Gates Foundation announces $1.27 billion aid for social issues, climate change
NEW DELHI: The Bill and Melinda Gates Foundation has announced fresh financial assistance totalling USD 1.27 billion to address poverty and social inequalities at the end of its two-day event that saw the participation of over 300 young change-makers from across the globe. The announcement on the financial commitment came over a week after the […]
TerraPay, NPCI collaborate for merchant payments via UPI-enabled QR codes
NEW DELHI: In a strategic move to further strengthen its cross-border payment solutions, TerraPay, a leading global payments infrastructure group today announced its partnership with NPCI International Payments Limited (NIPL), the International arm of National Payments Corporation of India (NPCI). This association with NIPL will allow Indian customers and merchants in India with an active […]
India defends decision to ban rice, wheat exports at WTO meeting
NEW DELHI: India has defended its decision to ban export of wheat and rice at a WTO meeting even as some member countries have flagged concerns over the country’s stand, an official said. At a meeting last week in Geneva, Senegal, the US and the European Union raised questions over this decision, stating it could […]
US lawmakers call for strong ties with India, hail Indian-Americans’ help
WASHINGTON: Top Senators and influential Congressmen have advocated for a strong India-US tie and underscored the contribution of the Indian-American community in this matter. At the Indian Independence Day celebrations event at the US Capitol on Wednesday, Senator Joe Manchin, a West Virginia Democrat, recalled his visits to India and seeing “the greatness of the […]
13 US firms on two-day visit to explore Telangana’s aerospace ecosystem
NEW DELHI: As many as 13 USA aerospace companies arrived here on Wednesday for a two-day trade mission to explore Telangana’s aerospace ecosystem and meet with potential business partners in the region. A press release from the US Consulate here said the trade mission, which is organised by the US Commercial Service in India, will […]
Liquor rates to rise as government hikes excise duty by 15% in Arunachal Pradesh
ITANAGAR: Indian made foreign liquor (IMFL) in Arunachal Pradesh is set to become costlier, as the state cabinet has decided to increase the existing rates of excise duty by 15 per cent on all types of hard liquor (IMFL and bottled in original products) to be paid before the import or removal from the manufacturer. […]
Gateway Distriparks announces new ICD at Jaipur
NEW DELHI: Gateway Distriparks Limited (GDL) announces that the company has completed the purchase of land at Dhanakya, near Jaipur, and will now commence construction of a new rail-linked Inland Container Depot (ICD). This will be the company’s 5th ICD besides five Container Freight Stations taking the total to 10 container terminals on a pan […]
Maharashtra to invite fresh bids for Dharavi redevelopment project
NEW DELHI: The Maharashtra cabinet on Wednesday decided to invite fresh bids for the Dharavi Redevelopment project and offer additional benefits for the project, a statement said. This decision taken by the cabinet headed by Chief Minister Eknath Shinde for the Dharavi Redevelopment project also entails formation of a Special Purpose Vehicle (SPV) for one […]
DGCA orders SpiceJet to continue operating at 50% capacity till October 29
NEW DELHI: Aviation safety regulator DGCA has extended the cap on SpiceJet flights by a little over one month as a matter of “abundant caution”, according to an official order on Wednesday. The Directorate General of Civil Aviation (DGCA) had on July 27 ordered SpiceJet to operate a maximum of 50 per cent of its […]
CBI arrests ABG founder Rishi Agarwal in Rs 22,842 crore bank fraud case
NEW DELHI: The CBI on Wednesday arrested Rishi Kamlesh Agarwal, the founder of ABG Shipyard Limited, in connection with an alleged bank fraud of more than Rs 22,842 crore, officials said. The Central Bureau of Investigation (CBI) had booked Agarwal, a former chairman of the company, the then executive director Santhanam Muthaswamy, and directors Ashwini […]
Wipro fired 300 staff found working with rivals at same time: Rishad Premji
NEW DELHI: Wipro Chairman Rishad Premji on Wednesday said that 300 people who worked with the company were also found to be working for one of its competitors at the same time, as he firmly stood his ground that moonlighting is “complete violation of integrity in its deepest form”. Speaking at an AIMA event, Premji […]
Biological E’s Mahima Datla richest woman in Andhra Pradesh, Telangana: Report
NEW DELHI: With a wealth of Rs 8,700 crore, Mahima Datla and family, promoter of Biological E Ltd is the richest woman in Andhra Pradesh and Telangana to feature in the IIFL Wealth Hurun India Rich List 2022. She is in the 10th position when it comes to overall list of both the states. Krishna […]
ASUS launches Vivobook 14 touch, available on Flipkart
NEW DELHI: Taiwanese tech giant, ASUS, today announced the launch of the Vivobook 14 touch (X1402) in India. Vivobook 14 will be available on Flipkart. Strengthening the Vivobook portfolio in the country, ASUS has introduced the new Vivobook 14 (X1402) with touch screen capability as well as technologically sophisticated versatility in a sleek form factor. […]
Coforge joins hands with Databricks
NEW DELHI: Coforge Limited, a global digital services and solutions provider announced a new alliance with Databricks, the lakehouse company. As a Databricks consulting and implementation partner, Coforge will bring in a fusion of its innovations to build industry-specific solutions and services for enterprises across the globe leveraging Databricks’ Lakehouse Platform. As part of this […]
SG Analytics appoints Amit Shanker as Advisory Board Member
NEW DELHI: SG Analytics, the market leader in research and data analytics services, has appointed Amit Shanker, based in the US, as an Advisory Board Member. “I am excited to welcome Amit as his entry will bolster our efforts to provide more value to our customers and deepen our relationships in Data Analytics and Investment […]
Panasonic launches industry’s truly smart Washing Machine this festive season
NEW DELHI: Panasonic Life Solutions India (PLSIND), a leading diversified technology company launched a new line-up of India’s truly smart washing machines this festive season. Powered by Panasonic’s connected living platform – Miraie, the new range of top-load smart washing machines come with unique smart features along with premium design. The new models come in […]