Page 2536 - Press Trust Of India

AI market in India to touch $17 billion by 2027: Nasscom-BCG report

The Nasscom report in partnership with BCG was released on Tuesday at the sidelines of the Nasscom Technology & Leadership Forum 2024 here

Mass production of LCD displays can start in India in 18-24 months: Innolux

Vedanta has onboarded Innolux as a technology provider to set up a display screen manufacturing unit at an estimated cost of $3-4 billion in the country

A-I, Vistara merger in progress, awaiting approvals: Singapore Airlines

For the three months ended December 2023, SIA Group reported an operating profit of SGD 609 million, a decline of 19.3 per cent compared to the year-ago period

NCLT allows Tata Steel's proposal to withdraw merger with TRF Ltd

On February 7, Tata Steel had said that its board has decided not to pursue the amalgamation of TRF Ltd, as the associate company is witnessing a turnaround in its business performance

Economic outlook appears bright, 7% GDP growth expected in FY25: FinMin

During the current financial year, the Indian economy is estimated to grow at 7.3 per cent. This would be the third year in the row when the GDP would grow in excess of 7 per cent

Sebi takes steps to boost ease of doing biz, compliance reporting

The onus of obtaining and reporting the FATCA and CRS certification and related compliances will lie with the respective intermediaries

Sun Pharma to acquire 16.33% stake in Surgimatix for $3.05 million

The cost of acquisition is $3.05 million, the filing said, adding that the acquisition is expected to be completed by February 2024, subject to fulfilment of certain conditions

Navi Mumbai civic body approves Rs 4,950 crore Budget for 2024-25

Talking to PTI, Narvekar said an inclusive approach was adopted while formulating the budget, and suggestions from citizens were also incorporated

NSE, Goa govt ink pact to facilitate fund raising for MSME sector

Sriram Krishnan, Chief Business Development Officer of bourse said that NSE Emerge enables SMEs to raise capital efficiently and increase visibility through listing on stock exchange

FedEx Express inaugurates regional hub at Dubai World Central Airport

This new FedEx regional hub at Dubai World Central Airport marks a long-term investment of more than USD 350 million, focusing on infrastructure, and technological advancements, the company said

ReNew Q3 results: Loss narrows to Rs 321 cr, revenue rises to Rs 1,929 cr

During the April-December period, the net profit was at Rs 353.8 crore. The company had reported a net loss of Rs 510.3 crore in the first nine months of FY23

Moscow never hurt our interests: EAM justifies Russian crude procurement

The external affairs minister said India has had a "stable" and "very friendly" relationship with Russia, and that Moscow never hurt New Delhi's interests

PVR Inox lowers movie ticket prices to celebrate 'cinema lovers day'

The cinema chain has reduced ticket price to Rs 199 for recliner seats and those keen on experiencing films in IMAX, 4DX, MX4D and gold category will also find ticket prices on discount

Govt cuts import duty on turkeys; exempts extra long staple cotton from tax

Similarly, import duty pertaining to meat and edible offal of turkeys, were also reduced from 30 per cent to 5 per cent effective Tuesday

Day not far when Kashmir will get connected with Kanyakumari by rail: PM

Prime Minister Modi said that "the day is not far when people will be able to travel across the country by taking a train from Kashmir"

WTO meet: Govt to oppose continuation of moratorium on e-comm trade duties

As per estimates, the potential tariff revenue losses to the developing countries are about $10 billion every year. For India, it could be over $500 million every year

Ramkrishna Forgings receives order worth $220 million in North America

The Kolkata-based company is a manufacturer and supplier of closed-die forgings of carbon and alloy steel, micro-alloy steel and stainless steel forgings

Convene daylong Parliament session to bring law on MSP: Farmer leader

On the issue of loan waiver, he said according to government reports, farmers have a total debt to the tune of Rs 18.5 lakh crore

Chandigarh polls case: SC verdict huge victory of democracy, says AAP

Following the Supreme Court's decision on Tuesday, Kejriwal hailed the top court, saying it had saved the democracy in these "difficult times"

Electric vehicle startup Vidyut raises $10 mn from 3one4 Capital, others

Vidyut said it will now offer EV insurance, lifecycle management, and EV resale, and it is also looking to expand its presence to 40 cities