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.
‘Byju’s to shut 200 tuition centres in cost-cutting move’
New Delhi, March 21 - Embattled edtech company Byju’s is reportedly planning to shut down about 200 offline tuition centres out of its 300 centres across the country as part of its latest cost-cutting move.
1st edition of Myntra Birthday Blast clocked over 290 mn visits as emerging categories were at centre of customer demand
New Delhi, March 21 - Myntra Birthday Blast (MBB), a fashion spectacle that commemorated the 17th birthday of one of India's preferred fashion, beauty, and lifestyle destinations, concluded on March 10, having recorded more than 290 million visits.
TCS inks 7-year deal to transform Denmark-based Ramboll’s IT infrastructure
New Delhi, March 21 - Tata Consultancy Services (TCS) on Thursday said it has signed a multimillion-dollar strategic partnership to transform the global IT infrastructure of Ramboll, an architecture, engineering and consultancy company.
24,275 weekly domestic flights in summer schedule, says DGCA
New Delhi, March 21 - The Directorate General of Civil Aviation (DGCA) on Thursday said the Indian operators will conduct a total of 24,275 weekly domestic flights during the upcoming summer schedule, commencing from March 31.
Global cellular IoT module shipments drop 2 pc in 2023: Report
New Delhi, March 21 - The global cellular IoT (Internet of Things) module shipments have witnessed their first-ever annual decline in 2023, falling two per cent (year-over-year), a new report showed on Thursday.
Young Indian founders beat rich global startups in creating AI use cases: Kunal Bahl
New Delhi, March 21 - Artificial intelligence (AI) has opened new doors for Indian startups and young entrepreneurs who have raised just $1-2 million are way ahead of deep-pocketed startups from the US and Europe when it comes to creating world-class products, Kunal
Concerned at high fee imposed by Google Play Store, have trust in judicial process: ADIF
New Delhi, March 21 - The Alliance of Digital India Foundation (ADIF), that represents thousands of homegrown startups, on Thursday said that it remains concerned about the high commission being imposed during in-app purchases on Google Play Store, adding that these charges are
Polycab targeted by ransomware attack
New Delhi, March 21 - Polycab India was targeted by a ransomware attack but the incident has not impacted the core systems and operations of the company.
Startup Mahakumbh: Rise of entrepreneurs from tier 2, 3 cities big boost to ecosystem
New Delhi, March 21 - India's startup ecosystem is on a journey of unprecedented innovation and growth and the rise of entrepreneurs from tier-2 and 3 cities are shining examples of how inclusive growth can lead to sustainable development, industry experts said on
Ransomware emerged as top cyber threat in India: Report
New Delhi, March 21 - Ransomware and malware have emerged as the topmost cyber threat of 2024 in India, with 42 per cent IT and security professionals identifying them as the fastest-growing type of threat, a new report said on Thursday.
Business models for transporting hydrogen discussed at global meet in Delhi
New Delhi, March 21 - The five-day global hydrogen partnership meeting being hosted by India, held deliberations on business models for transportation, production and storage of Hydrogen and possibilities of international collaborations and partnerships in the areas of finance, policy and regulations, according
Sensex up more than 700 points
New Delhi, March 21 - The BSE Sensex on Thursday climbed 743.95 points or 1.03 per cent to 72,845.64 in early trade.