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Microsoft announces two initiatives to support startups

New Delhi, Apr 20 (PTI) Microsoft India on Wednesday announced two new initiatives in line with its efforts to help entrepreneurs and their organisations innovate and grow. Outlining the initiatives, it said Microsoft AI Innovate will introduce its second cohort, while a hackathon for startups is aimed at providing resources and support to developers for [...]

34 per cent of Pakistan’s population lives on just Rs 588 a day income: World Bank

Islamabad, Apr 20 (PTI) Around 34 per cent of Pakistan's population lives on just USD 3.2 or Rs 588 a day income, the World Bank has said as the cash-strapped country's new Finance Minister Miftah Isamil faces uphill tasks of containing rising inflation and navigating through one of the worst external sector crisis. The Pakistan [...]

Toshiba Water Solutions appoints Hiroaki Kobayashi as Chairperson, MD

New Delhi, Apr 20 (PTI) Toshiba Water Solutions on Wednesday said it has appointed Hiroaki Kobayashi as its Chairperson and Managing Director. Kobayashi will lead Toshiba Water to the path of next level of growth across company's water and wastewater businesses in India and overseas, the company said in a statement. Kobayashi has succeeded Koichi [...]

IFSCA signs pact with National Insurance Academy

New Delhi, Apr 20 (PTI) The International Financial Services Centres Authority (IFSCA) on Wednesday said it has signed an agreement with the National Insurance Academy (NIA) for capacity building and creating a skilled talent pool. This memorandum of understanding (MoU) endeavours to build required skilled manpower for the International Financial Services Centre (IFSC). With the [...]

No more man-days lost in Bengal due to disruptions, Mamata tells industry tycoons

Kolkata, Apr 20 (PTI) West Bengal Chief Minister Mamata Banerjee Wednesday said her government has brought down man-days lost in the state due to strikes and disruptions to zero from 75 lakh per year during the erstwhile Left regime, as she wooed investors from across the globe at a big-ticket business summit here.Banerjee, addressing a [...]

Everstage raises USD 13 mn led by Elevation Capital

New Delhi, Apr 20 (PTI) Everstage on Wednesday said it has raised USD 13 million (nearly Rs 99.4 crore) in a funding round led by Elevation Capital. The series A funding round also saw participation from existing investor 3one4 Capital. Everstage -- a SaaS (Software as a Service) company that provides modern sales commission management [...]

CENTRO brings Purpose-driven global footwear and lifestyle brand, TOMS to India

Introduces iconic footwear to a new, socially engaged audience HYDERABAD, India, April 20, 2022 /PRNewswire/ -- Centro Brands has announced an exclusive partnership with American lifestyle brand TOMS to launch its footwear in India. The launch of TOMS is part of CENTRO's strategy to introduce several individual brands, each serving their target customers in different [...]

India-Sweden Healthcare Innovation Centre in collaboration with AIIMS Jodhpur and AstraZeneca India launches an e-learning Upskilling Program in Diabetes Management for nurses

NEW DELHI, April 20, 2022 /PRNewswire/ -- India-Sweden Healthcare Innovation Centre, a collaboration between the Swedish Trade Commissioner's Office, AIIMS New Delhi and AIIMS Jodhpur, launched 'Skill For Scale', an e-learning initiative designed to equip nurses with hands-on practical knowledge and skills to practice latest patient care for managing non-communicable diseases. This program, certified by [...]
Hospital industry revenue growth likely to moderate in FY23: Report

Hospital industry revenue growth likely to moderate in FY23: Report

Domestic hospital industry revenue growth is likely to moderate in FY23 due to the large base in the previous fiscal, although income and profit margins are expected to remain healthy ahead, according to rating agency Icra. While occupancy is expected to slightly moderate in FY23 given the ongoing capacity addition, average revenue per occupied bed [...]

AAP’s Raghav Chadha, Ukrainian minister Fedorov in WEF’s Young Global Leaders list

New Delhi/Geneva, Apr 20 (PTI) Aam Aadmi Party leader Raghav Chadha, Edelweiss Mutual Fund CEO Radhika Gupta and Ukrainian Vice Prime Minister and Minister of Digital Transformation Mykhailo Fedorov were named by the World Economic Forum in its 2022 list of Young Global Leaders. The list also includes professor Yoichi Ochiai, musician and composer Wissam [...]

Tripura inks MoU with NIXI-CSC to set up International Data Centre

Agartala, Apr 20 (PTI) The Tripura government has inked a Memorandum of Understanding (MoU) with NIXI-CSC Data Services Centre to establish an international standard Data Centre here, an official said on Wednesday. National Internet Exchange of India (NIXI) and CSE e-governance services Ltd, have floated a joint venture - NIXI-CSC Data Services Centre to set [...]

Govt amends rules governing Nidhi companies

New Delhi, Apr 20 (PTI) To protect the interests of the public, the government has amended rules governing Nidhi companies whereby its prior declaration will be mandatory for certain entities before they start accepting deposits. Now, public companies desirous to function as Nidhis must obtain prior declaration from the central government before accepting deposits, the [...]

India-Vietnam flights to resume on Apr 29, new flights from June: Vietjet

New Delhi, Apr 20 (PTI) Vietjet on Wednesday said it will operate six flights between India and Vietnam in a phased manner starting April 29. In a statement, the airline said flights on the Delhi-Hanoi route and Delhi-Ho Chi Minh City route -- which were operating before the COVID-19 pandemic -- will resume on April [...]

Crude oil futures gain on spot demand

New Delhi, Apr 20 (PTI) Crude oil prices on Wednesday rose by Rs 68 to Rs 7,933 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for May delivery traded higher by Rs 68 or 0.86 per cent at Rs 7,933 per barrel in 4,577 [...]

Guar gum futures gain on spot demand

New Delhi, Apr 20 (PTI) Guar gum prices on Wednesday gained Rs 57 to Rs 12,370 per five quintals in futures trade as speculators increased their holdings on spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for May delivery traded higher by Rs 57 or 0.46 per cent at Rs 12,370 [...]

Guar seed futures rise on spot demand

New Delhi, Apr 20 (PTI) Guar seed prices on Wednesday rose by Rs 64 to Rs 6,285 per 10 quintals in the futures trade after speculators increased their positions driven by a firm trend in spot market. On the National Commodity and Derivatives Exchange, guar seed contracts for April delivery increased by Rs 64 or [...]

Nickel futures rise on spot demand

New Delhi, Apr 20 (PTI) Nickel prices on Wednesday increased marginally to Rs 2,506 per kg in futures trade as speculators built up fresh positions amid rising demand from alloy makers in spot market. On the Multi Commodity Exchange, nickel contracts for April delivery increased by 40 paise or 0.02 per cent to Rs 2,506 [...]
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