Sachin Tendulkar joins Spinny as strategic investor, lead brand endorser

Spinny, however, did not disclose the amount of investment by Sachin Tendulkar in the company.

Sachin Tendulkar joins Spinny as strategic investor, lead brand endorser

Spinny, however, did not disclose the amount of investment by Sachin Tendulkar in the company.

Aditya Birla Fashion Retail to take over Reebok’s operations in India

Aditya Birla Fashion Retail on December 14 announced that it will take over Reebok’s operations in India.

Adani Green Energy inks pact with SECI to supply 4,667 MW renewable energy

The AGEL-SECI agreement to supply 4,667 MW is part of a manufacturing-linked solar tender of 8,000 MW awarded to AGEL by SECI in June 2020, which set a record for being the world#39;s largest solar development tender ever awarded

Adani Green Energy inks pact with SECI to supply 4,667 MW renewable energy

The AGEL-SECI agreement to supply 4,667 MW is part of a manufacturing-linked solar tender of 8,000 MW awarded to AGEL by SECI in June 2020, which set a record for being the world#39;s largest solar development tender ever awarded

Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers

MC Insider: Crypto mania, investor gone quiet, deal buzz, talent flight and more

Hush-hush tales from the world of stock markets, banking, corporate world and corridors of power

MC Insider: Crypto mania, investor gone quiet, deal buzz, talent flight and more

Hush-hush tales from the world of stock markets, banking, corporate world and corridors of power

Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers

Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers

Global chip shortage to continue till second half of 2022 : Samsung

TM Roh, President of Samsung Mobile, addressed the issue during a meeting with senior executives and executives from over 30 of its major smartphone component suppliers.

Global chip shortage to continue till second half of 2022 : Samsung

TM Roh, President of Samsung Mobile, addressed the issue during a meeting with senior executives and executives from over 30 of its major smartphone component suppliers.

India#39;s forex reserves decline $1.783 billion to $635.905 billion

In the previous week, the reserves had slid by $2.713 million to $637.687 billion.

Apollo TeleHealth globally becomes first to get ISO 13131:2021 certification

A press release from the Apollo Hospitals Group said on Friday that the certification provides direction with a focus on the quality and risk management methods required to define guidelines for distinct remote health and care services and it belongs to a class of standards that provides flexible, general guidelines that support innovation in healthcare.

Apollo TeleHealth globally becomes first to get ISO certification from BSI

A press release from the Apollo Hospitals Group said on Friday that the certification provides direction with a focus on the quality and risk management methods required to define guidelines for distinct remote health and care services and it belongs to a class of standards that provides flexible, general guidelines that support innovation in healthcare.

Multiple agencies, myriad laws, copious documentation: Why a National Logistics Policy is critical to boost exportsÂ

Since 2019, the government has been discussing a national policy that would ease logistics bottlenecks through a coordinated response. But the policy has not been announced until now. A parliamentary panel has now questioned the ministry over the inordinate delay and sought an action-taken report 

Passenger vehicles sales dip 19% in November as chip shortage woes continue: SIAM

The passenger vehicle (PV) dispatches last month stood at 2,15,626 units, down 19 per cent from 2,64,898 units in November 2020.

Passenger vehicles sales dip 19% in November as chip shortage woes continue: SIAM

The passenger vehicle (PV) dispatches last month stood at 2,15,626 units, down 19 per cent from 2,64,898 units in November 2020.

Imports made up 86% of India’s gold supply from 2016-2020, says WGC

According to a World Gold Council report, bullion banking is one of the key pillars to address multiple challenges faced by India’s gold market, such as a lack of quality assurance, the unorganised state of the market and a lack of trust in international markets 

SEBI mulls regulatory framework for algo trading by retail investors

In market parlance, algo trading refers to any order that is generated using automated execution logic.

Dr Reddy#39;s Laboratories seeks DCGI#39;s nod for phase-3 trial of Sputnik Light as booster dose

Stating the Sputnik Light is the Component 1 of the Gam-COVID-Vac Combined Vector Vaccine (Sputnik V), P Madhavi, the Director-Regulatory Affairs at Dr Reddy’s Laboratories, proposed to use batches of the vaccine manufactured at Hetero Biopharma Limited, Telangana, and at its loan license facility at Shilpa Biologicals Private Limited in Karnataka for the phase-3 trial.

New US jobless claims again drop to 1969 levels

The Labor Department said 184,000 new seasonally adjusted claims for jobless aid were made last week, much less than expected and 43,000 less than the previous week#39;s level.

Indian economy likely to grow 9% next fiscal: Credit Suisse

For the current financial year, the brokerage anticipates growth to be higher than the consensus forecast of 8.4-9.5 percent, and printing in at around 10.5 percent.

Don#39;t foresee any coal shortage till March 22: Coal India Chief

Coal India chairman Pramod Agrawal said the last quarter saw "high" output, and issues related to the production of Central Coalfields Ltd and Bharat Coking Coal Ltd are also getting resolved.

BHARAT Bond ETF series III: Collections cross Rs 6,200 cr, #39;overwhelming response#39;, says Edelweiss MF MD

The new fund offer, which opened on December 3, recorded an oversubscription of 6.2 times against the base issue size of Rs 1,000 crore.

Asian Development Bank approves Rs 2,645-crore loan to improve urban services in India

The loan supports the policies established by the Ministry of Housing and Urban Affairs to accelerate universal coverage of piped water supply and improved sanitation, Asian Development Bank said in a release.

Collective progress of all nations to ensure sustainable inclusive recovery: FM Nirmala Sitharaman

While participating virtually at G20 International Seminar hosted in Bali by the G20 Presidency of Indonesia, the finance minister stressed on the critical role of multilateralism and collective action in achieving the goal of global recovery, according to an official release.

Treat crypto or digital tokens as securities of special class: CII

Centralised exchanges and custody providers that may be established in India, must be required to register with SEBI and to adhere to KYC and AML compliance requirements that apply to financial markets intermediaries, it said, adding they should be held legally accountable and liable for the safekeeping of the crypto/digital tokens held by participants in digital wallets offered by them.

Treat crypto or digital tokens as securities of special class: CII

Centralised exchanges and custody providers that may be established in India, must be required to register with SEBI and to adhere to KYC and AML compliance requirements that apply to financial markets intermediaries, it said, adding they should be held legally accountable and liable for the safekeeping of the crypto/digital tokens held by participants in digital wallets offered by them.

Telecom industry seeks spectrum at reasonable prices, rationalisation of taxes: Vodafone Idea CEO Ravinder Takkar

VIL Managing Director and CEO Ravinder Takkar while speaking at India Mobile Congress said recent reforms announced by the government are steps towards addressing financial stress and legacy issues in the sector.

Italy fines Amazon record $1.3 billion for abuse of market dominance

Amazon said it "strongly disagreed" with the Italian regulator’s decision and would appeal.

Investors#39; wealth surges over Rs 3.96 lakh crore as market rally continues

The 30-share Sensex soared 1,016.03 points or 1.76 per cent to close at 58,649.68 and all the constituent stocks, except for two, closed in the green.

Steps to ease of doing business, banking sector support will enhance telecom industry#39;s strength: Kumar Mangalam Birla

Speaking at the India Mobile Congress event, Kumar Mangalam Birla promised that Vodafone Idea Ltd (VIL) will be a "committed partner" as India makes rapid strides to achieve the vision of a trillion-dollar digital economy.

Steps to ease of doing business, banking sector support will enhance telecom industry#39;s strength: Kumar Mangalam Birla

Speaking at the India Mobile Congress event, Kumar Mangalam Birla promised that Vodafone Idea Ltd (VIL) will be a "committed partner" as India makes rapid strides to achieve the vision of a trillion-dollar digital economy.

Meta to skill 1 crore small businesses, 2.5 lakh creators in India

Spanning 1.3 lakh sq ft, this is Meta’s first standalone office facility in Asia.

Byju#39;s acquires Austria#39;s GeoGebra

The acquisition will help the homegrown edtech company – which has 115 million students on its learning platform – integrate GeoGebra’s capabilities to enable the creation of new product offerings and learning formats to its existing mathematics portfolio, a statement said.

Simple Energy to invest Rs 2,500 crore to set up EV manufacturing facility in Tamil Nadu

The proposed facility, spread in 600 acres of land, would be the company’s second such production unit and is expected to be functional by 2023, the Bengaluru-based company said in a release.

Simple Energy to invest Rs 2,500 crore to set up EV manufacturing facility in Tamil Nadu

The proposed facility, spread in 600 acres of land, would be the company’s second such production unit and is expected to be functional by 2023, the Bengaluru-based company said in a release.

Airtel inks deal with Juniper Networks to expand broadband network coverage

Airtel has expanded its Fibre-to-the-Home broadband coverage to over 430 towns with plans of covering 30 million households in over 2,000 cities in the next three years.

Volkswagen secures raw materials as part of $34 billion battery push

At the core of the three agreements, which are part of VW’s 30 billion euro ($34 billion) plan to build battery plants and procure materials, lies a planned joint venture with Belgian chemicals and recycling company Umicore.

ABB India to deploy next-gen digital tech for power supply in Indore

In the first phase of the collaboration, this technology enabled more than 2,300 connections to achieve 24/7 electricity supply with an efficient automatic response system (ARS) in case of power outages or disruption, ABB India said in a statement.

Meta to skill 1 crore small businesses, 2,50,000 creators in India

CFINE is housed in one of Meta’s largest offices in Asia that has been set up in the city. The new office will house various teams from Facebook, Instagram and WhatsApp.

Regulatory regime needs to be simple to avoid fresh litigations: Sunil Mittal

Addressing the India Mobile Congress event, Mittal noted that a lot of litigations remain in the telecom sector and added that new cases must be avoided.

COVID-hit small businesses worried about impact of possible third wave

Uncertainty about the latest variant of the coronavirus has small businesses worried about lockdowns and the impact on their ability to compete in the export market and repay loans.

Citroen to hike C5 Aircross SUV price by up to 3% from January

The effective price increase will be up to 3 per cent on the existing ex-showroom prices of the Feel and Shine variants of the model, the automaker said in a statement.

Volkswagen launches new Tiguan UV tagged at Rs 31.99 lakh

The company at the launch event here on also announced the opening of bookings from Tuesday with deliveries expected to commence from mid-January next year.

Volkswagen launches new Tiguan UV tagged at Rs 31.99 lakh

The company at the launch event here on also announced the opening of bookings from Tuesday with deliveries expected to commence from mid-January next year.

Spinny becomes 42nd unicorn of 2021, raises $283m from ADQ, Tiger Global others

The round saw investments from Abu Dhabi’s ADQ, existing backers Tiger Global Management and Avenir Growth, and Feroz Dewan’s Arena Holdings and Think Investments, valuing Spinny at $1.8 billion

Welspun One Logistics Parks acquires 40 acres of land to set up warehouse in Bengaluru

This is the first of six projects as part of the memorandum of understanding (MoU) that Welspun One recently has signed with the Tamil Nadu government’s nodal agency to set up warehousing facilities across the region, WOLP said.

P2P lending firm LenDenClub raises $10 million from Kunal Shah, Hardik Pandya othersÂ

Other investors in the round include Tuscan Ventures, Ohm Stock Brokers, Artha Venture Fund, Policybazaar co-founder Alok Bansal, Livspace co-founder Ramakant Sharma and GVK Infra board member Krishna Bhupal