Omicron has cast a shadow of uncertainty on growth outlook: IndiGo CEO

However, the airline is stronger now when compared to situation in 2020 during the first wave of the pandemic, says Ronojoy Dutta

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Cars24 and Bajaj Finance partner to provide financing to used car buyers

This move follows a Series G funding round announced in December 2021 where the firm raised $400 million at a $3.3-billion valuation.

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Granules India gets USFDA nod for its generic Amphetamine mixed salts

This is for the treatment of Attention Deficit Hyperactivity Disorder (ADHD) and narcolepsy

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NTPC arm to float global tender to set up Rs 15k-cr 3 GW RE project by Feb

The development assumes significance given India's ambitious target of having 175GW of renewable energy by 2022, including 100GW of solar and 60 GW of wind energy

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EsportsXO raises $1.1 mn in seed round led by Mumbai Angel Network

EsportsXO facilitates opportunities for game publishers and brands to launch custom tournaments for users.

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ITC, Invest India join hands to find substitution for single-use plastic

ITC Ltd said it has collaborated with Invest India to crowdsource innovative ideas for single-use plastic substitution and automate waste segregation.

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Apple puts Foxconn factory on probation after food-poisoning incident

Foxconn also accepted that its dormitory facilities did not meet the required standards

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Bajaj Auto sets up Rs 300 crore EV manufacturing facility in Pune

Akurdi is the site of the original Chetak scooter factory that made Bajaj Auto a household name in India

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SJVN set to invest Rs 60,000 crore into Arunachal Pradesh projects

The detailed reports of some of these projects have already been prepared, while some projects are under the survey and investigation stage.

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Deja vu for retail industry; Covid uncertainties may roil recovery in 2022

Just after recovering from the devastating pandemic blows this year, the Indian retail industry is once again staring at uncertain times with localised restrictions back in many places to curb coronavirus infections even as the industry players are turning 'phygital' to cater to customers. With omnichannel approach gaining currency, technology will remain a key enabler for the retail industry and in 2022, the focus is likely to be on building an agile and sustainable supply chain that provides the convenience of 'phygital' shopping. Concepts like video shopping may become more mainstream and companies will continue to adopt advanced analytics to improve sales and gain granular actionable insights on buyer behaviour. Moreover, with social media and influencer marketing coming to the forefront, creativity and content push, especially with regional languages, will gain more importance. Metro Cash & Carry India MD & CEO Arvind Mediratta said COVID has changed consumer behaviour ...

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Deja vu for retail industry; Covid uncertainties may roil recovery in 2022

Just after recovering from the devastating pandemic blows this year, the Indian retail industry is once again staring at uncertain times with localised restrictions back in many places to curb coronavirus infections even as the industry players are turning 'phygital' to cater to customers. With omnichannel approach gaining currency, technology will remain a key enabler for the retail industry and in 2022, the focus is likely to be on building an agile and sustainable supply chain that provides the convenience of 'phygital' shopping. Concepts like video shopping may become more mainstream and companies will continue to adopt advanced analytics to improve sales and gain granular actionable insights on buyer behaviour. Moreover, with social media and influencer marketing coming to the forefront, creativity and content push, especially with regional languages, will gain more importance. Metro Cash & Carry India MD & CEO Arvind Mediratta said COVID has changed consumer behaviour ...

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GlobalBees enters unicorn club with $111.5 mn funding led by Premji Invest

GlobalBees was founded in May 2021 and has built a diverse portfolio of companies across categories such as homecare, beauty and personal care, nutrition and wellness, fashion jewellery, and eyewear i

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Go First, IndiGo announce discounts for travel between Jan 15 and April 15

Go First's is offering fares from Rs 1,022 and IndiGo from Rs 1,122

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Two vaccines, Merck drug cleared for emergency use amid Omicron rise

150 mn doses of Corbevax, Covovax expected monthly from March

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J&K Bank board appoints Baldev Prakash MD & CEO for three years

Jammu & Kashmir Bank on Tuesday said its board of directors has appointed Baldev Prakash as the MD & CEO for three years. The board of directors in the meeting held on December 28 has appointed Baldev Prakash as Managing Director & Chief Executive Officer of the bank for a period of three years, J&K Bank said in a regulatory filing. His appointment will be effective from the actual date of his taking charge, the bank said. The board also appointed R K Chhibber as an additional director on the board of the bank to be effective from the date Baldev Prakash takes charge as MD&CEO of the bank, it said further. In October this year, the RBI had approved the appointment of Prakash as the next MD&CEO of J&K Bank. His appointment was slated from the date of taking charge or April 10, 2022, whichever earlier. Prakash has over 30 years of experience in banking in various roles at small and large size branches at SBI. He had joined SBI as a probationary officer in ...

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RBI extends restrictions on PMC Bank for 3 months till March 2022

The RBI has extended the restrictions as further action on the draft scheme for the takeover of the crisis-hit bank by the Delhi-based Unity Small Finance Bank (USFB) is in process

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TCS successfully tests neural manufacturing solutions on Airtel 5G network

These solutions help manufacturers build smart, cognitive factories which mimic resilient and adaptive behaviors.

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ITC commissions first off-site solar plant in Tamil Nadu at Rs 76 cr

: Diversified business conglomerate ITC Limited has commissioned its first off-site solar plant in Tamil Nadu set up at an investment of Rs 76 crore, the company said on Tuesday.

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Bharti Airtel, TCS partner for 5G-based remote robotic operations

Telecom operator Bharti Airtel and IT major Tata Consultancy Services (TCS) have joined hands to build a 5G-based remote working technology using robotics, according to sources. Both the companies are currently running the trials in Airtel's 5G lab at Manesar, Haryana. "Indian companies are looking to adopt indigenously developed technology for 5G. Airtel and TCS have joined hands for remote robotics operations using 5G. They have successfully conducted trials in Airtel's 5G lab, a source told PTI. These solutions will enable remote robotic operations in potentially hazardous environments like mining, oil & gas fields etc, the source said. Both the companies have interest in deploying these solutions in industrial segments, once the commercial roll out of 5G starts, the source noted. When contacted, TCS declined to comment as they are going through a silent period and an email query sent to Bharti Airtel did not elicit any reply. In June, Airtel and TCS announced a strategic ...

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Walmart sued over 'improper' disposal of e-waste, hazardous items

Walmart has been sued by the California Attorney General and 12 state district attorneys, over its alleged improper disposal of electronic and hazardous waste, compromising local landfills

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