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Rajeev Chandrasekhar welcomes US giant UPS to come and manufacture in India

May 29, 2024

New Delhi, May 29 (IANS) Union Minister Rajeev Chandrasekhar on Wednesday welcomed American major United Parcel Service (UPS) for its plans to manufacture tags used in tracking packages in the country.UPS is a multinational shipping and supply chain management company founded in 1907.In a post on X social media platform, Chandrasekhar said the…

Razorpay POS launches ‘Q-Zap’ to enable faster checkouts, zero queues

May 29, 2024

New Delhi, May 29 (IANS) Razorpay POS, the offline payments arm of the fintech major, on Wednesday launched 'Q-Zap', a payment solution for retailers, designed to enable faster checkouts and zero queues.With the help of Q-Zap, the company…

Business

Muthoot Pappachan Group Announces Shah Rukh Khan as New Brand Ambassador

May 29, 2024

Muthoot Pappachan Group (MPG), a 137-year-old leading business conglomerate in India, popularly known as Muthoot Blue announces Shah Rukh Khan

Business

DGFT Holds Revised Wastage Norms for Gem & Jewellery Exports: GJEPC

May 29, 2024

On behalf of the industry, the Gem & Jewellery Export Promotion Council (GJEPC) extends its heartfelt appreciation to the Directorate General of Foreign Trade

Business

S&P Global upgrades India’s outlook to positive from stable amid robust economic growth

May 29, 2024

New Delhi, May 29 (IANS) Global rating agency S&P Global on Wednesday revised India's outlook from stable to positive on Wednesday, as the country continues to excel in long-term economic growth amid political stability.S&P Global…

Business

EV-maker Euler Motors raises Rs 200 cr to expand its operations to over 40 cities

May 29, 2024

New Delhi, May 29 (IANS) Electric Vehicle (EV) manufacturer Euler Motors on Wednesday said that it raised an additional Rs 200 crore to close its Series C funding round, bringing the total funding raised in this round to Rs 570 crore. The…

Business

17 teams emerge as winners in ‘Build for Bharat’ initiative by ONDC, others

May 29, 2024

Bengaluru, May 29 (IANS) Seventeen teams emerged as winners in the 'Build for Bharat' initiative, launched by the government's Open Network for Digital Commerce (ONDC), in collaboration with Startup India, Google Cloud India, Antler in…

Business

RBI warns ARCs over evergreening distressed assets

May 29, 2024

Mumbai, May 29 (IANS) The RBI has found several instances of Asset Reconstruction Companies, which have been set up to recover NPAs of banks, not fulfilling their role but instead using innovative ways to structure transactions in order to…

Business

Robotics firm DiFACTO raises Rs 40 cr from Stakeboat Capital

May 29, 2024

New Delhi, May 29 (IANS) Robotics and automation solutions provider DiFACTO on Wednesday said it secured Rs 40 crore from private equity firm Stakeboat Capital in its Series A round.The funds will be used to fuel the company's growth and…

Business

Pluckk clocks Rs 100 cr ARR, aims to double revenue in 12 months

May 29, 2024

Mumbai, May 29 (IANS) Pluckk, a pioneering digital lifestyle-oriented fresh food brand, has concluded FY24 with an Annualised Revenue Runrate (ARR) of Rs 100 crore. Operating in major cities like Delhi, Mumbai, Bangalore and Pune, Pluckk is…

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