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Toyota unit funds Japanese startup for ‘flying minitruck’ drone.

Nidhi Mishra -
Jtekt, a supplier affiliated with Toyota Motor, has announced funding for a venture developing a drone capable of transporting cargo to hard-to-reach areas and...
Business

Internet snapped in Manipur for five days post violence in tribal protests.

Nidhi Mishra -
Officials have informed that internet services have been suspended for five days in Manipur due to tension over the move to protect forests in...
Bank

WTO ruling against India in tech tariffs dispute with European Union

Nidhi Mishra -
A senior Indian official has stated that India will retaliate against the European Union (EU) if the trade bloc invokes its domestic law to...
Business

Supreme Court paves the way for the tribunal to act against IL&FS auditors.

Nidhi Mishra -
On Wednesday, the Supreme Court (SC) set aside the Bombay High Court (HC) order to quash all prosecution against BSR; Associates, LLC (BSR) —...
Business

After Ola, three others repay customers for an ‘off-board charger.’

Nidhi Mishra -
Four electric two-wheeler manufacturers in India, Ola Electric, Ather Energy, TVS, and Hero MotoCorp's Vida, have agreed to reimburse customers for paying for "off-board...
Bank

Pratt & Whitney’s engine woes cost Go Air 47 years of flying time.

Nidhi Mishra -
Faults with engines supplied by Pratt & Whitney forced Go Airlines India Ltd., a budget carrier, to keep its brand-new Airbus SE jets on...
Bank

US Fed decides unanimously to hike key benchmark rates by 25 bps.

Nidhi Mishra -
On Wednesday, the US Federal Reserve raised interest rates by 25 basis points (25 bps) or 0.25 percent as widely expected and hinted that...
Bank

Indian-origin Ajay Banga confirmed as next president of World Bank.

Nidhi Mishra -
On Wednesday, the World Bank’s board of governors elected former Mastercard CEO Ajay Banga as president for a five-year term. Banga, an Indian-born finance...
Bank

‘Tough times’: Go First staff, hopes airline survives, scouts for options

Nidhi Mishra -
Go First’s employees, who have faced financial challenges during the pandemic, hope the government will help the airline fly out of the crisis. The...
Business

Godrej Properties sees a 15% rise in FY24 bookings value after the Q4 profit jump.

Nidhi Mishra -
Godrej Properties Ltd, an Indian real estate developer, reported a 58.2% jump in fourth-quarter profit on Wednesday and said it expects to increase its...
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