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).
MCA probe reportedly finds ‘financial irregularities’ at Byju’s; firm denies
New Delhi, March 14 - After the Ministry Of Corporate Affairs (MCA) investigative team submitted a report on Byju's that has details about alleged financial irregularities at the firm, the embattled edtech company said on Thursday that they are not "privy to any
Adani Green Energy operationalises 300 MW wind power project in Gujarat
New Delhi, March 14 - Adani Green Energy Limited (AGEL) on Thursday said that it has operationalised 126 MW wind power capacity in Gujarat, marking the completion of the 300 MW of project, with 174 MW being operationalised earlier.
Leverage.biz founder meets EAM Jaishankar, discusses innovation, education
New Delhi, March 14 - Founder and CEO of Leverage.biz, Akshay Chaturvedi, met External Affairs Minister (EAM), Dr S Jaishankar, and discussed innovation, education and the trajectory of India’s growth.
95 pc Indian CIOs believe AI key for business in 2024: Report
Bengaluru, March 14 - About 95 per cent of Indian CIOs believe that the adoption of Artificial Intelligence (AI) is key for business in 2024, according to a report on Thursday.
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.