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India and Bangladesh agree on trade transactions in own currencies

Dhaka/IBNS: To ease cross-country transactions and pressure on dollar holdings, India and Bangladesh have agreed to settle a part of bilateral trade transactions in their own currencies- rupee and taka respectively, according to a Bangladesh media report.

Demand for tech skills like ERP, Java full stack, data analytics rising: Report

Bengaluru: The demand for specific technology skills is consistently rising even across non-tech industries. ERP, Java Full Stack, Data Analytics, Cloud, and Infra Management have emerged as the top skills in demand, according to a report.

IndusInd Bank signs $100 million loan agreement with JBIC to boost the growth of Japanese construction equipment companies in India

Gandhinagar: IndusInd Bank on Wednesday said that its GIFT City IBU branch has entered into a $100 million long-term loan agreement with the Japan Bank for International Cooperation (JBIC).

Mankind Pharma IPO to open on Apr 25

Mumbai/IBNS: Mankind Pharma Ltd will launch its initial public offering (IPO) of 40,058,844 equity shares on Tuesday, April 25, 2023, the company said on Wednesday.

RBL Bank launches unique digital fixed deposit scheme for new-to-bank customers

Mumbai/IBNS: RBL Bank Tuesday announced the launch of an innovative Digital Fixed Deposit (FD) scheme available to new-to-bank customers.

PayNearby partners with Rajeevika to onboard 10,000 women business correspondents in Rajasthan

PayNearby, branchless banking and digital network company will onboard women Business Correspondents (BC-Sakhis) from Self Help Groups (SHG) in eight districts to offer banking services to various Gram Panchayats in Rajasthan.

NTPC and Chempolis India to conduct feasibility study for bamboo-based bio-refinery at Assam's Bongaigaon

Mumbai/IBNS: NTPC, the largest power generating utility in India, and Chempolis India, a Fortum group associate Co and a leading Finnish Bio-Refining technology provider, have signed a non-binding Memorandum of Understanding to explore the feasibility of setting up a bamboo based Bio-Refinery in Bongaigaon in Assam.

Apple CEO Tim Cook inaugurates company's first retail store in India

Mumbai/IBNS: Apple CEO Tim Cook on Tuesday inaugurated the company's first retail store in India in the country's financial capital Mumbai.

Japan pledges to offer employment opportunities to Manipuri youths

Imphal/IBNS: The Governments of Japan and the northeastern state of Manipur in India have come to an agreement to initiate new projects for the Manipuri youths.

IIT Guwahati collaborates with Tata Elxsi to foster EV Technologies

Guwahati/IBNS: Indian Institute of Technology (IIT) Guwahati has recently signed a Memorandum of Understanding (MoU) with Tata Elxsi, a leading global technology services provider for the Automotive and Transportation industry, to jointly work on developing and commercialising state-of-the-art solutions for the Electric mobility market.

Volvo Car India records 38 percent growth in Q1 of 2023-2024

Kolkata/IBNS: Volvo Car India has recorded an impressive 38 percent growth in the first quarter of 2023.

Apple continuously expanding biz ops in India, says Piyush Goyal

New Delhi: iPhone maker Apple is constantly increasing its presence in India, and the government is in regular contact with the company to facilitate the expansion, Commerce and Industry Minister Piyush Goyal, media reported.

NTPC Green Energy IPO likely this fiscal: Report

New Delhi: NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC, plans to raise funds through an initial public offering (IPO) this financial year, a media report said citing a source.

Disinvestment process of RINL in progress: Steel ministry

New Delhi: There is no freeze on the disinvestment process of RINL, The Ministry of Steel clarified on Friday.

India, Japan, France announce launch of negotiations to restructure Sri Lanka's debt

Washington/IBNS: India, Japan, and France today announced the launch of the debt restructuring negotiation process for Sri Lanka.

India, Spain expecting major progress in India-EU FTA negotiations during upcoming Spanish presidency of EU

New Delhi: India and Spain are looking forward to considerable progress in the ongoing India-EU FTA negotiations during the upcoming Spanish Presidency of the EU from July to December 2023.

Tata Motors to increase prices of its passenger vehicles, effective May 1

Mumbai: Tata Motors, a vehicle manufacturer, on Friday announced that it will marginally increase price of its passenger vehicles from May 1, 2023. The weighted average increase will be 0.6%, depending on the variant and model.  

HDFC ERGO partners with WhatsApp to facilitate easy and quick vehicle self-inspection for lapsed policies

Mumbai: HDFC ERGO General Insurance Company has partnered with Meta Platforms for WhatsApp Business to launch a new feature allowing customers to renew their break-in motor insurance policies through WhatsApp without downloading an app.

Mutual Fund Industry March 2023 Net AUM at Rs 39,42,031 cr: AMFI

Mumbai: Mutual Fund Industry Net AUM stood at Rs 39,42,031 crores, while AAUM was Rs 40,04,638 crores in March 2023, showed AMFI Mutual Fund Industry data.

Air India to save 15000 tonnes of jet fuel in 3 years with TaxiBot operations at Delhi and Bengaluru airports

New Delhi: Air India has signed an agreement with KSU Aviation to launch TaxiBot operations at Delhi and Bengaluru airports for its Airbus A320 Family of aircraft.

Kolkata: Tata Steel and West Bengal Police seize fake Tata products in raid

Kolkata: Tata Steel officials, with the help of the West Bengal Police, recently conducted a raid on a manufacturing unit situated in Kolkata, the company said in a press release.

Modern Automotives bags order for differential pinion shafts to BMW AG for EV powertrain

Kolkata / New Delhi: Modern Automotives Ltd. has bagged an order of 2.5 million units of Differential Pinion Shaft to BMW AG Munich to be delivered by 2034.

Shiprocket forms a strategic alliance with BillDesk to power payments for its one-click checkout solution

New Delhi: E-commerce enablement platform Shiprocket has entered into a strategic partnership with the leading digital payments platform BillDesk to power payments on their one-click checkout solution.

India presents huge delta off opportunities: Piyush Goyal at India-France Business Summit

Paris: There is a huge delta of opportunities in India, Union Commerce and Industry Minister Piyush Goyal said on Tuesday during his address at the India – France Business Summit and CEOs Roundtable in Paris, France.

Commerce Minister Piyush Goyal discusses bilateral trade and cooperation with French Foreign Trade Minister Olivier Becht

Paris: Union Commerce & Industry Minister Piyush Goyal met French Foreign Trade Minister Olivier Becht on Tuesday in Paris, the capital of France.

FM Nirmala Sitharaman and Geeta Gopinath meet at IMF-World Bank spring meetings in US

Washington: Union Finance Minister Nirmala Sitharaman met with Gita Gopinath, the first deputy Managing Director of the International Monetary Fund (IMF), on Wednesday at the IMF-World Bank spring meetings.

Volvo Car India celebrates another milestone by delivering 200th Pure Electric XC40 Recharge

Kolkata: Volvo Car India on Wednesday announced delivery of its two hundredth all electric XC40 Recharge.

WBHIDCO in partnership with Powerbank sets up West Bengal’s largest Public Fast Charging Hub for EVs in New Town

Kolkata: West Bengal Housing Infrastructure Development Corporation (WBHIDCO) has partnered with Powerbank, a fast-growing EV charging network owned by Shuchi Anant Virya Private Limited, to establish the largest Public Fast Charging Hub for Electric Vehicles (EVs) in West Bengal and East India.

ICICI Bank introduces EMI facility for UPI payments by scanning QR code

New Delhi: ICICI Bank on Wednesday announced that it has introduced easy EMI facility for UPI payments made by scanning QR code.

HDFC Bank signs agreement with Export Import Bank of Korea for US $ 300 million credit line

Ahmedabad: Private sector HDFC Bank has signed a Master Inter Bank Credit Agreement with Export Import Bank of Korea for a US $ 300 million line of credit.