Markets sustain upward momentum as Sensex closes above 75K for the first time
Mumbai, April 10 - The Indian markets sustained their upward momentum on Wednesday, buoyed by a robust performance in the broader market, albeit slightly lagging behind its Asian and European counterparts, said Vinod Nair, Head of Research at Geojit Financial Services.
Fitch cuts China’s sovereign credit rating
New Delhi April 10 - Global rating agency Fitch has downgraded China's sovereign credit rating from stable to negative, citing concerns over the country’s rising fiscal deficit.
Govt extends deadline for submitting R&D proposals under Green Hydrogen Mission
New Delhi April 9 - The Ministry of New & Renewable Energy announced on Tuesday that the deadline for submission of R&D proposals under the National Green Hydrogen Mission has been extended to 27th April 2024.
Hinduja Group’s IIHL to acquire 60% stake in Invesco India Asset Management
New Delhi, April 9 - IndusInd International Holdings Limited (IIHL), a Mauritius-based investment holding company backed by the Hinduja Group, and Invesco Ltd have announced to enter into a definitive agreement to form a joint venture which will see IIHL acquire 60 per
EU, India join hands to nurture startups in EV battery recycling field
New Delhi, April 9 - In a fillip to the country’s electric vehicle (EV) goals, the European Union (EU) and India on Tuesday joined hands to promote startups working in the area of battery recycling technologies for EVs.
Ola to shut global operations, to focus on Indian market
New Delhi, April 9 - Ride-hailing company Ola on Tuesday said it has decided to shut down all of its existing global markets, namely the UK, Australia and New Zealand amid rising competition.
ISH, Sommet Education and Accor Group announce Indian talent development initiative
New Delhi, April 9 - India's hospitality sector is renowned for its rich and diverse cultural heritage and exceptional warmth. The country offers a broad range of experiences, from luxury resorts to heritage hotels, making it a desired destination for global travellers eyeing
Altair expands operations in India, opens new office
New Delhi, April 9 - US-based information technology company Altair on Tuesday expanded its operations in India by opening a new office.
Tesla’s entry in India a natural progression: Elon Musk
New Delhi, April 9 - The entry of Tesla in India, as the company scouts for factory land, will be a natural progression, its CEO Elon Musk has said, as the country gears up for mobility transformation.
Bajaj Allianz Life introduces premium payment options on WhatsApp
New Delhi, April 9 - Bajaj Allianz Life Insurance on Tuesday said that it partnered with Meta to introduce premium payment options on WhatsApp for customers to seamlessly manage their policies and payments all in one place.
EV firm Ultraviolette unveils industry-1st coverage up to 8 lakh kms for F77 e-bike
Bengaluru, April 9 - Global EV company Ultraviolette Automotive on Tuesday announced an industry-leading battery and drivetrain warranty structure for its flagship electric motorcycle called F77 that offers coverage spanning up to 800,000 kms.
PayU partners PayPal to improve cross-border payments for Indian merchants
New Delhi, April 9 - Leading online payment solutions provider PayU on Tuesday announced its partnership with the US-based fintech company PayPal to enhance the cross-border payment experience for Indian merchants.
India gears up to woo investors for ‘Clean Economy’ startups at 14-nation meet in Singapore
New Delhi April 9 - India plans to showcase its leadership position in the Clean Economy space and the various innovative solutions driving it in the forthcoming investor forum meeting of the Indo-Pacific Economic Framework for Prosperity (IPEF) to be held in Singapore
Maruti Suzuki India’s new vehicle assembly plant starts rolling out cars
Chennai, April 9 - Passenger car major Maruti Suzuki India Limited on Tuesday said its new vehicle assembly line at its Manesar facility went on stream rolling out its Ertiga model first.
CBDT refutes reports on special drive to reopen tax cases on HRA claims
New Delhi, April 8 - The Central Board of Direct Taxes (CBDT) clarified on Monday that the Income Tax Department is not carrying out any special drive to re-open cases on issues pertaining to HRA claims as has been reported in some sections
Govt bonds worth Rs 30,000 crore to come up for auction on April 12
New Delhi, April 8 - The Finance Ministry on Monday announced the sale of government bonds worth Rs 30,000 crore in three different categories that will be put up for auction by the RBI’s Mumbai Office on April 12 (Friday).
REC loans for green projects record 6-fold jump to Rs 1.37 lakh crore
New Delhi, April 8 - Government-owned power finance giant REC has recorded an over 6-fold jump to Rs 1,36,516 crore in loans sanctioned for renewable energy projects during 2023-24 compared to the corresponding figure of Rs 21,371 crore in 2022-23, official figures released
RBI Governor seeks better deal for retail customers in forex market
Mumbai, April 8 - RBI Governor Shaktikanta Das on Monday emphasised the need to give retail customers a fair deal in foreign exchange markets that is at par with large customers.
Swiggy now delivers to houseboats on Dal Lake in Srinagar
New Delhi, April 8 - Online food delivery platform Swiggy on Monday said that it now delivers to tourists staying on houseboats on Dal Lake in Srinagar.
Adani Gas subsidiary joins MG Motor India to install charging stations to boost India’s EV goals
New Delhi, April 8 - In a bid to help India build a robust and efficient EV charging infrastructure, Adani TotalEnergies E-Mobility Limited (ATEL) and MG Motor India on Monday signed a memorandum of understanding (MoU), which is aimed at enabling ease of