NHAI signs pact for logistics park in Nagpur

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) […]

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Second generation reforms for telecom sector soon

The department of telecommunications (DoT) will soon come out with a set of reforms primarily aimed at simplifying the licensing process, rationalising penalties, and faster grant of spectrum for trial purposes. Sources said that DoT also plans to launch a framework for regulatory sandbox, which will provide a lab-kind platform for startups, telecom operators, equipment […]

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Beauty and wellness startup Nat Habit raises $10.2M from Bertelsmann, others; early-stage investors to exit

D2C(direct-to-consumer) beauty and wellness products startup Nat Habit on Tuesday announced $10.2 million series B funding led by Bertelsmann India Investments (BII). The round also saw participation from existing investor Fireside Ventures along with other investors includingAmazon India Fund, Mirabilis Investment Trust,andSharrp Ventures.The startup said it will deploy the capital towards research and development, product […]

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Matrix announces merger with Bling management

Bling management, led by partners Swati Iyer, Piya Sawhney and Shanti Sivaram, has merged with celebrity platform, Matrix. Matrix, founded by Reshma Shetty and Vivek Kamath, represents actors in Indian cinema including Abhishek Bachchan, Alia Bhatt, Dulquer Salmaan, Farhan Akhtar, Katrina Kaif, Madhuri Dixit Nene, Priyanka Chopra Jonas, Ram Charan, Shahid Kapoor, Varun Dhawan and […]

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RBI approves HDFC Bank’s product on offline retail payments for adoption

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 […]

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Parliament breach intruders linked to ‘Bhagat Singh Fan Club’ on social media

In the ongoing probe into the breach of Parliament security, investigators have uncovered that all the accused involved were affiliated with the social media page ‘Bhagat Singh Fan Club.’ The individuals in question initially convened in Mysuru approximately one and a half years ago. According to police sources, Sagar Sharma, hailing from Lucknow’s Manaknagar area, […]

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