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Home  Business

Business

Central Railside, Central Warehousing Corporation merger gets Cabinet nod

Central Railside, Central Warehousing Corporation merger gets Cabinet nod

  • Moody’s cuts 2021 India’s growth forecast to 9.6 pc

    Flagging low innoculation rate, it said faster vaccination progress will be paramount in restricting economic losses to the current quarter.
  • Sensex drops 283 points; Nifty ends below 15,700

    Kotak Bank was the top loser in the Sensex pack, shedding over 1 per cent, followed by L&T, Tata Steel, HDFC.
  • Tanla Platforms set to go global, platform business to propel growth

    Cash reserves to be utilised towards strategic acquisitions, investments in innovation and product-led growth
  • Hope Consortium enabling global vaccine distribution

    Public and private partners in Abu Dhabi are developing capacity to transport, store, and distribute 18 billion Covid-19 vaccine doses per annum to countries around the world
  • Spandana Sphoorty raises Rs 337.5 crore through CredAvenue

    Hyderabad-based microfinance company to utilise the funds raised through market linked debenture to scale its business profitably
  • Infosys’ Rs 9,200 cr share buyback to open on Jun 25

    The Bengaluru-based company has issued a public announcement on June 23 in various newspapers for the buyback of its equity shares from the open market.
  • WE Hub signs pact with RMC to launch Project Inclusion

    Inks MoU with RMC to establish 500 women-led businesses by November
  • Hyderabad-based BigLeap raises Rs 5 crore

    The fund will be used to boost the soon-to-be-launched artificial intelligence app, “BigLeap.AI”, based on mobile/web applications to help hyper-local job seekers to tap into active vacant jobs in various sectors
  • Cipla gets USFDA nod for inhalation product

    The company has received final approval for its abbreviated new drug application (ANDA) for Arformoterol Tartrate Inhalation Solution 15 mcg/2 mL from the United States Food and Drug Administration (US FDA), Cipla said
  • IndiGo offers discount for vaccinated passengers

    The discount would be given on base fare and only "limited inventory" is available under this offer, the airline's statement noted.
  • Rupee surges 12 paise to 74.25 against US dollar in early trade

    At the interbank foreign exchange, the domestic unit opened at 74.26 against the dollar, then inched higher to 74.25, registering a gain of 12 paise over its previous close.
  • Sensex jumps over 100 pts in early trade; Nifty tops 15,800

    The 30-share BSE index was trading 145.45 points or 0.28 per cent higher at 52,734.16 in initial deals. Similarly, the broader NSE Nifty advanced 49.70 points or 0.32 per cent to 15,822.45.
  • Simplifying trading for beginners via YouTube

    Hyderabad-born YouTube channel Convey by FinnovationZ has over 15 lakh subscribers with an average viewership of one lakh per video.
  • Sila Group to expand footprint in India

    Keen to strengthen its base in operations, services and fund management businesses in real estate
  • Private hospitals to log 15-17% revenue growth in FY22

    As the second wave recedes in the second quarter, Crisil expects pent-up demand for non Covid treatments to rebound and support occupancy.
  • NCLT approves Jalan Kalrock Consortium’s resolution plan for Jet Airways

    The plan will have to be implemented in 90 days starting from June 22
  • European Union investigates Google’s conduct in digital ad tech sector

    The European Commission said on Tuesday that it has opened a formal investigation into whether Google violated the bloc's competition rules.
  • IIFCL profit surges over three-fold to Rs 325 cr in FY21; NPA eases

    During the year (2020-21), the company posted record performance with the highest ever sanctions and disbursements at Rs 20,892 crore and Rs 9,460 crore, respectively.
  • ‘Startup ecosystem is strong in Telangana’

    Raghuveer Kovuru, Senior Programme Manager, Startup Innovation, T-Hub, said India has the third largest startup ecosystem in the country with about 42,000 registered startups.
  • Procter & Gamble contributes Rs 5 cr towards vaccination of citizens in Telangana

    Under its #PGSurakshaIndia programme, the company will also continue to extend its support to the broader community in Telangana.
  • HDFC opens new office in Suryapet

    “Lower interest rates, stable property prices and PMAY schemes have made buying a house more affordable,” Renu Sud Karnad, MD, HDFC Ltd said.
  • Auto component suppliers to see 70% dip in operating profit

    ICRA noted that despite the short-term headwinds, it expects the domestic auto component industry to register a 20-23 per cent revenue growth in the current fiscal year.
  • 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
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