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Business
Ruby Mills updates on pending litigations & disputes
12 Jan 2024 12:36 PM IST
New Delhi, Jan 12: Ruby Mills has made a disclosure on January 5 regarding the company petition filed by Shreem Corporation Pvt. Ltd., (through its Resolution Professional), formerly known as Rajput Retail Limited (RRL) against the company concerning disputes between and the Promoters/Directors of...
Business
Zoomcar appoints Adarsh Menon as President to lead its business
11 Jan 2024 11:32 AM IST
Bengaluru, Jan 11: Car sharing platform Zoomcar on Thursday announced the appointment of Adarsh Menon as its President to lead its business. Menon will be responsible for all aspects of growth, operations and customer experience for the company, said the company, which got listed recently on...
Business
India, UAE aim to take bilateral trade to $100 billion: Piyush Goyal
11 Jan 2024 11:27 AM IST
Gandhinagar, Jan 10: Commerce and Industry Minister Piyush Goyal on Wednesday said that India and UAE aspire to expand their bilateral trade to $100 billion. He also highlighted efforts that were underway to facilitate rupee-dirham trade. Addressing the UAE India Business Summit at the Vibrant...
Business
PM Modi attends Global FinTech meeting in GIFT city
11 Jan 2024 11:26 AM IST
Gandhinagar, Jan 10: Prime Minister Narendra Modi on Wednesday attended the Global FinTech Forum at the GIFT city here. "Attended the Global FinTech Forum at GIFT city today. It was a great convergence of brilliant minds in finance & technology, discussing innovative solutions for the digital...
Business
EET Hydrogen's plans for UK’s largest hydrogen production hub given green light
11 Jan 2024 11:23 AM IST
New Delhi, Jan 11: Cheshire West & Chester Council has approved groundbreaking plans by EET Hydrogen for the first large-scale, low carbon hydrogen production plant (HPP1) in the UK located at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. Consisting of two plants (HPP1 and...
Business
Re-appointment of three Directors approved in AGM: SpiceJet in BSE intimation
11 Jan 2024 11:22 AM IST
New Delhi, Jan 11: In its stock exchange intimation on Thursday, the SpiceJet said that during the annual general meeting, issue and allotment of 31,83,00,000 equity shares of Rs 10 each at a price of Rs 50 per share on preferential basis, and reappointment of three directors have been approved. ...
Business
Meta lays off technical programme managers at Instagram
11 Jan 2024 11:21 AM IST
New Delhi, Jan 11: Meta has started the New Year with laying off some technical programme managers (TPMs) at Instagram and reports said that at least 60 such jobs are either being consolidated or eliminated. According to a post on Blind, an anonymous forum and community for verified tech...
Business
EU-India collaboration can elevate Indian unicorns: Former Belgian PM
10 Jan 2024 11:34 AM IST
Hyderabad, Jan 9: Former Prime Minister of Belgium Yves Leterme has said that the collaboration between the European Union and India can elevate Indian unicorn and enhance digital competition. He was addressing an international conclave on 'India-EU as strategic partners for the future of higher...
Business
Ex-Twitter CEO Parag Agrawal raises $30 mn for his AI startup: Report
10 Jan 2024 11:32 AM IST
San Francisco, Jan 9: Former Indian-origin Twitter CEO Parag Agrawal has entered the artificial intelligence (AI) race, with reportedly raising $30 million for his startup. Agrawal, who was sacked by Twitter (now called X) owner Elon Musk in late 2022, raised about $30 million in funding for an...
Business
Investors are warning govts over high levels of public debt: Report
10 Jan 2024 11:31 AM IST
London, Jan 9: Investors around the world are warning governments over “unmoored” levels of public debt, saying that excessive pre-election borrowing promises risk sparking a bond market backlash, media reports said. Government debt issuance in the US and the UK is expected to soar to the highest...
Business
Defence, Railways stocks have run up too much too fast, say analysts
10 Jan 2024 11:29 AM IST
New Delhi, Jan 10: The market is moving up and down without a directional trend. Up moves are countered with selling and down moves are responding by buying. A trend might emerge in the coming days in response to Q3 results, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial...
Business
Delhi HC upholds PepsiCo patent claim for Lay's potato variety
10 Jan 2024 11:28 AM IST
New Delhi, Jan 9: The Delhi High Court on Tuesday overturned a previous decision and ruled in favour of PepsiCo, allowing the company to claim a patent for the potato variety exclusively grown for its Lay's potato chips. A division bench set aside a July 2023 order that had upheld the revocation...
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