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Economy
World Economic Forum: India participates with record delegation
New Delhi: To mark its presence robustly at the just-concluded World Economic Forums (WEF) annual meeting this year, India had sent a record delegation this year led by Indian Commerce and Industry Minister Piyush Goyal.
The meeting!-->…
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ITC Infotech, PTC create one of the industry’s largest organisations of Windchill services…
New Delhi/Boston: ITC Infotech and PTC have announced the closing of the transaction contemplated between the parties under the Strategic Partner Agreement announced in April.
The transaction is designed to accelerate customer digital!-->…
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India’s real GDP growth for FY23 seen at 7.5%, says SBI Research
New Delhi: India's real gross domestic product (GDP) in FY23 is expected to be at 7.5 per cent, said SBI Research in a report.
"Given the high inflation and the subsequent upcoming rate hikes, we believe that real GDP will incrementally!-->…
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Puducherry electricity employees on hunger strike from June 8 against privatisation
Puducherry: Engineers and employees of Puducherry electricity department will intensify their fight against privatisation of the power department with a hunger strike from June 8 onwards.
The protesting employees said that the strike!-->…
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Lenders in principle agree to proposed ‘One Time Settlement’ of subsidiary: Religare…
New Delhi : Religare Enterprises, one of India's leading diversified financial service groups, in continuation to its earlier announcements relating to the revival plan of its wholly-owned subsidiary Religare Finvest, has announced that!-->…
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Reliance Brands to buy 40% in toymaker Plastic Legno SPA, signs JV
New Delhi : Reliance Brands and Plastic Legno SPA have signed a joint venture arrangement through which the former will acquire a 40 per cent stake in the latter's toy manufacturing business in India.
This investment by Reliance Brands!-->…
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Vedanta commissions largest lithium-ion battery powered fleet of 27 forklifts
New Delhi : India's largest producer of aluminium Vedanta Aluminium has commissioned India's largest electric fleet of 27 forklifts, powered by lithium-ion batteries.
Done in partnership with Gemini Equipment and Rentals India, this feat!-->…
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Cabinet allows procurement by ‘Cooperatives’ as buyers on GeM
New Delhi : The Union Cabinet on Wednesday approved expanding the mandate of Government e-Marketplace (GeM) to allow procurement by Cooperatives as buyers on the portal.
The decision was taken at a meeting of the union cabinet chaired by!-->…
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Indices settle marginally low; Nifty IT, pharma, realty top losers
New Delhi : Domestic equity benchmark indices traded in the red for the second straight day and settled marginally lower on Wednesday, led by losses in Nifty IT, pharma, and realty stocks.
Sensex closed at 55,381 points, down 185 points!-->…
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Binance Labs announces $500 mn fund for Blockchain, Web3.0 startups
New Delhi : As venture capital (VC) funds squeeze the flow of money to traditional startups and invest in emerging tech like Web3.0, Binance Labs, the venture capital and incubation arm of leading cryptocurrency exchange Binance, on!-->…
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