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Home  Business

Business

IDBI Bank secures $239 mn debt judgement in UK

IDBI Bank secures $239 mn debt judgement in UK

  • Sensex, Nifty surge to record highs

    Titan was the top gainer in the Sensex pack, soaring nearly 7 per cent, followed by ONGC, L&T, Kotak Bank, Axis Bank, Bajaj Finance and HDFC Bank.
  • Niti Aayog submits names of PSU banks for privatisation

    Changes on the regulatory side to facilitate privatisation would start after the Cabinet approval.
  • Govt to notify PLI scheme for auto components, steel, textile: Official

    The government introduced the PLI scheme to encourage an incentive-led model for manufacturing, attracting advanced technologies, bringing in economies of scale and meeting quality standards.
  • India’s services sector slumps in May

    International demand for Indian services also worsened, with new export business falling at the quickest rate in six months.
  • Mucormycosis treatment covered by default: Policybazaar

    Policyholders must adhere to the terms and conditions of their health insurance policy including notifying the insurers of pre-existing illnesses, planned or emergency hospitalisations.
  • Ocugen expands Covaxin commercialisation rights to include Canada

    US-based Ocugen will make an upfront payment and milestone payment upon first commercial sale in Canada to Bharat Biotech, in addition to sharing the profit from sales of Covaxin in Canada
  • True wireless sales up by 44% in Q1, Apple leads

    According to research firm Counterpoint Research's latest Global Hearables (TWS) Market Report, Apple dominated the over-$100 segment with 57 per cent share, followed by Samsung at 17 per cent.
  • Ministry of Health finalises pact with Biological E for Covid-19 vaccine

    Advanced arrangements made for 30 crore doses; Union Ministry of Health would be making an advance payment of Rs 1,500 crore to the Hyderabad company
  • OnePlus Nord CE 5G to be launched with Snapdragon 750G chipset

    According to GSMArena, it looks like the Nord CE -- Core Edition -- is based heavily on the original Nord, with a few cuts here and there to presumably give it a lower launch price.
  • Eufy by Anker launches smart robotic vacuum cleaner G30 in India

    The G30 Hybrid brings together vacuuming and wet mopping capabilities in one modestly designed robot.
  • Hyderabad-based GoKea launches hyper logistics service for e-commerce

    Over 10,000 ‘GoKea’ riders to serve the South Indian market in next one year servicing the logistics needs of online marketplace
  • Gold, silver decline amid muted global trends

    In the international market, gold was trading lower at USD 1,893 per ounce and silver was flat at USD 27.79 per ounce.
  • 208 students graduate from T-Hub’s LaunchPad Programme

    The programme enlightens students on the scope of entrepreneurship and also gives them a direction to achieve success in the field.
  • GMR Hyderabad International Airport receives ‘Green Airports’ recognition

    The award was decided by a global panel that recognised GHIAL’s Sustainable Airport Operations for effective air quality management.
  • Fintech lending startup KreditBee raises Rs 60 cr from India SME

    The Bengaluru-headquartered KreditBee in February concluded its Series C equity round worth $75 million (about Rs 545 crore) from Premji Invest, Mirae Asset Naver Asia Growth Fund, Alpine Capital and Arkam Ventures
  • TalentSprint, IIT-Madras to provide deeptech programme for professionals

    The 12-month PG level advanced programme in applied data science and machine intelligence is designed for early career professionals who are keen to build careers in data science and AI.
  • Serum Institute applies to DCGI to manufacture Sputnik V vaccine

    The Pune-based firm has also sought approval for test analysis and examination.
  • Snowman Logistics, Dr Reddy’s partner for Sputnik V vaccine

    "With this partnership with Dr Reddy’s, we aim to reach maximum institutions administering vaccines through our five high-capacity temperature-controlled warehouses," said Sunil Nair, CEO, Snowman Logistics.
  • Samsung introduces new Galaxy Book Go laptops

    The Galaxy Book Go and the Galaxy Book Go 5G will be the latest additions to Samsung's notebook portfolio powered by Qualcomm's Snapdragon compute platforms.
  • Hyderabad: Multiple players do their bit to fight Covid

    MediBuddy, a digital healthcare platform, said it is facilitating vaccinations for corporates and employees across 130 cities and has tied up with 350 plus top hospitals
  • Mercedes-Benz shifts retail sales structure

    The existing 125 dealers will operate as the company's franchise partners under the new structure termed as 'Retail of the Future' (ROTF).
  • Franklin Templeton returns Rs 14,572 cr to investors

    The fund house shut its six debt mutual fund schemes in April 2020 citing redemption pressures and lack of liquidity in the bond market.
  • MTAR Technologies FY21 net profit up 47%

    For the fourth quarter ended March 31, 2021, the company reported a net profit of Rs 18 crore, registering a 103 per cent jump over Rs 8.9 crore.
  • Assocham seeks interest subsidy for MSMEs

    It has suggested that the surplus funds of ESIC (Employees State Insurance Corporation) should be used for providing wage support measures/stimulus packages for the employees.
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