SG Analytics appoints Dr. Kiran Bala as CHRO
NEW DELHI: SG Analytics (SGA), a Global Insights and Analytics Company, today announced the appointment of Dr. Kiran Bala as Chief Human Resources Officer (CHRO). Kiran brings over 18 years of experience leading high-performing human resources (HR) teams at global organizations, to her new role. As CHRO, Kiran will lead SG Analytics’ global HR strategy […]
Nagaland Assembly passes budget for 2022-23
NEW DELHI: The Nagaland Assembly on Thursday passed the Rs 24,239.96 crore budget for the 2022-23 financial year by voice vote. Chief Minister Neiphiu Rio, who also holds the finance portfolio, had presented a Rs 2212.74 crore deficit budget for the fiscal on Tuesday. With all 60 members of the House coming together to form […]
Bhookha Haathi attracts investment from US-based venture fund
NEW DELHI: In a significant boost to alternative food-based health and food tech startups, BhookhaHaathi Hospitality Private Limited (Bhookha Haathi), one of India’s fastest-growing startups in this space, announced fund-raising of an undisclosed amount of equity capital from Zera Ventures LLP – an Indian subsidiary of a USA-based Venture Fund. Investment banker Intellectual Investments & […]
Mukunda Foods raises USD 5 million from Zomato
NEW DELHI: Food robotics company Mukunda Foods has raised $5 million in a funding round led by Zomato, taking the company’s post-money valuation to $30 million. The brand has previously raised funds from Ncubate Capital, Singapore Angel Network, and Indian Angel Network. So far, the brand has raised a total of around $8 Million, including […]
SBI signs first Co-lending agreement with IIFL Home Finance
NEW DELHI: IIFL HFL, India’s fastest growing digital first home finance company, today announced signing of agreement with State Bank of India, a leading public sector bank, for Co-lending of priority sector home loans. This is SBI’s first Co-lending agreement with a home finance company. The loan sourcing and servicing will be managed by IIFL […]
Crayon Motors launches its low-speed premium Electric Scooter Envy
NEW DELHI: After the successful launch of Snow+ Electric Scooter in the Indian Markets, Crayon Motors, an Indian manufacturer of e-mobility solutions, strengthens its product line-up, announces its second low-speed, premium Electric scooter – Envy in the Indian markets. Big, bold, and beautiful, Envy is the answer to the premium budget needs of today’s India. […]
India achieves $400 billion merchandise exports well before target date:Piyush Goyal
NEW DELHI: The Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal today said that the achievement of USD 400 billion exports was the result of a concerted, collective effort by every sector, every stakeholder in the nation. Merchandise exports from India have crossed $400 billion in the […]
Godrej Interio aims to clock Rs 300 crore revenue in FY23
NEW DELHI: Godrej & Boyce, the flagship company of the Godrej Group announced that its business Godrej Interio, India’s leading furniture solutions brand, in home and institutional segments, announced that it will strengthen its infrastructure arm of business and eyes Rs 300 crore in the next fiscal. The brand plans to acquire 15% market share […]
USA says India is a bit shaky in terms of dealing with aggression of Russia
WASHINGTON: India is a bit shaky in terms of showing support against the Russian invasion of Ukraine, US President Joe Biden has said asserting that most American friends and allies have presented a united front in terms of dealing with Vladimir Putin’s “aggression”. On February 24, Russian forces launched military operations in Ukraine, three days […]
Supreme Court-appointed panel was against repealing 3 farm laws
NEW DELHI: A Supreme Court-appointed panel to study the three farm laws, which was scrapped by Parliament in November last year, had recommended that the three legislations should not be repealed saying they would be beneficial to farmers. The report, which was submitted to the apex court on March 19, 2021, was made public on […]
Japan is India’s 5th largest investor, 114 Japanese companies currently operate across India
NEW DELHI: In a big-ticket move, Japanese Prime Minister Fumio Kishida on Saturday announced an investment target of five trillion yen (Rs 3,20,000 crore) in India over the next five years after holding talks with his Indian counterpart Narendra Modi on a wide range of issues, including the Ukraine crisis. The two sides inked six […]
Brookfield pumps in Rs 2,000 crore into Jindal Poly Films’ packaging films unit
NEW DELHI: Jindal Poly Films has signed a pact with Brookfield Asset Management to sell 25 per cent stake in its packaging films business that will be hived off as a separate unit as part of the Rs 2,000-crore transaction. The proposed investment, which values the hived off entity at Rs 8,000 crore, will be […]
US recognises ‘reasoning’ behind India buying Russian oil: Spokesperson
NEW DELHI: The US may show understanding of India’s plans to buy discounted oil for economic reasons from Russia, US President Joe Biden’s spokesperson Jen Psaki has indicated. Asked at her daily briefing on Friday about “largest democracy” India buying oil from Moscow, she said that while the US has banned Russian oil import, “every […]
DLF to invest Rs 550 crore to construct 1-mn-sqft office building in Chennai
NEW DELHI: Realty major DLF has announced an investment of around Rs 550 crore to construct a one-million-square-feet office building for Standard Chartered Global Business Services’ largest campus globally. Tamil Nadu Chief Minister M K Stalin laid the foundation stone of the office campus in ‘DLF Downtown’ project at Taramani in Chennai. In October 2020, […]
Hurting from sanctions on Russia, India is losing faith in the West
By Mihir Sharma | NEW DELHI: On Wednesday, Indian government officials said that state-controlled Indian Oil Corp. had reached a deal to buy 3 million barrels of oil from Russia’s Rosneft Oil Co. at a 20% discount to global prices. This is a drop in the ocean of India’s oil needs, which stood at 4.5 […]
HDFC Capital to buy 7.2% stake in realty start-up Loyalie IT Solutions
NEW DELHI: HDFC on Thursday said it will acquire 7.2 per cent stake in proptech start-up Loyalie IT Solutions Pvt Ltd for Rs 1.1 crore. Founded by Akhil Sharaf in 2018, Loyalie, which has recently been renamed as Reloy, has been working closely with top builders to create the perfect home owning journey through their […]