Goldman Sachs ups India’s GDP growth forecast
New Delhi, May 27 - Leading global financial firm Goldman Sachs has revised its forecast for India’s GDP growth by 10 basis points to 6.7 per cent as it expects the government’s heavy investments in big-ticket infrastructure projects to continue with the huge
Fintech leaders hail PM Modi on India leading in UPI
New Delhi, May 27 - Fintech leaders on Monday hailed Prime Minister Narendra Modi on India leading in unified payments interface (UPI), saying that the country's fintech landscape is now a hotbed for innovation, reflecting the nation's fearless spirit.
Adani Energy Solutions to raise up to Rs 12,500 crore
Mumbai, May 27 - Adani Energy Solutions Ltd (AESL) on Monday said that its board has approved to raise funds not exceeding Rs 12,500 crore through Qualified Institutional Placement (QIP) or other permissible mode in accordance with the applicable laws, in one or
Indian Oil hands over Green Hydrogen Fuel Cell Bus to army for use in Delhi-NCR
New Delhi, May 27 - Indian Oil on Monday handed over a state-of-the-art green hydrogen fuel cell bus to the Indian Army as part of the public sector oil giant’s objective to promote sustainable, eco-friendly transportation.
Sensex closes flat after touching 76,000 for first time
Mumbai, May 27 - India equity benchmarks closed flat on Monday following sideways sentiment in the Market.
DoT takes action on over 10K fraudulent messages sent using 8 SMS headers
New Delhi, May 27 - The Department of Telecommunications (DoT), which comes under the Ministry of Communications & Information Technology, on Monday said that it took action on more than 10,000 fraudulent messages that were sent using eight SMS headers in the last
ITC’s Hotel Group expands in Rajasthan with ‘Mementos Jaipur’
New Delhi, May 27 - ITC’s Hotel Group announced the opening of Mementos by ITC Hotels, Jaipur, its second Mementos property in India, after Mementos Udaipur.
Fitch sees big RBI dividend to govt as positive for India’s rating
New Delhi, May 27 - Global rating agency Fitch views the larger-than-expected Reserve Bank of India (RBI) dividend of Rs 2.1 lakh crore to the government, announced last week, as positive for India’s sovereign rating fundamentals.
Hyundai Motor installs EV charging station in Chennai, plans 100 facilities in Tamil Nadu
New Delhi, May 27 - Automaker Hyundai Motor India on Monday inaugurated its first 180 kW (kilowatts) DC fast public electric-powered vehicles (EV) charging station in Chennai, comprising 150 kW & 30 kW connectors.
Cybercriminals launched on avg 9K online attacks on Indian firms per day in 2023: Report
New Delhi, May 27 - Cybercriminals launched an average of nearly 9,000 online attacks targeting Indian businesses per day in 2023, a new report revealed on Monday.
NSE to launch one paisa ticket size for stocks below Rs 250 from June 10
Mumbai, May 27 - The National Stock Exchange is set to launch a new one paisa ticket for stocks below the trading price of Rs 250 per share, according to the NSE circular.
Zypp Electric raises $15 mn to expand company’s fleet, domestic operations
New Delhi, May 27 - Tech-enabled EV-as-a-service platform Zypp Electric said on Monday that it raised $15 million to expand the company's fleet from 21,000 to 2,00,000 electric scooters and domestic operations to 15 cities across the country by 2026.
BluSmart launches new ‘charge’ app to meet diverse EV customer needs
New Delhi, May 27 - Homegrown electric vehicle (EV) company BluSmart on Monday launched a new app -- 'BluSmart Charge' on Google Play Store and Apple App Store to meet diverse EV customer needs.
Musk’s AI firm xAI raises $6 bn to boost research, development of future tech
New Delhi, May 27 - Elon Musk-run artificial intelligence (AI) company xAI said on Monday that it raised $6 billion to accelerate the research and development of future technologies.
PhonePe’s Pincode partners with Simpli Namdhari’s in Bengaluru to tap wider customer base
Bengaluru, May 27 - Homegrown store-first commerce app Pincode by PhonePe on Monday announced it has partnered with Simpli Namdhari’s – India’s only 100 per cent veg omni-channel retailer — to help reach a larger online customer base.
Hyundai Glovis to adopt emission reduction system for PCTCs from next year
Seoul, May 27 - Hyundai Glovis, the logistics unit of Hyundai Motor Group, said on Monday it has signed a deal with Stax Engineering to adopt an emission reduction system for its pure car and truck carriers (PCTCs) as part of efforts to
Docking of largest container ship shows Mundra Port’s unmatched capabilities: Karan Adani
New Delhi, May 26 - The docking of the largest container ship ever at an Indian port highlights Mundra's unmatched capabilities and a testimony to the company’s nation-building efforts, Karan Adani, Managing Director, Adani Ports and Special Economic Zone (APSEZ), said on Sunday.
WIPO treaty a huge win for India, Global South: Ministry
New Delhi, May 26 - The World Intellectual Property Organisation (WIPO) treaty on intellectual property, Genetic resources (GRs) and associated traditional knowledge (ATK), is a significant win for countries of the Global South and for India, Ministry of Commerce & Industry said on
Hyundai Mobis to expand investment in EV parts, automotive chips
Seoul, May 26 - Hyundai Mobis, South Korea's leading auto parts maker, has said it plans to boost its investment in electric vehicle (EV) parts and automotive chips this year.
Largest container ship ever to arrive in India docks at Adani’s Mundra Port
Ahmedabad, May 26 - Mundra Port, the flagship of Adani Ports and Special Economic Zone Ltd (APSEZ), has created yet another record by welcoming the largest container ship ever to call at an Indian port, the company announced on Sunday.