Zee Entertainment denies report of fund diversion
New Delhi, Feb 21 - Zee Entertainment Enterprises said on Wednesday that the company is not aware of any order wherein SEBI has recorded any finding.
India home to 247 mn entrepreneurial households driving $8.8 trillion transaction value
Mumbai, Feb 21 - India is home to at least 247 million entrepreneurial households who will be the drivers of India's next economic wave, driving an $8.8 trillion transaction value in FY23, a new report showed on Wednesday.
PM to dedicate to nation 2 N-power reactors; Kakrapar plant 4 to be connected to grid soon
Chennai, Feb 21 - India’s atomic power major Nuclear Power Corporation of India Ltd (NPCIL) will soon connect its second 700 MW Pressurised Heavy Water Reactor (PHWR) to the grid, an official said on Wednesday, ahead of Prime Minister Narendra Modi’s visit to
AI startups from Tier 2, 3 cities is PM Modi’s dream: Union Minister
New Delhi, Feb 21 - As India sees a spurt in startups in the field of Artificial Intelligence (AI), Prime Minister Narendra Modi has a dream that startups in new and emerging technologies should now come from Tier 2 and 3 cities, Minister
DPIs like UPI, Aadhaar to propel India towards $8 trillion economy by 2030
New Delhi, Feb 21 - Digital Public Infrastructure (DPIs) like Unified Payments Interface (UPI) and Aadhaar are poised to propel India towards a $8 trillion economy by 2030, helping the country achieve a $1 trillion digital economy target, a Nasscom-led report said on
RBI economists reject IMF view that India’s debt-GDP ratio may shoot up
Mumbai, Feb 20 - RBI economists, in a report released on Tuesday, rejected the IMF view that India’s debt-GDP ratio has the potential of shooting past 100 per cent if historical shocks materialise and hence the country needs to go cut government expenditure.
Zee Entertainment denies any talks with Sony to revive merger
New Delhi, Feb 20 - Zee Entertainment has denied reports that the company is in talks to revive the merger with Sony.
Bitcoin market cap scales $1 trillion
London, Feb 20 - The value of the world’s most popular cryptocurrency, Bitcoin, has more than tripled to $52,000 since November 2022.
RBI bulletin pegs India’s GDP growth in Q4 at 7%, corporate investments likely to surge
Mumbai, Feb 20 - The RBI’s monthly bulletin released on Tuesday expects a fresh round of capital expenditure by the corporate sector to fuel the next leg of growth in the Indian economy and has pegged the GDP growth rate at 7 per
Govt sets March 21 deadline for public comments on guidelines to curb greenwashing
New Delhi, Feb 20 - The Central Consumer Protection Authority has sought public comments on Draft Guidelines for Prevention and Regulation of Greenwashing, which is a misleading practice of making false environmental claims in ads to sell products.
In a first, APEDA plans trial run of mango, pomegranate exports by sea to USA & Europe
New Delhi, Feb 20 - Agricultural and Processed Food Products Export Development Authority (APEDA) is planning to send trial shipments of mangoes and pomegranates to the USA and the European Union by sea with the aim of bringing down the transport cost of
vEPFO adds 15.62 lakh net members in Dec 2023 as employment risesv
New Delhi, Feb 20 - EPFO’s data released on Tuesday highlighted that 15.62 lakh net members have been added to the employment payroll in December, 2023 which is highest in the last three months.
ServiceNow partners AICTE to skill over 10K students on its platform in 1st yr
New Delhi, Feb 20 - Digital workflow company ServiceNow on Tuesday signed a Memorandum of Understanding (MoU) with the All India Council For Technical Education (AICTE) under the Ministry of Education, with a goal to skill more than 10,000 students on its platform
Ashok Leyland flags off work on new factory for making e-buses in Lucknow
Lucknow, Feb 20 - Hinduja Group auto major Ashok Leyland on Tuesday flagged off work on the construction of a new integrated commercial vehicle plant for manufacturing electric buses in Uttar Pradesh.
Waaree Renewable Technologies bags Rs 990.60cr EPC order
Chennai, Feb 20 - Solar power engineering, procurement and construction (EPC) major Waaree Renewable Technologies Ltd has secured Rs 990.60 crore order from a domestic company.
Japan extends Rs 12,814 crore loan for 9 infra projects in India
New Delhi, Feb 20 - The Goverment of Japan on Tuesday committed Official Development Assistance (ODA) loan to the tune of approximately Rs 12,814 crore for nine projects across various sectors in India.
India reversing missed opportunities of last 75 years, China chip era slowing down: Minister
New Delhi, Feb 20 - India is reversing the missed opportunities of the last 75 years and when it comes to semiconductors, China’s momentum is slowing down as they are not viewed as a trusted partner in the future of tech, Union Minister
Urban sector growth outpaced rural sector for 11th consecutive quarter
New Delhi, Feb 20 - Urban consumption grew 9.8% YoY in 3QFY24, the highest in five quarters and compared to 6.9% YoY growth in the previous quarter, as per a report by Motilal Oswal Financial Services.
India’s IPO tally hit a six-year high in 2023
New Delhi, Feb 20 - In total, 243 companies were listed on Indian bourses in the year ended December 31, 2023, the highest annual tally in at least six years, according to S&P Global Market Intelligence data.