Category: Business

Indian AI startups fuel innovation amid record funding, govt push

New Delhi, Dec 23 (SocialNews.XYZ) As funding becomes scarce for the Indian startup ecosystem in general, the explosion of Artificial…

2 years ago

Centre releases additional Rs 72,961 crore from tax kitty to states

New Delhi, Dec 22 (SocialNews.XYZ) The Central government has authorised the release of an additional installment of tax devolution amounting…

2 years ago

‘Allowing LIC time period of 10 years is a welcome step’

New Delhi, Dec 22 (SocialNews.XYZ) Founder MMJC & Associates Makarand M Joshi on Friday said that the decision of allowing…

2 years ago

Global credit rating agencies must be transparent, fair to developing nations: CEA

New Delhi, Dec 22 (SocialNews.XYZ) Credit rating agencies such as Fitch, Moody’s and S&P, need to reform their sovereign rating…

2 years ago

Essar selects technology partner for Essar Oil UK’s Industrial Carbon Capture facility paving way to reduce CO2 emissions by 1 million tons

New Delhi, Dec 22 (SocialNews.XYZ) Essar Oil UK announces the selection of a second key licensor technology provider, Topsoe, for…

2 years ago

Nifty midcap100 up 44% while Nifty smallcap100 surges 54%

New Delhi, Dec 22 (SocialNews.XYZ) Domestic markets are ending the year 2023 on a buoyant note as Nifty scales above…

2 years ago

Broader market rally cannot continue for long, warn analysts

New Delhi, Dec 22 (SocialNews.XYZ) The concern in the market now is the excessive valuations in the mid and small-cap…

2 years ago

Lina Khan-led FTC proposes new rules to curb monetisation of kids’ data

San Francisco, Dec 22 (SocialNews.XYZ) The Federal Trade Commission (FTC) in the US has proposed sweeping changes to regulations to…

2 years ago

Virgin Hyperloop One to shut down operations on Dec 31

San Francisco, Dec 22 (SocialNews.XYZ) High-speed transportation service Hyperloop One, once backed by billionaire Richard Branson’s Virgin Group, is shutting…

2 years ago

Zomato denies any offer to acquire logistics platform Shiprocket for $2 bn (Lead)

New Delhi, Dec 21 (SocialNews.XYZ) Online food platform Zomato on Thursday said it has not made any offer to acquire…

2 years ago

Govt grants LIC exemption from 25% public shareholding rule till 2032

New Delhi, Dec 21 (SocialNews.XYZ) Government-owned Life Insurance Corporation of India (LIC) said on Thursday that the Finance Ministry has…

2 years ago

Govt inks pact for Rs 22,627cr Japanese loan to finance bullet train project

New Delhi, Dec 21 (SocialNews.XYZ) The Japan International Cooperation Agency (JICA) has signed a loan agreement with the Central government…

2 years ago

Zomato offers to acquire logistics platform Shiprocket for $2 bn: Report

New Delhi, Dec 21 (SocialNews.XYZ) Online food platform Zomato has made an offer to acquire homegrown logistics solution provider Shiprocket…

2 years ago

Govt to hold pre-bid meet for critical mineral auction on Dec 22

New Delhi, Dec 21 (SocialNews.XYZ) The Ministry of Mines said on Thursday that it will be conducting a pre-bid conference…

2 years ago

Bandhan Bank selling stressed home loan portfolio

Mumbai, Dec 21 (SocialNews.XYZ) Bandhan Bank on Thursday said it will sell its stressed housing finance portfolio to an asset…

2 years ago

Markets likely to move in a range

Mumbai, Dec 21 (SocialNews.XYZ) Markets are likely to move in a range as investor participation is expected to gradually decline…

2 years ago

Rise in oil prices can hinder market rally of last 2 months

Mumbai, Dec 21 (SocialNews.XYZ) A gradual rise in oil prices along with concern over high domestic food inflation may pose…

2 years ago

Samsung announces Medications tracking feature to its Health app

Seoul, Dec 21 (SocialNews.XYZ) Samsung has announced a new Medications tracking feature to its Health app that will help users…

2 years ago

RBI directs banks to roll out Card-on-File token facility for customers

Mumbai, Dec 21 (SocialNews.XYZ) The RBI has issued a circular to all banks for introducing the Card-on-File (CoF) token facility…

2 years ago

Ashok Leyland bags orders for 552 buses from TN transport corporation

Chennai, Dec 21 (SocialNews.XYZ) Commercial vehicles major Ashok Leyland Ltd on Thursday said it has bagged an order for 552…

2 years ago



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