Adani Group’s ammunition plants open in Kanpur, locals overjoyed over jobs generation
New Delhi, Feb 27 - The Adani Group’s two mega facilities launched in Kanpur for the manufacturing of ammunition and missiles are set to add new dimensions to the country’s self-reliance in the defence sector.
AirAsia looks to add Tier 2/3 cities to its India route map
Chennai, Feb 27 - The Malaysia headquartered AirAsia airline, which would soon add Jaipur, Vishakapattinam and Ahmedabad to its route map, is looking to add more Indian Tier 2/3 cities, said a senior official of the airline.
‘Diamond to Gold’: Sachin Jain to be World Gold Council’s India head
Chennai, Feb 27 - The World Gold Council on Tuesday announced the appointment of Sachin Jain as its new CEO, India.
PFRDA notifies simplified Retirement Adviser Regulations
New Delhi, Feb 27 - The Pension Fund Regulatory and Development Authority (PFRDA) has notified the new Retirement Adviser Regulations to simplify the provisions related to eligibility criteria, timelines to expedite the process of registration and removal of the requirement of submission of
Nifty snaps two-day decline in choppy trading session
Mumbai, Feb 27 - Nifty rebounded on Tuesday, snapping a two-day decline in a choppy trading session, said Deepak Jasani, Head of Retail Research at HDFC Securities.
Paisalo Digital raises Rs 200 crore from IRDEA to lend for EV buyers
Chennai, Feb 27 - Listed non-banking finance company (NBFCC) Paisalo Digital Ltd has raised Rs 200 crore from the Indian Renewable Energy Development Agency Limited (IREDA).
Govt schemes helping startups born with Indian capital: Sanjeev Bikhchandani
New Delhi, Feb 27 - Various government schemes have given momentum to the Indian venture capital (VC) industry to nurture and scale homegrown startups, investor and Info Edge Founder Sanjeev Bikhchandani said on Tuesday.
TCS likely to lead its peers in revenue growth: UBS
New Delhi, Feb 27 - TCS is likely to lead its peers in revenue growth by 100-150 bp along with improvement in margins in FY25, foreign brokerage UBS said in a report.
UNICEF India, Ayushmann Khurrana celebrate Radio Excellence for child rights
New Delhi, Feb 27 - The fifth edition of the UNICEF India Radio4Child Awards held today, honoured the outstanding contributions of 22 radio professionals from All India Radio, private FM stations and community radio for their exemplary work in creating awareness on routine
Shadowfax secures $100 mn in Series E funding led by TPG NewQuest
New Delhi, Feb 27 - Logistics service provider Shadowfax on Tuesday announced the closing of its Series E funding round, securing $100 million in investments.
GD Goenka University and Le Cordon Bleu gear up to redefine hospitality education in India
New Delhi, Feb 27 - India is emerging as a global leader in the hospitality industry, thanks to the rapidly growing economy, rising disposable incomes and soaring demand for skilled professionals.
Byju’s saga: Investors, edtech company battle it out at NCLT
Bengaluru/New Delhi, Feb 27 - Key investors in embattled edtech company Byju’s on Tuesday argued at the National Company Law Tribunal (NCLT) hearing here that the process adopted by the company for its $200 million rights issue is “in breach of laws”.
Maha on track to achieve $1 Trillion economy, says Ajit Pawar
Mumbai, Feb 27 - Maharashtra is on track to achieve its goal of a $1 Trillion economy soon, said Deputy Chief Minister Ajit Pawar on Tuesday, even as he announced that a Maharashtra Bhavan would be built in Ayodhya for pilgrims from the
Startup Mahakumbh is reflective of India’s growth story: Piyush Goyal
New Delhi, Feb 27 - Commerce and Industry Piyush Goyal on Tuesday said that Startup Mahakumbh is reflective of the India’s growth story.
GeM to end FY24 with sales of Rs 4 lakh cr to govt: Piyush Goyal
New Delhi, Feb 27 - The Government e-Marketplace (GeM) is set to close the fiscal year ending March 2024 with sales of Rs 4 lakh crore to the government from the turnover of Rs 422 crore in its first year of operation, Union
Asian central banks will not cut rates ahead of the Fed: Morgan Stanley
New Delhi, Feb 27 - The latest commentary from Asian central banks signals that they have adopted a wait-and-see approach to rate cuts, foreign brokerage, Morgan Stanley said.
Govt will continue with nextgen economic reforms in 3rd term: Nirmala Sitharaman
New Delhi, Feb 27 - The Narendra Modi-led government will continue with the next-generation economic reforms to make India the third largest economy in the world, Finance Minister Nirmala Sitharaman said on Tuesday.
HFCL, MediaTek partner to help Indian telcos address last-mile 5G connectivity
New Delhi, Feb 27 - In a bid to push the government’s vision of creating a sustainable telecom ecosystem, technology enterprise and communications solution provider HFCL Limited on Tuesday partnered with chip-maker MediaTek to integrate its chipset with the indoor 5G solution and
Global automakers scale back electric vehicles, turn towards hybrids
New Delhi, Feb 27 - Global electrification, previously driven by strong electric vehicle sales, is now showing signs of growth moderation despite supply chain normalisation and price reductions by OEMs, as per a report by JM Financial Institutional Securities.
Zoho Corporation launches ‘Zakya’ modern retail POS solution in India
New Delhi, Feb 27 - Tech company Zoho Corporation on Tuesday announced the launch of ‘Zakya’ a modern point of sale (POS) solution for retail stores in India that aims to streamline their day-to-day operations.