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Home  Business

Business

Global cues subdue equity markets, metal stocks fall

Global cues subdue equity markets, metal stocks fall

  • Indian hospitality industry declined 39% in RevPAR during Q1 2021

    Demand for domestic leisure travel amidst international travel restrictions continues to make Goa the fastest recovering market in absolute term.
  • Consumers spared of hike; petrol, diesel prices unchanged on Thursday

    New Delhi: Consumers have been spared of another increase in auto fuel prices with oil marketing companies (OMCs) deciding to keep petrol and diesel rates unchanged on Thursday. This is second consecutive day of fuel price pause and follows slight softening in global oil market over demand concerns prime markets in Asia seeing rising cases of […]
  • SK Innovation, Ford to launch EV battery joint venture in US

    The SK-Ford partnership is expected to be similar to what LG Energy has with another American automaker, General Motors, with the two jointly building battery factories in Ohio and Tennessee.
  • Google brings smart home standard ‘Matter’ to Android, Nest

    Earlier called Project Connected Home over IP (CHIP), 'Matter' is a unified smart home standard partnership between Google, Amazon, Apple, Samsung, the Zigbee Alliance and others.
  • SK Innovation, Ford to launch EV battery joint venture in US

    The two companies plan to announce a memorandum of understanding on the joint venture later in the day, as South Korean President Moon Jae-in meets with U.S. President Joe Biden in Washington
  • Rupee opens on flat note, rises 3 paise to 73.15 against US dollar

    At the interbank foreign exchange, the domestic unit opened at 73.16 against the dollar
  • Hyderabad-based Skyroot Aerospace raises $11 mn in Series-A funding

    The $11 million Series-A was led by Greenko Group founders Anil Chalamalasetty and Mahesh Kolli; and saw participation from public listed entity Solar Group (a major Space and Defence supplier)
  • Ozonetel integrates Google solution with its platform

    This feature cuts down lead response time, tracks customers across multiple channels and enables efficient use of chat and calls to close sales.
  • SMEs chip in with producing medical oxygen

    Supply of other industrial gases takes back seat
  • NHPC gets 1,270 power sector employees, family members inoculated

    NHPC Ltd organised a two-day vaccination camp at National Power Training Institute (NPTI), Badarpur from 18th to 19th May 2021 in association with Apollo Hospitals, New Delhi.
  • Etrio eyes electric 4-wheeler LCV category; to launch more in 3-wheeler segment

    Currently, the company has dealers in Delhi, UP, Haryana, Karnataka, Madhya Pradesh and Odisha.
  • E-way bill integrated with FasTag, RFID

    Under the goods and services tax (GST) regime, e-way bills have been made mandatory for inter-state transportation of goods valued over Rs 50,000 from April 2018.
  • I-T dept issues Rs 24,792 cr refunds

    The I-T department did not specify the financial year for the refunds. However, it is believed that the refunds are for tax returns filed for the 2019-20 fiscal.
  • OYO to pay 8 months full salary as part of COVID-19 bereavement support

    The support will also include term insurance payout equal to 3 times their annual pay.
  • Shaktikanta Das asks PSBs to quickly implement measures announced by RBI

    Earlier this month, the governor had announced a slew of measures, including term liquidity facility of Rs 50,000 crore to ease access to emergency health services.
  • Royal Enfield to recall around 2.37 lakh units to fix faulty ignition coil

    It will call in Meteor motorcycles manufactured and sold between December 2020 and April 2021, and the Classic and Bullet manufactured and sold between January and April 2021.
  • Sensex drops 291 points; Nifty ends below 15,100

    Bajaj Finserv was the top loser in the Sensex pack, shedding around 2 per cent, followed by HDFC, M&M, Bharti Airtel, UltraTech Cement and Kotak Bank.
  • PFRDA subscriber base up by 23%

    The number of subscribers in various schemes rose to 426.75 lakh by end-April 2021 from 346.01 lakh in April 2020.
  • Gold declines Rs 97; silver tumbles Rs 1,417

    In the international market, both gold and silver were trading marginally lower at USD 1,867 per ounce and USD 27.88 per ounce, respectively.
  • IDBI Bank launches digitised automated loan processing system

    This new loan processing system seamlessly integrates with data fintechs, bureau validations, document storage/retrieval, account opening/management, customer notifications, and portfolio management capabilities along with embodied policy/knock off parameters.
  • Hindustan Unilever to provide free oxygen concentrators in Delhi, B’lore

    HUL has airlifted over 5,000 oxygen concentrators into India.
  • Rupee snaps 3-day winning streak, drops 13 paise to 73.18/USD

    The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.20 per cent to 89.93.
  • Learning app ‘Practically’ wins TiE50 award

    Practically name was recognized for its cutting-edge and highly animated 3D videos, simulations and AR/VR experiences.
  • Apple Watch Series 7 could feature flat-edged design: Report

    A 9To5Google report, citing Jon Prosser, said that Apple Watch Series 7 will feature a redesign that is similar to other Apple hardware updates.
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