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'Will list it early': SC on Amazon's plea against transfer of Future Retail assets

'Will list it early': SC on Amazon's plea against transfer of Future Retail assets

22-03-2022 comments

New Delhi (IANS) The Supreme Court on Tuesday said that e-commerce major Amazon's interim plea seeking preservation of Future Retail's assets will be listed for hearing as early as possible.

A bench headed by Chief Justice N.V. Ramana…

In touch with Tatas for providing new aircraft for Air India: Airbus India

In touch with Tatas for providing new aircraft for Air India: Airbus India

21-03-2022 comments

New Delhi (IANS) Global aerospace major Airbus India on Monday said that it is in touch with Tata Group for providing its new aircraft A350 for Air India.

Speaking at a company event here to showcase the new generation aircraft A350, Airbus…

Suzuki Motor to invest $1.3 bn for EV production in India: Report

Suzuki Motor to invest $1.3 bn for EV production in India: Report

19-03-2022 comments

New Delhi (IANS) As Elon Musk refuses to listen to Indias demand to manufacture Tesla cars in the country, Japanese automaker Suzuki Motor is set to invest about 150 billion yen ($1.26 billion) to produce electric vehicles (EVs) and batteries in India,…

Investors bag Rs 19 lakh crore as Sensex up 5,000 pts in 8 sessions

Investors bag Rs 19 lakh crore as Sensex up 5,000 pts in 8 sessions

18-03-2022 comments

New Delhi (IANS) After a sharp decline after the war broke out between Russia and Ukraine, the Indian equity benchmark Sensex has risen over 5,000 points in the past eight trading sessions - since March 8.

During the same time period, Nifty…

Indian fintech payment firms have no data advantage over banks: Moody's

Indian fintech payment firms have no data advantage over banks: Moody's

17-03-2022 comments

New Delhi (IANS) As the Reserve Bank of India (RBI) barred Paytm from taking on new customers for its Payments Bank, a new report on Thursday said that fintech platforms' dominance in digital payments may not result in a significant data advantage…

Equity indices in green; Sensex, Nifty up over 1?ch

Equity indices in green; Sensex, Nifty up over 1?ch

16-03-2022 comments

New Delhi (IANS) India's key equity indices -- Sensex and Nifty -- traded in the green in the opening session on Wednesday.

At 9.54 a.m., Sensex was 1.4 per cent or 777 points up at 56,554 points, whereas Nifty 1.3 per cent or 220 points…

India's 1st D2C unicorn Licious raises $150 mn, to widen reach

India's 1st D2C unicorn Licious raises $150 mn, to widen reach

15-03-2022 comments

Bengaluru (IANS) Direct-to-consumer (D2C) foodtech platform Licious on Tuesday announced it has raised $150 million, six months after the online meat delivery platform became the first D2C unicorn in the country.

The funds raised through Series…

Amazon is bringing us to our knees, we're broke: Future Retail to SC

Amazon is bringing us to our knees, we're broke: Future Retail to SC

15-03-2022 comments

New Delhi (IANS) The Future Retail counsel on Tuesday informed the Supreme Court that his client is broke and Amazon has driven the firm to its knees, after Amazon's counsel submitted that talks between the parties to settle legal disputes have…

Chinese Banks seek FM's urgent intervention in resolution plan for Reliance Infratel

Chinese Banks seek FM's urgent intervention in resolution plan for Reliance Infratel

15-03-2022 comments

New Delhi (IANS) Chinese banks have written to Finance Minister Nirmala Sitharaman on the delays in the implementation of the Resolution Plan for Reliance Infratel Limited.

China Development Bank, Export Import Bank of China, Shubh Holdings…

No plan to introduce cryptocurrency, says Govt

No plan to introduce cryptocurrency, says Govt

15-03-2022 comments

New Delhi (IANS) There is no plan by the government to introduce cryptocurrency, the Parliament was told on Tuesday.

There is no plan to introduce a cryptocurrency and currently it is unregulated in India, Minister of State for Finance Pankaj…

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