Zoho Corporation launches ‘Zakya’ modern retail POS solution in India
New Delhi, Feb 27 - Tech company Zoho Corporation on Tuesday announced the launch of ‘Zakya’ a modern point of sale (POS) solution for retail stores in India that aims to streamline their day-to-day operations.
India seeks greater say for developing countries at WTO meet
Abu Dhabi, Feb 26 - India told the 13th Ministerial Conference of the World Trade Organization (WTO) in Abu Dhabi on Monday that it is of the firm view that developing countries require flexibility in the existing agreements to overcome the constraints faced
SEBI receiving complaints regarding fraudulent trading platforms falsely claiming affiliation with FPIs
New Delhi, Feb 26 - Markets regulator SEBI has asked investors to exercise caution and to steer clear of any social media messages, WhatsApp groups, Telegram channels, or apps claiming to facilitate stock market access through FPIs or FIIs registered with SEBI.
FM Sitharaman stresses on compliance of norms at meet with fintech heads
New Delhi, feb 26 - Finance Minister Nirmala Sitharaman on Monday held a meeting with the heads of several fintech companies and startups during which she emphasised the need for strict adherence to official regulations and giving paramount importance to the protection of
India’s coal imports for power plants fall by 37% as self-reliance grows
New Delhi, Feb 26 - India’s coal-based power generation grew by a double-digit -- 10.06 per cent -- from April 2023 to January 2024 compared to the same period of the previous year, while coal imports for blending witnessed a significant decrease of
RBI fines SBI, Canara Bank for breach of rules
Mumbai, Feb 26 - The Reserve Bank of India (RBI) announced on Monday that it has imposed penalties on the State Bank of India (SBI) and Canara Bank for non-compliance with banking regulations and RBI directions.
Power giant NTPC’s mining arm surpasses 100mn tonnes coal production milestone
New Delhi, Feb 26 - Government-owned power giant NTPC's coal-mining subsidiary NTPC Mining Ltd. (NML) has surpassed the milestone of producing 100 million metric tonnes (MMT) of coal.
SJVN to supply 300 MW solar power to J&K from Rajasthan unit
New Delhi, Feb 26 - SJVN Limited, through its wholly-owned subsidiary SJVN Green Energy Limited (SGEL), has signed a power usage agreement with Jammu & Kashmir Power Corporation Limited to supply 300 MW of solar power from its 1,000 MW Bikaner Solar Power
Nifty slips on profit booking in heavyweights
Mumbai, Feb 26 - Nifty remained sideways throughout the session on Monday with negative bias and closed with a loss of 91 points at 22,122 levels.
Oil India Ltd to hold global partner roadshow in UAE
New Delhi, Feb 26 - Oil India Limited (OIL), India's youngest Maharatna central public sector enterprise, has announced its first-ever global partner roadshow: "Confluence: Where Energy and Opportunity Converge" which is scheduled to take place on 28th February at Abu Dhabi in the
Centre announces relief package for Andhra, Karnataka tobacco farmers
New Delhi, Feb 26 - The Centre has announced a relief package for FCV (Flu Cured Virginia) tobacco farmers in Andhra Pradesh and Karnataka which includes interest free loans and waiving of penalties.
Rural livelihoods have seen an improvement implying success of govt policy
New Delhi, Feb 26 - The results of the Household Consumption Expenditure Survey (HCES) for 2022-23 demonstrates that rural livelihoods have seen an improvement, especially for the lowest-income classes, as per an analysis by Emkay Global Financial Services.
Sony Pictures denies reports of acquiring stake in OTT platform Aha
New Delhi, Feb 26 - Sony Picture India has denied speculation of an acquisition of a stake in OTT platform Aha.
Water security to be important for semiconductor industry players: S&P Global Ratings
Chennai, Feb 26 - Credit rating agency S&P Global Ratings on Monday said semiconductor chip makers must focus on managing their water resources as water security will be an important factor in their credit profiles.
India is in multiple sweet spots from geo-strategic to demographics
New Delhi, Feb 26 - India is in multiple sweet spots. From geostrategic to demographics, there are plenty of well-discussed motivating factors for global investors to look at India favourably, Taimur Baig, MD and Chief Economist, DBS Group Research and Nathan Chow, Senior
India’s poverty level has fallen below 5%: NITI Aayog CEO
New Delhi, Feb 26 - The latest household consumer expenditure survey indicates that India's poverty level has fallen below 5 per cent and people are becoming more prosperous both in the rural and urban areas, NITI Aayog CEO B.V.R. Subrahmanyam said on Sunday.
I’m still the CEO, management remains unchanged: Byju Raveendran
New Delhi, Feb 24 - Edtech company Byju’s founder Byju Raveendran on Saturday refuted reports of being fired from the company, saying such rumours were greatly exaggerated and he remains at the helm.
Pernod Ricard India, Maha govt sign MoU for 200 mn euro malt spirits distillery
New Delhi, Feb 23 - Pernod Ricard India, a leader in the wine and spirits industry, on Friday signed Memorandum of Understanding (MoU) with the government of Maharashtra to set up a malt spirits distillery in Nagpur's industrial suburb, Butibori, with an investment
India dedicated funds see 49th straight week of inflows
New Delhi, Feb 23 - India dedicated funds have now seen the 49th straight week of inflows, Elara Securities said in a report.
Kalyani Steel signs MoU with Odisha govt to set up manufacturing complex
Bhubaneswar, Feb 24 - The Kalyani Steel Limited on Friday signed an MoU with the Odisha government on Friday in the presence of Chief Minister Naveen Patnaik for the establishment of a Titanium Metal and Aerospace Components Manufacturing, and Integrated Advanced Specialty Steel