City New Delhi Financial News
26.09 / 15:07
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Digital
Cooper
Manufacturing
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International
India, Egypt identify international trade settlement, digital payments as focus areas
international trade settlement and digital payments, trade and investment in the Suez Canal Economic Zone (SCEZ), and transport and trade disputes as areas of focus, the government said Thursday after the sixth Session of India-Egypt Joint Trade Committee (JTC). New Delhi also said that necessary approvals for signing the MoU on cooperation between National Small Industries Corporation (NSIC) of India and MSME Development Agency (MSMEDA) of Egypt have been obtained. Pharmaceuticals and health sector, gems & jewelry, engineering goods, petroleum and mining, MSME Sector, customs matters, services sector, IT services, electronics manufacturing, apparel manufacturing, renewable energy – green hydrogen and
26.09 / 08:57
markets
UPS
Manufacturing
security
country
reports
India & US partner to establish semiconductor fabrication unit for national security needs
fabrication unit to be set up in India as a result of the agreement between New Delhi and Washington during PM Narendra Modi’s recent visit to the US will roll out chips that will cater to the national security needs of the two countries. As per a TOI report, the new plant, likely to come up in Uttar Pradesh’s Jewar, near the upcoming international airport, will supply advanced chips to the US armed forces, allied militaries and Indian defence forces. The cutting-edge semiconductor plant will produce chips for advanced warfare technologies, including night vision devices, missile-seekers, space sensors, drones, fighter jets, electric vehicles, military communications, radars and jammers, says the report.
26.09 / 01:11
markets
Platform
Entertainment
performer
concert
travelers
Concerts, weekend getaways, expensive dine-outs: Indians are chasing experiences
Subscribe to enjoy similar stories. New Delhi: Come 14 December and Gaurav Khanna, who runs a furniture business in South Delhi, will experience first-hand the euphoria around Punjabi singer and actor Diljit Dosanjh at his Dil-Luminati Tour in Chandigarh. Khanna has paid a hefty premium buying tickets from a resale platform to see the star perform live after slots in the national capital sold out quickly.
25.09 / 11:19
Align
Southern
Trade
electronic
reports
rights
Strike by more than 1,000 Samsung workers enters a third week in India
A strike by more than 1,000 workers at a Samsung India Electronics plant has entered its third week
25.09 / 01:09
markets
UPS
Target
Sustainability
reports
International
Banpu, Just Climate, CapitaLand shortlisted to buy Radiance Renewables
Subscribe to enjoy similar stories. New Delhi: Thai energy firm Banpu Public Co. Ltd has joined the fray to acquire Eversource Capital-backed Radiance Renewables Pvt.
25.09 / 00:51
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Manufacturing
Action
show
information
medicines
Tall claims on Ayurveda cures? You could complain to Trinetra soon
Subscribe to enjoy similar stories. New Delhi: Complaints against Ayurvedic products that make exaggerated, misleading or deceptive claims to be better than modern medicine can now be filed on a dedicated government portal, two people directly involved with the process said.
25.09 / 00:51
markets
COST
UPS
Platform
Strategy
Apple
audience
Why HBO Max, Apple TV+ are treading with care in India
Subscribe to enjoy similar stories. New Delhi: Foreign streaming apps new to India's crowded market are taking baby steps, as low returns in a price-conscious market deter them from making big bets with local originals. While Warner Bros has indefinitely delayed the launch of its streaming app HBO Max, and instead licensed content to JioCinema, Apple has tied up with Bharti Airtel for Airtel XStream customers to offer Apple TV+, which won't have any local originals.
24.09 / 13:55
markets
UPS
Provident
security
wellness
President
International
When will LTIMindtree start delivering on its merger promise?
Subscribe to enjoy similar stories. New Delhi: In the early days of the integration between second-tier technology services companies Larsen & Toubro Infotech (LTI) and Mindtree, the LTI team went out of its way to make the acquired company’s staff comfortable. “It appeared to be very democratic.
24.09 / 12:01
Citi
Aviat
Metro
stage
Traffic
International
Destinations
India's smaller towns to get a big lift: 29 new airports
Subscribe to enjoy similar stories. NEW DELHI : India is advancing its efforts to transform smaller towns into aviation hubs, with plans to establish 29 greenfield airports across underserved regions over the next two decades—a first of its kind on this scale. The Airports Authority of India (AAI) has completed feasibility studies for 10 such airports, aiming to link smaller towns with global air routes, two officials aware of the development told Mint.
24.09 / 11:31
markets
security
Software
Enterprise
reports
International
Enterprise software startup TraqCheck secures funding from Alok Oberoi, others
TraqCheck, an enterprise software startup, has raised an undisclosed amount in a funding round from Alok Oberoi, former head of Goldman Sachs’ international wealth management business; Aakash Anand, founder of Bellavita; and Caret Capital, an early-stage venture firm focused on startups in the mobility, distribution and employment sectors. The funds will be used for global expansion. ET had earlier reported that the startup aims to expand into global markets in the next two to four years. Founded in 2020 by Armaan Mehta, Jaibir Nihal Singh, and Rishabh Jain, the New Delhi-based company assists businesses in background verification using artificial intelligence.
24.09 / 11:05
Food
community
wellness
DISH
Diversity
Interviews
diving
A new bar honours the drinking culture of India
Subscribe to enjoy similar stories. The month-old bar Bombay Daak in Mumbai champions the spectacular diversity of India’s drinking culture. Its menu is inspired by local dive bars, gymkhanas as well as drinking traditions in families across communities.
24.09 / 04:55
markets
Aware
Platform
Enterprise
country
information
reports
Stonepeak fourth shortlisted bidder to buy O2 Power in $1 billion deal
Subscribe to enjoy similar stories. New Delhi: New York-based alternative investment firm Stonepeak has emerged as the fourth shortlisted bidder to submit a binding offer to buy O2 Power, a renewable energy platform in India. The deal, which may rank among the largest green energy transactions in the country, is expected to have an equity value of around $1 billion and an enterprise value around $2.3 billion, said two people aware of the development.
24.09 / 03:55
Cooper
Fighting
security
testing
prevention
peace
International
The Quad has served Beijing a veiled notice on the Indo-Pacific
Subscribe to enjoy similar stories. The latest summit of the four-nation Quad, which brought together the leaders of Australia, India, Japan and the US, ended over the weekend with agreements to extend cooperation in areas varying from fighting cervical cancer and ensuring cybersecurity to joint development of port infrastructure in the Indo-Pacific, the creation of an air-logistics network and a group effort to keep chip supplies secure. This reflects a broad agenda, with the well-being of the region’s people at its heart.
23.09 / 18:23
Provident
Cooper
Action
WhatsApp
peace
International
FCRA licence of International Cooperative Alliance cancelled
Union home ministry has cancelled the FCRA (Foreign Contribution Registration Act) licence of International Cooperatives Alliance (ICA) for its alleged violation of rules, ET has learnt. ICA is the apex body representing cooperatives worldwide and provides knowledge, expertise and coordinated action in the field. Founded in 1895, ICA is one of the oldest non-governmental organisations and has over 1 billion members. An email query sent to ICA's New Delhi chapter remained unanswered till the press time. Also, the NGO did not respond to repeated calls and messages. ICA is planning to hold a global conference in New Delhi for the first time in November this year. It will bring cooperatives from around the world and explore their role in creating a collective, peaceful and prosperous future for all, according to ICA's website.
23.09 / 14:19
23.09 / 08:21
markets
UPS
Digital
Research
wellness
electronic
Features
Festive season a boost for second-hand electronics sellers, but buyers undecided
Subscribe to enjoy similar stories. Online sellers of refurbished electronics like Apple’s iPhones and Samsung laptops expect an uptick in business during this year’s festive season even as consumers face a quandary with new devices becoming more affordable and accessible.
23.09 / 02:51
markets
UPS
Action
Analysis
wellness
Trade
Cycling
Indian bond yields seen little changed with focus on domestic triggers
Federal Reserve started its rate easing cycle last week. The benchmark 10-year yield is likely to move between 6.75% and 6.78% on Monday, compared with its previous close of 6.7626%, a trader with a primary dealership said.
23.09 / 01:57
Cooper
Assurant
security
Bill
reports
Vaccines
orienteering
Mint Quick Edit | The Quad’s agenda and India’s preference
Subscribe to enjoy similar stories. At one time, it seemed as if the Quad grouping of India, Japan, Australia and the US, while focused on the cause of a free and open Indo-Pacific, was chiefly about containing China militarily, given Beijing’s thinly veiled ambition of establishing its influence over the region and possibly unsettling the US-led world order.
22.09 / 06:47
markets
Digital
Platform
Experts
exclusive
Investigations
Anti-trust case: CCI asks Amazon, Flipkart to share financials to decide penalty
Subscribe to enjoy similar stories. NEW DELHI : The Competition Commission of India (CCI) has asked Amazon Seller Services Pvt. Ltd and Flipkart Internet Pvt.
21.09 / 18:19
markets
Citi
Waves
Platform
Racing
Experts
RAI
Rapid growth of quick commerce fuels wave of 'enabler' tech startups
quick commerce (Qcomm) ecosystem, sparked by rapid growth of hyperlocal startups, coupled with the entry of new startups, established e-commerce firms, and new-age brands racing to shorten delivery times. Several early-stage venture firms are actively evaluating investment opportunities in this burgeoning space, ET has learnt. «There are obviously some overlaps with e-commerce, and hence, some existing enabling technologies can assist quick commerce; however, quick commerce sometimes requires its own enablements,» said Kunal Bahl, cofounder of Titan Capital and AceVector Group, which runs Snapdeal and Unicommerce.
21.09 / 11:19
markets
Digital
security
innovations
Schools
International
Indian educators to procure 1,000 AI-powered EdTech innovation
Indian educators will procure more than 1,000 AI-Powered EdTech innovations showcased at Didac India 2024 exhibition, according to a statement. The 14th edition of Didac India, an exhibition and conference focused on education and skilling resources, was organised by Messe Stuttgart India from September 18 to 20 at Yashobhoomi, New Delhi. The event witnessed the unveiling of a diverse array of futuristic solutions and resources with exhibitors from over 20 countries showcasing more than 5,000 Edtech products and innovations, the statement said. «Over 1000 cutting-edge AI products are going to be procured by Indian educators to transform India's education and skill sector,» it stated.
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