US-based Baron Capital ups Swiggy’s valuation to $12.16 bn
New Delhi, March 8 - US-based Baron Capital has increased IPO-bound online food delivery platform Swiggy's valuation to $12.16 billion, higher than the $10.7 billion post-money valuation at which the company secured funding in early 2022.
SJVN Ltd bags Rs 7,436 crore deal for setting up solar power units in Maharashtra
New Delhi, March 8 - SJVN Limited, a Mini Ratna Central public sector enterprise, has bagged a Rs 7,436 crore deal for the development of solar power projects of 1,352 MW capacity in Maharashtra with an investment of Rs 7,436 crore, the Power
IT Minister Ashwini Vaishnaw to launch India’s fastest, homegrown router
New Delhi, March 8 - Union IT and Telecom Minister, Ashwini Vaishnaw, is set to launch India’s fastest and indigenously-designed IP/MPLS (Multiprotocol Label Switching) router in Bengaluru on Saturday.
India’s forex kitty shoots up by $6.55 billion
Mumbai, March 8 - India's foreign exchange reserves shot up by $6.55 billion to $625.63 billion for the week ending March 1, according to the latest data released by the RBI on Friday.
India offers best structural growth story among large economies: UBS
New Delhi, March 8 - India offers the best structural growth story among the large economies, global brokerage UBS said.
Centre approves Rs 936 crore elevated road project for Jamshedpur
New Delhi, March 8 - Union Minister for Road Transport & Highways Nitin Gadkari on Friday announced that the construction of a 10 km long 4-lane elevated corridor on Kalimandir-Dimna Chowk-Baliguma section of National Highway-33 (New-18) in Jamshedpur city of Jharkhand has been
Industry leaders hail govt’s ‘IndiaAI Mission’ initiative
New Delhi, March 8 - The industry leaders on Friday hailed the government's IndiaAI Mission initiative, the country's first artificial intelligence (AI) mission that was approved with an outlay of Rs 10,371.92 crore.
Gadkari approves Rs 1,533 crore outlay for key highway projects in Gujarat
New Delhi, March 8 - Union Minister for Road Transport & Highways Nitin Gadkari said on Friday that an outlay of Rs 1532.97 crore has been approved for taking up new highway projects in Gujarat that will reduce congestion in key areas and
Rs 7,000 crore sanctioned in last 3 months under PM JANMAN scheme for tribal hamlets
New Delhi, March 8 - An amount of more than Rs 7,000 crores has been sanctioned in the last three months under the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN) with the first instalment being released on January 15 this year,
Amitabh Kant predicts travel and tourism will add 25 mn jobs in coming years
New Delhi, March 8 - India's G20 Sherpa and former NITI Aayog CEO Amitabh Kant has predicted that the country's travel and tourism sector will "generate an additional 25 million jobs in the coming years", but this growth must not take place at
100-mn-tonnes of new oil, gas reserves discovered in South China Sea
Beijing, March 8 - An oilfield was discovered in the South China Sea on Friday, and it has proven oil and gas reserves reaching 102 million tonnes of oil equivalent, according to the China National Offshore Oil Corporation (CNOOC).
Meet Ranveer Allahbadia who bagged ‘National Creators Award’
New Delhi, March 8 - Social media entrepreneur Ranveer Allahbadia has won the 'Disruptor of the Year' award for 'The Ranveer Show' podcast in the first-ever National Creators Award on Friday.
Women’s Day: Quitting her banker’s job, she took up goat farming; receives accolades from PM Modi, others
Bhubaneswar, March 8 - It often requires strong determination, perseverance and immense struggle to become a successful entrepreneur and when a woman achieves the same her struggle inspires countless others.
Rising asset-quality risk on credit cards, dependence on fintechs for sourcing may be on RBI’s radar
New Delhi, March 8 - The Reserve Bank of India (RBI) may have some discomfort on Personal Loan on Credit Card (PLCC) as it could lead to higher customer leverage and drive some customers into the debt trap, Emkay Global Financial Services said.
‘Make in India’ helped us become 2nd largest audio brand globally: boAt’s Aman Gupta
New Delhi, March 8 - Aman Gupta, co-founder of homegrown wearable and audio brand boAT, on Friday said that with the help of initiatives like 'Make in India', they have become the the second largest audio brand globally, as Prime Minister Narendra Modi
Japan’s household spending down 6.3 pc in January
Tokyo, March 8 - Japan's household spending in January fell 6.3 per cent from a year earlier, down for the 11th consecutive month while expanding from the 2.5-per cent drop in December, government data showed on Friday.
Indian women capable of learning AI skills and play a far better role: Arundhati Bhattacharya
New Delhi, March 8 - As skilling becomes top priority for the government in creating a talent pool for new and emerging technologies like AI in India, women in the country need to be at the forefront of learning generative AI and play
PM Modi announces cut in LPG cylinder prices by Rs 100 on women’s day
New Delhi, March 8 - Prime Minister Narendra Modi on Friday announced the reduction in the prices of LPG cylinders by Rs 100 on the occasion of International Women’s Day.
Tata Power consumers in Mumbai set to shell out more for electricity from April
Mumbai, March 7 - Tata Power's Mumbai customers will have to pay higher electricity bills from April 1 as power regulator Maharashtra Electricity Regulatory Commission (MERC) has approved an average tariff increase of around 24 per cent as against 12 per cent claimed
Israel fines US energy giant for discharging wastewater into Mediterranean
Jerusalem, March 8 - Israel imposed a fine of 2.9 million shekels (around $809,000) on the US energy giant Chevron Corporation for sea emission violation, the Israeli Ministry of Environmental Protection has said in a statement.