NEWS
Chevron to invest $1billion in Bengaluru tech centre
22 Aug 2024
US energy giant Chevron has announced plans to invest $1 billion (around Rs8,390 crore) to set up a center of excellence for engineering and innovation in Bengaluru.
Govt launches pilot project to convert fair price shops to nutrition centres
21 Aug 2024
The government on Monday launched a pilot project for converting Fair Price Shops into `Jan Poshan Kendras’, with the aim of providing better income to ration shops and nutrition-rich food items to consumers.
Telephone subscriber base in India rose to 1.2 billion in FY24 Trai report
21 Aug 2024
The number of telephone subscribers in India stood at 1.199 billion at the end of March 2024, increasing by 2.30 per cent from 1.172 billion as of end-March 2023
Reliance, Disney mull concessions for merger approval by CCI
20 Aug 2024
Reliance and Walt Disney have offered to sell some regional language channels to address anti-trust concerns raised by the Competition Commission of India (CCI) over the $8.5 billion (Rs71,350 crore) merger of their India media assets
Candy maker Mars to buy snacks maker Kellanova for $36 billion
20 Aug 2024
American multinational confectionery and pet food manufacturer Mars Incorporated has agreed to acquire Cheez-It maker Kellanova, better known as Kellogg’s, in a $36 billion all-cash deal.
India, Australia announce Climate Smart Agritech programme for start-ups and MSMEs
20 Aug 2024
India and Australia have announced the start of a joint programme involving start-ups and micro, small and medium enterprises (MSMEs) from both countries for innovation in climate smart agritech applications.
JSW Cement to raise Rs4,000 crore via IPO, files draft papers with Sebi
20 Aug 2024
JSW Group firm JSW Cement has filed draft red herring prospectus with market regulator Securities and Exchange Board of India (Sebi) for an initial public offer (IPO) to raise up to Rs4,000 crore.
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Ola unveils India’s first AI chip
19 Aug 2024
Ola Cabs, which branched out from ride-hailing platform into electric scooter manufacturing Ola Electric and artificial intelligence modelling with Kritrum,
Govt seeks to empanel AI infra providers for India AI Mission
19 Aug 2024
Ministry of electronics, and information technology (MeitY) has invited AI service providers within the country for empanelment as AI service providers on cloud under the Rs10,372-crore India AI Mission.
SBI hikes MCLR-linked lending rates by 0.10%
18 Aug 2024
State Bank of India (SBI), the country’s largest public sector lender, has increased its Marginal Cost of Funds Based Lending Rate (MCLR) by 0.10 percentage points, beginning 15 August
Delhi HC disrupts SpiceJet flights with order to ground 3 engines for default on lease payments
18 Aug 2024
The Delhi High Court has ordered SpiceJet to ground three of its leased engines for failure to pay lease rentals to the lessors.
Centre approves Rs12,200-cr Thane Ring Metro Rail Project, expansion of Bangalore Metro
17 Aug 2024
The union cabinet on Friday approved the construction of well integrated Ring Metro Rail Project in Thane, near Mumbai, involving a total cost of Rs12,200 crore.
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