Chennai, Apr 19 (PTI) The Tamil Nadu government has planned to develop a new airport in the industrial belt of Hosur (in Krishnagiri district and located about 40 km from Bengaluru), and a study on air traffic and other aspects has been ordered, state Industries Minister Thangam Thennarasu said on Tuesday. The Tamil Nadu Industrial [...]
Luxury car maker Volvo Cars India on Tuesday said it has increased the prices of its entire model range with immediate effect in order to offset the impact of rising input costs. The prices have been increased in the range of Rs 1 lakh to Rs 3 lakh, the Swedish carmaker said in a statement. [...]
Kolkata, Apr 19 (PTI) Ambassador of Kenya, Willy Bet on Tuesday sought Indian investments to the African country in various sectors ranging from oil to healthcare. The other sectors where Bet sought Indian investment are agro-processing, financial business, tourism, manufacturing and textiles. Kenya, he said, offers to invest in areas like private insurance, renewable energy, [...]
New Delhi, Apr 19 (PTI) The government on Tuesday said 1.03 lakh new manufacturing and service units were set up under its flagship scheme PMEGP along with creation of over 8.25 lakh jobs in the last financial year. "As compared to the previous year, 2020-21, the number of units and employment created under PMEGP has [...]
Shanghai reported seven more deaths due to COVID-19 as the Chinese financial hub grapples with a record outbreak, taking the death toll in the country to 4,648 with over 21,400 new cases, most of them from the city. Seven new deaths from COVID-19 were reported on Monday in Shanghai in addition to the three a [...]
Bengaluru, Apr 19 (PTI) United Breweries Limited on Tuesday announced it has signed actors Rashmika Mandanna and Varun Dhawan as ambassadors of its Kingfisher brand. The association will kick off Kingfisher’s ‘Spread the Cheer’ campaign, focused on celebrating this year as the ‘Year of the Cheer’, the Bengaluru headquartered company said in a statement. The [...]
New Delhi, Apr 19 (PTI) State-owned SJVN Ltd has tied up funds for a 66-MW hydropower project in the Hamirpur and Kangra districts of Himachal Pradesh.Nand Lal Sharma, Chairman & Managing Director of SJVN Ltd, in a statement, informed that the financial closure for the 66 MW Dhaulasidh Hydro Electric Project situated in Hamirpur and [...]
New Delhi, Apr 19 (PTI) Fintech startup Savein on Tuesday said it has raised USD 4 million (about Rs 30 crore) from a clutch of investors based in Silicon Valley and Europe. Savein focuses on outpatient and elective healthcare procedures like dental, eye care, veterinary, diagnostics, dermatology, hair care, fertility, wellness and alternate therapies, among [...]
New Delhi, Apr 19 (PTI) The Association of Direct Selling Entities of India (ADSEI) on Tuesday said its members operate maintaining transparency and in compliance with the strict guidelines and regulatory framework in the country. This comes a day after the Enforcement Directorate (ED) attached assets worth over Rs 757 crore of Amway India, as [...]
Mumbai, Apr 19 (PTI) Jewellery retailer Malabar Gold and Diamonds on Tuesday said it aims to garner Rs 45,000 crore in revenue this fiscal on the back of company's robust retail expansion plans. It plans to open 97 showrooms, including 60 across India and 37 overseas. This will take the company's total showroom count to [...]
Colombo, Apr 19 (PTI) Sri Lanka's embattled Prime Minister Mahinda Rajapaksa on Tuesday proposed to restore the 19th Amendment to the Constitution to curb the powers of his younger brother Gotabaya Rajapaksa and empower Parliament, as protests intensified against the government over its handling of the country's debt-ridden economy. Sri Lanka is grappling with unprecedented [...]
Indian business tycoon Gautam Adani has joined the $100 billion club of the richest entrepreneurs in the world. Currently, his net worth is a little over $120 Billion and he is at Rank 6 on the Bloomberg Billionaires Index. His net worth has increased by 57.4% YTD (year to date). With this, he is only [...]
Jammu, Apr 19 (PTI) Ahead of Prime Minister Narendra Modi’s visit, the 500-Kilowatt Solar Plant at Palli Panchayat in Jammu and Kashmir’s Samba district has been completed in a record time of 20 days, Union Minister Jitendra Singh said on Tuesday.Singh, accompanied by Central Electronics Limited chairman and Managing director Prakash Jain, visited the plant [...]
New Delhi (India), April 19: MuskMelon, a utility token developed on Binance Smart Chain and Ethereum, took the world of NFTs (Non-Fungible Tokens) and Gaming by storm. MuskMelon was listed on Bitmart and XT platforms on 15 April 2022. Within the first hour of trade, The Melon token was up by 2900% and rose nearly [...]
Librestream's Onsight solution, the leading augmented reality platform, set to support ReNew Power's sustainability and clean energy efforts in India MUMBAI, India and WINNIPEG, MB and RALEIGH, N.C, April 19, 2022 /PRNewswire/ -- Librestream, the #1-rated remote technology platform for the industrial deskless workforce, today announced ReNew Power ('ReNew'), the leading renewable energy company in [...]
Washington/Colombo, Apr 19 (PTI) Sri Lanka’s Finance Minister Ali Sabry has met IMF Managing Director Kristalina Georgieva in Washington and made a request for a Rapid Financing Instrument (RFI) amidst the unprecedented economic crisis in the island nation, a media report said on Tuesday. The RFI, which is available to all member countries of the [...]
New Delhi, Apr 19 (PTI) Sequoia Capital India's Shailendra Singh has stepped down from the board of Singapore-based Zilingo Pte following questions over the fashion technology startup's accounting practices, sources said. Zilingo, a platform for fashion merchants backed by Singaporean state-owned investor Temasek Holdings, was co-founded in 2015 by CEO Ankiti Bose alongside Dhruv Kapoor, [...]
Cryptocurrency: A revolution or a gimmick was conducted by Prof. (Dr.) Vishal Sarin, Teaching Economics at Mittal School of Business, Lovely Professional University New Delhi, Delhi, India (NewsVoir) “If you don’t believe it and don’t get it, I don’t have the time to try to convince you. Sorry.” This is how Satoshi Nakamoto, a pseudonymous [...]
New Delhi, Apr 19 (PTI) EMIs for home, car and personal loans are set to go up for existing borrowers, with State Bank of India (SBI) and other major lenders including Bank of Baroda (BoB), Axis Bank and Kotak Mahindra Bank increasing their benchmark lending rates by up to 0.10 per cent. The lending rate [...]
Fresh Equity Round comes from Nuveen’s Global Impact Fund and Triple Jump’s ASN Microkredietfonds Bengaluru, Karnataka, India – Business Wire India • Kinara Capital closes Series E round and marks 7th year of profitability • Fintech aims 5X growth by increasing book size to INR 6,000 Cr by 2025 • Two new members from Nuveen [...]
