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Home  Business

Business

Covid woes resurface; investors lose Rs 3.53 lakh crore

Covid woes resurface; investors lose Rs 3.53 lakh crore

  • Supreme Court stays proceedings in Amazon-Future case

    Amazon had moved the apex court on April 8 challenging the Delhi High Court's division bench order that had vacated a stay on Kishore Biyani-led Future Group.
  • P&G commissions solar plant in Hyderabad

    Makes it the first site in India and only the fifth site globally to house a solar plant
  • Gold jumps Rs 411; silver gains Rs 338

    The Indian rupee slumped 52 paise to 74.87 against the US dollar in opening trade on Monday.
  • OPPO brings A54 smartphone in 3 variants to India

    OPPO A54 with 4GB RAM + 64GB ROM will cost Rs 13,490, the 4GB RAM + 128GB ROM variant will be available for Rs 14,490 and the and 6GB RAM + 128GB ROM model will cost Rs 15,990.
  • Siemens to use Google Cloud to improve shop floor productivity

    "The potential for artificial intelligence to radically transform the plant floor is far from being exhausted. Many manufacturers are still stuck in AI ‘pilot projects' today, we want to change that," said Axel Lorenz
  • AB InBev adopts renewable energy at Telangana facility

    Replaces 18 per cent of its electricity with solar power at Crown brewery in the State, following similar efforts at Mysore and Aurangabad facilities
  • Rupee slumps 52 paise to 74.87 against US dollar in early trade

    In the domestic equity market, the 30-share BSE benchmark Sensex was trading 1,189.83 points lower at 47,642.20.
  • Fintech unicorn Razorpay raises $160 million, takes valuation to $3billion

    With this, Razorpay that became a unicorn in October last year has tripled its valuation in under six months.
  • Sensex crashes over 1,300 points; Nifty below 14,300

    Bajaj Auto was the top loser in the Sensex pack, dropping over 5 per cent, followed by IndusInd Bank, SBI, ICICI Bank, Bajaj Finance and Axis Bank.
  • GST officers to be soon armed with real-time data on vehicles moving without e-way

    The tax officers would also be provided analysis reports on identifying e-way bill EWB with no movement of goods as it would help officials identifying cases of circular trading
  • Future Retail board, lenders approve debt restructuring plan

    It now requires the approval of the expert committee, under the chairmanship of the K.V. Kamath constituted by the Reserve Bank of India.
  • Prepare for greater uncertainty: Niti Aayog vice-chairman

    Consumer as well as investor sentiments likely to be hit as the situation has turned far more difficult
  • IT Exports by STPI units touch Rs 5 lakh crore in FY21

    As per preliminary data by the Software Technology Parks of India (STPI), exports by these units are estimated to be 5.01 lakh crore in the just-concluded fiscal.
  • Gold imports rise by 22.5pc to $34.6 billion in 2020-21

    Silver imports during the last fiscal, however, dipped by 71 per cent to about USD 791 million.
  • Godrej Appliances to increase indigenization

    "We expect around 15-20 percent growth (in value terms) in the AC market this year in comparison to 2019, "Godrej Appliances Business Head Kamal Nandi said.
  • Airtel Payments Bank increases day-end balance limit to Rs 2 lakh

    The RBI's decision to increase the balance limit is an endorsement of the role Payments Banks have in furthering financial and digital inclusion in India.
  • Samsung Galaxy A22 4G pops-up at BIS India: Report

    According to GSMArena, a certain SM-A225F was recently spotted on the Bureau of Indian Standards (BIS) website.
  • Medtronic eyes manufacturing in India

    Hyderabad among preferred locations owing to its ecosystem, talent availability, and investor-friendly government policies, says India chief
  • Jos Alukkas ropes in new brand ambassador

    Keerthy Suresh unveiled an exclusive new Parampara collection for Jos Alukkas.
  • Govt notifies Rs 6k cr PLI scheme for AC, LED light manufacturing

    PLI scheme for white goods will extend an incentive of 4-6 percent on incremental sales of goods manufactured in India for a period of five years
  • Crude to be around $60 a barrel in 2021

    The expectation for the crude was that it may surge in 2021 on the back of economies recovering as vaccinations tamed the spread of Covid-19.
  • USTR discusses TRIPS waiver proposal

    The TRIPS Agreement is a minimum standards agreement, which allows members to provide more extensive protection of intellectual property if they so wish.
  • LG, GM to build $2.3 billion EV battery factory in US

    "With the joint venture's factory construction, LG Energy Solution has secured additional EV battery production capacity in the U.S. and will actively target the rapidly growing U.S. EV market," LG Energy said
  • SpaceX wins $2.9bn NASA contract to build moon lander

    The contract is worth $2.9 billion and is part of NASA's Artemis programme, which aims to return astronauts to the moon by 2024 as a stepping stone to the first human mission to Mars, DPA news agency reported.
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