Page 262 - Bs Reporter%c2%a0/workspace/business Standard Web/video

Indian exporters fear $400 mn stuck in Russia as West blocks its banks

While exporters will get more clarity on the impact when finer details of SWIFT ban are spelt out, they have had discussions with govt to deal with payment-related challenges

Google, MeitY to help 100 Indian startups for making global apps, games

As part of the 6-month programme Google and MeitY, will train 100 startups through a customised curriculum designed to help them drive high-quality apps for a global market

Reliance Retail Ventures buys majority stake in Abraham & Thakore

Last year, RIL arm had partnered Manish Malhotra's brand and Raghavendra Rathore's company

Fintech startup Snapmint raises $9 mn in Series A from 9 Unicorns, others

The BNPL platform makes it easy for Gen Z consumers to buy any lifestyle category product, be it clothes, accessories or mobile phones, using small installments and no-cost monthly payment options

83% Indian BFSI players think AI must to boost customer experience: Report

The report also said more than 80% of respondents from the banking and financial services industry say they have deployed chatbots to make customer servicing easy.

India and Japan renew bilateral swap arrangement of $75 billion

Essentially, BSA is a two-way arrangement where both authorities can swap their local currencies in exchange for dollars

Indian Oil no longer accepts Russian crude oil on free-on-board basis

The letter was sent on Monday to traders who submit cargo offers into IOC's regular crude oil buy tenders

Indian IT sector not impacted by Russia-Ukraine war; in wait-and-watch mode

Analysts say no direct presence in Ukraine; per 60% of the sector's business comes from US, another big chunk from UK, Germany and France

ExactSpace Technologies raises $1.4 mn in seed funding led by Thermax

ExactSpace Technologies' proprietary AI platform Pulse combines algorithms which 'learn' about machine behaviour with expert knowledge of the industry to help operators make accurate decisions.

Upswing Financial Technologies raises $4 mn from QED Investors, others

Upswing Financial Technologies will use the funds in building plug-and-play platforms for open finance and help fintechs and consumer tech players offer financial services seamlessly.

Testsigma raises $4.6 million in seed funding led by Accel, STRIVE

Testsigma's open-source test automation platform is designed to enable modern software development teams to test and release products quickly, continuously, and at scale.

State to bear the cost of bringing 5,000 Tamil students in Ukraine: Stalin

The state has opened 24x7 helpline for Tamilians stranded in the war-torn nation. India weighing evacuation options via land through Hungary, Poland, Belarus, Slovak Republic and Romania

Delhi High Court adjourns Future-Amazon case to February 28

Future Group's counsel argued that if it goes into bankruptcy, the 2019 deal with Amazon for a stake sale will anyway not stand

Rakesh Sharma reappointed as MD&CEO of IDBI Bank for a period of 3 years

Rakesh Sharma's reappointment as the MD&CEO of IDBI bank has received the banking regulator, Reserve Bank of India's (RBI) nod.

Support broken: Technical analysts see Nifty slipping below 16,000

Thursday's 815-point, or 4.8 per cent fall, saw the benchmark index surrender this level decisively

Northern Arc Group to acquire SMILE Microfin

The transaction will involve the takeover of the microfinance portfolio of S.M.I.L.E., along with its network of nearly 150 branches catering to over 0.2 million customers.

Vedanta Aluminium launches low carbon aluminium, unveils two product lines

The first production volume of 100 kilo tonnes of Restora and Restora Ultra aluminium already has interest from environmentally conscious customers

BMW drives in all-electric MINI Cooper SE at Rs 47.2 lakh

Only 30 units were allotted for India in the first batch

RBI cancels PC Financial Service's certificate of registration

The company violated the central bank's directions on outsourcing and KYC norms and was also found to be charging very high interest rates and other charges from its borrowers

Women participation in gig economy sees 3x surge: Taskmo report

Industries like fin-tech, edtech, e-commerce, fashion tech and health-tech are showing maximum job allocation for women gig workers