CATEGORIES

OYO blacklists hotel following allegations of flesh trade

Global hospitality technology platform OYO has permanently blacklisted and terminated its contract with Hotel Resort StayInn in Nagpur following allegations off Leshtrade.

Government rejects Hindustan Zinc's unit split proposal

The Indian government, Hindustan Zinc's largest minority shareholder, has rebuffed the miner's proposal to divide into separate units, citing doubts over its potential to enhance shareholder value, according to a government official.

INDIGO FORECASTS DECELERATED CAPACITY GROWTH IN THE COMING YEAR

IndiGo, India’s premier airline, anticipates a slowdown in capacity growth for the upcoming year , signaling a strategic shift in its expansion trajectory

Government boosts regional rural banks with Rs 6200 crore recapitalization plan

The Modi government has allocated a substantial sum of Rs 6212.03 crore to Regional Rural Banks (RRBs) as part of a recapitalization scheme, with the disbursement recorded as of March 6.

Funding winter hits India, Startup investors turn cautious after big losses

The enthusiasm of investors for Indian tech ventures appears to be waning as they adopt a more cautious approach and opt for smaller investments.

Over Rs 50,000 cr 'Made in India' Holi business expected as traders, consumers boycott Chinese goods

This year's Holi festivities are witnessing a significant shift towards 'Made in India' products, with traders and consumers actively boycotting goods manufactured in China.

INDIAN RAILWAYS COLLECTS RS 1,229 CR IN REVENUE FROM CANCELLED WAITING LIST TICKETS

Over the specified period, Indian Railways earned Rs 1,229.85 crore from over 128 million cancelled waiting list tickets, with notable increases in cancellations and revenue each year.

DGCA grounds Air India with Rs 80 lakh fine over pilot fatigue

The Directorate General of Civil Aviation (DGCA) has levied a hefty fine of Rs 80 lakh on Air India for breaching regulations concerning flight duty time limitations (FDTL) and fatigue management systems of flight crew members.

WhatsApp tipline launched to fight deepfakes in India

Ahead of the upcoming general elections in India, the Misinformation Combat Alliance (MCA) has announced the launch of a Deepfakes Analysis Unit (DAU) tipline on March 25.

Metro brands gets thumbs up from Goldman Sachs, Bata on watch

Goldman Sachs recently initiated coverage on Indian footwear companies Metro Brands Ltd and Bata India Ltd, expressing optimism about their growth prospects. c

INDIAN E-GAMING BOOMING, MARKET SET FOR 20% GROWTH, REACHING RS 231 BILLION BY 2025

India’s gaming market dominance includes 20% of global mobile game downloads in 2023 and forecasts a USD 6 billion online skill gaming market by 2028.

SC orders compensation for unlawful MBBS admission cancellation

The Supreme Court has directed the State of Maharashtra and a medical college to pay compensation of Rs. 1 lakh to a student who was unfairly denied admission to the MBBS (UG) course, causing him one year of distress.

Maharashtra Class 12 board exams conclude: Anticipated result date

The Maharashtra State Board of Secondary and Higher Secondary Education has recently wrapped up the class 12 board exams for the year 2024.

4 IN 5 GIG WORKERS WOULD RECOMMEND THEIR WORK OVER OTHER OPPORTUNITIES, SAYS IPSOS SURVEY

The staggering growth of gig economy platforms and the workers associated with it has brought into sharp focus several aspects of the future of work and now a 6-city-wide survey of gig workers has revealed, why gig work continues to work for millions of Indians. 84% of gig workers are satisfied with their experience of working in the gig economy, as per the Ipsos Survey.

DAE signs new $420M 5-yr unsecured term loan

Dubai Aerospace Enterprise Ltd. (DAE) has recently inked a USD 420 million 5-year unsecured term loan deal with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB), aimed at bolstering the future financial endeavors of the company.

Patanjali MD Balkrishna submits apology to SC in misleading ads case

Patanjali Ayurved and its Managing Director Acharya Balkrishna has submitted an official apology to the Supreme Court regarding its misleading advertisements targeting evidence-based medicine.

METAVERSE REVENUE SURGES 6.2% IN 2023: S&P GLOBAL REPORT

Global metaverse revenue grew 6.2 per cent year on year to an estimated USD 19.26 billion in 2023 as core products around gaming and workflow digitization continued to pick up steam

PIB establishes fact check unit for online content monitoring

The Centre on Wednesday notified the fact check unit under the Press Information Bureau (PIB) to monitor online content pertaining to the government for accuracy.

Steady crude oil processing at 20.9 MMT in Feb: PPAC

Crude oil volumes processed by Indian refiners remained steady in February at 20.9 million metric tonnes (MMT), data released by the Petroleum Planning and Analysis Cell (PPAC) on Wednesday showed.

EXPLORING HOW JAPAN'S MEDICAL TECHNOLOGY FUELS INDIA'S HEALTHCARE LANDSCAPE

Statistics suggest that India has approximately 2.8 million hospital beds, including both private and public. Therefore, there are 1.7 beds per 1,000 people in comparison with developed nations that have around 2.5 to 3.

Himadri specialty chemical acquires 40% stake in Lithium-Ion materials firm

The company informed the stock exchanges that it acquired the 40 per cent stake in Kolkata-based Invati Creations for Rs 45.16 crore through a combination of cash and a share swap deal.

INDIAN BANKING SECTOR IMPROVES: STRONG ASSET QUALITY, HIGH CREDIT GROWTH

Indian banking sector continues to improve with better asset quality, high credit growth: Survey. The survey findings showed that long term

M&M and Adani team up to build nationwide EV charging network in India

Mahindra & Mahindra has announced a partnership with Adani Total Energies E-Mobility Ltd (ATEL) to establish electric vehicle (EV) charging infrastructure across India.

Stock market soars on US Fed rate cut signal, Sensex up 539 points, Nifty above 22,000

On Thursday, the Indian stock market witnessed a significant surge, with benchmark Sensex rallying 539 points and Nifty closing above the 22,000 level.

India imports 212 million tonnes of coal between April and January

In the ongoing fiscal year, India has witnessed a marginal increase of 1.65 percent in coal imports, reaching 212.24 Million Tonnes during the April-January period, as compared to 208.78 MT in the corresponding period of the previous fiscal year.

India to intensify start-up engagement, host 5th edition of Forum in Jan'25

The fourth edition of the Shanghai Cooperation Organisation Startup Forum is looking to catalyse innovation and collaboration among startups as member states turn focus on broadening startup interactions among themselves, fostering an environment conducive to innovation, promoting job creation and inspiring young talent to develop innovative solutions.

NIVEDITA MUKHERJEE NEW DELHI

The manufacturing upturn was led by the fastest expansions in factory orders and production, pressure on operating capacities also intensified, highlighted by a quicker uptick in backlogs, which in turn supported job creation

End of an era: Mumbai's historic Rattan Kunj bungalow demolished

The iconic Rattan Kunj bungalow, standing for 124 years near the Versova coast, was razed to the ground on Tuesday, marking the end of an era in Mumbai's history.

BMC initiates investigation into tragic drowning of two children in Wadala water tank

Following the heartwrenching discovery of the bodies of two minors who drowned in an open water tank at the Maharshi Karve Garden in Wadala, the Brihanmumbai Municipal Corporation (BMC) has launched its own probe into the incident.

JAPAN MAKING BEER CHEAPER, ENCOURAGING BETTER TASTE AND BIZ

In Japan, some 4,600 supermarket goods have increased in price this month as a result of the food and beverage industry's continued costpassing amid a once-in-ageneration inflation surge. But one noteworthy exception is beer.