Browsing Category
Business News
TCS to run GeM portal from October 3; move to save Rs 150 crore per year
The current service providers receive 0.215% on each transaction value with the maximum payout capped at Rs 1.5 crore on a single transaction.
Government tweaks angel tax valuation rules to address investors concern
Angel tax is imposed when an unlisted firm issues shares to an investor at a price higher than its fair market value (FMV).
Ambani scions to draw nil salary as directors
Mukesh Ambani, India’s richest billionaire, has been drawing nil salary from since FY21 and will continue to do the same for the next five years.
REC signs MoU with PNB to co-finance Infra and Logistic projects
REC and PNB to co-finance Infrastructure Projects debts amounting to Rs. 55,000 crore over next three years
UPI transaction volume up from 4.6 billion in Jan 2022 to 9.3 billion in June 2023
PhonePe, Google Pay, and Paytm, in terms of transaction volume, in June 2023, accounted for 95.68% of all transactions compared to 94.55% a year ago.
IIT Madras and Ericsson partner for joint research in Artificial Intelligence
The Centre for Responsible AI is an interdisciplinary research centre with a vision of becoming a premier hub with an immediate impact on deploying AI systems in the Indian ecosystem.
Will generate 5 lakh jobs this festive season: E-commerce firm Meesho
These roles will primarily contain first-mile and delivery associates responsible for tasks like delivery picking, sorting, loading, unloading and return inspections.
500 GW renewable energy target by 2030: Minister RK Singh
The minister said India’s energy transition program is at the top in the world.
ATF report 2023 on Climate Initiatives mulls path for Net-zero Carbon targets
New Delhi: Public sector enterprise Power Finance Corporation (PFC) has shared the new report from the Asia Transition Finance (ATF) Study Group, where PFC has been a core member since July, 2023.
The ATF Study Group, a private-led…
Markets to remain under pressure this week
Nifty and Sensex settled around the week’s low to close at 19,674.25 and 66,609.10 levels. All sectors ended in the red wherein realty, banking and metal were among the top losers last week.
Indian G-sec Bonds in JP Morgan: yields to touch 7% in FY 24, says SBI
The inclusion of Indian Government Bonds will commence on June 28, 2024, with India being allocated a maximum weight of 10% on the index.
Burman family to acquire majority stake in Religare Enterprises
If the open offer is successful, the Burman family will hold about 54% of Religare Enterprises.
17th Global Communication Conclave Explores Trust in the Digital Age
New Delhi: The 17th Global Communication Conclave, organized by the Public Relations Council of India (PRCI), in association with the Public Relations Society Delhi (PRSD), successfully unfolded on September 21st and 22nd at New Delhi .This…
Tata Projects to build Micron chip plant in Gujarat
Micron will invest $825 million for the project in next seven year, and it will come up in two phases.
JP Morgan adds Indian bonds to its global index
“India’s weight is expected to reach the maximum weight threshold of 10% in the GBI-EM Global Diversified, and 8.7% in the GBI-EM Global index,” JP Morgan said in a statement.
‘Digital infra helped government save USD 27 billion’
Sharing the country’s success story in financial inclusion, Seth said India has achieved 80% account opening penetration from 20% within a span of seven-eight years with DPI.
Kharbanda of Divya Himachal among 78 Comm. professionals decorated with PRCI Excellence Awards
New Delhi: The national capital Delhi witnessed a two-day high profile congregation, 17th Global Communication Conclave on Communication, PR and Media practices, ethics, latest communication and Pubic Relations updates. Latest technology…
Sale of iPhone 15 sees 100 per cent growth versus iPhone 14 series on day 1
Apple has for the first time made available the 'made-in-India' iPhone on the same day it started selling the devices in the country and other parts of the globe.
Market continues to fall; shed over two per cent in two days
Uncertain global cues and persistent selling by FIIs are expected to keep markets under pressure in the near term
US-based chip major Micron to break ground for semiconductor plant in Gujarat on Saturday
The construction will begin this year, and it will include 500,000 square feet of planned cleanroom space and will start to become operational in late 2024.
