New Delhi (IANS) The Commerce Ministry has notified setting up of the Credit Guarantee Scheme for Startups (CGSS), aimed at providing credit guarantees to loans extended by scheduled commercial banks, non-banking financial companies (NBFCs) and Securities and Exchange Board of … read more
New Delhi (IANS) The Union Finance Ministry on Thursday released the seventh monthly instalment of post devolution revenue deficit (PDRD) grant of Rs 7,183.42 crore to 14 states. The grant has been released as per the recommendations of the 15th … read more
Mumbai (IANS) The completion deadline for Reliance Capital resolution process is to be extended by 90 days to February 1, 2023. The current deadline ends on November 1. The administrator is all set to approach NCLT Mumbai to seek 90 … read more
New Delhi (IANS) Tech firm HCLTech on Wednesday announced plans to hire 1,000 people in Brazil in the next two years, along with opening a new technology centre in that country. HCLTech said it is scaling up its operations to … read more
Mumbai (IANS) Increasing crude prices and demand for dollars resulted in Indian rupee falling by 49 paise to touch Rs 81.89 against the greenback. The crude prices increased with oil producers indicating lowering production. The increase in crude prices hit … read more
Chennai (IANS) Sterlite Technologies Ltd on Sunday unveiled 5G Cosmos – an optical solution for towers and small cells for speedy 5G roll out. According to Sterlite Technologies, telecom operators need to look at fiberisation with a futuristic lens. The … read more
Chennai (IANS) Festive season and new launches geared the passenger vehicle sales last month as car majors in India logged sales growth last month as compared to the previous year’s corresponding month. Maruti Suzuki India Limited that makes cars and … read more
Hong Kong/New Delhi (IANS) E-commerce platform Shopee has asked laid off employees to pay compensation for damaged work computers and in some cases, the company is asking them to pay around 2,500 yuan ($349) for an Apple system. Singapore-headquartered Shopee, … read more
Mumbai (IANS) The benchmark indices ended lower on Wednesday with Sensex falling more than 500 points, and Nifty ending over 140 points down. At close, Sensex ended 509.24 points or 0.89 per cent down at 56,598.28, while Nifty closed lower … read more
Mumbai (IANS) Indian policies relating to mining have to be reviewed and correlated with the geopolitics and the nation’s vision and other aspects so that the revamping of the industry can be done, states a sectoral report by consulting firm … read more