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Economy
LIC IPO Day 2: Issue subscribed 1.02 times, policyholders’ quota over 3 times
New Delhi : The initial public offering of insurance major Life Insurance Corporation of India has been subscribed 1.02 times on second day of the issue.
It received bids for 16.48 crore equity shares against offer size of 16.2 crore!-->…
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New renewable energy capacity addition doubled during FY2022: CEEW-CEF report
New Delhi : New capacity addition of non-hydro renewable energy increased to 15.5 GW during FY22, compared to just 7.7 GW installed in the preceding fiscal year, according to the latest edition of the CEEW Centre for Energy Finance!-->…
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UK economy to shrink in 2023, warns Bank of England
London : The Bank of England's latest forecasts show that there is a serious risk of the UK falling into recession, as it hikes interest rates in an attempt to tackle inflation, The Guardian reported.
The latest forecasts imply that UK's!-->…
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CBI nabs NCLT’s interim resolution professional, 2 others in graft case
Mumbai : The Central Bureau of Investigation (CBI) has arrested an interim resolution professional (IRP) of the National Company Law Tribunal (NCLT), Mumbai, and two others including a jeweller in a bribe case of Rs 2 lakh, here on!-->…
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India’ own semiconductor consumption to cross $80 bn by 2026
New Delhi : In this technologically connected world, semiconductors play a pivotal role. To give a boost to this particular sector, India recently hosted a big conference. Indian Prime Minister Narendra Modi said India's own consumption!-->…
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Garuda Aerospace to export 12K drones, L1 bidder in RITES
Chennai : Drone manufacturer and drone-as-a-service provider Garuda Aerospace will ship out about 4,000 drones to African countries and is also the lowest bidder in the RITES Ltd's tender for LiDAR based survey, said a top company!-->…
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TECHART, the global premium brand for personalising Porsche models forays into Indian market
Bengaluru: TECHART, the leading international premium refinement brand for all Porsche vehicles has forayed into the India market with an exclusive flagship store in Bangalore Thursday.
Driven by the highest demands on design!-->…
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NTT Ltd launches 2nd hyperscale data centre campus in India
Mumbai: Global technology services company NTT Ltd on Thursday launched its second hyperscale data centre campus in India, as part of its $2 billion investment plan for scaling infrastructure capacity in the country.
Spread across!-->…
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Explained: Top 4 myths every CIO should be aware of in their journey to the cloud
New Delhi: An increasing number of CIOs now recognise the importance of the cloud and the benefits that cloud migration can bring to their organisations.
Despite this, several common misconceptions exist in the minds of customers --!-->…
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LIC once listed would result into increased transparency: Moody’s
New Delhi: As a listed company, LIC will face more demanding disclosure requirements, resulting in increased transparency over its operations, and encouraging it to prioritize profitable underwriting and risk management, Moody's Investor!-->…
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