Marut Drones secures USD 6.2 mn in Series A Funding
Hyderabad,: Marut Dronetech pvt ltd, a leading drone technology company with DGCA certification for manufacturing and training, has raised USD 6.2 million (Rs 55 crore) in Series A funding from Lok Capital. A press release from the city-based firm said Lok Capital’s investment in Marut Drones reaffirms its commitment to backing innovative tech-enabled food and […]
Vasant Masala enters a new era with Anil Kapoor as brand new, unveiling new logo and identity
AHMEDABAD, /PRNewswire/ — Vasant Masala, a prominent name in the spices industry for over 54 years, is proud to unveil Bollywood icon Anil Kapoor as its new brand ambassador, alongside their new positioning: ‘Pyaar Toh Hona Hi Tha.’ The tagline encapsulates how Vasant Masala enhances the flavours of every dish, creating meals that not only […]
Sensex, Nifty climb in early trade on buying in IT stocks
Mumbai: Equity benchmark indices Sensex and Nifty ticked higher in initial trade on Wednesday led by buying in IT stocks and a rally in the US markets. The BSE Sensex climbed 338.1 points to 79,814.73 in early trade. The NSE Nifty jumped 101.5 points to 24,314.80. From the 30-share Sensex pack, HCL Technologies, Sun Pharma, […]
Rupee falls 14 paise to all-time low of 84.23 against US dollar in early trade
Mumbai: The rupee fell 14 paise to an all-time low of 84.23 against the US dollar in early trade on Wednesday, dragged down by persistent foreign fund outflows and the strength of the American currency in the overseas market. Forex traders said with the US election underway, markets are already showing signs of volatility — […]
Akasa Air posts Rs 1,670 crore loss in FY24; CFO says performance will be better this fiscal
New Delhi: Akasa Air saw its loss widen to Rs 1,670.06 crore in the financial year ended March 2024 even as the airline’s total income jumped to Rs 3,144.38 crore during the same period. The airline, which has been flying for over two years, had a loss after tax of Rs 744.53 crore in 2022-23, […]
Naidu suggests network of 50 helicopter emergency medical services units along national highways
New Delhi: Civil aviation minister K Rammohan Naidu on Tuesday proposed developing a network of more than 50 helicopter emergency medical services units along national highways and expressways. At a conference in the national capital, the minister also mentioned about setting up a helicopter accelerator cell within the civil aviation ministry for addressing the regulatory […]
Pralhad Joshi calls for increasing solar projects efficiency, developing storage solutions
New Delhi: Union Minister Pralhad Joshi on Tuesday stressed increasing the efficiency of solar projects, reducing cost and developing energy storage solutions. Addressing a conference of the International Solar Alliance, Joshi urged stakeholders to focus on integration with smart technologies and noted that the growth of the solar industry would boost economic development. Joshi who […]
Big industry needs to take plunge in space sector: ISRO chief Somanath
New Delhi: ISRO chairman S Somanath on Tuesday urged industry houses to invest in the space sector in a big way to build rockets and allied systems for India to emerge as a space power by 2047. Addressing the Indian Space Conclave here, Somanath voiced concern over the “elusive” investments in the upstream sector of […]
Tax officers detect Rs 25K cr GST evasion by 18,000 bogus firms
New Delhi: Tax officers have detected about 18,000 fake companies registered under GST which have been involved in tax evasion of about Rs 25,000 crore, an official said. In the recently concluded all-India drive against fake companies, GST officers had identified 73,000 companies which they suspected of being set up only to avail of input […]
Tenders floated to buy organic cow dung at Rs 3 per kg in Himachal
Shimla: Tenders have been floated for buying organic cow dung at Rs 3 per kg, and the successful bidders will also provide bags, transportation and stocking facilities, State Agriculture Minister Chander Kumar said on Tuesday. With a thrust on organic farming, hi-tech techniques will be used in agriculture to increase farmers’ income, he said, adding […]
