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Business
KABIL inks pact with CSIR-NGRI to bolster critical mineral projects
25 April 2024 6:35 AM GMT
Bhubaneswar, April 24: Khanij Bidesh India Limited (KABIL) signed a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research National Geophysical Research Institute (CSIR-NGRI) to foster a long term collaboration in the field of geophysical investigations to bolster...
Business
Kotak Bank goes into damage-control mode after RBI ban
25 April 2024 6:31 AM GMT
Mumbai, April 25: The top management of Kotak Mahindra Bank has gone into damage control mode after RBI barred the lender on Wednesday from taking new customers online and issuing fresh credit cards with immediate effect. According to reliable sources, Chief Executive Officer and MD Ashok Vaswani...
Business
Will make India our global export hub: Hyundai Motor chief
25 April 2024 6:26 AM GMT
New Delhi/Seoul, April 25: The chief of Hyundai Motor Group recently visited India and laid out a vision to bolster its operations there to utilise the country as a key export hub for the South Korean auto maker, the group said on Thursday. Over the past year, Hyundai Motor Group has announced...
Business
UiPath expands India footprint, launches 2 new data centres
24 April 2024 9:49 AM GMT
New Delhi, April 24: Enterprise automation and AI software company UiPath on Wednesday said that it expanded its footprint in India by launching two new data centres as part of its global expansion initiative. The new data centres launched in Pune and Chennai will help meet the growing demand for...
Business
Delhi NCR closed 29 mega land deals for 314 acres in FY24: Report
24 April 2024 9:46 AM GMT
New Delhi, April 24: Delhi NCR saw 29 land deals for approximately 314 acres in FY24, in comparison to 23 land deals covering nearly 273.9 acres in FY-23, a report showed on Wednesday. Delhi NCR continues to be a hotspot for real estate transactions across various sectors and as in the previous...
Business
PM Modi has lifted 400 million people out of poverty: JP Morgan CEO
24 April 2024 9:43 AM GMT
New Delhi, April 24: Prime Minister Narendra Modi has taken 400 million (40 crore) people out of poverty and is doing an “unbelievable job” in India, Global banking giant JP Morgan Chase chief executive officer (CEO) Jamie Dimon has said. Speaking at an event hosted by the Economic Club of New...
Business
Indian IT services sector to see 2nd consecutive year of muted revenue growth:...
24 April 2024 9:41 AM GMT
New Delhi, April 24: The IT services sector in India is likely to see a second successive year of muted revenue growth, at 5-7 percent in FY25, amid continuing global macro-economic head winds, a report showed on Wednesday. This follows a 12 percent compound annual growth over the decade through...
Business
Metal, PSU stocks lead market gains
24 April 2024 9:37 AM GMT
Mumbai, April 24: Metal stocks are the top sectoral gainers in trade while PSU stocks also posted strong gains on Wednesday. The metal stocks index is up 2.8 percent. SAIL is up 7 percent, NMDC is up 5 percent, while JSW Steel is up 3.7 percent intra-day. PSU stocks are also firm with the...
Business
54 pc Indian workers predict key shift in their roles in next 5 yrs: Report
23 April 2024 11:14 AM GMT
New Delhi, April 23: About 54 percent of employees in India predict a substantial shift in their roles within the next five years, with 95 percent expressing confidence in their ability to adapt to these changes, a report revealed on Tuesday. According to the global matching and hiring...
Business
More than one in five cars sold worldwide is expected to be electric: IEA
23 April 2024 11:08 AM GMT
New Delhi, April 23: More than one in five cars sold worldwide this year is expected to be electric, with surging demand projected over the next decade set to remake the global auto industry and significantly reduce oil consumption for road transport, the new edition of the IEA’s (International...
Business
Lupin launches new generic drug in US market
22 April 2024 10:51 AM GMT
Mumbai, April 22: Pharma major Lupin Limited announced on Monday that it has launched Mirabegron extended release tablets, 25 mg, in the United States market, after having received approval from the United States Food and Drug Administration (U.S. FDA). Mirabegron Extended Release Tablets, 25 mg...
Business
Entrepreneurship is about doing things faster, creating competitive advantage:...
22 April 2024 10:48 AM GMT
New Delhi, April 22: Infosys founder N.R. Narayana Murthy said on Monday that entrepreneurship is just a state of mind and it is not those who start companies that are entrepreneurs, it is all about doing things faster and creating a competitive advantage for yourself, while striving for excellence....
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