Archive Detail
| Title | Description | Posted Date |
|---|---|---|
| Global and domestic acquisitions marked | Chennai, June 30 (TIWN) The FY22 for the Rs 54,722 crore Murugappa group was marked by several acquisitions, global and domestic, the group said on Thursday. | 30-Jun-2022 |
| Over 60K startup employees stare at job | New Delhi, June 30 (TIWN) As startups in India keep firing their staff to navigate through the 'funding winter' and more than 60,000 can lose their jobs in 2022 alone, the country is preparing to welcome 200 unicorns in the next four years. | 30-Jun-2022 |
| Modi to gift new projects to Varanasi in | Varanasi, June 30 (TIWN) Varanasi will receive 13 new projects worth Rs 1,200 crore when Prime Minister Narendra Modi visits his parliamentary constituency in July. | 30-Jun-2022 |
| Unbranded packaged foods to be brought u | Chennai, June 30 (TIWN) Unbranded pre-packaged food items, hotels with room rent less than Rs 1,000 to be brought under the Goods and Services Tax (GST) net seems to be the decision of the GST Council. | 30-Jun-2022 |
| GI tag to J&K saffron and promotion of K | Srinagar, Jun 30 (TIWN): The J&K government has launched new initiatives to promote the marketing and export of specific products from the union territory. Geographical Indication (GI) tagging is also one such initiative which would go a long way in marketing and exporting specific products like saffron. | 30-Jun-2022 |
| BYJU's says Aakash acquisition process o | New Delhi, June 29 (TIWN) Edtech giant BYJU's on Wednesday said that the $1 billion acquisition process of Aakash Educational Services is on track and is expected to be completed by August. | 29-Jun-2022 |
| Not all capital is equal: Tech Funding f | New Delhi, Jun 29 (TIWN): Public spats have marred investor-founder relationships in 2022. Take the case of Amsterdam-based investor Gergely Orosz versus Invact CEO Manish Maheshwari in May 2022. Or Trell, where the founders claimed that investors have looked to bully them. The controversies at Zilingo and BharatPe have been public too. This begs the question -- what makes the founder -- investor equation click? | 29-Jun-2022 |
| Japan's Renesas joins Tata Motors to bui | Tokyo/New Delhi, Jun 29 (TIWN): Japanese Renesas Electronics Corporation, a leading supplier of advanced semiconductor solutions, on Wednesday announced a strategic partnership with Tata Motors and Tejas Networks Ltd (a Tata Group company) to design, develop and manufacture semiconductor solutions. | 29-Jun-2022 |
| 87% of Indian firms to hike their AI spe | New Delhi, June 28 (TIWN) Nearly 87 per cent of enterprises in India are likely to increase annual artificial intelligence (AI) spending by more than 10 per cent in the next three years, a new report showed on Tuesday. | 28-Jun-2022 |
| Jio, DigiBoxx to develop innovative data | Bengaluru, June 28 (TIWN) Jio Platforms on Tuesday announced that it is collaborating with domestic file storage and sharing platform DigiBoxx to develop innovative data storage solutions and further meet the cloud consolidation needs of Jio's existing and future consumer base. | 28-Jun-2022 |
| India continues to grapple with 'severe | New Delhi, June 28 (TIWN) India is continuing to grapple with a "severe and protracted" power crisis after a sustained surge in global coal prices in late-2021 was further aggravated by Russia's invasion of Ukraine in February, S&P Global Commodity Insights said. | 28-Jun-2022 |
| Cloud technology helping us deliver mean | New Delhi, Jun 28 (TIWN): As the Indian fintech industry embraces Cloud-based technologies for the credit cards, buy now, pay later (BNPL) and credit EMIs market to deliver delightful experiences to the customers, Uni Cards with its unique offerings has created a niche space among the Indian users. | 28-Jun-2022 |
| Pallonji Mistry, father of Cyrus Mistry, | Mumbai, June 28 (TIWN) Pallonji Shapoorji Mistry, the billionaire realtor and industrialist, and Chairman Emeritus of the venerable Shapoorji Pallonji Group, passed away at his home here late last night, official sources said here on Tuesday. | 28-Jun-2022 |
| Hyderabad Airport sees highest passenger | Hyderabad, June 27 (TIWN) Hyderabad International Airport had the highest international passenger recovery, during 2021-22 compared to other metro airports in India. | 27-Jun-2022 |
| Bajaj Auto to buyback shares at Rs 4,600 | Chennai, June 27 (TIWN) The board of Bajaj Auto Ltd on Monday approved the proposal for buyback of fully-paid equity shares from non-promoter shareholders and persons in control of the company from the open market for a price not exceeding Rs 4,600 per share. | 27-Jun-2022 |
| Stablecoins not stable, have 'no role' a | New Delhi, June 27 (TIWN): As cryptocurrencies get hammered in the economic meltdown, stablecoins -- whose value is pegged to another asset like a fiat currency or a commodity -- are also bad investments and are ill-suited as a form of money, Siddharth Tiwari, the Asia-Pacific head of the Bank of International Settlements (BIS), has said. | 27-Jun-2022 |
| Indian Banks to post larger increase in | Chennai, June 27 (TIWN) Credit rating agency Moody's Investors Service on Monday said banks in India, Saudi Arabia and South Africa would post larger increases in margins in FY23. | 27-Jun-2022 |
| 100 more employees quit Trell as creator | New Delhi, June 27 (TIWN) Lifestyle social commerce platform Trell has seen another wave of employee exodus as it struggles to pay creators in the country. | 27-Jun-2022 |
| Crypto exchange FTX acquiring stake in B | San Francisco, June 26 (TIWN) Leading crypto change is reportedly acquiring a stake in the beleaguered crypto lending firm BlockFi, as the crypto industry faces meltdown. | 26-Jun-2022 |
| 14K employees participate in Adani Found | Ahmedabad, June 26 (TIWN) On Adani Group Chairman Gautam Adanis 60th birthday, a record 14,000 Adani employees donated blood at various locations across the country. | 26-Jun-2022 |
| Insurance CEOs to meet IRDAI Chairman to | Chennai, Jun 26 (TIWN): More regulatory relaxations, consolidation of the regulations, corporatisation of Insurance Information Bureau of India (IIBI), formation of a common software platform for health claims are some the matters that will be discussed by the CEOs of the insurance companies with the sectoral regulator, said industry sources. | 26-Jun-2022 |
| China warns investors as Bitcoin heading | Beijing, June 26 (TIWN): As cryptocurrencies reel under the global downturn, Chinese state-run newspaper Economic Daily has warned investors that the price of leading cryptocurrency Bitcoin is "heading to zero". | 25-Jun-2022 |
| Bitcoin trading platform Bitpanda lays o | New Delhi, June 26 (TIWN) Global Bitcoin trading platform Bitpanda has laid off 250 employees amid the crypto winter as digital coins crash. | 25-Jun-2022 |
| KTR pitches Telangana to Foxconn | Hyderabad, June 24 (TIWN) Telangana Industries Minister K.T. Rama Rao on Thursday invited Foxconn to invest in the state. | 24-Jun-2022 |
| Indian auto ancillaries moving towards E | Chennai, June 23 (TIWN) Sensing a global opportunity in the electric vehicles (EV) segment, Indian automotive ancillaries are shifting gears in sync with the trend, said a top industry sector official. | 23-Jun-2022 |
| Edtech platform MasterClass cuts 20% of | New Delhi, June 23 (TIWN) As edtech platforms continue to lay off employees in India, US-based celebrity-driven learning provider MasterClass has announced it is reducing its workforce by 20 per cent. | 23-Jun-2022 |
| SPIEF 2022 Energy panel session: New glo | St Petersburg, June 23 (TIWN) The severe sanctions against Russia for the operation in Ukraine are causing dramatic changes in the global economy and the oil market. | 23-Jun-2022 |
| Chaayos raises $53 mn to expand stores, | New Delhi, June 23 (TIWN) Leading "chai" (tea) cafe chain Chaayos on Thursday announced it has raised $53 million in Series C funding led by Alpha Wave Ventures. The company said it will use the money for tech-enhancement, hiring and store expansion. | 23-Jun-2022 |
| PSU insurance unions reject wage revisio | Chennai, June 23 (TIWN) The long pending wage revision talks between the General Insurers' (Public Sector) Association of India (GIPSA) and the various employee unions have begun in a bad taste. | 23-Jun-2022 |
| Meta agrees to stop algorithmic discrimi | San Francisco, June 22 (TIWN) Meta (formerly Facebook) has agreed to settle a lawsuit with the US government that accused the social network of engaging in discriminatory advertising for housing on its platform. | 22-Jun-2022 |
| DTTDC tender dispute: Ex-SC Judge Madan | New Delhi, June 21 (TIWN) Former Supreme Court Judge, Justice Madan B. Lokur has been appointed arbitrator in a dispute over a contract between Delhi Tourism and Transportation Development Corporation Ltd (DTTDC) and a partnership firm K.B.G. Engineers. | 22-Jun-2022 |
| Amazon names Herrington as CEO of Worldw | San Francisco, June 22 (TIWN) Tech giant Amazon has announced that Doug Herrington will become the new Chief Executive Officer (CEO) of the company's Worldwide Amazon Stores business, formerly known as "Consumer". | 22-Jun-2022 |
| Renewable energy auctions to attract lar | New Delhi, June 22 (TIWN): Large developers in the renewable energy sector have enough options to boost returns even as challenges mount and will fight aggressively in the various auctions scheduled in 2022, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) said on Wednesday. | 22-Jun-2022 |
| Wage revision talks in PSU non-life sect | Chennai, June 21 (TIWN) The General Insurers' (Public Sector) Association of India (GIPSA), the lobby body for the four government owned multiline non-life insurers, will begin the wage revision talks with the unions on Wednesday. | 21-Jun-2022 |
| 3 banks duped of Rs 150 cr by 'Tamasha' | Mumbai, June 21 (TIWN) Three prominent Indian banks have been taken for a dramatic ride of a total Rs 150 crore by a couple of Indian companies, which have now become nightmarish Non Performing Assets, here recently. | 21-Jun-2022 |
| Shock-absorbing capabilities of Indian r | New Delhi, June 21 (TIWN): Finance Minister Nirmala Sitharaman, while speaking at an event of the Corporate Affairs Ministry as part of the 'Azadi ka Amrit Mahotsav', had said that retail investors seemed to act as "shock absorbers" even when foreign portfolio investors kept their bets away from the Indian equity segment. | 21-Jun-2022 |
| Balancing Act: Domestic funds counter FI | New Delhi, June 21 (TIWN) While FIIs are on a selling spree in the Indian markets, domestic institutions, including mutual funds and insurance companies, have been acting as a buffer, driven by the large inflow of retail money into the stock markets. | 21-Jun-2022 |
| Rice, pulses, oilseeds witness less sowi | New Delhi, June 21 (TIWN) As large parts of India remained monsoon deficit, Kharif 2022 witnessed lesser area under rice, pulses, and oilseeds while only sugarcane area is up compared to 2021 with a decline of 8.66 lakh Hectare in total area sown, government data said on Saturday. | 21-Jun-2022 |
| Swiggy 'deactivates' delivery executive | New Delhi, June 19 (TIWN) After a woman shared 'creepy' messages like "miss you lot," from a Swiggy agent who delivered groceries at her doorstep, the company on Saturday said that the delivery executive has been 'deactivated' from the platform upon investigation. | 19-Jun-2022 |
| Even amid pullout, FIIs have raised thei | New Delhi, June 18 (TIWN) Foreign investors pulling out money from the Indian equity segment had made several headlines in the recent months. | 18-Jun-2022 |
| Another Pure EV e-scooter catches fire, | New Delhi, June 18 (TIWN) As the electric vehicle (EV) industry awaits new government quality-centric guidelines, another e-scooter belonging to Pure EV went into flames in Gujarat. | 18-Jun-2022 |
| Oil meals exports in May 2022 report 12% | New Delhi, June 18 (TIWN): At 2,55,453 tonne in May 2022 compared to 2,28,319 tonne in May 2021, the export of oil meals for May 2022 has provisionally reported a hike of 12 per cent even as its overall export during April-May 2022 was reported at 5,89,425 tonne compared to 532,024 tonne that is, a hike by 11 per cent. | 18-Jun-2022 |
| Join Sweden Summit to 'pioneer the possi | New Delhi, June 18 (TIWN) The Swedish government is welcoming business leaders and decision-makers to be part of the Join Sweden Summit on June 20-21 at the Grand Hotel in Stockholm. | 18-Jun-2022 |
| US wheat crop output suffers from drough | Washington, Jun 18 (TIWN): Almost four months after the Russia-Ukraine war impacted the global wheat trade, the world was looking forward to the harvest from the US - the world's fourth largest wheat exporter - but a massive drought has hit the output there with wheat production forecast at 1.18 billion bushels, down 7 per cent from 2021. | 18-Jun-2022 |
| Equity indices settle sharply low, Sense | New Delhi, June 16 (TIWN) Domestic equity benchmark indices declined as the day progressed and settled sharply lower on Thursday as investors evidently feared a looming recession. | 16-Jun-2022 |
| All about 5G spectrum auction; key dates | New Delhi, June 16 (TIWN) The Union Cabinet has approved the telecom department's proposal to conduct an auction through which spectrum will be assigned to the successful bidders for providing 5G services to public and enterprises. | 16-Jun-2022 |
| New industrial policy assures quick clea | Panaji, June 16 (TIWN) State Industries Minister Mauvin Godinho on Thursday launched 'Goa Industrial Growth and Investment Promotion policy' with a focus on the 'faster clearances for faster growth of industry' to boost the industrial sector in the state. | 16-Jun-2022 |
| Hindustan Motors steers market volatilit | New Delhi, Jun 16 (TIWN): Shares of Hindustan Motors have swum against the tide in the past one month and managed to accumulate healthy returns for its investors. | 16-Jun-2022 |
| Korean Air to levy record fuel surcharge | Seoul, June 16 (TIWN) Korean Air is set to impose record fuel surcharges on international routes in July amid soaring jet fuel prices, industry sources said on Thursday. | 16-Jun-2022 |
| India: A bright spot in the global econo | New Delhi ,15th June 2022 (TIWN): The World Economic Forum’s Annual Meeting took place during May 22-26 at Davos, Switzerland. The WEF meet was attended by about 3,000 participants from across the world including 109 from India. In an interview on the sidelines of WEF, Borge Brende, President of the World Economic Forum (WEF) described India as one of the main drivers of the global economy amid post Covid-19 disruptions, further aggravated by the Ukraine War. | 15-Jun-2022 |