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Business
Telangana signs investment deals worth over Rs 40K crore at Davos
20 Jan 2024 2:48 PM IST
Hyderabad, Jan 19: Telangana has signed investment deals worth Rs 40,232 crore at the World Economic Forum annual meeting at Davos. The state government said that the visit by the delegation led by Chief Minister A. Revanth Reddy, and also comprising IT & Industries Minister D Sridhar Babu...
Business
Amazon removes 'Shri Ram Mandir Ayodhya Prasad' sweets after CCPA notice
20 Jan 2024 2:47 PM IST
New Delhi, Jan 20: After getting a notice from the Central Consumer Protection Authority (CCPA), Amazon has removed sweets sold under the name 'Shri Ram Mandir Ayodhya Prasad'. The products include 'Ghee Bundi Ladoo', 'Khoya Khobi Ladoo', 'Raghupati Ghee Ladoo', and 'Desi Cow Milk Peda', reports...
Business
Stock markets to observe trading holiday on Jan 22
20 Jan 2024 2:45 PM IST
Mumbai, Jan 19: Stock exchanges will observe trading holiday on January 22 in Equity, Equity Derivatives, SLB Segment. BSE cited a notification of Maharashtra General Administration Department dated January 19 regarding declaration of public holiday on January 22 and RBI press release regarding...
Business
Tata Steel to shut blast furnaces at UK plant; 2,800 jobs likely to go
20 Jan 2024 2:43 PM IST
London, Jan 19: Tata Steel said on Friday that it will be shutting down the two blast furnaces in its plant in the UK by the end of this year, which would result in the loss of up to 2,800 jobs at the company's Port Talbot steelworks in Wales. The company is switching to lower carbon electric arc...
Business
India will need 2,840 new aircraft in 20 years, says Airbus
19 Jan 2024 11:34 AM IST
Hyderabad, Jan 19: India will need 2,840 new aircraft over the next two decades to serve the needs of its growing civil aviation market, Airbus India and South Asia President and Managing Director Remi Maillard said on Thursday. Addressing a press conference on the sidelines of ‘Wings India 2024’...
Business
Vans & The North Face owner admits hackers stole 35 mn customers’ data
19 Jan 2024 11:33 AM IST
San Francisco, Jan 19: Vans footwear maker VF Corp has admitted it was hit by a cyber attack that led to a breach of personal data of about 35.5 million consumers. VF Corp, the parent company of the popular apparel brands Vans, Supreme and The North Face, said in a regulatory filing that hackers...
Business
Bengaluru, Delhi airports get best airport award at Wings India
19 Jan 2024 11:25 AM IST
Hyderabad, Jan 18: Bengaluru and Delhi Airports were adjudged as the best airports at Wings India 2024, the civil aviation conclave and the exhibition that began here on Thursday. Union Civil Aviation Minister Jyotiraditya M. Scindia presented Wings India Awards 2024 at a function held at a city...
Business
Airbus A350, Boeing 777X steal show at Wings India 2024
19 Jan 2024 11:24 AM IST
Hyderabad, Jan 18: Boeing 777X and Airbus A350-900 were the centre of attraction at Wings India 2024, Asia’s largest event on civil aviation which began at Begumpet Airport here on Thursday. Around 25 aircraft are on display at the four-day aviation conclave and exhibition. Boeing's newest...
Business
Tata, Uber plan to expand operations in Telangana
19 Jan 2024 11:19 AM IST
Hyderabad, Jan 19: Tata Group and Uber plan to expand their operations in Telangana while Systra Group is looking to set up a digital centre. This was the outcome of the meetings Telangana delegation led by Chief Minister A. Revanth Reddy had with representatives of these companies on the...
Business
Adani Group to set up Rs 50 K crore hyperscale data centre infrastructure in...
18 Jan 2024 12:20 PM IST
Mumbai, Jan 17: The Maharashtra government and Adani Enterprises Ltd (AEL) on Wednesday signed a MoU to set up a 1 GW hyperscale data centre infrastructure with an investment of Rs 50,000 crore in 10 years, officials said. The MoU was inked in presence of Adani Group Founder & Chairman Gautam...
Business
Rs 30 lakh each penalty imposed on Air India & SpiceJet for not rostering CAT...
18 Jan 2024 12:19 PM IST
New Delhi, Jan 17: Aviation watchdog DGCA on Wednesday said that a penalty of Rs 30 lakhs each has been imposed on SpiceJet and Air India after they did not roster CAT II/III and LVTO qualified pilots for some of the flights and their reply to its notice was not satisfactory. "Before the onset of...
Business
Govt to make highway projects more attractive for pvt investors: Gadkari
18 Jan 2024 12:18 PM IST
New Delhi, Jan 17: Minister of Road Transport and Highways Nitin Gadkari on Wednesday said that the government is committed to revive the build-operate-transfer (BOT) model for road projects and make it more investment friendly and attractive for private partnerships. "This will not only...
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