Business

New Delhi: The Centre has placed a cap on the export of sugar under the “restricted” category which will be effective from June 1. The latest move comes days after banning the export of wheat in order to control rising inflation and to ensure availability in the domestic market. India’s retail inflation has been above […]

Mumbai: Equity benchmark indices bounced back on Wednesday after declining for two days, with the Sensex climbing 327 points in early trade, helped by buying in index major Reliance Industries and positive trends in the Asian markets. The 30-share BSE Sensex jumped 326.98 points to 54,379.59 points in early deals. The broader NSE Nifty gained […]

Amarvati: The Andhra Pradesh government has signed an MoU with Adani Green Energy for establishing two mega green energy projects in the state. A memorandum of understanding (MoU) was reached to this effect on the second day of the World Economic Forum Summit in Davos on Monday. The Adani group plans to invest around Rs.60,000 […]

Hyderabad: An aerospace manufacturing company SKM Technologies is being helmed by a 43-year-old US returned woman entrepreneur Sarita Rathibandla. The MD of the company left her well-settled life in the United States to fulfill her passion of entrepreneurship. She came to India in 2019 with the support of her husband and two daughters – who […]

Chennai: India’s central bank is mulling further rate hikes, said its Governor Shaktikanta Das. He also said the Reserve Bank of India (RBI) will not allow the rupee to depreciate and prevent volatility in the currency market. In an interview to the CNBC TV18 channel, Das also said the RBI will release the new forecast […]

Mumbai: Equity benchmarks started the trade on a firm note on Monday, with the Sensex jumping nearly 311 points in early deals, amid mixed trends from Asian markets. The 30-share BSE benchmark Sensex jumped 310.91 points to 54,637.30. The broader NSE Nifty gained 83.35 points to 16,349.50. From the Sensex firms, Maruti, M&M, Asian Paints, […]

New Delhi: After earlier announcing the Vivo Y75 5G officially, the company has finally also unveiled the 4G variant of the Android smartphone. According to GSM Arena, the new Y75 comes with a 6.44-inch 1080×2400 AMOLED screen with a 60 Hz refresh rate, the MediaTek Helio G96 SoC at the helm, and 8GB of RAM, […]

New Delhi: One 97 Communications, which operates under Paytm brand, has reappointed its founder Vijay Shekhar Sharma as managing director (MD) and chief executive officer (CEO) till December 18, 2027. We wish to inform you that based on the recommendations of the Nomination and Remuneration Committee and subject to the approval of shareholders, the Board […]

San Francisco: Tech giant Apple has reportedly told its suppliers that it wants to expand manufacturing outside of China. And, India and Vietnam are getting a closer look from the company as alternatives. According to The Wall Street Journal, the tech giant has told some of its contract manufacturers that it wants to boost production outside […]

Bengaluru: Two-and-three wheeler manufacturer TVS Motor has unveiled a new iQube electric scooter in three avatars that comes loaded with several interesting features. With a starting price of Rs 98,564, the new TVS iQube series offers a choice of three variants — iQube ST, TVS iQube S and TVS iQube — in 11 colours and […]

San Francisco: Elon Musk on Saturday announced to open a litigation department at Tesla to initiate and execute lawsuits, as the electric car-maker is facing lawsuits over rampant sexually harassment at the workplace. In a tweet, Musk said: “Tesla is building a hardcore litigation department where we directly initiate & execute lawsuits. The team will […]

San Francisco: Instead of a Microsoft Surface Duo, the tech giant’s founder Bill Gates has revealed he uses Samsung Galaxy Z Fold 3 as his daily smartphone. During a Reddit AMA this week, Gates finally confirmed which smartphone he uses, 9To5Google reported. As per the report, it comes as no surprise that Gates uses an […]

Hyderabad: FreshToHome (FTH), an ecommerce platform that sells meat and fish directly sourced from livestock farmers and fishermen, plans to increase its presence in Telangana and Andhra Pradesh. FTH has invested about Rs 10 crore to build its infrastructure including a processing unit. While it delivers about 15 lakh orders per month in ten large […]

Hyderabad: After successfully piloting a long-haul drone for delivering medicines and other diagnostic needs, drones are now being used by food and grocery delivery companies. And Hyderabad-based startup Marut Dronetech is playing a vital role in providing drones to the food and grocery delivery company Swiggy. The logistics and delivery platform Swiggy had announced that […]

Hyderabad: Duroflex has launched the Summer Story 22 collection in the bed linen category. The brand had recently launched a couture bed linen collection with designer Rohit Bal and it is now back with a lively summer collection that has design stories for all tastes. The new ‘Summer Story’ collection is crafted to bring in […]

Toronto: A vintage 1955 Mercedes-Benz has been sold for $143 million (about Rs 1,100 crore), making it the most expensive car ever sold at an auction. In the most remarkable car auction ever conducted, RM Sotheby’s in association with @MercedesBenz, has sold one of the two famed 300 SLR Uhlenhaut Coupés to a private collector […]

Mumbai: The rupee appreciated 7 paise to 77.49 against the US dollar in opening trade on Friday as crude oil prices retreated from the elevated levels. At the interbank foreign exchange, the rupee opened at 77.51 against the American dollar, then gained further ground to quote at 77.49, registering a rise of 7 paise from […]

Mumbai: Equity benchmark indices opened in green on Friday with Sensex up by 1028.31 points and Nifty by 324.50 points. At 9:42 AM, the BSE Sensex was up by 1028.31 points or 1.95 per cent at 53,820.54. BSE Limited, also known as the Bombay Stock Exchange, is the oldest stock exchange in Asia, and also […]

Hyderabad: Hyderabad-based Intellixaa IT Solutions has announced that it has acquired yourcvwriter.com, an online resume writing company which provides job seekers across the globe a platform to create a modern and infographic resume. Intellixaa has rapidly grown in the last three years and has diversified its business in the field of human capital, software development […]

Bengaluru: Accelerating its journey in creating a one-stop payment platform, fintech company Slice on Thursday launched the integration of unified payments interface (UPI) into its app for all its existing and waitlisted users. Following its trial in 2021, the company said it is now rolling out the integration in a phased manner for its users. […]

New Delhi: Pre-owned e-commerce platform CARS24 on Thursday said that around 600 employees have been let go based on their poor performance and not owing to any “cost cuts”. Calling it “business as usual”, the company. which has nearly 9,000-strong workforce, and is in the process of hiring more globally, said its business is actually growing […]

Hyderabad: If you are a startup that is looking to scale up its operations to the US, then the new programme by T-Hub is the right choice for you. Telangana’s startup ecosystem builder T-Hub on Thursday announced its partnership with the US-based technology accelerator, FalconX for the ‘Global Startup Immersion Programme’ in the Silicon Valley, […]

New Delhi: The Supreme Court on Thursday ruled that GST council’s recommendations are not binding on the Centre and state governments. A bench headed by Justice D.Y Chandrachud said GST Council recommendations only have a persuasive value as India is a cooperative federalism, and the Centre and states have simultaneous powers to legislate on Goods and […]

New Delhi: With an aim to leave behind the Ashneer Grover controversy and bring business on track, fintech platform BharatPe on Thursday launched an investment platform for its merchant partners. In the first phase, the company is going live with peer-to-peer (P2P) investments and bank-deposit products with its partners on the platform. The P2P investment […]