BigBasket raises Rs 200 crore via debt
Innovative Retail Concepts, the business-to-consumer (B2C) unit of BigBasket, has raised Rs 200 crore in debt from the Singapore-based DBS Bank. The company plans to…
Delhivery launches all-women distribution centre in Kochi
Logistics firm Delhivery on Thursday announced the launch of an all-women distribution centre in Kochi, Kerala, bringing the total number of such facilities across India…
Jeh Aerospace to set up second manufacturing unit in Telangana, plans $50 million investment
Aerospace and defence manufacturing startup Jeh Aerospace on Thursday launched its second manufacturing unit in Telangana and announced plans to invest $50 million (around Rs…
TCS gets $1 billion from TPG for its AI data centre business called HyperVault| Business News
Tata Consultancy Services Ltd. has raised $1 billion from TPG for its AI data centre business called HyperVault, as part of its endeavour to become…
India’s core sector growth remains flat in October, weakest in 14 months
India’s infrastructure output was unchanged in October from a year earlier, its weakest performance in 14 months, as declines in coal, crude oil and electricity…
RBI does not target rupee level; depreciation driven by dollar demand, says Governor Malhotra
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Thursday clarified that the central bank does not aim for any specific level of the rupee,…
NHAI launches Raajmarg Infra Investment Managers for highway monetization
State-owned NHAI on Thursday said it is in the process of establishing Raajmarg Infra Investment Trust (RIIT) as a Public InvIT to unlock the monetization…
CAG asks Centre, states to follow uniform classification for recording expenses starting FY28
The CAG has asked the Centre and all the states to start using standard categories for recording government spending, to make accounting and auditing uniform…
NIT Rourkela secures patent for India’s first autonomous drone system for real-time land mapping
Researchers from the National Institute of Technology, Rourkela, have secured a patent for “BHU-MANACHITRA“, an autonomous real-time land mapping drone system, officials said. The developed…
India agriculture sector growth: Farm sector can maintain 4% growth over next 10 years: Niti member Ramesh Chand
India’s agriculture sector can easily maintain a 4 percent growth rate over the next 10 years, and the country needs to enhance its warehouse infrastructure,…