The union budget 2021-2022 presented in Parliament earlier this month has proposed to set up a DFI (Development Finance Institution) with an initial capital of Rs.20,000 crores to fund the Rs 111 lakh crores’ ambitious National Infrastructure Pipeline (NIP). India Infrastructure Finance Company Limited managing director PR Jaishankar said that the company is prepared to […]
Category Archives: Business
Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries, has increased its stake in SkyTran, a company that develops pod taxis in the United States. In a statement released on Sunday, the company said it had increased its stake to 54.46 percent on a fully diluted basis with a $26.76 million investment. […]
India’s coming foreign trade exchange strategy may have a different section managing online business interestingly in the midst of requests for aiding a huge number of producers become exporters, said three people familiar with the development. A few E- business firms, including Amazon India, Walmart Inc., eBay, PayPal and industry bodies FICCI and CII have […]
The U.S. government on Saturday authorised Johnson & Johnson’s single-dose COVID-19 vaccine, enabling millions of Americans to be vaccinated within the approaching weeks and setting it up for extra approvals around the world. The U.S. Food and Drug Administration announced the emergency to use authorisation for adults aged 18 and older following Friday’s unanimous endorsement […]
Facebook’s internal research and development group, New Product Experimentation (NPE) has launched its next experimental application, called BARS. This is the NPE Team’s second launch in the music space following its recent public debut of the music video app ‘Collab’. BARS makes it possible for certain content creators to create and share their raps using […]
According to a new study, Chinese state-sponsored groups have infiltrated the computer networks of at least a dozen Indian state-run organisations, primarily power utilities and load dispatch centres, in an attempt to insert malware that could cause widespread disruptions. According to the study by Recorded Future, a US-based company that tracks the use of the […]
As the covid crisis depresses air travel, London’s Heathrow airport will charge departing passengers an additional 8.90 pounds ($12.40) to recoup costs. The tariff has been approved by the UK’s aviation regulator as part of a protocol that allows the hub to cover costs such as electricity, luggage, and check-in services. According to a statement […]
According to a business survey, China’s factory activity expanded at the slowest pace in nine months in February, as poor overseas demand and COVID outbreaks weighed on production, placing pressure on the country’s labor market. The manufacturing slowdown highlights the fragility of China’s ongoing economic recovery, even though domestic COVID-19 cases have been eradicated and […]
Switzerland Electric Car Market is anticipated to grow with a significant CAGR of 21% during the forecast period (2019-2025). Growing demand for zero-emission vehicles, stringent government regulations and rising charging infrastructure across the country are major factors that are expected to propel the Switzerland electric car market. (Get 15% Discount on Buying this Report) Get Report […]
Spain electric car market is anticipated to grow with a significant CAGR of 21.0% during the forecast period (2019-2025). Growing environmental concerns, rising government initiatives, and the rising demand for zero-emission vehicles are expected to drive the market. A growth of around 48% was reported on the Spain electric car market in 2019 and reached around […]