Indian Railways rakes in record revenue of Rs 2.4 lakh crore in 2023-24
New Delhi, March 15 - India Railways has crossed the 1500 million tonnes freight loading mark and earned a record total revenue of Rs 2.4 lakh crore so far during the current financial year ending on March 31, according to official data released
Abu Dhabi-backed investment firm in talks to back OpenAI’s chip venture
San Francisco, March 15 - Abu Dhabi's state-backed AI investment company MGX is in early-stage discussions to invest in OpenAI's ambitious chip venture, a media report said on Friday.
Domestic airlines received 791 passenger complaints in Feb: DGCA report
New Delhi, March 15 - The number of domestic air passengers for the period from January to February this year soared to 257.78 lakh, against 246.11 lakh in the same period last year, said an official from aviation watchdog, Directorate General of Civil
Centre approves Rs 699 crore project to double-lane Gujarat border highway
New Delhi, March 15 - Union Minister for Road Transport and Highways Nitin Gadkari on Friday announced the approval of a Rs 699.19 crore project for upgrading the Khokhra Gujarat Border – Vijayanagar – Antarsuba – Mathasur Road section of National Highway 58
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).