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Haze engulfs Delhi-NCR as air quality reaches 'hazardous' level

Haze engulfs Delhi-NCR as air quality reaches 'hazardous' level

A thick blanket of haze continued to envelop Delhi and parts of the National Capital Region (NCR) on Thursday with the air quality remaining in 'poor' to 'hazardous' category.

Visuals from Rajpath in Central Delhi showed dust and haze hovering over the sky with visibility remaining very low.

Truecaller set to make deals with Chillr to foray into digital payments

Truecaller set to make deals with Chillr to foray into digital payments

Phone number search engine Truecaller on Wednesday announced a strategic investment into the payments space in India by acquiring Chillr, the country’s first multi-bank payments app.

Truecaller co-founder and chief strategy officer Nami Zarringhalam said the founders of Chillr — Sony Joy, Anoop Sankar, Mohamed Galib and Lishoy Bhaskaran — will join Truecaller.

HDFC 5th biggest consumer financial services company globally: Forbes

HDFC 5th biggest consumer financial services company globally: Forbes

Housing finance major HDFC has been ranked as the 5th biggest public company globally in the 'consumer financial services category' on a list compiled by Forbes magazine.

American Express has topped this category, while Indiabulls Housing Finance is the only other Indian company (at 13th place) on the list.

From ITC to Dabur, plastic waste control top priority for FMCG firms

From ITC to Dabur, plastic waste control top priority for FMCG firms

If demonetisation and goods and services tax (GST) gave sleepless nights to consumer goods makers till early-2018, for the past few months it has been plastic packaging materials that are ringing alarm bells for these firms.

The issue of pollution caused due to the non-degradable material is keeping consumer goods majors — from ITC and Dabur to Nestlé and PepsiCo — on their toes.

Tata Motors unveils anniversary edition Tigor Buzz priced at Rs 568,000

Tata Motors unveils anniversary edition Tigor Buzz priced at Rs 568,000

Tata Motors on Wednesday launched an anniversary edition of its compact sedan Tigor priced at Rs 558,000 and Rs 657,000.

The limited edition Tigor Buzz will be available in both petrol and diesel engine options and will be equipped with manual transmission and is based on the XT variant, Tata Motors said in a statement.

Mahindra and CIE Automotive reap dividends of partnership forged 5 yrs ago

Mahindra and CIE Automotive reap dividends of partnership forged 5 yrs ago

Five years since Mahindra and Mahindra and CIE Automotive stitched a deal to create a large auto component firm with a global footprint, the strategy has paid off for both the companies in terms of operational and financial performance and market capitalisation. Having successfully integrated the businesses across the geographies, Mahindra CIE is now scouting for acquisition of auto component firms in India in a bid to plug some gaps in its product and customer portfolio said Hemant Luthra, non-executive chairman, Mahindra CIE.

Sensex jumps 185 points in early trade

Sensex jumps 185 points in early trade

Mumbai, Jun 13 () The BSE Sensex rallied about 185 points to 35,877.41 in early session today, buoyed by robust industrial output data amid mixed Asian cues.

Industrial output expanded by 4.9 per cent in April this year, spurred by higher growth in manufacturing and mining sectors, as per official data released after market hours yesterday.

Yes Bank reappoints Rana Kapoor as CEO

Yes Bank reappoints Rana Kapoor as CEO

MUMBAI: Shareholders of Yes Bank on Tuesday approved the reappointment of Rana Kapoor as MD & CEO of the bank for a further period of three years effective September 1, 2018.

The reappointment was one of the thirteen resolutions approved by the shareholders and is subject to final approval by the RBI.

Sebi panel to look at Indian cos’ direct listing abroad

Sebi panel to look at Indian cos’ direct listing abroad

MUMBAI: Markets regulator Sebi on Tuesday set up a committee to suggest ways for Indian companies to directly list on foreign bourses, instead of the currently available American and global depository receipt (ADR/GDR) routes. The panel will also look at options for foreign companies to list on Indian bourses other than the current Indian depository receipt (IDR) route.

Infosys co-founders roll out Rs 200 crore seed fund for startups

Infosys co-founders roll out Rs 200 crore seed fund for startups

BENGALURU: Early-stage VC financier Axilor Ventures has launched a Rs 200-crore seed fund. Called Axilor Technology Fund, it will invest in fledgling startups looking for pre-seed or seed money in areas that include enterprise, deep tech, artificial intelligence (AI), consumer, fintech and healthcare.

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