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IndusInd Bank, NPCI tie up to simplify cross-border remittances through UPI

IndusInd Bank, NPCI tie up to simplify cross-border remittances through UPI

Indians can now get remittance money from their foreign sources in a much easier way as IndusInd Bank has tied up with NPCI to facilitate cross-border money transfer by using UPI IDs of the beneficiaries.

This will obviate the need to remember one's bank account details to send money.

Capillary Technologies files draft papers to raise Rs 850 cr via IPO

Capillary Technologies files draft papers to raise Rs 850 cr via IPO

Capillary Technologies (India) Ltd, backed by Warburg Pincus and Sequoia Capital, has filed preliminary papers with markets regulator Sebi to raise Rs 850 crore through an initial share-sale.

The company offers artificial intelligence (AI)-based cloud-native Software-as-a Solution (SaaS) products and solutions to develop loyalty of consumers and channel partners.

Covaxin showed good immune response in children during trials: NTAGI chief

Covaxin showed good immune response in children during trials: NTAGI chief

Covaxin has shown that it has a very good immune response in children in trials, Chairman of India's COVID-19 Working Group of the National Technical Advisory Group on Immunisation (NTAGI) Dr NK Arora said on Sunday.

In an exclusive interview on the Prime Minister's decision on rolling out vaccination for beneficiaries between 15-18 years of age, which going to commence from January 3, Arora told ANI about the possible benefits of this decision.

Sabarimala's lord Ayyappa temple closes after 41-day long pilgrim season

Sabarimala's lord Ayyappa temple closes after 41-day long pilgrim season

Mandala puja was held at the Sabarimala's Lord Ayyappa temple on Sunday, marking the conclusion of the 41-day pilgrim season.

Mandala Puja was performed in the auspicious time between 11.50 am and 12.40 noon by Thantri Kandararu Mahesh Mohanaru and Chief priest N Parameswaran Namboodiri. The idol of Lord Ayyappa was adorned with 'thanka anki' attire, which was brought here on Saturday evening in a ceremonial procession.

Omicron can evade Covid vaccines' protection, antibody therapies: Study

Omicron can evade Covid vaccines' protection, antibody therapies: Study

Omicron can evade the immune protection conferred by COVID-19 vaccines and natural infection, according to a peer-reviewed study which also suggests that the new variant of coronavirus is completely resistant to antibody therapies in use today.

The study, published in the journal Nature on Thursday, also highlights the need for new vaccines and treatments that anticipate how the SARS-CoV-2 virus may soon evolve.

Shares of this IT Company has zoomed 87% thus far in December

Shares of this IT Company has zoomed 87% thus far in December

Shares of Ceinsys Tech (formerly ADCC Infocad) were locked in the 20 per cent upper circuit for the second straight day, at Rs 253.25, hitting a record high on the BSE in Friday's trade.

In the past two trading days, the stock of the information technology (IT) consulting & software company has surged 44 per cent after the announced acquisition of Allygrow Technologies Private Limited, a technology driven company having presence in US, Europe and India and specializing in product design and robotics automation (manufacturing engineering) services.

Qualcomm tops global smartphone apps chip market with double-digit growth

Qualcomm tops global smartphone apps chip market with double-digit growth

The global smartphone applications processor (AP) market grew 17 per cent to $8.3 billion in the third quarter (Q3) this year, with Qualcomm and MediaTek posting double-digit growth, according to a new report.

Qualcomm maintained its smartphone AP leadership with a 34 per cent revenue share, followed by Apple with 28 per cent and MediaTek with 27 per cent. New entrant Google captured 0.1 per cent share.

Attero to invest Rs 300 crore to ramp up battery recycling capacity

Attero to invest Rs 300 crore to ramp up battery recycling capacity

E-waste recycling firm Attero is planning to invest Rs 300 crore in a bid to increase its existing lithium-ion battery recycling capacity by 11 times to 11,000 tons by the end of 2022, a top company official said.

According to the market estimates, India generates more than 50,000 tons of lithium-ion battery waste every year and it is growing in the range of 40-80 per cent depending on different models used for computing electric vehicle growth in India, Attero Recycling CEO and co-founder Nitin Gupta told PTI.

India records 6,650 Covid cases in 24 hrs, Omicron tally rises to 358

India records 6,650 Covid cases in 24 hrs, Omicron tally rises to 358

India recorded 122 cases of the Omicron variant of coronavirus in a span of 24 hours, the highest so far, pushing its tally in the country to 358, 114 of which have recovered or migrated, according to Union Health Ministry data updated on Friday.

The 358 Omicron Covid variant cases have been detected across 17 states and union territories so far, it showed.

L&T Finance Holdings dips 7% on divestment of Asset Management business

L&T Finance Holdings dips 7% on divestment of Asset Management business

Shares of L&T Finance Holdings dipped 7 per cent to Rs 77.05 on the BSE in Friday’s intra-day trade amid heavy volumes after the company announced divestment of its Asset Management business.

The stock of Larsen & Toubro (L&T) Group company had hit a 52-week low of Rs 71.55 on Monday, December 20, 2021. It touched 52-week high of Rs 113.40 on March 3, 2021. At 10:08 am, L&T Finance Holdings was down 6.4 per cent, as compared to 0.7 per cent decline in the S&P BSE Sensex.

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