India’s online retail sector failed to match the growth of ecommerce in mature and far larger markets such as the United States and China this year, despite recovering quickly after the nationwide lockdown and the most...
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Vivek Johri appointed chairman of CBIC
Senior bureaucrat, Vivek Johri has been appointed as the new Chairman of the Central Board of Indirect Taxes and Customs (CBIC). He will succeed M Ajit Kumar who is completing his tenure. He is a 1985-batch Indian Revenue Service...
Jio to hike prepaid tariffs by 20%-21%
Reliance Jio Infocomm (Jio) will increase prepaid tariffs by 20-21% from December 1, following similar moves by rivals Bharti Airtel and Vodafone Idea (Vi) last week, as the Mukesh Ambani-owned telco aims to net more revenue from...
Finteching Banks to the next level
Fintech investments have increased to $36.2 billion in the third during the second half of 2021, up 153% from $14.3 billion in the same period as of last year. Q3 2021 witnessed the highest Fintech funding for any quarter since...
Cricket India need a big jump for 2022 WTC final berth
Last Test Championship Runners up face a difficult situation prior to their next test tournament. After a defeat against the Proteas, Virat Kohli and company are definitely eyeing to make a big leap.India have lost two matches on...
Trump’s social network TRUTH may launch on February 2022 and it’s gonna be YUGE
Former President Donald Trump’s new media venture plans to launch its social media app Truth Social on Feb. 21, according to an Apple Inc (AAPL.O) App Store listing. The app’s launch would come 13 months after Meta...
Torrent power acquires 50MW Solar Power Plant from Lightsource bp and UKCI for Rs 300 cr
Torrent Power Limited has acquired full stake in Lightsource Renewable Energy (India) Limited for Rs 300 crore. Lightsource Renewable operates a 50 MW solar power plant in the state of Maharashtra. “With the acquisition of...
Ola s1 pro electric scooter catches fire in Pune, company says will take appropriate action
Ola Electric on Saturday said it is investigating the incident of its electric scooter catching fire in Pune and will take appropriate action. In the video the scooter is seen parked on the roadside of a busy commercial area and...
491 charging stations installed as on March 1 under FAME
About 491 charging stations have been installed as of March 1 this year under the two phases of the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) scheme, Parliament was informed on Friday. As per...
Airtel to acquire 7% in Avaada KNShorapur
Bharti Airtel has entered into a contract to acquire over 7 per cent stake in Avaada KNShorapur for Rs 1.74 crore as cash consideration, the company said in a regulatory filing on Sunday. Avaada KNShorapur is a special purpose...
