India Post Payments Bank launches ‘Fincluvation’
Apr 22, 2022, at 05:21 am
New Delhi: State-owned India Post Payments Bank (IPPB) announced the launch of Fincluvation– a joint initiative to collaborate with the Fintech Startup community to co-create and innovate solutions for financial inclusion.
TVS Motor Company announces additional investment of 100 million pounds in UK's Norton Motorcycle
Apr 22, 2022, at 01:49 am
Hosur: Two-wheelers and three-wheelers manufacturing giant, TVS Motor Company Thursday announced an additional investment of £100 million in Norton Motorcycles, Britain's most iconic sporting motorcycle brand, which was acquired in April 2020.
Nestle India collaborates with 7k farmers
Apr 22, 2022, at 01:24 am
Gurugram: Nestle India has announced its collaboration with 7000 dairy farmers across the dairy value stream for helping them in adopting environment-friendly practices in their operations by way of reducing enteric fermentation, improving feed management, and manure management.
BGBS 2022: Flipkart launches modern fulfillment center in Haringhata
Apr 21, 2022, at 11:25 pm
Kolkata/IBNS: India's homegrown e-commerce marketplace Flipkart on Thursday announced the inauguration of India’s largest fulfillment center in Haringhata, West Bengal.
Apr 21, 2022, at 10:28 pm
Mumbai/UNI: The equity market remained strong for another session on Thursday as the BSE Sensex zoomed up 874.18 to close at 57,911.68 on strong global cues.
Apr 21, 2022, at 09:35 pm
Mumbai: The BSE Sensex on Thursday jumped 459 points to 57,496.50 as buying was seen across the board.
BHIM UPI goes live at NEOPAY terminals in UAE
Apr 21, 2022, at 08:35 pm
New Delhi: NPCI International Payments Ltd (NIPL), the International arm of the National Payment Corporation of India, has announced that BHIM UPI is now live at NEOPAY terminals, across the UAE.
What you need to know to start online gambling business in India?
Apr 21, 2022, at 04:57 pm
Inflation, volatility in energy markets dampening growth momentum, says FM Sitharaman in G20 meeting
Apr 21, 2022, at 04:24 pm
New Delhi/Washington/UNI: Participating in the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in Washington on Thursday, Finance Minister Nirmala Sitharaman said that the global growth momentum is dampened by prolonged inflation, supply chain disruption, volatility in energy markets and investor uncertainty.
India’s first pure green hydrogen plant commissioned in Jorhat
Apr 21, 2022, at 06:27 am
Jorhat (Assam): Oil India Limited (OIL) Wednesday commissioned a 99.999 percent pure Green Hydrogen pilot plant, with an installed capacity of 10 kg per day at its Jorhat Pump Station in Assam, the ministry of petroleum and natural gas said in a statement
14 companies shortlisted for drone PLI scheme
Apr 21, 2022, at 05:39 am
New Delhi: The aviation ministry today said it has shortlisted 14 companies under the Production-Linked Incentive (PLI) Scheme for drone and drone components. The list includes Adani joint venture company with Israeli firm Elbit as well as IdeaForge Technology.
Tata Steel to stop doing business with Russia
Apr 21, 2022, at 04:36 am
Tata Steel is going to stop doing business with Russia, the company said Wednesday, becoming the latest company to sever business ties with Russia after it attacked Ukraine, Reuters reported.
BGBS: Gautam Adani pledges Rs 10,000 cr investment in Bengal
Apr 21, 2022, at 03:19 am
Kolkata: The Adani Group on Wednesday promised to invest Rs 10,000 crore in West Bengal over the next decade, Gautam Adani announced on Wednesday.
TReDS platform Invoicemart reaches record throughput of Rs 26000 cr
Apr 21, 2022, at 01:27 am
Trade Receivables Discounting System (TReDS) platform Invoicemart reached a record throughput of Rs 26000+ crores out of which Rs 14600+ crores was recorded in the last financial year.
CoinSwitch hires Ankit Vengurlekar as its first-ever Editor-in-Chief
Apr 21, 2022, at 12:59 am
April 20: Crypto investing app CoinSwitch has appointed Ankit Vengurlekar as Editor-in-Chief to strengthen user education initiatives as part of its mission to build an ecosystem that simplifies Crypto.
India's non-basmati rice exports jump by 109 pc to $ 6115 million
Apr 20, 2022, at 11:46 pm
New Delhi: India’s non-basmati rice exports jumped 109 percent from $ 2925 million in FY 2013-14 to $ 6115 million in FY 2021-22.
Russia increases export quota of fertilizer producers, India to benefit
Apr 20, 2022, at 10:49 pm
Russia has increased the export quotas for Russian producers of mineral fertilizer by almost 700,000 tons and that of nitrogen fertilizers was increased by 231000 tons, media reports said.
Apr 20, 2022, at 10:24 pm
Mumbai: Snapping a losing streak of last five sessions, the BSE Sensex on Wednesday posted 574.35 pts gain to close at 57,037.50 following rise in Auto, Energy, Oil and Gas and Technology stocks.
Reliance Jio added 10 million active users in Feb beating Airtel
Apr 20, 2022, at 09:20 pm
New Delhi: Reliance Jio added 10 million active users in February but lost 3.66 million gross subscribers, indicating that the telecom major has not been affected by the SIM consolidation after the tariff hike last December and has continued its continuing clean-up of low-paying users for the last few months, ET reported.
Sprite’s new ‘Thand Rakh’ campaign tells audiences to ‘chill’, literally
Apr 20, 2022, at 08:59 pm
Kolkata/UNI: Coca-Cola India, multinational beverage corporation, has unveiled a new campaign 'Thand Rakh' for India's top lemon and lime-flavored beverage – Sprite.
SBI, BoB increase lending rate by up to 0.1 pc
Apr 20, 2022, at 06:22 am
State Bank of India (SBI) and other major lenders including Bank of Baroda (BoB), Axis Bank and Kotak Mahindra Bank are increasing their benchmark lending rates by up to 0.10 per cent.
Reliance Brands acquires majority stake in Abu Jani Sandeep Khosla
Apr 20, 2022, at 04:22 am
Mumbai: Reliance Brands Limited (RBL), a subsidiary of Reliance Retail Ventures Ltd, on Tuesday, signed a definitive agreement to invest either by itself and/or through its affiliates in India’s foremost couturiers Abu Jani Sandeep Khosla (AJSK) for a 51 percent majority stake.
LV Vaidyanathan appointed CEO of P&G India
Apr 20, 2022, at 03:05 am
FMCG major Procter & Gamble India Tuesday appointed LV Vaidyanathan, who heads the company’s business in Indonesia, as the new chief executive officer.
Volvo Car India increases ex-showroom prices up to 4 pc
Apr 20, 2022, at 12:38 am
Kolkata: Swedish luxury car maker Volvo Car India today announced an increase in the ex-showroom prices of its cars in India ranging between Rs 1 lakh to 3 lakhs across all models due to rising input costs pressure.
Muthoot Finance declares interim dividend of 200 pc, Rs 20 per share
Apr 19, 2022, at 11:44 pm
Kochi: Muthoot Finance Ltd, India`s largest gold loan company on April 18, 2022 declared an interim dividend of 200 percent(Rs.20 per equity share of face value of Rs.10 each) for the financial year 2022-23.
Sensex moves down 703.59 points
Apr 19, 2022, at 11:24 pm
Mumbai: The equity market remained weak for a fifth consecutive session on Tuesday as the BSE Sensex tanked 703.59 points to settle at 56,463.15 on heavy selling in IT, power, realty and technology stocks amid weak global cues.
SBM Bank India raises Rs 125 cr through Basel III compliant Tier–II bonds
Apr 19, 2022, at 09:37 pm
Kolkata: SBM Bank India, a new universal bank under the Wholly Owned Subsidiary (WoS) mode, announced the successful completion of its fundraising initiatives, aiming to propel the expansion plans.
SOTC Travel expands presence in Tamil Nadu with new franchise outlet in Trichy
Apr 19, 2022, at 08:48 pm
Trichy/IBNS: SOTC Travel, an omnichannel travel and tourism company, recently inaugurated its new franchise outlet at Thillai Nagar.
Poonawalla Fincorp forays into digital consumption loans space
Apr 19, 2022, at 08:41 pm
Poonawalla Fincorp Limited (Formerly Magma Fincorp Limited), has entered digital consumption loans space through a tie up with KrazyBee.
Pyramid fraud: ED attaches assets worth Rs. 757 crore to Amway India
Apr 19, 2022, at 05:43 am
New Delhi/IBNS: Assets worth over Rs. 757 crore belonging to direct-selling consumer goods company Amway India have been attached under the anti-money laundering law, the Enforcement Directorate (ED) said on Monday.