Business

In a statement, Vahdam said Desai has invested in the brand, without disclosing the amount.

Leading global corporates like AWS, Boeing, Facebook, Google, HSBC, Microsoft, Novartis, Qualcomm, among others have already partnered with T-Hub.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.44 per cent lower at 90.05.

UltraTech Cement was the top gainer in the Sensex pack, rising around 1 per cent, followed by Sun Pharma, IndusInd Bank, Reliance Industries and HDFC.

However, Anbu Varatan was quick to add that the recovery will depend on the economic recovery of the country, vaccine scenario and travel guidelines.

ChitMonks works with registered chit fund companies and helps them build trust in their operations through block chain technology and making them 100 per cent digital.

The foundries, affiliated to the Coimbatore Tiny and Small Foundry Owners Association (COSMAFAN), stopped production indefinitely, resulting in a loss of Rs 30 crores daily, its president Shiva Shanmughakumar said.

The Facebook-owned company noted that its 'Payments' feature is now available to users across the country (currently up to 20 million users) with support from banking partners - State Bank of India, HDFC, ICICI and Axis Bank.

He also highlighted the RBI's and government's role and steps required for enhancing financial inclusion and education.

According to the company, the smartphone will be available across all mainline retail channels and Amazon starting December 21 in three vibrant colour variants - dynamic black, fancy white as well as rainbow silver.

The TV will be available in 55-inches only and will go on sale on December 21 at 12 noon on mi.com, Mi Home, Flipkart, Vijay Sales and other retail stores.

The government will put on auction 2,251 MHz of spectrum in the frequency bands of 700 MHz, 800Mhz, 900 Mhz, 2100 Mhz, 2300 Mhz and 2500 MHz.

In his new role, Khanoria will head the marketing operations and will report to Elvis Zhou, President, OPPO India.

"Commerce is critical to our customers and we continue to invest in building seamlessly intuitive experiences that enable small businesses to sell everywhere," GoDaddy CEO Aman Bhutani, said in a statement.

Founded in 2001, Expertus offers payment-as-a-service cloud solutions to banks, credit unions and enterprise players. Over $50 billion is processed through the Expertus platform daily.

The train, with a maximum operational speed of 120 km per hour, will be deployed on a tourist route in Qingyuan City, south China's Guangdong Province, according to the company.

Non-subsidised LPG price was increased to Rs 694 per 14.2-kg cylinder from Rs 644 earlier, according to a price notification of state fuel marketing companies.

The report also believes that it would take seven quarters from the fourth quarter of FY21 for GDP to reach the pre-pandemic level in nominal terms.

Investment is $150 million (about Rs 1,100 cr) and will create employment to 1,000 by end of 2021

After two years of waiting, Facebook-owned WhatsApp payment service received approval from the National Payments Corporation of India (NPCI) in November to go live on Unified Payment Interface (UPI) with over 160 supported banks.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.03 per cent lower at 90.44.

In the Sensex pack, Mahindra and Mahindra, Asian Paints, Tata Steel, Bajaj Finance, ONGC and HDFC were the prominent gainers.

The company said on Tuesday that it is releasing new versions of many of its Microsoft 365 for Mac apps that run natively on Macs with M1 - Outlook, Word, Excel, PowerPoint, and OneNote.

Suffers Rs 2,300 cr loss per day; 3.45 lakh jobs lost: Parliamentary panel