Tata Technologies appoints Sukanya Sadasivan as Chief Operating Officer
Pune, March 14 - Global engineering and digital services company Tata Technologies on Thursday announced the appointment of Sukanya Sadasivan as its new Chief Operating Officer (COO), who will focus on strengthening delivery, practice and internal digital and IT systems.
IT spending in India to reach $44 bn this year: IDC report
New Delhi, March 14 - IT spending in India for 2024 is expected to grow 11 per cent year-on-year (YoY), reaching $44 billion, an International Data Corporation (IDC) report said on Thursday.
Room for broader market to correct more as valuations continue to be elevated: Analyst
New Delhi, March 14 - The Nifty Smallcap index is down 13.5 per cent and the midcap index is down 6.8 per cent from their respective peaks, but the Nifty is stable with a minor cut of only 2.1 per cent, says V.
NTPC crosses record 400 billion units electricity generation mark in 2023-24
New Delhi, March 14 - The giant NTPC Group crossed the record 400 billion units (BU) of electricity generation in the current financial year, on March 13, 2024, the Ministry of Power announced on Thursday.
New demat accounts surged to 4.3 million in February
New Delhi, March 14 - The total number of demat accounts increased to 148 million in February 2024, as per Motilal Oswal Financial Services.
India second-largest region for VC investments in Asia-Pacific: Report
New Delhi, March 14 - India retained its position as the second-largest destination for venture capital and growth funding within the Asia-Pacific region last year, a report showed on Thursday.
Reliance Industries to acquire Paramount Global’s 13 pc stake in Viacom 18 Media for Rs 4286 cr
New Delhi, March 14 - Reliance Industries has signed an agreement to acquire 13.01 per cent equity stake of Viacom 18 Media Private Limited (Viacom18) held by Paramount Global through its two subsidiaries for an aggregate consideration of Rs 4,286 crore.
India’s WPI inflation eases to 0.2 pc in February
New Delhi, March 14 - India's inflation rate based on the Wholesale Price Index (WPI) eased to 0.2 per cent in February, from 0.27 per cent in January, data released by the Commerce and Industry Ministry on Thursday showed.
Indian businesses building more resilient supply chains globally: Report
New Delhi, March 14 - Indian businesses are deploying innovation and technology in supply chains to capitalise on opportunities arising out of the shifting geopolitical and trade landscape, a new report showed on Thursday.
Qualcomm opens new chip design centre, 6G research programme in India
Chennai, March 14 - Chip-maker Qualcomm on Thursday announced the inauguration of its new chip design centre in Chennai.
Hyundai, Kia to recall 1.7 lakh EVs over charging software issue
Seoul, March 14 - Hyundai Motor and Kia will voluntarily recall nearly 170,000 electric vehicles (EV) to address a software error in the charging system, the government said on Thursday.
Chinese giant Alibaba plans to invest $1.1 billion in S. Korea
Seoul, March 14 - China's Alibaba Group plans to invest $1.1 billion in South Korea over the next three years, as it seeks to build a logistics centre and expand businesses.
Rajasthan creates new record in auctioning major mineral blocks
Jaipur, March 14 - Rajasthan has set a new record in the auction of major mineral blocks under the current BJP government, confirmed officials.
Govt approves setting up a new centre in Hyderabad to boost MSME exports
New Delhi, March 13 - The Central Government has approved the setting up of the Export Acceleration and Experience Centre (EAEC), in Hyderabad, to help Micro, Small & Medium Enterprises (MSMEs) boost exports, an official said.
NITI Aayog extends ‘Vocal for Local’ drive to 500 products in Aspirational Blocks
New Delhi, March 13 - The NITI Aayog on Wednesday launched the 'Vocal for Local' initiative under its Aspirational Blocks Programme to encourage a spirit of self-reliance among the people and propel them towards sustainable growth and prosperity.
Tata Motors Group to invest Rs 9,000 crore in TN
Chennai, March 13 - The Tata Motors Group, which rolls out commercial and passenger vehicles, will set up a vehicle manufacturing plant in Tamil Nadu at an outlay of about Rs 9,000 crore, it was announced on Wednesday.
Gautam Adani shares five key success mantras for young entrepreneurs
Mumbai, March 13 - As more and more young Indians aim to become entrepreneurs, Adani Group Founder and Chairman, Gautam Adani, has laid out five mantras for them to succeed in life, hoping that “these will mean something for all of you”.
‘Murugappa Group’s CG Semi to start production in 2.5 to 3 years’
Chennai, March 13 - Industrial conglomerate Murugappa Group's semiconductor company CG Semi Pvt Ltd will start manufacturing in 2.5 to 3 years at its factory in Gujarat, a top official of its parent company said on Wednesday.
India’s growth acceleration unstoppable, journey towards 2050 to be even transformative: Gautam Adani
Mumbai, March 13 - The India growth story is unstoppable, and within the next decade, the country will begin adding a trillion dollars to its GDP every 18 months, setting us on the path to become a $25-30 trillion economy by 2050, said
RBI slaps fines on Bank of India & Bandhan Bank for breach of rules
Mumbai, March 13 - The Reserve Bank of India (RBI) has imposed fines on Bank of India and Bandhan Bank for breach of rules, the central bank said on Wednesday.