Mumbai, Apr 12 (PTI) Auto-tech company CarDekho Group on Tuesday said it has appointed Sharad Saxena as its CEO for the used car business.Saxena, who will report to CarDekho Group Founder-CEO Amit Jain, will oversee the pan-India used car business of the company, team development and work on strengthening the organisation's business offering through retail [...]
New Delhi, Apr 12 (PTI) Hero Electric on Tuesday said it has joined hands with EV charging platform ElectricPe to set up charging points across India for its customers. The collaboration entails Hero Electric riders to access ElectricPe’s charging network. The charging points would come up at residential complexes, offices, malls, and other establishments. The [...]
New Delhi, Apr 12 (PTI) German food manufacturer Dr Oetker is expecting its operations in India to clock turnover of Rs 1,000 crore in the next 5-6 years, driven by growth in mayonnaise, peanut butter and ready to eat cakes segments, according to a senior company official. Dr Oetker, which has emerged as one of [...]
Maruti Suzuki India (MSI) on Tuesday said its Rohtak-based R&D centre, which witnessed a fire incident, is covered under an insurance policy and the damage assessment is being carried out. On Monday, the country' largest carmaker had informed the bourses that two people working with a contract firm died in a fire at its research [...]
New Delhi, Apr 12 (PTI) Vaccine major Serum Institute of India (SII) has appealed to the government to reduce the gap between the second and booster dose to six months from nine months at present to safeguard people against emerging COVID variants, according to its CEO Adar Poonawalla. Recalling that they could not meet the [...]
With this launch, TWT takes artisanal chocolate to scale by offering decadent premium dark chocolates at a highly competitive price point MUMBAI, India, April 12, 2022 /PRNewswire/ -- India's first 100% Clean Label brand, The Whole Truth Foods (TWT), presents India's first chocolate range, sweetened only with dates and without any added sugar or artificial [...]
New Delhi, Apr 12 (PTI) Sunteck Realty on Tuesday said its sales bookings rose 27 per cent to Rs 1,303 crore in the last fiscal.Its sales bookings stood at Rs 1,022 crore in the previous financial year.The company's collections from customers rose 35 per cent to Rs 1,053 crore in FY22 from Rs 780 crore [...]
U.S. Semiconductor Industry Association signs MoU with its Indian counterpart to boost semiconductor cooperation in India New Delhi, Delhi, India (NewsVoir) The Semiconductor Industry Association (SIA), the top trade association representing the U.S. semiconductor industry, today signed a Memorandum of Understanding (MoU) with the India Electronics and Semiconductor Association (IESA), the premier trade group representing [...]
Nagpur, Maharashtra, India (NewsVoir) Grameen Impact Ventures (GIV), in collaboration with MasterCard Technologies, today announced the launch of Grameen Kisan Connect (GKC), a significant initiative toward the digitalization of agriculture value chains in India. Agriculture and allied services account for 18 per cent of India’s GDP and over half of all the employment in the [...]
Mumbai, Apr 12 (PTI) BSE benchmark Sensex slumped over 388 points to close at 58,576.37 on Tuesday, tracking heavy losses in index-majors Tata Steel, Wipro and Reliance Industries following a broad-based selloff in global markets.A sharp depreciation in the rupee and persistent selling by foreign investors also dented market sentiment, analysts said.Investors remained cautious ahead [...]
Mumbai, Apr 12 (PTI) Research-based specialty chemicals manufacturer Dorf Ketal has entered into an agreement to acquire the business of Ahmedabad-based Khyati Chemicals. According to sources in the chemicals industry, the deal could be worth anywhere between Rs 300 to Rs 400 crore. The deal will help Dorf Ketal, with an annual revenue of Rs [...]
New Delhi, Apr 12 (PTI) Shares of Tata Consultancy Services on Tuesday settled on a flat note as the company's quarterly earnings failed to cheer investors. The market heavyweight stock opened the trade on a tepid note and gained 1.14 per cent to Rs 3,738.60 during the day on the BSE. It hit a high [...]
New Delhi, Apr 12 (PTI) Global fintech firm Drip Capital on Tuesday said it facilitated a record USD 150 million (nearly Rs 1,142 crore) worth of trade invoice through its channel during March 2022. It is the highest origination by the company in a single month since its inception in 2016, Drip Capital said in [...]
Mumbai, Apr 12 (PTI) redBus, a MakeMyTrip group company, on Tuesday announced the launch of redRail app and expects the segment to contribute 10-15 per cent in gross ticketing value of the company in 3-4 years. "The launch of standalone redRail app comes at an opportune time as there has been a steady increase in [...]
Washington, Apr 12 (PTI) India and the US have decided to establish a new education group to further strengthen cooperation in the field of education and skill development through joint collaborations and promote student and scholar mobility to build people-to-people linkages.In a joint statement issued on Monday after the fourth India-US 2+2 Ministerial Dialogue, the [...]
Mumbai, Apr 12 (PTI) At least 14 ads by mobile game operators broadcast during the first week of the ongoing IPL cricket tournament have been found to be violating the guidelines set by the advertising industry, self-regulatory watchdog ASCI said on Tuesday. The Advertising Standards Council of India (ASCI) said it screened 35 ads from [...]
New Delhi, Apr 12 (PTI) The Asian Development Bank will provide a USD 2 million loan for designing climate resilient urban infrastructure, strengthening institutional capacity and improving municipal resource mobilisation in Nagaland.Government of India and ADB on Tuesday signed the USD 2 million Project Readiness Financing (PRF) loan, the Manila- headquartered lender said in a [...]
Islamabad, Apr 12 (PTI) Pakistan's newly-elected Prime Minister Shehbaz Sharif on the first day in office on Tuesday abolished two weekly offs in government offices and also changed their timings, as he attempted to revive the cash-strapped country's economy.Sharif, who was sworn-in as the 23rd prime minister of Pakistan on Monday, reached his office at [...]
