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Corporate Affairs
Garuda Aero receives DGCA’s nod for Remote Pilot Training
Bengaluru: India's leading drone company Garuda Aerospace has received necessary approvals from the Directorate General of Civil Aviation (DGCA) thus becoming the 31st Remote Pilot Training Organization (RPTO) in India.
The company has…
Mukesh Ambani-led RNEL picks 20 pc stake in Caelux for $12 mn
New Delhi: Mukesh Ambani-led Reliance New Energy Ltd (RNEL) will invest $12 million in California-based solar tech firm Caelux to acquire a 20 per cent stake.
In a statement on Friday, the company said that it has signed definitive…
Telangana Chamber urges Centre to re-examine 20 pc duty on rice exports
Hyderabad: The Federation of Telangana Chambers of Commerce and Industry (FTCCI) on Thursday appealed to the Union government to re-examine the 20 per cent duty on rice exports.
The Union government had recently imposed a 20 per cent duty…
Max Life Insurance appoints cricketer Rohit Sharma, wife Ritika Sajdeh as brand ambassadors
Mumbai: Max Life Insurance Company Ltd on Wednesday announced Rohit Sharma, sports icon and captain of men’s Indian Cricket team, and his wife Ritika Sajdeh, as its brand ambassadors.
Max Life has signed a two-year partnership with the…
Kartik Aaryan signs as brand ambassador of Lava mobiles
Mumbai: Lava International Limited on Tuesday said it has on-boarded the youth icon Kartik Aaryan as the brand ambassador to endorse its Smartphones category, while launching Lava Blaze Pro.
Priced at Rs. 10,499, Blaze Pro comes in four…
Adopt new technologies, AI, IOT; Sitharaman tells MSMEs
Mumbai: MSME (micro, small & medium enterprises) businesses should adopt new technologies like Artificial Intelligence, IOT, data analysis techniques and focus on implementation of skill-development and training centres with the help of…
Dr Swati Piramal conferred with ‘Highest French Civilian Distinction’ award
Mumbai: Dr Swati Piramal, Vice Chairperson, Piramal Group, has been conferred the Chevalier de la Légion d’Honneur (Knight of the Legion of Honour).
In an event held in Mumbai on Thursday, the award was given away by H.E. Ms. Catherine…
Walmart aims Make-in-India exports commitment to $10 bn p.a. by Yr’27
Bengaluru: Walmart International President and CEO Judith McKenna on Friday said her company is creating new opportunities for Indian companies to grow as part of its global supply chains by expanding its Made-in-India exports commitment to…
IT Minister Chandrasekhar inaugurates India’s first Lithium-Ayan battery unit near Tirupati today
Tirupati (Andhra Pradesh): Union Minister of State for Electronics and IT Dr Rajeev Chandrasekhar will inaugurate the country’s first Lithium battery manufacturing facility here on Friday.
In a press statement on Thursday, Tirupati…
Billionaire Venture signs MoU with DBS Bank
Mumbai: Billionaire Venture Incubation on Wednesday said that it has signed a MoU with DBS Bank to facilitate investment in the fast-growing startups in India through a Special Purpose Vehicle (SPV) formed by this joint venture in the form…
DHL chain to invest Rs 4,000 cr in India to boost capacity, workforce & sustainability
Mumbai: DHL Supply Chain, a part of DPDHL Group of Germany, announced on Wednesday an investment of Rs 4,000 crore in India over next five years to significantly grow its warehousing capacity, workforce and sustainability initiatives in the…
Hiranandani launches NFT platform, becomes India’s first real estate developer
Mumbai: Realty major Hiranandani announced its foray into the Non-Fungible Token (NFT) segment, becoming the first real estate developer in the country to jump on the NFT and Web3 bandwagon.
The brand’s maiden NFT series titled…
EEPC India proposes guidelines for Rupee trade with Russia
New Delhi: EEPC India on Tuesday proposed cheaper export finance for MSMEs and guidelines for Rupee trade with Russia in the Board of Trade meeting chaired by Union Commerce Minister Piyush Goyal here.
EEPC India Chairman Mahesh Desai also…
Celeb couple Vicky-Katrina to promote Travel portal Cleartrip
New Delhi: Bollywood's star couple Vicky Kaushal and Katrina Kaif in their first-ever joint collaboration have come together with Cleartrip in its journey towards making people travel more.
"We couldn’t be more excited to team up with…
SEBI Chief: Trust, transparency & disclosure key imperatives for capital markets
Mumbai: Chairperson, SEBI Madhabi Puri Buch, on Tuesday highlighted that the role of SEBI is to facilitate capital formation and nation building done by corporates and businesses.
Ms. Buch also said SEBI is fully appreciative of…
Sensex opens over 200 points higher today
Mumbai: The BSE Sensex on Monday surged 261.46 points at 60,054.60 in opening session as buying was seen across the board amid positive Asian Market.
The Nifty too advanced 85.80 points at 17,909.20.
The Sensex registered days high and…
Cyrus Mistry, ex-chairman of Tata Sons, dies in fatal road accident
Maha govt announces detailed probe into death of Cyrus Mistry
India’s merchandise exports dip slightly in August over 2021
New Delhi: India's merchandise exports growth remained almost flat at $33 billion in August 2022 while trade deficit widened to $28.68 billion as imports remained far higher than exports.
"India has achieved merchandise export of USD 33.0…
Reliance to establish 20 GW of solar energy generation capacity by 2025
Mumbai: Reliance will be establishing 20 GW of solar energy generation capacity by 2025, company Chairman Mukesh Ambani announced on Monday.
'This will be entirely consumed for our captive needs of round-the-clock (RTC) power and…
Jan Dhan account holders to get greater access to micro credit, investment
New Delhi: Banks have been told to cover Pradhan Mantri Jan Dhan Yojna (PMJDY) account holders under the government-backed life insurance and accidental insurance schemes, said Union Finance Ministry on Sunday.
In an official statement…