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Home  Business

Business

India’s manufacturing sector activity slips in May

India’s manufacturing sector activity slips in May

  • SBI opens Cyberabad Administrative Office

    Cyberabad module will have four regional business offices with around 180 branches.
  • MEIL imports three cryogenic oxygen tanks for Andhra Pradesh

    On Tuesday, a defence special flight from Singapore landed with tankers at 6 pm at Pangarh Air Force Station in West Bengal.
  • Telangana is torch bearer of development: FTCCI

    FTCCI mentioned swift and transparent clearances through TS-iPASS, State lending a helping hand to entrepreneurs through T-Hub and We Hub.
  • Capital Float crosses Rs 2,000 cr financing

    Additionally, Capital Float's Walnut app surpassed the 500,000 active customers mark and has seen considerable traction for consumer credit, personal financial management and insurance.
  • Coal India Ltd’s coal offtake up 38% to 55 MT in May

    Even compared to pre-COVID May 2019, the growth was 5.8 per cent when the company's off-take was 52 MT.
  • Eli Lilly gets nod for antibody drugs combination

    Bamlanivimab and etesevimab combination has been authorised under Emergency Use Authorisation in the US and select EU countries for the treatment of the disease.
  • Rupee falls for second day, declines 28 paise to 72.90 against US dollar

    On the domestic equity market front, the BSE Sensex ended 2.56 points lower at 51,934.88, while the broader NSE Nifty fell 7.95 points or 0.05 per cent to close at 15,574.85.
  • Mindspace extends Covid-19 support to Hyderabad

    Ties up with Hyderabad City Security Council and Society for Cyberabad Security Council to assist frontline warriors and marginalised Covid affected patients
  • Maruti Suzuki total sales decline 71 pc in May over April  

    Sales of mini cars, comprising Alto and S-Presso, declined by 81 per cent to 4,760 units in May as against 25,041 units in April this year.
  • BSE signs pact with ESC to encourage listing of startups

    ESC will assist in sensitising its investor network for investing in SMEs listed on the BSE SME platform.
  • Canadian firm, Biological E partner for mRNA vaccine to combat Covid-19

    Hyderabad-based firm to run pivotal trial in India and seek emergency use authorisation, and target to reach one billion dose production capacity in 2022
  • Petrol, diesel sales drop 17% in May on COVID-19 lockdowns

    While the consumption of petrol was almost 13 per cent higher than demand in May 2020, it was 28 per cent lower than pre-COVID levels of 2.49 million tonne.
  • Tesla S, X model have PS5 level entertainment computing power: Elon Musk

    Musk had earlier claimed that one would be able to play The Witcher 3 and Cyberpunk 2077 on a 10 teraflop gaming rig stuffing into the new Tesla Model S and X.
  • Rolex Rings gets Sebi nod to launch IPO

    Proceeds from the fresh issue would be used towards funding long-term working capital requirements as well as general corporate purposes.
  • Cloud4C, CloudHedge partner for next-gen application modernisation services

    The services are aimed at helping application and IT leaders modernise their landscape of legacy applications, hardware components, databases, platforms and ecosystems
  • SBI economists cut FY22 GDP growth estimate to 7.9%

    Official data released on Monday said the economy grew at faster than expected at 1.6 per cent for the fourth quarter of FY21, resulting in a contraction of 7.3 per cent for the entire fiscal.
  • Bajaj Auto posts 114 pc sales growth at 2,71,862 units in May

    Bajaj Auto on Tuesday reported 114 per cent growth in its total vehicle sales at 2,71,862 units in May compared to the same month
  • 1 Indian firm paying average Rs 55 lakh after ransom attack

    The survey also found that 86 per cent of Indian organisations believe cyberattacks are now too complex for their IT team to handle on their own, compared to a global average of 54 per cent.
  • Glenmark Pharma launches anti-epileptic drug in US

    Quoting IQVIA sales data for the 12 month period ending April 2021, Glenmark Pharma said the Banzel tablets, 200 mg and 400 mg market achieved annual sales of approximately USD 285.3 million.
  • GMR Hyderabad Air Cargo handles largest import consignment of Covid vaccines in India

    56.6 tonnes of Sputnik V vaccines arrive from Russia by special freighter, which touched down at Hyderabad Airport today at 03.43 hours
  • Rupee rises 8 paise to 72.54 against US dollar in early trade

    At the interbank foreign exchange, the domestic unit opened at 72.57 against the dollar
  • Sensex jumps over 250 pts in early trade; Nifty tops 15,650

    The 30-share BSE index was trading 271.72 points or 0.52 per cent higher at 52,209.16 in initial deals, and the broader NSE Nifty rose 69.70 points or 0.45 per cent to 15,652.50.
  • Traditional touch to Green Station’s DIY mango pickle kit

    City-based Green Station has been making do-it-yourself  avakai kits for five years now.
  • Non-food bank credit grows at 5.7 pc in April: RBI data

    Growth in loans to micro and small industries accelerated to 3.8 per cent in April this year as compared to a contraction of 2.2 per cent a year ago.
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