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French carmaker Citroen joins India’s BluSmart Mobility to deploy 4,000 EV SUVs

Mar 18, 2024

Bengaluru, March 18 (IANS) French carmaker Citroen on Monday joined hands with Indian EV company BluSmart Mobility to expand the homegrown firm's all-electric fleet in the country. The French company and BluSmart Mobility have signed an MoU that secures the supply of 4,000 Citroen e-C3, all-electric compact SUV units, over a period of 12 months.As…

Narayana Murthy gifts Infosys stock worth over Rs 240 crore to 4-month-old grandson

Mar 18, 2024

New Delhi, March 18 (IANS) India has probably seen its youngest millionaire in Ekagrah Rohan Murty - the four-month-old grandson of Infosys founder N.R. Narayana Murthy.According to a regulatory filing, Narayana Murthy has gifted shares…

Business

India’s rising capex cycle is now broad-based

Mar 18, 2024

New Delhi, March 18 (IANS) The revival of capex cycle in India is now broad-based with all its engines - namely, government, private corporate and housing - fired up, as per global brokerage Jefferies.India's 8.4 per cent GDP growth in…

Business

India can create more jobs in esports, game development: CII

Mar 18, 2024

Pune, March 18 (IANS) Even as India's gaming sector is poised for significant growth, more jobs can be created in the country in the esports and game development industry, according to experts at the Confederation of Indian Industry (CII).…

Business

Govt plans to roll out e-buses in all cities, some long routes: Gadkari

Mar 18, 2024

New Delhi, March 18 (IANS) Minister of Road Transport and Highways Nitin Gadkari on Monday said that the government has plans to introduce electric buses in all Indian cities as well as some long routes such as Delhi-Shimla,…

Business

DRPPL launches survey of Dharavi to collect data from informal tenement residents

Mar 18, 2024

Mumbai, March 18 (IANS) Dharavi Redevelopment Project Pvt Ltd (DRPPL), a joint venture between the Maharashtra government and the Adani Group, on Monday launched a survey at the Kamala Raman slum to collect data from lakhs of informal…

Business

Balance of trade favourable with government’s impetus for exports

Mar 18, 2024

New Delhi, March 18 (IANS) The balance of trade has been favourable with the government’s impetus for exporting manufactured goods under the Production Linked Incentives (PLI) scheme, building infrastructural facilities amid easing of…

Business

Centre to soon have dedicated policy to nurture deeptech startup ecosystem

Mar 18, 2024

New Delhi, March 18 (IANS) The Centre will soon have a new policy to nurture and empower the deeptech startup ecosystem in the country, Rajesh Kumar Singh, Secretary, Ministry of Commerce and Industry, said on Monday.Speaking at the…

Business

B2B retail platform Jumbotail raises Rs 151 crore to tap mass market consumers

Mar 18, 2024

Bengaluru, March 18 (IANS) B2B marketplace and new retail platform Jumbotail on Monday said it has raised Rs 151 crore equity capital led by Artal Asia. Heron Rock, Sabre Investment, Arkam Ventures, Jarvis Reserve Fund, Reaction Global,…

Business

Indian IT services industry to see modest 3-5 pc revenue growth in FY25: ICRA

Mar 18, 2024

New Delhi, March 18 (IANS) The revenue growth of the Indian IT services industry is expected to improve mildly from 2 per cent in the nine months of the current fiscal year but remain modest at 3-5 per cent in FY2025, a new report showed on…

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