ECONOMY
Company Affairs Ministry (MCA) has enforce a Price range 2024 announcement on extending the companies of The Centre for Processing Accelerated Company Exit (C-PACE) for voluntary closure of Restricted Legal responsibility Partnerships (LLPs). For this objective, the MCA has introduced amendments to the LLP Guidelines by Restricted Legal responsibility Partnership (modification) Guidelines 2024. The newest … Read more
Air India and IndiGo cancelled scheduled flights to and from Dhaka with speedy impact on Monday because of the rising scenario within the wake of Bangladesh Prime Minister Sheikh Hasina resigning amid unprecedented anti-government protests. A Vistara official stated the airline has cancelled its flights to Dhaka for Tuesday. The airline operated the flight from … Read more
CMS Information Techniques has secured a groundbreaking mandate to remodel financial institution department surveillance for a significant Mumbai-headquartered public sector financial institution, protecting almost 2,000 buyer touchpoints, a prime official mentioned. The corporate will deploy predictive learning-led e-surveillance and AIoT automation options on non-public cloud infrastructure, implementing the mission as a ‘Construct & Function’ mannequin … Read more
The Bangalore Chamber of Trade and Commerce (BCIC) has introduced new workplace bearers for 2024-25. Vineet Verma, Director, of Brigade Hospitality and Managing Director of World Commerce Heart might be taking on as the brand new president. Prashant Gokhale, Managing Director, Buhler India Personal Restricted is elevated to Senior Vice President. BCIC will announce the … Read more
The federal government has no proposal to enact a regulation to control the transaction of crypto property, the Finance Ministry knowledgeable the Lok Sabha on Monday. “At the moment, there is no such thing as a proposal to deliver laws for regulating the gross sales and buy of digital digital property within the nation,” Minister … Read more
AeroGCS, a drone floor management station software program by the drone-tech firm PDRL, is within the means of taking on agricultural spraying on round 3 crore acres of land. A media assertion stated round 3 crore acres of spraying operations are to be carried out utilizing AeroGCS GREEN and AeroGCS Enterprise. It stated AeroGCS GREEN … Read more
Agri-processing platform Agrizy introduced Monday that it has raised $9.8 million (₹82 crores) in Sequence A funding. The spherical was co-led by Accion and Omnivore, with participation from Capria Ventures, Thai Wah Ventures, and current investor Ankur Capital. India’s $400 billion agri-processing market, although rising 9 per cent yearly, faces a bottleneck as solely 10 … Read more
MatchLog, a digital container logistics optimization platform backed by the Kamath brothers of Zerodha fame, plans to onboard practically 50,000 transporters over the following two years, in response to Dhruv Taneja, the Founder, CEO, MatchLog. The corporate goals to realize profitability by December 2024. MatchLog has beforehand onboarded 5,000 transporters working 100,000 trailers over the … Read more
Indian Railways now has a ‘freight drawback’ — Finances paperwork present that the expansion of its key income supply, freight volumes, is slower than anticipated, within the low single digits somewhat than the anticipated excessive single digits. Additionally learn: Rail Finances’s capex increase welcome, however issues stay At ₹1.8 lakh crore, the anticipated freight earnings … Read more
Andhra Pradesh is dashing up ongoing airport and port initiatives, and finalising a slew of latest proposals for the reason that formation of the NDA authorities within the State. For the upcoming greenfield worldwide airport at Bhogapuram, executed by the GMR group, Union Civil Aviation Minister Okay Ram Mohan Naidu, a Member of Parliament from … Read more