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Video streaming company Vimeo to cut staff by 11 pc due to 'uncertain economic environment'

New York/IBNS: Video hosting company Vimeo will lay off 11 percent of its employees amid “an uncertain economic environment” to invest in our growth priorities and be sustainably profitable, the company’s CEO Anjali Sud said in a blog post.

Airtel 5G Plus now live in 4 cities of Haryana

Hissar: Telecommunication major Bharti Airtel on Friday announced the launch of its cutting edge 5G services in Hissar and Rohtak.

Celebi India gears up to provide ground services at Manohar International Airport, Goa

Goa/IBNS: Celebi India commenced ground-handling services in Goa with the opening of Manohar International Airport (MIA) at Mopa, North Goa.

$1-billion tax imposed on retail giant Walmart for PhonePe relocation to India: Report

New Delhi: The Indian government has imposed a tax of $ 1 billion on Walmart and digital payments company PhonePe for shifting the latter’s base to India from Singapore, Bloomberg reported.

Hindustan Copper signs MoU with IIT (ISM), Dhanbad for technical collaboration

Kolkata/IBNS: Hindustan Copper Limited and the Indian Institute of Technology (Indian School of Mines), Dhanbad signed a Memorandum of Understanding (MoU) for collaborative and sponsored research projects in Kolkata.

Govt approves Rs 19,000 cr National Green Hydrogen Mission

New Delhi/IBNS: The Union Cabinet Wednesday approved the National Green Hydrogen Mission with an initial outlay of Rs 19,744 crore to boost green hydrogen production capacity in the country to at least 5 MMT (Million Metric Tonne) per annum by 2030.

Android abuse: Big setback for Google as NCLAT refuses interim stay on CCI order

New Delhi: The National Company Appellate Tribunal (NCLAT) rejected Google’s plea seeking an interim stay on CCI’s order directing the US-based tech giant to change its business model in India, media reports said.

Reliance Retail acquires 50 pc stake in Gujarat-based Sosyo Hajoori Beverages

MumbaiIBNS: Reliance Consumer Products (RCP), the FMCG arm of Reliance Retail Ventures (RRV), Tuesday said that it will acquire a 50 percent stake in Gujarat-based Sosyo Hajoori Beverages, the owner of soft drink brand Sosyo.

ICICI Bank launches digital solutions for exporters

New Delhi: ICICI Bank on Wednesday announced the launch of digital solutions for exporters, a comprehensive set of banking and value-added services on a single platform.

Interest on General Provident Fund remains unchanged at 7.1 pc

New Delhi: The government has not altered the interest rate on General Provident Fund (GPF) and will remain effective till at least March 31, 2023, media reports said.

Coal output touches 607.97 MT during Apr-Dec 2022

New Delhi/IBNS: India’s coal production increased by 16.39 percent to 607.97 MT during Apr-Dec’22 as compared to 522.34 MT produced during the same period of FY 22, the Ministry of Coal said Tuesday.

Google accuses CCI of copy-pasting European Commission's order on abusing Android dominance: Report

New Delhi/IBNS: Google has accused the Competition Commission of India (CCI) of copying parts of a European ruling against the U.S. firm for abusing the market dominance of its Android operating system, Reuters reported.

Suhail Sameer resigns as BharatPe CEO

New Delhi: BharatPe CEO Suhail Sameer has stepped down from his post and will work as the strategic adviser to the company.

NTPC starts India’s first green hydrogen blending operation in PNG network

New Delhi: Country’s largest power generator, NTPC Ltd commissions India's first green hydrogen blending project.

Mahindra’s Farm equipment sector sells 21,640 units in India during December

Mumbai: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, on Tuesday announced its tractor sales numbers for December 2022.

Ducati announces 9 new motorcycles and 2 new showrooms for India in 2023

New Delhi: Luxury motorcycle brand Ducati on Tuesday announced 9 new motorcycles and 2 new showrooms for India in 2023.

Yes Bank partners with Microsoft to transform mobile banking experience

New Delhi: Yes Bank announced that it has partnered with Microsoft to bring forth a next generation mobile application (app) with a view to provide customers with a personalised banking experience.

Bandhan Bank unveils its brand campaign

Mumbai: Bandhan Bank, one of the fastest-growing banks in the country, on Tuesday launched its integrated marketing campaign featuring the Bank’s brand ambassador Sourav Ganguly.

WardWizard sells more than 43k units of electric two-wheelers in CY 2022

Mumbai: Keeping up with its growth momentum, WardWizard, a leading manufacturer of electric two-wheeler brand ‘Joy e-bike, zooms into the new year with a 131.6% hike in sales in CY 2022 (Jan –Dec 2022).

Zomato co-founder Gunjan Patidar quits

Bengaluru: Online food delivery platform Zomato Limited on Monday said its Co-Founder and Chief Technology Officer Gunjan Patidar has resigned from the post.

Microsoft celebrates Future Ready Champions of Code with over 100K developers, technology enthusiasts

Kolkata/IBNS: Microsoft Monday announced that over 100,000 developers participated in the Future Ready Champions of Code program to receive Microsoft certifications.

Jammu and Kashmir undergoing revolution in vegetable sector

Srinagar: A change is taking place in Jammu and Kashmir's vegetable sector  through precision farming intervention which will double the gross output of vegetables from Rs 3982.50 Cr to Rs 8021.25 crore per year, media reports said on Monday.

Volkswagen India registers a 58 pct annual growth in its sales performance in 2022

Mumbai: Volkswagen Passenger Cars India has registered a strong annual sales performance with a growth of 58% in 2022 (vs. 2021).

Mahindra Auto Dec 2022 sales grow by 45 pc

Mumbai: Auto major, Mahindra & Mahindra (M&M ) on Monday reported a rise of 45 per cent in its overall auto sales for the month of December 2022 at 56,677 vehicles as compared with 39157 vehicles sold in December 2021.

Assam employment: More than 400 women from Puthimari generate Rs 25 lakh income from farming

Tezpur: More than 400 women in Assam's  Puthimari area are generating  Rs 25 lakhs turnover in a single year by practising agricultural activities in nearly 1000 bighas of farm land.

Toyota Kirloskar Motor clocks highest calendar year wholesales in the last 10 years

Bangalore: Toyota Kirloskar Motor on Sunday announced its total wholesales for the calendar year (CY) 2022 at 160,357 units, thereby making it the highest wholesales in the last 10 years.

MG Motor India reports retail sales of 3899 units in December

Gurugram: Automobile giant MG Motor said its retail sales for the month of December 2022 were recorded at 3899 units, which is a 53% growth over the corresponding figures for December 2021.

Tata Motors registered total sales of 2,28,169 units in Q3FY23

Mumbai: Automobile major Tata Motors Limited on Sunday announced its sales in the domestic and international market, for Q3FY23, which stood at 2,28,169 units, compared to 1,99,634 units during Q3FY22.

Gross GST collection in December up 15 pc YoY

New Delhi: The gross GST collection registered an increase of 15 per cent year-on-year (YoY) to Rs 1,49,507 crore in December 2022, government data released on Sunday showed.

We are receiving the highest ever FDI flows in our history: S Jaishankar

Nicosia: India's External Affairs Minister S Jaishankar, who is on a visit to Cyprus, on Friday said reforms measures taken by Prime Minister Narendra Modi-led government during the peak of the COVID pandemic have resulted in the highest-ever FDI flows in the country’s history.