Business

While the MILK (Micromax, Intex, Lava and Karbonn) brands are performing good in the feature phone space, they have been decimated in the smartphone segment by the likes of Xiaomi, realme, Vivo, OPPO and others.

Skoda Auto India is targeting to sell at least 60,000 units next year as it brings new products, including those under Volkswagen group's India 2.0 project.

In the latest modification, the department of heavy industries also capped incentives for electric two-wheelers at 40 per cent of the cost of vehicles, up from 20 per cent earlier.

According to the partial data released on Friday by the NSO, the IIP (general index) stood at 126.6 points in April this year.

The country also needs to "grow the technology and leapfrog along with it", Amitabh Kant said, adding that the Union government is working in this direction.

CAIT declared that traders across the country will observe forthcoming week beginning 14th June to 21st June as "E-Commerce purification week".

The 65-year-old LIC, which is soon going for its IPO, has warned stringent legal or civil action against any person found misusing its official logo, in a post on Friday.

To develop micro-sampling method and point-of-care diagnostics for faster test turnaround

It also provides details of the person infected by Covid in the vicinity, provides contact tracing, detects cough and inform the users of Covid infection five days prior to its onset.

Hyderabad firm stated that the data from efficacy and safety follow-up of Covaxin’s phase III trial is being analysed and compiled, and it will soon make the data from the final analysis public

Tax on medical grade oxygen, oxygen concentrators, ventilators, BiPAP machines and high flow nasal cannula (HFNC) devices has been cut to 5 per cent from 12 per cent.

The company discovered the data breach after hiring consultants to "investigate unauthorised activity on an internal security system," the Wall Street Journal reported, quoting McDonald's.

The company passed through rigorous validation and is now geared up to serve businesses across 25 countries and 52 locations worldwide

Finance Minister Hong Nam-ki said the country plans to create a 500-billion won ($448 million) fund to support research and development and facility investment in the next-generation vehicle sector.

The ratings agency opined that the 47.8 per cent YoY growth in India's pharmaceutical market (IPM) during May 2021 was led by a low base effect.

Other plans with the validity of 30 days, 60 days, 90 days and 365 days have also been introduced. Jio Freedom plans will bring more options for digital life, the company said in a statement.

The benchmark Brent crude is currently close to $74 on the ICE or Intercontinental Exchange .

‘Population: One' has been a runaway hit, earning more than $10 million on the Oculus Store "after just a few months".

The SPV is formed by the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) and National Industrial Corridor Development and Implementation Trust (NICDIT), a statement from APIIC's chief engineer's office said on Friday.

Further tax relaxations will be given to investors interested in the SEZs under the CPEC, the Minister added.

Developers fear project delays due to labour shortage, financial constraints, increased construction costs, says Credai study

The Council will discuss the report of the Group of Ministers, headed by Meghalaya Deputy Chief Minister Conrad Sangma, on GST concessions on relief items.

To promote exports of textiles products, RSWM Ltd Chairman and MD Riju Jhunjhunwala suggested the government to come up with an export scheme like DEPB (duty entitlement passbook scheme) in different forms.

The company now holds 52.35 per cent of the paid-up equity share capital of Trophic Wellness Pvt Ltd (TWPL), Ipca Labs said in a regulatory filing.