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.
Finance
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.
Apple to open two retail stores in India this month, check out details
Tech major Apple on Tuesday announced it will open its two official retail stores in Mumbai and Delhi soon.
IMF cuts India's FY24 growth rate to 5.9 pc
The International Monetary Fund (IMF) has reduced its GDP growth estimate for India for the financial year 2023-24 by 20 basis points to 5.9 percent.
Shapoorji Pallonji Group to raise $2 billion via asset sale in engineering firm: Report
Mumbai: Shapoorji Pallonji Group, owned by billionaire Shapoor Mistry, is contemplating the sale of assets, including a controlling stake in its primary engineering company, that is expected to generate around $2 billion, Bloomberg reported citing sources.
Volvo Car India celebrates delivers 200th Pure Electric XC40 Recharge
Kolkata: Volvo Car India Tuesday announced delivery of its two hundredth all electric XC40 Recharge, the company said in a press release.
NPCI appoints Vishal Kanvaty as CTO
New Delhi/IBNS: National Payments Corporation of India (NPCI) has appointed Vishal Anand Kanvaty as its Chief Technology Officer (CTO), a statement said on Tuesday.
Unified Portal of Central Bureau of Narcotics launched
New Delhi/IBNS: The Central Bureau of Narcotics on Tuesday launched its unified portal as one step solution for the user industry to facilitate the licensing and ExIM authorisations issued by the Bureau.
ICICI Bank introduces EMI facility for UPI payments by scanning QR code
Mumbai: ICICI Bank Tuesday announced that it has introduced an easy EMI facility for UPI payments made by scanning QR code.
FM Sitharaman holds roundtable with investors, biz leaders during US visit
Washington: Finance Minister Nirmala Sitharaman on Monday attended a roundtable meeting with business leaders and investors, co-hosted the by Confederation of Indian Industry (CII) and US-India Business Council in the US Chamber, in Washington, DC.
ONGC's Coal Bed Methane block in Bokaro commissions new Gas Collecting Station
Mumbai: Oil and Natural Gas Corporation Limited (ONGC) on Tuesday has successfully commissioned a new Gas Collecting Station (GCS) in its Bokaro Coal Bed Methane block.
Bank of India launches web-based security MIS Application
Mumbai: Bank of India on Tuesday said it has taken a significant step towards enhancing its security measures by launching a web-based Security MIS (Management Information System) application.
Baskin Robbins launches new Product Portfolio, introduces new dessert categories
Ice cream major Baskin Robbins has announced the launch of a number of product categories and new flavors beginning this summer season.
India's Adani Power begins supplying thermal power to Bangladesh
Godda: Adani Power Limited (APL), a part of the diversified Adani Group, announces the commissioning of its first 800 MW ultra-super-critical thermal power generation unit at Godda in the Jharkhand district of India and begins supplying Bangladesh with 748 MW of power.
Tata Group may complete Wistron’s iPhone plant buyout deal this month: Reports
Bengaluru: Tata Group might soon complete its takeover of Wistron’s iPhone plant in Bengaluru by the end of April.
Modi govt sets rules for export of 'halal certified' meat and meat products
New Delhi: The Centre has issued a clarification on the export of ‘halal certified’ meat and meat products, stating that such items will be given the certification only if they are produced, processed, and packaged in a facility validated by a body accredited by a board of the Quality Council of India.