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Rite Water Solutions receives EUR 7.5 m investment from Incofin's (W2AF)
India, October 16, 2023: Rite Water Solutions (India) Private Limited, specializing in potable water and water quality improvements solutions receives a first of its kind investment of EUR 7.5 million from Incofin Investment Management’s Water Access Acceleration Fund (W2AF), a first in India as well as in the drinking water space
Swiggy Increases food delivery platform fee to Rs 3, Up by 50%
The fare was first raised in Hyderabad and Bengaluru, and afterwards it was extended over the entire nation. Swiggy currently offers a Rs 2 discount after charging a Rs 5 platform fee, hinting that the fee may increase further. No matter the order value, the business started charging a platform fee to its clients in April
Flipkart's 'Big Billion Days' sees 1.4 bn visits
During its Big Billion Days holiday sale, which was held between October 8 and 15 this year, e-commerce behemoth Flipkart broke a new record with 1.4 billion client visits
Tata Motors targets cash positivity with Jaguar Land Rover
Tata Motors is on pace to become a zero net debt firm for both Jaguar-Land Rover (JLR) and its domestic business in 2023–24 and the following fiscal year, respectively
APPLE'S INDIAN MAP PROVIDER RIVALS GOOGLE MAPS
A Mark Mobius-favored Indian navigation company’s stock has increased by 50% in the past six months as demand for its mapping service increases
PVs sales up 1.8% in Sept 23, dispatches of PVs, 3Ws in Q2 highest ever: SIAM
India’s automobile industry posted 1.8 per cent growth on-year in wholesales of passenger vehicles at 3.61 lakh in September and the highest ever sales in the July-September quarter, riding high on the festive stimulus injected by positive purchasing sentiments, all-round economic growth of the country and conducive Government policies
AIRLINES PROTEST ADANI AIRPORT FEE HIKE
Increased charges for charter flights during ICC Cricket World Cup sparks backlash from airlines, government intervention sought
Government considering review of basmati rice
The Indian government is actively considering a review of the minimum export price (MEP) for basmati rice, currently set at $1,200 per tonne, in response to concerns from the rice industry
Indian government extends commercial pilot license validity
The Indian government has implemented a significant change in the aviation sector by extending the validity of Commercial Pilot Licenses (CPL) and Airline Transport Pilot Licenses (ATPL) from five years to ten years
'India's first semiconductor factory to start operating within a year'
India is on the cusp of realizing its vision for a domestic electronic chip manufacturing plant, with Union Telecom and IT Minister Ashwini Vaishnaw predicting its establishment within the next year
NSE expands commodity derivatives offerings
The National Stock Exchange (NSE) has significantly broadened its commodity derivatives portfolio by introducing 13 new contracts, expanding its product offerings in this segment
India and Gulf to begin free trade talks soon Cooperation Council
Negotiations for a free trade agreement (FTA) between India and the Gulf Cooperation Council (GCC) are set to resume, with both sides having appointed their chief negotiators
WPI INFLATION STAYS NEGATIVE FOR 6 MTHS, MORE M-O-M FALL LIKELY AHEAD, SAYS ANALYSTS
The WPI moderated its deflation to 0.3 per cent from 0.52 per cent recorded in August, 2023, the Commerce Ministry said on Monday
'Aditya-L1 to reach Lagrange Point 1 by mid-Jan'
Indian Space and Research Organisation (ISRO) Chief S. Somnath said on Sunday that India’s first solar mission, the Aditya-L1 spacecraft, will reach Lagrange Point 1 (L1) by mid-January.
Delhi AQI hits 245, classified as 'Poor' category
On a Sunday morning in the national capital, Delhi, the air quality was assessed as ‘poor,’ registering an Air Quality Index (AQI) of 245. The System of Air Quality and Weather Forecasting and Research (Safar) in India reported that near Anand Vihar, the AQI was recorded at 345, categorized as ‘very poor.’
NOIDA SCHOOL STUDENTS BOOKED FOR ASSAULTING AND MOLESTING CLASSMATE
Five students have been booked for assaulting and molesting a fellow classmate on school premises in Noida, prompting an investigation, as per the police on Sunday.
VIVO MONEY LAUNDERING CASE: DELHI HC UPHOLDS ED CUSTODY OF CHINESE NATIONAL
The Delhi High Court has refused to intervene with a trial court court sending a Chinese national Guangwen, also known as Andrew Kuang, in three-day Enforcement Directorate (ED) custody regarding a money laundering case against Chinese smartphone manufacturer Vivo.
Kalam: An inspiration, for aeons to come
We 92 years ago, in a quiet town that attracted thousands of pilgrims was born this great man we call Avul Pakir Jainulabdeen Abdul Kalam.
Bangladesh's economy on right track, says IMF
The Bangladesh government's comprehensive approach to tackling the financial crisis has garnered praise from the International Monetary Fund (IMF), as reported by the Dhaka Times. The IMF commended the nation's efforts in steering the economy in the right direction, particularly in controlling inflation and effectively addressing macroeconomic challenges in a challenging global environment.
INDIA'S MACROECONOMY SOUND, FISCALLY DISCIPLINED
The overall macroeconomic environment in India is pretty sound”, it is fiscally disciplined and the central bank moved fast to bring inflation under control, said the International Monetary Fund IMF).
E-waste growth: opportunity for tech manufacturers
Technology product producers claim that the increased output of e-waste presents a business opportunity for manufacturers. E-waste is any electronic device that has reached the end of its useful life for the user, is worn out, broken, or otherwise unusable. Device cables are among them.
Dream11 parent debuts dream cricket 2024 in India
The cricket World cup game mode in Dream Cricket 2024 enables users to play as one of the 10 international teams in a World Cup event and take part in competitions.
PVR Inox monthly subscription 'Passport' at Rs 699
Leading theater operator PVR INOX Ltd on Saturday unveiled a brandnew program called “PVR INOX Passport,” a first-of-its-kind movie subscription card designed to “irrigate the film industry” and encourage patrons to frequent theaters.
ADANI'S VIZHINJAM MEGA PORT: INDIA'S GLOBAL SHIPPING HUB
The Vizhinjam transshipment container port, which is close to the country’s southernmost tip, will enable India to take a larger share of the hitherto dominated international marine trade by China
Haryana govt approves residential to commercial plot conversion policy
The Haryana Municipal Urban Built-Plan Reform Policy, which would permit the conversion of residential plots into commercial inside planned schemes, has been authorized by the Haryana government to manage commercial operations in planned regions, according to officials.
Vande Bharat sleeper trains: unprecedented 'Wow' factor
Vand Tande Bharat sleeper train project: According to ICF GM BG Mallya, the new Vande Bharat sleeper train, scheduled to be presented somewhere in early 2024, will have the \"Wow\" factor that no other Indian Railways train has had to date.
NHPC expects Rs 788 cr loss from Sikkim floods
State-owned hydropower company NHPC on Saturday said it expects about Rs 788 crore loss or damage caused due to the Sikkim floods.
EXPORT DUTY ON PARBOILED RICE EXTENDED TO MARCH 2024
Non-basmati white rice exports were outlawed by the government in July in an effort to increase domestic supplies and control retail prices during the impending holiday season
Andhra CM inaugurates Infosys, Pharma units on Oct 16
Pradesh Chief Minister YS Jagan Mohan Reddy is all set to visit Visakhapatnam and Anakapalli district on October 16. The Chief Minister will inaugurate several Pharma units and Vizag Infosys.
India's space economy set to soar beyond $40B by 2040: Jitendra Singh
India’s space economy is poised to transcend the confines of our atmosphere, projected to reach an astonishing $40 billion by 2040. Union Minister Jitendra Singh underlined this ambitious trajectory, proclaiming that “sky is not the limit” for India’s space odyssey. His remarks were made during the Central University of Jammu’s Campus Dialogues, specifically focused on Chandrayaan-3, India’s lunar mission.