Rebel Foods expects to double revenue this year at Rs 800 crore
NEW DELHI:Goldman and Sequoia-backed Rebel Foods, which claims to be the largest cloud kitchen with over 4,500 stores, is expecting to double its revenue to about Rs 800 crore in the current fiscal and expand overseas presence by entering more markets in Southeast Asia, Middle East & Northern Africa and the European Union, next year. […]
India’s finance ministry to monitor revenue, expenditure on daily basis from March 15
NEW DELHI: Keen to keep government deficit within stated targets, the finance ministry will from March 15 start daily monitoring of the revenue receipts, including tax collections, as well as expenditure. The move comes against the backdrop of a possible deferment of the initial public offering (IPO) of LIC, which was expected to fetch over […]
India sends second shipment of wheat to Afghanistan via Pakistan
NEW DELHI: India on Thursday sent the second shipment of 2,000 metric tonnes of wheat to Afghanistan via Pakistani land route as part of its humanitarian aid to Afghan people who have been reeling under food shortage. India despatched the first consignment of 2,500 metric tonnes of wheat to Afghanistan through Pakistani on February 22 […]
AIIB puts its projects in Russia, Belarus on hold due to Ukraine crisis
NEW DELHI: China-based Asian Infrastructure Investment Bank (AIIB) on Thursday put on hold all its projects in Russia and its ally Belarus, a significant move amid the heightening crisis in Ukraine. The bank’s decision was regarded as noteworthy considering that Russia is its third-largest shareholder. India is the second-largest shareholder after China. Former RBI Governor Urjit […]
Jet Airways appoints Sanjiv Kapoor as CEO
NEW DELHI: Grounded carrier Jet Airways on Friday announced the appointment of Sanjiv Kapoor as the chief executive officer. His appointment to the post comes days after the airline brought in former Sri Lankan Airlines CEO Vipula Gunatileka as the chief financial officer. Kapoor, who is currently the president of Oberoi Hotels and Resorts, has […]
Jharkhand government tables over Rs 1 lakh crore budget for FY’23
NEW DELHI: Aiming at fuelling growth, the JMM-led Jharkhand government Thursday unveiled a Rs 1.01-lakh crore budget for the 2022-23 fiscal, with a proposal to hike capital expenditure by 59 per cent. The Hemant Soren government had presented a budget of Rs 91,277 crore for the financial year 2021-22. Earlier, the Jharkhand Assembly was adjourned […]
HIMS Hospital and Sridhar University launch the training of ‘The Invisible Medicine’
New Delhi: With the collaboration of HIMS hospital and Shridhar University, the launch/training of the event ‘the Invisible Medicine’ took place in the huge LTG auditorium situated at Copernicus Marg, Mandi House, New Delhi. Dr. Om Prakash Gupta, Registrar, Shridhar University, was the Chief Guest on the occasion. Apart from the Directors and Promoters of […]