New Delhi, June 4 (IANS) Ola Consumer (formerly known as Ola Cabs) has suffered a sharp valuation cut after funds managed by US investment giant Vanguard Group reduced the fair value of its parent company -- ANI Technologies -- to just $70 million, as per multiple reports.
Mumbai, June 4 (IANS) Commerce and Industry Minister Piyush Goyal said on Thursday India is actively expanding its global trade network, with the Oman free trade agreement (FTA) coming into effect from June 1, and another two to three more significant FTAs are scheduled to become operational in the next six months.
New Delhi, June 4 (IANS) Despite energy market volatility, Indian corporates closed FY26 on a resilient note, as BSE 500 companies posted an aggregate profit after tax (PAT) growth of almost 14 per cent year-on-year in Q4FY26, largely in line with the previous quarter's performance, a report said on Thursday.
New Delhi, June 4 (IANS) More than 700 employees of Pune-based IT company ThynkTech India were left without jobs after the firm allegedly shut operations abruptly, leaving staff locked out of offices and struggling to recover pending salaries and deposits, according to multiple reports.
New Delhi, June 4 (IANS) The information and communication technology (ICT) adoption is associated with a 76% increase in the labour productivity, highlighting the role of the digital technologies in improving enterprise performance, an SBI Research report said on Thursday.
Kanpur, June 3 (IANS) The Adani Foundation and the Anushkaa Foundation on Wednesday announced a three-year partnership to support treatment and follow-up care for more than 10,000 children affected by clubfoot across five states through public healthcare systems.
New Delhi, June 3 (IANS) State-owned Navratna PSU Indian Railway Catering and Tourism Corporation (IRCTC) has expanded its digital and AI-driven operations across catering, ticketing and passenger services, handling massive passenger volumes and strengthening automation across key railway functions.
New Delhi, June 3 (IANS) A pause in interest rates by the Reserve Bank of India’s Monetary Policy Committee (MPC) would help stabilise economic conditions and support growth, State Bank of India (SBI) Chairman CS Setty said on Wednesday.
Mumbai, June 3 (IANS) The proposed India-US trade agreement is “99 per cent there”, with only a few remaining issues left to be resolved, US Ambassador to India Sergio Gor said on Wednesday, expressing optimism that both countries are close to finalising the much-awaited interim trade deal.
New Delhi, June 3 (IANS) The engineering exports promotion body, EEPC India, on Wednesday proposed to the government a separate rating system for micro, small and medium enterprises to reflect their size and operational nature.
