Singapore Airlines firms up order for seven Airbus A350F freight aircraft
Feb 17, 2022, at 03:04 am
Singapore Airlines (SIA) has firmed up an order for seven Airbus A350F freighters, with options for five more aircraft, the company said in a statement.
JSL and ISM Dhanbad ink MoU for joint R&D projects
Feb 17, 2022, at 02:28 am
Jajpur: Jindal Stainless Limited (JSL) and Indian Institute of Technology (ISM) Dhanbad today signed an MoU to jointly carry out research and development on various projects.
PNB MetLife launches Guaranteed Goal Plan
Feb 17, 2022, at 02:05 am
New Delhi: With an aim to assist customers using need-based products & solutions, PNB MetLife has launched their PNB MetLife Guaranteed Goal Plan, a savings-oriented life insurance plan that offers guaranteed returns and allows for customization to customers’ savings schedules.
Fisdom partners with Bank of Maharashtra to offer Wealth Management services
Feb 17, 2022, at 02:01 am
New Delhi: Fisdom, India’s leading wealth-tech company has joined hands with Bank of Maharashtra (BoM), to offer a comprehensive suite of wealth management products and services to over 29 million customers of the bank.
Jaguar Land Rover announces partnership with NVidia
Feb 17, 2022, at 01:56 am
Gaydon, UK/Santa Clara, CA: Jaguar Land Rover has formed a multi-year strategic partnership with NVidia, the leader in artificial intelligence (AI) and computing, to jointly develop and deliver next-generation automated driving systems plus AI-enabled services and experiences for its customers.
TCS iON partners with NTTF to launch industry-led skilling programs
Feb 17, 2022, at 01:18 am
Mumbai: TCS iON, a strategic unit of Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) and vocational education and training institute Nettur Technical Training Foundation (NTTF) have launched high-demand skill development programs across sectors, in the areas of robotics, automation, manufacturing, and electronics, in a unique phygital model, developed by the former.
Reliance Jio and SES JV to offer satellite-based broadband service
Feb 16, 2022, at 10:40 pm
Mumbai: Reliance Industries-owned Jio Platforms Ltd and SES have announced a joint venture – Jio Space Technology Limited – to deliver satellite-based broadband services. SES is a satellite-based content connectivity solutions provider.
MG Motor India launches an Industry-First futuristic car exploration platform: MG eXpert
Feb 16, 2022, at 09:17 pm
Gurugram: MG Motor India on Wednesday announced the launch of MG eXpert, an industry-first product exploration experience.
New Zealand bicycle brand Avanti is now in India
Feb 16, 2022, at 08:35 pm
Mumbai: Scott Sports India, a legendary bicycle brand, introduces 'Avanti', which is set to be a household name in India.
Feb 16, 2022, at 08:06 pm
Fashion retail major Aditya Birla Fashion and Retail (ABFRL) is looking to acquire 10 digitally native or direct-to-consumer (D2C) brands over the course of the next 12-14 months and simultaneously launch five-six such brands in-house as it tries to grab a share of the rapidly-growing D2C segment, Moneycontrol reported.
Assam Golden Pearl tea sold at Rs 99,999 per kg at GTAC
Feb 16, 2022, at 03:44 pm
Guwahati: After the ‘Manohari Gold Tea’, another line of golden pearl, a speciality tea of Assam, was sold at a record price of Rs 99,999 per kilogram at Guwahati Tea Auction Centre (GTAC).
SEBI changes requirement for separation of chairperson and MD, CEO roles voluntary
Feb 16, 2022, at 08:03 am
Mumbai/IBNS: It will be no longer mandatory for listed companies to separate posts of chairperson and managing director (MD) or chief executive officer (CEO), market regulator Securities and Exchange Board of India (SEBI) on Tuesday decided in a meeting.
Tata Group appoints former chairman of Turkish Airlines Ilker Ayci as CEO of Air India
Feb 16, 2022, at 07:22 am
Mumbai/IBNS: The Tata Group has appointed former chairman of Turkish Airlines Ilker Ayci as Air India's new CEO and MD, the conglomerate announced Tuesday.
RBI extends time for implementation of guidelines for upgrading NPA accounts
Feb 16, 2022, at 06:44 am
The Reserve Bank of India (RBI) extended the time to implement the stricter prudential norms applicable on all lenders to September 2022 in connection with the guidelines regarding upgrading an NPA account as standard but upon clearing all dues.
ABG Shipyard Case: CBI issues lookout notice for directors
Feb 16, 2022, at 04:23 am
The Central Bureau of Investigation (CBI) issued lookout notices against Rishi Agarwal and other directors of ABG Shipyard in connection with the Rs 23,000-crore bank fraud case so that they are not able to leave the country while the case is investigated, media reports said.
India’s exports increase by 36.76 pc YoY in Jan
Feb 16, 2022, at 02:17 am
New Delhi/IBNS: India’s overall exports (Merchandise and Services combined) in January 2022 are estimated to be $ 61.41 billion, exhibiting a positive growth of 36.76 percent over the same period last year and a positive growth of 38.90 percent over January 2020.
Unacademy signs MoU with Himachal Pradesh govt to empower aspirants for competitive exams
Feb 16, 2022, at 01:21 am
Kolkata/IBNS: Unacademy today entered into a Memorandum of Understanding (MoU) with the Govt of Himachal Pradesh to identify and empower meritorious students from the state to prepare for competitive exams. The pilot under the MoU will be conducted in Hamirpur district.
Feb 16, 2022, at 12:20 am
New Delhi: Life Insurance Corporation of India (LIC), the market leading insurer and financial conglomerate, has mentioned that every policyholder shall have to ensure that his / her PAN details are updated in the policy records of the Corporation on or before Feb 28 in order to be considered an Eligible Policyholder for application in the forthcoming Public Issue.
Kotak introduces new mother benefit policy for its ‘Wonder Women’
Feb 15, 2022, at 11:34 pm
Kolkata: In an initiative to support the commitment of working women, Kotak Mahindra Bank Limited (“KMBL” /”Bank”) on Tuesday announced a New Mother Benefit policy, that will offer financial support to new mothers for a period of one year after return to work, to help them set up a reliable support system for newborn and mother herself.
Feb 15, 2022, at 11:23 pm
Kolkata: Manufacturer of small commercial vehicles Piaggio Vehicles Pvt Ltd (PVPL) entered West Bengal market with its first three-wheeler EV experience centre, Essem Tekno Services Pvt. Ltd. in Kolkata.
SpiceJet's Q3FY22 profit at Rs 42.45 crore after reporting loss for seven consecutive qtrs
Feb 15, 2022, at 11:01 pm
Mumbai/IBNS: Budget carrier SpiceJet Ltd on Tuesday reported a profit for the Q3FY22 after suffering losses for seven continuous quarters, riding on increase in fliers and higher yields. The airline recorded a consolidated net profit of Rs 42.45 crore in the December quarter compared to a loss of Rs 66.78 crore in the same quarter previous year.
Retail inflation touches 6.01 pct in January highest in six months
Feb 15, 2022, at 12:04 am
New Delhi: India's retail inflation spiked to 6.01 per cent in January, the highest figure in six months, as per data released by the Indian government on Monday.
Ilker Ayci appointed as CEO, MD of Air India: Tata Sons
Feb 14, 2022, at 11:12 pm
New Delhi: Tata Sons on Monday announced the appointment of Ilker Ayci as the CEO & MD of Air India.
IL&FS group to clear Rs 55,000 cr debt by March
Feb 14, 2022, at 06:47 am
IL&FS group would clear debt of Rs 55,000 crore by March 2022, the board of the cash-strapped company has stated in its affidavit filed before the National Company Law Appellate Tribunal (NCLAT).
5G spectrum auction likely by May: Report
Feb 14, 2022, at 05:36 am
New Delhi/IBNS: The 5G spectrum auction may finally take place in May if the Telecom Regulatory Authority of India (Trai) submits its recommendations on the rules for the sales process, according to media reports.
Ratan Tata takes delivery custom-made electric Nano built by Electra EV
Feb 14, 2022, at 03:58 am
Tata Group Chairman Emeritus Ratan Tata is a proud owner of a custom-built 72V Nano EV, manufactured by Electra EV, a company founded by him for powertrain solutions to automakers.
LIC files DRHP with market regulator SEBI, Indian govt to sell 5 pc stake
Feb 14, 2022, at 02:19 am
New Delhi/UNI: Public sector insurance behemoth Life Insurance Corporation (LIC) on Sunday filed the draft red herring prospectus (DRHP) with market regulator SEBI, setting the stage for a mega initial public offering (IPO).
HGS logs two-fold jump in Q3 PAT
Feb 13, 2022, at 11:49 pm
Mumbai/UNI: Hinduja Global Solutions (HGS) reported a nearly two-fold rise in consolidated net profit for the quarter which ended on December 31, 2021 at Rs 163.75 crore on the back of higher revenues, a statement said on Sunday.
MOIL Q3FY22 net profit jumps 141 pc to Rs 124 cr
Feb 13, 2022, at 11:38 pm
New Delhi/IBNS: State-run the Manganese Ore (India) Limited (MOIL) reported a net profit of Rs 123.88 crores for Q3FY22, up 141.11 percent against Rs 51.38 crore during the same quarter last year.
268 SEZs are operational in the country: Centre
Feb 13, 2022, at 10:09 pm
New Delhi/IBNS: As of date, 376 SEZs are notified and 268 SEZs are operational in the country, according to the Ministry of Commerce and Industries.