ICICI loan fraud: Chanda Kochhar, her husband to walk free on bail, Bombay HC says arrest is illegal
Jan 09, 2023, at 05:17 pm
Mumbai/IBNS: In a major reprieve for arrested former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar, the Bombay High Court Monday granted bail to the duo holding that their arrest by the CBI in the Videocon loan fraud case was not in accordance with law, media reports said.
Jammu and Kashmir: Rs 42 crore project set to revolutionize mushroom cultivation in UT
Jan 08, 2023, at 11:30 pm
Srinagar: The Jammu and Kashmir government is implementing ‘Promotion of Round the Year Mushroom Cultivation’ (PRYMC) project across the UT which is expected to prosper the lives of farmers.
ADB approves $300 million loan to improve roads, regional trade in Assam
Jan 08, 2023, at 10:54 pm
Manila: The Asian Development Bank (ADB) recently approved a $300 million loan to upgrade more than 300 kilometers of state highways and major district roads in Assam, including six road sections in the state’s western, central, and southern regions.
Manipur: More than 51,000 Kgs of fish sold at Emoinu Fish Festival
Jan 07, 2023, at 11:57 pm
Imphal: The first Emoinu Fish Festival, 2023 organized by the Department of Fishery at Hapta Kangjeibung on the day of Emoinu Festival witnessed the sale of 51,362 Kgs of different species of fish, media reports said.
RBI details auction of India's maiden Sovereign Green Bonds worth Rs 16,000 cr
Jan 07, 2023, at 04:59 am
Mumbai/IBNS: The Reserve Bank of India on Friday notified indicative dates for India's first-ever sales of Sovereign Green Bonds (SGrB) worth Rs 16,000 in two equal tranches on January 25 and February 9 of the current financial year.
India's GDP to grow at 7 pc in FY23: First Advance Estimates of National Income
Jan 07, 2023, at 03:44 am
New Delhi/IBNS: India's GDP is likely to grow at 7 percent in the current financial year 2022-23, according to the first advance estimates released by the government Friday evening.
Video streaming company Vimeo to cut staff by 11 pc due to 'uncertain economic environment'
Jan 07, 2023, at 02:59 am
New York/IBNS: Video hosting company Vimeo will lay off 11 percent of its employees amid “an uncertain economic environment” to invest in our growth priorities and be sustainably profitable, the company’s CEO Anjali Sud said in a blog post.
Airtel 5G Plus now live in 4 cities of Haryana
Jan 06, 2023, at 11:41 pm
Hissar: Telecommunication major Bharti Airtel on Friday announced the launch of its cutting edge 5G services in Hissar and Rohtak.
Celebi India gears up to provide ground services at Manohar International Airport, Goa
Jan 06, 2023, at 05:16 pm
Goa/IBNS: Celebi India commenced ground-handling services in Goa with the opening of Manohar International Airport (MIA) at Mopa.
$1-billion tax imposed on retail giant Walmart for PhonePe relocation to India: Report
Jan 05, 2023, at 05:55 am
New Delhi: The Indian government has imposed a tax of $ 1 billion on Walmart and digital payments company PhonePe for shifting the latter’s base to India from Singapore, Bloomberg reported.
Hindustan Copper signs MoU with IIT (ISM), Dhanbad for technical collaboration
Jan 05, 2023, at 04:28 am
Kolkata/IBNS: Hindustan Copper Limited and the Indian Institute of Technology (Indian School of Mines), Dhanbad signed a Memorandum of Understanding (MoU) for collaborative and sponsored research projects in Kolkata.
Govt approves Rs 19,000 cr National Green Hydrogen Mission
Jan 05, 2023, at 02:27 am
New Delhi/IBNS: The Union Cabinet Wednesday approved the National Green Hydrogen Mission with an initial outlay of Rs 19,744 crore to boost green hydrogen production capacity in the country to at least 5 MMT (Million Metric Tonne) per annum by 2030.
Android abuse: Big setback for Google as NCLAT refuses interim stay on CCI order
Jan 05, 2023, at 01:40 am
New Delhi: The National Company Appellate Tribunal (NCLAT) rejected Google’s plea seeking an interim stay on CCI’s order directing the US-based tech giant to change its business model in India, media reports said.
Reliance Retail acquires 50 pc stake in Gujarat-based Sosyo Hajoori Beverages
Jan 05, 2023, at 12:47 am
MumbaiIBNS: Reliance Consumer Products (RCP), the FMCG arm of Reliance Retail Ventures (RRV), Tuesday said that it will acquire a 50 percent stake in Gujarat-based Sosyo Hajoori Beverages, the owner of soft drink brand Sosyo.
ICICI Bank launches digital solutions for exporters
Jan 04, 2023, at 10:57 pm
New Delhi: ICICI Bank on Wednesday announced the launch of digital solutions for exporters, a comprehensive set of banking and value-added services on a single platform.
Coal output touches 607.97 MT during Apr-Dec 2022
Jan 04, 2023, at 04:50 pm
New Delhi/IBNS: India’s coal production increased by 16.39 percent to 607.97 MT during Apr-Dec’22 as compared to 522.34 MT produced during the same period of FY 22, the Ministry of Coal said Tuesday.
Interest on General Provident Fund remains unchanged at 7.1 pc
Jan 04, 2023, at 04:47 pm
New Delhi: The government has not altered the interest rate on General Provident Fund (GPF) and will remain effective till at least March 31, 2023, media reports said.
Google accuses CCI of copy-pasting European Commission's order on abusing Android dominance: Report
Jan 04, 2023, at 03:20 am
New Delhi/IBNS: Google has accused the Competition Commission of India (CCI) of copying parts of a European ruling against the U.S. firm for abusing the market dominance of its Android operating system, Reuters reported.
Suhail Sameer resigns as BharatPe CEO
Jan 04, 2023, at 01:44 am
New Delhi: BharatPe CEO Suhail Sameer has stepped down from his post and will work as the strategic adviser to the company.
Mahindra’s Farm equipment sector sells 21,640 units in India during December
Jan 03, 2023, at 11:25 pm
Mumbai: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, on Tuesday announced its tractor sales numbers for December 2022.
NTPC starts India’s first green hydrogen blending operation in PNG network
Jan 03, 2023, at 11:22 pm
New Delhi: Country’s largest power generator, NTPC Ltd commissions India's first green hydrogen blending project.
Ducati announces 9 new motorcycles and 2 new showrooms for India in 2023
Jan 03, 2023, at 11:19 pm
New Delhi: Luxury motorcycle brand Ducati on Tuesday announced 9 new motorcycles and 2 new showrooms for India in 2023.
Yes Bank partners with Microsoft to transform mobile banking experience
Jan 03, 2023, at 11:06 pm
New Delhi: Yes Bank announced that it has partnered with Microsoft to bring forth a next generation mobile application (app) with a view to provide customers with a personalised banking experience.
WardWizard sells more than 43k units of electric two-wheelers in CY 2022
Jan 03, 2023, at 10:59 pm
Mumbai: Keeping up with its growth momentum, WardWizard, a leading manufacturer of electric two-wheeler brand ‘Joy e-bike, zooms into the new year with a 131.6% hike in sales in CY 2022 (Jan –Dec 2022).
Bandhan Bank unveils its brand campaign
Jan 03, 2023, at 10:56 pm
Mumbai: Bandhan Bank, one of the fastest-growing banks in the country, on Tuesday launched its integrated marketing campaign featuring the Bank’s brand ambassador Sourav Ganguly.
Zomato co-founder Gunjan Patidar quits
Jan 03, 2023, at 09:21 pm
Bengaluru: Online food delivery platform Zomato Limited on Monday said its Co-Founder and Chief Technology Officer Gunjan Patidar has resigned from the post.
Jan 03, 2023, at 03:39 am
Kolkata/IBNS: Microsoft Monday announced that over 100,000 developers participated in the Future Ready Champions of Code program to receive Microsoft certifications.
Volkswagen India registers a 58 pct annual growth in its sales performance in 2022
Jan 02, 2023, at 11:48 pm
Mumbai: Volkswagen Passenger Cars India has registered a strong annual sales performance with a growth of 58% in 2022 (vs. 2021).
Jammu and Kashmir undergoing revolution in vegetable sector
Jan 02, 2023, at 11:46 pm
Srinagar: A change is taking place in Jammu and Kashmir's vegetable sector through precision farming intervention which will double the gross output of vegetables from Rs 3982.50 Cr to Rs 8021.25 crore per year, media reports said on Monday.
Assam employment: More than 400 women from Puthimari generate Rs 25 lakh income from farming
Jan 02, 2023, at 10:28 pm
Tezpur: More than 400 women in Assam's Puthimari area are generating Rs 25 lakhs turnover in a single year by practising agricultural activities in nearly 1000 bighas of farm land.