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Home  Business

Business

Auto industry braces for more chip shortages

Auto industry braces for more chip shortages

  • GST collections top Rs 1 lakh cr since Oct 2020

    "The GST collection during the period has been higher than the collection in the same period last year," Minister of State for Finance and Corporate Affairs Anurag Thakur said.
  • India has 100 unicorns valued at $240 bn: Credit Suisse

    Unicorns, or startups valued at over $1 billion, are across industries, beyond technology and tech-enabled sectors as well, like pharmaceuticals, and consumer goods.
  • Discoms get Rs 46,000 cr under liquidity package

    "So far, loans of Rs 1,35,497 crore have been sanctioned and Rs 46,321 crore have been released to States/Discoms by REC and PFC," Power Minister R K Singh.
  • Gas price for ONGC to go up marginally

    ONGC is likely to inch up marginally to $1.82 next week while the same for difficult fields like one operated by Reliance-BP may fall below $4, sources said.
  • Basic customs duty on solar cells to push tariff upwards: Ind-Ra

    "The imposition of basic customs duty (BCD) on solar cells and modules with effect from April 1, 2022 will lead to an increase in solar tariffs on account of a rise in the overall project costs," Ind-Ra said.
  • Cancer Clinics gets funding from Axilor, others

    Cancer Clinics co-founder Sonali Srungaram says that there is an increasing demand for patient-centric oncology solutions and we are making them accessible.
  • ISB students get 1,145 offers; average CTC pegged at Rs 28.2 lakh

    The top industries in terms of offers were consulting, IT/ITES/Technology, BFSI, FMCG/retail and pharma/healthcare.
  • Gold gains Rs 116; silver declines Rs 117

    In the international market, both gold and silver were trading flat at USD 1,738 per ounce and USD 25.53 per ounce, respectively.
  • Cancer Clinics raises pre-Series A funding from Axilor, others

    Hyderabad-headquartered comprehensive cancer care provider expects to close Series A funding in the second half of 2021
  • Jaguar’s new EV I-Pace launched in India

    Available in three variants, the S variant is priced at Rs 1.05 crore, while the SE is Rs 1.08 crore and HSE is for Rs 1.12 crore.
  • Adani Ports to acquire 58.1% in Gangavaram port

    The acquisition is valued at Rs 3,604 crore and subject to regulatory approvals.
  • 3 in 4 workers want flexible remote work to continue: Microsoft

    Remote job postings on Microsoft-owned LinkedIn has increased more than five times during the pandemic.
  • Rupee rises 3 paise against US dollar in early trade

    Global oil benchmark Brent crude futures fell 0.94 per cent to USD 64.01 per barrel.
  • Sensex surges over 300 points in early trade; Nifty above 14,800

    IndusInd Bank was the top gainer in the Sensex pack, rising around 2 per cent, followed by Axis Bank, HDFC Bank, ICICI Bank, UltraTech Cement and Maruti.
  • IndianOil battery JV to address import dependency

    JV entity IOC Phinergy to set up GW scale aluminum-air system manufacturing facility
  • FinMin asks Sebi to address issues that led to NSE outage

    Foreign Portfolio Investors (FPIs) had made a net investment of Rs 2,332 crore on February 24, 2021.
  • Renewable electricity needs to grow 55-fold to achieve zero emission in India

    It highlighted that India will need to reach peak emissions within this decade if it were to achieve net-zero emissions by mid-century, a pace of transition, unlike anything the world has seen before.
  • Parliament passes insurance amendment bill to raise FDI limit to 74%

    The FDI limit in the insurance sector, the minister said, has increased significantly after the government decided to raise the cap from 26 per cent to 49 per cent in 2015.
  • Maruti Suzuki India shortlists 3 new startups under innovation initiative

    MSI had launched the MAIL initiative in partnership with GHV Accelerator in January 2019.
  • Sebi invites applications for internship in IT department

    Such projects will provide an exceptional opportunity to the interns to apply their IT and data analytics skills while gaining valuable exposure to the functioning of the Indian capital markets.
  • Future-Amazon: HC stays recent order upholding emergency award

    The court was approached on the grounds that the asset sale violated a contract that Kishore Biyani entered with Amazon.
  • Havells expects to continue growth momentum in fans business

    Expanding its portfolio of the fan segment, Havells on Monday launched India's first ceiling fan that comes equipped with a 3-stage air purifier which filters PM 2.5 and PM 10 pollutants.
  • True Balance raises USD 10 million debt fund

    The investment has come from Northern Arc and other investors from India and Korea for its lending arm, True Credits to support the company's growth, a statement said.
  • Airtel panel approves preferential allotment of 36.4 million shares to LMIL

    Airtel had earlier stated that Bharti Telemedia transaction will be discharged primarily via issuance of about 3.64 crore equity shares of Airtel at a price of Rs 600 per share and up to Rs 1,037.8 crore in cash.
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