New pact between Nasscom, NSW to allow faster access to each other’s markets
New Delhi, March 15 - A Memorandum of Understanding (MoU) between the IT industry's apex body Nasscom and Business NSW (an Australian not-for-profit membership organisation) was signed in Sydney, leveraging the Australia-India Economic Cooperation and Trade Agreement (ECTA) and positioning NSW at the
How to close Paytm Payments Bank FASTag?
New Delhi, March 15 - As per the guidelines issued by the Reserve Bank of India (RBI) regarding restrictions on Paytm Payments Bank, users of Paytm FASTag will not be able to top up or add to their balance after midnight on Friday.
‘Indian manufacturing sector embracing smart solutions led by advanced tech’
Gandhinagar, March 15 - The Indian manufacturing sector is embracing smart solutions, with a shift towards automation and cyber-physical systems powered by advanced technologies, experts said on Friday.
New govt scheme key to incentivise adoption of electric mobility: EV players
New Delhi, March 15 - Electric vehicle (EV) players on Friday welcomed the launch of the 'Electric Mobility Promotion Scheme 2024' by the Union Ministry of Heavy Industries, saying that the new scheme is a significant step forward in incentivising the adoption of
PFBR proves India’s capabilities in advanced nuclear sciences, engineering
New Delhi, March 15 - It is heartening that Prime Minister Narendra Modi recently visited Kalpakkam to witness the start of fuel loading in the Prototype Fast Breeder Reactor (PFBR). Commencement of fuel loading is a major milestone for PFBR, indicating that all
Gadkari approves Rs 189 crore outlay for Mahakaleshwar Temple ropeway
New Delhi, March 15 - Union Minister for Road Transport and Highways Nitin Gadkari on Friday announced that an outlay of Rs 188.95 crore has been approved for the development, operation and maintenance of the existing ropeway between Ujjain Junction Railway Station and
Govt clears new E-vehicle policy to woo world’s top manufacturers
New Delhi, March 15 - The Central government has approved a scheme to promote India as a manufacturing destination so that e-vehicles (EV) with the latest technology can be manufactured in the country.
Paytm Payments Bank deadline: What is in store for millions of users, merchants after March 15
New Delhi, March 15 - As the Reserve Bank of India’s (RBI) deadline to put certain business restrictions on Paytm Payments Bank Limited (PPBL) ends on Friday, here are some key changes for millions of Paytm users and merchants that will come into
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.