Business

The State also follows a decentralised model of solar power generation and as a result the power generation has spread to multiple locations.

The government must lead the investment cycle but focus on completing the several projects that are underway and not start new ones.

Nestle India was the top laggard in the Sensex pack, shedding around 2 per cent, followed by SBI, HDFC Bank, Axis Bank, ICICI Bank, Reliance Industries, HUL and Dr Reddy's.

Additionally, an Oxygen Plant will be installed by Hyundai Motor India Foundation in Utnoor, Adilabad.

The Home Ministry had issued an order on June 29, 2020 conveying that the Indian visa or stay stipulation period of such foreign nationals expiring post June 30, 2020 shall be deemed.

The transaction - which may also see participation from Singapore's sovereign wealth fund GIC and Canadian pension fund CPPIB - could value Flipkart between USD 30-32 billion.

As part of their response to the prevailing Covid situation, Hysea along with its member companies and NGO partner Nirmaan identified key government hospitals wherein there is a need for staff, critical lifesaving equipment

As per information collected by the government, margin on the oxygen concentrators at the distributor level currently ranges up to 198 per cent.

The company said the tablet is the bioequivalent and therapeutically equivalent to the Theophylline extended-release tablets, 300 mg and 450 mg, of Alembic Pharmaceuticals Limited.

In the international market, both gold and silver were trading flat at USD 1,870 per ounce and USD 27.35 per ounce, respectively.

With over 1 lakh orders completed, the brand aims partner with more airlines' and airports' in the next few months.

FMCG division had a strong year with 16 per cent sales growth and its margin improvement journey continued with fourth consecutive year of 150bp plus margin expansion.

Monetary Policy Committee emphasises the need for policy support from all sides – fiscal, monetary and sectoral – required to nurture recovery and expedite return to normalcy

After opening on a flat note, the 30-share BSE index was trading 59.24 points or 0.11 per cent higher at 52,291.67 in initial deals, and the broader NSE Nifty advanced 16.85 points or 0.11 per cent to 15,707.20.

Reserve Bank of India (RBI) on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance amid the second COVID wave.

At 10:25 am, the BSE S&P Sensex was up by 94 points or 0.18 per cent at 52,327 while the Nifty 50 gained by 31 points or 0.2 per cent to 15,721.

The announcement came after a three-day meeting of its Monetary Policy Committee (MPC). The RBI has kept repo rate the central bank's lending rate unchanged at 4 per cent and reverse repo rate borrowing rate at 3.35 per cent.

First episode will be telecasted on TSAT network on June 9

City-based ZeroCode is looking to see how quickly a company can get digitised without the need for coders and coding.

The government may be waiting for the lockdowns to end before they can announce specific measures for the revival, which can have the best multiplier effect.

IDH International Drilling Holdco Ltd (IDH), the Cypriot-registered parent company of the borrowers, gave a corporate guarantee in respect of the loan.

Titan was the top gainer in the Sensex pack, soaring nearly 7 per cent, followed by ONGC, L&T, Kotak Bank, Axis Bank, Bajaj Finance and HDFC Bank.

Changes on the regulatory side to facilitate privatisation would start after the Cabinet approval.

The government introduced the PLI scheme to encourage an incentive-led model for manufacturing, attracting advanced technologies, bringing in economies of scale and meeting quality standards.