Reliance Retail, NBA launch extensive range of merchandise in India

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

India's Consumer Price Index or retail inflation in February was recorded at 3.21 per cent, official data showed on Thursday.

National Stock Exchange of India Limited on Thursday concluded the process for the selection of merchant bankers, law firms and other intermediaries for its proposed Initial Public Offering (IPO).

Mumbai (Maharashtra) [India], March 12: The IVCA Alternate Capital Excellence Awards 2026 were presented at the 15th edition of the IVCA Conclave, organised by India's apex body for the alternate capital sector, the Indian Venture and Alternate Capital Association (IVCA). Held on Day 2 of the Conclave, the Awards honoured the institutions and individuals exemplifying excellence in performance, governance, and creating enduring value across the alternate asset ecosystem, spanning private equity, venture capital, private credit, venture debt, real estate, infrastructure, and impact investing.

Dubai [UAE], March 12: Wizz Financial, the global fintech company specializing in cross-border payments and digital wallets, today announced the completion of its first stablecoin-powered cross-border remittance and treasury transaction originating from the United States, with capabilities into 80 countries, in partnership with BitGo Bank & Trust, N.A. ("BitGo"), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (NYSE: BTGO). Through the partnership, Wizz Financial is utilizing BitGo's institutional-grade wallet infrastructure and e-trade services to facilitate the conversion of fiat currency into stablecoins, enabling near-real-time settlement, enhanced liquidity management, and compliant, scalable cross-border remittance flows across its global network as new corridors are progressively launched.

New Delhi [India], March 12: Motorola, a global leader in mobile technology and innovation and India's leading AI smartphone brand#, today announced the sale of the motorola edge 70 fusion, bringing breakthrough camera innovation, immersive visuals, intelligent AI experiences, and massive battery life to the mid-premium smartphone segment. Starting today, consumers can purchase the device from 12PM onwards on Flipkart, Motorola.in, and leading retail stores across India, at an effective launch price starting at just Rs. 24,999*.

Bangalore (Karnataka) [India], March 12: DataArt, a global software engineering firm that delivers breakthrough data, analytics, and AI platforms, has partnered with CHRIST (Deemed to be University), Bangalore Yeshwanthpur Campus, to launch IT Museum - India, a new digital platform dedicated to preserving India's rich information technology heritage. Officially inaugurated in February at the KEC Auditorium in the presence of His Grace Archbishop Raphy Manjaly of the Archdiocese of Agra, the initiative emphasizes both its academic and cultural significance.

The global shortage of memory chips is largely being driven by the rapid rise in artificial intelligence (AI) workloads, which has significantly increased demand for advanced memory solutions, according to Ashok Chandak, President of the India Electronics and Semiconductor Association (IESA) and SEMI India.

Mumbai (Maharashtra) [India], March 12: Reliance Digital announces the offline retail availability of iQOO, the high-performance smartphone brand built for today's youth and tech-forward consumers. Following strong traction in online channels, iQOO is now extending its presence into physical retail, allowing customers to experience and purchase its devices first-hand at Reliance Digital stores across India.

India's semiconductor ecosystem is expected to achieve a production capacity of 75-80 million chips per day as several newly announced semiconductor plants begin operations by the end of this year or early next year, according to Ashok Chandak, President of the India Electronics and Semiconductor Association (IESA) and SEMI India.