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Business
Venkatesh Tarakkad named as upGrad's first Chief Financial Officer
1 March 2024 2:45 PM IST
New Delhi, March 1: Ronnie Screwvala-founded upGrad on Friday said that the edtech unicorn has appointed Venkatesh Tarakkad as the first Chief Financial Officer (CFO). Tarakkad led finance, inventory, and strategic initiatives at DealShare and assumed his role at upGrad effective March 1. He...
Business
Coal India, BHEL join hands to set up ammonium nitrate plant based on coal...
29 Feb 2024 12:48 PM IST
New Delhi, Feb 28: Public sector giants Coal India Limited (CIL) and Bharat Heavy Electricals Limited (BHEL) on Wednesday signed a joint venture (JV) agreement for setting up an ammonium nitrate plant based on surface coal gasification technology, the Coal Ministry announced on Wednesday. The...
Business
S. Korean President, Meta CEO Zuckerberg discuss cooperation on AI
29 Feb 2024 12:46 PM IST
Seoul, Feb 29: South Korean President, Yoon Suk Yeol and Meta Platforms CEO, Mark Zuckerberg met in Seoul on Thursday and discussed ways to expand cooperation in the Artificial Intelligence (AI) and Extended Reality (XR) sectors, a presidential official said. Zuckerberg was in Seoul on a...
Business
Centre fixes 320 lakh tonnes wheat procurement target, 6 lakh tonnes for millets
29 Feb 2024 12:45 PM IST
New Delhi, Feb 29: The Centre has fixed the estimates for wheat procurement during the ensuing rabi marketing season 2024-25 in the range of 300-320 lakh metric tonnes after carrying out consultations with the states, the Food Ministry said on Thursday. Similarly, the estimates for paddy...
Business
Samsung Semiconductor India expands R&D footprint
29 Feb 2024 12:43 PM IST
New Delhi, Feb 29: Samsung Semiconductor India Research (SSIR) on Thursday announced the opening of its new research and development (R&D) facility in the country. This is SSIR's second office in Bengaluru, with a capacity to accommodate close to 1,600 professionals. Located at Bagmane...
Business
ONDC wins 'Start-up of the Year' award at 14th India Digital Awards
29 Feb 2024 12:42 PM IST
New Delhi, Feb 29: The Open Network for Digital Commerce (ONDC) on Thursday said that it has been awarded the "Start-up of the Year'' at the 14th India Digital Awards. The award recognised ONDC's contribution in developing a one-of-its-kind Open Network for digital commerce in India. ...
Business
Exploring potential: Investing wisely in small cap funds
28 Feb 2024 4:09 PM IST
Mutual fund schemes can be divided into several types based on the criterion of their categorisation. When investors categorise them based on the companies they invest in, they are often divided into three types – small-cap funds, mid-cap funds, and large-cap funds. Large-cap funds and mid-cap...
Business
PM Modi to inaugurate Rs 1,393 cr coalfield projects in Madhya Pradesh tomorrow
28 Feb 2024 3:20 PM IST
New Delhi, Feb 28: Prime Minister Narendra Modi will inaugurate two first mile connectivity projects of Northern Coalfields Limited (NCL) in Madhya Pradesh worth Rs 1,393.69 crore on Thursday, for the faster evacuation of coal in an environment-friendly way, the Coal Ministry said on Wednesday. ...
Business
SJVN commissions 100 MW solar power unit in Gujarat
28 Feb 2024 12:52 PM IST
New Delhi, Feb 27: SJVN Ltd has commissioned its 100 MW Raghanesda Solar Power Station located in Gujarat’s Banaskatha district, making it the government-owned company’s second green energy unit to go on stream this month. According to a Power Ministry statement issued on Tuesday, the project...
Business
Bill Gates visits Microsoft India Development Centre
28 Feb 2024 4:54 PM IST
New Delhi: Microsoft co-founder Bill Gates on Wednesday visited the Microsoft India Development Centre (IDC) in Hyderabad, a centre of innovation that he envisioned in 1998. IDC is celebrating its 25th year of groundbreaking research, engineering, and development, marking its pivotal role in...
Business
GeM to end FY24 with sales of Rs 4 lakh cr to govt: Piyush Goyal
27 Feb 2024 2:24 PM IST
New Delhi, Feb 27: The Government e-Marketplace (GeM) is set to close the fiscal year ending March 2024 with sales of Rs 4 lakh crore to the government from the turnover of Rs 422 crore in its first year of operation, Union Minister of Commerce & Industry, Piyush Goyal, said on Tuesday. ...
Business
Govt will continue with nextgen economic reforms in 3rd term: Nirmala Sitharaman
27 Feb 2024 1:11 PM IST
New Delhi, Feb 27: The Narendra Modi-led government will continue with the next-generation economic reforms to make India the third largest economy in the world, Finance Minister Nirmala Sitharaman said on Tuesday. “The third term that Prime Minister Narendra Modi will come in will ensure that...
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