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From promise to controversy: Unpacking home rental platform NestAway saga
Business

From promise to controversy: Unpacking home rental platform NestAway saga

Bhubaneswar, Jan 3: After Amarendra Sahu, Co-founder of home rental platform NestAway, lodged an FIR here against the company's investors, including Tiger Global, Goldman Sachs and Chirate Ventures, as well as its fellow co-founders Jitendra Jagadev and Smruti Parida, another domestic startup has...
India’s solar panel exports surge as world looks beyond China
Business

India’s solar panel exports surge as world looks beyond China

New Delhi, Jan 2: India is emerging as a major exporter of solar photovoltaic (PV) cells as countries look for alternatives to China for sourcing supplies in their switch to renewable energy to fight climate change.In April-October FY25, India exported $711.95 million worth of PV cells assembled in...
Indian Oil inks 30-year pact to operate fuel stations at Noida International Airport
Business

Indian Oil inks 30-year pact to operate fuel stations at Noida International...

Noida, Jan 2: The Noida International Airport (NIA) has signed a 30 year concession agreement with Indian Oil Corporation Ltd (IOCL) to operate fuel stations at three key locations within the airport premises. This collaboration will ensure uninterrupted access to high quality fuelling services at...
Ambuja Cements-Adani merger receives no objection letter from stock exchanges
Business

Ambuja Cements-Adani merger receives no objection letter from stock exchanges

Mumbai, Jan 2: Ambuja Cements Ltd has received an observation letter with 'no objection' from the National Stock Exchange (NSE) and 'no adverse observations' from Bombay Stock Exchange (BSE) with regards to merger with Adani Cementation Ltd. The proposal for a merger between Adani Cementation and...
ONDC empowering small businesses, revolutionising e-commerce: PM Modi
Business

ONDC empowering small businesses, revolutionising e-commerce: PM Modi

New Delhi, Jan 2: The government run Open Network for Digital Commerce (ONDC) has empowered small businesses and revolutionised e-commerce, said Prime Minister Narendra Modi on Thursday. ONDC a network of more than 200 apps, including buyer apps and seller apps was launched in 2021 to democratise...
Gross NPA ratio of India’s banks falls to 12-year low of 2.6 pc
Business

Gross NPA ratio of India’s banks falls to 12-year low of 2.6 pc

Mumbai, Dec 31: The asset quality of India’s banks has improved further with their gross non-performing assets (GNPA) declining to 2.6 per cent of total advances in September 2024 which is the lowest level in the last 12 years, according to the RBI’s latest financial stability report. The net NPA...
India targets $1 billion banana exports as sea route trial proves successful
Business

India targets $1 billion banana exports as sea route trial proves successful

New Delhi, Dec 31: India has witnessed a tenfold rise in exports of bananas in the past decade and is now targeting $1 billion in banana exports in the next five years after successful trial shipments to the Netherlands via the sea route, according to the Centre’s Agricultural and Processed Food...
Year Ender: India took big strides in creating futuristic technologies across sectors
Business

Year Ender: India took big strides in creating futuristic technologies across...

New Delhi, Dec 31: India’s manufacturing sector is making its presence felt on the global stage across industries ranging from electronics to steel, with the country emerging as the world's third-largest smartphone exporter and net exporter of steel for the first time.Driven by government...
Budget 2025-26: Assocham seeks further ease of doing biz, credit flow for MSMEs
Business

Budget 2025-26: Assocham seeks further ease of doing biz, credit flow for MSMEs

New Delhi, Dec 30: In order to further empower micro, small and medium enterprises (MSMEs) and ensure ease of doing business, there is a need to establish integrated infrastructure townships and universities to promote skill development and entrepreneurship training as well as to foster growth...
NIFTEM-K rolls out new technologies to fuel growth in food processing sector
Business

NIFTEM-K rolls out new technologies to fuel growth in food processing sector

New Delhi, Dec 30: The National Institute of Food Technology Entrepreneurship and Management (NIFTEM-K) has made significant strides in 2024 with the unveiling of new technologies to fuel growth in the country’s food processing sector, according to a year end review of the Ministry of Food...
Adani Enterprises’ share jumps nearly 5 pc, Adani Ports among top gainers
Business

Adani Enterprises’ share jumps nearly 5 pc, Adani Ports among top gainers

Mumbai, Dec 30: The share of Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, jumped nearly 5 per cent in the morning trade on Monday. At around 11:06 am, the share price of Adani Enterprises rose 4.97 per cent to Rs 2,529 per share on the BSE. The stock's 52-weeks high price...
NMDFC disburses over Rs 9,228 crore to 24.84 lakh beneficiaries, 85 pc women
Business

NMDFC disburses over Rs 9,228 crore to 24.84 lakh beneficiaries, 85 pc women

New Delhi, Dec 28: The National Minorities Development and Finance Corporation (NMDFC) has disbursed more than Rs 9,228.19 crore covering over 24.84 lakh beneficiaries since inception, out of which more than 85 per cent beneficiaries are women, the government said on Saturday. NMDFC is under the...
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