Top Indian women founders to share innovation stories at ‘Startup Mahakumbh’
New Delhi, March 6 - The much-awaited 'Startup Mahakumbh', the largest celebration of Indian startups, will witness top women founders who will share their innovation stories and highlight their pivotal role within the ecosystem.
Cut & polished diamond exports to dip about 25-30 pc in FY24: CARE Ratings
Chennai, March 6 - Economic conditions in the US and China, growing market for lab grown diamonds (LGD), other avenues for discretionary spending and geopolitical conditions is taking the glitter off the Indian cut and polished diamond (CPD) industry.
Indian aviation sector to log 8-13 pc passenger traffic growth in FY24
Chennai, March 6 - Credit rating agency ICRA on Wednesday said the Indian air passengers traffic is expected to grow by 8 to 13 per cent in FY24 to touch 150-155 million to surpass the pre-Covid levels of 141.2 million in FY20.
India records big jump in agricultural exports to Iraq, Saudi Arabia, Vietnam, UK
New Delhi, March 6 - India’s exports of agricultural products to major markets like Iraq, Vietnam, Saudi Arabia, and the UK, surged by 110 per cent, 46 per cent, 18 per cent, and 47 per cent, respectively, during April-November 2023, compared to the
Aviation industry to see 8 to 13 pc surge in domestic passengers: ICRA report
New Delhi, March 6 - Despite facing supply chain challenges and engine failures, Indian aviation industry is set to scale new heights in the coming years, according to a recent report by ICRA, a leading credit rating agency.
IT Minister to launch NITI Aayog’s platform to boost digital transformation of governance
New Delhi, March 6 - In order to further empower the digital transformation of governance, Union IT and Telecom Minister Ashwini Vaishnaw will launch NITI Aayog’s ‘NITI For States’ platform in the Capital on Thursday.
Gadkari approves Rs 553 cr project for 4-laning highway in Bengal
New Delhi, March 6 - Union Road Transport and Highways Minister Nitin Gadkari on Wednesday said that an allocation of 553.12 crore has been approved for the development and four-laning of the Krishnagar-Behrampore and Barasat–Barajaguli sections on National Highway–34, spanning across Nadia, Murshidabad
Louisa AI secures $5 mn funding to enhance its tech
New Delhi, March 6 - Artificial intelligence (AI) powered platform Louisa AI on Wednesday announced that it has secured $5 million in seed funding to enhance its technology designed to systematise “serendipity” in professional settings.
Indian healthcare innovation market to reach $60 bn by 2028: Report
New Delhi, March 6 - Driven by pharma services and technology, the healthcare innovation market in India is expected to reach $60 billion by 2028, according to a report on Wednesday.
Gold scales record high on growing bets for US interest rate cut in June
New Delhi, March 6 - Gold scaled a record high moving further above $2,100 in a rally sparked by growing bets for a US interest rate cut in June and on safe-haven demand due to the conflict in the Middle East, says Manav
RBI issues new order on credit cards to give customers more choice
Mumbai, March 6 - The RBI on Wednesday issued a directive barring credit card issuers (banks and non-banks) from entering into any arrangement or agreement with card networks such as American Express, MasterCard Asia, Diners Club and Rupay that restrain them from availing
Tata Power installs 1,000 green energy-powered EV charging points in Mumbai
Mumbai, March 6 - Tata Power on Wednesday said it has achieved over 1,000 of its EV charging points in Mumbai which are powered by green energy.
Hyundai, Kia unveil latest electrification technology for EVs
Seoul, March 6 - South Korea's leading automakers Hyundai Motor and Kia said on Wednesday that they showcased the latest technologies involving their electric vehicles (EV) at the annual EV Trend Korea exhibition here.
RBI’s punitive actions will keep NBFCs on the edge
New Delhi, March 6 - In continuation with its system clean-up mission, the RBI imposed an embargo on IIFL’s gold loan business on March 4 and on JM Financial Products’ (subsidiary of JM Financial) loan against shares & IPO financing business the next
Bira 91 raises $25 mn to expand manufacturing footprint
New Delhi, March 6 - B9 Beverages Ltd, Bira 91's parent company, on Wednesday said it is raising $25 million in new funding from Tiger Pacific Capital, an Asia-focused fund headquartered in New York and Hong Kong.
Elon Musk wanted ‘absolute control’ of the company: OpenAI
New Delhi, March 6 - Sam Altman-run OpenAI has hit back at Elon Musk’s lawsuit, saying as the company discussed a for-profit structure in order to further the mission, “Musk wanted us to merge with Tesla or he wanted full control”.
Rajasthan Tourism pavilion becomes centre of attraction at ITB Berlin travel show
Jaipur, March 5 - The pavilion of the Rajasthan Tourism became the centre of attraction at the ITB Berlin, the world’s premier B2B travel show, on Tuesday.
Market value of Tata Sons’ listed investments estimated at Rs 16 lakh crore
New Delhi, March 5 -Tata Sons’ could potentially fetch a value of Rs 7-8 trillion at current market capitalisation of Tata Group companies, as per investment banking firm Spark PWM.
MGL cuts CNG prices for Mumbai, surroundings from midnight
Mumbai, March 5 - The Mahanagar Gas Ltd (MGL) on Tuesday announced a reduction in CNG prices by Rs 2.50 per kg for Mumbai and Mumbai Metropolitan Region.
Gadkari unveils highway projects worth Rs 4,000cr in Himachal
Hamirpur (HP), March 5 - Union Minister for Road Transport & Highways Nitin Gadkari on Tuesday inaugurated and laid the foundation stones of 15 National Highway projects and a Ropeway project entailing an investment of Rs. 4,000 crore in the Himalayan state of