Ola CEO Bhavish Aggarwal tore papers, punished employees: Report
Oct 20, 2022, at 12:22 am
Ola CEO Bhavish Aggarwal, who aims to be India's answer for ElonMusk with his cheap electric cars, has found himself in the midst of criticism, as a Bloomberg report said that many past and present employees have revealed his abrasive and unsparing behaviour which upset board members and managers.
Volvo XC40 Recharge: India’s first locally assembled luxury electric SUV car rolls out
Oct 20, 2022, at 12:12 am
Kolkata: Volvo Car India on Wednesday rolled out its first assembled in India luxury all-electric SUV XC40 Recharge from its Hoskote plant near Bengaluru.
Bank of India slashes home loan interest rates to 8.30 pct
Oct 19, 2022, at 10:48 pm
Mumbai: Bank of India’s Star Home Loan now comes with a best-in-class competitive interest rate starting at 8.30 percent per annum with most affordable EMI beginning at Rs.755 per lakh.
Oct 19, 2022, at 10:44 pm
Kolkata: Flipkart, India’s homegrown e-commerce marketplace, is leading the way in sustainability, a facet that has been recently recognised with the prestigious Indian Green Building Council’s (IGBC) certification awarded to Phase-I of its Haringhata Fulfillment Centre in West Bengal.
MG Motor upskills 10,000 chauffeurs through Saarthi Program
Oct 19, 2022, at 10:34 pm
Noida: MG Motor India meets the milestone of training 10,000 professionals under Saarthi program.
Awfis expands footprint in Kolkata; offers workspace solutions to large corporates
Oct 19, 2022, at 07:00 pm
Kolkata/IBNS: Awfis Space Solutions Pvt Ltd (Awfis), a tech-enabled workspace solutions platform from India, has leased over 0.1 million square feet of workspace in Kolkata to three large corporates in the last six months.
Gail to acquire debt-ridden JBF Petrochemicals as lenders approve transaction
Oct 19, 2022, at 02:44 am
New Delhi: India's leading gas trading, transmission, and petrochemicals company Gail Ltd has received the letter of intent from lenders, paving the way for the public sector firm to acquire the debt-ridden JBF Petrochemicals through the insolvency route, media reports said.
Cabinet approves Minimum Support Prices for all Rabi Crops for Marketing Season 2023-24
Oct 18, 2022, at 11:44 pm
New Delhi: The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved the increase in the Minimum Support Prices (MSP) for all mandated Rabi Crops for Marketing Season 2023-24.
UIDAI tops the Grievance Redressal Index for the second consecutive month
Oct 18, 2022, at 11:00 pm
New Delhi: The Unique Identification Authority of India (UIDAI) has once again topped amongst all Group A Ministries, Departments and Autonomous Bodies for resolving public grievances in the rankings report published by Department of Administrative Reforms and Public Grievances (DARPG) for the month of September 2022.
Mahindra Finance & India Post Payments Bank join hands to boost credit access to customers
Oct 18, 2022, at 10:54 pm
New Delhi: Mahindra & Mahindra Financial Services Limited, (MMFSL), part of the Mahindra Group, and one of India’s leading Non-Banking Finance Company, today announced a strategic partnership with India Post Payments Bank (IPPB) to further enhance credit access to a larger customer base.
Tata Motors to provide eco-friendly public transport solutions to Jammu & Kashmir’s smart cities
Oct 18, 2022, at 10:05 pm
Jammu: Tata Motors, India’s largest commercial vehicle manufacturer, on Tuesday announced that it has won the tender of 200 electric buses, floated by Jammu Smart City Limited, for Jammu and Srinagar.
SBI increases saving bank interest rates by 0.30 percent for deposits of Rs. 10 Crore and above
Oct 18, 2022, at 09:41 pm
New Delhi: State Bank of India, the largest bank in the country, has announced that it has increased the interest rates on saving bank deposits by 0.30% (30 bps) for the balance Rs. 10 crore and above.
Odisha offers best incentive for investors: Naveen Patnaik
Oct 18, 2022, at 06:01 pm
Hyderabad/IBNS: Inviting investors from Telangana and Andhra Pradesh, Odisha Chief Minister Naveen Patnaik said on Monday evening that his government would provide ‘best incentive’ in the country.
'If you’re not seeing growth, switch to a survival mindset': Suniel Shetty on BYJU's layoff plans
Oct 18, 2022, at 05:35 am
Mumbai/IBNS: Actor-producer-businessman Suniel Shetty has expressed his opinion over Edtech giant BYJU's decision to lay off 2,500 employees from several departments in order to cut expenses amid increasing losses.
Indian Market: Sensex advanced 491.01 pts
Oct 17, 2022, at 10:46 pm
Mumbai: The BSE Sensex on Monday rallied further by 491.01 points at 58,410.98 on renewed buying in Utilities, Power, Bankex and Financial services stocks.
Indian Railways earned over Rs 2500 Crore through scrap sale till September
Oct 17, 2022, at 09:34 pm
Indian Railways has registered remarkable scrap sale in first six months of this Financial Year 2022-22.
Reliance Jio signs multi-year deal with Nokia for 5G hardware supply
Oct 17, 2022, at 09:28 pm
New Delhi: Nokia on Monday said that it has won a multi-year deal with Reliance Jio to supply 5G Radio Access Network (RAN) equipment.
Oct 17, 2022, at 09:20 pm
Srinagar: Relishing home grown Kiwi fruit is no longer a dream for Kashmiri people now as a farmer in Apple township of Sopore in north Kashmir’s Baramulla district has grown his own Kiwi orchard and is expecting the first bumper crop of the season this year.
Oct 16, 2022, at 08:02 pm
Mumbai: The Ministry of Road Transports and Highways is planning to take over the State Highways with high traffic density from the state governments for a period of 25 years and convert them into 4 or 6-lane highways, Union Minister Nitin Gadkari said Saturday.
Adani Enterprises acquires 100 pc stake in Kolkata-based SIBIA Analytics
Oct 16, 2022, at 05:59 pm
Mumbai: Adani Enterprises Limited (AEL) has signed a binding term sheet for the acquisition of a 100 percent stake in SIBIA Analytics and Consulting Services Private Limited, the company said in a filing to stock exchanges on Saturday (Oct 15).
Oct 16, 2022, at 04:57 pm
Government is likely to include seven sectors, including bicycle, leather, toys and container, in the next round of Rs 35,000 crore production-linked incentives (PLI) scheme, media reports said.
Upcoming Dry Port at Samba will pace up Industrial growth in J&K: Union minister Shantanu Thakur
Oct 16, 2022, at 02:59 am
Jammu: The upcoming Dry Port at Samba will push industrial growth in Jammu and Kashmir, Union Minister of State for Ports, Shipping and Waterways Shantanu Thakur said on Saturday.
Indian economy will stay on course and is projected to grow at 7% in FY 2022-23: Nirmala Sitharaman
Oct 15, 2022, at 08:31 pm
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman attended the Plenary Meeting of the International Monetary and Financial Committee (IMFC) at the International Monetary Fund Headquarters during the Annual Meetings 2022 in Washington DC, on Saturday when she said the country's economy is projected to grow 7 percent in FY 2022-23.
India’s overall exports in Sept estimated to be USD 61.10 bn
Oct 15, 2022, at 06:09 am
New Delhi: India’s overall exports in September 2022 are estimated to be USD 61.10 Billion, registering a growth of 10.24 percent over the same period last year, data released by the Ministry of Commerce and Industry said on Friday.
Federal Bank reports record Net Profit of Rs 704 cr in Q2FY23, up 53 pc YoY
Oct 15, 2022, at 05:56 am
Private sector lender Federal Bank Friday announced a net profit of Rs 704 crore, its highest ever, in the quarter ended September 30, 2022, up 52.89 percent year-on-year (YoY) over Rs. 460.26 crore during the corresponding quarter of the previous year.
ZEE Entertainment shareholders approve merger with Sony Pictures Networks
Oct 15, 2022, at 05:32 am
New Delhi: ZEE Entertainment Enterprises Ltd (ZEEL) on Friday said that its shareholders have given the green signal to the proposed merger of ZEEL and Bangla Entertainment Pvt Ltd with and into Culver Max Entertainment Pvt Ltd (formerly Sony Pictures Networks India).
'Don't support dual employment, we have let go of moonlighters': Infosys CEO Salil Parekh
Oct 15, 2022, at 04:19 am
India's second-largest IT services company Infosys said Thursday that it doesn't allow moonlighting and fired several employees for dual employment over the past 12 months, according to media reports.
Need Urgent Cash? You Could Consider Taking a Small Personal Loan
Oct 15, 2022, at 03:37 am
There will be times in life when you may be in need of some cash or additional funds on an urgent basis. For instance, there may be a medical emergency at home. Alternatively, your home or your vehicle could be in need of some major repairs, the cost of which could run into Lakhs of rupees. During such times, you may be forced to break into your savings or investments and meet these emergency cash requirements.
India's monthly mobile phone exports cross record $1 billion in Sept: Report
Oct 15, 2022, at 01:13 am
India's monthly export of mobile phones crossed the $1 billion threshold (more than Rs 8,200 crore), for the first time ever, reported The Economic Times.
Maruti Suzuki introduces latest S-Presso S-CNG variant at Rs.5.9 lakh
Oct 15, 2022, at 12:15 am
New DelHI/IBNS: Maruti Suzuki on Friday launched the new S-CNG variant of hatchback S-Presso.