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Home  Business

Business

India’s fuel sales drop 9.4% in April on COVID wave

India’s fuel sales drop 9.4% in April on COVID wave

  • Maruti Suzuki extends free service, warranty period amid COVID-19

    The extension would be applicable to the free service and warranty period expiring between March 15, 2021, to May 31, 2021, the company said in a statement.
  • Samsung, Sony, Hitachi invest in UK healthtech firm Huma

    Leaps by Bayer and Hitachi Ventures led the Series C funding round, which also saw strategic and financial investors like Samsung Next, Sony Innovation Fund by IGV, Unilever Ventures and HAT Technology & Innovation Fund by HAT
  • Apple stopped over $1.5B in potentially fraudulent transactions in 2020

    In 2020, nearly 1 million problematic new apps, and an additional nearly 1 million app updates, were rejected or removed for a range of reasons like those.
  • Passenger vehicle sales in India dip 10 pc in April: SIAM

    Passenger vehicle sales in March 2021, stood at 2,90,939 units.
  • Samsung researcher to lead largest working group in 3GPP

    Seoul, Samsung Electronics,researchers,global mobile telecommunication,wireless communications sector,
  • Fuel prices up 25 paise; Bhopal, Indore join cities with Rs 100/litre petrol

    In Delhi, petrol now comes for Rs 92.05 per litre and diesel is priced at Rs 82.61.
  • Rupee falls 17 paise to 73.51 against US dollar in early trade

    At the interbank foreign exchange, the domestic unit opened lower at 73.51 against the dollar, registering a fall of 17 paise over its previous close.
  • Sensex tanks over 400 pts in early trade; Nifty drops below 14,750

    The 30-share BSE index was trading 403.16 points or 0.82 per cent lower at 48,758.65 in initial deals.
  • Dr Reddy’s enters into voluntary licensing agreement with Eli Lilly

    To manufacture and commercialise baricitinib in India, approved for use in combination with remdesivir for the treatment of suspected or laboratory confirmed Covid-19 in hospitalised adults
  • Nomura cuts FY22 growth estimate to 10.6 per cent

    Revises growth forecast from 12.6% to 10.8% owing to lockdowns
  • Flipkart to add 8 lakh sq ft warehousing space

    The additional fulfilment centre capacity will help Flipkart cater to over 73,000 grocery orders per day
  • Granules India Q4 net profit up 38 per cent

    Consolidated revenue from operations of the company stood at Rs 799 crore for the quarter under consideration
  • CCI approves restructuring of IBM

    IBM Corporation/ Seller) plans to spin off its global MIS Business into a new public company, within the framework of an International corporate internal re-organisation
  • Deals touch a decadal high in April

    The total value of the transactions in April stood at over $13 billion, the report by Grant Thornton, a consultancy, said, pointing out that domestic M&A transactions led the pack by reporting over 30 transactions aggregating to $5 billion
  • TSIC signs MoU with Kautilya School of Public Policy

    Appoints Kautilya as the research partner to understand social innovation business models to aid informed decision making
  • Google stepping up Covid response efforts

    Tech major is providing financial backing for affected communities, health authorities and non-profit organisations in India
  • Inflow in equity mutual funds drop to Rs 3,437 cr in April

    Equity schemes had consistently witnessed outflow for eight straight months from July 2020 to February 2021.
  • Fuel prices rise again; petrol above Rs 100-mark in MP, Maha & Raj

    Petrol price was hiked by 27 paise a litre and diesel by 30 paise per litre
  • Hindustan Unilever to provide 4,000 oxygen concentrators to India

    Under its ‘Mission HO2PE', HUL will send 4,000 concentrators to the worst affected cities which includes Delhi, Lucknow, Bangalore etc, the FMCG major said in a statement.
  • JSW Steel production in April at 13.7 lakh tonnes

    The company said its capacity utilisation was lower sequentially in April due to priority in supply of liquid oxygen.
  • Rupee falls 18 paise to 73.53 against US dollar in early trade

    At the interbank foreign exchange, the domestic unit opened lower at 73.47 against the dollar
  • Sensex tanks over 450 pts in early trade; Nifty slips below 14,800

    The 30-share BSE index was trading 470.10 points or 0.95 per cent lower at 49,032.31 in initial deals.
  • Alliance Insurance to strengthen B2B offerings

    Aatur Thakkar, co-founder of Alliance Insurance Brokers, shares the niche opportunities the company sees in the insurance space
  • HSIL Q4 net profit up multi-fold

    Company’s total income went up by 36.3% to Rs 638 crore year-on-year basis, compared to Rs 468 crore during the corresponding quarter of the previous year
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