Apr 25, 2023, at 11:30 pm
Indian hyperlocal search engine Justdial signed a strategic partnership with Maharashtra Small Scale Industries Development Corporation Limited (MSSIDC) under the aegis of the Maharashtra government.
BSL Ltd commissions Rs 150 crore cotton spinning unit in Rajasthan's Bhilwara
Apr 25, 2023, at 03:17 am
Kolkata: Textile manufacturer BSL Ltd has recently launched its first Cotton Spinning Unit in Rajasthan's Bhilwara at an investment of Rs 150 crore.
Biswa Bangla to launch its first export venture in UK, collaborates with Heritage Bengal Global
Apr 22, 2023, at 03:56 am
Biswa Bangla, the flagship brand of Bengal under the aegis of the MSME &T (Micro, Small, and Medium Enterprises & Textiles) department of the West Bengal government has joined hands with Heritage Bengal Global (HBG), a non-profit organization run by the Bengali diaspora in the UK, to launch its first export venture nearly a decade after it was first launched.
IIFL Finance repays $400 million Maiden Dollar Bonds issue on maturity
Apr 22, 2023, at 03:47 am
Mumbai: Fairfax-backed Mumbai-based non-banking financial company (NBFC) IIFL Finance has fully repaid its maiden dollar bonds issue due April 2023 along with interest upon maturity, a press release said.
Power Finance Corp approves Rs 633 cr loan for 5000 passenger EVs and 1000 cargo EVs
Apr 21, 2023, at 11:20 pm
New Delhi/IBNS: Power Finance Corporation Ltd (PFC) has sanctioned a loan of Rs 633 crores to Gensol Engineering Ltd (GEL) for the purchase of 5000 passenger Electric Vehicles (EVs) and 1000 cargo EVs.
'#mPower Business Women Meet' hosted by U.S. Consulate Kolkata and Contact Base held in Guwahati
Apr 21, 2023, at 04:40 am
Guwahati/IBNS: The "mPowerBusinessWomen Meet" was held on April 17 at Assam Startup- the nest in Guwahati, in partnership with Assam Startup- IIM CIP.
Schneider Electric to set up new manufacturing facility in Kolkata at investment of Rs 140 cr
Apr 21, 2023, at 02:10 am
Kolkata/IBNS: Schneider Electric’s new factory is all set to come up in Kolkata’s Prospace Industrial Park Pvt Ltd at an investment of Rs 140 crore.
Consumption-led lending continues to catalyse credit market growth
Apr 21, 2023, at 01:13 am
Mumbai: Backed by consumption-led lending, growth momentum remains high in India’s credit market, according to the latest TransUnion CIBIL Credit Market Indicator (CMI) report.
CEO Tim Cook officially opens India's 2nd Apple store in Delhi's Saket amid cheers and applause
Apr 21, 2023, at 12:20 am
New Delhi/IBNS: Apple CEO Tim Cook welcomed customers to India's second Apple retail store in New Delhi’s Saket.
Musk calls for Lawsuit against Microsoft for illegally using Twitter data for AI training
Apr 20, 2023, at 10:10 pm
San Francisco: Twitter CEO Elon Musk said on Wednesday that Microsoft corporation illegally trained its artificial intelligence (AI) algorithm with Twitter user data, which calls for legal action.
India and Bangladesh agree on trade transactions in own currencies
Apr 20, 2023, at 08:33 pm
Dhaka/IBNS: To ease cross-country transactions and pressure on dollar holdings, India and Bangladesh have agreed to settle a part of bilateral trade transactions in their own currencies- rupee and taka respectively, according to a Bangladesh media report.
Demand for tech skills like ERP, Java full stack, data analytics rising: Report
Apr 20, 2023, at 04:46 am
Bengaluru: The demand for specific technology skills is consistently rising even across non-tech industries. ERP, Java Full Stack, Data Analytics, Cloud, and Infra Management have emerged as the top skills in demand, according to a report.
Apr 20, 2023, at 03:41 am
Gandhinagar: IndusInd Bank on Wednesday said that its GIFT City IBU branch has entered into a $100 million long-term loan agreement with the Japan Bank for International Cooperation (JBIC).
Mankind Pharma IPO to open on Apr 25
Apr 20, 2023, at 01:11 am
Mumbai/IBNS: Mankind Pharma Ltd will launch its initial public offering (IPO) of 40,058,844 equity shares on Tuesday, April 25, 2023, the company said on Wednesday.
RBL Bank launches unique digital fixed deposit scheme for new-to-bank customers
Apr 19, 2023, at 01:05 am
Mumbai/IBNS: RBL Bank Tuesday announced the launch of an innovative Digital Fixed Deposit (FD) scheme available to new-to-bank customers.
PayNearby partners with Rajeevika to onboard 10,000 women business correspondents in Rajasthan
Apr 18, 2023, at 11:38 pm
PayNearby, branchless banking and digital network company will onboard women Business Correspondents (BC-Sakhis) from Self Help Groups (SHG) in eight districts to offer banking services to various Gram Panchayats in Rajasthan.
Apr 18, 2023, at 09:02 pm
Mumbai/IBNS: NTPC, the largest power generating utility in India, and Chempolis India, a Fortum group associate Co and a leading Finnish Bio-Refining technology provider, have signed a non-binding Memorandum of Understanding to explore the feasibility of setting up a bamboo based Bio-Refinery in Bongaigaon in Assam.
Apple in India: Tim Cook inaugurates company's first retail store in Mumbai amid 'incredible energy'
Apr 18, 2023, at 08:30 pm
Mumbai/IBNS: Apple CEO Tim Cook on Tuesday inaugurated the company's first retail store in India in the financial capital Mumbai amid the firm's ambitious expansion plans in the South Asian nation.
Japan pledges to offer employment opportunities to Manipuri youths
Apr 18, 2023, at 02:57 pm
Imphal/IBNS: The Governments of Japan and the northeastern state of Manipur in India have come to an agreement to initiate new projects for the Manipuri youths.
IIT Guwahati collaborates with Tata Elxsi to foster EV Technologies
Apr 17, 2023, at 10:48 pm
Guwahati/IBNS: Indian Institute of Technology (IIT) Guwahati has recently signed a Memorandum of Understanding (MoU) with Tata Elxsi, a leading global technology services provider for the Automotive and Transportation industry, to jointly work on developing and commercialising state-of-the-art solutions for the Electric mobility market.
Volvo Car India records 38 percent growth in Q1 of 2023-2024
Apr 17, 2023, at 06:03 pm
Kolkata/IBNS: Volvo Car India has recorded an impressive 38 percent growth in the first quarter of 2023.
Apple continuously expanding biz ops in India, says Piyush Goyal
Apr 15, 2023, at 05:44 am
New Delhi: iPhone maker Apple is constantly increasing its presence in India, and the government is in regular contact with the company to facilitate the expansion, said Commerce and Industry Minister Piyush Goyal, media reported.
NTPC Green Energy IPO likely this fiscal: Report
Apr 15, 2023, at 05:15 am
New Delhi: NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC, plans to raise funds through an initial public offering (IPO) this financial year, a media report said citing a source.
Disinvestment process of RINL in progress: Steel ministry
Apr 15, 2023, at 03:55 am
New Delhi: There is no freeze on the disinvestment process of RINL, The Ministry of Steel clarified on Friday.
India, Japan, France announce launch of negotiations to restructure Sri Lanka's debt
Apr 15, 2023, at 02:05 am
Washington/IBNS: India, Japan, and France today announced the launch of the debt restructuring negotiation process for Sri Lanka.
Apr 15, 2023, at 01:27 am
New Delhi: India and Spain are looking forward to considerable progress in the ongoing India-EU FTA negotiations during the upcoming Spanish Presidency of the EU from July to December 2023.
Tata Motors to increase prices of its passenger vehicles, effective May 1
Apr 14, 2023, at 06:42 pm
Mumbai: Tata Motors, a vehicle manufacturer, on Friday announced that it will marginally increase price of its passenger vehicles from May 1, 2023. The weighted average increase will be 0.6%, depending on the variant and model.
Apr 14, 2023, at 03:17 pm
Mumbai: HDFC ERGO General Insurance Company has partnered with Meta Platforms for WhatsApp Business to launch a new feature allowing customers to renew their break-in motor insurance policies through WhatsApp without downloading an app.
Mutual Fund Industry March 2023 Net AUM at Rs 39,42,031 cr: AMFI
Apr 14, 2023, at 04:11 am
Mumbai: Mutual Fund Industry Net AUM stood at Rs 39,42,031 crores, while AAUM was Rs 40,04,638 crores in March 2023, showed AMFI Mutual Fund Industry data.
Apr 14, 2023, at 02:57 am
New Delhi: Air India has signed an agreement with KSU Aviation to launch TaxiBot operations at Delhi and Bengaluru airports for its Airbus A320 Family of aircraft.