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Ajay Banga

China's Backing For Ajay Banga To Head WB Doubtful As Beijing Says 'Open' To Support Other Candidates

If confirmed by the World Bank Board of Directors, Banga would be the first-ever Indian-American and Sikh-American to head either of the two top international financial institutions: International Monetary Fund and the World...

22 March 2023

Industry Body Seeks Revival Of Credit Linked Subsidy Scheme For Micro And Small Units

President of PHD Chamber of Commerce and Industry (PHDCCI) Saket Dalmia took up the issue in a letter to Union Minister for Micro Small and Medium Enterprises Narayan Rane last week

22 March 2023

DRESSLINE

How DRESSLINE Spread Its Business To Supplying To 500 Stores Worldwide Starting With Just 2 Stitching Machines

Dressline is a family business that was started by three brothers whose father was from the same industry. The business has come a long way from its beginnings as a manufacturer & wholesaler. The venture that started with...

22 March 2023

Gautam Adani

Hindenburg Effect: Mukesh Ambani Becomes The Richest Indian As Gautam Adani’s Wealth Slips 60%

Ambani also suffered a decline in his fortune but could displace Adani as the richest Indian as his networth declined by 20 per cent to $82 billion

22 March 2023

World Shares Mixed Ahead Of Federal Reserve Rate Hike Decision

Investors are awaiting an interest rate decision by the Federal Reserve, which is expected to temper its efforts to tame inflation given the recent turmoil that has wracked the banking sector

22 March 2023

Governance, Funding Info Key To Adani Ratings: S&P

Last month, S&P Global Ratings revised outlook on Adani Ports and Adani Electricity to negative from stable after the report of Hindenburg Research alleged significant governance issues

22 March 2023

German Group Sues Facebook Owner Meta Over Death Threats

German lawmaker Renate Kuenast won a case against Facebook last year forcing the company to remove fake quotes attributed to her from its site and pay damages

22 March 2023

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Ukraine, IMF Agree On $15.6 Billion Loan Package

The loan programme will run for four years, with the first 12 to 18 months focusing on helping Ukraine close its massive budget deficit and alleviating pressure to finance spending through printing money at the central bank

22 March 2023

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22 March 2023
IMF Facility Debunks Sri Lanka's Bankrupt Status: President Wickremesinghe

IMF Facility Debunks Sri Lanka's Bankrupt Status: President Wickremesinghe

The receipt of the IMF Facility is a step towards building a better future for the youth and uplifting the country


22 March 2023
Delhi Budget 2023-24: Finance Minister Gahlot Presents Rs 78,800 Crore Budget In Delhi Assembly

Delhi Budget 2023-24: Finance Minister Gahlot Presents Rs 78,800 Crore Budget In Delhi Assembly

This was the first time that Gahlot presented the budget after taking charge of the finance department following the resignation of deputy chief minister...


22 March 2023
IFC To Invest Rs 600 Crore In Mahindra Unit At Valuation Of Up To Rs 6,020 Crore

IFC To Invest Rs 600 Crore In Mahindra Unit At Valuation Of Up To Rs 6,020 Crore

IFC's first investment in an EV manufacturer in the country and the first in electric three-wheelers globally will be in the form of compulsory convertible...


22 March 2023
Indian Airports' Revenues To Rise To $3.9 Billion Next Fiscal Year

Indian Airports' Revenues To Rise To $3.9 Billion Next Fiscal Year

Out of the total, domestic air passengers will rise to 320 million from 275 million this fiscal


22 March 2023
World's First Smoking Cessation Filter Developed By IIT Alumnus

World's First Smoking Cessation Filter Developed By IIT Alumnus

Cigibud, which will be officially launched later on Wednesday, filters up to 80 per cent of tar and nicotine from a cigarette without affecting its taste and...


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22 March 2023
Average Salary Likely To Rise 10.2% In 2023 Led By E-Commerce, IT, Professional Services: Report

Average Salary Likely To Rise 10.2% In 2023 Led By E-Commerce, IT, Professional Services: Report

The projected salary increases for 2023 are slightly lower than the actual increases for 2022 across all job levels, except for blue-collar workers, who are...


22 March 2023
India May Require 31,000 Pilots In Next 20 Years: Boeing

India May Require 31,000 Pilots In Next 20 Years: Boeing

Last September, Boeing had projected India's air traffic growth at around 7 per cent through 2040


22 March 2023
Tata Power Renewable Energy To Set Up 200 MW Solar Project In Maharashtra

Tata Power Renewable Energy To Set Up 200 MW Solar Project In Maharashtra

The installation will reduce around 432.94 million kg of CO2 emissions annually and will be one of the most substantial solar PV projects


22 March 2023
Jio 5G Network Roll Out Crosses 400 Cities

Jio 5G Network Roll Out Crosses 400 Cities

Jio is expanding its True-5G reach at a rapid pace and has already rolled out a large portion of the planned True-5G network in this country


21 March 2023
Tata Motors Hikes Commercial Vehicle Prices By 5% From April 1

Tata Motors Hikes Commercial Vehicle Prices By 5% From April 1

Tata Motors said it is upgrading its entire vehicle portfolio to conform to the stricter emission norms, which are set to come into force from April 1


21 March 2023
India Misses RE Capacity Target Due To Low Solar Rooftop, Wind Energy Project Installations: Parliamentary Panel

India Misses RE Capacity Target Due To Low Solar Rooftop, Wind Energy Project Installations: Parliamentary Panel

Keeping in view India's commitment to increase our non-fossil fuel based energy capacity to 500 GW by the year 2030, the Ministry of New and Renewable Energy...


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21 March 2023
India Exploited 29% Of Hydropower Potential: Power Minister

India Exploited 29% Of Hydropower Potential: Power Minister

The main challenges in the development of hydroelectric potential in the country are remote location, unpredictable geology, natural calamities, environment...


21 March 2023
NTPC Arm Signs Pact With Indian Army For Setting Up Green Hydrogen Plants

NTPC Arm Signs Pact With Indian Army For Setting Up Green Hydrogen Plants

NTPC REL is a wholly-owned subsidiary of NTPC Limited and currently it has a portfolio of 3.6 GW RE capacity under construction


21 March 2023
Office Space Leasing May Fall 25-30% This Year In Top 6 Cities On Slow Demand: Colliers-FICCI

Office Space Leasing May Fall 25-30% This Year In Top 6 Cities On Slow Demand: Colliers-FICCI

Leasing activity is likely to pick up in the second half of the year, led by global capability centres, BFSI companies and startups with sound business models


21 March 2023
India's 'Eye-Watering' 1.7% Spend On Transport Upgrade To Set Stage For $5 Trillion Economy

India's 'Eye-Watering' 1.7% Spend On Transport Upgrade To Set Stage For $5 Trillion Economy

The government has identified 100 critical transport infrastructure projects for last- and first-mile connectivity for the ports, coal, steel, fertiliser, and...


21 March 2023
Amplus Solar Plans Rs 1,500-Crore Investment In Andhra Pradesh To Set Up Distributed Green Hydrogen Plants

Amplus Solar Plans Rs 1,500-Crore Investment In Andhra Pradesh To Set Up Distributed Green Hydrogen Plants

The company aims to set up 7.5 KPTA (kilo tonne per annum)-distributed green hydrogen plants for industrial consumption in Andhra Pradesh with an investment of...


21 March 2023
Elista To Invest Rs 250 Crore To Set Up New Facility In Andhra Pradesh

Elista To Invest Rs 250 Crore To Set Up New Facility In Andhra Pradesh

Founded in 2020, Elista is part of the UAE-based TeknoDome Group. Its product portfolio comprises appliances such as LED televisions, washing machines,...


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