Tata Consumer gets Rs 171.83 crore tax demand from I-T department
Mumbai, June 29 - Tata Consumer Products Ltd on Saturday said it has received an income tax demand of Rs 171.83 crore for the assessment year 2019-20. bu
Govt launches eSankhyiki data portal to mark India’s Statistics Day
New Delhi, June 29 - The Ministry of Statistics and Programme Implementation (MOSPI) on Saturday launched an eSankhyiki portal with the objective of establishing a comprehensive data management and sharing system for ease of dissemination of official statistics in the country.
Infinix launches new laptop with GenAI capabilities in India
New Delhi, June 29 - Infinix on Saturday launched a new laptop -- the Zero Book Ultra AI PC, with generative artificial intelligence (GenAI) capabilities to create an ecosystem of future-forward laptops in India.
Political stability, aggressive retail buying force FPIs to turn buyers in India
Mumbai, June 29 - Political stability and sharp rebound in markets aided by aggressive retail buying have forced the foreign portfolio investors (FPIs) to turn buyers in India, market watchers said on Saturday.
India’s fiscal deficit registers steep fall in first 2 months of 2024-25
New Delhi, June 28 - The Centre’s fiscal deficit narrowed to 3 per cent of the full-year estimate in the first two months of the current financial year (2024-25) compared to 11.8 per cent during the same period of the previous fiscal on
Sensex, Nifty snap four-day winning streak amid profit booking in financial stocks
Mumbai, June 28 - The Indian equity benchmarks closed in red on Friday following profit booking in financial and banking stocks.
Byju Raveendran failed because he didn’t listen to anyone: Unacademy CEO
New Delhi, June 28 - Byju Raveendran, Founder and Group CEO of embattled edtech firm Byju's, faced setbacks as he put himself on a pedestal and stopped listening to anyone, said Gaurav Munjal, Co-founder and CEO of Unacademy on Friday.
RBI is using AI for real-time data analysis: Shaktikanta Das
Mumbai, June 28 - The Reserve Bank has ventured into Artificial Intelligence (AI) and Machine Learning (ML) analytics in multiple areas in order to develop cutting-edge systems for high frequency and real-time data monitoring and analysis, RBI Governor Shaktikanta Das said on Friday.
ITC scaling up ‘Food Safe Spices’ and other value-added agri products to accelerate growth
New Delhi, June 28 - The scope and scale of operations of ITC’s Agri Business have grown manifold over the years and currently encompasses nearly 3 million tonnes of annual volume in 22 states and over 20 agri-value chains, according to the ITC
Centre unveils new draft rules for breath analysers used by cops, workplace testers
New Delhi, June 28 - The Legal Metrology Division of the Department of Consumer Affairs, has unveiled new draft rules for Evidential Breath Analysers which aim to ensure the accuracy and reliability of breath analysers used by law enforcement agencies and workplaces so
6 out of 10 German firms plan new investments in India in FY25 over positive economic outlook
New Delhi, June 28 - Driven by political stability and a skilled workforce, India's importance as an investment location for global companies is growing sustainably and at least six out of 10 (59 per cent) of German companies plan to increase their investments
India is now world’s 3rd largest domestic aviation market, next to US & China
New Delhi, June 28 - India has now become the world’s third-largest domestic aviation market after the U.S. and China, as airlines such as IndiGo and Air India have expanded their fleet size to cater to the surge in air passengers, according to
NODWIN Gaming to acquire esports firm Freaks 4U Gaming for Rs 271 crore
New Delhi, June 28 - E-sports and gaming company NODWIN Gaming on Friday said that it will be acquiring Berlin-based global full-service gaming and esports agency Freaks 4U Gaming for Rs 271 crore.
India’s inclusion in global bond index effective from today
Mumbai, June 28 - India government bonds or government securities are set for inclusion in the global bond index from Friday.
Exchange Rate Automation Module ops to start on July 4, exporters & importers to benefit
New Delhi, June 28 - The Central Board of Indirect Taxes and Customs (CBIC) has issued a circular for the launch of the Exchange Rate Automation Module (ERAM) with effect from July 4 to enhance trade facilitation for exporters and importers.
PM Gati Shakti scheme has scaled up India’s infra, spurred growth: Morgan Stanley
New Delhi, June 28 - Global investment bank and financial company Morgan Stanley has stated that the PM Gati Shakti scheme has succeeded in giving a new fillip to India’s infrastructure development and multi-modal connectivity across highways, railways and ports that has spurred
AWS picks 24 Indian startups for space accelerator programme
New Delhi, June 28 - Amazon Web Services (AWS) on Friday announced its first-ever space accelerator programme in India, selecting 24 startups from the country, providing a big boost to the space startup sector.
Thales inks pact with Adani Defence to manufacture 70mm rockets in India
New Delhi, June 28 - In a major fillip to the government's local manufacturing push, Adani Defence & Aerospace - the defence arm of the Adani Group — has signed an agreement with the Thales Group to manufacture 70mm rockets in India.
Bharti Airtel announces steep hike in mobile tariffs effective from July 3
New Delhi, June 28 - Telecom major Bharti Airtel, on Friday, announced a steep hike in mobile tariffs, with effect from July 3.
Nifty hits 24,000 for the first time, Sensex at record high
Mumbai, June 27 - Indian frontline indices again touched an all-time high on Thursday as strong buying was seen in IT stocks.