Thursday, June 30, 2022

Tribunal allows Hero MotoCorp to use #39;Hero#39; trademark for its EVs

Tribunal allows Hero MotoCorp to use #39;Hero#39; trademark for its EVs In a late night regulatory filing on Thursday, the two-wheeler major stated that the tribunal has ruled in its favour regarding the use of the trademark.

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Wednesday, June 29, 2022

Morning Scan: All the big stories to get you started for the day

Morning Scan: All the big stories to get you started for the day A round-up of the biggest articles from newspapers

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UltraTech Cement paying for Russian coal in Chinese yuan

UltraTech Cement paying for Russian coal in Chinese yuan UltraTech is bringing in 157,000 tonnes of coal from Russian producer SUEK that loaded on the bulk carrier MV Mangas from the Russian Far East port of Vanino, the document showed. It cites an invoice dated June 5 that values the cargo at 172,652,900 yuan ($25.81 million).

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NMDC shareholders, creditors approve Nagarnar Steel Plant demerger: CMD Sumit Deb

NMDC shareholders, creditors approve Nagarnar Steel Plant demerger: CMD Sumit Deb The demerger of NSP from NMDC is progressing, Deb who was in the national capital, told PTI.

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Tuesday, June 28, 2022

Government weighs 100% divestment from privatised PSU banks: Report

Government weighs 100% divestment from privatised PSU banks: Report Amendments to the Banking Companies Act will look at reducing the mandatory requirement of 51 percent government holding in PSBs

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Monday, June 27, 2022

Top Cryptocurrency News on June 28: Bitcoin at Rs 17 lakh, TDS on cryptos from July 1, NFTs and more

Top Cryptocurrency News on June 28: Bitcoin at Rs 17 lakh, TDS on cryptos from July 1, NFTs and more A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day

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Morning Scan: All the big stories to get you started for the day

Morning Scan: All the big stories to get you started for the day A round-up of the biggest articles from newspapers

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Love of big cars, chip crunch extends wait time for MM

Love of big cars, chip crunch extends wait time for MM Outstanding customer pre-orders for the seven-seater XUV700, which the Indian automaker launched in August, are running to around 70,000, Executive Director Rajesh Jejurikar said in an interview last week. While the chip shortage has eased from a peak late last year, Mahindra is still experiencing some supply chain pain points, he said.

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Cipla to invest Rs 26 crore in GoApptiv to raise stake to 22%

Cipla to invest Rs 26 crore in GoApptiv to raise stake to 22% The investment will be made in equity shares and Compulsorily Convertible Preference Shares and is likely to be completed within 30 days or such other date mutually agreed between the parties, Cipla said in a regulatory filing.

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Cipla to invest Rs 26 crore in GoApptiv to raise stake to 22%

Cipla to invest Rs 26 crore in GoApptiv to raise stake to 22% The investment will be made in equity shares and Compulsorily Convertible Preference Shares and is likely to be completed within 30 days or such other date mutually agreed between the parties, Cipla said in a regulatory filing.

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Sunday, June 26, 2022

Morning Scan: All the big stories to get you started for the day

Morning Scan: All the big stories to get you started for the day A round-up of the biggest articles from newspapers

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Maruti Suzuki bets on hybrids over EVs in clean shift

Maruti Suzuki bets on hybrids over EVs in clean shift India̢۪s largest automaker reckons that vehicles powered by hybrid technology, natural gas and biofuels present a better path toward a cleaner future than electric cars considering the nation generates about 75% of its electricity from dirty coal, Chairman R.C. Bhargava said in an interview.

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US embassy opens student visa appointments for mid-August campus dates

US embassy opens student visa appointments for mid-August campus dates Those who failed to clear the interview the first time and were refused visas can reapply. Appointments for second chances will open in the second half of August, the embassy said

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In Russia̢۪s war, China and India emerge as financiers

In Russia̢۪s war, China and India emerge as financiers Buying cheap oil from Russia offers economic and political advantages, but undercutting the West̢۪s efforts to isolate the Kremlin risks serious diplomatic fallout that neither country wants. China has avoided overtly supporting Russia̢۪s war in public statements, and India has portrayed itself as neutral

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Ukraine war robs India#39;s #39;Diamond City#39; of its sparkle

Ukraine war robs India#39;s #39;Diamond City#39; of its sparkle A local trade union in Surat estimates that between 30,000 and 50,000 diamond workers in Surat have lost their jobs due to the faraway war in Europe and the resulting sanctions on Russia, India#39;s biggest supplier of "rough" gemstones and a long-standing strategic ally

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Should you buy now, pay later? Watch out!

Should you buy now, pay later? Watch out! While the financing programs offer upsides like interest-free payments, there are potential dangers. The rule of thumb for financial security is to be aware of your budget and in control of your spending, personal finance, say experts

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Saturday, June 25, 2022

Should you buy now, pay later? Tread carefully

Should you buy now, pay later? Tread carefully While the financing programs offer upsides like interest-free payments, there are potential dangers. The rule of thumb for financial security is to be aware of your budget and in control of your spending, personal finance, say experts

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Friday, June 24, 2022

Tether: The coin that could wreck crypto

Tether: The coin that could wreck crypto Concern is mounting over another potential vulnerability in the crypto market: Tether, a company whose namesake currency is a linchpin of crypto trading worldwide

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Microsoft teams up with ICT Academy for cybersecurity skilling programme

Microsoft teams up with ICT Academy for cybersecurity skilling programme The programme, in its first year, will skill faculty and higher education students from rural engineering colleges in Tamil Nadu, Karnataka, Telangana, Assam, Uttarakhand, Delhi-NCR and Rajasthan.

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Thursday, June 23, 2022

Indian Oil expects oil prices to stay over $100/bbl in 2022

Indian Oil expects oil prices to stay over $100/bbl in 2022 Sandeep Kumar Gupta, director of finance at Indian Oil, also said at an industrial seminar he expects economic damage from the Russia-Ukraine conflict to contribute to a significant global growth slowdown in 2022.

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After Pure EV and Boom Motors, Ola Electric gets govt notice to explain e-scooter fires in 15 days

After Pure EV and Boom Motors, Ola Electric gets govt notice to explain e-scooter fires in 15 days The CCPA has given Ola Electric 15 days to reply to the notice. The notice was issued in mid-June, said people familiar with the matter. The CCPA issued notices to Pure EV and Boom Motors last month after their e-scooters exploded.

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Wednesday, June 22, 2022

After Pure EV and Boom Motors, Ola Electric gets govt notice to explain e-scooter fires in 15 days

After Pure EV and Boom Motors, Ola Electric gets govt notice to explain e-scooter fires in 15 days The CCPA has given Ola Electric 15 days to reply to the notice. The notice was issued in mid-June, said people familiar with the matter. The CCPA issued notices to Pure EV and Boom Motors last month after their e-scooters exploded.

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Allsec Technologies to merge with Quess Corp in all stock deal

Allsec Technologies to merge with Quess Corp in all stock deal Upon the scheme becoming effective, all the subsidiaries of Allsec will become subsidiaries of Quess.

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Allsec Technologies to merge with Quess Corp in all stock deal

Allsec Technologies to merge with Quess Corp in all stock deal Upon the scheme becoming effective, all the subsidiaries of Allsec will become subsidiaries of Quess.

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Spandana agrees to resolve disputes with ex-MD Padmaja Gangireddy amicably

Spandana agrees to resolve disputes with ex-MD Padmaja Gangireddy amicably The board of directors of the company and its subsidiaries -- Criss Financial Limited and Caspian Financial Services Limited -- on Tuesday approved the settlement agreement, the company said in a regulatory filing on Wednesday.

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Morning Scan: All the big stories to get you started for the day

Morning Scan: All the big stories to get you started for the day A round-up of the biggest articles from newspapers

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Top cryptocurrency news on June 22: Bitcoin at Rs 16 lakh, investors seek clarity from govt, Vauld cuts jobs and more

Top cryptocurrency news on June 22: Bitcoin at Rs 16 lakh, investors seek clarity from govt, Vauld cuts jobs and more A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day

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Tuesday, June 21, 2022

Top cryptocurrency news on June 22: Bitcoin at Rs 16 lakh, investors seek clarity from govt, Vauld cuts jobs and more

Top cryptocurrency news on June 22: Bitcoin at Rs 16 lakh, investors seek clarity from govt, Vauld cuts jobs and more A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day

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MC Insider: Healthcare delisting, bond troubles, investor blues, overzealous official, new unicorn, and more

MC Insider: Healthcare delisting, bond troubles, investor blues, overzealous official, new unicorn, and more NULL

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HDFC Bank to add 1,500-2,000 branches every year for 5 years

HDFC Bank to add 1,500-2,000 branches every year for 5 years Outlining justification for merger of HDFC with the HDFC Bank in his letter to shareholders in the annual report 2021-22, Jagdishan said: "The proposed merger adds an entirely different dimension to the future. We believe that the runway is huge, and we can potentially add an HDFC Bank every five years."

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Morning Scan: All the big stories to get you started for the day

Morning Scan: All the big stories to get you started for the day A round-up of the biggest articles from newspapers

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Metro projects to generate Rs 80,000 crore business opportunities for construction companies: ICRA

Metro projects to generate Rs 80,000 crore business opportunities for construction companies: ICRA In India, 15 cities have operational metro networks of about 746 km (many of which are undertaking expansion), the agency said adding another seven cities have under-implementation metro projects of about 640 km.

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Metro projects to generate Rs 80,000 crore business opportunities for construction companies: ICRA

Metro projects to generate Rs 80,000 crore business opportunities for construction companies: ICRA In India, 15 cities have operational metro networks of about 746 km (many of which are undertaking expansion), the agency said adding another seven cities have under-implementation metro projects of about 640 km.

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Agnipath scheme golden opportunity for industry to engage talented personnel; committed to offer jobs: BK Goenka

Agnipath scheme golden opportunity for industry to engage talented personnel; committed to offer jobs: BK Goenka Joining the chorus of other India Inc leaders -- including Mahindra Group chief Anand Mahindra and Tata Sons Chairman N Chandrasekaran, who on Monday had rallied behind the scheme -- Goenka said Agniveers will find suitable openings at different levels in Welspun, a group with interests in line pipes, home textiles, infrastructure and steel, among others.

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Govt department to collaborate with SBI for creation of integrated pension portal

Govt department to collaborate with SBI for creation of integrated pension portal Sessions on pension policy reforms and digitisation regarding the disbursement of pensions to central government pensioners were organised with the objective of updating SBI field functionaries during the two-day bankers#39; awareness programme in Udaipur, Rajasthan.

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Xpressbees extends same-day delivery to 1,000 cities, towns

Xpressbees extends same-day delivery to 1,000 cities, towns The platform will help them increase delivery speed significantly while keeping the costs low, said Amitava Saha, Founder, Xpressbees.

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Monday, June 20, 2022

Top cryptocurrency news on June 21: Bitcoin at Rs 17 lakh, industry fears contagion, and more

Top cryptocurrency news on June 21: Bitcoin at Rs 17 lakh, industry fears contagion, and more A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day

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Morning Scan: All the big stories to get you started for the day

Morning Scan: All the big stories to get you started for the day A round-up of the biggest articles from newspapers

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Sunday, June 19, 2022

China#39;s Realme cracks the smartphone market in India

China#39;s Realme cracks the smartphone market in India The move paid off, boosting the four-year-old newcomer̢۪s sales and helping it reach the No. 3 position in the fast-growing market with about 600 million smartphone users. Only Samsung Electronics Co. and Xiaomi Corp. sold more devices in India in the latest quarter, with Realme closing in.

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No hurry as we don#39;t want to get stuck with unviable aircraft: Vistara CEO Vinod Kannan on leasing B787 Dreamliner

No hurry as we don#39;t want to get stuck with unviable aircraft: Vistara CEO Vinod Kannan on leasing B787 Dreamliner .For more than a year, Boeing has not delivered any B787 plane as the US Aviation regulator wants it to first make rectifications in aircraft production line. Vistara had ordered six B787 planes in 2018 but it has got delivery of only two of those aircraft till date.

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Air India considering procuring over 200 new planes; 70% to be narrow-bodied jets

Air India considering procuring over 200 new planes; 70% to be narrow-bodied jets While Air India has zeroed in on Airbus#39;s A350 wide-bodied aircraft for the procurement, the talks with Airbus and Boeing for narrow-bodied aircraft is still on, they said. A wide-bodied plane like Airbus A350 has a bigger fuel tank that allows it to travel longer distances such as the India-US routes.

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Air India in talks with Airbus and Boeing to buy up to 300 narrowbody jets: Sources

Air India in talks with Airbus and Boeing to buy up to 300 narrowbody jets: Sources Airbus and Boeing declined comment on the negotiations, earlier reported by Bloomberg. Air India did not respond to a request for comment.

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Upstart China smartphone maker cracks notoriously tough India

Upstart China smartphone maker cracks notoriously tough India The move paid off, boosting the four-year-old newcomer̢۪s sales and helping it reach the No. 3 position in the fast-growing market with about 600 million smartphone users. Only Samsung Electronics Co. and Xiaomi Corp. sold more devices in India in the latest quarter, with Realme closing in.

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Delhi-bound SpiceJet flight returns to Patna as engine catches fire, passengers safe

Delhi-bound SpiceJet flight returns to Patna as engine catches fire, passengers safe All 185 passengers aboard the Patna-Delhi flight have been safely de-boarded

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Friday, June 17, 2022

Rupee settles flat at 78.09 against US dollar

Rupee settles flat at 78.09 against US dollar In the face of a sluggish trend in domestic stocks and ongoing foreign capital outflows, the rupee erased earlier gains to settle just 1 paisa higher at 78.09 (provisional) against the US dollar on Friday.

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Deltatech Gaming files Rs 550 Crore IPO papers with Sebi

Deltatech Gaming files Rs 550 Crore IPO papers with Sebi New Delhi, Jun 17 Deltatech Gaming Ltd, a digitally native, technology-led gaming platform, has filed preliminary papers with the markets regulator..

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Gold climbs by Rs 416; silver zooms Rs 1,014

Gold climbs by Rs 416; silver zooms Rs 1,014 NULL

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Foreigners pay more for gas in Hungary. It risks an EU fight

Foreigners pay more for gas in Hungary. It risks an EU fight The price of gasoline at the pump has been reduced in Hungary. But not if your licence plate is from another country. It#39;s also taxing sectors#39; "excess earnings," such as airlines, who have responded by raising ticket costs, such as Ryanair and EasyJet.

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Covaxin proven safe for children of 2-18 years age group in phase III study: Bharat Biotech

Covaxin proven safe for children of 2-18 years age group in phase III study: Bharat Biotech In a phase II/III research, Bharat Biotech International Ltd#39;s COVID-19 vaccine Covaxin was found to be safe, well-tolerated, and highly immunogenic in children and adolescents aged 2 to 18 years.

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Sequoia India grapples with fallout from governance snafus

Sequoia India grapples with fallout from governance snafus According to people familiar with the discussions, Sequoia Capital#39;s India partners, who were caught off guard by governance crises at startup companies in its portfolio earlier this year, promised investors at a meeting earlier this year that "lowlights" were essentially behind them.

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LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...