Mumbai: Benchmark equity indices Sensex and Nifty faced heavy volatility on Tuesday to settle flat as investors preferred to stay on the sidelines ahead of the Reserve Bank of India’s interest rate decision later this week. Selling pressure in IT counters, foreign fund outflows and weak trends in global equities also dented sentiments in markets, traders…
Silicon Valley (US): In a new trend, successful Indian startups have gradually started to move their base to Silicon Valley so that they can have a pie of the American market, an eminent Indian-American entrepreneur has said. In the last few years, it is understood that three to four hundred highly successful Indian startups have moved…
Nagpur: The Maharashtra State Power Generation Company (MAHAGENCO) has filed a caveat petition in the Nagpur bench of the Bombay High Court apprehending litigation against its proposed two 660 MW coal power units at Koradi in Nagpur. The proposed coal power units have been opposed by environmentalists and other activists who have raised concerns about air,…
Chandigarh: Punjab Chief Minister Bhagwant Mann has written to the Centre, seeking allocation of additional 1,000 MW of electricity for the upcoming paddy season. In a letter to the Union minister for Power R K Singh, CM Mann pointed out that the state’s generation capacity was limited to about 6,500 MW, whereas the peak demand is…
Silicon Valley: Talented people from across the world get attracted to Silicon Valley because it celebrates failure, an ecosystem that is found in no other parts of the world, an Indian American entrepreneur has said. The world wants to be here in Silicon Valley. Right from the emerging economies to the Western economies, everybody wants…
Silicon Valley: It is a lot easier now for global companies, especially in technology zones, to establish a footprint in India compared to a decade ago due to the Modi government’s big focus on attracting the FDI from tech companies, according to the newly-appointed Indian-American president of a US firm that pioneers in managing electronic agreements….
Kolkata: Tea production in calendar 2022 increased to 1,365 million kilogrammes, a tad higher from the previous year which stood at 1,330 million kilogrammes in 2021. As per the latest data of the Tea Board, production at the North India gardens stood at 1133.35 million kilogrammes, while it was 231.99 million kilogrammes in South India. For…
New Delhi: The civil aviation ministry will hold discussions with airlines later in the day on issues related to airfares, which have surged on certain routes in recent weeks, according to an official. Airfares have jumped significantly on certain routes, especially in the wake of crisis-hit Go First suspending operations from May 3. The meeting…
Dibrugarh: A Dibrugarh-bound plane of the IndiGo was diverted to Guwahati on Sunday morning after the pilot suspected a snag in the engine, officials said. Over 150 passengers were travelling on flight 6E-2652, including Union MoS for Petroleum Rameswar Teli and two Assam BJP MLAs — Prasanta Phukan and Terash Gowala, they said. Teli told PTI…
Panaji: Prince Fahad Bin Mansour Al-Saud of Saudi Arabia on Sunday said there are lots of synergies between the start up ecosystems of India and his nation, which can open up several opportunities. Talking to PTI on the sidelines of G20-StartUp20 Engagement Group meeting, which culminated here during the day, Al-Saud said all the participating…
