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Air India launches robotic-enabled eco-friendly, water-saver aircraft cleaner

Dec 2, 2023

Mumbai, Dec 2 (IANS) Air India has launched an environment-friendly automated aircraft interior washing and nearly dry cleaning system that will save around 75,000 litres of water per aircraft annually, an official said here on Saturday. The device, 'Aerowash' has multiple modern features like robotic micro-fibre brush drum for cleaning and uses a…

Gold prices soar to lifetime high in India

Dec 2, 2023

Mumbai, Dec 2 (IANS) Gold prices rose to a lifetime high in India amid the peak wedding season and rising international rates of the precious metal. Chennai led the charge with the price soaring to Rs 64,530 per 10 gm for 24 carat gold in…

Business

‘Electrifying and eventful’: Powered by a busy 2023, EV players on a high

Dec 2, 2023

Chennai, Dec 2 (IANS) The year 2023 could be termed as electrifying and eventful for the Indian electric vehicle (EV) industry.While the industry saw good volume growth, it also saw several government actions, mainly in the two wheeler…

Business

Walmart joins list of big firms who pulled ads from Elon Musk’s X

Dec 2, 2023

San Francisco, Dec 2 (IANS) Retail giant Walmart has confirmed that it is not advertising on Elon Musk-run X (formerly Twitter), according to a report by CNN."We aren’t advertising on X as we’ve found other platforms to better reach our…

Business

India’s economic growth: From slowdown to showdown, numbers Vs narrative

Dec 2, 2023

Thiruvananthapuram, Dec 2 (IANS) A study paper on India's economic growth underscores that the slow recovery from the pandemic, dominance of non-productive sectors in driving growth, and imbalanced investment patterns should make one pause…

Business

Uno Minda building land banks in TN, Pune and North India

Dec 2, 2023

Chennai, Dec 2 (IANS) In order to set up additional capacities to meet the future demand, automotive ancillaries major Uno Minda Ltd is building land banks in different states, said a top company official. The company has decided to go…

Business

FPIs may turn sellers at higher market levels

Dec 2, 2023

New Delhi, Dec 2 (IANS) Since overall market valuations have reached high levels, FPIs may turn sellers at higher market levels, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.FPIs have reversed their…

Business

B’luru Tech Summit 2023 an ‘unprecedented success’: K’taka Minister Priyank Kharge

Dec 2, 2023

Bengaluru, Dec 2 (IANS) Karnataka Minister for Information Technology and Biotechnology, Priyank Kharge, said that the three-day Bengaluru Tech Summit 2023, held at the Bangalore Palace, concluded with unprecedented and resounding success,…

Business

IDBI Trusteeship now files appeal against Subhash Chandra in NCLAT

Dec 2, 2023

Mumbai, Dec 2 (IANS) In the continuing saga replete with many twists and turns, IDBI Trusteeship Services Limited (ITSL) has now filed an appeal at the National Company Law Appellate Tribunal (NCLAT) against Essel Group Chairperson Subhash…

Business

‘India as big gold buyer can play key role in world economic order’

Dec 2, 2023

New Delhi, Dec 1 (IANS) India as the second-largest buyer of gold in the world can play a crucial role in the global economic order as central banks are still buying the precious metal in large quantities, Alok Kumar Choudhary, Managing…

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