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Centre bans wheat export

Centre bans wheat export

14-05-2022  comments

New Delhi (IANS) The Central government has placed a ban on wheat export with immediate effect in the wake of the grave situation of less than estimated domestic wheat production and an excessive global price hike after a spike in demand following…

Global digital transformation spending to reach $1.8 trillion this year

Global digital transformation spending to reach $1.8 trillion this year

14-05-2022  comments

New Delhi (IANS) Global spending on the digital transformation (DX) of business practices, products and organisations is forecast to reach $1.8 trillion in 2022, an increase of 17.6 per cent over 2021.

The DX priorities that will see the largest…

Reliance Industries is top Indian company in Forbes Global 2000 list

Reliance Industries is top Indian company in Forbes Global 2000 list

13-05-2022  comments

New Delhi (IANS) On the Forbes Global 2000 list, Reliance climbed two spots to No. 53 among all public companies worldwide and ranked first among Indian companies.

Earlier this year, Forbes estimated Mukesh Ambani's net worth to be $90.7…

Indices extend losses, Sensex declines nearly 1K pts

Indices extend losses, Sensex declines nearly 1K pts

12-05-2022  comments

New Delhi (IANS) Indian equity benchmarks extended their losses from the previous session and tanked sharply due to weak global cues amidst high volatility.

Asian stocks fell as the US inflation for April stood persistently high, which dented…

E-commerce enablement platform GoKwik raises $35 mn

E-commerce enablement platform GoKwik raises $35 mn

11-05-2022  comments

New Delhi (IANS) E-commerce enablement platform GoKwik on Wednesday said it has raised $35 million led by Think Investments and RTP Global, and will use the funds to work on tech solutions for large marketplaces.

The Series B round also saw…

Indices fall for fourth straight session amid high volatility

Indices fall for fourth straight session amid high volatility

11-05-2022  comments

New Delhi (IANS) Indian equity benchmarks on Wednesday extended their slump for the fourth straight session amid volatility in global financial markets.

The indices opened higher to later give up all of their gains as investors awaited the…

Videotex to invest Rs 100 cr, set up new LED TV facility in Gr Noida

Videotex to invest Rs 100 cr, set up new LED TV facility in Gr Noida

10-05-2022  comments

New Delhi (IANS) Consumer electronics contract manufacturer Videotex International on Tuesday announced to invest over Rs 100 crore and set up a new LED TV manufacturing facility in Greater Noida that will create more jobs.

With this investment,…

Party time for Kohinoor Foods' investors as stocks up 130% in 1 month

Party time for Kohinoor Foods' investors as stocks up 130% in 1 month

10-05-2022  comments

New Delhi (IANS) It's party time for those investors who have bought shares in Kohinoor Foods over the past one month as they have more than doubled during the said period.

The shares of the company have been reportedly consistently hitting…

New e-com players not showing country of origin for all products in India

New e-com players not showing country of origin for all products in India

09-05-2022  comments

New Delhi (IANS) Only four in 10 consumers in India say that e-commerce platforms are displaying the country of origin information for all products, a new report revealed on Monday.

While most older, established e-commerce platforms now have…

GST Council mulling 28% tax on Bitcoin, other cryptocurrencies

GST Council mulling 28% tax on Bitcoin, other cryptocurrencies

09-05-2022  comments

New Delhi (IANS) In what could further dampen the mood of crypto investors in the country, the goods and services tax (GST) council is mulling a 28 per cent tax on cryptocurrencies, at par with the current GST on casinos, betting and lottery, multiple…

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