Suhail Sameer resigns as BharatPe CEO
New Delhi: BharatPe CEO Suhail Sameer has stepped down from his post and will work as the strategic adviser to the company.
Finance
NTPC starts India’s first green hydrogen blending operation in PNG network
New Delhi: Country’s largest power generator, NTPC Ltd commissions India's first green hydrogen blending project.
Mahindra’s Farm equipment sector sells 21,640 units in India during December
Mumbai: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, on Tuesday announced its tractor sales numbers for December 2022.
Ducati announces 9 new motorcycles and 2 new showrooms for India in 2023
New Delhi: Luxury motorcycle brand Ducati on Tuesday announced 9 new motorcycles and 2 new showrooms for India in 2023.
Yes Bank partners with Microsoft to transform mobile banking experience
New Delhi: Yes Bank announced that it has partnered with Microsoft to bring forth a next generation mobile application (app) with a view to provide customers with a personalised banking experience.
Bandhan Bank unveils its brand campaign
Mumbai: Bandhan Bank, one of the fastest-growing banks in the country, on Tuesday launched its integrated marketing campaign featuring the Bank’s brand ambassador Sourav Ganguly.
WardWizard sells more than 43k units of electric two-wheelers in CY 2022
Mumbai: Keeping up with its growth momentum, WardWizard, a leading manufacturer of electric two-wheeler brand ‘Joy e-bike, zooms into the new year with a 131.6% hike in sales in CY 2022 (Jan –Dec 2022).
Zomato co-founder Gunjan Patidar quits
Bengaluru: Online food delivery platform Zomato Limited on Monday said its Co-Founder and Chief Technology Officer Gunjan Patidar has resigned from the post.
Microsoft celebrates Future Ready Champions of Code with over 100K developers, technology enthusiasts
Kolkata/IBNS: Microsoft Monday announced that over 100,000 developers participated in the Future Ready Champions of Code program to receive Microsoft certifications.
Jammu and Kashmir undergoing revolution in vegetable sector
Srinagar: A change is taking place in Jammu and Kashmir's vegetable sector through precision farming intervention which will double the gross output of vegetables from Rs 3982.50 Cr to Rs 8021.25 crore per year, media reports said on Monday.
Volkswagen India registers a 58 pct annual growth in its sales performance in 2022
Mumbai: Volkswagen Passenger Cars India has registered a strong annual sales performance with a growth of 58% in 2022 (vs. 2021).
Mahindra Auto Dec 2022 sales grow by 45 pc
Mumbai: Auto major, Mahindra & Mahindra (M&M ) on Monday reported a rise of 45 per cent in its overall auto sales for the month of December 2022 at 56,677 vehicles as compared with 39157 vehicles sold in December 2021.
Assam employment: More than 400 women from Puthimari generate Rs 25 lakh income from farming
Tezpur: More than 400 women in Assam's Puthimari area are generating Rs 25 lakhs turnover in a single year by practising agricultural activities in nearly 1000 bighas of farm land.
Toyota Kirloskar Motor clocks highest calendar year wholesales in the last 10 years
Bangalore: Toyota Kirloskar Motor on Sunday announced its total wholesales for the calendar year (CY) 2022 at 160,357 units, thereby making it the highest wholesales in the last 10 years.
MG Motor India reports retail sales of 3899 units in December
Gurugram: Automobile giant MG Motor said its retail sales for the month of December 2022 were recorded at 3899 units, which is a 53% growth over the corresponding figures for December 2021.
Tata Motors registered total sales of 2,28,169 units in Q3FY23
Mumbai: Automobile major Tata Motors Limited on Sunday announced its sales in the domestic and international market, for Q3FY23, which stood at 2,28,169 units, compared to 1,99,634 units during Q3FY22.
Gross GST collection in December up 15 pc YoY
New Delhi: The gross GST collection registered an increase of 15 per cent year-on-year (YoY) to Rs 1,49,507 crore in December 2022, government data released on Sunday showed.
We are receiving the highest ever FDI flows in our history: S Jaishankar
Nicosia: India's External Affairs Minister S Jaishankar, who is on a visit to Cyprus, on Friday said reforms measures taken by Prime Minister Narendra Modi-led government during the peak of the COVID pandemic have resulted in the highest-ever FDI flows in the country’s history.
Govt extends policy to import refined palm oil at lower duty
New Delhi: The Centre Thursday said it extended a policy, which was due to expire on Dec 30, to import refined palm oil at a lower duty "until further orders”.
Bandhan Bank sells bad loans worth Rs 8,897 cr to ARC
Mumbai/IBNS: Bandhan Bank on Friday announced the sale of its stressed loans, worth Rs 8,897 crore, to an asset reconstruction company (ARC) for Rs 801 crore.
Agri and processed food products export up by 16pc to $17.43 billion in Apr-Nov FY23
New Delhi/IBNS: The exports of agricultural and processed food products rose by 16 percent to $17.43 billion in the April-November period of the current FY23 in comparison to the same period last fiscal, as per government data released on Friday.
Indian govt likely to consider JVs with Chinese firms to help global firms produce in India
New Delhi/IBNS: The government may consider reviewing Chinese investments in India to facilitate multinational companies shift their manufacturing operations to India, CNBC TV18 reported.
Tata Sons chairman N Chandrasekaran to head Maharashtra's new economic advisory body
Mumbai/IBNS: Tata Sons chairman N Chandrasekaran will lead the new Economic Advisory Council of Maharashtra, the state government said on Thursday.
India's forex reserves contract to $563.499 billion from $563.49 billion
Mumbai/IBNS: India’s forex reserve contracted for the second consecutive week to $562.81 billion as on December 23, 2022, from $563.499 billion owing to the sharp rise in the cost of imported goods Reserve Bank of India (RBI) said on Friday.
Centre's fiscal deficit touches 59 pc of full-year target in Nov end
New Delhi/IBNS: Centre’s fiscal deficit at the end of November touched 59 percent of the full-year budget target, showed the data released by the Controller General of Accounts (CGA) on Friday.
RBI working on alternate solutions for Indian banks hit by ESMA regulations
Mumbai: The Reserve Bank of India (RBI) is working on alternate solutions if the European markets’ regulator withdraws recognition of the Indian central bank’s counterparties.
Centre raises interest rates on Post Office deposits, provident fund rates unchanged
New Delhi/IBNS: Centre raised the interest rates on a bouquet of small-term deposits on Friday.
Combined Index of Eight Core Industries increases by 5.4 per cent
New Delhi: The combined Index of Eight Core Industries increased by 5.4 per cent (provisional) in November 2022 as compared to the Index of November 2021, government data released on Friday revealed.
Bridgestone India partners with Blume Ventures to leverage start-up ecosystem in mobility solution space
Bengaluru/IBNS: Bridgestone India, part of tyre-maker Bridgestone Group, has partnered with Blume Ventures to leverage the start-up eco-system of India in the mobility solutions space.
ICICI Prudential Life Insurance Company’s AUM crosses Rs 2.5 lakh cr
ICICI Prudential Life Insurance Company has crossed 2.5 lakh crore in Assets under Management (AUM), the company said Thursday.