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Home  Business

Business

ONGC removes marketing margin but refuses to lower gas price

ONGC removes marketing margin but refuses to lower gas price

  • India smartphone shipments forecast down to 170M units in 2021

    India's smartphone market will definitely witness a significant dip of more than 30 per cent in the ongoing second quarter (April-June period) and the festive season and pent-up demand are expected to drive the market in Q3
  • PNB scam: Court issues show cause notice to Nirav Modi

    The special court had in December 2019 declared Nirav Modi a fugitive economic offender, on a plea of the Enforcement Directorate (ED), which is conducting a probe into the case.
  • Indian PC market surges to 3.1M units in Q1 2021: IDC

    Notebooks again remained the driving category with more than three-fourths share of the PC category, registering a 116.7 per cent YoY growth.
  • Blue Dart to operate experimental drones for delivery of vaccines

    The initiative is part of the ‘Medicine from the Sky’ project in collaboration with the Government of Telangana, World Economic Forum, Niti Aayog and Healthnet Global
  • Indian MRO market set to grow: Buildair

    Company to continue investing in R&D and extend its airtight technology to its large H45 and H75 inflatable hangars
  • MSN Labs enters into licensing agreement with Lilly

    The drug baricitinib has been granted a restricted emergency use approval in India by the Central Drugs Standard Control Organization (CDSCO) for emergency use in combination with remdesivir for the treatment of suspected or laboratory confirmed Covid-19
  • Tech transfer, voluntary licenses to improve vaccine supply: FICCI

    FICCI said the country has a right to invoke compulsory licenses under relevant sections of the Patents Act.
  • Ethereum founder donates $1.14bn in crypto to Covid-hit India

    Sandeep Nailwal, the man behind India Covid-Crypto Relief Fund, said that they will not "do anything which hurts the retail community involved with $SHIB".
  • BSE, NSE shut on account of Ramzan Eid

    A day earlier, the BSE S&P Sensex closed 471 points or 0.96 per cent lower at 48,691 while the Nifty 50 slipped by 154 points or 1.04 per cent to 14,697.
  • Granules to donate 16 crore Paracetamol tablets to Telangana government

    Hyderabad-based company to provide one crore tablets every week, starting today, aggregating to 16 crore tablets worth Rs 8 crores over next four months to fight the Covid-19 pandemic
  • Govt approves new PLI scheme for promoting ACC battery manufacturing

    The proposal aims to achieve manufacturing of 50 gigawatts of battery storage.
  • SLBC draws action plan for banks to operate during lockdown in Telangana

    Bank branches to adhere to the timings of four hours i.e., from 8 am to 12 noon for rendering essential services such as cash deposit, withdrawals, remittances, clearing of cheques and government business
  • Sensex skids for 2nd day as inflation worries haunt global equities

    IndusInd Bank was the top laggard on the Sensex chart, shedding 3.35 per cent, followed by HUL, ONGC, ICICI Bank, Axis Bank, Kotak Bank, M&M, UltraTech Cement and Tech Mahindra.
  • India’s fuel sales drop 9.4% in April on COVID wave

    Sales of petrol -- used in cars and motorcycles -- fell to 2.38 million tonnes in April, the lowest since August.
  • 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
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