Centre deploys 580 CAPF companies for Amarnath Yatra

NEW DELHI: The Centre has ordered deployment of 580 companies, comprising about 42,000 on-ground personnel, of the Central Armed Police Forces (CAPFs) for the annual Amarnath Yatra in Jammu and Kashmir, official sources said on Thursday. While 424 companies are being sent to the Union Territory (UT), the rest, including about 80 companies that moved […]

PayPal receives RBI nod to operate as  cross-border payment aggregator

NEW DELHI,:  PayPal Payments Pvt Ltd (PayPal), the Indian subsidiary of PayPal Holdings Inc, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator–Cross Border–Exports (PA-CB-E).   This marks a key milestone in PayPal’s operations in India and its continued support for Indian small businesses, enabling secure cross-border […]

Juniper Green Energy  turns public in run-up to IPO

 NEW DELHI:  In preparation for its initial public offering (IPO),  renewable power producer Juniper Green Energy has transitioned from a private entity into a public company.   The entity has been renamed from Juniper Green Energy Pvt Ltd to Juniper Green Energy Ltd, data with the Ministry of Corporate Affairs showed. The move has paved […]

Agritech startup GROWiT raises USD 3 mn  in funding round led by GVFL

 MUMBAI,:  Agritech startup GROWiT India on Wednesday said it has raised USD 3 million in a funding round led by GVFL.   The Series A funding round also saw participation from Veloce Opportunities Fund, JITO, We Founder Circle, Sunicon Ventures Fund, Progrowth Ventures and Hyderabad Angels, the company said in a statement. The funds raised […]

BlackSoil supply chain finance business  doubles to Rs 350 cr in FY25

 MUMBAI,:  Alternative credit platform BlackSoil on Wednesday said its supply chain finance business nearly doubled its book to Rs 350 crore in 2024-25.   The company has supported 98 companies and deployed over Rs 2,470 crore in cumulative capital driven by agriculture and fintech sectors, BlackSoil said in a statement. The company’s assets under management […]

ACME Solar commissions 1st phase of  26.4-MW wind energy project in Gujarat

 NEW DELHI,:  ACME Solar Holdings on Wednesday said it has commissioned the first phase of 26.4 MW of its maiden 50 MW wind power project in Shapar, Gujarat.   With this, the company’s total operational capacity has increased to 2,731.4 MW from 2,705 MW earlier, it said in a statement. The current commissioning of 26.4 […]

European companies cut costs, scale back investments in China as its economy slows

BEIJING,: European companies are cutting costs and scaling back investment plans in China as its economy slows and fierce competition drives down prices, according to an annual survey released Wednesday. Their challenges reflect broader ones faced by a Chinese economy hobbled by a prolonged real estate crisis that has hurt consumer spending. Beijing also faces […]

Performance of uncapped players instrumental to our success: Ricky Ponting

MULLANPUR: Ricky Ponting, who is getting major credits for Punjab Kings’ massive turnaround in the IPL after years of disappointment, feels their radical auction strategy and the performance of uncapped players allowed him to execute his coaching philosophy of playing “differently” this season. Punjab Kings are in their first play-offs since 2014 but considering his […]

CM Omar’s meetings at Pahalgam, Gulmarg aimed to dispel fear: NC provincial president

JAMMU: Jammu and Kashmir National Conference (NC) provincial president Rattan Lal Gupta on Thursday urged people, particularly tourists across the country, to come to Jammu and Kashmir in large numbers, and asserted that there is nothing to fear now. He said that Chief Minister Omar Abdullah organised government meetings at Pahalgam and Gulmarg—popular tourist destinations—to […]