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Home  Business

Business

Cairn offers to forego USD 500 million if India agrees to pay principal due

Cairn offers to forego USD 500 million if India agrees to pay principal due

  • India’s power consumption grows nearly 47pc in the first week of April

    Power consumption in the first week of April last year (from April 1 to 7, 2020) was recorded at 19.33 BU.
  • EV policy needs to be rejigged to make it more effective: Hero Electric

    Under the FAME-II scheme, which was launched in April 2019, the plan was to put at least 10 lakh high-speed electric two-wheelers on the road by March 2022.
  • Hyundai looks to log in double-digit sales growth in 2021

    Hyundai had sold 5,50,002 units in 2018, 5,10,260 units in 2019 and 4,23,642 units last year in the domestic market.
  • Govt may hike FDI limit in pension sector; Bill likely in monsoon session

    FDI limit in the pension sector to be up by 74 percent.
  • Lenovo leads global PC market in Q1 2021, HP 2nd

    HP Inc was second with 22.9 per cent PC market share, followed by Dell Technologies at 15.4 per cent share.
  • 3 iPhone 12 phones contribute to 71% of Apple sales in Jan

    The Apple iPhone 12 led the list followed by the iPhone 12 Pro and iPhone 12 Pro Max, according to Counterpoint Research's ‘Market Pulse' report.
  • Facebook spent Rs 171 cr on Zuckerberg’s security in 2020

    "He is synonymous with Facebook, and as a result, negative sentiment regarding our company is directly associated with, and often transferred to, Mr. Zuckerberg," read the statement.
  • Australia suspends Apple-Epic case as battle shifts to US

    According to Gizmodo Australia, Apple had asked for a permanent stay of the case in Australia, arguing that the US and Australia cases were very similar.
  • LG, SK reach last-minute settlement in US battery dispute

    The US International Trade Commission (ITC) in February sided with LG in a trade secret case and issued a 10-year import ban on SK, while temporarily allowing shipments of battery components for Ford
  • WheelTug to improve airline efficiency

    Company’s technology to help transform the aviation sector through dependable departures and better aircraft utilization
  • Centre may revisit bank recapitalization plan for PSBs

    The Budget allocated Rs 20,000 crore towards the recapitalization of PSBs to help them consolidate their financial capacity.
  • India needs to grow faster to make up for contraction: IMF

    The IMF deputy chief economist, Petya Koeva Brooks also made a strong case for an additional economic stimulus to address the impact of the pandemic on the country's economy.
  • ‘Economic activity consolidated in a steady zone in March 2021’ says PHDCCI

    PHD Chamber had projected more than 1 percent growth rate of GDP in Q4 FY 2020-21.
  • South Indian Bank’s Q4 total deposits dip

    Current account and savings account (CASA) deposits were up by 18 percent to Rs 24,590 crore as of March 2021.
  • Toll road revenues to grow: ICRA

    Accordingly, this growth will be achieved on a low base following an estimated de-growth of 5-7 percent in FY21.
  • E-commerce to accelerate auto sector growth

    India's automobile market is estimated to grow more than '2.3X' from $222 billion currently to $512 billion by 2026.
  • Ambuja Cement to expand capacity

    At present, it has a cement capacity of 29.65 million tonnes with five integrated manufacturing plants and eight grinding units across the country.
  • Govt approves Rs 726 cr highway projects in Madhya Pradesh

    These projects are for building 291 km of highways in the state.
  • Google Pixel 5a 5G to launch in US, Japan later this year

    According to two sources familiar with the matter, Android Central came to believe that the Google Pixel 5a 5G was cancelled in its entirety.
  • Mutual fund assets gain 41 pc at Rs 2.09 lakh crore in FY21: Crisil

    Crisil said the open-ended debt fund category saw net outflows of Rs 52,528 crore this March, the highest net outflow seen since Rs 1.95 lakh crore in March 2020.
  • Apple likely to use 120Hz ProMotion display in ‘iPhone 13’ lineup

    Citing "industry sources," supply chain monitor DigiTimes claims that Samsung and LG are converting iPhone-only production lines to LTPO tech production.
  • Pharmaceutical market rebounds in March at 10.3 pc: Ind-Ra

    The growth was attributed to acute therapy products primarily in anti-infective, gastro and vitamin segments.
  • IMF, World Bank urged to ensure timely delivery of Covid vaccines across nations 

    The panel noted that the COVID-19 pandemic has caused unprecedented public health, economic and social crisis, threatening the lives and livelihoods of millions.
  • Vivo X60 Pro+ revitalises mobile photography among flagships

    The smartphone brand, the third largest in India after Xiaomi and Samsung with 18 per cent market share in 2020 (according to the IDC), has now brought its flagship X60 series with three devices to India
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