Toronto, Sep 19 A Canadian cleantech company, CarbonCure Technologies, that develops carbon dioxide removal (CDR) solutions for the concrete industry has received investment from leading technology and property developers. Amazon’s Climate Pledge Fund and Breakthrough Energy Ventures (BEV) co-led the
New Delhi, Sep 19 A bigger global effort to stabilise oil prices involving all major oil producers including Russia is again on the cards to see that the current crisis does not escalate further putting several oil producers closer to bankruptcies.
New Delhi, Sep 19 In a major relief for foreign portfolio investors, the Union Government has proposed to cap the surcharge on dividend income from FPIs with a trust structure at 15 per cent. Currently, FPIs that operate as trusts
Mumbai, Sep 19 The Securities and Exchange Board of India (SEBI) has extended, till October 29, the enforcement of regulatory measures aimed to contain market volatility amid the coronavirus pandemic. The measures, first introduced in March, include limits on positions
Chennai, Sep 19 The Indian insurance regulator’s working group to look at insurance solutions for drones is not agreeable to the provision of unlimited third party liability as per the Motor Vehicles Act, 1988 for victims in accidents involving drones.
New Delhi, Sep 19 In a bid to bring more transparency in telecom tariff advertisements, the Telecom Regulatory Authority of India (TRAI) on Friday issued fresh directions for advertisement of tariff plans by telecom operators. In a circular, the telecom
New Delhi, Sep 19 In a noble gesture, the HCL foundation has helped set-up isolation and treatment units for the Covid-19 disease at two government hospitals here. The foundation donated 150 beds, an ambulance with life support, and a team
New Delhi, Sep 18 Google has removed digital payments major Paytm’s app from its Play Store for allegedly violating its gambling policies. “Paytm Android app is temporarily unavailable on Google’s Play Store for new downloads or updates. It will be
New Delhi, Sep 18 At least 80 companies are in the process to tap the primary market to raise approximately Rs 51,515 crore equity capital in FY 2020-21 with benchmark indices up by 50 per cent since March and IPO
New Delhi, Sep 18 Riding on the surge in grocery demand in the Covid-19 times, online retail sales in Asia will grow from $1.5 trillion in 2019 to $2.5 trillion in 2024, with a compound annual growth rate (CAGR) of
Mumbai, Sep 17 Investment Advisory operations are all set to take off in India’s first International Financial Services Centre (IFSC) at GIFT City, with capital markets regulator SEBI giving license to an impact investing firm to begin its operation in
New Delhi, Sep 17 Slack demand, resulting in lower cash accrual, along with elevated inventory levels and curtailed bank finance, will lead to a moderately negative credit outlook for gold jewellery retailers this fiscal, Crisil Research said on Thursday. An
NEW DELHI, Sep 17 From lower emission targets the world must progress directly to zero greenhouse gas emissions by mid-century with no permanent reliance on negative emissions to balance continued energy and industrial emissions, a new report from the Energy
Chennai, Sep 17 India should look at outward investments in agriculture and rare earth elements to meet domestic demand as well as specific interventions for encouraging innovation-led manufacturing, revisiting regulations to reduce import dependence in certain sectors, states a study
San Francisco, Sep 17 Riding on its growing Creative and Document Cloud business, Adobe has achieved record quarterly revenue of $3.23 billion in its third quarter of fiscal year 2020, which represents 14 percent year-over-year growth. The cloud software giant
New Delhi, Sep 17 In a major setback to the Centre, the Supreme Court on Wednesday said the requirement of procedural fairness constitutes a fundamental basis for the integrity of the arbitral process, as it upheld a foreign arbitration award
New Delhi, Sep 16 Non-banking financial companies have raised $3.9 billion through capital raise and asset sales in the post-Covid-19 period. In the midst of a difficult economic environment caused by the Covid-19 pandemic, India Inc has raised a massive
New Delhi, Sep 16 Airline major SpiceJet on Tuesday reported a net loss of Rs 593.4 crore during Q1 FY21, as flight operations remained suspended for most part of the quarter following the nationwide lockdown. The company had reported a
New Delhi, Sep 16 Country’s most prolific Barmer oilfield operated by billionaire Anil Agarwal-led Cairn Oil and Gas has been reduced to operate on temporary permission from the government which has denied full 10-year extension to the company’s production sharing
New Delhi, Sep 15 Shares of Tata Motors – Differential Voting Rights (DVR) have surged over 45 per cent in just a month’s time and hit the 5 per cent upper circuit on Tuesday. The surge in share prices comes
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