Business
- Business
Centre okays Rs 700 crore to set up institutes of pharma, medical technology
New Delhi: The Central government has earmarked Rs 700 crore to set up centres of excellence at the National Institutes of Pharmaceutical, Education & Research (NIPER) over the next five years to…
- India
Gold rises Rs 70; silver plunges Rs 400
New Delhi: Gold prices rose Rs 70 to Rs 72,550 per 10 grams in the local market on Tuesday in line with firm global trends, according to HDFC Securities. The precious metal…
- Business
Centre begins auction for telecom spectrum worth Rs 96,238 crore
New Delhi: The Centre on Tuesday announced it has begun the auction of spectrum worth Rs 96,238.45 crore for telecom services. The total quantum of spectrum being auctioned is 10,522.35 MHz in…
- Business
JSW Steel USA to invest $110 million to expand renewable energy biz
Mumbai: JSW Steel USA, a subsidiary of India’s leading steel company, on Tuesday said it plans to invest $110 million in steel projects in the state of Texas. The company said this…
- World
Bangladesh PM Hasina invites Indian businesses to invest in nation
New Delhi: Bangladesh Prime Minister Sheikh Hasina has invited Indian businesses to invest in the country’s special economic zones, highlighting the huge potential for bilateral economic cooperation. Addressing Confederation of Indian Industry…
- Business
Overseas Indians’ faith grows in Indian economy with $1 billion deposits in April
New Delhi: Showing their confidence in the resilient Indian economy despite global macroeconomic conditions, non-resident Indians (NRIs) deposited around $1 billion in the country in April alone. Last year, overseas Indians deposited…
- Business
Indian CEOs prioritise tech investments, including towards AI: report
New Delhi: Indian CEOs are prioritising technology investment, including artificial intelligence (AI) but stay guarded amid data security challenges, according to a report. Around 70 per cent of CEOs are channeling investments…
- Business
152 Indian startups on track to turn unicorns over next 5 years: Report
New Delhi: At least 152 Indian startups are on track to turn unicorns from 31 cities over the next 3 to 5 years to its current tally of 67 unicorns, a new…
- Business
Fitch raises India’s GDP growth forecast for FY25 to 7.2 pc
New Delhi: Global rating agency Fitch on Tuesday raised India’s GDP growth forecast for FY25 to 7.2 per cent, from 7 per cent. The rating agency said in its report that recovery…
- India
Indian firms fast adopting Digital Twin tech to boost transformation: Report
New Delhi: As the government doubles down on the ‘Digital Twin’ technology adoption, 90 per cent of the enterprises in the country are aware of digital or virtual twins that could play…
- Business
Airtel pre-pays Rs 7,904 crore to clear deferred liabilities for spectrum
New Delhi: Bharti Airtel on Friday said it has prepaid Rs 7,904 crore to the Department of Telecom (DoT) to clear high-cost deferred liabilities for spectrum acquired in 2012 and 2015. In…
- Business
India witnessed over 30 pc rise in diversity hiring over the past 5 years: Data
New Delhi: Despite ongoing macroeconomic challenges, India is setting a new precedent with Diversity, Equity, and Inclusion (DE&I) hiring (LGBTQIA+, women, and persons with disabilities), as the country witnessed 30 to 35…
- Business
Startups in India raise over $97 million in election result week
New Delhi: The Indian startup ecosystem, the world’s third largest, saw $97.3 million in funding across 10 deals this week as Lok Sabha election results were declared, paving the way for the…
- Business
Lenskart raises $200 million from Temasek, Fidelity at $5 billion valuation
Mumbai: Eyewear retailer Lenskart has raised $200 million in secondary investment from global investment firms Temasek and Fidelity Management & Research Company (FMR), it was announced on Monday. After this transaction, Peyush…
- News
Entertainment giant Live Nation confirms data breach via Ticketmaster
San Francisco: Entertainment major Live Nation has confirmed that its ticketing subsidiary Ticketmaster was compromised by hackers, who allegedly offered data of 560 million users on the dark web for sale. The…
