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.
‘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.