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Stock markets open on a high, Adani Enterprises among top gainers
Business

Stock markets open on a high, Adani Enterprises among top gainers

Mumbai, July 16: The Indian benchmark indices once again opened on a positive note on Tuesday in the run up to a blockbuster budget next week. Adani Enterprises, Coal India, M&M, Bharti Airtel and Tata Steel were among major gainers on the Nifty in the opening trade. While Sensex opened more...
Homegrown Namma Yatri app raises $11 mn with Google as investor
Business

Homegrown Namma Yatri app raises $11 mn with Google as investor

Bengaluru, July 16: Community led mobility app Namma Yatri on Tuesday said it has raised $11 million (about Rs 92 crore) in a pre-Series A funding round led by Blume Ventures and Antler, with participation from Google and other investors. Moving Tech, the company behind community led mobility apps...
LinkedIn launches new video experience for professionals in India
Business

LinkedIn launches new video experience for professionals in India

New Delhi, July 16: Professional networking platform LinkedIn on Tuesday launched a new video experience in India, in a bid to tap into one of the fastest-growing markets with uploads growing 60 per cent year-on-year in the country. The platform currently has more than 130 million members in...
Singapore’s Temasek eyes $10 bn investment in resilient India
Business

Singapore’s Temasek eyes $10 bn investment in resilient India

New Delhi, July 16: As the Indian economy remains resilient on its way to become the world’s third-largest one sooner than expected, Singapore's sovereign wealth fund Temasek is aiming to invest an additional over Rs 83,000 crore (about $10 billion) in the country in the next three years.The...
Stock markets open on positive note, HCLTech gains
Business

Stock markets open on positive note, HCLTech gains

Mumbai, July 15: The Indian benchmark indices opened on a positive note on Monday amid IT quarterly results and foreign institutional investors’ (FII) buying. The Sensex opened around 160 point up at the 80,674 level while the Nifty opened nearly 40 points up at the 24,540 level.HCLTech shares went...
SBI hikes lending rates
Business

SBI hikes lending rates

Mumbai, July 15: The country’s largest lender State Bank of India (SBI) has raised its benchmark marginal cost of lending rate (MCLR) by 5-10 basis points with effect from Monday (July 15).Interest rates on loans linked to MCLR are also likely to go up following the hike. The rate on loans of one...
OP Jindal Global University inks MoU with United Nations University to foster academic exchange
Business

OP Jindal Global University inks MoU with United Nations University to foster...

Sonipat, 15 July: O.P. Jindal Global University (JGU) and the United Nations University (UNU), Japan, have signed a Memorandum of Understanding (MoU) to establish ties of friendship and cooperation in the areas of higher education and research. The landmark agreement symbolises a significant step...
27 establishments add 30,000 employees, over Rs 1,688 cr to EPFO fund in 2 years
Business

27 establishments add 30,000 employees, over Rs 1,688 cr to EPFO fund in 2 years

New Delhi, July 14: The Centre on Sunday said that 27 establishments have surrendered their exemption in the last two years, adding about 30,000 employees and an amount of Rs 1688.82 crore to the Fund under the Employees' Provident Fund Organisation (EPFO).These establishments prefer to let EPFO...
Zoho opens first factory to assemble Karuvi power tools in rural India: CEO
Business

Zoho opens first factory to assemble Karuvi power tools in rural India: CEO

New Delhi, July 13: Sridhar Vembu, CEO and Co-founder of Cloud software major Zoho, on Saturday said the company has opened its first dedicated factory to assemble the Karuvi line of power tools. The company, situated in Tenkasi district in Tamil Nadu, last month announced to invest an undisclosed...
Union Budget: Nithin Kamath on how India can create more startup entrepreneurs
Business

Union Budget: Nithin Kamath on how India can create more startup entrepreneurs

New Delhi, July 12: As the Union Budget 2024-2025 approaches, Zerodha Co-founder and CEO Nithin Kamath on Friday shared his thoughts on how the country can create more entrepreneurs from small towns and villages by making startup investing mainstream. According to him, part of the solution is to do...
Centre launches Rs 750 crore fund for tech startups to boost agriculture
Business

Centre launches Rs 750 crore fund for tech startups to boost agriculture

Mumbai, July 12: The Ministry of Agriculture and Farmers’ Welfare in collaboration with the National Bank for Agriculture and Rural Development (NABARD) on Friday launched a Rs 750 crore ‘Agri Sure’ fund for startups to promote investment in innovative, technology driven and high impact activities...
Vizhinjam Port to help put India on top of global maritime map: Sarbananda Sonowal
Business

Vizhinjam Port to help put India on top of global maritime map: Sarbananda...

Kolkata, July 12: Congratulating the Adani Group for their commitment and perseverance for developing a world-class port in Kerala, Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, said that the performance of Vizhinjam Port will set a new benchmark, helping position the country...
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