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IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM Sitharaman
New Delhi, Finance Minister Nirmala Sitharaman on Wednesday said the Cabinet Committee on Economic Affairs’ (CCEA) approval for the strategic restructuring of IDBI Bank will…
Ultra-short-term borrowing costs spike; premium over policy rate hits 4-year high
MUMBAI: The government’s ultra-short-term borrowing costs jumped at a treasury bill auction on Wednesday, with the premium over the benchmark policy rate rising to a…
Space startups secure record $20.8 billion funding as infrastructure bets surge, report shows
Space startups attracted a record $20.8 billion in funding in the third quarter, as investors poured money into launch providers, manufacturing and other infrastructure ventures,…
Cabinet approves 78-day bonus worth Rs 2,009 crore for 11.4 lakh railway employees ahead of Diwali
The Union Cabinet led by Prime Minister Narendra Modi on Wednesday approved a 78-day bonus worth Rs 2,009 crore for at least 11.4 lakh employees…
Circle funding: Pre-owned goods marketplace Circle raises Rs 25 crore led by Nexus Venture Partners
Pre-owned goods marketplace Circle has raised Rs 25 crore led by Nexus Venture Partners, with participation from Delhivery COO Ajith Pai and existing investors Titan…
We are working to develop relations with China once again: Piyush Goyal
New Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday said India is working to rebuild its relations with China, but the last word has…
Genrobotics Innovations: From sewer to space: Genrobotics bags ISRO robotics development contract
Thiruvananthapuram, Keralam-based Genrobotics Innovations, known for developing robots to work in hazardous underground environments, has entered a new frontier with a project to develop robotic…
Noel Tata files caveat in Bombay HC amid Sir Dorabji Tata Trust governance row: Report
Noel N Tata has filed a caveat before the Bombay High Court in a matter involving fellow trustee Venu Srinivasan and three others, according to…
Foundry: Former Dyson India MD Ankit Jain launches home appliances venture with Rs 12 crore funding
Ankit Jain, former managing director of Dyson India, has launched Foundry, a consumer technology startup focused on premium home appliances.The company is funding its ambitions…
India to roll out data centre policy as concerns grow over power use
India is rolling out a policy for data centres, a minister said on Wednesday, saying the government wants to keep consumers from paying more for…