Goldman Sachs commits $10M more to support COVID-19 relief efforts in India

Global financial services giant Goldman Sachs on Thursday announced an additional $10 million in support to help India fight the second surge in COVID-19 infections and deaths.The US-headquartered firm will…

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COVID-19 pandemic laid threadbare issue of digital divide: Ravi Shankar Prasad

The COVID-19 pandemic has laid bare the issue of the digital divide and recast the world's view of digital access as a critical component to an equitable society, according to…

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CCI approves Tata Digital’s acquisition of a majority stake in Bigbasket

The Competition Commission of India (CCI) on Wednesday has approved the Tata Group’s acquisition of a majority stake in online grocery delivery company – Bigbasket.“CCI approves acquisition by Tata Digital…

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Niti Aayog suggests government to provide incentives on EV purchase apart from subsidy under FAME-II

Government think tank Niti Aayog has said the government should provide incentives on electric vehicle (EV) purchase over and above the existing subsidy under the Faster Adoption and Manufacturing of…

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India became the fastest growing app market in the world in 2020, reveals Adjust’s new report

India took the spot of the fastest growing app market in the world during 2020, according to Adjust, an app marketing analytics platform.Education was the fastest-growing app category in India…

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RattanIndia acquires substantial stake in EV 2-wheeler firm Revolt Intellicorp for Rs 150Cr

RattanIndia Enterprises on Wednesday said it has acquired a substantial stake in EV two-wheeler maker Revolt Intellicorp for Rs 150 crore to foray into the fast-expanding electric vehicle business.As part…

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FinMin relaxes COVID-relief material import norms for Indian Red Cross

The Finance Ministry has waived permissions required from any government departments for customs clearance of COVID-related relief material imported by the Indian Red Cross Society.In instruction to field offices, the…

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Indiamart acquires stake in Shipway Technology, Truckhall for about Rs 20 Cr

B2B ecommerce firm Indiamart on Wednesday acquired stake in two companies, Shipway Technology and Truckhall, for about Rs 20 crore to strengthen its technology offering in logistics management, according to…

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UN agencies procuring 7,000 oxygen concentrators, COVID-19 testing machines, PPEs for India: UN spokesperson

The UN team in India is supporting the country's authorities to respond to the COVID-19 pandemic by providing critical supplies, and its agencies are procuring thousands of oxygen concentrators, oxygen…

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