AdaniConneX’s Hyderabad data centre 1st in India to get 5-star grading from British Safety Council
Ahmedabad, March 13 - In a first for the country, the Hyderabad data centre of AdaniConneX – the joint venture between the Adani Group and leading data centre operator EdgeConneX – has received five-star grading in the occupational health and safety audit conducted
Investors rushing to book profits triggers Nifty selloff
Mumbai, March 13 - The Nifty on Wednesday witnessed a massive sell-off as investors and traders rushed to take whatever profits were left on the table to offset the losses on their recent trades, said Deepak Jasani, Head of Retail Research at HDFC
Cabinet approves two more metro lines for Delhi at cost of Rs 8,399 crore
New Delhi, March 13 - Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the development of two more Delhi Metro corridors -- Lajpat Nagar to Saket G Block and Inderlok to Indraprastha -- with an investment of Rs 8,399 crore,
NHAI advises Paytm users to get new FASTag from other banks before March 15
New Delhi, March 13 - National Highways Authority of India (NHAI) on Wednesday advised Paytm FASTag users to procure a new FASTag issued by another bank before March 15, 2024.
Fintech firm Perfios becomes India’s second unicorn of this year
New Delhi, March 13 - B2B SaaS fintech company Perfios has become India's second unicorn of 2024 as it raised $80 million in a new funding round from Teachers' Venture Growth (TVG), a late-stage venture and growth investment arm of Ontario Teachers' Pension
New chip manufacturing hubs to have a lasting impact on entire nation: Tata Sons Chairman
Ahmedabad, March 13 - The new semiconductor manufacturing plants will have a lasting impact on the entire nation and the ecosystem from across the globe will mobilise to have India as their preferred semiconductor destination, N. Chandrasekaran, Chairman of Tata Sons Pvt Ltd,
Market breadth turns very negative as 88 pc of stocks decline
New Delhi, March 13 - Deep cuts in PSU, power, infrastructure, metals, realty stocks have led to a sharp fall in the markets.
Zepto becomes first quick-commerce firm to levy platform fee of Rs 2
New Delhi, March 13 - Zepto has become the first quick-commerce company to introduce a platform fee of Rs 2 per order.
Reliance Ethane Holding invests in three wholly owned subsidiaries
New Delhi, March 13 - Reliance Ethane Holding Pte Ltd (REHPL), a wholly owned subsidiary of Reliance Industries, has invested in 34,300,000 ordinary shares of face value of USD 1 each for cash at par, in each of its three wholly owned subsidiaries,
Battery-tech startup Lohum secures $54 million to expand footprint
New Delhi, March 13 - Lithium-ion battery pack maker Lohum on Wednesday said it has raised $54 million (Rs 450 crore) in series B funding from Singularity Growth, Baring Private Equity, Cactus Venture Partners and Venture East, among others.
Nazara Tech pledges $100 mn to propel global expansion via strategic M&A
New Delhi, March 13 - Online gaming major Nazara Technologies on Wednesday said that it has pledged $100 million (around Rs 830 crore) to propel global expansion through strategic mergers and acquisitions (M&A) within the next 24 months.
TAC Security appoints Altaf Halde as Chief Business Officer
New Delhi, March 13 - Cybersecurity firm TAC Security on Wednesday said it appointed Altaf Halde as the Chief Business Officer (CBO) of the company.
ADB supports climate-resilient water management in Bangladesh
Manila, Mach 13 - The Asian Development Bank (ADB) on Wednesday said it approved a loan of 71 million US dollars to improve flood control, irrigation, and water resources management in Bangladesh.
PM Modi to launch new credit scheme to help poor start biz ventures
New Delhi, March 13 - Prime Minister Narendra Modi on Wednesday will launch the Pradhan Mantri Samajik Utthan evam Rozgar Adharit Jankalyan (PM-SURAJ) national portal and sanction credit support to one lakh entrepreneurs of disadvantaged sections of the country, the Prime Minister's office
Mumbai’s CSMIA adjudged best with over 40 mn passengers in Asia Pacific region for 7th time
Mumbai, March 13 - For the seventh consecutive year, the Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai has been ranked as the ‘Best Airport with over 40 million passengers’ in the Asia Pacific Region by the Airports Council International's (ACI) Airport Service
Look forward to expanding our collaboration with Adani Group: Qualcomm CEO
New Delhi, March 12 - The President and CEO of chip-maker Qualcomm, Cristiano Amon, said on Tuesday that he looks forward to expanding the company's collaboration with the Adani Group.
Civil Aviation Minister flags off Fly91’s maiden flight from Goa to Agatti
New Delhi/Panaji, March 12 - Civil Aviation Minister Jyotiraditya M. Scindia on Tuesday flagged off regional airline Fly91's maiden flight from Goa's Manohar International Airport (MOPA) to Lakshwadeep's Agatti Islands.
Industry hails abolition of wireless operating license for ease of doing biz
New Delhi, March 12 - The industry on Tuesday welcomed the government’s progressive approach towards technological advancement of the nation, including the abolition of the wireless operating license (WOL).
Discoms’ rating: Scoring 99.9 out of 100, Adani Electricity Mumbai retains top rank
Mumbai, March 12 - Adani Electricity Mumbai Ltd has retained the top position in the Union Power Ministry's 12th Annual Integrated Rating & Ranking for various parameters, an official spokesperson said here on Tuesday.
India’s retail inflation eases to 4-month low of 5.09 per cent in January
New Delhi, March 11 - India'’s retail inflation slowed to a four-month low of 5.09 per cent in February bringing some relief to household budgets, official figures released on Tuesday showed.