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Home  Business

Business

DBS Bank reports higher net profit for FY21

DBS Bank reports higher net profit for FY21

  • IICT, PI Industries join hands to manufacture Covid drug

    Hyderabad: City-based Indian Institute of Chemical Technology (IICT), a constituent laboratory of Council of Scientific and Industrial Research (CSIR), is collaborating with PI Industries Limited and signed an agreement for technology transfer and manufacture of the anti-Covid drug 2-DG. In the last few months, especially after Drugs Controller General of India (DCGI) granted emergency use […]
  • Zomato’s Rs 9,375 cr IPO to open on July 14

    The total IPO size is Rs 9,375 crore, comprising a fresh issue of equity shares worth Rs 9,000 crore and an offer-for-sale to the tune of Rs 375 crore by Info Edge (India) Ltd, Zomato said.
  • BMW Motorrad drives in updated R 1250 GS bike range in India

    The bikes would be available as completely built-up units (CBU) and can be booked at the company's dealerships from Thursday onwards.
  • Ambipalm to expand offerings to 16 cities

    The app, which has got over 50,000 downloads, was founded with an investment of Rs 10 crore.
  • Hyderabad pharma instruments firm helps set up Covid testing labs

    Pro Cal Services has so far helped set up over 30 Covid-19 RT-PCR Labs across Telangana, Andhra Pradesh and Kerala, at one-third of the market cost.
  • IISc, TalentSprint announce certification programme in digital manufacturing

    Current and aspiring professionals with over one year experience working in strategic roles in manufacturing across industry and having an engineering degree are eligible for the course.
  • Hyderabad-based Caspian Debt expands regional presence in Delhi-NCR

    Major focus will be on SMEs in edtech, water & sanitation, cleantech, healthcare, food & agritech sectors 
  • Brightcom Group acquires digital marketing company

    A definitive agreement will follow after the completion of the customary business, legal and financial due diligence.
  • RBI imposes penalties on SBI, 13 banks for violation of rules

    The penalties have been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 51 (1), of the Banking Regulation Act, 1949, as applicable.
  • Cairn Energy secures French court order to seize 20 Indian govt properties

    On June 11, the French court had ordered Cairn Energy's take-over of Indian government properties, mostly comprising flat; and the legal process got completed on Wednesday evening.
  • Sensex, Nifty start on choppy note amid weak global cues

    Bajaj Auto was the top gainer in the Sensex pack, rising nearly 2 per cent, followed by Tech Mahindra, NTPC, IndusInd Bank, PowerGrid, M&M and HCL Tech.
  • Fitch cuts India’s growth forecast to 10pc

    Fitch believes that rapid vaccination could support a sustainable revival in business and consumer confidence; however, without it, economic recovery would remain vulnerable to further waves and lockdowns.
  • FinMin gets bigger: DPE now part of ministry

    Finance Ministry will now have six departments while DPE's hereto parent ministry, the Ministry of Heavy Industries and Public Enterprises will now be called the Ministry of Heavy Industries
  • Etrio to supply e-three-wheelers to LetsTransport

    LetsTransport will deploy Etrio's Touro brand of e-three-wheelers in its last-mile operations across Delhi NCR, Bangalore, Hyderabad, Chennai, Mumbai and Pune, in a phased manner over the next six months
  • Tata Technologies partners Stratasys for advanced additive manufacturing tech

    The partnership will combine complete capabilities and offerings of Stratasys in the polymer space with deep manufacturing domain knowledge and robust presence of Tata Technologies in the manufacturing sector
  • Indian IT industry revenues will see double-digit growth in FY22: Premji

    As per Nasscom, the IT industry revenues stood at $194 billion in FY21.
  • KTR seeks Centre’s support for MSME sector in Telangana

    In his letter to Union Finance Minister Nirmala Sitharaman, Rama Rao stated that considering the sharp decline in Covid-19 cases in the country and recovery of modest economic activities, the MSME sector still requires support.
  • Five things you should be doing, if you got married recently

    Here are the five things the newlyweds should be doing compulsorily
  • Edtech firm upGrad earmarks $250 mn for M&A, non-linear growth

    upGrad is set to cross $500 million annual revenue run rate by March 2022 and is looking to raise close to $400 million at a $4 billion valuation.
  • NCLAT allows withdrawal of insolvency proceedings against OYO arm

    In a statement, OYO said that it will continue to work closely with its hotel partners for the closure of any pending claims.
  • Wavin acquires Dura-Line manufacturing facility in Hyderabad

    Pipes and fittings solution company plans to deploy new solutions and technologies within India and throughout Asia-Pacific
  • ‘India leads in digital wallet adoption’

    US-based payment solutions company Blackhawk Network believes that the mode of digital payment that the retailer uses will be a deciding and influencing factor in a purchase
  • Flipkart eliminates single-use plastic packaging throughout supply chain

    Flipkart said it is now actively working with seller partners who fulfil customer orders directly from their locations to educate them.
  • India’s Morepen Labs starts production of Russia’s Sputnik V

    The first batch of the vaccine will be shipped to Russia's Gamaleya Center for quality control. Sputnik V, which was granted emergency use authorisation in India in April.
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