Archive Detail
| Title | Description | Posted Date |
|---|---|---|
| Zomato says confident to make profit fro | New Delhi, Sep 29 (TIWN) Online food aggregator Zomato on Wednesday said that its inter-city food delivery will start making profit even at "a slight scale" amid concerns of the service being a logistical nightmare and a high cash-burn model. | 28-Sep-2022 |
| Rise in home loan interest beyond 9.5 % | New Delhi, Sep 29 (TIWN) While the demand for 3BHK houses has outstripped that of 2BHKs for the first time, a Consumer Sentiment Survey said that the rise in home loan interest rate beyond the 9.5 % mark is likely to have a big impact on housing sales. | 28-Sep-2022 |
| Essar Oil UK signs offtake agreement wit | New Delhi, Sep 29 (TIWN): Essar Oil UK, which operates the Stanlow refiner in the UK, on Wednesday announced the signing of an agreement for the supply of 280 MW of hydrogen to Vertex Hydrogen. "The hydrogen will then be used to help decarbonise Essar's existing production facilities," the firm said in a statement. | 28-Sep-2022 |
| EV players welcome govt's decision to de | New Delhi, Sep 29 (TIWN) Electric vehicle (EV) players on Wednesday welcomed the government's decision to defer the implementation of stringent EV battery testing standards, saying it will help Indian battery makers redesign batteries and introduce safe vehicles on the roads. | 28-Sep-2022 |
| Cabinet approves DA hike by 4% | New Delhi, Sep 28 (TIWN) In a festival bonanza for lakhs of Central government employees and pensioners, the Union Cabinet on Wednesday gave its clearance for release of additional instalment of Dearness Allowance and Dearness Relief at 4 per cent. | 28-Sep-2022 |
| FM urges I-T officials to expedite retur | New Delhi, Sep 27 (TIWN) Finance Minister Nirmala Sitharaman on Tuesday urged income tax (I-T) officials to follow the three 'Rs' -- Returns, Refund and Redressal -- to make the system more efficient and people-friendly. | 27-Sep-2022 |
| 63 moons to provide next-gen tech to Ita | New Delhi, Sep 28 (TIWN): 63 moons technologies, a global leader in futuristic technovation and user-friendly digital financial platforms, on Tuesday said it would back and boost Italy-based Spuma SRL with its next-generation technology capabilities and solutions to create a Digital Market ecosystem for revitalised goods in the pan-Europe multi-million-euro project. | 28-Sep-2022 |
| Bank of England 'will not hesitate' to r | London, Sep 28 (TIWN) The Bank of England (BoE) said that it "will not hesitate to change interest rates as necessary" after the British pound plunged to its lowest level against the US dollar since decimalisation in 1971. | 28-Sep-2022 |
| S.Korean telcos raise Galaxy Z Flip 4 su | Seoul, Sep 28 (TIWN) South Korean mobile carriers SK Telecom and KT Corp have raised the amount of subsidies for the high-end model of Samsungs latest foldable smartphone ahead of next month's scheduled launch of new iPhone models in the country, industry sources said on Tuesday. | 28-Sep-2022 |
| Sitharaman criticises states seeking mor | Chennai, Sep 28 (TIWN) Union Finance Minister Nirmala Sitharaman on Monday criticised states seeking greater funds from the Central government on the basis of the fact that they generated more revenue. | 28-Sep-2022 |
| Look for opportunities to buy on dips | New Delhi, Sep 25 (TIWN): The week gone by saw markets gain on the first two days of the week and then lose on the remaining three days. The selling pressure was quite a bit and the losses at the end of the week were substantial. | 25-Sep-2022 |
| Elon Musk allowed to make a case regardi | San Francisco, Sep 25 (TIWN) In a minor win for Tesla CEO Elon Musk, a US court has allowed his legal team to make a case that a $7.75 million severance payment to Peiter 'Mudge' Zatko, Twitter's former head of security, allows him to terminate the $44 billion takeover deal. | 25-Sep-2022 |
| NSE phone tapping case: CBI arrests ex-M | New Delhi, Sep 25 (TIWN) The Central Bureau of Investigation (CBI) have arrested former Mumbai Police Commissioner Sanjay Pandey in connection with a case pertaining to alleged phone tapping of National Stock Exchange (NSE) employees between 2009 and 2017. | 25-Sep-2022 |
| NFT startups shun Apple App Store due to | San Francisco, Sep 25 (TIWN) Non-fungible token (NFT) trading startups do not want to sell their offerings through Apple App Store because 30 per cent commission on in-app purchases, and other tough rules, will bleed them out. | 25-Sep-2022 |
| Samsung's Q3 earnings outlook grim amid | Seoul, Sep 25 (TIWN) The third-quarter earnings outlooks for Samsung Electronics and SK hynix, the world's top two leading chip manufacturers, remain largely grim due to a recent fall in global demand for memory chips, an industry data analysis showed on Sunday. | 25-Sep-2022 |
| Floods turn Pakistanis into globe-trotte | Islamabad, Sep 23 (TIWN) Floods may or may not be God-given. Pakistan claims they are the result of climate change to which its contribution is negligible. But they seem God-sent for their political class. Those in the government have taken to globe-trotting, trying to canvas relief. They visit the very Christian world that they otherwise vilify. Nobody talks of Islamophobia and by the way, self-respect. | 23-Sep-2022 |
| Boeing to pay $200mn to settle charges o | Chicago, Sep 23 (TIWN) US aerospace major Boeing will pay $200 million and its former CEO will pay $1 millions to settle charges over misleading investors after the two deadly crashes involving 737 MAX planes, the Securities and Exchange Commission (SEC) said. | 23-Sep-2022 |
| Short-term rates rise multi-year high as | Mumbai, Sep 22 (TIWN) Rates on short-term instruments such as commercial papers, Certificate of deposit and treasury bills rose sharply in last few weeks after the liquidity in the banking system slipped into a deficit post remaining in huge surplus. | 22-Sep-2022 |
| Rupee falls 88 paise to close at all-tim | Mumbai, Sep 22 (TIWN) The rupee depreciated 88 paise to close at an all-time low of 80.86 against the US dollar after the US Federal Reserve hiked interest rates and dropped hint that more were to come in its war against inflation. | 22-Sep-2022 |
| Air India and Willis Lease ink agreement | New Delhi, Sep 22 (IANS) Air India has signed a definitive sale and lease back agreement with Willis Lease Finance Corporation for 34 CFM56-5B engines installed on its Airbus A320 family fleet. | 22-Sep-2022 |
| Fintech platform Mintoak enabling banks | New Delhi, Sep 22 (TIWN): India’s fintech market is expected to reach $1 trillion by 2030, from $31 billion in 2021, according to Chief Economic Advisor Dr V. Anantha Nageswaran. As the fintech industry aims to reach new horizons, Mintoak, a homegrown embedded fintech platform is enabling banks to digitally empower their merchant ecosystem by powering digital payments and financial services. | 22-Sep-2022 |
| IndiGo starts direct flights between Mum | New Delhi, Sep 22 (TIWN) IndiGo, India's leading carrier, has started new daily direct flights between Mumbai and Ras Al-Khaimah (United Arab Emirates) from Thursday. | 22-Sep-2022 |
| New Data Protection Bill to augment effi | New Delhi, Sep 19 (TIWN) The Centre on Monday said that the new draft of the data protection bill is being prepared to augment efficient usage of data since it would largely be used by the industry. | 19-Sep-2022 |
| SBI to raise upto Rs 4,000 cr via Basel- | Mumbai, Sep 19 (TIWN) The State Bank of India (SBI) has planned to raise up to Rs 4,000 crore, which includes Rs 2,000 crore in greenshoe through Basel-III Tier-II bonds maturing in 15-years, dealers said. | 19-Sep-2022 |
| Indonesia fast-tracks visa on arrival se | New Delhi, Sep 19 (TIWN): VFS Global on Monday announced to enter into an exclusive agreement with TLP, the Immigration Department for Indonesia and Bank Mandiri, to provide online pre-payment of fees, fast-track access and concierge services to international passengers, comprising Indians, upon arrival in Jakarta. | 19-Sep-2022 |
| After 12 years, TINA mindset for global | New Delhi, Sep 19 (TIWN) Tighter policy rates are now scrambling the mindset that 'There Is No Alternative' (TINA) to equities, Morgan Stanley said in a report. | 19-Sep-2022 |
| Most Indian won't use print-out at home | New Delhi, Sep 19 (IANS) Only 14 per cent of consumers in India would use 10-minute delivery platforms to get print-outs delivered at home, a report said on Monday, as Zomato-owned Blinkit recently started printout on demand service in the country. | 19-Sep-2022 |
| Markets awaiting FED hike | New Delhi, Sep 18 (TIWN): Markets in the week gone by had a torrid time and one heard people talking of the fact that we had de-coupled with the US Markets one more time. Fortunately, this talk of decoupling lasted a mere 24 hours and it disappeared as quickly as it had begun. | 18-Sep-2022 |
| Sparkling bright or a dark Diwali? Firew | Chennai, Sep 18 (TIWN) Is it going to be a sparkling bright or dark Diwali is the question that is being asked by the fireworks industry for the past couple of years. | 18-Sep-2022 |
| How private 5G, satellite internet servi | NEW DELHI, Sep 18 (TIWN): As players like Elon Musk's SpaceX, Hughes Communications India (along with ISRO) and Amazon ramp up efforts to provide affordable internet services via low-earth orbit (LEO) satellites, the business model and pricing will be a challenge for scaling up networks, according to a new report. | 18-Sep-2022 |
| Sparkling bright or a dark Diwali? Firew | Chennai, Sep 18 (TIWN) Is it going to be a sparkling bright or dark Diwali is the question that is being asked by the fireworks industry for the past couple of years. | 18-Sep-2022 |
| China's chip output shrinks as India, US | New Delhi, Sep 18 (TIWN) As India and the US double down on domestic semiconductor manufacturing, China witnessed its biggest-ever monthly decline in chip manufacturing in August owing to Covid restrictions and weakening demand. | 18-Sep-2022 |
| Indigo far ahead of other airlines with | New Delhi, Sep 17 (TIWN) Indigo flew ahead of other airlines during August with 57.7 per cent share in the domestic aviation sector, while Vistara secured the second slot with a market share of 9.7 per cent. | 17-Sep-2022 |
| Finance Minister urges banks to 'profess | New Delhi, Sep 17 (TIWN) Finance Minister Nirmala Sitharaman on Friday directed banks to "professionalise" their decision making boards, making it clear that they cannot be run with a "crony background". | 16-Sep-2022 |
| British pound slumps to a 37-year low | London, Sep 16 (TIWN) The British pound slumped to a 37-year low on Friday after new data showed that shoppers are pulling back spending as inflation squeezes household budgets, underscoring fears that the economy may already be shrinking, media reports said. | 16-Sep-2022 |
| PM to inaugurate NE's biggest power plan | Itanagar, Sep 16 (TIWN): Prime Minister Narendra Modi, responding to Arunachal Pradesh Chief Minister Pema Khandu's request, has agreed to inaugurate 600 MW Kameng Hydro Electric Project. This is northeast India's largest power plant and the region's first greenfield airport at Itanagar, officials said on Friday. | 16-Sep-2022 |
| Domestic air traffic soars in August | New Delhi, Sep 16 (TIWN) Domestic air traffic in August recorded a strong growth as nearly 1.01 crore passengers travelled during the month in the country as against 67.01 lakh in the same period last year, said the Directorate General of Civil Aviation (DGCA) on Friday. | 16-Sep-2022 |
| Indices trading down; Sensex falls over | Mumbai, Sep 16 (TIWN) Equities market was falling sharply on Friday during the afternoon trade due to heavy sell-off in IT, PSU Banks, Auto stocks following weak Asian markets on concerns of global recession, dealers said. | 16-Sep-2022 |
| App loan fraud: ED recovers documents, s | New Delhi, Sep 16 (TIWN): The Enforcement Directorate (ED) on Friday said that it carried out search operations on September 14 at multiple locations in connection with an investigation related to the app-based token, named HPZ and related entities and seized Rs 46 crore and several documents. | 16-Sep-2022 |
| Equities end down amid sell-off in globa | Mumbai, Sep 14 (TIWN) The Indian equity market ended down on Wednesday following the sharp sell-off in the global market, dealers said. | 14-Sep-2022 |
| India aims to leapfrog in quantum techno | Mumbai, Sep 14 (TIWN): As India embarks on its Techade journey, the government aims to build capabilities in quantum and high performance computing with the help from industry leaders like IBM, Minister of State for Electronics and IT (MoS IT) Rajeev Chandrasekhar said on Wednesday. | 14-Sep-2022 |
| Moonlighting not ethically right for fu | Mumbai, Sep 14 (TIWN) Amid the brouhaha over moonlighting in India, Cloud Major IBM on Wednesday made it clear that the practice is not ethical and the company does not promote such behaviour at workplace. | 14-Sep-2022 |
| Studies find online rummy suicides in TN | Chennai, Sep 14 (TIWN) As the issue around online rummy becomes a highly political issue in Tamil Nadu, two independent studies have found that suicides in the state in the last one year attributed to playing of online rummy are highly exaggerated. | 14-Sep-2022 |
| Twitter shareholders approve Musk's $44 | San Francisco, Sep 14 (TIWN) Twitter shareholders on Tuesday voted to approve Tesla CEO Elon Musk's $44 billion takeover bid. | 14-Sep-2022 |
| Indices end higher; Sensex above 60,000, | Mumbai, Sep 13 (TIWN) Benchmark indices ended higher with Sensex and Nifty both closing over 60,000 and 18,000 respectively, due to firm inflows from foreign investors and improving macro parameters. | 13-Sep-2022 |
| HCL lays off 350 employees working on Mi | New Delhi, Sep 13 (TIWN) Amid tough global market conditions, tech giant HCL Technologies has reportedly laid off 350 employees globally, including in India, Guatemala and the Philippines, who were working on a Microsoft news project, media reports said. | 13-Sep-2022 |
| Swiggy offers free skill-based learning | Bengaluru, Sep 13 (TIWN) Online food delivery platform Swiggy on Tuesday announced a skill initiative to offer free learning opportunities to thousands of delivery executives and their children. | 13-Sep-2022 |
| Bond yields fell on hope of Indian notes | Mumbai, Sep 13 (TIWN) The Indian bond yields fell sharply during early trade on Tuesday on hope that the Indian notes will get included in the global bond index. | 13-Sep-2022 |
| Challenges persist as govt tries hard to | Chennai, Sep 11 (TIWN): Flat or decreasing exports, increasing imports due to pent up demand in the domestic market, depreciating rupee, hike in commodity prices including oil, geopolitical situations, restrictions on exports are the major reasons cited by experts for India's increasing trade deficit. | 11-Sep-2022 |
| Excise duties on petrol, diesel zoomed u | New Delhi, Sep 11 (TIWN) Excise duty on petrol went up by a huge 194 per cent while on diesel it rose by a stupendous 512 per cent between 2014-15 and 2021-22 even as crude oil prices remained below $80 per barrel between 2015-16 and 2021-22, thus burdening the common man. | 11-Sep-2022 |