Vodafone Idea shares jump 11% in anticipation of fundraise
New Delhi, Feb 23 - Vodafone Idea shares jumped more than 11 per cent on Friday after the company announced a board meeting to consider fundraising.
PM Modi to roll out Rs 600cr worth projects in Chhattisgarh to speed up coal evacuation
New Delhi, Feb 23 - In line with India’s commitment to strengthening energy security and furthering sustainable development, Prime Minister Narendra Modi is scheduled to virtually inaugurate three key first mile connectivity projects of South Eastern Coalfields Limited (SECL), a Coal India Subsidiary
Google Pay’s portable speaker SoundPod to be available for small merchants across India
New Delhi, Feb 22 - In a key development, Google Pay on Thursday announced that its portable speaker SoundPod will be available for small merchants across India over the coming months.
Number of stocks with over $1 bn M-cap nearly doubled to 500 since 2019
New Delhi, Feb 22 -The market depth in India has increased considerably over the last few years with the number of stocks with more than $1 billion market cap nearly doubling to 500.
RBI notifies banks on interest equalisation scheme for rupee export credit
Mumbai, Feb 22 - The Reserve Bank of India (RBI) on Thursday issued a notification to all the banks, stating that the government has allowed the extension of the Interest Equalisation Scheme for Pre and Post Shipment Rupee Export Credit (Scheme) up to
Air India’s 737 MAX aircraft to be equipped with Collins’ advanced avionics
New Delhi, Feb 22 - RTX business Collins Aerospace has been selected by Air India for a full suite of avionics hardware catering to the airline's expanding Boeing 737 MAX fleet, an airline official said on Thursday.
IRCTC ties up with Swiggy Foods for meals on trains
New Delhi, Feb 22 - The Indian Railway Catering and Tourism Corporation (IRCTC) on Thursday announced that it has tied up with Swiggy Foods for the supply and delivery of pre-ordered meals to train passengers through IRCTC's e-catering portal.
Vodafone Idea board to consider fund raising proposal on Feb 27
New Delhi, Feb 22 - Vodafone Idea said that a meeting of the board of directors is scheduled on February 27 to consider and approve the proposal relating to fundraising.
Vodafone Idea continues to lose subscribers in Indian market: TRAI data
New Delhi, Feb 22 - Vodafone Idea continues to lose subscribers in the Indian market as Reliance Jio and Bharti Airtel gained subscribers in December 2023, according to the latest data released by the Telecom Regulatory Authority of India (TRAI).
Uttar Pradesh to organise CSR Summit soon: Official
Lucknow, Feb 22 - Uttar Pradesh Chief Secretary Durga Shankar Mishra has said that Uttar Pradesh will soon organise a CSR Summit.
Strong earnings report from Nvidia bolsters optimism on Wall Street
New York, Feb 22 - US stocks soared higher on Thursday after a strong earnings report from tech giant Nvidia bolstered investor optimism on Wall Street, a media report said.
Japan’s stock index surpasses record high set 34 years ago
Tokyo, Feb 22 - Japan's main stock index has hit an all-time closing high, surpassing the previous record set 34 years ago, a media report said.
Investors to go ahead with Friday meet to oust Byju’s CEO amid court order
New Delhi, Feb 22 - Key investors in edtech major Byju's will go ahead with the extraordinary general meeting (EGM) on Friday for a vote to remove Byju Raveendran as the company's CEO, despite a court order that any decision, taken during the
PSU stocks rally driven by retail investors
New Delhi, Feb 22 - There has been no meaningful Institutional crowding in PSU names in this cycle, barring few names. PSU rally seems to have been driven by retail investors, foreign brokerage, Bernstein said in a report.
SpiceJet’s Board approves allotment of 4.01 cr shares to two investors, raises additional Rs 316 cr
New Delhi, Feb 22 - SpiceJet on Thursday said that the Preferential Allotment Committee had approved the allotment of 4.01 crore equity shares on a preferential basis to two investors, including Aries Opportunities Fund Limited.
Coal PSUs enhance green cover with 235 lakh trees across 10,784 hectares
New Delhi, Feb 22 - Coal PSUs have planted more than 235 lakh saplings over an area exceeding 10,784 hectares in the five-year period FY 2019-20 to FY 2023-24 till January, thus enhancing the country’s carbon sink significantly, the Ministry of Coal said
India’s DPI holds incredible promise, says Uber CEO as company partners ONDC
Bengaluru, Feb 22 - Ride-hailing major Uber on Thursday signed an agreement with the government’s e-commerce platform Open Network for Digital Commerce (ONDC) to explore an integration with the network to expand the range of mobility offerings on the Uber app.
PM Modi 3.0 to further bolster $300 bn electronics manufacturing goal: Industry body
New Delhi, Feb 22 - The industry and the government are working to scale electronics manufacturing in India towards meeting the $300 billion goal in the next few years and Prime Minister Narendra Modi 3.0 will cement this vision in the next five
Space industry welcomes new FDI norms, expects $25 bn fresh investment in 10 years
Chennai, Feb 22 - India’s decision to revise its Foreign Direct Investment (FDI) norms for the space sector is expected to bring in fresh foreign investments up to $25 billion over the next decade and result in a wave of collaborations between Indian
Hyundai India proposed IPO could open floodgates for many more MNCs to list in India
New Delhi, Feb 22 - Hyundai India, which was established nearly three decades ago, recently announced its listing plans in India.