CII, Nasscom join hands to digitally skill 1 lakh non-IT professionals in 2 years
New Delhi, July 1 - The Confederation of Indian Industry (CII) and Nassom on Monday joined hands to provide digital skills to youth in sectors other than IT, with an aim to reskill and upskill 1 lakh youth in the coming two years.
97.87 pc of ₹2000 banknotes have now been returned: RBI
Mumbai, July 1 - The Reserve Bank of India (RBI) on Monday said that 97.87 per cent of the ₹2000 banknotes that were in circulation as of May 19, 2023, when their withdrawal was announced, have now been returned.
Video telematics startup Cautio raises Rs 6.5 cr led by Antler, other investors
New Delhi, July 1 - Video telematics startup Cautio on Monday announced a pre-seed raise of Rs 6.5 crore led by Antler, 8i Ventures and AU Small Finance Bank.
Mobile phone exports: India gains with PLI scheme as China & Vietnam falter
New Delhi, July 1 - In a major boost to India’s production-linked incentive (PLI) scheme, mobile phone exports from the country gained much ground in FY24 as manufacturing giants like China and Vietnam fell behind.
Mahindra logs 11 pc growth in overall auto sales for June at 69,397 units
New Delhi, July 1 - Automaker Mahindra & Mahindra (M&M) on Monday announced that its overall auto sales for June stood at 69,397 vehicles, a growth of 11 per cent, including exports.
Indian Public Cloud services market to reach $24.2 billion by 2028: IDC
New Delhi, July 1 - The overall Indian Public Cloud Services (PCS) market is expected to reach $24.2 billion by 2028, growing at a compound annual growth rate (CAGR) of 23.8 per cent, a report showed on Monday.
SK Group chairman meets with CEOs of Amazon, Intel
Seoul, July 1 - SK Group Chairman Chey Tae-won has met with leaders of global tech giants, including Amazon and Intel, to discuss ways to broaden business cooperation in artificial intelligence (AI) semiconductors, his company said on Monday.
Samsung Heavy wins $1 billion order for 4 LNG carriers
Seoul, July 1 - South Korean shipbuilder Samsung Heavy Industries said on Monday it has won a 1.4 trillion-won ($1 billion) order to build four liquefied natural gas (LNG) carriers for a Middle Eastern shipper.
Health insurer Niva Bupa files draft papers for Rs 3,000 crore IPO
Mumbai, July 1 - Leading health insurer Niva Bupa on Monday filed its draft red herring prospectus (DRHP) with the markets regulator Securities Exchange Board of India (SEBI) to raise about Rs 3,000 crore ($360 million) via an initial public offering (IPO).
SK On firm to freeze annual pay of all executives until it turns to profit
Seoul, July 1 - SK On, the loss-making battery unit of South Korea's chip-to-construction conglomerate SK Group, said on Monday it will freeze the annual pay of all executive-level officials until it turns to profit, as part of its cost-cutting measures.
Exploration of regional resources key to build startup ecosystem in J&K: Dr Jitendra Singh
New Delhi, June 30 - Change of mindset and exploration of regional resources are the key to build a startup ecosystem in Jammu & Kashmir, Union Minister of State (Independent Charge) for Science and Technology Dr Jitendra Singh said on Sunday.
Zomato receives fresh Rs 9.45 crore GST demand notice
New Delhi, June 30 - Online food delivery platform Zomato has received a fresh Goods and Service Tax (GST) demand notice for about Rs 9.45 crore with interest and penalty.
LG Electronics adopts human rights principles
Seoul, June 30 - LG Electronics, South Korea's leading consumer electronics maker, on Sunday said it has adopted human rights principles to avoid human rights violations within the company and its contracted companies.
SK Group to secure $58 billion for AI, chip investments by 2026
Seoul, June 30 - SK Group, South Korea's chip-to-construction conglomerate, said on Sunday that it will secure 80 trillion won ($58 billion) by 2026 for investments, mainly in artificial intelligence and semiconductors.
FSIB recommends CS Shetty as next SBI Chairman
New Delhi, June 29 - The Financial Services Institutions Bureau (FSIB) has recommended the name of Challa Sreenivasulu Setty as the Chairman of the State Bank of India (SBI), the country’s largest lender.
RBI inks pact to link UPI with 4 ASEAN countries for instant cross-border retail payments
Mumbai, July 1 - Reserve Bank of India (RBI) on Monday announced that it has now joined Project Nexus with the four ASEAN countries to create a platform to facilitate instantaneous cross-border retail payments.
Union Minister to launch campaign for redressal of family pensioners’ grievances on Monday
New Delhi, June 30 - Dr Jitendra Singh, Minister of State for Personnel, Public Grievances and Pensions, will launch the special campaign for effective redressal of family pensioners’ grievances in New Delhi on Monday.
Market Outlook: PMI data, budget & auto sales key triggers for this week
Mumbai, June 30 - Indian equity indices closed with gains last week despite mixed cues from global peers. Frontline indices both Sensex and Nifty posted gains of more than 2 per cent making their fourth consecutive week of growth.
Mumbai, Delhi see strong growth in prime property prices globally: Report
New Delhi, June 30 - As India remains a resilient economy amid global headwinds, Mumbai and Delhi experienced robust annual growth in prime residential property prices among the top 44 cities worldwide in the first quarter (Q1 2024) this year.
NTPC board gives go-ahead for raising Rs 12,000 crore via NCDs
New Delhi, June 29 - Government-owned power giant NTPC said on Saturday that its board has cleared a proposal to raise up to Rs 12,000 crore through the issuance of bonds and non-convertible debentures (NCDs).