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Press Trust of India

Articles by Press Trust of India

PM Modi Calls For Innovating For India, From India

PM Modi Calls For Innovating For India, From India

Jan 15, 2022 Press Trust of India

"Our startups are changing the rules of the game. I believe that startups are going to be the backbone of New...

Maruti Suzuki Hikes Car Prices By Up To 4% To Offset Rise In Input Costs

Maruti Suzuki Hikes Car Prices By Up To 4% To Offset Rise In Input Costs

Jan 15, 2022 Press Trust of India

The company has enhanced prices across its models in the range of 0.1 per cent to 4.3 per cent owing to...

ICICI Prudential AMC, US-based First Trust Advisors Collaborate To Launch Global Funds

ICICI Prudential AMC, US-based First Trust Advisors Collaborate To Launch Global Funds

Jan 14, 2022 Press Trust of India

Under the agreement, ICICI Prudential AMC will first launch a strategic metal & energy equity fund of funds,...

ABFRL To Acquire 51% Stake In Brand Masaba

ABFRL To Acquire 51% Stake In Brand Masaba

Jan 14, 2022 Press Trust of India

This will also help ABFRL to foray into branded beauty and personal care segment, which offers tremendous...

Budget To Offer More Fiscal Support To Economy Amid Uncertainty From Third Wave: Report

Budget To Offer More Fiscal Support To Economy Amid Uncertainty From Third Wave: Report

Jan 14, 2022 Press Trust of India

Budget 2021 had pegged the fiscal deficit at 6.8 per cent or Rs 12.05 lakh crore for FY22, down from 9.5 per...

Tata Sons, Tata Investment Corporation To Participate In TCS Buyback Offer

Tata Sons, Tata Investment Corporation To Participate In TCS Buyback Offer

Jan 14, 2022 Press Trust of India

On Wednesday, the TCS Board had approved an upto Rs 18000 crore buyback offer entailing 4 crore shares at Rs...

Britannia Appoints Amit Doshi As Chief Marketing Officer

Britannia Appoints Amit Doshi As Chief Marketing Officer

Jan 14, 2022 Press Trust of India

Before this, Doshi was Director-Marketing at IT and tech firm Lenovo (India and South Asia). He has also...

CAIT Approaches CCI, Files Petition To Block Amazon's Deal To Acquire Cloudtail

CAIT Approaches CCI, Files Petition To Block Amazon's Deal To Acquire Cloudtail

Jan 14, 2022 Press Trust of India

The petition provides evidence to show Cloudtail charges fewer fees/ commission and is a preferential seller...

Vedanta To Invest In Saudi Arabia's Mineral Sector

Vedanta To Invest In Saudi Arabia's Mineral Sector

Jan 14, 2022 Press Trust of India

The company is already in discussions with stakeholders in Saudi Arabia, which is aiming to become a mineral...

Hero MotoCorp Expands Operations In El Salvador

Hero MotoCorp Expands Operations In El Salvador

Jan 14, 2022 Press Trust of India

The company has a distribution network of over 200 touchpoints across 14 cities in El Salvador.

Adani Wilmar Ltd Slashes IPO Size To Rs 3,600 Crore From Rs 4,500 Crore

Adani Wilmar Ltd Slashes IPO Size To Rs 3,600 Crore From Rs 4,500 Crore

Jan 14, 2022 Press Trust of India

The company, which sells cooking oils under the Fortune brand, is expected to float its initial public...

Here Is Why Mindtree Shares Dropped 6% After Earnings Announcement

Here Is Why Mindtree Shares Dropped 6% After Earnings Announcement

Jan 14, 2022 Press Trust of India

Mindtree on Thursday posted a 34 per cent jump in consolidated net profit to Rs 437.5 crore for the December...

Industry Leaders Positive About India's Economic Growth, Expansion: Deloitte Survey

Industry Leaders Positive About India's Economic Growth, Expansion: Deloitte Survey

Jan 14, 2022 Press Trust of India

The survey further noted that about 91 per cent respondents believe that the 'Aatmanirbhar Bharat'...

Bank Credit Grows 9.16%, Deposits Up 10.28% For Fortnight Ended December 31

Bank Credit Grows 9.16%, Deposits Up 10.28% For Fortnight Ended December 31

Jan 14, 2022 Press Trust of India

For the fortnight ended January 1, 2021, bank credit stood at Rs 107.02 lakh crore and deposits at Rs 147.26...

Mindtree Shares Fall 4.17% After Q3 Earnings

Mindtree Shares Fall 4.17% After Q3 Earnings

Jan 14, 2022 Press Trust of India

Mindtree on Thursday posted a 34 per cent jump in consolidated net profit to Rs 437.5 crore for the December...

Commerce Minister Urges Global VC Funds To Focus On Startups In Smaller Cities

Commerce Minister Urges Global VC Funds To Focus On Startups In Smaller Cities

Jan 14, 2022 Press Trust of India

Chairing a roundtable with global venture capital (VC) funds, the minister said the government has already...

HCL Tech Acquires Hungary's Starschema for $42.5 Million

HCL Tech Acquires Hungary's Starschema for $42.5 Million

Jan 14, 2022 Press Trust of India

The strategic acquisition will bolster HCL Technologies' capability in digital engineering -- driven by data...

Wholesale Inflation Eases For First Time In Four Months In December To 13.56%

Wholesale Inflation Eases For First Time In Four Months In December To 13.56%

Jan 14, 2022 Press Trust of India

WPI inflation has remained in double digits for the ninth consecutive month beginning April. Inflation in...

REC Limited Raises $1,175 Million From Consortium Of Seven Banks

REC Limited Raises $1,175 Million From Consortium Of Seven Banks

Jan 14, 2022 Press Trust of India

This is the single largest syndicated loan raised in the International Bank Loan market by any Indian NBFC.

Hero MotoCorp To Invest Rs 420 Crore In Ather Energy

Hero MotoCorp To Invest Rs 420 Crore In Ather Energy

Jan 14, 2022 Press Trust of India

The company's board has approved the investment in one or more tranches. Prior to the proposed investment,...