PG India launches Rs 500 crore fund to accelerate growth in rural areas
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The #39;PG Rural Growth Fund#39; will provide external partners an opportunity to collaborate with PG on business solutions customized for meeting the needs of rural consumers, the company said in a statement.
This Chinese electric scooter company will shift production base to India
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DAO EVTech is laying the groundwork for the launch of its first electric two-wheelers in the Indian market as it pursues talks with the Andhra Pradesh government for a plant in Chittoor that will manufacture products for export
Dr Reddy#39;s gets FDA nod for generic Revlimid; Enjoys 180 days exclusivity
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According to a press release issued by the city-based drug maker, the FDA approved Lenalidomide capsules in 2.5 mg and 20 mg strengths and gave tentative approval for 5 mg, 10 mg, 15 mg, and 25 mg strengths. Lenalidomide is used to treat various types of canc
US SEC report questions trading apps after GameStop frenzy
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A Securities and Exchange Commission report examining volatility in GameStop and other so-called «meme» stocks, said the wild market moves last winter highlighted the need for «potential study and further consideration» of ways to ensu
Challenges abound as Tata draws up a flight plan for Air India
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Air India, with its maharajah mascot, was once renowned for its lavishly decorated planes and stellar service championed by the airlineâs founder, JRD Tata, Indiaâs first commercial pilot.
Cryptocurrencies can undermine effectiveness of US sanctions: Treasury Department
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Following a review on the US sanctions system, Treasury found that «while sanctions remain an essential and effective policy tool, they also face new challenges including rising risks from new payments systems, the growing use of digital assets, and cyb
The step is a move to accept the recommendation of the Finance Ministry, which in a report has recommended rationalisation of government bodies either by closing them down or through merging multiple organisations under different ministries.
Bill Gates warned in 2008 over #39;inappropriate emails#39; to female employee
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According to reporting by the Wall Street Journal that was confirmed to AFP by a Microsoft spokesperson, in 2007, Gates, then a full-time employee and president of Microsoft, flirted with a female staffer by email and invited her to meet him outside of work.
The new version of the Q5 can be booked with a payment of Rs 2 lakh online through the company#39;s official website or at any of its dealerships, Audi India said in a statement.
Devyani International: Add taste to your portfolio
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Company has significantly strengthened its balance sheet through debt reduction, post the IPO in August 2021, and it is on track for a strong store expansion, going ahead.
Cash going to co-exist with central bank digital currency, says Subbarao
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Addressing an event virtually organised by economic think tank NCAER, Subbarao further said cybersecurity is also one of the downside risks of the Central Bank Digital Currency (CBDC).
Cash going to co-exist with central bank digital currency, says former RBI governor Subbarao
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Addressing an event virtually organised by economic think tank NCAER, Subbarao further said cybersecurity is also one of the downside risks of the Central Bank Digital Currency (CBDC).
In July, RBI net purchased $7.205 billion. It had bought $16.16 billion and sold $8.955 billion during the month. In August 2020, the central bank had net bought $5.307 billion from the spot market, the data showed.
ECB to test banks#39; resistance to climate risks next year
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ECB stress tests will gauge «how extreme weather events would affect banks» and how their business would be affected by a «sharp» rise in the price of carbon as a result of new environmental rules.
Volvo sets IPO for October 28, valuing it up to $23 billion
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The final IPO price is to be announced on October 27, as is a separate IPO from electric car manufacturer Polestar, a joint subsidiary of Volvo Cars and Geely.
The company#39;s consolidated net profit during the corresponding quarter of the previous fiscal stood at Rs 42.40 crore, Tata Coffee said in a BSE filing.
India presses Qatar for delayed LNG as power crisis mounts
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Asia#39;s third largest economy is suffering its worst power shortage since March 2016 due to a crippling coal shortage amid high global energy prices.
Edelweiss divests stake in insurance brokerage arm to Arthur Gallagher
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Edelweiss Group will focus on growing its life and non-life insurance businesses, which have been among the fastest-growing in the industry, the company said in a release.
India#39;s exports up 40.5% to $15.13 billion during October 1-14: Commerce Ministry
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India#39;s merchandise exports grew by 22.63 percent year-on-year to $33.79 billion in September on better performance by key sectors, even as the trade deficit widened to a record high of $22.59 billion.
Dollar resumes upward March on higher yields; yen falls again
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Investors have chosen to trade that theme by buying the greenback against its rivals while simultaneously dumping currencies of commodity importers like Japan.
DMart CEO Ignatius Noronha enters billionaire club
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Ignatius Noronha held 1,30,74,043 shares or about 2.02 percent stake in DMart as of September quarter after selling nearly 52,000 shares since June quarterly results.
OPPO India launches program to mentor startups in India
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Through a robust partnership, the Oppo Elevate Program will help young startups with the some very interesting ideas to enter a fast-growing ecosystem of innovation, a statement said.
HCL Tech launches early career programme in Vietnam; to onboard 2,600 students in 5 years
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Designed exclusively for high-school graduates, the TechBee programme prepares students technically and professionally for global IT careers in HCL Technologies, where candidates undergo an extensive 12-month training to become successful IT professionals an
Natural gas futures continue to fall after 3% drop last week, money managers cut net long positions
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The short-term trend for natural gas has turned weak as the price slipped below the 5 and 20 days moving averages and stochastic RSI, demonstrating overbought levels.
Vodafone Idea teams up with Larsen Toubro for trials of 5G-based smart city solutions
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Announcing the collaboration in a joint statement, the companies said the pilot project would be set up in Pune on government-allocated 5G spectrum to visualise and analyse smart city applications.
Ibis to invest over Rs 500 crore to add 685 keys across 4 hotels by FY24
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Ibis, which last week opened its 20th property in the country at Vikroli in Mumbai offering 249 keys making it the largest, operates 3,808 rooms across 20 properties in 13 cities â three of them in the megapolis alone â in the country.
