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Home  Business

Business

20% duty on non-basmati rice variants will hit exports: FTCCI

20% duty on non-basmati rice variants will hit exports: FTCCI

  • HP India to set up 2,000 digital classrooms under ALFA initiative

    The digital classrooms by HP India will be set up in government or government-aided schools across 17 states for the students of Classes 9 to 12.
  • Hyderabad-based Bhanzu raises about Rs 120 crore in Series A funding

    Hyderabad: City-based Bhanzu, a global math learning platform, raised $15 million (about Rs 120 crore) in Series A funding led by investment firm Eight Roads Ventures. Another investor, B Capital, also invested in this round. Bhanzu will use the funding to enhance its technology infrastructure for student learning experience and strengthen its math curriculum for […]
  • Meesho announces 11-day break to help employees prioritise mental well-being 

    The company in its blog said that the 11-day leave is an initiative aimed at allowing employees to completely unplug from work and prioritise their mental well-being after the busy festive sale period.
  • Google Pixel 7, 7 Pro confirmed to arrive in India

    The Pixel 7 and Pixel 7 Pro will be available on Flipkart, which has been the online retail partner for the tech giant for all Pixel launches in India.
  • [24]7.ai to recruit about 2,500 people for voice, chat processes in Telangana

    Hyderabad: [24]7.ai, a contact centre services player, said it is hiring across voice and chat processes to serve its international client base. Of the 9,000 new hires pan India over 2022-23, 2500 will be hired from Telangana by October this year. It has also collaborated with TASK in Warangal and Nizamabad for campus recruitment drives. […]
  • Hyderabad warehouse segment transacts 5.4 million sqft in 2021-22

    Hyderabad: Flipkart, Reliance Retail, ECom Express, DMart and SVS Pharma are among the top occupiers of warehouse space in Hyderabad. Shamshabad, Medchal and Patancheru are the key clusters that are seeing demand from the warehouse segment. Hyderabad saw 5.4 million sqft transacted in 2021-22. This is 128% more than 2.4 milion sqft taken during 2020-21. […]
  • TiE Global Summit to be held in Hyderabad from December 12 to 14

    IT and Industries Minister KT Rama Rao will be the keynote speaker at the TiE Global Summit’22, the largest entrepreneurship Summit.
  • ADB cuts India’s GDP growth forecast to 7 per cent from earlier 7.2

    ADB's flagship Asian Development Outlook (ADO) report, released on Wednesday, said India's economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services.
  • Sony India unveils new noise cancelling headphone in India

    With the help of the Integrated Processor V1, the company said the new headphones fully unlock the potential of Sony's HD Noise Cancelling Processor QN1, while the specially designed 30mm driver unit enhances noise cancelling.
  • Markets fall in early trade; turn choppy later

    The 30-share BSE Sensex declined 227.93 points to 59,491.81 in initial trade. The NSE Nifty went lower by 55.05 points to 17,761.20.
  • Rupee falls 8 paise to 79.82 against US dollar in early trade

    Forex traders said the strength of the American currency in the overseas market and a muted trend in domestic equities weighed on the local unit. Moreover, risk-off moods and firm crude oil prices weighed on the local unit.
  • India’s fintech market to reach $1 trillion by 2030: Chief Economic Advisor

    Speaking at the 'Global Fintech Fest 2022' (GFF 2022), he noted that a major shift towards a more equitable distribution of investment across sectors including insurtech and wealthech, etc, has started taking place.
  • Broken rice in transit with certain conditions now allowed for export till September 30

    On September 9, India banned the export of broken rice with immediate effect. The export policy for the commodity was revised from "free" to "prohibited".
  • SpiceJet places nearly 80 pilots on leave without pay for 3 month

    In a temporary measure to rationalise cost, airline SpiceJet has decided to place nearly 80 pilots on leave without pay for a period of three months.
  • Cyient founder BVR Mohan Reddy pens his entrepreneurial journey

    Penguin India announced the publication of 'Engineered in India: From dreams to billion-dollar Cyient' by BVR Mohan Reddy.
  • DE Shaw India opens new office at Hyderabad’s Jubilee Hills

    Hyderabad: IT services company DE Shaw India, which is celebrating 25 years of its presence in Hyderabad, launched a new campus in Ivy at Jubilee Hills. The new campus is now spread over 78,000 sq ft and has a capacity to accommodate 400 people. The company has plans to add two more floors to the […]
  • Nord forays into wearable market, to launch 1st smartwatch in India

    According to industry sources, the Nord smartwatch is likely to be launched in India in the first week of October.
  • Ola laying off 500 employees from its software verticals: Report

    CNBC first reported on Monday that several of the employees being laid off as part of the "restructuring exercise" worked on the Ola app.
  • Gross direct tax collections rise 30% in 2022-23, net direct tax collections up 23%

    Net direct tax collections stood at Rs 7.01 lakh crore for the current fiscal till September 17, showing a 23 per cent rise over the corresponding period of last year.
  • Telangana’s MSME Green Industrial Park model being studied for replication

    A delegation of Haryana State Industrial Development Corporation (HSIDC) has visited the Telangana Industrialists Federation MSME Green Industrial Park as part of their study tour.
  • RBI likely to increase repo rate by 50 basis points to 5.9% in Sep policy: Morgan Stanley

    Risks to the inflation outlook are skewed to the upside due to uncertainty around food inflation trajectory (sowing for rice, pulses is lower YoY), changes in global commodity prices and possibility of imported inflation if exchange rate weakens amid dollar strength, the report added.
  • ECIL adds new client to its portfolio by winning Rs 97 cr contract from Jindal Stainless

    Formed in May 2017 to pursue EPC business interests in India and the subcontinent, as a relatively new company, ECIL's rise was initially slow, yet steady.
  • Sensex falls over 500 points in early trade amid weak global markets

    Foreign fund outflows and fears of recession in the global economy have dented investor sentiments.
  • Rupee falls 11 paise to 79.82 against US dollar in early trade

    At the interbank foreign exchange market, the rupee opened at 79.80 against the greenback, then fell to 79.82, registering a decline of 11 paise over its last close.
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