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Huawei’s Meng says US sanctions significantly hurting Chinese telecom giant; posts worst annual revenue performance

Beijing, Mar 28 (PTI) Huawei posted its worst revenue performance last year as the Chinese telecom giant's high-profile CFO, Meng Wanzhou, who was released last year after a three-year detention in Canada over charges of violating US sanctions against Iran said on Monday that the American curbs on her firm “significantly affected” its profits. Huawei, [...]

Pixxel raises $25 mn from Radical Ventures, others

New Delhi, Mar 28 (PTI) Space tech startup Pixxel on Monday said it has raised USD 25 million in a series A funding round led by Toronto-based Radical Ventures. Jordan Noone, Seraphim Space Investment, Lightspeed Partners, Blume Ventures, Sparta LLC and Inventus Capital India also participated in the funding round. Pixxel CEO and co-founder Awais [...]

Aurobindo Pharma acquires Veritaz formulation biz for Rs 171 cr

New Delhi, Mar 28 (PTI) Aurobindo Pharma Ltd on Monday said it has acquired the domestic formulation business of Veritaz for a consideration of Rs 171 crore on debt-free cash-free basis. This acquisition vehicle will greatly help Aurobindo as a launch pad for marketing biosimilar and other products in India, the company said in a [...]

GSI, MECL submit geological reports of 25 mineral blocks to states

New Delhi, Mar 28 (PTI) Geological Survey of India (GSI) and Mineral Exploration Corporation Ltd (MECL) have submitted geological reports of 25 blocks of minerals such as emerald, glauconite and potash, to state governments and now states can initiate the process for auction of these blocks, Parliament was informed on Monday. The new minerals for [...]

No major impact of strike on banking services in Rajasthan

Jaipur, Mar 28 (PTI) Banking services were not affected majorly in Rajasthan due to the nation-wide strike called by central trade unions to protest against the policies of the Union government, according to a union official. Only three out of nine bank unions have given a call for the strike so banking services were not [...]

Over 900 sheep, goat units set up under J-K govt scheme in 2021-22

Jammu, Mar 28 (PTI) Over 900 sheep and goat units have been established in the financial year 2021-22 under the Integrated Sheep Development Scheme (ISDS) in Jammu and Kashmir, officials said on Monday.ISDS is one of the schemes of the Jammu and Kashmir sheep husbandry department aimed at achieving breakthroughs in wool and mutton production [...]

GOQii raises Rs 76 cr from Animoca Brands for building health metaverse

New Delhi, Mar 28 (PTI) Health tech firm GOQii has raised USD 10 million (about Rs 76 crore) from Animoca Brands for building its health metaverse, a top official of the company said on Monday. The company had raised USD 50 million in February last year in a series C round led by Sumeru Ventures [...]

Food startup FairPlum raises USD 2 mn from Unicorn India Ventures, others

New Delhi, Mar 28 (PTI) Food startup FairPlum on Monday said it has raised USD 2 million (around Rs 15 crore) in a funding round led by early stage focused VC, Unicorn India Ventures.Other investors in the seed fund round include Unilever Vice President - R&D Vivek Sirohi; Agri-Bazaar Co-Founder & CEO Amith Agarwal; Dinshaw [...]

Raj govt taking steps for welfare of farmers: Gehlot

Jaipur, Mar 28 (PTI) The Rajasthan government has not only talked about farmers' interest but has also taken steps for their welfare, Chief Minister Ashok Gehlot said on Monday. Gehlot mentioned that Rajasthan was the first state in the country to announce a separate budget for agriculture. Presenting a separate agriculture budget this year, the [...]

Das for 100 pc self-sufficiency in banknote manufacturing

Mumbai, Mar 28 (PTI) Reserve Bank of India Governor Shaktikanta Das on Monday stressed on achieving 100 per cent self-sufficiency in banknote manufacturing in the near future. He was speaking after dedicating Varnika, the ink manufacturing unit of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), to the nation in Mysuru. BRBNMPL, a wholly-owned subsidiary [...]

Jitendra New EV partners Log9 Materials for battery charging solutions

New Delhi, Mar 28 (PTI) Advanced battery technology startup Log9 Materials on Monday said it has entered into a collaboration with Maharashtra-based Jitendra New EV Tech Pvt Ltd to provide its battery charging technology to the latter's electric scooters.Under the collaboration, Jitendra New EV Tech will introduce its 'JMT 1000HS Rapid' e-scooters that can fully [...]

Odisha industry body seeks intervention of state, Centre to improve coal supply to non-power sector

Bhubaneswar, Mar 28 (PTI) Claiming that several units in steel, aluminium and other sectors are struggling to run their captive power plants with depleting coal stocks, an industry body in Odisha has sought intervention of the central and state governments to resolve the issue.Utkal Chamber of Commerce and Industry (UCCI) wrote to Coal and Mines [...]

Nationwide strike has limited impact in Maharashtra

Mumbai, Mar 28 (PTI) The nationwide strike had a limited impact in the financial capital on Monday, with most of the services functioning normally. Employees from Maharashtra's power sector utilities joined the strike despite the threat of action against them but they had extensive negotiations with the state's power minister Nitin Raut. Besides, employees from [...]

Services partly impacted as some bank unions went on strike

New Delhi, Mar 28 (PTI) Banking services were impacted partially on Monday as a section of bank employees did not report for duty in support of the two-day nationwide general strike called by central trade unions. The strike will continue on Tuesday. Transactions at many public sector banks were impacted as employees did not report [...]

Airports set to come out of the red next fiscal; topline to jump 50 pc: Report

Mumbai, Mar 28 (PTI) Airports, which have been struggling during the past two pandemic years, are set to return to the black next fiscal on the back of the resumption of regular international flights and an increase in domestic tariffs, according to a report.Air passenger traffic is likely to grow 68-70 per cent year-on-year to [...]

Tata Power, Rustomjee Group tie up for EV charging infra

New Delhi, Mar 28 (PTI) Tata Power and Rustomjee Group have collaborated to set up electric vehicle charging infrastructure at the commercial and residential projects of the latter across Mumbai metropolitan region, a statement said on Monday. Tata Power, one of India’s largest electric vehicle charging solutions providers, has collaborated with real estate developer Rustomjee [...]

The Helping Hands Foundation Presents Baby Shark Tank India

Mumbai, Maharashtra, India (NewsVoir) • Anupam Mittal, of The Shark Tank India Fame, Promotes Entrepreneurship with Empathy • Summer Fundraiser in Aid of Tata Memorial Hospital Paediatrics, Mumbai With a vision to support kids who are being treated at The Tata Memorial Hospital, The Helping Hands Foundation, helmed by Madhavi Goenka organised their fundraiser by [...]

MHIL: Bourses approve re-classification of Analjit Singh, family as public shareholders

New Delhi, Mar 28 (PTI) Max Healthcare Institute Ltd (MHIL) on Monday said that stock exchanges NSE and BSE have approved re-classification of Analjit Singh, his family and a group firm, as public shareholders.Singh, his family and group company Max Ventures Investment Holdings Pvt Ltd were the promoters of erstwhile Max Healthcare, which was acquired [...]
5 Common Credit Card Mistakes and How to Avoid Them?

5 Common Credit Card Mistakes and How to Avoid Them?

Credit cards are a great way to pay for expenses and to build your credit score. However, they can cost you a lot of money as well as damage your credit score if they are used incorrectly. Here are 5 common credit card mistakes that people make and how to avoid them: Only Making Minimum [...]
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