Nxtra by Airtel to procure 140,208 MWh renewable energy to push India’s ‘green’ goal
New Delhi, Feb 14 - Nxtra by Airtel, one of India's leading data centre companies, on Wednesday announced a power-wheeling agreement with Ampln and Amplus Energy to procure an additional 140,208 MWh of renewable energy.
Mobility fintech startup Moove raises $10 mn to expand India footprint
New Delhi, Feb 14 - Global mobility fintech startup Moove on Wednesday said it has raised $10 million in new debt funding from leading venture debt fund Stride Ventures to expand its India footprint.
SpiceJet shares dip amidst financial challenges, but airline asserts strong position
New Delhi, Feb 14 - In the midst of news regarding delays in salary payments, EPFO deposits, and potential job cuts, SpiceJet shares experienced a 4.16 per cent decline on Wednesday. Nonetheless, the budget airline asserted that it is presently in its most
India’s WPI inflation eases to 0.27% in Jan
New Delhi, Feb 14 - India's inflation based on the wholesale price index eased to 0.27 per cent in January compared to 0.73 per cent in December, data released by the Commerce and Industry Ministry on Wednesday showed.
Indian banks face a slowdown in growth and profit margins as deposits lag
New Delhi, Feb 14 - Indian banks face a slowdown in growth and profit margins as deposits lag despite higher interest rates.
Defence deals through govt e-marketplace cross Rs 1 lakh cr mark
New Delhi, Feb 14 - The orders placed by the Ministry of Defence (MoD) through the Government e-Marketplace (GeM) portal has surpassed a whopping Rs 1 lakh crore reflecting the increasing transparency and efficiency in executing defence deals, the Commerce Ministry said on
Jio asks out Airtel users on a Valentine’s date: A playful nudge or a serious challenge?
New Delhi, Feb 14 - Jio continues the tradition of Valentine’s day banter with competition.
Farmers’ protest: Huge security build-up continue on inter-state borders
Chandigarh, Feb 14 - Huge security build-up continued on inter-state borders between Punjab and Haryana on the second day on Wednesday, as assembled protesting farmers are adamant on heading to the national capital to lodge their protest over unfulfilled demands, including legal guarantee
Bullet train to cut 508 km Mumbai-Ahmedabad travel to 2 hours: Minister shares video
New Delhi, Feb 13 - Railway Minister Ashwini Vaishnaw on Tuesday shared a video of the Mumbai-Ahmedabad 'Bullet train' corridor which will cut the travel time on the 508 km route between the two cities to a mere 2 hours.
First repo rate cut by RBI expected only in 3QFY25, say analysts
New Delhi, Feb 13 - India's January CPI inflation moderated to 5.1 per cent, in line with expectations, while core inflation remained subdued at 3.5 per cent.
US inflation touches 3.1% leaving doubts over whether Fed will resort to rate cuts
New York, Feb 14 - Inflation in the US, which cooled in January, rose again exceeding Wall Street’s expectations, signalling that the Federal Reserve might hold back its reported move to cut interest rates.
US stocks tumble on inflation data
New York, Feb 13 - US stocks tumbled on Tuesday after fresh data revealed that inflation eased somewhat, but stayed stubborn in January.
Merchants with Paytm QR don’t need to look for alternatives: Here are the facts
New Delhi, Feb 13 - Paytm, the pioneer of QR and mobile payments, on Tuesday announced that its QR codes will continue to function as usual, allowing merchants to accept payments beyond February 29, 2024.
Bosch posts 62% jump in net profit, declares interim dividend of Rs 205 a share
New Delhi, Feb 13 - Auto components major Bosch Ltd on Tuesday reported a 62 per cent jump in net profit at Rs 518 crore for the October-November quarter of the current financial year compared to the corresponding figure of Rs 318.9 crore
Nifty bounces back on benign inflation numbers
Mumbai, Feb 13 - Nifty bounced back from Monday's losses after India’s CPI inflation came in at a three-month low of 5.10 per cent, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.
Low single-digit growth likely for India’s smartphone market in 2024: IDC
New Delhi, Feb 13 - India's smartphone market shipped 146 million smartphones in 2023, with a nominal 1 per cent growth (year-over-year), a new report said on Tuesday, indicating a flat to low single-digit annual growth for the smartphone market this year.
Info Edge logs profit backed by non-recruitment biz verticals in Q3 FY24
New Delhi, Feb 13 - Info Edge India Limited, the parent company of Naukri.com, on Tuesday reported 7.2 per cent growth in its revenue from operations at Rs 595.4 crore for the quarter ended Dec 31, 2023 as compared to Rs 555.2 crore
Pak stock market slumps for third straight session as investors seek political clarity
Karachi, Feb 13 - The Pakistan Stock Exchange (PSX) continued to slide for the third consecutive session on Tuesday since the February 8 general elections, as lack of political clarity post polls saw the benchmark KSE-100 index shed close to 1,400 points, a
Centre sanctions Rs 1,742 crore for 4-lane highway in Mizoram
New Delhi, Feb 13 - Minister of Road Transport & Highways Nitin Gadkari has approved an outlay of Rs. 1742.11 crore for the construction of the 4-lane N. Kawnpui (N.Mualvum) – Sairang section on NH-6, situated along the Silchar –Valrengte – Sairang road
Gadkari approves Rs 382 crore highway project for Assam
New Delhi, Feb 13 - Minister of Road Transport & Highways Nitin Gadkari on Tuesday sanctioned Rs 382.10 crore for the construction of a new 2-lane highway with paved shoulders connecting Majuli and Jorhat on the recently designated NH 715K in Assam.