Byju’s vs investors: NCLT defers hearing to June 6
New Delhi, April 23 - The Bengaluru Bench of the National Company Law Tribunal (NCLT) on Tuesday deferred the hearing of the ongoing matter between embattled edtech company Byju's and some of its key investors to June 6.
Multiple catalysts for re-rating across verticals as RIL exits fourth investment cycle: Morgan Stanley
New Delhi, April 23 - Global brokerage Morgan Stanley has pointed to multiple catalysts for re-rating across verticals as Reliance Industries Limited (RIL) exits its fourth investment cycle.
RBI lists 6 factors powering India’s take-off to become world’s 3rd largest economy
Mumbai, April 23 - While India’s recent growth performance has surprised many, triggering a flurry of upgrades from financial institutions such as the IMF, the RBI bulletin released on Tuesday cites six factors that will propel the country to become the world’s third-largest
RBI sees India’s GDP growth trend surging past 7 per cent
Mumbai, April 23 - India's GDP growth trend is on the cusp of an upshift, with early signs of it rising above 7 per cent recorded during the 2020s before Covid-19 struck, according to the RBI's monthly bulletin for April released on Tuesday.
Internet subscribers reach 936.16 million in India, telephone subscribers cross 1.19 billion: TRAI
New Delhi, April 23 - The number of Internet subscribers reached 936.16 million at the end of December 2023, registering a quarterly rate of growth 1.96 per cent from 918.19 million at the end of September, the Telecom Regulatory Authority of India (TRAI)
‘Pakistan’s economy on right track for robust growth,’ claims Minister Muhammad Aurangzeb
Islamabad, April 23 - Pakistan's Federal Minister for Finance and Revenue, Muhammad Aurangzeb, on Tuesday, said that the country's economy is moving in the right direction, highlighting the government's commitment to robust economic growth and comprehensive social development.
54 pc Indian workers predict key shift in their roles in next 5 yrs: Report
New Delhi, April 23 - About 54 per cent of employees in India predict a substantial shift in their roles within the next five years, with 95 per cent expressing confidence in their ability to adapt to these changes, a report revealed on
Domestic demand improved on a sequential basis in March: Morgan Stanley
New Delhi, April 23 - India’s domestic demand-based high-frequency data rose on a sequential basis, even as it slowed in year-on-year terms in March, global brokerage Morgan Stanley said.
Apple ecosystem one of the leaders in job creation in mobile manufacturing: Ashwini Vaishnaw
New Delhi, April 23 - As India becomes the second nation in the world in terms of mobile manufacturing, the Apple ecosystem is now one of the leading employment generators in the sector, Union Railways and IT Minister Ashwini Vaishnaw said on Tuesday.
India’s first all-in-one payment device launched
New Delhi, April 23 - Fintech company BharatPe on Tuesday launched India's first all-in-one payment product that incorporates POS (point of sale), QR, and speaker into a single device.
Aston Martin launches new sports car ‘Vantage’ at Rs 3.99 cr in India
New Delhi, April 23 - Aston Martin on Tuesday launched the new sports car 'Vantage' at Rs 3.99 crore (ex-showroom) in India.
Govt gets 7 bids under PLI scheme for making Advanced Chemistry Cells to push green energy plan
New Delhi, April 23 - The Ministry of Heavy Industries said on Tuesday that it has received as many as seven bids under the global tender for the re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing announced
More than one in five cars sold worldwide is expected to be electric: IEA
New Delhi, April 23 - More than one in five cars sold worldwide this year is expected to be electric, with surging demand projected over the next decade set to remake the global auto industry and significantly reduce oil consumption for road transport,
94 pc of Indian IT leaders expect higher budget allocation for GenAI initiatives: Report
New Delhi, April 23 - About 94 per cent of Indian IT leaders anticipate increased budget allocations towards generative artificial intelligence (GenAI) initiatives within the next 12-24 months, a new report revealed on Tuesday.
Razorpay ‘UPI Switch’ with Airtel Payments Bank to power 10K transactions a second
New Delhi, April 23 - Fintech major Razorpay on Tuesday launched its own Unified Payments Interface (UPI) infrastructure with 'UPI Switch' -- a next-generation cloud-based innovation, in partnership with Airtel Payments Bank.
Telecom, realty stocks lead market gains
New Delhi, April 23 - Telecom stocks are the top performers in the markets on Tuesday.
WeWork India strengthens footprint in country, adds two new buildings
New Delhi, April 23 - Flexible workspace provider WeWork India on Tuesday announced the expansion of their operations in the country by signing lease agreements for two new buildings.
India’s 1st bullet train set to run in 2026: Railways Minister
New Delhi, April 23 - Significant progress has been made in the construction of various stations for India’s first bullet train and we are geared up to run the first train in one section in 2026, Union Railways and IT Minister Ashwini Vaishnaw
India’s economic activity surges to 14-year high in April: HSBC survey
Mumbai, April 23 - India's economic activity surged close to a 14-year high this month on the back of a strong performance of the manufacturing and services sectors, according to an HSBC survey released on Tuesday.
Air India, All Nippon Airways signs codeshare agreement
New Delhi, April 23 - Tata-owned Air India and Japanese carrier All Nippon Airways have signed a codeshare agreement connecting their networks, enhancing flight selections between India and Japan.