parle Products has increased the prices between 5 and 10 per cent across categories as the input cost has gone up substantially after the rise in prices of raw materials, such as sugar, wheat and edible oil, said a company official.  In the biscuit segment, Parle, which [...]

New Delhi, Nov 23 (PTI) Bayer CropScience Ltd on Tuesday said it has conducted its first drone trial at its multi-crop breeding centre in Chandipa, near Hyderabad.Sharing a message on this occasion, Union Agriculture Minister Narendra Singh Tomar said: “I’m really happy to learn that Bayer is organising a pilot project on the use of [...]

New Delhi, Nov 23 (PTI) Software-defined storage company DataCore on Tuesday said it plans to hire over 150 people in India over the next two years. The US-based company has also announced the acquisition of MayaData, the developer of OpenEBS and the developer of MayaStor, and unveiled its office facility in Bengaluru. DataCore is looking [...]

New Delhi, Nov 23 (PTI) Two entities, including promoter entity, on Tuesday acquired 3.7 per cent stake in the mining behemoth, Vedanta Ltd through open market transactions.    According to bulk deal data available with the NSE, Twin Star Holdings and Vedanta Netherlands Investments together bought 13.78 crore shares, amounting to 3.7 per cent stake, [...]

Chandigarh, Nov 23 (PTI) Punjab Agriculture Minister Randeep Singh Nabha on Tuesday raised with the Centre the demand of five lakh tonne urea needed by farmers in the state. He raised the demand with Union Minister for Chemicals and Fertilisers Mansukh Mandaviya and said the state needs five lakh tonnes of urea till December 15. [...]

Coimbatore, Nov 23 (PTI) The Tamil Nadu government on Tuesday signed 59 MoUs for projects worth Rs 35,208 crore in various sectors, including areospace and defence, which is set to create job opportunities for 76,795 people. Presiding over an investment conclave here, Chief Minister M K Stalin said attention should be paid to manufacturing related [...]

New Delhi, Nov 23 (PTI) Amazon Web Services (AWS) on Tuesday said Apollo Tyres is moving to its platform to digitise the company's manufacturing processes as well as transform customer experiences. By moving all of its IT infrastructure to AWS, the tyre manufacturer can use AWS' broad portfolio of services to innovate customer experiences while [...]

Mumbai, Nov 23 (PTI) Hospitality brand Sayaji Hotels on Tuesday announced a strategic partnership with a majority stake in integrated asset-light hotel management company Intellistay Hotels that will add 27 hotels to its current collection of 14 properties. The partnership will add 27 hotels in 15 cities to Sayaji Hotels' current collection of 14 properties [...]

New Delhi, Nov 23 (PTI) The government is fully committed to protecting privacy of individuals, IT Minister Ashwini Vaishnaw said on Tuesday, asserting that the proposed data protection Bill will further strengthen the legal framework around privacy. The minister, however, did not comment on concerns raised by some opposition MPs who gave dissent notes to [...]

New Delhi, Nov 23 (PTI) Chennai-based Repco Home Finance has invited applications from candidates for the position of its managing director and chief executive officer. Promoted by Repco Bank, Repco Home Finance has invited candidates with minimum qualification of a postgraduate degree in any subject from a UGC recognised university on a full-time basis. Any [...]

Kolkata, Nov 23 (PTI) Ambulance aggregator AmbiPalm launched its services in West Bengal on Tuesday with around 2,000 vehicles on its platform, a company official said.Ambulances can be booked through the AmbiPalm app in Kolkata, Durgapur, Kharagpur, Medinipur, Asansol and Siliguri, its director Leonard Jackson said.He said that the company has tied up with several [...]

New Delhi, Nov 23 (PTI) Markets regulator Sebi on Tuesday levied a total fine of Rs 25 lakh on an individual for insider trading in the scrip of L&T Finance Holdings Ltd. "The facts of the case clearly bring out the default made by the Noticee that being an insider, he traded in the scrip [...]

New Delhi, Nov 23 (PTI) Welspun One Logistics Parks (WOLP) plans to invest about Rs 2,500 crore in Tamil Nadu to set up six warehousing projects in the state. The company said in a statement that it has signed a Memorandum of Understanding (MoU) with Guidance, the Government of Tamil Nadu's nodal agency, for investment [...]

Mumbai, Nov 23 (PTI) India Ratings and Research on Tuesday said the average collections across its rated securitization transactions have inched up to 79 per cent in September this year from 70 per cent in May 2021. The performance of securitization transactions has witnessed a continued improvement with the increase in September collections and a [...]

New Delhi, Nov 23 (PTI) Markets regulator Sebi on Tuesday directed merchant bankers to disclose investor charter and data pertaining to the complaints they receive on their websites. The circular will come into effect from January 1, 2022. It listed the various categories for which investor charter needs to be disclosed. These categories are initial [...]

New Delhi, Nov 23 (PTI) Markets regulator Sebi on Tuesday extended the deadline till February 28 to comply with certain framework related to segregation and monitoring of collateral at client level. Earlier, the deadline was given till December 1. The Securities and Exchange Board of India (Sebi) in July came out with guidelines for segregation and [...]

New Delhi, Nov 23 (PTI) Rating agency Moody's has upgraded Bharti Airtel’s credit rating outlook to positive from stable, reflecting improvement in its financial performance and growth potential.Moody's has affirmed Bharti's Ba1 corporate family rating (CFR) and senior unsecured rating, and the Ba1 rating on the backed senior unsecured notes issued by Bharti Airtel International [...]

Bengaluru, Nov 23 (PTI) Closing bullion rates on Tuesday Standard gold : (99.5 purity) Rs 49,350 per 10 gram Ornament gold : Rs 4,602 per gram Silverspot : (.999 fineness) Rs 65,600 per kg. PTI DVR APR APR

Jammu, Nov 23 (PTI) Union Finance Minister Nirmala Sitharaman on Tuesday said all the money taken away from the banks will be taken back as the government is actively pursuing the cases of loan defaulters and will not let them go scot-free, particularly those who have fled the country. She said the central government is [...]

New Delhi, Nov 23 (PTI) The Competition Commission of India (CCI) on Tuesday approved FedEx India's acquisition of minority stake in Delhivery.It has also given nod to acquisition of certain operating assets of FedEx India and TNT India by Delhivery.Under the proposed combination, FedEx India will acquire a minority stake in Delhivery on fully diluted [...]

Washington, Nov 23 (PTI) US President Joe Biden on Tuesday announced the release of 50 million barrels of oil from the country's Strategic Petroleum Reserve to lower energy costs for Americans, a decision taken in coordination with other major economies, including India, Japan and China.Biden has been working with countries across the world to address [...]

New Delhi, Nov 23 (PTI) India will release 5 million barrels of crude oil from its emergency stockpile in tandem with the US, China, Japan, and other major economies to cool international oil prices, the government announced on Tuesday. This is the first time ever that India, which stores 5.33 million tonne or about 38 [...]

Coimbatore, Nov 23 (PTI) The Tamil Nadu government on Tuesday signed 59 MoUs for projects worth Rs 35,208 crore in various sectors, including areospace and defence, which is set to create job opportunities for 76,795 people. In all, 82 initiatives, comprising 59 MoUs and 13 other projects for which foundation stones were laid and 10 [...]

New Delhi, Nov 23 (PTI) Auto components major Bharat Forge on Tuesday said its arm Kalyani Powertrain Ltd has hiked stake in electric two-wheeler maker Tork Motors to 60.66 per cent through conversion of debentures into equity shares.Earlier this year, Bharat Forge had announced plans to house all of its electric vehicle (EV) business initiatives [...]

New Delhi, Nov 23 (PTI) IT firm Wipro on Tuesday said it has partnered with Telefónica to automate the associated network operations and enable adoption of virtualised network functions. Telefonica plans to leverage a common CI/CD/CT (Continuous Integration, Continuous Deployment and Continuous Testing) framework for all the markets which can be implemented locally to meet [...]

New Delhi, Nov 23 (PTI) India and the US on Tuesday agreed to work on ways to export mangoes from India as well as to import cherries from America, during the meeting between Commerce Minister Piyush Goyal and USTR Katherine Tai where various other trade matters also came up for discussion. In signs of further [...]

New Delhi, Nov 23 (PTI) India will release 5 million barrels of crude oil from its emergency stockpile in tandem with the US, China, Japan, and other major economies to cool international oil prices, the government announced on Tuesday. This is the first time ever that India, which stores 5.33 million tonne or about 38 [...]

New Delhi, Nov 23 (PTI) The Centre has released two instalments of tax devolution to the states amounting to Rs 95,082 crore in November, the Finance Ministry said on Tuesday.After a meeting with all chief ministers and state finance ministers recently, Union Finance Minister Nirmala Sitharaman had said the Centre will double the amount of [...]

New Delhi, Nov 23 (PTI) Ascendas India Trust (a-iTrust) on Tuesday said it has completed the acquisition of IT-SEZ building at Navi Mumbai for Rs 353 crore. Ascendas Property Fund Trustee Pte Ltd, in its capacity as Trustee-Manager of a-iTrust, announced that it has "completed the acquisition of Building Q1, a 0.62 million square feet [...]

New Delhi, Nov 23 (PTI) Fintech major Mobikwik, which has received Sebi approval to launch an initial public offering (IPO) to raise up to Rs 1,900 crore, on Tuesday said it will list at the "right time".   The statement came in the backdrop of reports that MobiKwik was looking at delaying its IPO by [...]

Mumbai, Maharashtra, India – Business Wire India The prestigious Tata Literature Live! Literary Awards for 2021, which are one of the highlights of the Tata Literature Live! The Mumbai LitFest was announced at the grand finale of the Festival which was held from 18th to 21st November. As always, the four-day Litfest, presented online for [...]

The brand has two authorized dealers in state with 8 branch offices now Pune, Maharashtra, India (NewsVoir) Sany India, a leading manufacturer of construction equipment & heavy machinery, further strengthened its presence in Gujarat by inaugurating a new branch office of its authorized dealership RS Infra Equipments at Gandhidham. The dealership already has offices in [...]

Coimbatore, Nov 23 (PTI) The Tamil Nadu government on Tuesday signed 59 MoUs for projects worth Rs 35,208 crore in various sectors, including areospace and defence, which is set to create job opportunities for 76,795 people, the government said. In all, 82 initiatives, comprising 59 MoUs and 13 other projects for which foundation stones were [...]

Mumbai, Nov 23 (PTI) The rupee recovered most of its initial losses to settle 3 paise down at 74.42 (provisional) against the US dollar on Tuesday, tracking a positive trend in domestic equities and easing crude oil prices.At the interbank forex market, the local unit opened weak at 74.48 against the greenback and witnessed an [...]

New Delhi, Nov 23 (PTI) Dish TV has urged the National Company Law Tribunal (NCLT) to dismiss the petition filed by its largest shareholder Yes Bank India Ltd, which is seeking to convene EGM of the Direct-to-Home service provider. Filing an application before the Mumbai bench of the NCLT, Dish TV has contended Yes Bank [...]

New Delhi, Nov 23 (PTI) CFA Institute, the global association of investment professionals, has urged policymakers and stakeholders to scale up financing in sustainable agriculture projects, in order to address climate change vulnerability. According to a report by CFA Institute in partnership with Climate Bonds Initiative, agriculture, which is the primary source of livelihood for [...]

Mumbai, Nov 23 (PTI) SILVER SPOT (IN RS PER kg): 63781.00 STANDARD GOLD (99.5) : 47635.00 PURE GOLD (99.9) : 47826.00 --------------------- PTI MUM SVC SHW SHW

New Delhi, Nov 23 (PTI) Shimla, Coimbatore and Chandigarh have topped the Niti Aayog's first Sustainable Development Goals (SDG) Urban India Index, while Dhanbad, Meerut and Itanagar are the worst performers, according to a report released by the government think tank on Tuesday.        According to an official statement, the Niti Aayog has [...]

Chennai, Nov 23 (PTI): Women taking up the role of entrepreneurs in Tamil Nadu was driven by a combination of factors like market opportunity, necessity, passion, impulse to create something new and an affinity for challenges, among others, according to a study by the Indian Institute of Technology, Madras. Social support from spouse and family, [...]

New Delhi, Nov 23 (PTI) Netcore Cloud, a marketing technology company, on Tuesday said it has undertaken a USD 8 million (about Rs 59.5 crore) ESOP Liquidation Programme (ELP) for its staff.The company has concluded total 2 ELPs so far, with the previous one being in 2019.The most recent one was during Diwali earlier this [...]

New Delhi, Nov 23 (PTI) Union Minister Parshottam Rupala on Tuesday stressed the need to create more awareness among farmers about antimicrobial resistance, which has emerged as a serious health problem globally.Antimicrobial Resistance (AMR) occurs when bacteria, viruses, fungi and parasites change over time and no longer respond to medicines, making infections harder to treat [...]

JAKARTA, Indonesia, Nov. 23, 2021 /PRNewswire/ -- Building on the success of the Total Kripto Overview (T.K.O) Summit 2021 which was attended by more than 37,000 virtual participants from over 11 countries, Toko Token (TKO), the native utility token of Tokocrypto which is Indonesia's most trusted crypto assets digital exchange and also the first entity [...]

Hyderabad, Telangana, India – Business Wire India • Company's Tax1099 and Compliancely Solutions Solve Dynamic Tax and Compliance Challenges • Highest funds raise by a Hyderabad based FinTech company so far, aims to expand operations in Hyderabad to support global entities Zenwork, a leading provider of digital tax compliance and regulatory reporting fintech SaaS platform [...]

New Delhi, Nov 23 (PTI) The reevaluation of the decision to sell a 20 per cent stake in Reliance Industries Ltd's oil-to-chemical business to Saudi Aramco will not impact the firm's credit quality, Moody's Investors Service said Tuesday.On November 19, the conglomerate announced that it will reevaluate the transfer of its oil-to-chemical (O2C) business - [...]

Mumbai, Nov 23 (PTI) Global pharma industry supplier ACG on Tuesday said it will invest Rs 600 crore to build Asia's largest capsules manufacturing unit near Aurangabad in Maharashtra.The facility in the backward Marathwada region will create 1,000 jobs directly and indirectly by 2023, as per a statement.It will produce 40 billion capsules annually and [...]

New Delhi, Nov 23 (PTI) The government is considering a proposal to provide more tax-related concessions on vehicles that are purchased after scrapping old vehicles under the recently launched National Automobile Scrappage Policy, Union Minister Nitin Gadkari said on Tuesday. While inaugurating Maruti Suzuki Toyotsu India's first government-approved scrapping and recycling facility for end-of-life vehicles [...]

Coimbatore, Nov 23 (PTI) With increasing demand, particularly from the Electric Vehicle sector, Chennai-based Qmax Group ventured into the field of Lithium Ion batteries, a top company official said here on Tuesday. Initially the cells would be imported from its Training On Trainers (TOT) partners, assembled into battery packs for various applications including Electric Vehicles, [...]

Mumbai, Nov 23 (PTI) Market benchmarks Sensex and Nifty rebounded from the day's lowest levels to register their first gain after four sessions on Tuesday, helped by hectic buying mainly in power, metal and telecom stocks. After plunging over 700 points in early trade, the 30-share BSE Sensex pared all losses to settle 198.44 points [...]

Mumbai, Nov 23 (PTI) Poddar Foundation on Tuesday said it has signed an agreement with the Integrated Tribal Development Programme (ITDP) department to conduct mental health awareness sessions for tribal schools in Palghar district, Maharashtra.Schools run by the Tribal Development Department (TDD) are known as ashramshalas and located in remote areas offer a residential educational [...]

New Delhi, Nov 23 (PTI) Consumer technology brand Nothing on Tuesday said its USD 50 million funding round announced last month had seen participation from film producer Karan Johar, cricketer Yuvraj Singh and others. In October, Nothing had announced completion of a series-A extension of USD 50 million (around Rs 376 crore) from strategic and [...]