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OPPO India launches programme to mentor startups in country
NEW DELHI: Oppo on Monday announced the launch of its Elevate Program in India through which the smartphone maker aims to mentor startups that have the potential to bring the next big technological change in the industry.
Through a…
Tata Motors launches sub-compact SUV ‘Punch’ at starting price of Rs 5.49 lakh
CHENNAI: Tata Motors on Monday, October 18, 2021, launched its latest offering in its ‘New Forever’ range of SUVs, Tata Punch, at a starting price of Rs 5.49 lakh. The top-end manual variant is priced at Rs 8.49 lakh.
Built on the Agile…
HCL Technologies launches early career programme in Vietnam; to onboard 2,600 students in 5 yrs
NEW DELHI: HCL Technologies on Monday announced the launch of its TechBee early career programme in Vietnam with plans to onboard 2,600 candidates in the next five years, starting this year.
Designed exclusively for high-school…
Here’s why your insurance claim may get rejected
NEW DELHI: A communication between a general insurance company and the nominee of a person who had bought a policy from the former has become viral on social media. The letter communicates the reason for rejection of accidental death claim.…
IMF hails India’s ‘swift and substantial’ response to COVID-19 crisis
WASHINGTON: Describing the Indian government's response to the COVID-19 situation as "swift and substantial", the International Monetary Fund (IMF) has said the country continued with labour reforms and privatisation despite the pandemic.…
HDFC Bank Q2 profit rises by 17.6 per cent to Rs 8,834 crore
NEW DELHI: Private sector lender HDFC Bank has reported standalone profit at Rs 8,834.31 crore for the quarter ended September 2021, registering a growth of 17.6 per cent against the same period last fiscal. The sequential growth in profit…
Bull run expected to continue this week amid strong quarterly earning show
NEW DELHI: The market scaled new highs last week with the Nifty50 surpassing 18,000 and the BSE Sensex scaling above the 61,000-mark for the first time. The 30-share index added 1,246.89 points or 2.08% to end the Friday session at record…
Scanning asset classes to find solution
With the Equity Markets rising as though pumped by steroids, there seems to be a feeling of uneasy giddiness among many market participants, of the kind one feels while riding a roller-coaster. While the upward ride is exhilarating, it…
NASA launches first space probe toward Jupiter’s Trojan Asteroids
Moscow, Oct 17 (UNI/Sputnik) NASA launched a trailblazing asteroid explorer to Trojan asteroids circling the sun in Jupiter's path, in what is the first mission to study the primordial material that formed our solar system.
The probe,…
M&A deals hit record USD 30 billion in July-September ’21, says Grant Thornton
NEW DELHI: The Indian deal market is buzzing again with action as the concerns of pandemic die down, and economic activities getting back to normal faster than expected. According to Grant Thornton Bharat Dealtracker, a record 597 deals…
Air India’s ground handling business up for sale next, says DIPAM secretary
NEW DELHI: What happens to the special purpose vehicle (SPV) — Air India Asset Holding Ltd (AIAHL) — created by the government to hold some of the assets and liabilities of Air India, after the latter’s privatisation?
Tuhin Kanta Pandey,…
L&T forays into EdTech space, launches learning app
NEW DELHI: Engineering and construction major L&T has entered the lucrative education Technology (EdTech) sector with the launch of L&T EduTech, an application-based learning platform, which will provide practical-oriented…
Aluminium makers face coal shortage, send SOS
NEW DELHI: The ongoing coal crisis has taken its toll not just on the power sector, but also on non-power sectors especially the aluminium industry. A day after Coal India decided to temporarily halt fuel supply to non-power sectors, the…
5 SUVs in top 10 passenger vehicles sold in India
NEW DELHI: Few years back India’s top 10 list was entirely dominated by hatchbacks and entry level sedans that were easy on pocket and delivered high mileage. Then came Hyundai’s Creta and Maruti Suzuki’s Brezza. The two SUVs became a…
India offers spectrum of opportunities: FM Sitharaman tells US CEOs
WASHINGTON: India offers a spectrum of opportunities to investors and business firms, Finance Minister Nirmala Sitharaman told executives of top American companies as she met and apprised them of various flagship programmes of the Indian…
‘Challenging operating environment’: Microsoft to shut down LinkedIn in China year end
REDMOND: Microsoft is shutting down its LinkedIn service in China later this year after censorship rules were tightened by Beijing.
The company said in a blog post Thursday it has faced “a significantly more challenging operating…
TNIE Expressions: ‘Pharma sector needs Government push’, says Secretary General of IDMA
Government support is needed on various tax benefits for innovation and research in the pharma manufacturing space, says Daara B Patel, Secretary General, Indian Drug Manufacturers’ Association (IDMA), during an interaction with the…
COVID pandemic is exacerbating poverty and inequalities: International Monetary Fund
WASHINGTON: The emergence of new coronavirus variants has increased uncertainty, posing downside risks to the green shoots of the global economy, the International Monetary Fund said Thursday while ruing that the crisis is exacerbating…
No shortage of anything; reports of coal crisis baseless
BOSTON: Amid reports of the ongoing coal shortage in the country, Finance Minister Nirmala Sitharaman stressed that there is no shortage and termed these as "absolutely baseless", saying India is a power surplus country.
Sitharaman said…
NLC India making efforts to ramp up coal output
NEW DELHI: State-owned NLC India is making efforts to ramp coal output from one of its mines in Odisha to up to 10 million tonnes per annum this year.
The company aims to increase the coal production to up to 20 Million Tonnes Per Annum…
