National Highways Authority of India (NHAI) has signed an agreement with a private company to develop a Rs 673 crore Multi-Modal Logistics Park (MMLP) in Nagpur spread over an area of 150 acres, a statement said on Tuesday. The park, to be developed in a public private partnership mode, has DC Multi Modal Park (Nagpur) […]
The Reserve Bank of India (RBI) on Monday said it has approved an ‘Offline Retail Payments’ product developed by HDFC Bank, in partnership with Crunchfish AB, for adoption by banks and other financial institutions.Under the ‘On Tap’ application facility for the theme ‘Retail Payments’ of the Regulatory Sandbox (RS), HDFC Bank (in partnership with Crunchfish […]
In a bid to expand its fleet size and enter new cities, Gurugram-based all-electric taxi startup BluSmart has turned to individuals for investments through its Assure programme. As a part of the programme, individuals can buy an EV and lease it out to BluSmart for a period of four years in exchange for fixed monthly […]
Union Finance Minister Nirmala Sitharaman will present the interim Budget for the fiscal year 2024-25 on February 1, 2024. This would be her sixth consecutive Budget since 2019. Since this is coinciding with the general elections year which is scheduled for early next year, the finance minister will present the interim Budget instead of a […]
By Sumit Gupta As the Indian Virtual Digital Assets (VDA) landscape undergoes transformative shifts, discussions around compliance and consumer protection are gaining prominence, and for a compelling reason – India boasts the highest number of VDA investors globally, as highlighted in a recent report by Chainalysis. While the majority of VDA exchanges in India are […]
Smaller social media stocks are slowly winning over analysts as the outlook for the advertising industry improves. Brokers are searching beyond big names like Meta Platforms Inc. for potential beneficiaries from a recovery in the digital advertising market. As clients look to redeploy their dollars following post-pandemic cutbacks, stocks such as Snap Inc. and Pinterest […]
It was perhaps preordained that an agreement on reducing fossil fuel production and consumption should have happened at the COP28 climate negotiations in Dubai, presided over by the CEO of one of the world’s largest oil companies. For three decades, the international community has avoided the direct mention of fossil fuels in climate agreements. The […]
Vivendi SE is considering splitting up its media and entertainment empire into several companies to better take advantage of each unit’s strength.Since listing Universal Music Group two years ago, the French company said it has “endured a significantly high conglomerate discount,” reducing its valuation and limiting growth opportunities for its subsidiaries, according to a statement […]
In a big win for the Hindu side, the Allahabad High Court has given the green light for conducting a survey of the Shahi Idgah Complex in Uttar Pradesh’s Mathura. The modalities of the commission of advocates for the survey will be decided on December 18. “Allahabad HC has allowed our application where we had […]
Is iQOO the new OnePlus? Conversations like these have started to gather a lot of momentum over the last few years. And for good reason. This Vivo spin-off brand has literally taken upon itself to fill the gap left after OnePlus moved to service a higher price tier. Year after year, it’s become almost like […]