Car insurance is vital for every car owner, not just due to the requirement by law but also for financial protection in case of accidents and other unforeseen damages. Selecting the right…
Category: Business
Hike in bank, credit card charges from May 1 | Changes in KYC noms from May 1
Major banks in India have announced changes in charges related to savings bank accounts and credit cards from May 1, 2024. ICICI BankNew service charges will come into force for savings account…
Automotive software major KPIT Tech eyes biggest headcount growth from Kerala
Kochi: Pune-based KPIT Technologies, an automotive and mobility technology major, is expecting its biggest headcount growth from Kerala in the coming years. The company which developed the fuel technology for India’s first…
Welke garantie wordt er geboden bij Zonnepanelen Brabant?
bij Zonnepanelen Brabant Wanneer u kiest voor Zonnepanelen Brabant is het belangrijk om te weten welke garantie er geboden wordt. Afhankelijk van de fabrikant kunnen de garanties variëren van 10 tot 25…
Kochi startup FlexiCloud wins strategic investment from Ramoji Group
Kochi: FlexiCloud Internet Pvt Ltd, a Kochi-based startup, has won a strategic investment from Ushodaya Enterprises Pvt Ltd, the holding company of the Ramoji Group. The initiative is part of Ushodaya’s expansion…
RBI bars Kotak Bank from onboarding customers online, issuing fresh credit cards
Mumbai: Cracking down on repeated non-compliance of IT norms, the Reserve Bank of India on Wednesday barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels and…
Giottus, Veriscope join hands to augment crypto travel rule compliance | Business
Bengaluru: Giottus, one of India’s top crypto investment platforms, has announced its partnership with Shyft Veriscope to ensure FATF Travel Rule compliance. This strategic partnership underscores Giottus’ unwavering commitment to compliance, anti-money…
Aster DM Healthcare declares Rs 118 special dividend, shares zooms 7.50%
Shares in hospitality chain Aster DM Healthcare on Monday zoomed over 7.50 per cent after the company’s board approved a dividend of Rs 118 per share on account of the receipt of…
Byju’s founder to take over firm’s daily operations after CEO quits
New Delhi: Byju Raveendran, the founder of the edtech company Think and Learn, which owns the Byju’s brand, will handle the firm’s day-to-day operations following the resignation of CEO Arjun Mohan, the…
5-year-old girl raped, mudered at construction site in Goa
Panaji: A 5-year-old girl was found raped and murdered at a construction site in Vasco in south Goa on Friday morning, following which 20 suspects were rounded up for questioning, a senior…
Gold prices continue at record-high; Rs 52,520 per sovereign in Kerala
Kochi: Gold prices maintained their upward trajectory on Monday after reaching unprecedented levels in March. The price of 22 carat gold increased by Rs 30 to Rs 6,565 per gram and rose…
Pro-rata provision was not intended for high PF pension, here is the proof
Kozhikode: The Employees’ Provident Fund Organisation (EPFO) allowed higher pensions without applying the pro-rata method of calculation till last year, though it claimed that there was no separate formula in the pension…
RBI retains repo rate at 6.5 pc for 7th consecutive time
Mumbai: The Reserve Bank of India on Friday decided to keep the policy rate unchanged for the seventh time in a row and said that it remains vigilant towards upside risks to…
Sara George Muthoot makes history as first Kerala woman included in Forbes World’s Billionaires list
Dubai: A Malayali woman has been included in the Forbes list of billionaires for the first time. As many as 12 Malayalis, including Sara George Muthoot, have found space in Forbes World’s…
DGCA seeks daily report from Vistara on flights cancellations
New Delhi/ Mumbai: Aviation watchdog Directorate General of Civil Aviation (DGCA) has asked Vistara to submit a daily report on flight cancellations and delays, and the situation is also being monitored by…
30 crore beneficiary cards generated through the Ayushman Bharat Health Insurance (PMJAY) Scheme
Ayushman Bharat Health Insurance is a scheme launched in September 2018 by the Government of India to offer healthcare to millions of Indians, who cannot afford the expensive healthcare costs. The scheme…
A UP man’s tryst with Kerala startup ecosystem and a growing ‘green’ business | Business News
Amid the exodus of Malayali youth in pursuit of employment and business opportunities to other parts of the world, two young brothers from Uttar Pradesh have set up a promising ‘green’ business…
Wonderla’s Arun Chittilappilly sees park industry riding high on growth of experience economy | Business
The amusement park industry is only going to thrive in the coming years as the ‘experience economy’ keeps growing all over the world, said Wonderla Holidays Ltd managing director Arun Chittilappilly. A…
Gold price hits all-time high of Rs 50,400 in Kerala
Kochi: For the first time in history, gold prices crossed Rs 50,000 in Kerala amid strong trends in the international markets. On Friday, the price of the yellow metal rose by Rs…
Crypto exchange Giottus lists bitsCrunch on its platform | Onmanorama
Crypto currency exchange Giottus has listed bitsCrunch (BCUT) token on its trading platform. This will help crypto enthusiasts to access and trade BCUT tokens seamlessly.bitsCrunch is an AI-powered, decentralised NFT data platform…
Student start-up decks up colleague’s wedding venue with water-hyacinth-based creations
Alappuzha: Fashion and innovation intertwined beautifully as EichhoTech, a student startup associated with the SD College Alappuzha, showcased its creativity during a colleague’s wedding celebration in Alappuzha on Sunday. Lakshmi K Babu,…
Kan infrarood worden gebruikt in historische gebouwen?
worden gebruikt in historische gebouwen Een populair alternatief voor traditionele radiatoren en andere elektrische verwarmingsoplossingen zijn infraroodpanelen. Dit zijn grote panelen die straling uitzenden om de lucht, muren en andere oppervlakken in…
How a pandemic pivot led this Kerala startup to near $1 mln turnover
When US-based Malayali Ranjith Antony and his friends launched Perleybrook Labs, a startup based out of Palakkad, his hometown in Kerala, in 2013 their idea was to develop and sell a proactive…
What factors constitute Demat account charges? | Business News
IntroductionIn the era of digital finance, a Demat account has become a cornerstone for investors participating in the Indian securities market. It facilitates the holding of securities electronically, thereby simplifying the process…
Coffee price set for all-time high, Wayanad farmers jubilant | Business News
Wayanad: Coffee prices are shooting through the sky fetching an all-time high of Rs 180 for 1 kg unprocessed dried cherry. The farmers in Wayanad (Kerala), The Nilgiris (Tamil Nadu), Coorg and…
Bitcoin halving: Simple investment strategies for everyone
The single largest narrative that is creating waves in the crypto industry is the upcoming Bitcoin (BTC) halving touted to happen in April 2024. The crypto market is seeing waves of flutter…
Preventing financial crimes in an AI-enabled market |Onmanorama
In a globalised and interconnected world, financial crimes pose a serious threat to companies, more so for those in the banking, financial services and insurance (BFSI) sector. Data shows that in 2002,…
Zomato rolls back green uniform for pure veg fleet amid controversy
New Delhi: Following an online backlash over the introduction of the ‘Pure Veg Mode’ service, Zomato CEO Deepinder Goyal stated on Wednesday that the food delivery platform is withdrawing the newly introduced…
TCS shares tank over 4% after Tata Sons sells stake in Rs 9,000-crore block deal
New Delhi: Shares of Tata Consultancy Services (TCS) plunged over 4 per cent as its promoter Tata Sons sold around 2.3 crore shares, or 0.65 per cent of equity stake, in the…
Don’t lose your sleep, this Kochi startup has a dream solution
Kochi: As the world observed Sleep Day on March 15, a startup based in Kerala’s Kochi has started its journey to a less-explored and almost mysterious terrain – disturbed sleep. SOLVEMyHealth, the…
Star India starts arbitration against Zee over cricket broadcasting deal | Business News
Bengaluru: Walt Disney-owned Star India has started arbitration proceedings against Zee Entertainment Enterprises for alleged non-compliance with the terms of a cricket broadcasting agreement, Zee said on Friday. Under the August, 2022,…
Paytm gets NPCI approval to continue service as third-party UPI app
Mumbai: The National Payments Corporation of India on Thursday granted approval to Paytm-owner One97 Communications Ltd to participate in UPI as a Third-Party Application Provider (TPAP) under the multi-bank model. Axis Bank,…
Centre cuts petrol, diesel prices by Rs 2 each, effective tomorrow
New Delhi: Petrol and diesel prices were cut by Rs 2 per litre each as state-owned oil companies ended a nearly two-year-long hiatus in rate revision, just hours before the general election…
PM Modi lays foundation stone for Rs27,000-cr semiconductor facility in Assam
Guwahati: Prime Minister Narendra Modi virtually laid the foundation stone for a Rs 27,000-crore semiconductor assembly and test facility in Assam’s Morigaon district on Wednesday. Chief Minister Himanta Biswa Sarma, who was…
Paytm FASTag customers must switch to alternative banks by Mar 15: NHAI
New Delhi: The National Highways Authority of India (NHAI) has advised Paytm FASTag users to obtain a new one from another bank before March 15 to ensure a smooth travel experience and…
KSRTC drops middlemen, doubles ad revenue to Rs 12 crore
Alappuzha: Pushed into survival mode, the Kerala State Road Transport Corporation (KSRTC) is slowly, but surely, plugging revenue loopholes. The corporation has doubled its advertisement revenue from an average of Rs 6…
European Free Trade Association to invest $100 billion over 15 years in India: Piyush Goyal
New Delhi: India will lift most import tariffs on industrial products from four European countries in return for investment of $100 billion over 15 years, Minister of Commerce and Industry Piyush Goyal…
In Kerala’s startup landscape, this young woman builds a ‘social town’
Kochi: In Kerala’s startup landscape, a young woman has created a ‘town’ of her own. Her investment is her passion to bring positive changes in society. The Social Town, a startup founded…
Sam Altman to return to OpenAI’s board along with 3 new directors
OpenAI Chief Executive Sam Altman will return to the ChatGPT-maker’s board along with three new directors, the world’s most prominent artificial intelligence company said on Friday. An investigation by law firm WilmerHale…
Popular Vehicles and Services to float IPO on Mar 12
New Delhi: Popular Vehicles and Services Ltd, which is engaged in automotive dealerships, is set to launch its Initial Public Offering (IPO) on March 12.The initial share sale will conclude on March…
EPFO’s pro-rata yardstick miff pensioners, low payouts received due to lack of clarity on calculation
Kozhikode: The payment order (PPO) received by pensioners after a long wait has caused much heartburn as they feel they have not received the expected sum due to the intervention of the…
Reliance Industries and Walt Disney announce $8.5 billion merger
Mumbai: In a significant move in India’s media and entertainment sector, billionaire Mukesh Ambani’s Reliance Industries and Walt Disney have declared their merger, forming a powerhouse valued at $8.5 billion. The collaboration…
Kochi-B’luru couple’s startup Nuvedo cashes in on mushroom’s healing powers
In mushrooms, they trust – Kochi native Jashid Hameed and his wife Prithvi Kini. It is this trust that sprouted from their personal experiences that led them to co-found Nuvedo, an agri-tech…
‘One Vehicle, One FASTag’ deadline extended to March end
New Delhi: The State-owned National Highways Authority of India (NHAI) has extended the compliance deadline for the ‘One Vehicle, One FASTag’ initiative to the end of March. The extension comes in response…
India’s GDP soars with 8.4% growth ahead of LS polls
New Delhi: India’s economy grew by better-than-expected 8.4 per cent in the final three months of 2023 – the fastest pace in one-and-half years, fortifying Prime Minister Narendra Modi’s record of providing…
Calculating the Maximum Allowable Strain for a Rigid Flex PCB
Maximum Allowable Strain for a Rigid Flex PCB PCBs are used in electronic devices to connect components and traces. These structures are often prone to mechanical strain during bending, and it is…
To reduce dependency, Paytm, Paytm Payments Bank to discontinue inter-company pacts
New Delhi: Amid RBI’s action on its associate firm, One 97 Communications on Friday said the board has approved the discontinuation of inter-company pacts with Paytm Payments Bank to reduce dependencies. The…
‘One Vehicle, One FASTag’ deadline to end today
New Delhi: The State-owned National Highways Authority of India (NHAI) is considering extending the compliance deadline for the ‘One Vehicle, One FASTag’ initiative to the end of March. This potential extension comes…
Accenture Song to acquire Mindcurv, data analytics firm co-founded by Malayali
Kochi: Global professional services company Accenture will acquire Mindcurv, a cloud-native digital experience and data analytics company, co-founded by Kochi native Amjad Liaquat. Founded in 2011, Mindcurv is one of the leading…
PM Modi launches India’s first hydrogen-powered ferry built at Cochin Shipyard
Kochi: India’s first indigenously developed and built hydrogen fuel cell ferry was inaugurated by Prime Minister Narendra Modi. The prime minister joined the ceremony in virtual mode from Thoothukudi. The inland waterway…
Byju’s’ investors allege $533 mn siphoned off, NCLT reserves order on rights issue
Bengaluru: Investors in Byju’s on Tuesday alleged that the edtech giant siphoned off $533 million in an obscure hedge fund in the US and sought a stay on a $200 million rights…
Paytm founder Vijay Shekhar Sharma steps down from board of payments bank
Bengaluru: Embattled digital payments firm Paytm said on Monday that Vijay Shekhar Sharma would step down as non-executive chairman and board member of its payments bank’s unit in a major overhaul following…
Kozhikode startup chargeMOD all charged up to clock Rs 10cr turnover
Kochi: Four engineering graduates decided to launch a company and their idea was to make an electric bike. Sounds like the typical startup story with stock settings and characters? This is a…
Byju’s shareholders vote for ousting CEO, family members from board
New Delhi: Majority of Byju’s shareholders on Friday voted unanimously for removing founder CEO Byju Raveendran and his family from the board over alleged “mismanagement and failures” at what was once India’s…
Asset Homes, Columbia Pacific Communities forge tie-up to launch luxury senior living projects in Kerala
Kochi: Leading Kerala-based real estate developer Asset Homes is venturing into the luxury senior living market in a bid to cash in on the state’s burgeoning senior citizen population. In a move…
Can Cable Railing Supplies Withstand Harsh Weather Conditions?
Can Cable Railing Supplies Withstand Harsh Weather Conditions? Cable railing systems have become increasingly popular in modern architecture and design due to their sleek appearance, durability, and minimalistic appeal. However, one crucial…
Wie man einen Neon-LED-Schild-Transformator erhält
Neon-LED-Schild-Transformator erhält Neon-LED-Schilder sind eine attraktive Möglichkeit, Aufmerksamkeit zu erregen und Atmosphäre zu schaffen. Aber um sicherzustellen, dass sie lange halten und gut aussehen, ist es wichtig, den Transformator richtig zu pflegen…
Kalandos nyaralás Madeirán
nyaralás Madeirán A lenyűgöző vulkanikus sziget, Madeira a világ legjobbjait kínálja – a napot, a tengert és a hegyeket egyszerre. Emiatt kiváló úti cél a szabadtéri kalandos nyaralók számára, akik az aktív…
Pro-rata scheme for employees, who opted for higher pension plan, sparks concerns
Kozhikode: Concerns have been raised over the Employees’ Provident Fund Organisation (EPFO)’s decision to implement a pro-rata (in proportion) system for higher pensions. In a recent e-mail to zonal offices, the EPFO…
Hit by startup fever, Kerala Ayurveda doctors launch platform for women’s healthcare
Kochi: Even doctors seem to be not immune to the startup fever that has gripped Kerala. A casual discussion on a WhatsApp group by the alumni of an Ayurveda medical college has…
RBI extends deadline for Paytm Payments Bank wind down to March 15
Mumbai: The RBI on Friday gave 15 days more till March 15, 2024, to Paytm Payments Bank Ltd (PPBL) to stop deposits, credit transactions or top-ups in any customer accounts, wallets, and…
SpiceJet submits joint bid to acquire bankrupt Go First
New Delhi: SpiceJet chief Ajay Singh along with Busy Bee Airways have put in a bid for bankrupt Go First as the budget carrier looks to strengthen its operations with more slots…
California lawmakers want stricter regulation of autonomous vehicles
California lawmakers, backed by labour unions, are demanding new legislation to prevent driverless trucks from operating without human drivers, following a series of concerning incidents with self-driving taxis by GM and Alphabet’s…
Building brand loyalty through effective communication
In today’s hyper-connected world, the cornerstone of any brand’s success is not just the quality of products or services it offers but the strength of the relationships it builds with customers. At…
Uralungal got maximum number of contracts during Oommen Chandy’s tenure: Chairman Ramesan Palery
The offshoot of Atma Vidya Sangham’s (AVS) fight against inequalities and financial exploitation was the denial of jobs by authorities. To tackle this issue head-on, AVS founder Vagbhadananda Guru established the Uralungal…
Union Budget 2024 | No change in direct, indirect taxes: FM Sitharaman | Union Budget 2024 Live | Interim Budget 2024
New Delhi: Finance Minister Nirmala Sitharaman on Thursday presented the Narendra Modi-led NDA government’s last Budget before the general elections. The Indian economy has witnessed a profound positive transformation in the last…
IVA: Experience is the biggest investment in this Kerala deep-tech startup
Amid all the youthfulness Kerala’s vibrant startup ecosystem exudes, a company helmed by a group of seasoned professionals has found a solid ground, making strong footprints in the all-challenging deep-tech industry. Incubated…
India Boat & Marine Show features trends in industry
Kochi: The sixth edition of the India Boat & Marine Show (IBMS), the country’s premier boating, marine and water sports industry-related expo, at the Bolgatty Palace Event Centre here has offered a…
11.8 cr farmers get PM-KISAN aid; Govt eyes boost in milk, dairy production: FM
New Delhi: Union Finance Minister Nirmala Sitharaman on Thursday said that as many as 11.8 crore farmers were provided financial assistance under the PM KISAN Yojana. The Pradhan Mantri Kisan Samman Nidhi…
India close to achieving target of 3 cr houses under rural housing scheme: FM
New Delhi: The country is close to achieving the target of 3 crore houses under the rural housing scheme and two crore more will be constructed in the next five years, Finance…
Railways to upgrade 40,000 normal bogies to Vande Bharat standards: FM
New Delhi: Union Finance Minister Nirmala Sitharaman on Thursday said that the government will convert 40,000 normal railway bogies to Vande Bharat standard. Three major railway corridors, including for cement, will be…
RBI retains repo rate at 6.5% for sixth consecutive time
Mumbai: The Reserve Bank of India on Thursday decided to keep policy rate unchanged for the sixth time in a row as it maintains a tight vigil on inflation. The rate increase…
Union Budget 2024 | Fiscal deficit pegged at 5.1% in FY25 from 5.8%: FM | Onmanorama News
New Delhi: Finance Minister Nirmala Sitharaman on Thursday said that the Indian economy has witnessed a profound positive transformation in the last 10 years. The finance minister expressed confidence that the revenue…
Govt to set up more medical colleges by utilising existing hospital infrastructure: FM | Interim Budget 2024
The government plans to set up more medical colleges by utilising existing hospital infrastructure and will set up a committee to examine the matter, Finance Minister Nirmala Sitharaman said while presenting the…
Transition from Goyal to Sitharaman? Comparison of 2 interim budgets, and India’s fate | Union Budget 2024 Live | Interim Budget 2024
Exactly five years ago on February 1, 2019, the then Union finance minister Piyush Goyal was not presumptuous enough to say that his government would return to deliver the full budget in…
SBI net profit declines 35% to Rs 9,164 crore in Q3
New Delhi: The country’s largest lender SBI on Saturday reported a 35 per cent fall in standalone net profit to Rs 9,164 crore for the December quarter.State Bank of India (SBI) had…
Balagopal’s fiscal conservatism could push Kerala into post-Covid recession
Kerala’s 2024-25 budget documents are littered with proof that K N Balagopal is proving to be one of the most conservative finance ministers Kerala had seen. The absolute antithesis of an adventurous…
Kerala Budget 2024 | What’s in it for startups?
Thiruvananthapuram: Along with tourism and IT, the state government has identified the startup ecosystem as the flag-bearers of New Kerala, a favourite phrase of the Pinarayi Vijayan-led Left regime. Finance Minister K…
What led to RBI crackdown on Paytm bank?
New Delhi: Money laundering concerns and questionable dealings of hundreds of crores of rupees between popular wallet Paytm and its lesser-known banking arm had led the Reserve Bank of India to clamp…
Kerala eyeing to make 10% contribution to country’s IT exports: CM Pinarayi
Kochi: Kerala is witnessing a sustained growth in Information Technology as reflected in the state’s rising software exports which totalled Rs 19,006 crore during 2022-23, Chief Minister Pinarayi Vijayan said here on…
Reliance Power Q3 net loss widens to Rs 1,136.75 cr on increased expenses
New Delhi: Reliance Power Ltd on Saturday reported widening of its consolidated net loss to Rs 1,136.75 crore during the quarter ended December 2023, due to increased expenses.It had posted a net…
Launched with Rs 50k, this Kerala waste management startup is set to hit Rs 1-cr turnover mark | Business News
Kochi: A final-year college student, who prepares for civil services exams, finding a passion in waste management and chasing it straight away might sound strange if not absurd. That is exactly how…
Union Budget 2024 | Govt to expand electric vehicle infra & promote e-buses: FM | Onmanorama News
New Delhi: The government will expand the electric vehicle ecosystem to support charging infra, and e-buses for public transport networks will be encouraged, Finance Minister Nirmala Sitharaman said on Thursday. Sitharaman, in…
Key takeaways for agro sector from interim budget
The latest interim budget unveiled by Finance Minister Nirmala Sitharaman has highlighted significant initiatives for India’s agriculture sector. Among the significant announcements was an emphasis on value addition through food processing, a…
Interim Budget 2024 | With credible figures and confidence, the FM plays it cool
Supreme self-confidence. That was the hallmark of the interim budget presentation by the Union Finance Minister, Nirmala Sitharaman, on Thursday in a crisp 58-minute speech in Parliament. There was no additional concession…
Shareholders press for leadership change at BYJU’S
New Delhi: A group of Byju’s shareholders including tech investor Prosus said on Thursday that it was seeking a revamp of the embattled Indian education technology firm’s board, including a change in…
Reserve Bank of India stops fresh business at Paytm Payments Bank | Business
The Reserve Bank of India (RBI) has ordered Paytm Payments Bank Ltd, an associate of One 97 Communications Ltd, to stop accepting fresh deposits in its accounts or popular wallets from March,…
Agriculture sector expects higher allocation in PM-KISAN, credit facilities
The Union government is likely to significantly enhance allocation for major schemes in the agriculture and related sectors in the interim budget for the financial year 2024-25 ahead of the Lok Sabha…
OpenAI’s ChatGPT breaches privacy rules: Italy
Milan (Italy): OpenAI’s artificial intelligence chatbot application ChatGPT breached data protection rules, said Italy’s data protection authority on Monday, pressing ahead with an investigation started last year. The Italian data protection authority,…
Tax relief ranks high on common man’s wishlist
As the nation awaits the presentation of the interim budget on February 1, 2024, all eyes are on Finance Minister Nirmala Sitharaman, who is expected to unveil a series of tax relief…
Interim budget can’t afford to disappoint interest groups
Never before in the recent past has a Finance Minister had such favourable tailwinds as Nirmala Sitharaman prepares to present her interim budget on Thursday. After two years of recovery post-Covid with…
Key factors to consider in Union (interim) budget 2024-25
Finance Minister Nirmala Sitharaman is all set to present her sixth budget on February 1. The interim budget 2024-25 will, however, be a vote-on-account. It will merely provide the government authority to…
Student startup’s eco-friendly endeavours earn praise from Governor, UGC secretary
Alappuzha: An innovative student startup venture, that churns out artwork, home decor, stationary, and customised gifts using the invasive water hyacinth, has caught the attention of none other than the Governor of…
Lilo: This Kerala startup eyeing to disrupt gig dominance in food delivery | Business
Kochi: A startup in Kerala is eyeing to disrupt the gig delivery ecosystem with a hyper-local and holistic approach. Live Local (Lilo), launched a couple of months ago by a group of…
Unlocking India’s virtual digital asset potential
The virtual digital assets (VDA) space is buzzing with activity and these encompass everything from regulatory changes to new and inventive investment instruments like Bitcoin Spot ETF. The changes began towards the…
Zee quits $1.4 billion cricket rights deal with Disney
New Delhi: Zee Entertainment has told Walt Disney that it does not intend to move forward with a deal to pay around $1.4 billion for cricket TV rights it acquired from the…
SC cancels bail granted to DHFL’s Wadhawans
New Delhi: The Supreme Court on Wednesday cancelled the bail granted to former DHFL promoters Kapil Wadhawan and his brother Dheeraj in the multi-crore rupees bank loan scam case. A bench of…
Sony terminates merger with Zee Entertainment
New Delhi: Japan’s Sony Group said on Monday it has sent a termination notice to Zee Entertainment to call off a $10 billion merger of their Indian operations, following an impasse over…
Kerala to launch single-window system to expedite use of plantations for other purposes: Minister Rajeeve
Kochi: The Kerala government is working towards a single-window system to expedite the use of five per cent of the state’s plantation sector for other purposes, Minister for Law, Industries and Coir…
Fairytale of a Kerala-based AI startup founded by six friends with zero biz background
Kochi: When they started it all, Kerala was nowhere near the startup buzz it boasts of now. AI was a hot topic only among the IT elites. Ten years down the lane,…
Google to lay off more employess this year
Google CEO Sundar Pichai told employees to expect more job cuts at the Alphabet-owned company this year, The Verge reported on Wednesday, citing an internal memo. Pichai said in the memo that…
Kerala tops states’ Startup Ranking 2022, ‘proudest moment’, says CM Pinarayi
New Delhi: Kerala has been recognised as the best performer in the fourth edition of the States’ Startup Ranking (2022) of the Union Ministry of Commerce and Industry along with Karnataka, Tamil…
GST revenue goes up by 10% to Rs 1.64 lakh cr in December 2023 | Business
New Delhi: Continuing the upward trend, GST collections rose 10 per cent to about Rs 1.64 lakh crore in December compared to Rs 1.49 lakh crore in the same month a year…
Cryptocurrencies pose risks to emerging markets, says RBI guv
Mumbai: Cryptocurrencies can pose significant risks to emerging markets, the Reserve Bank of India (RBI) chief said on Thursday, cautioning that the central bank’s stand on the issue remains unchanged despite wider…
India’s inflation touches four-month high in Dec on higher food prices
New Delhi: India experienced a sharp increase in yearly retail inflation in December, marking the highest rate in four months, propelled primarily by escalating food prices. This uptick has led to predictions…
Voye homes in on vacation far from the crowd concept
Kochi: In its earnest quest to project itself as a business-friendly space, Kerala often boasts of its growth prospects in tourism and startups. It is, though, an irony that there are only…
Kerala’s first manufacturing business hub in Malappuram to help 50 budding entrepreneurs
Malappuram: In a boost to the dwindling entrepreneurial spirit in Kerala, the Perinthalmanna constituency of Malappuram district is all set to have the first manufacturing business hub in the state. The project,…
Kerala’s Acsia Tech teams with SOFAEE SIG to develop next-gen automotive software
Kochi: Acsia Technologies, a global automotive software brand headquartered in Kerala’s Thiruvananthapuram, has announced its partnership with the Scalable Open Architecture for Embedded Edge (SOAFEE) Special Interest Group (SIG). This collaboration will…
Indian crypto player upbeat about US nod for Bitcoin Spot ETFs, calls it a game-changer
Bengaluru: The approval of Bitcoin Spot Exchange-Traded Funds (ETF) in the US marks a significant milestone in the integration of crypto assets into mainstream financial markets, Vikram Subburaj, founder and CEO of…
Net direct tax collection grows 19% to Rs 14.7 lakh crore this fiscal
New Delhi: The net direct tax collection so far this fiscal rose 19.41 per cent to Rs 14.70 lakh crore, reaching about 81 per cent of the full-year target, the income tax…
Flipkart may reduce workforce by up to 7%, affecting 1,500 employees
New Delhi: E-commerce major Flipkart is reportedly planning to reduce its workforce by 5-7 per cent in early 2024 that may affect nearly 1,500 employees. The Walmart-owned company currently has around 22,000…
Minimum capital requirement for SFBs raised to Rs 200 cr, payment banks allowed to upgrade afte 5 years
Mumbai: The Reserve Bank on Monday raised the minimum capital requirement for small finance banks to Rs 200 crore and permitted Payments Bank to upgrade as SFBs. Incidentally, the net worth of…
Bajaj Auto announces Rs 4,000-crore share buyback, shares soar
New Delhi: Bajaj Auto on Monday announced a share buyback worth Rs 4,000 crore. The company’s board has approved the proposal for buy back of up to 4,000,000 shares of face value of…
Kochi startup’s solar 3-wheeler blazes EV trail | Business
Kochi: As the world appears set to embrace an imminent EV revolution, four youths from Kerala have jumped on the bandwagon, rolling out their own version of the humble three-wheeler. Sugrah Mobility…
Women Breaking Barriers in the Electrical Trades
Breaking Barriers in the Electrical Trades The electrical industry has long been seen as a male-dominated sector, but a growing number of women are breaking barriers and proving that they can be…
Is Bitcoin 21st century’s prime example of ‘greater fool’ theory?
Bitcoin had a spectacular 2023 – over the 12 months, its market cap went up from Rs 26,00,000 crore ($319 billion) to Rs 69,00,000 crore ($830 billion) For context, the latest quarterly…
RBI issues guidelines to banks to trace customers with unclaimed deposits
Mumbai: The Reserve Bank came out with comprehensive guidelines on unclaimed deposits under which banks will be required to undertake special drives periodically to find out the whereabouts of customers with such…
Now, algae-based cookies and oxygen bar from a Kerala startup
Kochi: Poets often say they want to make the world a better place. A Thrissur-based startup company is making the same claim, though its ways are different from that of a wordsmith. …
New regulations and changes that come into effect from January 1
Every New Year brings changes in rules and it will help if you know them in advance. Here are a few of the new regulations which come into effect from January 1,…
Muthoot Microfin makes share market debut
New Delhi: Shares of Muthoot Microfin Ltd, the microfinance subsidiary of Muthoot Pappachan group, made its market debut on Tuesday. The Initial Public Offering (IPO) of Muthoot Microfin received 11.52 times the…
32 per cent vehicles in Kerala not insured, says Transport dept
Thiruvananthapuram: State transport commissioner, S Sreejith, said that 32% of cars are presently uninsured, endangering many lives. Sreejith said the Motor Vehicle Department was making all-out efforts to achieve complete insurance coverage…
Infopark to open flexi workspaces in Kochi Metro station
Kochi: An agreement was endorsed between Infopark and the Kochi Metro Rail Limited (KMRL) here to build flexi IT workspaces at the Kochi Metro station. The proposal facilitates an elaboration of co-working…
Software subscription model to give Ola competitive edge in the electric scooter market
What sets Ola Electric apart is not just the superior product but also a strategic business model that allows them to offer their scooters at a more affordable price point. Instead of…
Planning to take a loan? Here’s why you should get the Credit Pass first
Taking on debt to finance major purchases or expenses is an increasingly common practice. However, before committing to a loan, it is wise to first understand and establish your credit health. An…
RBI increases automatic payment limit via UPI to Rs 1 lakh
Mumbai: The Reserve Bank of India on Tuesday increased the limit for automatic payments through UPI to Rs 1 lakh per transaction from the existing Rs 15,000 for certain categories, including subscription…
Kerala cabinet approves tax exemption for small houses measuring up to 645 sq ft
Thiruvananthapuram: Houses measuring up to 645 square feet (60 square metres) has been exempted from house tax. The state Cabinet has approved the tax exemption for such small houses in grama panchayats…
How to build and improve your credit score by using a credit card smartly
Building and improving your credit score is a strategic and gradual process that requires careful financial management. Using a credit card smartly can be an effective tool in this endeavour.
What is the importance of personal medical insurance?
Ensuring the well-being of both yourself and your family is a fundamental concern. Personal medical insurance holds a crucial role in protecting your health and financial stability. This article will explore the…
How to build and improve your credit score by using a credit card smartly
Credit cards stand out as an exceptionally convenient means of payment for various purchases. They offer an abundance of advantages, including rewards, cashbacks, and robust fraud protection features. Yet, a particularly crucial…
Are You Familiar With Local Building Codes and Regulations in Barrie?
Local Building Codes and Regulations in Barrie Are you familiar with local building codes and regulations in Barrie? It’s crucial to understand the complexities and nuances of these laws to ensure your…
Chess made them friends, now their startup offers training in the game
Kochi: Six little boys grew up playing chess and when they became big enough to start their own business venture, their passion, experience and expertise about the game was their biggest investment….
A near-Goldilocks economy? Rates unchanged but RBI makes 2 major moves on ‘Cloud’ & Fintechs
Reflecting the quiet confidence arising from a near-Goldilocks situation, the RBI Governor Shaktikanta Das stated in his monetary policy announcement on Friday (Dec 8) that the Indian economy “presents a picture of…
The Importance of Indian Garlands
Indian Garlands In Indian culture, flower garlands or Malas represent Purity, Beauty, Peace, and Passion. They are often used in Indian temples, home puja rooms and as a sign of respect to…
Alappuzha Man’s startup launches digital platform to boost seafood exports
Kochi: A startup launched by an entrepreneur based in Kerala has introduced a tokenized finance (decentralized finance) platform which will boost the availability of cheaper finance from abroad for seafood exporters. The…
Four deep-tech Kerala startups win NASSCOM’s 2023 Emerge-50 Awards
Kochi: Four nascent companies incubating under Kerala Startup Mission (KSUM) have made it to the NASSCOM’s Emerge-50 Awards (2023). The list of honours has been instituted by the National Association of Software…
German IT firm adesso opens new office and delivery centre in Kochi Infopark
Kochi: Leading IT service provider adesso has opened a new office and delivery centre at Infopark, Kochi. The new centre is the German company’s second location in India. The adesso group is…
Gold prices sprint to all-time peak, one sovereign to cost over Rs 47,000 in Kerala
Kochi: Gold prices skyrocketed to a new record in Kerala on Monday. The price of one sovereign of gold crossed Rs 47,000. While the price of one gram increased by Rs 40,…
Manappuram Finance Q2 net profit rises 37 pc to Rs 561 cr
New Delhi: Manappuram Finance on Monday reported a 37 per cent increase in consolidated net profit to Rs 561 crore for the second quarter ended September 30. The non-banking finance company, primarily…
Kalyan Jewellers Q2 consolidated PAT up 27.33 pc at Rs 134.87 cr
Mumbai: Jewellery retailer Kalyan Jewellers on Tuesday reported a 27.33 per cent on-year growth in consolidated profit after tax (PAT) during the quarter ended September 30, at Rs 134.87 crore. The company’s…
Kerala youth’s startup solves the problem of oil theft | Business
Kochi: In 2014, a Keralite youth working with an IT firm in Sweden read a news story. He got curious about it. He did some investigation and eventually found a treasure hidden…
All-out govt support for profitable businesses a must for new Kerala model: VK Mathews
Kochi: An all-out effort to support profitable enterprises that can provide well-paid jobs should be the top priority of the government to set up a new environment of growth, top industrialist V…
Indian economy tops expectations, grows by 7.6% in Q2
New Delhi: India retained the tag of the world’s fastest-growing major economy, with its GDP expanding by a faster-than-expected rate of 7.6 per cent in the July-September quarter on booster shots from…
Investors prefer Modi again at Centre, says market expert
Kochi: There is a general mood among investors preferring a continuation of the current regime at the Centre even after the next election, a market expert said here on Wednesday. Prince George,…
Peenya Crematorium in Bangalore
Peenya Crematorium Peenya Crematorium is a state-of-the-art cremation facility in Bangalore, which has modern amenities while preserving the sanctity of the space. Its lush green surroundings are a soothing sight and contribute…
How a Kerala boy who was called ‘stupid’ and ‘madman’s son’ built a dental biz empire
Kochi: It is the kind of story you may not believe unless you heard it straight from the hero himself. It’s the story of a boy who grew up in utter poverty,…
Fairs give fresh life to Covid-hit industries, says Hibi as Quickerala Machinery & Trade Expo opens in Kochi
Kochi: Events like trade fairs can help revive industries which collapsed during the Covid pandemic, Ernakulam MP Hibi Eden said here on Wednesday. He was inaugurating the third edition of Malayala Manorama…
Manorama Quickerala Machinery and Trade Expo draws huge crowds | Business
Kochi: Thousands of people thronged the Marine Drive ground to visit the Malayala Manorama Quickerala Machinery and Trade Expo featuring a wide array of small and large machinery and equipment by manufacturers…
Manorama Quickerala expo has latest trends in world of machinery on display
Kochi: The latest trends in the world of industrial machinery are on display at the third edition of Malayala Manorama Quickerala Machinery and Trade Expo which is going on at Marine Drive…
50% portfolios of venture capitalists will be from smaller cities by 2025, says leading angel investor
Thiruvananthapuram: Fifty per cent of the investment portfolios of all venture capitalists would be from Tier II and III cities of India by 2025, Anil Joshi, managing partner of Unicorn India Ventures,…
ChatGPT maker OpenAI ousts CEO Sam Altman
The board of the company behind ChatGPT late on Friday fired OpenAI CEO Sam Altman – to many, the human face of generative AI – sending shock waves across the tech industry….
Huddle Global expo showcases Kerala startup ecosystem’s diversity
Thiruvananthapuram: An exhibition of innovative products displayed at Huddle Global 2023, the seaside conclave of Kerala Startup Mission (KSUM) that began at Adimalathura near here on Thursday, showcases the diversity of the…
Kannur sisters’ startup heals PCOS pain point
When a doctor ventures out to try her hands at entrepreneurship, we expect her to address a real pain point. Two sisters hailing from Kerala’s Kanuur, an Ayurveda doctor and an architect,…
Fielding was my path of innovation, SA legend Jonty Rhodes tells Kerala’s startup community
Thiruvananthapuram: South African cricket legend Jonty Rhodes literally had a field day in Kerala on Saturday as he addressed an energetic crowd of startup enthusiasts, drawing multiple parallels between the game he…
Kerala startup offers AI platform to help market investors do real-time research
Kochi: Nikhil Dharman belongs to that small group of brave youths of Kerala who dared to launch their business ventures at a time when startup was not a buzzword in the state. Nikhil,…
OpenAI staff threaten to quit after Sam Altman’s ouster, investors explore legal options against board
OpenAI’s staff has threatened to quit the artificial intelligence startup and join former boss Sam Altman at Microsoft’s new division unless the board resigns, according to a letter seen by Reuters. Apart…
Kerala startup summit triggers talks on Rs 160 crore potential investments
Kochi: Players in the Kerala startup ecosystem have many reasons to be optimistic, going by the numbers coming out of Huddle Global Summit 2023, the fifth edition of the Kerala Starup Mission’s…
How to maximise your health insurance coverage affordably?
Health insurance is a boon to everyone looking to safeguard their savings from the rapidly rising healthcare expenses. Nevertheless, the level of coverage you desire might lead to higher premium costs. This…
5 smart ways to help you improve your CIBIL Score
Your journey to a stellar credit score begins here! Explore five clever tricks, enhanced by the insights from Bajaj Finserv Credit Pass, to ensure your financial success. Did you know that your…
