Business
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India to extend Sri Lanka’s 1 bn dollar credit line by a year
Colombo: India on Tuesday extended its under-utilised USD 1 billion credit line to Sri Lanka for another year to help the island nation hit hard by an unprecedented economic crisis procure much-needed…
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Myntra’s EORS-18 goes live on June 1, offering 20 lakh styles across over 6,000 brands
New Delhi: Myntra, one of India’s leading fashion, beauty and lifestyle destinations, said on Tuesday it is on track to welcome 15 million new users from non-metros on the app as the…
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ONGC plans to invest up to Rs 1L cr to scale up green energy capacity
New Delhi: State-run explorer ONGC plans to invest Rs 1 lakh crore to scale up its renewable energy capacity to 10 gigawatts (GW) by 2030. It was 189 megawatts in 2022-23, company’s…
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RBI found gaps in corporate governance at banks despite guidelines: Das
Mumbai: The Reserve Bank has found gaps in banks’ corporate governance despite issuing guidelines on the matter, Governor Shaktikanta Das said on Monday. Addressing directors of bank boards, Das said such gaps,…
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Sitharaman slams Chidambaram for his comments on Rs 2,000 currency note withdrawal
Mumbai: Union Finance Minister Nirmala Sitharaman on Monday criticised Congress leader P Chidambaram over his comments on the withdrawal of the Rs 2,000 currency note and said to cast aspersions on matters…
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BGMI mobile game now available for play in India
New Delhi: South Korean video game developer Krafton on Monday announced that the video game Battlegrounds Mobile India (BGMI) is now available for play in India. “BGMI is now playable and has…
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Zomato joins Dial4242 to provide ambulance, medical support to delivery partners
New Delhi: Online food delivery platform Zomato on Monday announced it has collaborated with Dial4242 to provide ambulance services and medical support through mobile medical units (MMUs) to delivery partners. With this,…
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Rolls-Royce set to slash 3K jobs to streamline business: Report
London: Luxury car and jet engine manufacturer Rolls-Royce is reportedly planning to slash thousands of jobs, around 3,000 ‘non-manufacturing employees’, as it aims to cut costs and streamline operations. According to The…
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Twitter approved 83% of censorship requests under Musk: Report
New Delhi: Under Elon Musk, Twitter approved a staggering 83 per cent of government requests to either restrict or block content globally including in India and Turkey, the media reported. Since Musk’s…
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Why foreign investors have fallen in love with India all over again
Indian markets have been on a roll and are now close to their all-time high which were made on December 1, 2022, on a closing basis and an intra-day basis. These levels…
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IPL teams give ‘phenomenal returns’ than stock market: Research
New Delhi: IPL teams have given phenomenal returns compared to the stock market, with the Rajasthan Royals leading the pack with 29 times returns. According to a research by Treelife, if you…
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Adani Group’s Thiruvananthapuram airport goes hi-tech with six e-gates
Thiruvananthapuram: The Thiruvananthapuram international airport, ever since it was taken over by Adani Group, has been undergoing rampant changes – the latest being six e-gates with QR code scanners installed in the…
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CAIT seeks common SOP for banks from RBI for depositing, exchanging Rs 2000 notes
Indore: The Confederation of All India Traders (CAIT) on Friday said the Reserve Bank of India must set up a standard operating procedure (SOP) for banks for deposit and exchange of Rs…
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McLaren Artura arrives in India at a price tag of Rs 5.1 crore
Mumbai: British luxury supercar-maker McLaren Automotive on Friday introduced the all-new McLaren Artura in India for Rs 5.1 crore (ex-showroom, Delhi price), which is the company’s first-ever series-production High-Performance Hybrid (HPH) supercar…
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About 27K employees lost jobs at Indian startups to date
New Delhi: At least 27,000 tech employees at Indian startups have lost their jobs since the funding winter crept in last year, and the list is only growing. Nearly 26,868 employees have…
