Business News Updates

Rolls Royce Arcadia Droptail
Rolls Royce reveals Rs 209 crore Arcadia Droptail; and yes, it’s drop-dead gorgeous

Rolls-Royce has revealed the third example of its approximately Rs 209 crore coachbuilt roadster. The Arcadia Droptail was revealed at a private ceremony in Singapore and follows the Amethyst and La Rose Noire cars shown last year as part of a production run of four.

  • Saturday, 02 March 2024
Nirmala Sitharaman
Rs 1,000 cr worth of infra projects launched by Nirmala Sitharaman

The Finance Minister said that projects like these renew confidence and boosts morale of the officials that the government continues to provide for their welfare and well-being.

RBI
RBI streamlines Bharat Bill Payment System, customers get more protection

The directions state that NBBL is the entity authorised as the Payment System Provider for Bharat Bill Payment System (BBPS).

  • Friday, 01 March 2024
  • RBI
10 bank holidays in Odisha in the month of March
10 bank holidays in Odisha in the month of March; check full list here

Among the major holidays in March in the state are Good Friday, Holi, and Maha Shivratri. Customers should pay attention to the scheduled holiday dates in March and visit the branches accordingly for their work.

Paytm
Paytm, PPBL discontinue inter-company agreements before RBI deadline

Services like Paytm app, Paytm QR, Paytm soundbox and Paytm Card machines will continue to work uninterrupted beyond the RBI’s March 15 deadline.

  • Friday, 01 March 2024
Honda
Next-gen Honda Amaze in works, likely to break cover this festive season

As per an Autocar India report, ACE platform that underpins the City and Elevate will also see duty on the next Amaze, with some modifications; particularly a much shorter wheelbase than the City's 2,600mm and the Elevate's 2,650mm, to bring the overall length of the Amaze under four metres.

  • Friday, 01 March 2024
‘Eat Right’ tag for clean, nutritious food to 150 railway stations
‘Eat Right’ tag for clean, nutritious food to 150 railway stations

The “Eat Right Station” certification process involves rigorous audits of food vendors, training of food handlers, adherence to strict hygiene and sanitation protocols and efforts to raise awareness among individuals to make informed food choices.

  • Thursday, 29 February 2024
Rendered Image Of Apple Car
Apple scraps decades-long multibillion-dollar electric car project

The decision was internally disclosed by Chief Operating Officer Jeff Williams and Vice President Kevin Lynch on February 27, leaving nearly 2,000 project employees stunned, the report said.

  • Thursday, 29 February 2024
Disney and Reliance Industries Limited
Disney, Reliance to merge India media operations to create Rs 70,000 crore behemoth

Reliance and its affiliates will hold a 63.16 per cent stake in the combined entity that will house two streaming services and 120 television channels. Disney will hold the remaining 36.84 per cent stake, the companies said in a statement.

  • Wednesday, 28 February 2024
Vijay Shekhar Sharma
Vijay Shekhar Sharma steps down as Paytm Payments Bank Chairman, Board member

Leading financial services company Paytm said on Monday that its founder and CEO Vijay Shekhar Sharma has stepped down as Non-Executive Chairman and Board Member of Paytm Payments Bank Ltd (PPBL), as the Reserve Bank of India (RBI) ban on the bank's operations inches closer.

  • Tuesday, 27 February 2024
India's poverty level has fallen below 5%: NITI Aayog CEO
Poverty in India has dropped below 5%: NITI Aayog

"The consumer expenditure survey also reflects the success of the poverty alleviation measures taken by the government," Subrahmanyam told journalis

RBI
RBI notifies banks on interest equalisation scheme for rupee export credit

The rate of interest equalisation shall be 2 pert cent for manufacturers and merchant exporters exporting under specified 410 HS lines and 3 per cent for MSME manufacturers exporting under any HS line.

  • Thursday, 22 February 2024
  • RBI
Kawasaki Ninja 500
Kawasaki launches Ninja 500 in India; check price & specs

The Indian-spec model gets a single standard variant; the other markets get an additional SE variant as well. The Japanese middleweight inherits a larger displacement, which is already featured in the 2024 Eliminator, and is available in a single metallic spark black colour scheme.

  • Thursday, 22 February 2024
AI skilling for 11K Indian innovators, startups, youth; Microsoft, iCreate, IT ministry join hands
AI skilling for 11K Indian innovators, startups, youth; Microsoft, iCreate, IT ministry join hands

On completion, the participants will receive globally recognised certifications from Microsoft, providing a boost to their employability and career progression.

RBI
India’s Q4 GDP growth at 7%, surge in corporate investments likely: RBI

“The Indian economy continues to sustain the momentum achieved in the first half of 2023-24, going by high frequency indicators,” the bulletin states.

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