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Home  Business

Business

Auto component suppliers to see 70% dip in operating profit

Auto component suppliers to see 70% dip in operating profit

  • Sitharaman meets Infosys officials, reviews tech glitches on new I-T e-filing portal

    The portal launched on June 7 continued to face glitches, including longer logging in time, inability to generate OTP for Aadhaar validation, non-availability of ITRs for past years.
  • Kankatala Sarees opens outlet at Kukatpally

    This is second in city and 11th in the country
  • Construction firm ‘The Better Co’ to set up office in Hyderabad

    The company will also be setting up offices in these locations, relocating some employees from its Bengaluru headquarters while also hiring locally.
  • Sensex ends flat, retreats from 53K mark on profit-booking

    Maruti was the top gainer in the Sensex pack, rallying over 5 per cent, followed by L&T, UltraTech Cement, TCS and Titan.
  • Bumble shuts offices, gives ‘burnt-out’ staff a week’s paid break

    Bumble founder Whitney Wolfe Herd made the move "having correctly intuited our collective burnout", said a senior executive praising it as "a much-needed break".
  • SucSEED secures exit from fintech startup Paymatrix

    Muthoot Pappachan Group picks up 54 per cent stake in the startup as part of its plans to strengthen its presence in digital payments space
  • Indian working women more worried about job availability: LinkedIn

    About 30 per cent Gen Z professionals were found to be troubled due to lack of jobs, compared to 18 per cent baby boomers.
  • Cyient launches new platform for innovators

    CyientifIQ – a future-ready innovation platform to identify, build, and deploy IP-driven solutions, products, and platforms.
  • IIIT-H on-boards Silicon Labs as partner for Smart City Living Labs

    The mission of the lab is to provide a research and development ecosystem for next-generation technologies designed to improve safety, sustainability, energy efficiency, sanitation, and overall quality of life in densifying cities.
  • Sun Pharma settles patent dispute with US Celgene Corporation

    In addition, the license will also allow Sun Pharma to manufacture and sell an unlimited quantity of generic lenalidomide capsules in the US beginning January 31, 2026.
  • Record run continues, Sensex crosses 53,000 mark

    The Nifty50 on the National Stock Exchange was trading at 15,870.75, higher by 124.25 points or 0.79 per cent from its previous close.
  • Fuel price hiked again, petrol nearing century mark across the country

    On Tuesday, the oil marketing companies (OMCs) raised the price of petrol and diesel between 25-30 paise per litre across the four metros.
  • High retail investments in stock market may help finance India’s infra needs

    Lower rate in other saving avenues amidst the low interest rate regime has led to greater interest by individuals in the stock market.
  • India posed for highest capex in a decade

    The key drivers for a likely pick up in corporate capex will be benefit of lower corporate taxes and interest costs amount to Rs. 2tn per annum.
  • Rupee falls 10 paise to 74.20 against US dollar in early trade

    At the interbank foreign exchange, the rupee opened lower at 74.18 against the dollar, then fell further to 74.20, registering a fall of 10 paise over its previous close.
  • Need calibrated steps to support economic recovery: PHDCCI

    PHDCCI President Sanjay Aggarwal said that trade and industry have to be rejuvenated for achieving a high economic growth trajectory in 2021-22.
  • Keka plans international expansion

    With almost 3,700-plus customers in India and 26 other countries, the company is the preferred payroll and talent management system of various brands.
  • MG Motor re-launches doorstep services

    The safe and contactless services at the customers' homes include car sanitisation and fumigation, general car check-up, and car dry wash in addition to minor repairs and fitments.
  • BHEL to set up oxygen units

    Witnessing the acute shortage of medical oxygen in the country during mid-April, the BHEL Haridwar plant created cylinder filling capacity for over 3,000 cylinders per day.
  • Finance ministry, Infosys meet on glitches in new I-T portal on Tuesday

    At the company's annual shareholder meeting, Infosys had on Saturday stated that it is working to resolve the issues and has already succeeded on some fronts.
  • Maruti Suzuki to hike car prices in Jul-Sep quarter

    The auto major, which has already taken a price increase in April this financial year, noted that the price of steel and various precious metals has gone up.
  • Aparna Enterprises to invest Rs 100 crore

    "From the Rs100 crore spend planned, 60 per cent funds will be directed towards manufacturing capacity", Ashwin Reddy, Managing Director, Aparna Enterprises, said.
  • Airtel, Tata Group team up for ‘Made in India’ 5G network solutions

    Airtel will pilot and deploy the indigenous solution as part of its 5G rollout plans in India and begin the pilot in January 2022, as per the norms formulated by the government.
  • Nissan India starts exports of SUV Magnite

    Built on the philosophy of “Make in India, Make for the World”, the B-segment sports utility vehicle is being produced at the Chennai-based Renault Nissan Automotive facility.
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