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Cabinet approves setting up of three semiconductor plants in India

Thu, 02/29/2024 - 10:32
Vaishnaw said that the total investment in three semiconductor units is estimated to be Rs 1.26 trillion

NPST bags online dispute resolution solution contract from DCB Bank

Thu, 02/29/2024 - 10:10
NPSI focuses on UPI payments and digital banking solutions. It functions as a Technology Service Provider (TSP) and a Third-Party Aggregator Provider (TPAP), it said

India looks elsewhere for oil as latest US sanctions crimp Russia trade

Thu, 02/29/2024 - 09:32
India's refiners are keen to take more Russian oil, but there would need to be US approval for buying to ramp up again, the executives said, asking not to be identified because the information is priv

Burger Singh says website defaced by Pakistani hackers; restored now

Thu, 02/29/2024 - 09:05
Home-grown quick service restaurant chain Burger Singh on Thursday said Pakistani hackers defaced the company's website, which has now been restored.

SoftBank Group sells another 2% stake in crisis-hit Paytm to under 3%

Thu, 02/29/2024 - 08:27
The Japanese conglomerate held a 17.5% stake in Paytm in September 2022. Since then, it has trimmed its ownership through multiple open market deals

TADA Court acquits Abdul Karim Tunda, main accused in 1993 Mumbai blasts

Thu, 02/29/2024 - 07:31
Terrorist and Anti-Disruptive Activities Act (TADA) court acquitted Tunda in the infamous serial blasts case due to insufficient evidence

Sony withdraws agreement to merge India operations with Zee from NCLT

Thu, 02/29/2024 - 07:22
While the court filings officially bring the curtain down on the long-drawn saga that was beset by delays, drama over who'll lead the merged entity and a regulatory probe on Zee's founders

Suzlon bags 30 MW wind project from EDF Renewables, to install 10 WTGs

Thu, 02/29/2024 - 07:16
As part of the order, Suzlon will install 10 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each in Gujarat, a company statement said

Bharti Enterprises plans exit from Del Monte Foods joint venture in India

Thu, 02/29/2024 - 07:12
Del Monte Foods has remained a small venture and is unable to compete with larger packaged foods businesses, said an executive of Bharti Enterprises

WTO meeting: India, SA oppose China-led investment facilitation proposal

Thu, 02/29/2024 - 07:00
Two developing countries say there is no consensus on proposal and it can't be included in outcome document of ministerial conference

Shapoorji Pallonji eyes Rs 500 cr revenue from 180 luxury units in B'luru

Thu, 02/29/2024 - 06:59
In a statement, the company said it has launched 'Sequoia', the last tower at its project Parkwest 2.0 in Binnypet, Bengaluru

Stock Market Live: Sensex volatile; RIL up 1%; PowerGrid, Axis Bank weak

Thu, 02/29/2024 - 04:44
Stock market Update on Thursday, February 29: In the broader market, the BSE MidCap and SmallCap indices recouped intra-day losses up to 1 per cent.

Reliance-Disney merger draws Nita Ambani back to business spotlight

Thu, 02/29/2024 - 04:00
Her decision to take the role is a strong signal "that this (media) business is close to the family's heart," said a person familiar with Disney-Reliance deal talks

CtrlS to invest Rs 4,000 crore in Chennai data center park, across phases

Wed, 02/28/2024 - 18:56
The company is expected to create about 500 direct jobs and over 9,000 indirect jobs

Lighthouse invests Rs 284 crore in silver jewellery brand Kushal's

Wed, 02/28/2024 - 18:52
Private equity platform Lighthouse on Wednesday said it has invested Rs 284 crore in fashion and silver jewellery brand Kushal's.

Air India detects cabin lighting issue in B777 planes' economy class

Wed, 02/28/2024 - 18:52
The Tata Group-owned Air India has leased five B777-200 LR planes from American carrier Delta Airlines

Cognizant asks India employees to work from office for three days in a week

Wed, 02/28/2024 - 18:44
Around 254,000 of Cognizant's 347,700 employees are based in India, making it the firm's largest employee base, according to its annual report

Reliance, Disney form joint venture to merge TV, OTT business in India

Wed, 02/28/2024 - 17:42
RIL to invest $1.4 bn in JV; Nita Ambani named chairperson, Uday Shankar vice-chairperson

Retail market to double in size to reach $2 trn in 10 years: BCG report

Wed, 02/28/2024 - 16:46
The report stated that organised retail in the country has consistently demonstrated faster growth, despite subdued performance in the recent quarters owing to potential headwinds

NCLT asks Byju's to keep funds via rights issue in escrow account

Wed, 02/28/2024 - 16:39
NCLT has also directed Byju's to consider the extension of the closure date of the rights issue

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