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Fintech firm slice completes merger with North East Small Finance Bank
Business

Fintech firm slice completes merger with North East Small Finance Bank

Bengaluru, Oct 28: Fintech company slice and North East Small Finance Bank (NESFB) on Monday announced a successful completion of their merger, following the shareholder and regulatory approvals. The deal is the first of its kind, with a new-age finance company stepping in to rescue a licence bank....
CBDT extends deadline to file income tax returns by corporate to Nov 15
Business

CBDT extends deadline to file income tax returns by corporate to Nov 15

New Delhi, Oct 26: The Central Board of Direct Taxes (CBDT) on Saturday extended the deadline for filing income tax (I-T) returns by corporates by 15 days till November 15 for the assessment year 2024-25. The earlier deadline was October 31. The CBDT said in a circular that it has extended due date...
India, Germany collaborate to boost research in advanced materials
Business

India, Germany collaborate to boost research in advanced materials

New Delhi, Oct 26: Underscoring the commitment to foster cutting edge research that will drive innovation and address global challenges, India and Germany have signed a joint declaration to boost research and development in advanced materials. The exchange was held in the presence of Prime Minister...
Finance Minister Sitharaman expresses frustration with slow FDI inflow
Business

Finance Minister Sitharaman expresses frustration with slow FDI inflow

Washington, Oct 26: Union Finance Minister Nirmala Sitharaman on Friday expressed frustration with the slow crawl of foreign investments to India despite its textbook appeal as a dynamic and robust economy. "What is holding the investors back?" Sitharaman said responding to a question at a think...
Central govt employees to get additional compassionate pension after 80
Business

Central govt employees to get additional compassionate pension after 80

New Delhi, Oct 25: Central government pensioners aged 80 and older will qualify for an additional pension called compassionate allowance, according to a recent notification from the Department of Pension and Pensioners’ Welfare (DoPPW), under the Ministry of Personnel, PG and Pensions. DoPPW has...
‘ITU-WTSA 2024’ establishes India as key player in telecommunications industry
Business

‘ITU-WTSA 2024’ establishes India as key player in telecommunications industry

New Delhi, Oct 25: Through the use of technology, India has taken a great leap forward not only in terms of bridging the digital divide but also ensuring gender inclusion, the government has stressed. As the International Telecommunications Union World Telecommunication Standardization Assembly...
India
Business

India's data centre capacity will increase to 5,000 MW in next eight years:...

Mumbai, Oct 24: In the AI era, data centres are going to be a powerhouse for the tech ecosystem and India's data centres capacity will increase to 5,000 megawatts in the next seven or eight years, Yotta Data Services co-founder CEO and MD Sunil Gupta said on Thursday. Gupta said that India has grown...
German Chancellor Olaf Scholz heads to New Delhi for intergovernmental consultations
Business

German Chancellor Olaf Scholz heads to New Delhi for intergovernmental...

New Delhi, Oct 24: German Chancellor Olaf Scholz will arrive in New Delhi Thursday night for the 7th Intergovernmental Consultations (IGC) that will take place on Friday under the motto 'Growing Together with Innovation, Mobility and Sustainability'. Scholz, who had visited India twice last year for...
Indian D2C jewellery segment garners $103 mn in funding this year, surpasses US
Business

Indian D2C jewellery segment garners $103 mn in funding this year, surpasses US

Bengaluru, Oct 24: The Indian direct-to consumer (D2C) jewellery segment, with over 550 startups, has garnered $103 million in funding this year to date, according to a report on Thursday. In 2023, the D2C jewellery segment in India raised a total of $104 million, marking a 57 per cent increase from...
No country in the world, whether US or China, can ignore India: Nirmala Sitharaman
Business

No country in the world, whether US or China, can ignore India: Nirmala...

Washington, Oct 24: Union Finance Minister Nirmala Sitharaman has said that India wants to enhance its influence in the world as one in every six persons is Indian and the world cannot ignore India's economy. Union Minister Sitharaman said that no country, whether the US which is far away or China...
Indian share market opens flat, HDFC Bank and TCS among top gainers
Business

Indian share market opens flat, HDFC Bank and TCS among top gainers

Mumbai, Oct 23: The Indian stock market opened flat on Wednesday as buying was seen in the IT, financial services, FMCG and metal sectors in the early trade. Sensex opened at 80,151.67 with a fall of 69.05 points or 0.09 per cent while Nifty opened at 24,437.70 with a slide of 34.40 points or 0.14...
Paytm gets NPCI nod to onboard new UPI users
Business

Paytm gets NPCI nod to onboard new UPI users

New Delhi, Oct 23: One97 Communications (OCL), the company that operates Paytm, said on Tuesday that it received a nod from the National Payments Corporation of India (NPCI) to onboard new UPI users. The permission was granted by NPCI Managing Director and Chief Executive Officer (CEO) Dilip Asbe...
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