Business
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Bengaluru Airport gets PEER platinum certification
Bengaluru: Bangalore International Airport Limited (BIAL), operator of Kempegowda International Airport (BLR Airport) has been awarded the prestigious PEER (Performance Excellence in Electricity Renewal) platinum certification by Green Building Certification Inc. (GBCI),…
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EV maker Okinawa Autotech opens 2nd manufacturing plant in India
New Delhi: Electric two-wheeler manufacturer Okinawa Autotech on Tuesday said it has commenced operations at its second manufacturing unit located in Bhiwadi, Rajasthan. The company aims to manufacture close to three lakh…
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Ex-Turkish Airlines head Ayci named Air India CEO-MD
Mumbai: Tata Sons has announced the appointment of Mehmet Ilker Ayci as the new Chief Executive Officer and Managing Director of Air India, an official said here on Monday. Expected to take…
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India’s Jan retail inflation rises to over 6%
New Delhi: Higher food prices, as well as rising commodity costs, lifted India’s January 2022 retail inflation on a sequential as well as year-on-year basis, official data showed on Monday. As per…
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Jio Platforms to invest $200 million in Singapore-based Glance
Mumbai: Glance, a leading AI-driven lock-screen platform, said on Monday it has agreed to raise $200 million from Jio Platforms Limited in its Series D round of funding. Headquartered in Singapore, Glance…
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Global EV sales up 109% in 2021, Tesla leads with 14% share
New Delhi: Nearly 6.5 million electric vehicles (EVs) — including fully electric and plug-in hybrid passenger cars — were sold worldwide in 2021, up 109 per cent from 2020, with Tesla leading…
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Delhi HC nixes plea by Zostel to restrain OYO’s IPO process
New Delhi: The Delhi High Court on Monday nixed a plea filed by hostel chain Zostel (Zo Rooms) seeking to restrain OYO Hotels and Homes from proceeding with its initial public offering…
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Swiggy set to acquire DineOut for around $200 million
New Delhi: Leading online food delivery platform Swiggy is set to acquire Times Internet-backed dining out platform Dineout for close to $200 million, reliable sources said here on Monday. Dineout was also…
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Now trade-in used mobile phones on Flipkart
New Delhi: Domestic e-commerce platform Flipkart on Monday introduced the Sell Back Programme that offers customers a platform to sell their used mobile phones. The Sell Back Programme launch follows Flipkart’s recent…
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Saudi Arabia gives 4% of Aramco worth $80B to sovereign fund
Dubai: Saudi Arabia said Sunday it will transfer 4% of the stock in the state-run oil giant Aramco to a sovereign wealth fund, an infusion valued at nearly 80 billion as the…
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India-based startups raised $39 bn in 2021; mortality rate down to 1%
New Delhi: India-based startups raise $39 billion capital in 2021, said Grant Thornton Bharat. The report on the democratisation of India’s startup ecosystem showed a total funding of $39 billion, a rise…
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Sindhu Trade Links becomes multibagger, shares up 2000% in 2021
New Delhi: Sindhu Trade Links shares became multibagger in 2021 as it rose over 2,000 per cent during the year. On Friday, the shares settled at Rs 139 on the BSE, against…
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Banks had tried to revive ABG Shipyard but failed: SBI
New Delhi: The State Bank of India on Sunday said that the consortium of banks, which had made loans to ABG Shipyard, had tried to revive its operations but all efforts failed…
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Rival unions unite at Eicher Motors
Chennai: While merger of rival companies is normal, a merger of two worker unions is something rare, which happened at two-wheeler maker Eicher Motors Ltd’s plant here, said their leaders. Further, the…