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Home  Business

Business

Covid disruptions push down fuel demand in decades

Covid disruptions push down fuel demand in decades

  • Pramerica Life Insurance appoints Kalpana Sampat as MD

    With her elevation, Sampat becomes one of the three female CEOs in the Indian life insurance sector.
  • JC Flowers ARC emerges as highest bidder for Sathavahana Ispat debt

    Hyderabad-based Sathavahana is primarily engaged in the manufacturing of ductile iron pipes and crude iron
  • Lenovo Yoga Slim 7i Carbon a power-packed device in slim form

    Lenovo Yoga Slim 7i Carbon, a Windows 10 Home laptop, comes in two CPU options -- 11th-Gen Core i5 and 11th-Gen Core i7.
  • Samsung’s 1st mid-segment 5G device Galaxy M42 arriving in India

    Industry sources told IANS Galaxy M42 is tipped to be powered by Qualcomm Snapdragon 750G processor and is likely to launch in 6GB and 8GB RAM variants.
  • Rupee slumps 24 paise to 74.97 against US dollar in early trade

    Moreover, rising crude oil prices, foreign fund outflows, spiking COVID-19 cases and heavy selling in domestic equities weighed on the domestic currency.
  • Sensex nosedives over 1,400 pts in early trade; Nifty tests 14,400

    The 30-share BSE index was trading 1,427 points or 2.88 per cent lower at 48,164.32. Similarly, the broader NSE Nifty plunged 431.90 points or 2.91 per cent to 14,402.95.
  • MeruvaxPharma plans new unit in Telangana

    To set up manufacturing unit with an investment of Rs 30 crore
  • Mahindra to invest Rs 3,000 cr on EVs in next three years

    M&M is working on developing on an EV platform by combining capabilities of its operations across the globe, including Detroit and Italy
  • Inflow into gold ETFs climbs over 4-fold in FY21

    According to the Amfi data, investors put in a net sum of Rs 6,919 crore in 14 gold-linked ETFs in the just-concluded financial year, much higher than the Rs 1,614 crore invested in 2019-20
  • Amazon India launches mentor programme for startups

    Mentors from educational institutions and VC firms like Fireside Ventures, DSG Consumer Partners, Elevation Capital, Tomorrow Capital have already signed up for the programme
  • Rise in Covid cases to delay demand recovery in global oil market

    "Fresh surge in Covid cases, consequent lockdowns and slow rollout of vaccines, especially in Europe, are likely to delay demand recovery to pre-Covid levels," ICICI Securities report said
  • India to manufacture containers in Gujarat

    The initiative aimed at attaining self-reliance in container production eyes Rs 1,000 crore investment from private players and looks to create one lakh jobs
  • SBI collects Rs 300 cr from zero balance accounts for certain services in 5-yr: Study

    India's second-largest public sector lender Punjab National Bank, which has 3.9 crore BSBD accounts, collected Rs 9.9 crore during the same period.
  • DoT likely to issue guidelines for telecom PLI within week

    The DoT notified the PLI scheme for telecom and networking products on February 24, 2021, with a financial outlay of Rs 12,195 crore, over five years.
  • 72 million households worldwide to own 8K TV by 2025: Report

    According to a forecast by market researcher Strategy Analytics, sales of more than one million 8K TVs are expected in 2021 and around four million in 2022.
  • Hyderabad-based Nutraceutical startup plans expansion

    Fitday hopes to be the ultimate solution provider for those seeking a healthy and fulfilling life.
  • Investors of Franklin’s shut schemes to get Rs 2,962 crore

    This would be the second tranche of disbursement to the investors after the distribution of Rs 9,122 crore across five schemes in February.
  • Cairn offers to forego USD 500 million if India agrees to pay principal due

    The company has in talks with finance ministry officials offered to forego the interest and cost.
  • 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.
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