BUSINESS
M1xchange aims to tap MSMEs in Telangana for its TReDS platform
September 16, 2022
M1xchange aims to tap MSMEs in Telangana for its TReDS platform
Hyderabad: Bill discounting platform M1xchange said it will tap the MSME segment in Telangana and Andhra Pradesh for its ‘Trade Receivable by M1xchange’ product. TReDS…
Vedanta-Foxconn to invest Rs 1.54 lakh crore in India’s first chip factory
September 16, 2022
Vedanta-Foxconn to invest Rs 1.54 lakh crore in India’s first chip factory
Ahmedabad/New Delhi: Mining conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn will make one of the largest ever investments of Rs 1.54 lakh…
‘Shopping mall spending returning to pre-Covid levels in India’
September 16, 2022
‘Shopping mall spending returning to pre-Covid levels in India’
Hyderabad: Hyderabad saw 7.2 million sqft of gross leasable area (GLA) in malls during January to June this year. This is…
Pharma exports in 2021-22 remained flat at $ 24 billion
September 16, 2022
Pharma exports in 2021-22 remained flat at $ 24 billion
Hyderabad: The pharmaceutical exports from India from April 2021 to March 2022 stood at $ 24.6 billion (about Rs 1.94 lakh crore. These…
Mensa Brands acquires MyFitness, to make it Rs 1,000 cr brand
September 16, 2022
Mensa Brands acquires MyFitness, to make it Rs 1,000 cr brand
New Delhi: Direct-to-consumer (D2C) company Mensa Brands on Monday said it has acquired healthfood startup MyFitness for an undisclosed sum, with an aim…
Oracle Cloud biz sees 100% growth in India, doubles customer base
September 15, 2022
Oracle Cloud biz sees 100% growth in India, doubles customer base
New Delhi: Cloud major Oracle on Thursday said its India business saw a tremendous growth in the first quarter of FY23,…
Saudi overtakes Russia to become India’s second biggest oil supplier
September 15, 2022
Saudi overtakes Russia to become India’s second biggest oil supplier
Riyadh: After a three-month gap, the Kingdom of Saudi Arabia (KSA) has overtaken Russia by a narrow margin to become…
GDP growth, relative to pre-Covid levels, to double to 8.0% in Q2 FY2023: ICRA
September 15, 2022
GDP growth, relative to pre-Covid levels, to double to 8.0% in Q2 FY2023: ICRA
Mumbai: The gross domestic product (GDP) is expected to grow double to 8 per cent in Q2FY23, from 3.8 per cent…
Indian telecom players to follow China’s 5G call route:CLSA
September 15, 2022
Indian telecom players to follow China’s 5G call route:CLSA
Chennai: Indian mobile phone service providers will follow China’s 5G and industrial internet line, said CLSA Ltd in a research…
`Sustainability not a buzzword; What’s good for India is good for Tata Group’: N Chandrasekaran
September 15, 2022
`Sustainability not a buzzword; What’s good for India is good for Tata Group’: N Chandrasekaran
Sustainability is not a buzzword. Whatever net zero target organizations set for themselves will get advanced because of social pressure,…