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Home  Business

Business

Power consumption grows 12.6 pc in first week of June

Power consumption grows 12.6 pc in first week of June

  • Michelin to hike tyre prices

    This increase in prices is effective June 18 for India and July 1 for the Middle East region and is applicable to all Michelin group brands.
  • World Bank projects India to grow at 8.3 per cent in 2021

    "India's recovery is being hampered by the largest outbreak of any country since the beginning of the pandemic," the World Bank said.
  • Instamojo aims to enable e-commerce for one lakh D2C brands by year-end

    Last year, Instamojo had acquired GetMeAShop (GMAS), an e-commerce enablement firm backed by Times Internet.
  • Bank of Baroda to sell 46 NPA accounts to recover Rs 597 cr

    The lender, in a notification, said it intends to sell these NPA accounts to asset reconstruction companies (ARCs) / banks / NBFCs or other financial institutions (FIs) on 100 per cent cash basis.
  • RBI asks banks not to destroy CCTV recordings of demonetisation period

    The government had demonetised the then in circulation high value currency notes of Rs 500 and Rs 1,000 on November 8, 2016, with an aim to check black money.
  • Oxfam India, Microsoft partner for Covid relief

    Oxfam India will setup three pressure swing adsorption (PSA) technology-based oxygen plants, provide oxygen/ ICU beds and medical equipment.
  • General insurance sector may see 7-9 pc growth in GDPI in FY22: Report

    In 2020-21, the industry's total GDPI grew four per cent y-o-y to Rs 1.85 lakh crore.
  • State-owned banks getting ready for privatisation may come out with VRS

    Central Bank of India, Indian Overseas Bank, Bank of Maharashtra and Bank of India are some of the names that may be considered for privatisation by the Core Group of Secretaries on Disinvestment.
  • FM asks Infosys to fix tech glitches on new income tax e-filing portal

    Infosys was in 2019 awarded a contract to develop the next-generation income tax filing system to reduce processing time for returns from 63 days to one day and expedite refunds.
  • Mercedes-Benz launches ultra-luxury SUV Maybach GLS 600 4MATIC

    Mercedes-Benz India Managing Director and CEO Martin Schwenk said, "Luxury motoring with an SUV in India is re-imagined with the introduction of the Mercedes-Maybach GLS 600 4MATIC."
  • Bengaluru-based artificial intelligence firm ‘Affine’ forays into Hyderabad

    Through FY22, Bengaluru-based AI and analytics firms will be hiring more than 300 professionals in data science, data engineering, and cloud
  • Massive global internet outage hit top news, tech websites

    The technical glitch is likely to be from Fastly, a popular CDN provider. Fastly confirmed it was facing an outage on its status website.
  • Glenmark meeting surge in demand for Favipiravir

    Exploring newer options for the management of Covid-19 and similar infectious diseases with focus on antifungals
  • StanPlus to expand Red Ambulance across India

    StanPlus will lease ambulances from Grip Invest to expand its Red Ambulance across India.
  • Shopmatic announces fee relaxation for setting up online store

    Through the 'Inspiring Entrepreneurship Programme', Shopmatic is extending its platform to a larger group of aspiring entrepreneurs during a decidedly challenging time, as per the company.
  • Fuel price rise paused again, petrol & diesel rates static

    With crude once again touching a high of $71 a barrel, oil companies want to wait or pause in between before revising fuel prices.
  • Another fiscal stimulus package key to rekindle animal spirits

    The Ecowrap report suggested that low bank credit growth was a direct fallout of corporates rapidly deleveraging by repaying high cost loans through funds raised through bond issuances.
  • Devise uniform social distance norm for auto units: HC to TN govt

    Recalling the Charlie Chaplin movie Modern Times the Union's counsel said a car production line is similar to that.
  • POCO unveils its first 5G smartphone M3 Pro in India

    The devices will be available for purchase at Flipkart from June 14.
  • Franklin Templeton APAC head Vivek Kudva may appeal against SEBI ban

    The Franklin Templeton spokesperson said that as Kudva has issued a statement the company has nothing further to add at this time.
  • Rupee rises 3 paise against US dollar in early trade

    At the interbank foreign exchange, the rupee opened at 72.78 against the dollar and inched up to touch 72.77 in early deals, registering a rise of 3 paise over its previous close.
  • Sensex, Nifty start on choppy note

    Tech Mahindra was the top gainer in the Sensex pack, rising around 2 per cent, followed by Bajaj Finance, Infosys, HCL Tech, NTPC and TCS.
  • A platform for physiotherapists and patients

    Branded as BornPhysio, the platform provides career counseling, certification-based training, and guidance to aspiring physiotherapy students and experienced professionals.
  • SBI invests in digital payments firm Cashfree

    Cashfree provides payments solutions platform enabling growing businesses in India and abroad to accept and disburse payment online through a single integration.
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