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.
India seeks greater say for developing countries at WTO meet
Abu Dhabi, Feb 26 - India told the 13th Ministerial Conference of the World Trade Organization (WTO) in Abu Dhabi on Monday that it is of the firm view that developing countries require flexibility in the existing agreements to overcome the constraints faced
SEBI receiving complaints regarding fraudulent trading platforms falsely claiming affiliation with FPIs
New Delhi, Feb 26 - Markets regulator SEBI has asked investors to exercise caution and to steer clear of any social media messages, WhatsApp groups, Telegram channels, or apps claiming to facilitate stock market access through FPIs or FIIs registered with SEBI.
Vijay Shekhar Sharma quits as Paytm Payments Bank Chairman, Board member
New Delhi, Feb 26 - Leading financial services company Paytm said on Monday that its founder and CEO Vijay Shekhar Sharma has stepped down as Non-Executive Chairman and Board Member of Paytm Payments Bank Ltd (PPBL), as the Reserve Bank of India (RBI)
FM Sitharaman stresses on compliance of norms at meet with fintech heads
New Delhi, feb 26 - Finance Minister Nirmala Sitharaman on Monday held a meeting with the heads of several fintech companies and startups during which she emphasised the need for strict adherence to official regulations and giving paramount importance to the protection of
Vijay Shekhar Sharma steps down as Paytm Payments Bank Chairman
New Delhi, Feb 26 - Financial services company Paytm said on Monday that Vijay Shekhar Sharma has stepped down as Non-Executive Chairman and Board Member of Paytm Payments Bank Ltd (PPBL).
India’s coal imports for power plants fall by 37% as self-reliance grows
New Delhi, Feb 26 - India’s coal-based power generation grew by a double-digit -- 10.06 per cent -- from April 2023 to January 2024 compared to the same period of the previous year, while coal imports for blending witnessed a significant decrease of
RBI fines SBI, Canara Bank for breach of rules
Mumbai, Feb 26 - The Reserve Bank of India (RBI) announced on Monday that it has imposed penalties on the State Bank of India (SBI) and Canara Bank for non-compliance with banking regulations and RBI directions.
SK Telecom, global telcos to form AI language model joint venture
Seoul, Feb 26 - SK Telecom, South Korea's top mobile carrier, said on Monday it will create a joint venture with four global mobile carriers aimed at developing large language models (LLMs) tailored to the needs of telecommunications companies.
Power giant NTPC’s mining arm surpasses 100mn tonnes coal production milestone
New Delhi, Feb 26 - Government-owned power giant NTPC's coal-mining subsidiary NTPC Mining Ltd. (NML) has surpassed the milestone of producing 100 million metric tonnes (MMT) of coal.
SJVN to supply 300 MW solar power to J&K from Rajasthan unit
New Delhi, Feb 26 - SJVN Limited, through its wholly-owned subsidiary SJVN Green Energy Limited (SGEL), has signed a power usage agreement with Jammu & Kashmir Power Corporation Limited to supply 300 MW of solar power from its 1,000 MW Bikaner Solar Power