Archive Detail
| Title | Description | Posted Date |
|---|---|---|
| Friday the 30th, Indian bourses touch ne | Chennai, June 30 : For the second time this week, the two Indian stock markets touched new heights with the Nifty of NSE touching 19,136.15 points and the Sensex of BSE hitting 64,519.89 points on Friday. | 30-Jun-2023 |
| Spending on apps in India to reach Rs 64 | New Delhi, June 30 : With an spurt in the smartphone and internet use, the amount of money spent on apps is projected to reach around $800 billion (Rs 64 lakh crore) in India by 2030, a report showed on Friday. | 30-Jun-2023 |
| US-based firm Plex lays off 20% of workf | San Francisco, June 30 : US-based free streaming app Plex has laid off about 20 per cent of its workforce due to a drop in overall advertising revenue, the media reported. | 30-Jun-2023 |
| As Kerala plans for 5th international ai | Thiruvananthapuram, June 29 : Thiruvananthapuram: Kerala boasts of being the only state in the country with four international airports, while a fifth one at Sabarimala is on the anvil, but the sad fact is the fourth international airport at Kannur is presently having a hand to mouth existence. | 29-Jun-2023 |
| Meta launches $250K Mixed Reality fund f | New Delhi, June 28 : Meta on Wednesday announced a new Mixed Reality (MR) programme in India that includes a grant of $250,000 for the homegrown startups and developers to build apps and experiences. | 28-Jun-2023 |
| WhatsApp Business surpasses 200 mn month | New Delhi, June 27 : Meta (formerly Facebook) on Tuesday announced that WhatsApp Business has surpassed 200 million monthly active users globally, up from 50 million in 2020. | 27-Jun-2023 |
| IRDAI to roll out Risk-Based Supervision | Chennai, June 27 : The Insurance Regulatory and Development Authority of India (IRDAI) on Tuesday said it would roll out Risk-Based Supervision (RBS) on pilot basis next month. | 27-Jun-2023 |
| Odisha CM demands withdrawal of GST on k | Bhubaneswar, June 27 : Odisha Chief Minister Naveen Patnaik has again urged Union Finance Minister Nirmala Sitharaman to withdraw the 18 per cent GST imposed on kendu leaves. | 27-Jun-2023 |
| TN liquor utility to be totally computer | Chennai, June 27 : The Tamil Nadu State Marketing Corporation (Tasmac), a state-run body that deals with the sale of liquor, will now be fully computerised. | 27-Jun-2023 |
| All Adani portfolio companies listed on | Mumbai, June 27 : In a fresh disclosure notice, the Adani Group has clarified that Adani Portfolio Companies are listed on the Indian exchanges i.e. NSE & BSE. Certain listed companies, including subsidiaries, have issued bonds in the global capital market and the same has been listed on the Singapore Exchange (SGX). The notice said: “In our listed portfolio, six of our companies - Ambuja, ACC, AWL, NDTV, APL and ATGL are purely domestic issuers and listed on the Indian exchanges. | 27-Jun-2023 |
| Air India pilot says 'duty hour over', g | Jaipur, June 26 : After making an emergency landing at the Jaipur airport due to bad weather, an Air India pilot flying from London to Delhi refused to fly on Sunday. Around 350 passengers were left stranded at the Jaipur airport for nearly five hours. | 26-Jun-2023 |
| Calcutta HC turns down plea by India Inf | Kolkata, June 26 : The Calcutta High Court has turned down a plea by financial services company India Infoline Ltd (IIL) to quash proceedings under Sections 163(4)/196(3)/301(5)/372A (6) of the Companies Act and Sections 467/120B of the Indian Penal Code pending against it in the court of the Chief Judicial Magistrate, Purba Midnapore. | 26-Jun-2023 |
| India is investment destination of the d | New Delhi, June 26 : With longstanding trends of a solid economic growth, young demographics, urbanisation and the rise of an aspirational middle class, India stands out as one big shining star in the global economy, HSBC said in a report. | 26-Jun-2023 |
| Bitter Reality: India Inc's neglect of s | In the realm of Indian corporates, where professionalism and credibility are often touted, there exists a disheartening truth: the alarming failure of succession planning. Behind the carefully crafted facade of competence lies a stark reality of nepotism, hindering the progress and growth of the very organisations that claim to be leaders. This lack of foresight and resistance to relinquish power paints a grim picture of corporate leadership in our country. | 25-Jun-2023 |
| 21st century economic growth to be slowe | New York, June 26 : Global future economic growth will be slower than predicted, with developing nations taking longer to close the wealth gap and approach the income of wealthier nations, a new study has predicted. | 26-Jun-2023 |
| Amazon CEO says committed to invest $26 | Washington, June 24 : E-commerce giant Amazon CEO Andy Jassy on Saturday said that the company is committed to invest $26 billion in India by 2030, after he met Prime Minister Narendra Modi here. | 24-Jun-2023 |
| Committed to invest $26 bn in India by 2 | Washington, June 24 : E-commerce giant Amazon CEO Andy Jassy on Saturday said that the company is committed to invest $26 billion in India by 2030. | 24-Jun-2023 |
| Govt to cut power tariff during solar ho | New Delhi, June 23 : The government has amended the Electricity (Rights of Consumers) Rules, 2020 by introducing time of day (ToD) tariff and rationalising smart metering provisions. | 24-Jun-2023 |
| 'This is the moment' to invest in India, | Washington, Jun 24 : In a direct appeal to the US business community, Prime Minister Narendra Modi has said "this is the moment" to invest in India as both the Indian and the US governments have done everything to prepare -- "plough" -- the ground for them to come, play, and thrive. | 24-Jun-2023 |
| US-India collaboration on DPIs will make | New Delhi, June 24 : The partnership between the US and India to enable development and deployment of Digital Public Infrastructure (DPI) in developing countries will provide India with an opportunity to solidify its position as a global digital innovation hub, setting an exemplary model for other nations to follow, Nasscom has said. | 24-Jun-2023 |
| Only three Indian businessman on White H | Washington, June 23 : Only three Indian businessmen -- Mukesh Ambani, Anand Mahindra and Nikhil Kamath -- are part of the guest list for the state dinner hosted by US President Joe Biden in Prime Minister Narendra Modi's honour at the White House. | 23-Jun-2023 |
| AdaniConneX seals largest data centre fi | New Delhi, June 23 : Adani ConneX achieved financial closure through its maiden construction facility by entering into Financing Framework, raising $213 million for its under-construction data centre asset portfolio. | 23-Jun-2023 |
| Semiconductor announcements during Modi' | New Delhi, Jun 23 : The three key announcements in the semiconductor sector during Prime Minister Narendra Modi's US visit will create a minimum 80,000 to 1 lakh direct jobs in India, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, said on Friday. | 23-Jun-2023 |
| TikTok COO resigns after nearly five yea | San Francisco, June 23 : V Pappas, TikTok's chief operating officer (COO), has resigned after nearly five years at the Chinese short-video making app to "refocus" on her "entrepreneurial passions". | 23-Jun-2023 |
| Automaker Ford gears up for fresh job cu | San Francisco, June 23 : US automaker Ford is preparing to cut more jobs as it directs more investments towards building electric vehicles (EVs). | 23-Jun-2023 |
| Australia threatens to fine Musk's Twitt | Sydney, June 22 : Australia's cyber regulator on Thursday issued a legal notice to Elon Musk-run Twitter, seeking information about what the social media giant is doing to tackle online hate on the platform. | 22-Jun-2023 |
| TCS bags $1.1 bn deal to digitally trans | New Delhi, Jun 22 : Tata Consultancy Services (TCS) and National Employment Savings Trust (Nest), the UK's largest workplace pension scheme, on Wednesday announced the expansion of their long-standing partnership in a 840 million pounds ($1.1 billion) deal to focus on digitally transforming Nest's scheme administration services. | 22-Jun-2023 |
| FM Sitharaman to leave for Paris to atte | New Delhi, June 21 : Finance Minister Nirmala Sitharaman will on Wednesday leave for Paris in France to participate in the Summit for the New Global Financing Pact scheduled for June 22-23. | 21-Jun-2023 |
| IndiGo's order for 500 Airbus A320 famil | New Delhi, June 21 : Civil Aviation Minister Jyotiraditya M. Scindia on Tuesday termed the IndiGo Airlines order for a staggering 500 Airbus A320 family aircraft as another landmark in the country's aviation industry. | 21-Jun-2023 |
| Mid-sized IT firms outperform after CEO | New Delhi, June 21 : CEO changes usually don't lead to a turnaround among large IT firms that have lagged on growth previously and IT stocks outperform over longer periods if they improve across multiple metrics, foreign brokerage Jefferies said in a report. | 21-Jun-2023 |
| Nandan Nilekani donates Rs 315 cr to alm | Bengaluru, June 21 : Infosys Co-founder and Chairman Nandan Nilekani has donated Rs 315 crore ($38.5 million) to his alma mater, Indian Institute of Technology (IIT) Bombay. | 21-Jun-2023 |
| India set to achieve $300 bn electronics | New Delhi, Jun 21 : The government is right on the path to achieve the $300 billion electronics manufacturing target which will be a massive 20-25 times growth in almost a decade, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, said on Tuesday. | 21-Jun-2023 |
| New Rolls-Royce small engine set to begi | New Delhi, June 20 : Rolls-Royce has announced its new small gas turbine that has been specifically developed to power hybrid-electric flight is set to begin testing. | 20-Jun-2023 |
| Hackers threaten to leak 80GB of stolen | New Delhi, June 19 : Mired in controversy over its application programming interface (API) changes, Reddit is now in for further trouble as hackers have threatened to release 80GB data stolen from the social discussion platform. | 19-Jun-2023 |
| 'Continuous and repetitive' investigatio | New Delhi, June 18 : Zee Entertainment Enterprises has written to SEBI that "continuous and repetitive" investigations on the same cause of action creates prejudice for the Company and Shareholders, and can potentially impact the merger process. | 18-Jun-2023 |
| Feel of a bull run missing as retail inv | New Delhi, June 18 : Markets are back at all-time highs but it doesn't feel like a bull run because retail activity isn't picking up, said Nitin Kamath, Founder and CEO, Zerodha. | 18-Jun-2023 |
| Solid Q4 results, return of FIIs, improv | Chennai, June 18 : A combination of factors -- better corporate Q4 results in FY23, return of the foreign institutional investors (FII), Indias improving macroeconomic data, being the brightest among the emerging market and small investors not wanting to be left out and coming into the market -- have together taken the country's stock markets on a record high, said experts. | 18-Jun-2023 |
| RBI maintains a pause on rates in step w | New Delhi, June 18 : The markets have been on a high for the past few sessions, particularly the Nifty, which consistently touched and even crossed the 18,000 mark earlier this week. | 18-Jun-2023 |
| World Bank approves $150 mn loan to supp | Thiruvananthapuram, Jun 18 : The World Bank's Board of Directors has approved a $150 million loan to support the Resilient Kerala Program to continue strengthening the state's preparedness against natural disasters, climate change impacts, and disease outbreaks. | 18-Jun-2023 |
| France to invest heavily in low-emission | Paris, Jun 17 : The French government will invest 300 million euros ($329 million) per year between 2024 and 2030 to boost the development of a new, more fuel-efficient engine as well as the design of lighter aircraft, President Emmanuel Macron announced. | 17-Jun-2023 |
| Inflation in Italy still exceeds eurozon | Rome, June 17 : Inflation in Italy has remained above the average for the eurozone for the eighth consecutive month in May, according to data released by the National Statistics Institute (ISTAT). | 17-Jun-2023 |
| FM calls for strengthening GST registrat | New Delhi, June 17 : Finance Minister Nirmala Sitharaman said on Friday that the Goods and Services Tax (GST) registration process may be further strengthened by using technology to curb the entry of fake entities into the GST ecosystem. | 17-Jun-2023 |
| Neuralink likely to begin first human tr | San Francisco, June 17 : Tesla and SpaceX CEO Elon Musk has said that his brain-computer interface company Neuralink is likely to begin the first human trial this year. | 17-Jun-2023 |
| Facebook, Instagram suffer global outage | New Delhi, June 17 : Facebook and Instagram suffered an outage in the early hours on Saturday as the platforms failed to load and Instagram stories showed an error message while being loaded. | 17-Jun-2023 |
| US Fed pauses interest rate hikes after | Washington, June 15 : The US Federal Reserve has left the interest rate unchanged for the first time after March 2022, ending a stream of 10 consecutive hikes to curb inflation. | 15-Jun-2023 |
| Peak XV to further empower Indian startu | New Delhi, June 14 : Sequoia Capital India and Southeast Asia (SEA), now known as Peak XV Partners, will now operate as an independent firm that will provide more flexibility to further strengthen the market leadership position, Sequoia Capital's Managing Partner Roelof Botha said on Wednesday. | 15-Jun-2023 |
| K'taka Police take into custody prisoner | Thiruvananthapuram, June 15 : T.K. Rejeesh, a prisoner housed at the Kannur Jail, was taken into custody by the Karnataka Police after they got information that he was behind a gun smuggling racket, said officials on Thursday. | 15-Jun-2023 |
| Manhunt launched for pervert in Bengalur | Bengaluru, June 15 : A manhunt has been launched for a pervert who enters houses on some pretext, picks up lingerie and secretly indulges in "indecent" acts in the city's Vidhana Soudha Layout near Laggere locality. | 15-Jun-2023 |
| GMR Airport to contribute 10% for Hydera | Hyderabad, June 15 : Hyderabad Metropolitan Development Authority (HMDA) and GMR Hyderabad International Airport Ltd will contribute 10 per cent each for Rs 6,250 crore Hyderabad Airport Metro Project. | 15-Jun-2023 |
| Zoho logs over 65% CAGR upmarket growth | New Delhi, June 14 : Global SaaS technology company Zoho on Wednesday said it has achieved over 65 per cent compound annual growth rate (CAGR) in annual recurring revenue (ARR) in India within the mid-market and enterprise segment. | 14-Jun-2023 |