Business News

New Delhi: Maharatna PSU and a premier NBFC, Power Finance Corporation Limited (PFC), has been conferred with the prestigious Institute of Chartered Accountants of India (ICAI) Gold Shield being a winner in the category ‘Public Sector Entities’ for…

Visakhapatnam: Rashtriya Ispat Nigam Ltd (RINL), also known as Vizag Steel Plant (VSP) Director (Commercial) DK Mohanty on Friday said till Dec’22, RINL has procured 40.42 per cent from MSEs out of total procurement and it is expected to be scale up…

Hubballi: Pralhad Joshi, minister for Parliament Affairs on Sunday said that India would receive foreign investment of $85 billion for creating various infrastructure including manufacturing mobile phone handsets and other equipment. Speaking at a…

New Delhi: YesBank on Saturday reported a net profit of Rs 52 crore for the quarter ended December 31, 2022. Operating profit for the quarter stood at Rs 914 crore, registering a 25 per cent growth on year-on-year basis. CASA in the quarter…

Mumbai: Reliance Industries Ltd. posted a net profit of Rs 20,539 crore in the 3rd Qr. for the financial year. Revenue from operations in the quarter stood at Rs 2.2 lakh crore as against Rs 1.9 lakh crore reported in the same period last fiscal.…

New Delhi: Bhartiya Mazdoor Sangh (BMS) on Thursday urged the central government to restart production in closed NTC mills. "The Government of India must start production in closed NTC Mills immediately and provide work to all workers who are…

Davos/Hyderabad: Microsoft is expanding their Data Center investment in Hyderabad, the upcoming projects were discussed at the Microsoft Cafe at Davos, Switzerland in the presence of Telangana Minister for IT, Industries K.T. Rama Rao (KTR) and…

Gangtok: The recent Apex Court ruling on income Tax case filed by old citizens of the State have brought smiles on the faces of those living in Sikkim prior to 1975. Sikkim Chief Minister PS Tamang on Thursday congratulated all those who are covered…

Shimla: Himachal government plans to roll out 5G services to its people by the end of this year making a great leap towards digital revolution, stated Secretary, IT Dr. Abhishek Jain, after a meeting with Telecom Service Providers (TSPs),…

Jammu: Jammu and Kashmir Lieutenant Governer Manoj Sinha on Thursday said that 5G network services will soon be available across the Union Territory. President of Lava International Sunil Raina had called upon Lieutenant Governor here at the Raj…

Hyderabad: India's well-known financial transaction platform, PhonePe, today announced that it has raised $350 million in funding from General Atlantic, a leading global growth equity firm, at a pre-money valuation of $12 billion. The General…

New Delhi: Fitness icon Shilpa Shetty Kundra’s Holistic wellness app ‘Simple Soulful App (SS App)’ by fitness icon Shilpa Shetty Kundra, backed by Artificial Intelligence Motion Tracking technology for her existing and new subscribers. It’ll track…

London: The United Kingdom's (UK) inflation slowed for a second month in December 2022, but the cost-of-living crisis continued as food inflation remained record high, official figures showed on Wednesday.  The consumer price index (CPI) rose at…

 Hyderabad: Indo-Canada Chamber of Commerce (ICCC) President Arvind Bharadwaj on Tuesday said the trade between India-Canada is just US $ 4 billion, which is abysmally low and there is a great opportunity to double or triple it. Addressing an…

New Delhi: India has recently emerged as the third-largest startup ecosystem in the world. Recognizing the diligence of these visionaries, Prime Minister Narendra Modi had declared January 16 as National Startup Day in 2021. In fact, an entire week…

Kathmandu: The black box of a crashed Nepali passenger plane was found on Monday, an official said. "The security forces found the black box a while ago. We will get it soon," Jagannath Niroula, spokesperson of the Civil Aviation Authority of Nepal…

Jammu: The Jammu and Kashmir government on Sunday approved an ambitious project worth Rs 91 crore envisaging revival of silk industry in the UT through technological interventions. The project which contains end to end interventions, right from…

Hyderabad: The Vande Bharat Express train between Secunderabad and Visakhapatnam, flagged off by Prime Minister Narendra Modi in the morning, will help to promote tourism and strengthen the cultural bond between the two Telugu states of Andhra…

Kathmandu: At least 68 people were killed on Sunday when a domestic flight crashed in Pokhara in Nepal, the country's Civil Aviation Authority said. The Yeti Airlines flight from Kathmandu to the tourist town of Pokhara crashed on landing before…