GM cutting hundreds of jobs as it eyes $2 bn cost cutting target

GM disclosed the $2 billion cost cut target in January. The automaker said in January it…

Axis Bank completes acquisition of Citibank’s India consumer business

Axis Bank has acquired Citibank’s India consumer business and its non-banking financial company (NBFC) consumer business…

Paytm’s share capital base reduces by 2.4% post buyback; domestic MFs increase stake to 2.68%

Paytm informed stock exchanges on February 13 that it has repurchased 15.57 million equity shares, representing…

RBI unveils UPI payments facility for international travellers in India

According to the RBI statement, the facility is available to the travellers from G-20 nations at…

India, China will contribute more than half of global growth this year: IMF

The IMF warned that central banks need to remain alert even as inflation is moving in…

Adani group’s bonds rally as billionaire moves to restore confidence

All 15 dollar debt securities of the group advanced on Friday, partly helped by news that…

In Jamtara, old panchayat buildings turned into libraries and study circles for the youth

Jamtara, a district that’s associated with cyber crime, now has 118 such libraries. Rahul Chakroborty is…

Jo Johnson, brother of UK ex-PM, resigns as director of Adani-linked firm

Jo Johnson insisted he has been assured of the company’s “good standing” and has stepped down…

IIT Roorkee and AIIMS Delhi develop SwasthGarbh, an Android app for pregnant women

Indian Institute of TechnologyRoorkee (IIT Roorkee) researchers have developed ‘SwasthGarbh’ smartphone app for providing antenatal care and…

‘EVs alone can’t be India’s green energy shift’

Suzuki’s viewpoint of not being dependent only on EV is in sync with the Indian government’s…