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Jio bets on AI, eyes doubling of revenue in 3-4 years; Jio users to get 100 GB free cloud
Placing big bets on AI and deep tech, RIL Chairman Mukesh Ambani on Thursday announced up to 100 GB of free cloud storage for Jio users and expects the company to double revenues over 3-4 years, a move that will set the path for a possible demerger and listing in future.
Ambani unveils growth roadmap for RIL, co to double in size by 2030
Billionaire Mukesh Ambani on Thursday unveiled the next phase of growth at Reliance Industries Ltd, with retail and telecom worth over USD 100 billion each, doubling revenues and pretax profit in 3-4 years, new energy business becoming profitable by 2031, and core oil and chemical business continuing to be the robust growth engine.
DBS survey: Empowering finance teams vital for success in India's rapidly evolving market
A comprehensive, global study entitled ‘Pivotal: How treasury and finance enable a new era of globalisation’ conducted by DBS reveals the growing strategic influence that treasury and finance teams have on the long-term future of the business.
Moody's ups India's 2024 GDP growth forecast to 7.2%
Moody's Ratings on Thursday raised India's GDP growth forecast for 2024 and 2025 calendar year to 7.2 per cent and 6.6 per cent, respectively, strong broad-based on growth.
Final guidelines on project loans likely in 2-3 months: RBI official
The final project loan guidelines are likely to be announced in the next two to three months, a senior RBI official said on Thursday.
E-comm payments to surge by 23.8% in 2024
India's e-commerce market is poised for rapid growth, with forecasts predicting a 23.8 er cent surge in 2024, according to a leading data and analytics company GlobalData.
'Industry came forward for rules on small, medium REITS
Sebi chief Madhabi Puri Buch on Thursday said there has been a positive response to small and medium REITs (real estate investment trusts) and industry players came forward for regulations on such entities.
UPI transactions likely to touch 100 bn mark in next 10 years, says NPCI chief
The country's Unified Payments Interface (UPI) has the potential to touch 100 billion transactions in the next 10-15 years backed by credit growth, according to Dilip Asbe, CEO of National Payments Corporation of India (NPCI).
Recent uptick in NPAs not as worrying as in 2010: Ashima Goyal
The recent slight increase in bad loans in some segments in the banking system is not \"so worrying\" as it was in 2010, said Ashima Goyal, professor at the Indira Gandhi Institute of Development Research.
Finmin lowers public float to 10% for cos listing on IFSC bourses
The finance ministry has reduced the minimum public float requirement to 10 per cent from 25 per cent in a bid to attract companies to list on stock exchanges at IFSC, Gandhinagar.
Sensex, Nifty hit all-time high levels on rally in RIL shares
Mkts extend winning momentum to 8th day in a row
Village women protest over a teen's suicide
A 15-year-old girl from the Rajwada area of Deolali village tragically committed suicide after enduring persistent harassment from a local youth.
Extortion case worth ₹31L filed
A shocking case of extortion involving a husband being defrauded by his wife and her relatives has come to light.
Rotary donates tricycle shops
The Rotary Club of Aurangabad West, Praveen Masalewale Trust and Rotary Club of Pune Downtown have jointly donated 10 tri-cycle shops to the disabled in a function held at Hap International School in the Chikalthana area.
Rebellion in the party will be prevented, Shinde Jr asserts
The chief minister's son held the review meeting of the party in Jalgaon at a hotel and expressed confidence in the party's work
CS Nagar will emerge as India's EV hub: Nadiger
\"With the significant investment in the electric vehicle (EV) sector in Chhatrapati Sambhajiangar, the city has the potential to emerge as the country's electric vehicle hub\", opined CH Nadiger, the head of the Western Region of the Engineering Export Promotion Council (EEPC) India.
Talathis observe strike condemning murder
The protesting talathis have demanded the strictest punishment for the culprit accused of killing their colleague
Solapur Airport gears up for its operations
The Ministry of Civil Aviation (MoCA) chaired a detailed meeting on Wednesday to review the pending issues regarding Solapur Airport in Maharashtra, Union Minister of State for Civil Aviation Murlidhar Mohol said.
Tower cell thief nabbed
Pune Police have arrested a man for stealing batteries valued at ₹5.70 lakh from various mobile companies' towers.
Wadettivar slams Chandrakant Patil
Leader of the Opposition Vijay Wadettiwar criticised BJP leaders for their connections with the local goons and insulting the police machinery of Maharashtra.
Bank of Maharashtra launches its Supreme Court branch
Bank of Maharashtra has launched its state-of-the-art branch within the premises of the Supreme Court of India.
Cops crack down on Dahi Handi mandals for lasers
Police Commissioner Amitesh Kumar inspected Ganeshotsav preparations in the city and security arrangements
Guv advises 1hr reading for all students
Maharashtra Governor CP Radhakrishnan on Wednesday suggested the students dedicate an hour daily to reading a printed book to refresh their minds and gain new knowledge.
26-year-old jumps into Kandivali quarry, dies
A 26-year-old man was found dead in a quarry in Kandivali East on Wednesday evening.
New MahaRERA site MahaCRITI from Sept 1
The Maharashtra Real Estate Regulatory Authority's will (MahaRERA) new website 'MahaCRITI❜ be launched on September 1.
Woman loses ₹76.11 lakh to fake advisers
A 56-year-old woman from JB Nagar, Andheri, who serves as the vice president at IKS Healthcare in Airoli, was defrauded of Rs76.11 lakh by scammers posing as investment advisers.
Bizman plotted sympathy scam over ₹13 cr debt
In the case of double murder in Nerul, investigations have revealed that the main accused Sumit Jain, 39, who is also one of the deceased, owed around Rs13 crore to the investors and by self-harming, he had planned to gain sympathy from them to avoid returning the money.
Maharashtra tops student suicide list released by NCRB
Suicide rates in India increasing faster than population and growth
Error in med matrix stumps aspirants
The medical aspirants in Maharashtra are perplexed by the state’s seat matrix for MBBS and BDS admission, which they found to be riddled with faulty distribution of seats across reservation categories.
Voter turnout hits 49%; results await SC ruling
237 candidates, including 190 men and 47 women, contested for 64 seats across eight committees