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Coal Ministry seeks infra status for coal mines to ensure more bank funding

Oct 29, 2023

New Delhi, Oct 28 (IANS) The Coal Ministry said on Saturday that it has requested the Department of Financial Services (DFS) to consider classifying the coal sector under the 'Infrastructure Sector' so that bank finance becomes more easily available for mining operations."This reclassification would enable banks and financial institutions to…

Gold prices soar ahead of festive, wedding season

Oct 28, 2023

Mumbai, Oct 28 (IANS) Gold prices in India have shot up by as much as Rs 4,150 per 10 grams during October to touch the Rs 60,825 mark on Friday from Rs 56,675 on October 3, according to figures compiled by the Indian Bullion and Jewellers…

Business

Goyal pushes for resilient supply chains at G7 meeting in Osaka

Oct 28, 2023

New Delhi, Oct 28 (IANS) Commerce and Industry Minister Piyush Goyal emphasised the need for public-private partnership and investment in key infrastructure for enhancing supply chain resilience in the global economy at the G7 Trade…

Business

Google to invest $2 bn in OpenAI’s rival AI company Anthropic: Report

Oct 28, 2023

San Francisco, Oct 28 (IANS) Google is reportedly investing $2 billion in AI startup company Anthropic, founded by former members of Microsoft-backed OpenAI, as the AI race heats up.The funding deal involves $500 million now and up to $1.5…

Business

India holds trade talks with Japan, UK on sidelines of G-7 meet in Osaka

Oct 28, 2023

New Delhi, Oct 28 (IANS) Commerce and Industry Minister Piyush Goyal on Saturday held bilateral talks on trade and investment in separate meetings with Japan Trade Minister Nishimura Yasutoshi and the UK Secretary of State for Business and…

Business

Ericsson introduces ‘India 6G’ programme at Chennai R&D centre

Oct 28, 2023

New Delhi, Oct 28 (IANS) Swedish telecommunications giant Ericsson on Saturday announced the launch of its ‘India 6G’ programme with the formation of a 6G research team at its Chennai R&D centre, as the government aims to make the…

Business

IMC 2023: Showcasing India’s transformational role in telecoms

Oct 28, 2023

New Delhi, Oct 28 (IANS) The 7th edition of the Indian Mobile Congress (IMC) 2023, the largest telecom, media and technology forum in Asia, is showcasing the transformational role of telecom networks which form the vital backbone for 5G, 6G…

Business

Several interested, but nothing finalised with regard to Ford India’s Chennai plant

Oct 28, 2023

Chennai, Oct 28 (IANS) Several people have come and are coming to see the company's plant here and have gone, but nothing concrete has come out, said a source close to Ford India Private Ltd.Ford India is looking out for a buyer for its…

Business

US lawsuit accuses Abercrombie & Fitch of funding sex-trafficking operation

Oct 28, 2023

New York, Oct 28 (IANS) A lawsuit against fashion brand Abercrombie & Fitch -- accusing the firm of funding a sex-trafficking operation -- has been filed in New York, the media reported.The company allowed ex-CEO Mike Jeffries…

Business

Airtel enables integrated calling via Microsoft Teams

Oct 28, 2023

New Delhi, Oct 28 (IANS) Bharti Airtel on Saturday announced a partnership with Microsoft to offer Indian organisations calling services over Microsoft Teams through an integration with Airtel IQ.With Airtel IQ for Microsoft Teams,…

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