India's forex reserve up $445mn

Mumbai, Aug 31 (IANS) India's foreign exchange (forex) reserves rose by $445.4 million during the week ended August 24, official data showed on Friday.

According to the Reserve Bank of India (RBI) weekly statistical supplement, the overall…

Google Launchpad Accelerator India shortlists 10 startups

New Delhi, Aug 31 (IANS) Google on Friday announced the first batch of 10 short-listed startups who will be part of its "Launchpad Accelerator" mentorship programme in India.

The inaugural class will begin on September 10 at the Google…

Manufacturing upswing lifts India Q1 GDP; growth at 8.2%

New Delhi, Aug 31 (IANS) An upswing in manufacturing activity accelerated India's GDP growth rate in the first quarter of 2018-19 to 8.2 percent, official data showed here on Friday.

According to the Central Statistics Office (CSO), the…

Oil prices, interest rates to put pressure on India's fiscal deficit: Moody's

Mumbai, Aug 29 (IANS) Global credit ratings, research and risk analysis firm Moody's Investors Service on Wednesday said higher oil prices and interest rates might put pressure on India's fiscal and the current account deficit.
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India shortlisted among 5 countries for Uber flying cabs

Tokyo, Aug 30 (IANS) Fasten your seatbelt to board a flying cab soon as Uber on Thursday selected India as one of the first five shortlisted finalist countries that could be home to the first international Uber Air City within the next five years.

Committed to turnaround; reduced debt in Q1: Jet

Mumbai, Aug 29 (IANS) Jet Airways on Tuesday said that it has reduced the overall debt burden during the first quarter of 2018-19 and is committed towards a turnaround strategy.

According to Jet Airways Deputy Chief Executive Officer and Chief…

Indian firms lead IT transformation in Asia: Dell EMC

New Delhi, Aug 28 (IANS) When it comes to IT transformation, 17 percent of organizations in India have achieved the fully Transformed status -- a much higher percentage than was observed in other Asian countries researched (4 percent), a Dell…

Equity indices surge to fresh highs; Sensex crosses 38,500 points

Mumbai, Aug 27 (IANS) The key Indian equity indices touched fresh record high levels on Monday morning tracking firm global cues.

Both the S&P BSE Sensex and the NSE Nifty50 hit their respective intra-day benchmarks…

Apple donates Rs 7 crore for Kerala's flood victims

New Delhi, Aug 25 (IANS) Heartbroken by the catastrophic flooding in Kerala, US tech giant Apple on Saturday announced to donate Rs 7 crore towards the ongoing relief work.

"We're heartbroken by the catastrophic flooding in Kerala.…

Force Motors to acquire Man Trucks India's MP plant

Mumbai, Aug 24 (IANS) Force Motors will acquire MAN Trucks India's plant at Pithampur, Madhya Pradesh.

"This arrangement is being recorded by binding agreements. The arrangement would be subject to receipt of necessary approvals,"…