Nifty logs its biggest point and per cent loss in 25 sessions
Mumbai, Feb 28 - Nifty logged its biggest point and per cent loss in 25 sessions on Wednesday, said Deepak Jasani, Head of Retail Research at HDFC Securities.
Hyundai Motor India commits to reach RE100 benchmark by 2025, targeting 100 pc use of renewable energy
Gurugram, Feb 28 - Hyundai Motor India Limited (HMIL) has reaffirmed its commitment towards sustainability by aiming to achieve the RE100 benchmark by 2025.
RBI beefs up Enabling Framework for Regulatory Sandbox
Mumbai, Feb 28 - The Reserve Bank of India (RBI) has beefed up the 'Enabling Framework for Regulatory Sandbox' with more stringent timelines and compliance provisions.
Walmart Center for Tech Excellence comes up at IIT-Madras to develop solutions for MSMEs
Chennai, Feb 28 - The Walmart Center for Tech Excellence, set up at the Indian Institute of Technology Madras (IITM) to develop solutions for MSMEs, was inaugurated on Wednesday.
Coal India, BHEL join hands to set up ammonium nitrate plant based on coal gasification technology
New Delhi, Feb 28 - Public sector giants Coal India Limited (CIL) and Bharat Heavy Electricals Limited (BHEL) on Wednesday signed a joint venture (JV) agreement for setting up an ammonium nitrate plant based on surface coal gasification technology, the Coal Ministry announced
Indian-origin Sridhar Ramaswamy named CEO of data cloud firm Snowflake
New York, Feb 29 - Indian-origin Sridhar Ramaswamy has been named as the Chief Executive Officer and member of the Board of Directors of US-based data cloud company Snowflake.
Embattled Chinese developer Country Garden faces winding-up petition
Hong Kong, Feb 28 - Embattled Chinese developer Country Garden is facing a winding-up petition in Hong Kong, months after the company started what is expected to be the second-largest restructuring effort among its peers, following that of China Evergrande Group, a media
Homegrown Addverb unveils India’s 1st assistive dog robot
New Delhi, Feb 28 - Leading homegrown robotics company Addverb on Wednesday unveiled India's first-ever assistive dog robot named 'Trakr' at LogiMAT India 2024.
FM Sitharaman to launch Electronic Data Interchange facility for Customs stations in NE states
New Delhi, Feb 29 - Finance Minister Nirmala Sitharaman on Thursday will inaugurate the Electronic Data Interchange (EDI) facility at the land Customs stations of the northeastern states through the virtual mode for enhancing ease of doing business and facilitating regional trade, an
Govt to launch 2nd auction of critical mineral blocks on Feb 29
New Delhi, Feb 28 - Union Minister of Coal and Mines Pralhad Joshi will be launching the second tranche of Auction of Critical and Strategic Mineral Blocks on Thursday (February 29), an official said on Wednesday.
India makes strong pitch for restoration of Appellate Body at WTO
Abu Dhabi, Feb 28 - India emphatically called for the restoration of the Appellate Body at the World Trade Organisation as the top-most priority of the reform process that was discussed in the working session of the 13th ministerial conference on Wednesday.
‘India electronics manufacturing sector to employ 4.5 mn people in next few years’
Mumbai, Feb 28 - The Indian electronics manufacturing sector currently employs close to 2 million people and the country aspires to take that figure to about 4.5 million in the next few years with initiatives like local chip manufacturing, said S. Krishnan, Secretary,
India retail market set to reach $2 trillion in next decade: Report
Mumbai, Feb 28 - India continues to be a bright spot among the major economies and the retail market is expected to reach $2 trillion in next 10 years, presenting a large opportunity for retailers, a new report showed on Wednesday.
SpiceJet settles Rs 250 crore dispute with lessor Celestial Aviation
New Delhi, Feb 28 - Budget airline SpiceJet and Celestial Aviation, a subsidiary of AerCap, one of the largest aircraft lessor groups have mutually settled their Rs 250 crore dispute through amicable negotiations, the company said on Wednesday.
Tech Mahindra, Pegatron sign MoU to develop AI-enabled private 5G networks
New Delhi, Feb 28 - Tech Mahindra and global leader in technology and electronics manufacturing Pegatron on Wednesday announced the signing of a Memorandum of Understanding (MoU) at Mobile World Congress (MWC) 2024.
Fall in share of food in rural consumption basket indirectly indicates uptick in rural income
New Delhi, Feb 28 - The fall in share of food below 50 per cent mark at 46.3 per cent in rural consumption basket would have far reaching implications for the upcoming decade, as this would open up scope for a pick-up in
PM Modi to inaugurate Rs 1,393 cr coalfield projects in Madhya Pradesh tomorrow
New Delhi, Feb 28 - Prime Minister Narendra Modi will inaugurate two first mile connectivity projects of Northern Coalfields Limited (NCL) in Madhya Pradesh worth Rs 1,393.69 crore on Thursday, for the faster evacuation of coal in an environment-friendly way, the Coal Ministry
Russia to ban gasoline exports for six months from March 1
Moscow, Feb 27 - Russia will introduce a six-month ban on gasoline exports, beginning March 1, a spokesperson for Russian Deputy Prime Minister Alexander Novak said on Tuesday.
PayU appoints 5 new members to its Board of Directors
New Delhi, Feb 28 - Leading online payment solutions provider, PayU, on Wednesday announced the appointment of five new members to its Board of Directors.
Vodafone Idea shares slump over 11% after fundraising plans announced
New Delhi, Feb 28 - Vodafone Idea shares slumped more than 11 per cent on Wednesday, a day after it announced fundraising plans.