India has approved the three new insurers after Russian National Reinsurance Company (RNRC) provided a financial guarantee, the two sources with direct knowledge of matter said ..read more

This exponential rise in the share of unspent money is despite the fact that the scheme remained suspended for nearly 18 months during Covid ..read more

India remains "one of the world's most challenging" major economies with respect to the protection and enforcement of intellectual property (IP), the Biden Administration said on Thursday as it placed the country on the Priority Watch List on its 2024 Special 301 Report. India along with Argentina, Chile, China, Indonesia, Russia and Venezuela have been placed on the 2024 Special 301 Report on the adequacy and effectiveness of US trading partners' protection and enforcement of intellectual property (IP) rights released by the US Trade Representative. These countries will be the subject of part ..read more

The BJP and its allies won 62 of the 87 seats in 2019 ..read more

The country saw the creation of two unicorns - companies valued at over $1 billion - during the quarter, namely Ola Krutrim and fintech Software as a Service (SaaS) firm Perfios ..read more

Industry body ICEA has recommended various measures, including encouraging large Indian corporates to invest in semiconductor design and treating chip design and manufacturing as a strategic sector, to place India at the forefront of semiconductor product design and IP creation. India Cellular and Electronics Association (ICEA), in its latest report, also recommended that India should establish an exclusive market exchange for electronics and hi-tech industry. This would drive growth and innovation across the industry, while also creating capacities to become a global hub for electronics and s ..read more

Edelweiss Alternatives on Thursday said a fund managed by it has acquired Bengaluru's MMTP Projects for Rs 1,500 crore. The company owns an asset of 1.1 million square feet of gross leasable area in MFAR Manyata Tech Park, Bengaluru, and the acquisition has been done by Rental Yield Plus Fund, as per a statement. The park houses office spaces for companies from various sectors like manufacturing, BFSI, lifestyle, consumer goods, auto, technology, flex space, and consulting. The assets for the fund have surged to over Rs 2,500 crore with the recently completed acquisition, it said, adding that ..read more

IPO of heating equ­ip­ment maker JNK India received 28.07 times subscription on the closing day of bidding ..read more

RBI barred Kotak Mahindra Bank from onboarding any new customers through its online and mobile banking channels and also prohibited it from issuing fresh credit cards ..read more

Some US universities called in police to break up demonstrations against the Israel-Hamas war, resulting in ugly scuffles and dozens of arrests, while others appeared content to wait out student protests Thursday, as the final days of the semester ticked down and graduation ceremonies loomed. At Emerson College in Boston, 108 people were arrested at an encampment overnight and four police officers suffered injuries that were not life-threatening, Boston police said. Those arrested were expected to appear Thursday in Boston Municipal Court. Another 93 people were arrested Wednesday night during ..read more