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Vizag Steel Plant workers intensify protest against privatisation

Vizag Steel Plant workers intensify protest against privatisation

13-02-2022  comments

Visakhapatnam (IANS) Employees of the Visakhapatnam Steel Plant (VSP) on Sunday organised 'jail bharo' programme to mark one year of their protest against proposed privatisation.

Demanding that the Central government take back its decision…

LIC files DRHP, intends to list 5% equity via IPO

LIC files DRHP, intends to list 5% equity via IPO

13-02-2022  comments

New Delhi (IANS) The Life Insurance Corporation of India on Sunday filed the Draft Red Herring Prospectus (DRHP) with capital markets regulator SEBI.

The insurer is looking to sell the Centre's five per cent equity stake in the company…

Banks had tried to revive ABG Shipyard but failed: SBI

Banks had tried to revive ABG Shipyard but failed: SBI

13-02-2022  comments

New Delhi (IANS) The State Bank of India on Sunday said that the consortium of banks, which had made loans to ABG Shipyard, had tried to revive its operations but all efforts failed as it was going through a downturn.

It said that the fraud…

India-based startups raised $39 bn in 2021; mortality rate down to 1%

India-based startups raised $39 bn in 2021; mortality rate down to 1%

12-02-2022  comments

New Delhi (IANS) India-based startups raise $39 billion capital in 2021, said Grant Thornton Bharat.

The report on the democratisation of India's startup ecosystem showed a total funding of $39 billion, a rise of 255 per cent from $11.8…

Airtel internet services suffer outage, firm says 'technical glitch'

Airtel internet services suffer outage, firm says 'technical glitch'

11-02-2022  comments

New Delhi (IANS) Bharti Airtel broadband services experienced a mega outage on Friday as millions of students and workers across the country, including Delhi and Mumbai, were left without Internet amid ongoing online classes and work meetings for…

Tata Sons Board renews Chandrasekaran's term as Executive Chairman

Tata Sons Board renews Chandrasekaran's term as Executive Chairman

11-02-2022  comments

Mumbai, (IANS) The Board of Tata Sons on Friday approved the reappointment of N. Chandrasekaran as the Executive Chairman for the next five years.

The decision took place during a board meeting held on Friday.

Accordingly, the Board…

RBI projects India's FY23 retail inflation at 4.5%

RBI projects India's FY23 retail inflation at 4.5%

10-02-2022  comments

Mumbai (IANS) India's FY23 retail inflation is projected at 4.5 per cent, said Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday.

Besides, inflation projection for 2021-22 is retained at 5.3 per cent, with Q4FY22 at 5.7 per…

RBI risks falling behind the curve with a dovish stance continuing

RBI risks falling behind the curve with a dovish stance continuing

10-02-2022  comments

New Delhi (IANS) A continued dovish stance by the Reserve Bank of India (RBI) risks the central bank falling behind the curve.

Axis Mutual Fund said the call to maintain the status quo by the RBI continues to surprise market participants. In…

Textile demand momentum to continue in FY23: Ind-Ra

Textile demand momentum to continue in FY23: Ind-Ra

10-02-2022  comments

New Delhi (IANS) Reduction in impact of Covid-19's third wave, as well as accelerated re-opening activities, will boost textile demand in FY23, said India Ratings and Research (Ind-Ra).

The ratings agency cited that reduction in logistics…

TigerGraph's million-dollar challenge to inspire innovative uses of graph

TigerGraph's million-dollar challenge to inspire innovative uses of graph

09-02-2022  comments

New Delhi (IANS) US-based Graph analytics platform TigerGraph on Wednesday launched "Graph for All Million Dollar Challenge" -- a global competition that will search for innovative ways to harness the power of graph technology and machine learning…

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