RBI sees India as an emerging global hub for chips, electronics manufacturing
India’s emerging sectors like renewable energy and semiconductors are expected to make rapid advances on the back of the recent initiatives by the gove......
Tag : Corporate News
India Ratings upgrades Adani Green Energy to IND AA-, outlook stable amid robust growth
(IANS) India Ratings and Research (Ind-Ra) on Thursday upgraded Adani Green Energy Limited’s (AGEL) long-term issuer rating to 'IND AA-’ from ‘IND A+’,......
India’s cold chain sector turnover expected to scale Rs 5 lakh crore mark by 2030
The turnover of India's cold chain sector is expected to scale the Rs 5 lakh crore mark by 2030 or 2032, a senior official of...
Sterlite Power Secures Funding Worth INR 1373 crore from PFC for Neemrana II Kotputli Transmission Project
Power, a leading power transmission company, has successfully achieved financial closure for its Neemrana II Kotputli Transmission Limited (NKTL) proje......
MediaTek unveils 2 new Dimensity 7300 chips for high-end gaming
(IANS) Chip maker MediaTek on Thursday announced Dimensity 7300 and the Dimensity 7300X, a pair of 4nm chips for high-tech mobile gaming. The Dimensity......
Smart city technologies expected to become $100 bn industry in 2024: Report
(IANS) Smart city technologies are expected to become a $100 billion industry in 2024 as more and more cities look for innovative solutions for urban...
Tata Steel Q4 net profit falls 64 per cent, declares dividend of Rs 3.60 per share
(IANS) Tata Steel on Wednesday reported a 64 per cent decline in its consolidated net profit at Rs 611 crore for the January-March quarter of...
RBI fines HSBC Ltd for violating norms
The Reserve Bank of India (RBI) has imposed a penalty of Rs 36.38 lakh on HSBC Limited for violation of directions on reporting requirements under...
EET Retail continues to deliver on ambitious expansion plans
(IANS) EET Retail, the retail division of EET Fuels, has reopened two new service stations recently, with more expected to be opened throughout the yea......
Gautam Adani meets Japanese envoy, says his support for India ‘truly inspiring’
(IANS) Gautam Adani, Chairman of the Adani Group, said on Wednesday that he met Hiroshi Suzuki, Ambassador of Japan to India, adding that the envoy's...
Axis Bank partners with Mastercard to launch NFC Soundbox
(IANS) Axis Bank on Wednesday said that it partnered with Mastercard to launch NFC Soundbox. The new soundbox will act as an all-in-one solution that...
Industry hails RBI’s 3 new initiatives to bolster fintech sector
(IANS) The fintech industry leaders on Wednesday hailed the three major initiatives of the Reserve Bank of India (RBI) which include the PRAVAAH portal......
Apple’s flagship developer event to unveil new software updates on June 10
(IANS) Apple has announced to organise its flagship Worldwide Developers Conference (WWDC24) from June 10-June 14, including keynote and ‘Platforms Sta......
PRAVAAH portal, RBI Retail Direct Mobile Application and FinTech Repository launched for ease of biz
RBI Governor Shaktikanta Das on Tuesday launched three major initiatives of the Reserve Bank of India which include the PRAVAAH portal, the Retail Dire......
India, Vietnam key beneficiaries as global firms scout for supply chains outside of China : Nomura
As the multi-national companies recognise the importance of diversifying supply chains, India and Vietnam are the key beneficiaries as global firms are......
Google introduces new AI features in its Chromebook Plus laptops
(IANS) Google on Tuesday announced new artificial intelligence (AI)-powered features in its Chromebook Plus laptops that will help users chat with Gemi......
Samsung, Lennox join hands for HVAC business in US, Canada
Samsung on Tuesday said that it has agreed to set up a joint venture (JV) with a leading provider of climate solutions Lennox for a...
Rosneft integrates proprietary IT technologies into all aspects of its operations
(IANS) In today's world, digitalisation has emerged as a global trend affecting practically all industries and areas of operation. The oil and gas indu......
Adani Enterprises Ltd to raise Rs 16,600 crore to expand biz
Adani Enterprises Ltd (AEL) on Tuesday announced to raise Rs 16,600 crore via qualified institutional placement (QIP) or other permissible mode in one......
IIT Bombay, TCS to develop India’s 1st Quantum Diamond microchip imager
The Indian Institute of Technology (IIT) Bombay on Tuesday announced a strategic partnership with IT services major Tata Consultancy Services (TCS) to......