Latest News
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Business
Crompton Greaves Consumer Electricals to raise Rs 925 cr via NCDs
June 13, 2022Crompton Greaves Consumer Electricals Ltd on Monday said it plans to raise long-term funds up to...
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Business
Rustomjee group firm Keystone Realtors files Rs 850-cr IPO papers
June 13, 2022Rustomjee group company Keystone Realtors has filed preliminary papers with Sebi to raise Rs 850 crore...
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Funding News
Queuebuster raises Rs 63 cr from Chiratae, Omidyar
June 13, 2022Queuebuster, a mobile point of sale application targeted at merchants, on Monday announced a Rs 63.3...
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Funding News
Marwari Catalysts’ Portfolio Startup, Unwind Mind, Raises Rs. 2 Cr. at a Valuation of Rs. 15 Cr.
June 13, 2022Unwind Mind announces the closing of its pre-seed funding round, wherein it raises Rs. 2 Cr....
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Business
S Africa keen to engage with India Business Forum to extend bilateral cooperation: Minister
June 13, 2022South Africa is more than ready to engage with the CII India Business Forum (IBF) and...
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Business
Unfortunately, WTO could not respond with alacrity to control COVID-19 pandemic: Goyal
June 13, 2022India ramped up its supplies of medical products to different countries to deal with the COVID-19...
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Business
Tencent buys stake worth USD 264 mn in Flipkart from Binny Bansal
June 13, 2022Chinese technology conglomerate Tencent has bought stake worth USD 264 million (about Rs 2,060 crore) in...
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Startups
Unicorns to take on lease 8.1 mn sq ft office space in 2022-24 to support growth: Report
June 10, 2022Startups with a valuation of USD 1 billion or more, also called unicorns, are likely to...
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GDP
Fitch betters India’s rating outlook to stable on ‘solid’ medium-term growth prospects
June 10, 2022Fitch Ratings on Friday upped the outlook on India’s sovereign rating to ‘stable’ from ‘negative’ after...
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Fintech
MSME Super-app, HostBooks raises $3Million Funding from Razorpay
June 10, 2022Micro, Small and Medium Enterprise (MSME)-focused fintech start-up HostBooks today announced that it has raised 3...
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Startups
Maha to launch Rs 200 cr fund to invest in women-led, deep tech startups
June 10, 2022Maharashtra will launch a Rs 200-crore fund to invest in deep tech startups from the state,...
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Business
Duty on solar modules, cells to continue; don’t want imports: Power Minister
June 10, 2022There are “no plans” to review the basic customs duty (BCD) levied on solar modules and...
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Business
IMF says it is concerned by food, fertilizer export restrictions; welcomes India’s decision to relax ban on wheat exports
June 10, 2022The IMF has said that it is concerned by the use of food and fertilizer export...
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Fintech
Shriram Transport Finance raises USD 250 mn long-term funding from DFC
June 10, 2022Shriram Transport Finance Company (STFC) on Thursday said it has secured long-term funding of USD 250...
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Funding News
Pepper Content raises USD 14.3 mn in Series A funding
June 9, 2022Global full-stack content platform Pepper Content on Thursday said it has raised USD 14.3 million (Rs...
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Funding News
Way2news raises USD 16.75 mn in Series-A funding
June 9, 2022Way2News, a city-based vernacular short news app has raised USD 16.75 million as part of its...
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Banking
RBI to soon come out with regulatory architecture on digital lending platforms
June 9, 2022The Reserve Bank of India will soon come out with regulatory architecture for digital lending platforms,...
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Cryptocurrency
Crypto currencies yet to pass test of fiat currency: CEA
June 9, 2022Sounding a note of caution, Chief Economic Adviser V Anantha Nageswaran said on Thursday that the...
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Business
Hyphen raises USD 1 mn from investors to expand business
June 9, 2022Co-living operator Hyphen on Thursday said it has raised USD 1 million (around Rs 8 crore)...
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Funding News
FreshR raises USD 1.2 million in new funding round
June 9, 2022Fish and meat distribution startup FreshR has raised USD 1.2 million (Rs 9.33 crore) in a...
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Telecom
No biz case for 5G roll-out if concerns on private captive networks not addressed: Telcos’ body
June 9, 2022Industry body COAI has warned that there will be no business case for roll-out of 5G...
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Business
Buy now, pay later: Apple will now lend you money to keep you spending and expand its empire
June 9, 2022Apple has joined the thriving buy now, pay later industry, with a customised service called Apple...
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Technology
NHIDCL and IIT-Roorkee tie up for sharing technology, innovation
June 9, 2022The National Highways Infrastructure Development Corporation Limited (NHIDCL) and IIT-Roorkee have signed an agreement for sharing...
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Business
IMF MD names Krishna Srinivasan as head Asia-Pacific dept
June 9, 2022Indian economist Krishna Srinivasan has been appointed as the Director of the Asia and Pacific Department...
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Fintech
Indian fintech market expected to reach USD 150 bn in valuation by 2025: MoS Finance
June 9, 2022The growth in Indian fintech startups has been exponential and the market is expected to reach...
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Business
EMIs to rise as RBI hikes repo rate, signals more increase
June 8, 2022Home, auto and other loan EMIs will rise after the Reserve Bank of India (RBI) on...
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Business
Cabinet nod for India-UAE pact on industrial cooperation
June 8, 2022The government on Wednesday approved a proposal for signing a bilateral Memorandum of Understanding (MoU) between...
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Technology
TCS, Wipro to work at IBM’s Kochi centre to co-create AI-based automation tech
June 8, 2022Indian IT majors Tata Consultancy Services (TCS) and Wipro will jointly work at IBM’s new automation...
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Agriculture
Govt hikes paddy MSP by Rs 100/qtl for 2022-23
June 8, 2022The government on Wednesday hiked the minimum support price (MSP) of paddy by Rs 100 to...
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Business
APM Terminals Pipavav commissions 1,000 kWp rooftop solar power plant
June 8, 2022APM Terminals Pipavav on Wednesday announced the commissioning of a 1,000 kWp DC capacity rooftop solar...
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Business
Govt’s enabling policies, proactive steps helped India deal with pandemic: FM
June 8, 2022Enabling policies and proactive steps taken by the government — including corporate tax cuts and digitisation...
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Business
India’s growth to enhance once cloud of pandemic, geopolitical conflict recedes: CEA
June 8, 2022The impact of structural reforms, like GST and IBC, will help boost India’s growth once the...
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Business
Markets recover after initial decline post RBI policy
June 8, 2022Benchmark indices pared early losses, with the Sensex jumping 317 points in morning trade on Wednesday,...
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Banking
RBI allows credit cards to be linked with UPI platform
June 8, 2022The Reserve Bank on Wednesday allowed credit cards to be linked with the unified payments interface...
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Economy
Will ensure availability of adequate liquidity for productive requirements of economy: RBI Governor
June 8, 2022Reserve Bank of India Governor Shaktikanta Das on Wednesday said the central bank will ensure the...
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Agriculture
WDRA chief says in process of reducing regulatory burden on agri warehousing
June 8, 2022Warehousing Development and Regulatory Authority chairman T K Manoj Kumar on Tuesday said it is in...
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Business
Amazon sends notice to Future Group promoters to stop transaction with Reliance
June 8, 2022E-commerce major Amazon has sent a notice to Future Group promoters asking them to refrain from...
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Business
Regulators should be well advanced to deal with digitisation: Sitharaman
June 7, 2022Union Minister Nirmala Sitharaman on Tuesday said regulators and other entities should be well advanced and...
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Business
Locus launches order-to-delivery management platform
June 7, 2022GIC Singapore-backed B2B logistics optimisation startup Locus on Monday announced the launch of its order-to-delivery management...
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Fintech
8 entities to test fintech products for MSME lending under RBI’s regulatory sandbox
June 7, 2022Eight entities, including SIDBI, have been allowed to test their fintech products for MSME lending as...
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Technology
Kerala-based Acsia Technologies to develop infotainment software for BMW
June 7, 2022Technopark-based Acsia Technologies, an automotive software company, has been selected as a software development provider by...
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Policy and Regulations
Centre mentions gap in social media rules vis-a-vis Big Tech behind new panel proposal
June 7, 2022The government’s proposal to set-up a grievance panel that will have power to override decisions of...
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Business
Mitsubishi Electric to invest Rs 220 cr to set up factory in Maharashtra
June 7, 2022Mitsubishi Electric Corporation on Tuesday said it will invest about Rs 220 crore (3.1 billion yen)...
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Technology
Adani Enterprises to set up hyper-scale data centre at Bengal Silicon Valley: Minister
June 6, 2022West Bengal Industry Minister Partha Chatterjee on Monday said the state government has given its nod...
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Business
ACME Cleantech to invest over Rs 51,000 cr for new green hydrogen & ammonia plant in K’taka
June 6, 2022Gurugram-based ACME Cleantech Solutions Private Limited on Monday signed a Memorandum of Understanding (MoU) with the...
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Business
No proposal to replace face of Mahatma Gandhi on banknotes: RBI
June 6, 2022Dismissing reports, the Reserve Bank on Monday said there is no proposal to replace the face...
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Auto
Maruti Suzuki sets up 20 MWp solar power plant at Manesar plant
June 6, 2022Maruti Suzuki India (MSI) on Monday said it has set up a 20 MWp solar power...
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Business
Physis Capital hopes to start investing in promising startups by Oct
June 6, 2022Venture capital fund Physis Capital expects the first closure of at least USD 10-15 million from...
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Auto
MG Motor launches Metaverse platform MGverse
June 6, 2022Automaker MG Motor on Monday said it has launched a Metaverse platform MGverse to provide an...
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Business
Commercial, industrial entities reduce electricity bills by using renewable energy: Mercom India
June 6, 2022Commercial and industrial entities from various sectors, including steel and cement, have reduced their electricity expenses...
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Auto
Automobile retail sales in slow lane in May: FADA
June 6, 2022Retail sales of passenger vehicles grew last month but the sales of two-wheeler and commercial vehicles...
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Business
Need to make Indian banks, currency important part of int’l trade, supply chain: PM Modi
June 6, 2022Prime Minister Narendra Modi on Monday stressed the need to make India’s banks and currency an...
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Business
EAM Jaishankar meets Indian community in Prague, shares with them developments at home
June 6, 2022External Affairs Minister S Jaishankar on Sunday met the Indian community members here and shared with...
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Business
GEECL to invest USD 2 billion in shale gas exploration
June 6, 2022Great Eastern Energy Corporation Ltd, a pioneer in the field of coal bed methane in India,...
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Fintech
Fintech startup IOUX looking to raise USD 10 mn; promote ease of doing biz
June 6, 2022Fintech startup IOUX, which specialises in providing a holistic solution to execute legal and financial agreements...
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Business
Xiaomi Global founding team member Alvin Tse to take charge of India biz
June 3, 2022Chinese smart devices company Xiaomi on Friday announced a rejig in the top management of the...
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