UK regulator to launch in-depth probe into $19 bn Vodafone-Three UK merger
London, March 22 - The Competition and Markets Authority (CMA) in the UK on Friday confirmed that it is launching an in-depth investigation into the proposed $19 billion merger between Vodafone and Three UK, saying the deal could lead to higher prices for
Global experts laud India’s roadmap for big push to Green Hydrogen
New Delhi, March 22 - The Vice Chair of the 23-nation International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE), Dr Noe Van Hulst, has said that the participating countries of IPHE are impressed by India's National Green Hydrogen Mission, its
Tech Mahindra, IBM open Synergy Lounge to boost digital adoption in APAC
New Delhi, March 22 - Tech Mahindra in collaboration with tech major IBM on Friday announced the opening of a Synergy Lounge to accelerate digital adoption for enterprises in APAC (Asia-Pacific).
India is the next big playground for AI: Samsung VC, CEO JH Han
New Delhi, March 22 - Samsung Electronics Vice Chairman, CEO and Head of the Device eXperience (DX) Division Jaong-Hee (JH) Han, who visited Samsung BKC at Jio World Plaza, Mumbai for the first time since the store's opening, said on Friday that India
Spreads of India steel players likely to be under pressure driven by lower realisations
New Delhi, March 22 - Indian steel markets witnessed an unexpectedly soft quarter with average prices down 3-4 per cent sequentially, domestic brokerage firm JM Financial Institutional Securities said.
Zoho’s Sridhar Vembu says ‘will work to create advanced chip design’ facility in TN’s Tenkasi
New Delhi, March 22 - Responding to the post of Ananthan Ayyasamy, a BJP leader from Tamil Nadu's (TN) Tenkasi, Zoho founder and CEO Sridhar Vembu on Friday said that they "will work together to create advanced chip design facility in this rural
Byju’s says 262 tuition centres operational, a few to undergo ‘strategic restructuring’
New Delhi, March 22 - Embattled edtech company Byju's on Friday said that its tuition centres have entered the third successful year with 262 offline locations currently operational across the country.
Zomato CEO Deepinder Goyal marries Mexican entrepreneur Grecia Munoz
New Delhi, March 22 - Zomato Co-founder and CEO Deepinder Goyal has tied the knot with Mexican entrepreneur Grecia Munoz, sources confirmed on Friday.
‘The Adani Green Energy Gallery’ at UK’s Science Museum to showcase sustainable future: Gautam Adani
New Delhi, March 22 - Adani Group Founder and Chairman, Gautam Adani, on Friday said that he is glad to see the new 'Energy Revolution: The Adani Green Energy Gallery' becoming a reality in partnership with the The Science Museum in the UK.
PM Modi’s PLI scheme scaling new heights on exports, jobs: Rajeev Chandrasekhar
New Delhi, March 22 - Prime Minister Narendra Modi's visionary production linked incentive (PLI) scheme is scaling new heights everyday on production, exports and jobs, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said on Friday.
Industry welcomes Centre’s advisory against surrogate advertisements
New Delhi, March 22 - Industry players on Friday hailed the government's advisory against increasing instances of direct as well as surrogate advertisements and endorsements of activities.
Hyundai Motor to provide Genesis sedans for S. Korea-Africa summit
Seoul, March 22 - Hyundai Motor Group said on Friday it will provide the luxury Genesis brand's G90 and G80 sedans during the South Korea-Africa Summit due in Seoul in June.
Mahindra joins Adani Total Energies E-Mobility Ltd to boost EV charging infra
Mumbai, March 21 - In a significant move to boost the electric vehicles (EV) infrastructure and build a greener future in the country, Mahindra & Mahindra on Thursday signed a memorandum of understanding (MoU) with Adani Total Energies E-Mobility Ltd (ATEL), a wholly-owned
India elected as co-chair of Digital Innovation Board at International Telecommunication Union
New Delhi, March 21 - The International Telecommunication Union (ITU) has elected India as co-chair of its Digital Innovation Board, the Department of Telecommunications (DoT) said on Thursday.
IMF, Sri Lanka reach staff-level agreement for $337 million bailout
Colombo, March 21 - The International Monetary Fund (IMF) announced on Thursday that it has reached a staff-level agreement with Sri Lanka to release the next tranche of the promised $3 billion bailout package to recover from the worst-ever financial crisis.
Jupiter Wagons announces acquisition of Bonatrans India for Rs 271 crore
Chennai, March 21 - Railway wagon and passenger coach major Jupiter Wagons Limited (JWL) announced the acquisition of Bonatrans India Private Limited (BIPL) for a sum of Rs 271 crore on Thursday.
Mahindra inks pact with Adani Total Energies for expanding EV charging infra
Mumbai, March 21 - Leading SUV maker Mahindra & Mahindra on Thursday announced the signing of a memorandum of understanding (MoU) with Adani Total Energies E-Mobility Limited (ATEL) for expanding the EV charging infrastructure in the country.
RBI issues new rules for self-regulatory organisations of banks, NBFCs
Mumbai, March 21 - The RBI on Thursday issued an omnibus framework for recognising self-regulatory organisations (SROs) for its regulated entities such as banks, NBFCs and housing finance companies.
US Fed’s remarks trigger relief rally in global equities
Mumbai, March 21 - The inline outcome from the US central bank brought cheer to the global and domestic markets, Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services, said on Thursday.
Indian markets respond favourably to US Fed cues
Mumbai, March 21 - Indian markets responded favourably to the positive global sentiment on Thursday, spurred by the outcome of the US FOMC (Federal Open Market Committee) meeting, which bolstered hopes for three rate cuts in FY25, said Vikram Kasat, Head-Advisory, Prabhudas Lilladher.