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Kolkata: US Consulate, KIIT Technology Business Incubator join to host three-day Regional Startup Network workshop

Kolkata: The US Consulate Kolkata collaborated with KIIT Technology Business Incubator to host a three-day 'Regional Startup Network (RSN)' advanced workshop at the American Center, starting on Thursday, to build entrepreneurial capacities of select startups from India, Nepal, Bhutan, and Bangladesh.

Vee Technologies’ Venkat Umakanth is the SMB CTO of the year

Bengaluru: IT veteran Venkatraman Umakanth, Senior Vice President, Vee Technologies has been named as the ‘Small and Medium Business CTO of the Year’ at the IT4SMB summit that highlighted the changing landscape of technology and its transformational power held at Bengaluru recently.

Essar Project chosen Vertex Hydrogen project by the UK govt

Mumbai/London: Essar Energy Transition’s (EET) Vertex Hydrogen project has been chosen as part of one of the two hydrogen plants that will bolster the UK’s hydrogen economy.

Agri exports grow 6.04% y-o-y in last 10 months to $43.37 billion

New Delhi: India’s agricultural export registered an increase of 6.04% to $43.37 billion during April 2022 to January 2023 compared to the same period in the previous fiscal.

Russia's Rosneft and Indian Oil Corp ink deal to boost oil supply and diversify grades

Moscow/IBNS: Rosneft, the Russian energy company, revealed a new agreement Wednesday to increase its oil exports to India, in an effort to find alternative markets due to the strained relations with Western countries over the Ukraine conflict.

Govt to borrow Rs 8.8 lakh crore in the first half of FY24

New Delhi: The government has decided to borrow Rs 8.8 lakh crore via bonds from the market in the first half of the financial year 2023-24 starting April 1.

Jindal Steel and Power approaches Delhi HC against Odisha coal block auction

Delhi: Jindal Steel and Power has approached the Delhi High Court against the grant of an Odisha coal block alleging that it was “unfairly” prevented from filing a higher bid, media reports said.

Rs 158 crore TDS collected from transfer of Virtual Digital Assets

New Delhi/IBNS: Tax deducted at source on payments made upon transfer of Virtual Digital Assets (VDA) stood at Rs 157.9 crore as of March 20 for FY23, according to the Ministry of Finance.

ZEEL settles dispute with IndusInd Bank making way for Zee-Sony merger

Mumbai: The merger of ZEEL and Sony has moved a step forward as Zee Entertainment has settled the dispute over the dues with private sector lender IndusInd Bank, media reports said.

Public sector banks recovered 14% of written-off loans in last 5 years: FM Sitharaman

New Delhi: Public sector banks could get back only 14 percent of the written-off loans in the last five years ending March 2022, Parliament was informed on Tuesday.

Jindal Stainless buys 49% stake in Indonesia-based nickel pig iron company

Mumbai: Jindal Stainless Ltd (JSL) has entered into a collaboration agreement (Collaboration Agreement) with New Yaking Pte. Ltd. in Indonesia to ensure the long-term availability of nickel.

Ajay Singh takes over as ASSOCHAM President; Sanjay Nayar as Senior Vice-President

Kolkata: Ajay Singh, Chairman & Managing Director of SpiceJet, India’s leading airline, has taken over as President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM).

Vee Technologies appoints Bhupendra Joshi as CHRO

Bengaluru: Bengaluru and New York co-headquartered IT services firm Vee Technologies has appointed Bhupendra Joshi as its new Chief Human Resources Officer (CHRO).

Microsoft-owned GitHub sacks over 140 Indian staff: Reports

Los Angeles: Microsoft-owned  GitHub is the latest tech company that has fired more than 140-member strong entire engineering team in India.

Sensex surges over 200 points

Mumbai/UNI: The BSE Sensex on Wednesday rallied 221.22 points at 57,834.94 in opening trade as buying was seen in Commodities, FMCG, IT and Consumer Discretionary Good and Services stocks.

Pepsi unveils new logo, visual identity

New York: Iconic global brand Pepsi has unveiled a new logo and visual identity system, the first update of the iconic Pepsi globe logo in 14 years.

NTPC Renewable Energy Limited signs Term Sheet with Greenko ZeroC Pvt Ltd to Supply Round the Clock RE Power of 1300 MW Capacity for its Green Ammonia Plant

Mumbai: NTPC Renewable Energy Ltd, a wholly owned subsidiary of NTPC Green Energy Limited, has signed Term Sheet with Greenko ZeroC Pvt Ltd (A Greenko Group Company) on Tuesday to Supply 1300 MW Round the Clock RE Power for powering Greenko’s upcoming Green Ammonia Plant at Kakinada, India.

SBI launches its Coffee Table Book – The Banker to Every Indian

Mumbai: The State Bank of India (SBI) has announced the launch of its coffee table book ' The Banker to Every Indian' which celebrates 75 years of Indian independence and SBI's glorious 200-year history.

Hitachi Payment Services appoints Sumil Vikamsey as the new Managing Director

Mumbai: Hitachi Payment Services has announced the appointment of Sumil Vikamsey as its new Managing Director, in addition to his responsibilities as the Chief Executive Officer - Cash Business.

Indian Market: Sensex recovers 126.76 pts

Mumbai: Snapping a negative trend of last two sessions, the BSE Sensex on Monday rose 126.76

First Citizens Bank enters into whole bank purchase of Silicon Valley Bridge Bank

Raleigh First-Citizens Bank & Trust Company, a subsidiary of Raleigh-headquartered First Citizens BancShares, Inc., announced on Monday that it has entered into an agreement with the Federal Deposit Insurance Corporation (FDIC) to purchase out of FDIC receivership substantially all loans and certain other assets, and assume all customer deposits and certain other liabilities of Silicon Valley Bridge Bank.

Indian Market: Sensex recovers over 100 pts

Mumbai: The BSE Sensex recovered 125 points at 57,652.23 in opening trade on Monday as fresh buying was seen in Realty, Banjex stocks.

NALCO-BARC release India’s 1st Bauxite Certified Reference Material

New Delhi: National Aluminium Company Limited (NALCO) has successfully developed a Bauxite Certified Reference Material (CRM) naming as BARC B1201 in joint collaboration with Bhabha Atomic Research Centre (BARC).

Manipur: State Minister flags off 7.5 tonnes of 'Bird’s Eye Chilli' to USA

Imphal: Manipur's State Agriculture Minister C. Lalrinsanga recently flagged off  7.5 tonnes of Bird’s Eye Chilli (Mizo Chilly, GI), which is harvested by farmers from southern Mizoram- Lunglei, Siaha and Lawngtlai, to the USA.

Intel co-founder Gordon Moore dies

California: Intel and the Gordon and Betty Moore Foundation has announced that company co-founder Gordon Moore has passed away at the age of 94.

RBI announces dates for first MPC meeting for FY24

Mumbai/IBNS: The Reserve Bank of India on Friday released the schedule of the meeting of its Monetary Policy Committee (MPC) for the upcoming financial year (FY24).

RIL appoints Srikanth Venkatachari as new CFO

Mumbai/IBNS: Reliance Industries Limited (RIL) has appointed Srikanth Venkatachari as the new Chief Financial Officer, the company said in a press release on Friday.

Jio-bp to set up EV charging stations at Piramal Realty's residential projects in Mumbai

Mumbai/IBNS: Jio-bp, a joint venture between Reliance Industries for fuel retailing, will set up EV charging facilities in all residential projects of Piramal Realty in the Mumbai Metropolitan Region, the companies said in a statement.

LPG subsidy: Union Cabinet extends Ujjwala subsidies by 1 year

New Delhi/IBNS: The Centre has decided to extend the subsidy of Rs 200 per cylinder provided under the Pradhan Mantri Ujjwala Yojana by one more year, Union Minister of Information & Broadcasting Anurag Singh Thakur said on Friday.

India has 6,586 operational Public EV Charging Stations

New Delhi/IBNS: There are 6,586 operational public EV charging stations in India as of March 1, 2023, according to the Bureau of Energy Efficiency (BEE).