New Delhi, Nov 17 (PTI) Tata Motors is looking to establish vehicle scrappage centres under a franchise set up with the first one expected to become operational in the first quarter of the next fiscal, a top company official said on Wednesday. The auto major earlier this year had joined hands with the Gujarat government [...]

New Delhi, Nov 17 (PTI) The PHD Chamber of Commerce and Industry (PHDCCI) on Wednesday requested the government to have a regulator to check rising steel prices. Anil Kumar Chaudhary, chairman of the PHDCCI's metals and minerals committee, made the request during his address at a session organised by PHDCCI to discuss the issues faced [...]

Mumbai, Nov 17 (PTI) METAL:IN RS.PER KG INCLUSIVE OF GST. COPPER :- COPPER CABEL SCRAP 723.00 COPPER HEAVY SCRAPS 715.00 COPPER ARMATURE (CREDIT) 700.00 COPPER UTENSILS SCRAP 631.00 CC ROD 758.00 BRASS :- BRASS SHEET CUTTING 540.00 BRASS UTENSIL SCRAP 480.00 BRASS HONEY 480.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 176.00 ALUMINIUM EXTRUSION SCRAP 200.00 ALUMINIUM [...]

Mumbai, Nov 17 (PTI) OILS (per 10 Kgs) G.Nut Raw 1380.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1200.00 Sunflower Exp.Ref. 1290.00 Cottonseed(Refined) 1280.00 Refined Palm Oil 1190.00 Soyabean Ref. 1240.00 Imp.Soyabean Crude - Rapeseed Ref. 1720.00 Rapeseed Exp. 1690.00 Copra white 1670.00 Rice Bran 4-7% FFA - Rice Bran 1200.00 Linseed 1680.00 Castor [...]

New Delhi, Nov 17 (PTI) Billionaire Anil Agarwal-led mining company Vedanta Ltd on Wednesday said it is mulling a complete overhaul of its corporate structure, including demerger and listing of the aluminum, iron & steel, and oil and gas businesses as standalone entities to unlock shareholder value.While the London-based parent will continue to be the [...]

Guwahati, Nov 17 (PTI) Engineering firm thyssenkrupp Industrial Solutions India on Wednesday said it has received a USD 155 million (around Rs 1,150 crore) contract from state-run Numaligarh Refinery Ltd as part of the expansion project of the northeast's largest refiner. The private firm said NRL has awarded an engineering, procurement and construction (EPC) contract [...]

New Delhi, Nov 17 (PTI) India needs a constellation of actions to deal with the issue of climate change which cuts across state boundaries, Finance Commission chairman N K Singh said on Wednesday.Singh said the climate change issue goes far beyond the confines of the Constitution as it has multiple dimensions in terms of agriculture, [...]

New Delhi, Nov 17 (PTI) Amid concerns over the proposed Chardham project, a senior government official on Wednesday termed allegations that road construction triggered landslides in Uttarakhand as "spurious and counter productive" to the national causes, and asserted that geology of the area is fragile. Union Road Secretary Giridhar Aramane said the government's aim is [...]

New Delhi, Nov 17 (PTI) The government will invite financial bids for privatising as many as many as six CPSEs, including BPCL, BEML and Shipping Corp, by January, a top government official said on Wednesday.Tuhin Kanta Pandey, Secretary in the Department of Investment and Public Asset Management (DIPAM), also invited private players to bid for [...]

New Delhi, Nov 17 (PTI) Net leasing of the office space across seven major cities will reach 90-95 per cent of the pre-COVID-19 level during the next financial year, on fresh hiring and return of employees to workspace, according to rating agency Crisil. Net leasing refers to the absorption of new office space less space [...]

New Delhi, Nov 17 (PTI) PNB Housing Finance on Wednesday said the Securities Appellate Tribunal (SAT) has allowed it to withdraw its appeal in the matter related to the Rs 4,000 crore Carlyle deal, which stands scrapped now. Relating to the application filed by the company before the Securities Appellate Tribunal, seeking permission to withdraw [...]

New Delhi, Nov 17 (PTI) The winners of the Cyber Security Grand Challenge will be felicitated by Electronics and IT Minister Ashwini Vaishnaw along with Minister of State for Electronics and IT Rajeev Chandrasekhar on Thursday, according to an official statement. The challenge is aimed at promoting innovation and growth of Indian cybersecurity products, with [...]

New Delhi, Nov 17 (PTI) Markets regulator Sebi on Wednesday levied a total fine of Rs 54 lakh on Iris Mediaworks Ltd, which is now known as Jump Networks Ltd, and eight officials for violation of market norms. Besides, the firm and the officials have also been restrained from accessing securities market for varying periods, [...]

Mumbai, Nov 17 (PTI) AGS Transact Technologies, which leads the online payments space at fuel stations and is among the largest players in ATM and cash management services, will use Rs 600 crore of the Rs 800-crore-fully offer-for-sale issue to retire debt.Ravi Goyal, chairman & managing director of AGS, told PTI that the company has [...]

New Delhi, Nov 17 (PTI) The initial public offer of life sciences company Tarsons Products Limited was subscribed 77.49 times on the last day of subscription on Wednesday, helped by huge interest from institutional investors.The Rs 1,023.84-crore IPO received bids for 84,02,81,684 shares against 1,08,44,104 shares on offer, as per NSE data.The non-institutional investors category [...]

New Delhi, Nov 17 (PTI) India needs to double the capital expenditure in the medium term from about 5-6 per cent of the Gross Domestic Product (GDP) currently to fund infrastructure, DEA Secretary Ajay Seth said on Wednesday. Efforts, he added, have to be made to channelise all avenues of savings for garnering resources for [...]

New Delhi, Nov 17 (PTI) The Ministry of Food Processing and the Ministry of Fisheries, Animal Husbandry & Dairying on Wednesday signed a pact to bring convergence in the various central schemes for providing benefits to entrepreneurs and achieve holistic growth in the two sectors. The memorandum of understanding (MoU) was signed in the presence [...]

New Delhi, Nov 17 (PTI) The initial public offer of Go Fashion (India) Limited, which owns women's wear brand Go Colors, was fully subscribed within hours of opening and received 2.46 times subscription at close on Wednesday.The Rs 1,013.6-crore IPO received bids for 1,99,02,708 shares against 80,79,491 shares on offer, according to NSE data.The category [...]

New Delhi, Nov 17 (PTI) Union Minister Mahendra Nath Pandey on Wednesday inaugurated a prototype air pollution control tower developed by state-owned engineering firm BHEL in Noida.To deal with the problem of rising air pollution in urban areas, Bharat Heavy Electricals Limited (BHEL) has indigenously designed and developed a prototype air pollution control tower (APCT), [...]

New Delhi, Nov 17 (PTI) Asserting that cryptocurrencies can be used for illegal activities such as drugs and human trafficking, BJP MP Nishikant Dubey sought a complete ban on them. In a letter to Prime Minister Narendra Modi, he said a viable and lawful alternative to сryрtосurrenсies could be Central Bank Digital Currencies (CBDC) which [...]

Mumbai, Nov 17 (PTI) The Federation of Hotel and Restaurant Associations of India (FHRAI) on Wednesday said it has submitted a representation to the government to provide immediate relief to the hospitality industry from the increase in the cost of liquefied petroleum gas (LPG). The association, in the representation to Prime Minister Narendra Modi, urged [...]

New Delhi, Nov 17 (PTI) Call for Code founding partner IBM and its creator David Clark Cause on Wednesday announced that India-based Saaf Water - an accessible water quality sensor and analytics platform - has won the fourth annual 'Call for Code Global Challenge'. Call for Code is among the largest efforts to bring together [...]

New Delhi, Nov 17 (PTI) The Ministry of Labour and Employment on Wednesday said that a new wage settlement of MOIL workers has been signed between MOIL Management and MOIL Kamgar Sanghathan, which will benefit over 6,000 workers. A labour ministry statement said that the wage settlement was signed in presence of Chief Labour Commissioner [...]

New Delhi, Nov 17 (PTI) Housing brokerage firm Anarock on Wednesday said cash transactions in the primary residential market have reduced by at least 75-80 per cent since demonetisation of high-value currency was announced in late 2016. "Black money (or cash transactions) in the housing market has reduced by at least 75-80 per cent since [...]

New Delhi, Nov 17 (PTI) Steel Authority of India Ltd (SAIL) on Wednesday said it has supplied around 50,000 tonnes of steel for the Purvanchal Expressway in Uttar Pradesh. Prime Minister Narendra Modi on Tuesday inaugurated the 341-km-long Purvanchal Expressway, which connects Lucknow to Ghazipur in eastern Uttar Pradesh. In a statement, the state-owned steel [...]

New Delhi, Nov 17 (PTI) Alembic Pharmaceuticals on Wednesday said its joint venture Aleor Dermaceuticals Ltd (Aleor) has received approval from the US health regulator to market Mupirocin cream.The approved abbreviated new drug application (ANDA) for Mupirocin cream is therapeutically equivalent to the reference listed drug product (RLD), Bactroban cream (2 per cent) of SmithKline [...]

New Delhi, Nov 17 (PTI) Over 92 per cent of the eight crore informal sector workers registered on the e-Shram portal have a monthly income of Rs 10,000 or below and 72 per cent of the enrolled workforce belong to Scheduled Caste (SC), Scheduled Tribe (SC) and Other Backward Class (OBC), according to the latest [...]

Guwahati, Nov 17 (PTI) The MSME Ministry will organise a conclave here on Thursday to promote entrepreneurship in the North-East region.The conclave will be chaired by Union Minister Narayan Rane and Assam Chief Minister Himanta Biswa Sarma.It is organised by the Ministry of MSME to promote entrepreneurship and trade opportunities for micro, small and medium [...]

New Delhi, Nov 17 (PTI) With business gradually inching towards pre-Covid levels, Japanese imaging products major Nikon is expecting a 40 per cent growth in India this fiscal and is hopeful of touching a turnover of Rs 1,000 crore in the next two years, according to a top company official. The company is eyeing a [...]

Mumbai, Nov 17 (PTI) About 77 per cent Indian employees interviewed said they feel positive about earned wage access (EWA) while 59 per cent said they consider it as a deciding factor for their next job, according to a report. Earned wage access is a fintech product that enables employees to access a portion of [...]

Pune, Maharashtra, India: Business Wire India The mother’s of today are more knowledgeable and aware of the surroundings than ever before. The care and well being of their babies are of prime importance to them. Moreover, Covid has emphasized the importance of health and immunity. Citta, One such new company manufacturing natural baby products like [...]

India's leading ed-tech platform is a new yet proficient organization established on the core value of exploring, learning, and inspiring New Delhi, Delhi, India: Business Wire India Bizgurukul, India’s fastest growing learner’s group is exuberant to announce that it has hit the benchmark of a 1 lakh community of learners. The business was founded by [...]

New Delhi, Nov 17 (PTI) Amid concerns over the proposed Chardham project, a senior government official on Wednesday termed allegations that road construction triggered landslides in Uttarakhand as "spurious and counter productive" to the national causes, and asserted that geology of the area is fragile. Union Road Secretary Giridhar Aramane said the government's aim is [...]

New Delhi, Nov 17 (PTI) Tata Motors is looking to establish vehicle scrappage centres under a franchise set up with the first one expected to become operational in the first quarter of the next fiscal, a top company official said on Wednesday. The auto major earlier this year had joined hands with the Gujarat government [...]

New Delhi, Nov 17 (PTI) Accenture and Microsoft will support 10 startups in India that focuses on social impact and sustainability, by helping them to scale their emerging solutions and business models. The joint initiative 'Project Amplify' is Asia Pacific-wide and accelerates the growth of 33 startups from across the region. The initiative extends activities [...]

Mumbai, Nov 17 (PTI) SILVER SPOT (IN RS PER kg): 66553.00 STANDARD GOLD (99.5) : 48956.00 PURE GOLD (99.9) : 49153.00 --------------------- PTI MUM SVC SHW SHW

New Delhi, Nov 17 (PTI) Billionaire Anil Agarwal's Vedanta Ltd on Wednesday said it is mulling restructuring of the mining behemoth that may include demerger and listing of the aluminium, iron & steel, and oil and gas businesses as standalone entities.Under the restructuring being evaluated, Vedanta Ltd and three businesses will operate parallelly, chairman Agarwal [...]

New Delhi, Nov 17 (PTI) JSW Steel on Wednesday said it has been included in the S&P Dow Jones Sustainability Index (DJSI) 2021 for the Emerging Markets. In a statement, JSW Steel said it is among the three steel companies from emerging markets that have made it to the DJSI EM Index, which comprises 108 [...]

Mangaluru, Nov 17 (PTI) Following are today's Areca and Coconut prices. Areca (per QTL) Old Supari : Rs 48000 to Rs 51500 model Rs 50000 New Supari : Rs 37500 to Rs 42500 model Rs 40500 Koka : Rs 32000 to Rs 37500 model Rs 35000 Coconut [per thousand]: 1st qlty : Rs 20000 to [...]

New Delhi, Nov 17 (PTI) Trifecta Capital on Wednesday said it has achieved the first close of its third venture debt fund, Trifecta Venture Debt Fund-III, with investor commitments of Rs 750 crore within two months of the launch of the Fund. The Fund, which has a target corpus of Rs 1,000 crore and a [...]

Pune, Maharashtra, India (NewsVoir) • The initiative will benefit 10,000+ students annually, and targets to reach over one lakh students by 2024 • The aim is to increase interest and encourage learning amongst students taking STEM subjects With an aim to ensure quality access to STEM education and create India’s next generation of talent, SKF [...]

Mumbai, Nov 17 (PTI) Former RBI Deputy Governor N S Vishwanathan on Wednesday said money laundering and lack of clarity on valuations are the primary concerns of central banks in being circumspect about the introduction of cryptocurrencies.If the government goes ahead and allows cryptocurrencies, bankers need to be wary and not confuse persons’ wealth with [...]

MOSCOW, Nov. 17, 2021 /PRNewswire/ -- The Russian Direct Investment Fund (RDIF, Russia's sovereign wealth fund) announces the Russian Sputnik V coronavirus vaccine has demonstrated 96.3% efficacy and high safety profile based on new study of vaccinated individuals in the Republic of Belarus. An article analyzing efficacy of Sputnik V vaccine against coronavirus during vaccination [...]

New Delhi, Nov 17 (PTI) Traders' body CAIT on Wednesday said it has approached the Narcotics Control Bureau seeking a probe into the alleged use of e-commerce major Amazon's platform for sourcing marijuana. When contacted, Amazon India said it is currently investigating the issue. "The issue was notified to us and we are currently investigating [...]

Pune, Maharashtra, India: Business Wire India Pune Times-Mirror, the renowned newspaper which was a part of The Times Group, previously before the pandemic, was in debt & facing an unprecedented hardest-hit in terms of revenues. It led their management to take a final decision of completely shutting down the publications of Pune Times-Mirror. Later, on [...]

The Summit, to be held on November 18-19, 2021, will host renowned global leaders within the tech industry to discuss how Artificial Intelligence (AI) can solve some of humanity's biggest problems and the need for a robust policy response to facilitate AI's wide-scale use. MUMBAI, India, Nov. 17, 2021 /PRNewswire/ -- BOOM, India's premier verification [...]

New Delhi, Nov 17 (PTI) Adani Green Energy and Adani Transmission have scored 66 points and 63 points, respectively, in the corporate sustainability assessment (CSA) survey 2021 conducted by DJSI-S&P Global, which is higher than the average world electric utility sector score of 38 points. "Adani Green Energy Ltd (AGEL), the world's largest solar power [...]

NEW DELHI, Nov. 17, 2021 /PRNewswire/ -- Impetus Technologies (India) Pvt. Ltd. has been recognized as India's top 25 Best Workplaces in IT & IT-BPM 2021 by the Great Place to Work® Institute. The organization stands for its people first approach, diversity and inclusion practices and policies, fast paced learning & growth framework and world [...]

Beijing, Nov 17 (PTI) China on Wednesday asked its all-weather ally Pakistan to create enabling conditions for thousands of Chinese nationals working on the USD 60 billion CPEC projects, apparently flagging concerns over security and the slow pace of construction. The China-Pakistan Economic Corridor (CPEC) is the flagship project of China's ambitious multi-billion-dollar Belt and [...]

New Delhi, Nov 17 (PTI) Billionaire Anil Agarwal's Vedanta Ltd on Wednesday said it is mulling a group restructuring that may include demerger and listing of the aluminium, iron & steel, and oil and gas businesses as standalone entities.In a stock exchange filing, the firm said its board has constituted a committee of directors to [...]

New Delhi, Nov 17 (PTI) ABB India on Wednesday said the motors and drives installed base has saved nearly 12 terawatt-hours (TWh) of electricity in 10 years, which is equivalent to one per cent of India's annual energy consumption. "ABB India's 10 years of motors and drives installed base (India) saved nearly 12 terawatt-hours of [...]

Mumbai,  Nov 17 (PTI) Ace investor Rakesh Jhunjhunwala-backed  Akasa Air on Wednesday announced signing an agreement to purchase CFM LEAP-1B engines to power its Boeing 737 MAX airplanes and the overall deal is estimated to be worth USD 4.5 billion. The announcement comes a day after the upcoming ultra low cost carrier said it would buy [...]

New Delhi, Nov 17 (PTI) Market regulator Sebi on Wednesday came out with investor charter for investors in securities market which aims at protecting investors' interest. The charter includes rights and responsibilities of investors and dos and don'ts of investing in securities market, as per a public notice. The vision of the investor charter is [...]

New Delhi, Nov 17 (PTI) NMDC workers on Wednesday staged a dharna at Jantar Mantar here against the demerger of Nagarnar Steel Plant and government stake sale in the company."We will protest tomorrow also. We will be giving a representation to the Labour Minister regarding this," Sant Ram Sethia, Nagarnar Steel Plant Workers' Union President, [...]

New Delhi, 17 November, 2021: The Directorate of Training (UTCS), Delhi Government has signed an MoU with O.P. Jindal Global University today to enhance understanding by promoting exchange and cooperation in the areas of academic training, knowledge enhancement and the Capacity Building of the Officers of Delhi Government. This MoU will strengthen technical cooperation between [...]

- Plenty Global Hackathon is one of the largest Tezos hackathons with over USD 24,000 in prizes and USD 50,000 in potential grants. - Co-organized by Plenty DeFi & Tezos India, the hackathon challenges participants to ideate & build solutions/hacks layered on the existing Plenty DeFi ecosystem. - Applications for the global hackathon will open [...]

New Delhi, Nov 17 (PTI) State-owned CIL on Wednesday said its efforts to curb environmental pollution through the implementation of mechanised coal transportation and loading through coal-handling plants resulted in a significant reduction of carbon dioxide (CO2) emissions and other air pollutants. This was revealed in a first-of-its-kind pilot study sponsored by Coal India Ltd [...]

BANGALORE, India, Nov. 17, 2021 /PRNewswire/ -- In recent decades, real estate across the country has seen unprecedented changes and trendsetting innovations. It is time for the real estate companies in Bangalore to adapt to the demands for change. Making the construction more sustainable and buildings more eco-friendly are probably a few of the popular [...]

New Delhi, Nov 17 (PTI) Grundfos India on Wednesday said it has worked with local authorities to dewater a few locations across Chennai. The mobile pumping station and the dewatering pumps from Grundfos India were operated from November 10 to 14 and helped dewater about 50 lakh litres during this period, the company said in [...]

New Delhi, Nov 17 (PTI) Healthtech firm K&L Wellness Technology on Wednesday raised a seed round of Rs 30 crore from angel investors Vimal Kedia and Surendra Kedia of Manjushree Ventures as well as Narendra Firodia of Sohamm Group. The funds will be invested to launch and scale its healthtech platform to redefine the lifestyle [...]

Mumbai, Nov 17 (PTI) SILVER SPOT (IN RS PER kg): 66375.00 STANDARD GOLD (99.5) : 48865.00 PURE GOLD (99.9) : 49061.00 -------------------- PTI MUM SVC SHW SHW

New Delhi, Nov 17 (PTI) Mahindra & Mahindra Financial Services (Mahindra Finance) on Wednesday announced the launch of lease-based vehicle subscription business for the urban centres, eyeing a business of Rs 10,000 crore in the next 3-5 years. Under a brand christened 'Quiklyz', the non-banking financial company (NBFC) said it will be the first-of-its-kind digital [...]

New Delhi, Nov 17 (PTI) Vini Cosmetics, maker of popular deodorant FOGG, on Wednesday announced the appointment of PepsiCo India Senior Executive Vishal Kaul as its CEO with effect from February 2022.Kaul, who was PepsiCo India Vice-President and Business Head for the beverages business for India, Bangladesh, Sri Lanka, Nepal and Bhutan, will work closely [...]

New Delhi, Nov 17 (PTI) Refined soya oil prices on Wednesday rose by Rs 7.1 to Rs 1,244 per 10 kg in futures trade as speculators raised their bets.On the National Commodity and Derivatives Exchange, refined soya oil for November delivery gained Rs 7.1, or 0.57 per cent, to Rs 1,244 per 10 kg in [...]

New Delhi, Nov 17 (PTI) The government will invite financial bids for privatising as many as many as six CPSEs, including BPCL, BEML and Shipping Corp, by January, a top government official said on Wednesday.Tuhin Kanta Pandey, Secretary in the Department of Investment and Public Asset Management (DIPAM), also invited private players to bid for [...]

New Delhi, Nov 17 (PTI) Venture firm Better Capital on Wednesday said it has raised maiden fund of USD 15.28 million (about Rs 113.6 crore) to scale its pre-seed and seed investment strategy of backing Indian founders building for India and building for the world. Better Capital Ventures I is a USD 15.28M fund - [...]

New Delhi, Nov 17 (PTI) Guar gum prices on Wednesday gained Rs 293 to Rs 12,190 per five quintal in futures trade as speculators increased their holdings on spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for December delivery traded higher 3.43 per cent, or Rs 293 to Rs 12,190 per [...]

New Delhi, Nov 17 (PTI) Cottonseed oil cake prices on Wednesday declined by Rs 15 to Rs 2,450 per quintal in futures trade as participants reduced their bets tracking a weak trend in spot market. Analysts said sell-off by participants at existing levels amid subdued trend in market mainly weighed on cottonseed oil cake prices. [...]

- Disbursements for the quarter at INR 455 Million; up 311% QoQ - PAT stands at INR 9 Million from loss of INR 138 Million QoQ NEW DELHI, Nov. 17, 2021 /PRNewswire/ -- Capital Trust Limited (Capital Trust), a digitally enabled non-banking finance company (NBFC), specialising in providing income generating micro business loans in tier [...]

Distributes royalties over 325 crores to its members including its Sister Societies Mumbai, Maharashtra, India (NewsVoir) The Indian Performing Right Society Limited (IPRS), a representative body of music composers, lyricists, and publishers, creates a new benchmark, by distributing royalty amounting to Rs. 325 Crs. in the past two years. The last two years have been [...]

Islamabad/Kabul, Nov 17 (PTI) Pakistan and Afghanistan have signed an agreement to increase the frequency of flights between the two countries and also to provide professional training to Afghanistan’s aviation staff in areas of security, traffic controlling, firefighting, air forecast, and airport management, according to a media report on Wednesday. The bilateral agreement was signed [...]

New Delhi, Nov 17 (PTI) India Yamaha Motor (IYM) on Wednesday said it has launched a new variant of YZF-R15 V3.0 bike, priced at Rs 1.57 lakh (ex-showroom Delhi). The YZF-R15S V3, which comes with a unibody seat, would be sold alongside the YZF-R15 V4 model across all the authorised Yamaha dealerships in India, the [...]

Mumbai, Nov 17 (PTI) Honda Motorcycle and Scooter India on Wednesday said its cumulative sales in Karnataka has crossed the 4-million vehicles mark, mainly driven by increased touchpoints and expansion of product portfolio.It also said that catering to the rising personal mobility needs of customers, HMSI continues to lead scooterisation in the state with a [...]

Singapore, Nov 17 (PTI) Singapore’s plan to allow quarantine-free travel for fully-vaccinated passengers from India and Indonesia from November 29 can give a major boost to businesses here, but headwinds will come from continued travel restrictions and cost concerns as the travellers still would need a negative test report prior to travel, a media report [...]

Mumbai, Nov 17 (PTI) India's economy is moving towards a higher growth trajectory and is likely to grow at around 10 per cent in 2021-22, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman Bibek Debroy said on Wednesday.“I am confident that we are on a path towards a higher growth trajectory, higher poverty reduction, [...]

NEW DELHI and PARIS, Nov. 17, 2021 /PRNewswire/ -- World Nuclear Exhibition (WNE) – the world's largest civil nuclear exhibition, in association with RX France, chaired by Sylvie Bermann, Ambassador of France and President of WNE – announced the names of the 21 companies, big groups and SMEs/VSEs, which have been shortlisted for the WNE [...]

Bengaluru, Nov 17 (PTI) The summer placements for the PGP and PGP-BA Class of 2021-23 of the Indian Institute of Management Bangalore (IIMB) saw 542 internship offers, leading to all 513 students who appeared for placements being placed over two interview days.Consulting companies made 181 offers led by Accenture with 33, followed by Bain & [...]

• Achieves overall score of 73% against the global industry average of 30% • The only aluminium company in the prestigious DJSI World Index 2021 MUMBAI, India, Nov. 17, 2021 /PRNewswire/ -- Hindalco Industries Limited, the metals flagship of Aditya Birla Group, has achieved the No.1 rank in the Aluminium Industry for its sustainability performance [...]

New Delhi, Nov 17 (PTI) E-commerce enablement company GoKwik on Wednesday said it has raised Rs 112 crore (about USD 15 million) in funding, led by Sequoia Capital India. The series A round also saw participation from existing investors Matrix Partners India and RTP Global, a statement said. GoKwik plans to use the funds to [...]

New Delhi, Nov 17 (PTI) Charitable trusts are liable to pay 18 per cent GST on grants and non-philanthropic donations received by them, the Maharashtra AAR has ruled.Jayshankar Gramin Va Adivasi Vikas Sanstha Sangamner, a Charitable trust registered under Maharashtra Public Charitable Trust Act 1950, had approached the Maharashtra bench of the Authority for Advance [...]

Mumbai, Maharashtra, India (NewsVoir) Axis Bank, India’s third largest private sector bank and The Private Infrastructure Development Group (PIDG) guarantee arm, GuarantCo, have announced the partnership and intent to execute an umbrella guarantee framework of USD 200 million (INR equivalent) with a programme size of USD 300 million towards accelerating the E-Mobility eco-system in India. [...]

Continues to Invest strongly to fuel significant growth globally Mumbai, Maharashtra, India – Business Wire India GI Outsourcing a leading accounts outsourcing solutions provider for global businesses announced the inauguration of its new office at a prime location in Mumbai at Andheri East. The movement to a new space that is in the heart of [...]

Bengaluru, Karnataka, India: Business Wire India L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, announced that it has been selected as an engineering partner by Mavenir and NVIDIA, to accelerate adoption of the industry’s first converged AI-on-5G. LTTS will support Mavenir with customization, integration and deployment of AI [...]

New Delhi, Nov 17 (PTI) Financial technology firm PayCraft on Wednesday said it is foraying into the Middle East and North Africa region as part of its global expansion. The company has developed customised solutions in accordance with the guidelines set by the Central Bank of UAE and the Ministry of Labour, to revolutionise the [...]

Bangalore, Karnataka, India: Business Wire India CSS Corp, a global customer experience and technology services provider, and Resolve Systems, the leading intelligent IT automation software vendor, today announced a strategic partnership to deliver industry-specific and automated IT operations solutions that help customers achieve operational efficiency through AI and automation. This partnership will enable both organizations [...]

Sunit Parekh, Solution Architect and Agile Expert at Thoughtworks and Prashanth R, Lead Engineer at Thoughtworks A predictable system is a myth. System failures are inevitable. The only way out is to be prepared for failures by building resilient systems and we explore chaos engineering as a way to do exactly that. What is chaos [...]

Mumbai, Nov 17 (PTI) Bengaluru-based fintech startup Velocity has raised USD 20 million (about Rs 150 crore) in the Series-A funding round led by the US-based venture capital firm Valar Ventures, doubling down its previous investment. Launched in early 2020, Velocity offers revenue-based financing as an alternative to venture capital and traditional bank debt to [...]

New Delhi, Nov 17 (PTI) Fintech startup SalaryBox on Wednesday said it has raised USD 4 million (about Rs 29.7 crore) in funding from Y-Combinator, Jerry Yang's AME Cloud Ventures, Soma Capital, 2AM Ventures and others. Other key investors in the seed funding round included US-based angel and seed investors Gokul Rajaram (Doordash executive), Sriram [...]

New Delhi, Nov 17 (PTI) Smart metering company IntelliSmart has won a Rs 500 crore order from the Assam government to install about six lakh smart meters in the state, a top company official said Wednesday. In this regard, a Letter of Award (LoA) was awarded to the company from the Assam Power Distribution Company [...]

ROCHESTER, N.Y., Nov. 16, 2021 /PRNewswire/ -- Navitar, Inc. a provider of microscopy imaging solutions for highly complex medical instruments and products within the life science, biotech and industrial imaging system markets, is pleased to announce the launch of their Focus on Start-Ups program aimed to help new start-up companies move their innovative product concepts [...]

New Delhi, Nov 17 (PTI) Silicon-Valley based serial techpreneur and Hotmail co-founder Sabeer Bhatia has launched a purpose-driven social video messaging platform, ShowReel, that aims to enable employment and upskilling opportunities for job seekers globally.Bhatia, who became the poster boy for the tech industry when Hotmail - one of the world's first email services - [...]

Chennai, Tamil Nadu, India (NewsVoir) The Consulate General of Republic of Korea in Chennai expresses its delight in announcing the distribution of 4,000 COVID-19 preventive kits to Government School children, as the Tamil Nadu State Government has decided to reopen schools this month. The kits were distributed to the Tamil Nadu Education Minister Mr. Anbil [...]

VADODARA, India, Nov. 16, 2021 /PRNewswire/ -- Gujarat Alkalies and Chemicals Limited (GACL), Vadodara and CSIR-Indian Institute of Chemical Technology, (CSIR-IICT), Hyderabad have achieved success in developing indigenous environment friendly technology to manufacture super speciality chemical Hydrazine Hydrate (H6N2O). Patent Office, Government of India has awarded a joint patent for 20 years to CSIR and [...]

MUMBAI, India, Nov. 16, 2021 /PRNewswire/ -- The World Gold Council has launched its first immersive documentary series showcasing gold's impact on humanity's past, present and future. A five-episode series explores the metal's history, cultural relevance and technological uses. Featuring experts and stories from around the world, exploring gold's world-changing impact as an engineering super-material, [...]

Washington, Nov 17 (PTI) Asserting that it is time for the trade relationship to grow in tandem with the centrality of India-US partnership, the head of a business advocacy organisation has said that the bilateral ties hold the key to addressing the most important challenges facing the world today.“We’re at a phase now where our [...]

Jamshedpur, Nov 16 (PTI) Tata Steel on Tuesday said State Bank of India has entered into a strategic partnership with Jamshedpur FC, the football club owned by it, with an aim to support and promote Indian football.Making SBI's first major endeavour in the game, the lender signed an agreement with JFC and became one of [...]

New Delhi, Nov 16 (PTI) Telecom Secretary K Rajaraman on Tuesday inaugurated a public procurement policy (Make In India) portal for telecom products on which manufacturers, vendors and other stakeholders can register their grievances and track the status of their complaints. Rajaraman also inaugurated Nationwide MTCTE Helpdesk and Evaluation Centre infrastructure and Control Lab at [...]

Jaipur, Nov 16 (PTI) Amid pressure to reduce VAT after reduction in excise duty by the Centre on petrol and diesel, the Congress government in Rajasthan on Tuesday night announced to slash VAT to make petrol and diesel cheaper by Rs 4 per litre and Rs 5 per litre. respectively, from midnight. This will result [...]

New Delhi, Nov 16 (PTI) State governments have not been consulted on the personal data protection bill as well as the framework for non-personal data protection which may lead to problems in implementation of the proposed law, a BJD MP said on Tuesday. The personal data protection bill is likely to be tabled in Parliament [...]