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Interoperable payment system for Net banking to be launched this year: RBI chief

Mar 4, 2024

Mumbai, March 4 (IANS) RBI Governor Shaktikanta Das on Monday said that the interoperable payment system for internet banking is expected to be launched this year to facilitate quicker settlement of funds for merchants.He said that the RBI has given its approval for implementing such an interoperable system to NPCI BharatBill Pay Ltd (NBBL) and the…

Tata Motors to demerge business into two separate listed companies

Mar 4, 2024

New Delhi, March 4 (IANS) The Board of Directors of Tata Motors Ltd (TML), at its meeting on Monday, approved the proposal of demerger of Tata Motors Ltd into two separate listed companies, housing the commercial vehicles business and its…

Business

‘Increasing women workforce key for India to become $7 trillion economy’

Mar 4, 2024

New Delhi, March 4 (IANS) India's goal to become a $7 trillion economy is only possible when participation of women in the workforce increases by 50 per cent, according to an expert on Monday. While millions of Indian women are working in…

Business

Sula Vineyards to open two tasting rooms next fiscal, hopes for good grape harvest

Mar 4, 2024

Chennai/Nashik, March 4 (IANS) Listed wine-maker Sula Vineyards Ltd plans to open tasting rooms across the country, besides opening its fourth and fifth wine-tasting rooms next fiscal.The company is also hoping for a record grape harvest…

Business

Nifty extends gains for fourth session to end at record high

Mar 4, 2024

Mumbai, March 4 (IANS) India's benchmark indices extended gains for the fourth session on Monday to end at record high, said Devarsh Vakil, Deputy Head Retail Research, HDFC Securities.Nifty registered fresh all-time high of 22,440 in the…

Business

We have strong & proactive govt that won’t fall for Big Tech’s lies: Anupam Mittal

Mar 4, 2024

New Delhi, March 4 (IANS) Continuing his fight against Google’s new Play Store policies, Shaadi.com Founder and CEO Anupam Mittal on Monday said this is the new Digital East India Co and if we don’t put in the right safeguards now, nothing…

Business

Nifty’s momentum remains bullish, say analysts

Mar 4, 2024

Mumbai, March 4 (IANS) The Nifty commenced the week with a consolidated move on Monday, resulting in the formation of a Doji candle on the daily chart. Despite this, the overall sentiment remained bullish, said Kunal Shah, Senior Technical…

Business

Tough demand environment continues for IT services

Mar 4, 2024

New Delhi, March 4 (IANS) An analysis of the latest quarterly results of 24 global companies indicate no material improvement in the demand environment, as macro uncertainties prevail, Emkay Global Financial Services said in a report.…

Business

Scindia inaugurates India’s first Green Hydrogen plant in stainless steel sector

Mar 4, 2024

New Delhi, March 4 (IANS) Union Steel Minister Jyotiraditya M. Scindia on Monday virtually inaugurated India's first Green Hydrogen Plant in the stainless steel sector located at Jindal Stainless Limited in Haryana's Hisar. The project is…

Business

Poultry companies to log 5-6 pc revenue growth

Mar 4, 2024

Chennai, March 4 (IANS) Credit rating agency ICRA expects the revenue growth for its sample set of domestic poultry companies to improve mildly to about 5-6 per cent in FY2025 after an estimated modest Year-on-Year (YoY) growth of about 3-4…

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