BHEL wins order for setting up 1600 MW plant for NTPC
New Delhi, March 19 - Public sector engineering giant Bharat Heavy Electricals Ltd (BHEL) on Tuesday announced that it has won an order for setting up 1,600 MW Singrauli Supercritical Thermal Power Plant (STPP) Stage-III from NTPC through the global competitive bidding route.
HCLTech, global chip IP provider CAST to offer customised semiconductors
New Delhi, March 19 - HCLTech and global semiconductor Intellectual Property (IP) provider CAST on Tuesday announced plans to offer customised chips to enable Original Equipment Manufacturers (OEMs) across industries to accelerate their digital transformation.
Bank of Japan ends decades-long negative interest policy
New Delhi, March 19 - The Bank of Japan (BoJ) decided to end its negative short-term policy rate, which started in January 2016, and its yield curve control scheme, introduced in September in 2016. The policy rate hike is the first since July
Witnessed 100 pc surge in online business for academic year 2024-25: Physics Wallah
New Delhi, March 19 - Edtech platform, Physics Wallah (PW) on Tuesday said it has seen over 100 per cent growth in its online business for the forthcoming academic year 2024-25.
Need to make Hydrogen cleaner and more economical: Govt scientific advisor
New Delhi, March 19 - The five-day Steering Committee Meeting of the 23-nation International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE) is being convened in the national capital during March 18 -22. The participants will hold discussions on new developments
Adani Vizhinjam Port wins ‘International Safety Award’ from British Safety Council
Thiruvananthapuram, March 19 - In recognition of its commitment to keeping workers and workplaces healthy and safe, Adani Vizhinjam Port Private Limited (AVPPL) has won the ‘International Safety Award’ for 2023 from the British Safety Council.
India’s outward FDI rises to $3.05 billion in Feb
Mumbai, March 18 - India's outward foreign direct investment (FDI) commitments rose by 7.8 per cent to $3.05 billion year-on-year in February 2024, compared to $2.83 billion in February 2023, according to the latest data released by the RBI on Monday.
Cisco completes $28 billion acquisition of cybersecurity leader Splunk
San Francisco, March 18 - Networking major Cisco on Monday announced it has completed the acquisition of Splunk, the leader in cybersecurity and observability, for about $28 billion in the generative AI era.
With branch in GIFT City, Star Health to attract inward reinsurance, offer NRIs risk cover
Chennai, March 18 - Standalone health insurer Star Health and Allied Insurance Company Ltd on Monday said it will offer non-resident Indian (NRI) focused insurance and also attract foreign inward reinsurance with its branch in the International Financial Services Centre, GIFT City, Gujarat
Nifty recovers in second half to close with gains
Mumbai, March 18 - The Nifty recovered in the second half of the session to close with gains of 32.35 points, or 0.15 per cent, at 22,055.70 levels on Monday.
French carmaker Citroen joins India’s BluSmart Mobility to deploy 4,000 EV SUVs
Bengaluru, March 18 - French carmaker Citroen on Monday joined hands with Indian EV company BluSmart Mobility to expand the homegrown firm's all-electric fleet in the country.
Narayana Murthy gifts Infosys stock worth over Rs 240 crore to 4-month-old grandson
New Delhi, March 18 - India has probably seen its youngest millionaire in Ekagrah Rohan Murty - the four-month-old grandson of Infosys founder N.R. Narayana Murthy.
India can create more jobs in esports, game development: CII
Pune, March 18 - Even as India's gaming sector is poised for significant growth, more jobs can be created in the country in the esports and game development industry, according to experts at the Confederation of Indian Industry (CII).
Govt plans to roll out e-buses in all cities, some long routes: Gadkari
New Delhi, March 18 - Minister of Road Transport and Highways Nitin Gadkari on Monday said that the government has plans to introduce electric buses in all Indian cities as well as some long routes such as Delhi-Shimla, Delhi-Chandigarh and Pune-Mumbai over the
DRPPL launches survey of Dharavi to collect data from informal tenement residents
Mumbai, March 17 - Dharavi Redevelopment Project Pvt Ltd (DRPPL), a joint venture between the Maharashtra government and the Adani Group, on Monday launched a survey at the Kamala Raman slum to collect data from lakhs of informal tenement residents of Dharavi.
Balance of trade favourable with government’s impetus for exports
New Delhi, March 18 - The balance of trade has been favourable with the government’s impetus for exporting manufactured goods under the Production Linked Incentives (PLI) scheme, building infrastructural facilities amid easing of global commodity prices, besides revival of service receipts, said Amnish
Centre to soon have dedicated policy to nurture deeptech startup ecosystem
New Delhi, March 18 - The Centre will soon have a new policy to nurture and empower the deeptech startup ecosystem in the country, Rajesh Kumar Singh, Secretary, Ministry of Commerce and Industry, said on Monday.
B2B retail platform Jumbotail raises Rs 151 crore to tap mass market consumers
Bengaluru, March 18 - B2B marketplace and new retail platform Jumbotail on Monday said it has raised Rs 151 crore equity capital led by Artal Asia.
Indian IT services industry to see modest 3-5 pc revenue growth in FY25: ICRA
New Delhi, March 18 - The revenue growth of the Indian IT services industry is expected to improve mildly from 2 per cent in the nine months of the current fiscal year but remain modest at 3-5 per cent in FY2025, a new
Qualcomm unveils Snapdragon 8s Gen 3 chip for flagship Android phones
New Delhi, March 18 - Chip-maker Qualcomm on Monday announced Snapdragon 8s Gen 3 Mobile Platform for Android flagship smartphones.