Tata Motors cuts prices of electric cars by up to Rs 1.2 lakh
New Delhi, Feb 13 - Tata Motors on Tuesday cut the prices of its electric cars by up to Rs 1.20 lakh as the company passed on to consumers the decline in the cost of battery cells of electric vehicles.
Cautious optimism for auto retail sector in Feb
Chennai, Feb 13 - The February outlook for the automobile industry leans toward cautious optimism with growth potential, said the Federation of Automobile Dealers Associations (FADA).
RBI supports fintech sector, but customer interest is of prime importance: Guv Das
New Delhi, Feb 12 - The Governor of Reserve Bank of India (RBI), Shaktikanta Das, said on Monday that while the central bank is supportive of the fintech sector, it is also committed to protect the interests of the customers as well as
Adani Electricity unveils India’s First Advanced Distribution Management System (ADMS) in Mumbai
Mumbai, Feb 13 - The Adani Electricity Mumbai Ltd has launched the country’s first state-of-the-art Advanced Distribution Management System to fix power supply glitches within a short time for its 31.50 lakh consumers, officials said here.
US regulator seeks to probe Apple over Beeper Mini app shutdown
Washington, Feb 13 - US Federal Communications Commission (FCC) commissioner Brendan Carr on Tuesday sought a probe into Apple over the Beeper Mini app that briefly enabled message interoperability between iOS and Android.
UPI’s arrival in Sri Lanka, Mauritius to boost cross-border commerce, tourism: Industry
New Delhi, Feb 12 - The launch of Unified Payment Interface (UPI) services in Sri Lanka and Mauritius by Prime Minister Narendra Modi is a significant step in establishing India’s global leadership in fintech and payments innovation, the industry said on Monday.
Pak stocks sink by over 2,000 points amid uncertainty over govt formation
Karachi, Feb 12 - The Pakistan Stock Exchange (PSX) witnessed a steep decline during the early morning trading as the benchmark KSE-100 fell by over 2,200 points on Monday amid uncertainty over the formation of a new government, a media report said.
Chennai Airport to have 9 aerobridges by 2025 to cater to wide bodied long haul flights
Chennai, Feb 12 - The Chennai Airport terminal complex has 13 aerobridges, and one additional aerobridge for wide bodied long haul aircraft is under construction and will be operational by March 2024, said the Ministry of Civil Aviation.
Sensex down more than 500 points
New Delhi, Feb 12 - BSE Sensex on Monday fell more than 500 points on broad based selling.
Spiritual-tech platform Astrotalk raises $20 mn, to expand global footprint
New Delhi, Feb 12 - Spiritual tech startup Astrotalk on Monday said it has raised $20 million in a Series A round led by Left Lane Capital, a US-based venture capital firm.
EaseMyTrip plans to build 5-star hotel in Ayodhya, triggers surge in share price
New Delhi, Feb 12 - Travel agency EaseMyTrip has announced plans of building a luxury five-star hotel in Ayodhya near the Sri Ram Mandir which led to a surge in the company’s share price on Monday.
FICCI Cascade puts thrust on int’l co-operation; launches new campaign to fight smuggling
New Delhi, Feb 12 - FICCI Cascade has been at the forefront when it comes to raising awareness about smuggling activities and initiating pro-active dialogues on how it can be tackled.
India Inc expects higher manufacturing sector growth in Jan-March quarter
New Delhi, Feb 12 - Apex business chamber FICCI’s quarterly survey on manufacturing released on Monday reveals a sustained and continued period of growth for India’s manufacturing sector in the last quarter of financial year 2023-2024.
Samsung chairman emphasises on rolling out ‘bold’ investment
Seoul, Feb 12 - Samsung Electronics Chairman Lee Jae-yong has emphasised the importance of "bold" investments during a visit to Samsung SDI's battery production line in Malaysia, the company said on Monday.=
US-based fintech Formidium opens new office in India, to hire 40-50
New Delhi, Feb 12 - US-based fintech company Formidium on Monday said that it has opened a new office in India and plans to hire over 40-50 employees for different roles in the next three years.
Centre tells states to meet guidelines for ensuring adequate power to consumers
New Delhi, Feb 12 - Union Ministry of Power has sent a detailed letter to all states and union territories for adherence to “Resource Adequacy Guidelines” in order to ensure adequate growth in the nation’s power capacity in line with the rapidly growing
Govt announces National Creator’s Awards for new-age influencers
New Delhi, Feb 12 - The government has announced the ‘National Creators Award’ to recognise new-age influencers and creators and celebrate India’s digital creator economy.
Microsoft ends week with $3.125 tn MCap, becomes most valuable company ever
New York, Feb 10 - Microsoft ended the week with a market capitalisation of $3.125 trillion, the highest for any company ever, Barron’s reported.
Assam Budget to be presented today
Guwahati, Feb 12 - The Assam Budget for 2024-25 financial year is scheduled to be tabled Monday by Finance Minister Ajanta Neog in the Assam Assembly.
Musk plans to shift 1 mn people to Mars
New Delhi, Feb 11 - Billionaire Elon Musk on Sunday announced plans to shift one million people to Mars.