Business updates

Business updates

IREDA to invest ₹290 crore in 900 MW project in Nepal

The Board of Directors of IREDA gave in-principle approval for the equity investment at a meeting on Tuesday, the company said in a statement.>

Flouting Joe Biden's rules? Google, Microsoft ‘sneakily’ offer Nvidia chips to China companies: Report

Google and Microsoft's cloud divisions offer Chinese firms access to Nvidia's AI chips outside China amid US restrictions on AI technology use.>

Your EV battery may come with an Aadhaar number. Here's why

India's e-mobility R&D roadmap suggests Aadhaar number for batteries to streamline recycling process, ensure digital record of composition and usage history.>

Coca-Cola India partners with Gram Unnati for project to boost mango yields in Karnataka

Coca-Cola and Gram Unnati's project aims to promote innovation in mango farming, benefiting farmers and the environment.>

Byju's goes under insolvency: What happens to employees? Can they recover their dues?

Byju's, once valued at $22 billion, entered a financial crisis with debts piling up when online education demand fell after the Covid-19 pandemic ended.>

Sebi's newly proposed asset class for high risk takers looks promising, experts say

Sebi's newly proposed asset class is aimed at bridging the gap between mutual funds and Portfolio Management Services (PMS).>

‘Tough to run companies’: Bengaluru founders lash out over Kannadiga reservation Bill

As Bengaluru has over five lakh registered start-ups and global MNCs, the latest ‘reservations for Kannadigas’ Bill created a discussion among business leaders>

Jefferies' Chris Wood calls India's stock market rally best in the world, with this warning

India is the best long-term equity market globally with ongoing bull run, says Chris Wood of Jefferies>

UK's new Labour government will approve Tata Steel green transition funding only if jobs are not cut

Tata Steel cannot cut jobs if the £500 million government aid to electrify its furnaces is to be approved.>

Mumbai metro update: First underground line to start from July 24. Check route, timings, stations and more details

Service on the line will start at 6:30am and continue till 11:00pm. Commuters will be able to catch a train every few minutes. >

Credits : HTimes