FMCG growth to remain in slow lane this year
New Delhi, March 15 - A report by Emkay Global Financial Services on Friday said that the corporate commentary on the Fast-Moving Consumer Goods (FMCG) sector has highlighted the muted demand setting prevailing in Q4FY24, which has been projected by data agencies for
Gadkari approves Rs 421 crore Gauripur bypass project in Assam
New Delhi, March 15 - Union Minister for Road Transport and Highways Nitin Gadkari on Friday announced an allocation of Rs 421.15 crore has been approved for the construction of a 4-lane Gauripur Bypass along NH-17 spanning from Dumardoha Pt-II to the Baladmara
Centre sanctions Rs 576 crore for 4-laning highway in Karnataka
New Delhi, March 15 - Union Minister for Road Transport and Highways Nitin Gadkari on Friday said that an allocation of Rs 576.22 crore has been sanctioned for 4-laning of the Yedegowdanahalli to Arjunahalli segment of NH-373 in Karnataka’s Hassan district.
upGrad boosts domestic expansion with senior appointments
New Delhi, March 15 - Ronnie Screwvala-led upGrad on Friday announced the appointment of Shailesh Mahale (former Zepto) as Corporate HR Head and Kumar Anshu (former OLX Group) as Head of Human Resource for Working Professional, Study Abroad and Offline segment.
Sensex slips more than 500 points
New Delhi, March 15 - BSE Sensex is trading at 72,576.14 points, down by 521.14 points on Friday.
Paytm Payments Bank ban: Key changes come into effect post March 15
New Delhi, March 15 - As the Reserve Bank of India’s (RBI) deadline to ban Paytm Payments Bank Limited (PPBL) ends on Friday, here are key changes for millions of Paytm users and merchants that will come into force.
US court orders Byju’s to freeze $533 million owed to lenders
New York, March 15 - The steering committee representing term-loan lenders of Byju's $1.2 billion loan on Friday said that a US judge has ordered to prohibit further movement or use of $533 million by the edtech company, which is owed to lenders.
L&T Technology Services bags Rs 800 crore cybersecurity programme in Maharashtra
New Delhi, March 15 - L&T Technology Services Limited (LTTS) on Friday announced that it has won a first-of-its-kind cybersecurity programme in India worth around $100 million (about Rs 800 crore) from the Maharashtra state cyber department.
Korea Zinc, LG Chem partner for business opportunities in US recycling market
Seoul, March 15 - Korea Zinc, South Korea's leading nonferrous metal processing firm, said on Friday that it has partnered with chemical company LG Chem Ltd for business opportunities in the used plastics recycling market in the US.
Petrol, diesel prices cut by Rs 2 across India, Petroleum Minister says step shows PM’s commitment to people
New Delhi, March 15 - Petrol and diesel across India will be cheaper by around Rs 2 per litre from early on Friday as the oil marketing companies have revised prices, the Petroleum and Natural Gas Ministry announced on Thursday.
Piyush Goyal highlights India’s potential as global supply chain hub at 14-nation Indo-Pacific meet
New Delhi, March 14 - Commerce & Industry Piyush Goyal on Thursday highlighted India's potential for providing global supply chain diversification opportunities, at the 14-nation Indo-Pacific Economic Framework for Prosperity (IPEF) meeting.
Petrol, diesel prices cut by Rs 2 across India
New Delhi, March 14 - Petrol and diesel across India will be cheaper by around Rs 2 per litre from early on Friday as the oil marketing companies have revised prices, the Petroleum and Natural Gas Ministry announced on Thursday.
Govt ropes in logistics giant DHL to push MSME exports
New Delhi, March 14 - The Commerce and Industry Ministry's Directorate General of Foreign Trade (DGFT) on Thursday signed an MoU with global logistics service provider DHL to conduct capacity-building sessions, training, and workshops for making Indian MSMEs export-ready.
‘APAC’s market value expected to reach over $6 trillion by 2030’
New Delhi, March 14 - Fuelled by e-commerce and its role in driving economic development and expanding trade, the APAC (Asia-Pacific) region's market value is expected to rise from $2.9 trillion in 2022 to $6.146 trillion by 2030, experts said on Thursday.
Brand Welcomhotel forays into Northeast with Welcomhotel Gangtok
New Delhi, March 14 - ITC Hotels has announced its foray into the Northeast with the signing of Welcomhotel Gangtok.
Govt inks pact for $23 mn ADB loan to strengthen fintech ecosystem in India
New Delhi, March 14 - The Government of India and the Asian Development Bank (ADB) on Thursday signed a $23 million loan agreement to enhance access to quality fintech education, research, and innovation at the Gujarat International Finance Tec-City (GIFT-City).
MCA probe reportedly finds ‘financial irregularities’ at Byju’s; firm denies
New Delhi, March 14 - After the Ministry Of Corporate Affairs (MCA) investigative team submitted a report on Byju's that has details about alleged financial irregularities at the firm, the embattled edtech company said on Thursday that they are not "privy to any
Adani Green Energy operationalises 300 MW wind power project in Gujarat
New Delhi, March 14 - Adani Green Energy Limited (AGEL) on Thursday said that it has operationalised 126 MW wind power capacity in Gujarat, marking the completion of the 300 MW of project, with 174 MW being operationalised earlier.
Leverage.biz founder meets EAM Jaishankar, discusses innovation, education
New Delhi, March 14 - Founder and CEO of Leverage.biz, Akshay Chaturvedi, met External Affairs Minister (EAM), Dr S Jaishankar, and discussed innovation, education and the trajectory of India’s growth.
95 pc Indian CIOs believe AI key for business in 2024: Report
Bengaluru, March 14 - About 95 per cent of Indian CIOs believe that the adoption of Artificial Intelligence (AI) is key for business in 2024, according to a report on Thursday.