Colombo, Mar 21 (PTI) China is considering a USD 2.5 billion credit facility to Sri Lanka, Beijing's top diplomat in Colombo said on Monday, as the island nation is reeling under an acute economic and energy crisis triggered due to a shortage of foreign exchange. Chinese Ambassador Qi Zhenhong’s announcement came closely on the heels [...]
New Delhi, Mar 21 (PTI) B2B trade platform Bizongo has acquired IoT and real-time location services (RTLS) solutions provider Clean Slate Technologies for an undisclosed amount, the company said on Monday. Through this acquisition, Bizongo aims to equip more than 100 Indian factories with its IoT-powered cloud factory solution by 2023, Bizongo said in a [...]
NGO Salaam Bombay Foundation focusses on Nurturing Grassroots Adolescent Entrepreneurs - launches Dolphin Tank in close collaboration with the School of Business Management (SBM), NMIMS, a unique initiative to offer guidance and financial support to resource-challenged aspiring grassroots adolescent entrepreneurs. MUMBAI, India, March 21, 2022 /PRNewswire/ -- In a first of its kind initiative, NGO, [...]
Mumbai, Maharashtra, India (NewsVoir) Asia’s largest music label, publisher and film studios, T-Series and India’s largest and most awarded private radio network, RED FM collaborate once again for Indie Hai Hum Season 3. With the previous season gaining massive appreciation and success, T-Series and RED FM gear up for its third season where audiences will [...]
Ola Electric on Monday said it has invested in Israeli cell technology company StoreDot, a pioneer in batteries with extreme fast charging (XFC) solutions. The investment in StoreDot is the first of several global strategic investments planned by the company as it looks to ramp up its core R&D in advanced cell chemistry and manufacturing [...]
New Delhi, Mar 21 (PTI) Inflection Point Ventures (IPV), an angel investment platform, on Monday announced the launch of its new fund Physis Capital that will have a corpus of USD 50 million (about Rs 380 crore). The new fund aims to build a portfolio of 15-20 startups with an average ticket size of USD [...]
New Delhi, Mar 21 (PTI) The government is holding roadshows for IDBI Bank privatisation and will come out with EoI after assessing investor interest, Minister of State for Finance Bhagwat Karad said on Monday.The Cabinet Committee on Economic Affairs had in May last year given in-principle approval for strategic disinvestment and transfer of management control [...]
New Delhi, Mar 21 (PTI) Drug firm Hetero on Monday said its biologics arm has received approval from the Central Drugs Standard Control Organisation (CDSCO) to manufacture and sell Sputnik Light for restricted emergency use in India. Hetero is the first biopharmaceutical company in India to receive Manufacturing and Marketing (M&M) approval for the product [...]
New Delhi, Mar 21 (PTI) As many as 11 banks have recovered nearly Rs 61,000 crore by way of one-time settlement in nearly four financial years, the government informed Parliament on Monday.The figures are for the last three financial years and up to December 2021 of the current fiscal.As per instructions of the Reserve Bank, [...]
Mumbai, Maharashtra, India – Business Wire India Augnito.ai announced its ‘End of Financial Year’ EOFY SaaS Fest for retail customers in India beginning March this year. Through this exclusive rollout, Augnito.ai is offering its newly updated, advanced version of desktop and mobile app at an unbeatable price that covers over 12 medical specialities including Radiology, [...]
Chennai, Tamil Nadu, India (NewsVoir) • Dr. B. Ramakrishnan (BRK) to head the delegation to Ethiopia from Tamil Nadu • Ambassador of Ethiopia in India Dr.TizitaMulugeta presents trade in Ethiopia The India Africa Trade Council-COMESA organized the India Ethiopia Trade Conference which was attended by the Business community in South India especially Tamil Nadu. The [...]
New Delhi, Mar 21 (PTI) Guar seed prices on Monday went down by Rs 41 to Rs 6,119 per 10 quintals in the futures trade. On the National Commodity and Derivatives Exchange, guar seed contracts for April delivery was trading at Rs 6,119, down by Rs 41 or 0.67 per cent, per 10 quintals with [...]
New Delhi, Mar 21 (PTI) Guar gum prices on Monday fell by Rs 15 to Rs 11,225 per five quintals in the futures market as traders offloaded their holdings in line with weak trend at spot market. On the National Commodity and Derivatives Exchange, guar gum for April delivery fell by Rs 15 or 0.13 [...]
New Delhi, Mar 21 (PTI) E-sports firm Mobile Premier League has earmarked Rs 2,000 crore for a two-month-long multi-sport online mobile gaming tournament Great Indian Gaming League, starting from March 24, the company said on Monday.The tournament may see 3.5 million winners across multiple games and could potentially create thousands of winners between Rs 1 [...]
New Delhi, Mar 21 (PTI) Tata Motors on Monday said it has launched its premium hatchback Altroz with dual-clutch automatic transmission, priced between Rs 8.09 lakh and Rs 9.89 lakh (ex-showroom).Altroz DCA comes equipped with several segment-first features, such as a wet clutch with active cooling technology, machine learning, shift by wire technology, self-healing mechanism, [...]
New Delhi, Mar 21 (PTI) Internet commerce company Meesho on Monday announced the appointment of Harsh Chaudhary to lead monetisation.The company, in a statement, said Chaudhary will lead the team that bolsters revenue generation from Meesho's various business units. Meesho has "announced the appointment of Harsh Chaudhary as CXO for monetisation", the statement said.His appointment [...]
Kolkata, Mar 21 (PTI) Syama Prasad Mookerjee Port (SMP), Kolkata opened a new chapter in cargo handling by commencing ship-to ship (STS) operations for LPG cargo bound for Bangladesh, an official statement said. Apart from ushering a new in the Indo-Bangladesh relations, it will also open connectivity between SMP Port Kolkata and Mongla Port of [...]
