India

Shares of Deepak Nitrite fell over 5 per cent in early trade today after a massive fire incident

Shares of Deepak Nitrite fell over 5 per cent in early trade today after a massive fire incident

Shares of Deepak Nitrite fell over 5 per cent in early trade today after a massive fire broke out at the company's chemical manufacturing facility in the Nandesari industrial area on the outskirts of Vadodara (Gujarat) on Thursday evening. The stock has fallen after six days of consecutive gain. It opened with a loss of 4.66 per cent at Rs 1950 on BSE. Deepak Nitrite stock further fell 5.14 per cent to Rs 1,940 on BSE. The large-cap share trades higher than 5-day moving averages but lower…
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Unicas to cease CAS as its native token post 30th June, 2022

Unicas to cease CAS as its native token post 30th June, 2022

25,00,000 CAS tokens are currently staked by UNICAS UNICAS- a crypto friendly financial institution has announced that CAS token by Cashaa will cease to be its native token post 30th June 2022. This announcement comes after both entities decided to dissolve their partnership last week. Unicas crypto After successfully transforming India's crypto-terrain in the last year of operations, Unicas has green-lit a management buy-out and has decided to part ways with the UK-based crypto Neo-banking company. The company has stated that the management change poses no risks to…
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MakeMyTrip joins hands with Climes to encourage travellers to neutralize their flight emissions

MakeMyTrip joins hands with Climes to encourage travellers to neutralize their flight emissions

MakeMyTrip, India’s leading online travel company, has partnered with Climes, an Indian climate-tech startup, to introduce carbon neutralization options when booking a flight through its platform. Through this collaboration, flyers of MakeMyTrip will be able to neutralize the carbon footprint of their air travel - entirely or partially. Commitments made by MakeMyTrip users will be distributed by Climes to carbon removal projects that focus on increasing biodiversity through agroforestry, and restoring degraded agricultural lands, across the country. Flyers will additionally have the option of choosing the project they…
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Clix Group enters into Strategic Partnership with MSME Lending Platform Tezzract; to lend INR1000 crore

Clix Group enters into Strategic Partnership with MSME Lending Platform Tezzract; to lend INR1000 crore

Both the companies will build products specifically catering to MSMEs New Delhi: Clix Group (Clix Capital and Clix Finance), a leading non-banking financial services group with a strong pan-India presence, has entered into a strategic partnership with Tezzract Fintech Private Limited, to innovate and bring new age solutions for lending to MSMEs in India. Under this partnership Clix aims to lend an additional INR1000 crore to MSMEs by the end of this year. Clix to disburse an additional INR1000 crore in FY23 Through this partnership, both companies…
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World Cider Day: Give your taste buds a Cider taste

World Cider Day: Give your taste buds a Cider taste

Cider enthusiasts around the world clink their glasses together and make a toast to World Cider Day. Some of the health benefits of Cider are that it helps in aiding weight loss, helps in reducing cholesterol, lowers blood sugar levels, and improves the symptoms of diabetes. Apple Cider can be included in one's daily routine as it has very less calories. Apple Ciders can be alcoholic and non-alcoholic. There are numerous Cider drinks available in the market. On this World Cider Day, we have curated a list…
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IndiGo CarGo awarded “Indian Air cargo Transport Leader of Covid Vaccine” at CarGo India Conference

IndiGo CarGo awarded “Indian Air cargo Transport Leader of Covid Vaccine” at CarGo India Conference

India’s leading carrier, IndiGo, won the Indian Air cargo Covid Transport Leader of Covid Vaccine award at the recently held CarGo India Conference in Mumbai. IndiGo won the award for swiftly transporting COVID vaccines across India during the pandemic. IndiGo’s actions saved innumerable lives and livelihoods and helped the country emerge from the pandemic quickly. The award was presented to Mr. Mahesh Malik, Chief Commercial Officer- CarGo, IndiGo, during a conference at the Grand Hyatt in Santacruz, Mumbai. IndiGo has won its customers’ trust with its fleet…
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Electric mobility start-up INDEANTA raises $150,000 in Bridge Round from Ivy Growth Associates and a network of Angel Investors

Electric mobility start-up INDEANTA raises $150,000 in Bridge Round from Ivy Growth Associates and a network of Angel Investors

Delhi, 03 June 2022: Electric mobility start-up INDEANTA raises $150,000 from IvyGrowth Associates and a network of Angel Investors. The round is led by Prateek Toshniwal, Mehul Shah, Nine Spar& others. The fundraise represents a bridge round in their ongoing Pre-Series A round. Having started operations in Dec 2020, Indeanta began with its in-campus mobility services. The brand was India's first & one of the only companies globally to offer multi-modal electric ride-hailing and ride-sharing services for university students. These services include electric buggies, electric motor scooters, electric…
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Noida International Airport selects Tata Projects Ltd as EPC Contractor

Noida International Airport selects Tata Projects Ltd as EPC Contractor

National, June 03, 2022: Yamuna International Airport Private Limited (YIAPL) has selected Tata Projects Ltd. to undertake the engineering, procurement, and construction (EPC) of Noida International Airport (NIA). The company has been selected from three shortlisted teams with demonstrated experience in the design, procurement, and construction of large infrastructure projects. Tata Projects will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at Noida International Airport. Tata Projects has a vast experience in building efficient infrastructure and some of their outstanding work…
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Sonia Gandhi tests Covid positive.

Sonia Gandhi tests Covid positive.

New Delhi Bureau Congress president Sonia Gandhi has tested positive for Covid and isolated herself. The party has clarified that as of now, she would appear before the Enforcement Directorate on June 8 for questioning in the National Herald case. Senior Congress leader Randeep Singh Surjewala said Mrs Gandhi developed mild fever and other Covid symptoms last evening.  "Congress President, Smt Sonia Gandhi has been meeting leaders and activists over last week, some of whom have been found Covid +ve. Congress President had developed mild fever &…
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SMEs remain upbeat on demand revival, according to the ASSOCHAM-Dun & Bradstreet Small Business Confidence Index

SMEs remain upbeat on demand revival, according to the ASSOCHAM-Dun & Bradstreet Small Business Confidence Index

 Confidence amongst India's small businesses remains high with an overwhelming majority of the SME executives expecting improvement in the second quarter of 2022 on most of the parameters including sales, capacity utilisation and hiring, according to the ASSOCHAM-Dun & Bradstreet Small Business Confidence Index (SBCI). The index, which measures the level of optimism of small and medium businesses on key business parameters such as sales, employment, prices, inventory and investment, stood at 87 in Q2 2022.  An index value above 50 signals an improvement or increase in the forthcoming quarter…
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