NITI Aayog extends ‘Vocal for Local’ drive to 500 products in Aspirational Blocks
New Delhi, March 13 - The NITI Aayog on Wednesday launched the 'Vocal for Local' initiative under its Aspirational Blocks Programme to encourage a spirit of self-reliance among the people and propel them towards sustainable growth and prosperity.
Tata Motors Group to invest Rs 9,000 crore in TN
Chennai, March 13 - The Tata Motors Group, which rolls out commercial and passenger vehicles, will set up a vehicle manufacturing plant in Tamil Nadu at an outlay of about Rs 9,000 crore, it was announced on Wednesday.
Gautam Adani shares five key success mantras for young entrepreneurs
Mumbai, March 13 - As more and more young Indians aim to become entrepreneurs, Adani Group Founder and Chairman, Gautam Adani, has laid out five mantras for them to succeed in life, hoping that “these will mean something for all of you”.
‘Murugappa Group’s CG Semi to start production in 2.5 to 3 years’
Chennai, March 13 - Industrial conglomerate Murugappa Group's semiconductor company CG Semi Pvt Ltd will start manufacturing in 2.5 to 3 years at its factory in Gujarat, a top official of its parent company said on Wednesday.
India’s growth acceleration unstoppable, journey towards 2050 to be even transformative: Gautam Adani
Mumbai, March 13 - The India growth story is unstoppable, and within the next decade, the country will begin adding a trillion dollars to its GDP every 18 months, setting us on the path to become a $25-30 trillion economy by 2050, said
RBI slaps fines on Bank of India & Bandhan Bank for breach of rules
Mumbai, March 13 - The Reserve Bank of India (RBI) has imposed fines on Bank of India and Bandhan Bank for breach of rules, the central bank said on Wednesday.
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