Finance Minister Nirmala Sitharaman on Monday held a meeting with representatives of the semiconductor industry of the US and invited them to make further investments in India. The Finance Minister spoke about opportunities for companies situated in Silicon Valley and about the government of India's commitment to be a reliable player in the entire semiconductor [...]
Shares of Zee Learn on Tuesday tumbled over 18 per cent after Yes Bank Ltd moved National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against the firm. The stock plummeted 18.26 per cent to Rs 11.41 on the BSE. At the NSE, it tumbled 18.27 per cent to Rs 11.40. Private sector lender [...]
AHMEDABAD, India, April 26, 2022 /PRNewswire/ -- Vasant Masala, a mega spice brand from Gujarat, has launched 'Vasant Kashmiri Rangat', red chili powder. This is yet another new addition to their range of quintessential products and has an adorable taste for Indian cuisine. Vasant Masala is established as a leading packaged spice brand in Gujarat, [...]
BENGALURU, India, April 26, 2022 /PRNewswire/ -- New-age gaming company, Gameskraft successfully closed its Tech Leadership mandate by onboarding Rahul Goyal as the Senior Vice President of Engineering; a search driven by Bespoke CTO search firm Purple Quarter. Founded in 2017, the Bangalore-headquartered Gameskraft caters to mobile and web gaming platforms with a transparent and [...]
New Delhi, Apr 26 (PTI) Electric vehicle maker, One Moto India on Tuesday said it has partnered with Royal Sundaram General Insurance Co Ltd for insurance policies of its vehicles. Under the tie-up, One Moto India customers will be able to avail an add on cover-depreciation waiver that enables them full claim without deduction, to [...]
Automates error detection in minutes – no programming experience required NEW DELHI, April 26, 2022 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, has released the In-Sight 2800 series vision system. In-Sight 2800 puts the power of a full-featured vision system into an easy-to-use package that gets applications running in minutes. [...]
New Delhi, Apr 26 (PTI) Biocon Biologics Ltd on Tuesday said its subsidiary has bagged a three-year contract, valued at USD 90 million (around Rs 688 crore), from the Malaysian government for the supply of recombinant human insulin brand Insugen. Biocon Sdn Bhd has been awarded the three-year contract by Ministry of Health (MoH), Malaysia. [...]
Washington, Apr 26 (PTI) A prominent Indian Diaspora body, FIIDS, on Monday urged Finance Minister Nirmala Sitharaman to allow non-resident Indians and overseas citizens of India (OCI) card holders to invest in the Indian stock market. Such a move would boost the Indian economy further by attracting investment from the global Indian community, said the [...]
Washington, Apr 26 (PTI) Arun Venkataraman, a leading Indian-American international trade policy expert, has been sworn in as the Assistant Secretary of Commerce for Global Markets and Director General of the US and Foreign Commercial Service for the International Trade Administration. In this position, Venkataraman will lead a team of over 1,400 employees strategically located [...]
Bangalore, Karnataka, India – Business Wire India • New modular structure simplifies navigating and applying the framework • Greater guidance for business strategy needs including Agile The Open Group, the vendor-neutral technology consortium, today announced the release of the TOGAF® Standard, 10th Edition, marking a major milestone in the development of the world’s most widely-used [...]
Jammu, Apr 25 (PT) The Department of Finance was felicitated by the Government of India (GoI) for its contribution in the development of core infrastructure across the length and breadth of Jammu and Kashmir, according to an official spokesperson. Minister for Housing and Urban Affairs Hardeep Singh Puri felicitated the J&K Finance department for its [...]
New Delhi, Apr 25 (PTI) Prime Minister Narendra Modi and European Commission President Ursula von der Leyen on Monday announced the setting up of an India-EU Trade and Technology Council, a high-level strategic mechanism to tackle key trade, economic and technological challenges. India is the second country after the US to have such a mechanism [...]
New Delhi, Apr 25 (PTI) Athleisure footwear company Campus Activewear on Monday said it has garnered a little over Rs 418 crore from anchor investors ahead of its initial share-sale. The company has decided to allocate a total of 14,325,000 equity shares to anchor investors at Rs 292 apiece, aggregating the transaction size to Rs [...]
New Delhi, Apr 25 (PTI) India and the European Union will formally restart in June the negotiations on the long-pending trade and investment agreements, a decision welcomed by Prime Minister Narendra Modi and European Commission President Ursula von der Leyen on Monday. The issue came up in the wide-ranging talks between Modi and von der [...]
New Delhi, Apr 25 (PTI) Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Monday announced that natural farming will start in 5,200 villages of the state from June and the government will also provide Rs 900 per month to farmers for maintaining indigenous cows. Addressing a national workshop on innovative agriculture through virtual mode, he [...]
* Govt asks recipients of National Startup Award to adopt one district each Apr 25 (PTI) The government has urged the recipients of National Startup Award to adopt one district individually and contribute to its holistic development, the commerce and industry ministry said on Monday. Delivering the keynote address during the launch of Handholding Support [...]
New Delhi, Apr 25 (PTI) Eros STX Global Corporation, a global Indian entertainment company, on Monday said it has completed the sale of its subsidiary STX and has renamed itself with a new identity 'Eros Media World PLC'. The company has fully repaid USD 152 million of outstanding JP Morgan credit facility and subordinated credit [...]
The initial public offering of the country's largest insurer LIC will open on May 4 and close on May 9, sources said. The IPO, through which the government will sell 3.5 per cent stake in state-owned Life Insurance Corporation (LIC), will fetch Rs 21,000 crore to the exchequer. The IPO values LIC at Rs 6 [...]
New Delhi, Apr 25 (PTI) India's non-fossil energy capacity will reach 500GW by 2030 and the country shall meet half of its energy requirements through renewable energy, reducing the carbon intensity of its economy by less than 45 per cent, NITI Aayog member V K Saraswat said on Monday. Speaking at an event here, Saraswat said, [...]
