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Dell, Foxconn, Lava apply under PLI scheme for IT hardware (Lead)

New Delhi, May 4 | A total of 19 companies have filed applications under the production linked incentive (PLI) scheme for IT hardware, including...

Global real estate sentiments improved in Jan-March: Report

Mumbai, May 4 | The sentiment in the real estate markets globally improved in the first quarter of 2021, according to a report by...

Procter & Gamble Hygiene’s Jan-Mar net profit up 8%

Mumbai, May 4 | Procter & Gamble Hygiene and Health Care Ltd on Tuesday reported an 8 per cent increase on a year-on-year in...

RIL fixes record date for first call on partly paid-up equity...

Mumbai, May 4 | The Rights Issue Committee constituted by the Board of Directors of Reliance Industries (RIL) has fixed May 12 as...

Cybersecurity firm Acronis raises $250M at $2.5B valuation

Mumbai, May 4 | Global cyber security leader Acronis on Tuesday said it has received more than $250 million in funding from CVC Capital...

DoT permits telcos to go ahead with 5G trials

New Delhi, May 4 | The Department of Telecommunications (DoT) has permitted telecom service providers (TSPs), including Bharti Airtel, Reliance Jio Infocomm, Vodafone Idea...

New age start-up ‘The Fuel Delivery’ starts operations in Mumbai

Mumbai, May 4 | App-based door-to-door fuel delivery service provider, 'The Fuel Delivery' on Tuesday announced the launch of its Mumbai operations.With this service...

Mondelez commits $2 mn Covid-19 relief support to India

New Delhi, May 4 | Mondelez International on Tuesday announced a contribution of $2 million as part of the company's Covid-19 relief efforts in...

SpiceXpress airlifts 2,450 oxygen concentrators from Nanjing, Hong Kong

New Delhi, May 4 | SpiceJet's air cargo arm SpiceXpress on Tuesday airlifted 2,450 oxygen concentrators from Nanjing, China and Hong Kong to...

Saudi Aramco’s Q1 net profit rises by 30%

Riyadh, May 4 | Saudi Arabia's oil giant Aramco said on Tuesday that its net profit increased by 30 per cent in the first...

Samsung pledges Rs 37 cr to help India fight Covid 2.0

New Delhi, May 4 | South Korean tech giant Samsung on Tuesday announced that it has pledged $5 million (nearly Rs 37 crore) as...

JSW Steel USA secures toll conversion services to deliver HRC products...

Mumbai, May 4 | JSW Steel USA Ohio Inc, a subsidiary of JSW Steel Ltd (the flagship business of the US$ 12 billion JSW...

Dell, Foxconn, Lava apply under PLI scheme for IT hardware

New Delhi, May 4 | A total of 19 companies have filed applications under the production linked incentive (PLI) scheme for IT hardware, including...

Delhi-NCR logs 5% growth in office space absorption in Jan-Mar: JLL

New Delhi, May 4 | Delhi-NCR witnessed an increase of 5 per cent in net absorption of office space during the first quarter of...

Zomato emerges most trusted brand during pandemic: Survey

New Delhi, May 4 | As India grapples with the raging pandemic amid seismic shifts in consumer behaviour, a new survey on Tuesday said...

Mahindra Group rolls out ‘Oxygen on Wheels’ in Maha

Mumbai, May 4 | Aiming to tackle the shortages of medical oxygen, the automobiles giant Mahindra Group has rolled out a free...

State elections over, auto fuel prices start rising again

New Delhi, May 4 | On the expected lines, oil companies did not wait long post declaration of state election results to raise the...

Vaccinated Growth: IndiGo races to inoculate operational staff (IANS Special)

By Rohit VaidNew Delhi, May 4 | Airline major IndiGo is set to become the first domestic airline with an all inoculated operational staff.Accordingly,...

SII to invest 240M in UK to expand vaccine business

New Delhi/London, May 4 | The Serum Institute of India (SII) will invest 240 million pounds in the UK to expand its vaccine business...

Equity indices trim gains amid volatility

Mumbai, May 4 | The key Indian equity indices gave up their major gains on Tuesday morning to trade marginally higher amid a volatile...

FM participates in ADB Governors’ Seminar as part of bank’s 2021...

New Delhi, May 3 | Finance and Corporate Affairs Minister Nirmala Sitharaman, who is the Asian Development Bank's (ADB) Governor for India, on Monday...

SEBI relaxes compliance timelines for debenture trustees

Mumbai, May 3 | The Securities & Exchange Board of India has extended timelines for regulatory requirements for debenture trustees for the quarter and...

Pickrr to subsidise delivery costs for NGOs supplying Covid essentials

New Delhi, May 3 | Amid the Covid-19 crisis, logistics and shipping software solution provider for e-commerce businesses, Pickrr, has announced a 100 per...

High frequency indicators show economic activity ‘softening’: Crisil Research

New Delhi, May 3 | India's high frequency indicators have started to show a softening trend in economic activity, Crisil Research said on Monday."In...

Verizon Media sells Yahoo, AOL to Apollo Funds for $5B

New York, May 3 | Verizon Media on Monday announced it has sold its AOL and Yahoo properties to Apollo Global Management in a...

Kotak Mahindra Bank’s Q4 net profit grows 33%

Mumbai, May 3 | Kotak Mahindra Bank on Monday reported a 32.8 per cent increase in its standalone net profit for the January-March quarter...

Swiggy announces 4-day work week for employees in May

New Delhi, May 3 | As Covid-19 infection cases are surging rapidly in India, food delivery platform Swiggy has announced plans to move to...

Capgemini donates Rs 50 cr to boost Indian medical infrastructure

Mumbai, May 3 | Capgemini on Monday committed Rs 50 crore to build Covid care ICU facilities, oxygen generation plants, other long-term medical infrastructure...

Accenture accelerates Mankind Pharma’s digital transformation

New Delhi, May 3 | Mankind Pharma, the fourth largest pharmaceutical manufacturing company headquartered in India, has collaborated with Accenture to accelerate its digital...

Govt. gives ad hoc IGST exemption on imports of Covid relief...

New Delhi, May 3 | In view of the coronavirus pandemic, the Central Government has exempted IGST or integrated GST on import of such...

JICA undertakes study to understand Covid impact on persons with disabilities

New Delhi, May 3 | Japan International Cooperation Agency (JICA) and V-shesh Learning Services Private Limited have undertaken a pan-India study to comprehend the...

SBI allocates Rs 71 Cr to combat 2nd wave of Covid-19

New Delhi, May 3 | Country's largest bank, the State Bank of India (SBI) has allocated Rs 71 crore, to undertake various support initiatives...

CBIC sets up dedicated help desk to facilitate Covid-related imports

New Delhi, May 3 | In order to facilitate the quick clearance of imports of Covid-related equipment or medicaments, the Central Board of Indirect...

SpiceJet airlifts 700 oxygen concentrators from Guangzhou

New Delhi, May 3 | SpiceJet's air cargo arm SpiceXpress on Monday airlifted 700 oxygen concentrators from Guangzhou to New Delhi.Accordingly, the airline has...

India’s manufacturing output inches up as demand rises: PMI

New Delhi, May 3 | Demand growth pushed India's manufacturing sector output higher in April, showed IHS Markit India Manufacturing PMI report on Monday.Accordingly,...

Covid crisis, rollback of stamp duty cut impact Mumbai home sales

Mumbai, May 3 | The second wave of Covid-19 and the rollback of the stamp duty cut in Maharashtra impacted the housing sales in...

TVS Motor sold 2.38 lakh units in April

Chennai, May 3 | Two and three wheeler maker TVS Motor Company Ltd on Monday said it closed last month selling 238,983 units.Last year...

Petrol dealers urge LG to open one side of road at...

New Delhi, May 3 | Petrol pump owners have urged Lt Governor Anil Baijal and Delhi police to at least open one side of...

Petrol, diesel prices revision maintain pause as OMCs weigh options

New Delhi, May 3 | Fuel prices in the country remained unchanged on Monday as oil marketing companies decided to wait and watch the...

WinZO gives complete exit to Hike via $12M share buyback

New Delhi, May 3 | Vernacular social gaming platform WinZO on Monday said it has bought back early investor Hikes shares for $12 million,...

Equities in red, Sensex falls 700 points

Mumbai, May 3 | The key Indian equity indices opened on a negative note on Monday with heavy selling in finance and banking stocks.The...

S Korea captures 31% of global EV battery market in Q1

Seoul, May 3 | Three South Korean electric vehicle (EV) battery makers accounted for 31 percent of the global market in the first quarter,...

Ashok Leyland sells 8,340 vehicles in April

New Delhi, May 2 | Commercial vehicles major Ashok Leyland sold 8,340 vehicles in April, said a company statement.Out of the total sales, 7,961...

Investors of Franklin Templeton’s shut schemes to get Rs 2,489 cr...

Mumbai, May 2 | The unitholders of the six shut schemes of Franklin Templeton Mutual Fund will get Rs 2,488.75 crore in the week...

Govt relaxes several compliance timelines under GST

New Delhi, May 2 | As the Covid crisis and the resultant lockdowns impact business, the Centre has come up with several relaxations regarding...

FPIs turn net sellers in April, pull out Rs 9,659 cr...

Mumbai, May 2 | Foreign Portfolio Investors (FPI) ended their buying spree in April as they pulled out net investments worth Rs 9,659 crore...

Hotels’ body seeks liquidity support amid 2nd wave of Covid

Mumbai, May 2 | As the severe Covid crisis and the resultant lockdowns have again brought the travel and hospitality industry to a halt,...

India’s exports in April rise to $30.2 bn, trade deficit surges

New Delhi, May 2 | India's merchandise exports in April 2021 was $30.21 billion, higher by 197.03 per cent over $10.17 billion in April...

OMCs continue to hold petrol, diesel prices

New Delhi, May 2 | Oil marketing companies (OMC) kept the retail prices of petrol and diesel unchanged for the 17th straight day across...

AWS leads $42B global Cloud services market in Q1, Microsoft 2nd

New Delhi, May 2 | Amazon Web Services (AWS) was the leading cloud service provider with 32 per cent market share in Q1 2021,...

Business

RBI’s Regulations Review Authority sets up advisory group

Mumbai, May 7 | The Regulations Review Authority of the Reserve Bank of India (RBI) has constituted an advisory group to support it.The group...