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
Mumbai’s CSMIA adjudged best with over 40 mn passengers in Asia Pacific region for 7th time
Mumbai, March 13 - For the seventh consecutive year, the Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai has been ranked as the ‘Best Airport with over 40 million passengers’ in the Asia Pacific Region by the Airports Council International's (ACI) Airport Service
Look forward to expanding our collaboration with Adani Group: Qualcomm CEO
New Delhi, March 12 - The President and CEO of chip-maker Qualcomm, Cristiano Amon, said on Tuesday that he looks forward to expanding the company's collaboration with the Adani Group.
Civil Aviation Minister flags off Fly91’s maiden flight from Goa to Agatti
New Delhi/Panaji, March 12 - Civil Aviation Minister Jyotiraditya M. Scindia on Tuesday flagged off regional airline Fly91's maiden flight from Goa's Manohar International Airport (MOPA) to Lakshwadeep's Agatti Islands.
Industry hails abolition of wireless operating license for ease of doing biz
New Delhi, March 12 - The industry on Tuesday welcomed the government’s progressive approach towards technological advancement of the nation, including the abolition of the wireless operating license (WOL).
Discoms’ rating: Scoring 99.9 out of 100, Adani Electricity Mumbai retains top rank
Mumbai, March 12 - Adani Electricity Mumbai Ltd has retained the top position in the Union Power Ministry's 12th Annual Integrated Rating & Ranking for various parameters, an official spokesperson said here on Tuesday.
India’s retail inflation eases to 4-month low of 5.09 per cent in January
New Delhi, March 11 - India'’s retail inflation slowed to a four-month low of 5.09 per cent in February bringing some relief to household budgets, official figures released on Tuesday showed.
Industrial production clocks 3.8 pc growth in January
New Delhi, March 12 - India’s industrial production clocked a 3.8 per cent growth in January, according to data released by the Ministry of Statistics on Tuesday.
Food prices in New Zealand see smallest annual increase in almost 3 years
Wellington, March 13 - New Zealand's food prices increased 2.1 per cent in the 12 months to February 2024, the smallest increase since May 2021, according to the statistics department Stats NZ on Wednesday.
India’s retail inflation eases to 4-month low of 5.09 per cent in February
New Delhi, March 12 - India's retail inflation slowed to a four-month low of 5.09 per cent in February bringing some relief to household budgets, official figures released on Tuesday showed.
Ahead of revamp, ‘Digital survey’ of Dharavi to begin on March 18
Mumbai, March 12 - In a milestone development, the Dharavi Redevelopment Project Pvt. Ltd. (DRPPL) will embark on a ‘digital survey’ of lakhs of informal slum residents of Dharavi on March 18, officials said.
Credit off-take from banks continues to grow: CARE Ratings
Chennai, March 12 - Credit off-take from banks continued to grow, increasing by 20.5 per cent year-on-year (y-o-y) to reach Rs 162.1 lakh crore, for the fortnight ending February 23, 2024, said CARE Ratings.
Vodafone Idea secures $1 billion in equity in ‘soft commitment’ from investors
New Delhi, March 12 - Facing a cash crunch, Vodafone Idea has secured an equity commitment of $1 billion (around Rs 8,300 crore) from investors.
PM Modi to lay foundation stone of 3 chip plants, address youth on job creation
New Delhi, March 12 - Giving a push to his vision to position India as a global hub for semiconductor design, manufacturing and technology development, Prime Minister Narendra Modi will lay the foundation stone of three semiconductor projects worth about Rs 1.25 lakh
10 to 12 lakh people visit Jan Aushadhi Kendras daily: Health Min Mandaviya
New Delhi, March 12 - About 10 to 12 lakh people visit Jan Aushadhi Kendras every day in the country, said Union Minister for Health and Family Welfare, Dr. Mansukh Mandaviya, here on Tuesday.