New Delhi (IANS) The Jalan Kalrock Consortium, which emerged as the successful bidder for the revival of Jet Airways, has made an additional infusion of Rs 100 crore into the airline, in accordance with the resolution plan approved by the … read more
New Delhi (IANS) The Internet and Mobile Association of India (IAMAI) on Thursday once again countered the Telecom Regulatory Authority of India’s (TRAI) proposal on selective banning of OTT or internet services, saying such demands for imposing revenue sharing mechanisms … read more
New Delhi (IANS) In a fillip to ‘Make in India’ initiative, India saw mobile phones exports worth $5.5 billion (over Rs 45,000 crore) in the April-August period in the ongoing fiscal year (FY24), government and industry data showed on Wednesday. … read more
New Delhi (IANS) The unified payments interface (UPI)-based transactions reached 9.3 billion in June 2023 from 151 million in January 2018, primarily driven by the growth in Person-to-Merchant (P2M) transactions, a report showed on Tuesday. In January 2022, P2M transactions … read more
New Delhi (IANS) The Company Law Committee is likely to take up a proposal to introduce tighter regulatory norms for big unlisted companies. According to sources, among the steps that are being considered is the mandatory submission of quarterly financial … read more
New Delhi (IANS) Hero MotoCorp-backed electric vehicle (EV) company Ather Energy’s losses surged more than 2.5 times in the financial year 2022-23. The EV startup reported a loss of Rs 864.5 crore in FY23, against a loss of Rs 344.1 … read more
New Delhi (IANS) Bluestone, India’s leading omnichannel jewellery retailer, is set to secure Rs 550 crore ($65 million) funding, with Zerodha co-founder Nikhil Kamath contributing Rs 100 crore, media reports said on Saturday. According to the reports, Gaurav Singh Kushwaha, … read more
New Delhi (IANS) JP Morgan’s decision to include Indian government bonds in its widely tracked emerging market debt index indicates confidence in India’s potential, Chief Economic Adviser V. Ananth Nageswaran said on Friday. However, at the same time, he cautioned … read more
Mumbai (IANS) Domestic equities declined for the third straight day on Thursday after the US Fed’s hawkish stance in its policy meeting. Nifty continued its downward journey to close with a loss of 159 points (-0.8 per cent) at 19,742 levels, … read more
Mumbai (IANS) The domestic markets remained under pressure due to rising US bond yields and a stronger greenback, said Vinod Nair, Head of Research at Geojit Financial Services. While Sensex reported a loss of 796 points, or 1.18 per cent, … read more