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Home  Business

Business

Manufacturing gaining lost momentum in Q-4: FICCI survey

Manufacturing gaining lost momentum in Q-4: FICCI survey

  • Italy’s Maire Tecnimont arms, Adani Enterprises tie up to develop green hydrogen projects

    The projects will be focused on producing chemicals, ammonia and hydrogen from renewable feedstock, it added.
  • AGI glaspac invests in German technology at its Telangana plant

    Rs 55-crore investment will lead to strengthening of glass packing products manufacturing out of India
  • Audi launches new version of S5 Sportback at Rs 79.06 lakh

    Audi India has seen a growth in demand from Tier-II and Tier-III cities,  which is expected to accelerate further going forward.
  • Salesforce hires VMware veteran Parameswaran in top role

    Earlier this month, Salesforce announced to appoint Sanket Atal as Senior Vice President and Managing Director, Sites (India).
  • 3rd-party logistics shipments grew 70% in India in Q4 2020

    Online retail in India has grown more than 3 times in the last four years and is only set to be bigger in the coming years.
  • Gold drops below Rs 45K/10g, silver futures plunge

    The May contract of silver on the MCX was trading at Rs 66,170 per kg, lower by Rs 1,357 or 2.01 per cent from its previous close.
  • Rupee rises 6 paise against US dollar in early trade

    Foreign portfolio investors (FPIs) have bought close to a net USD 2.5 billion worth of Indian equities so far this month.
  • Sensex drops over 300 points in early trade; Nifty below 14,700

    PowerGrid was the top loser in the Sensex pack, shedding around 2 per cent, followed by Reliance Industries, ICICI Bank, HDFC Bank and IndusInd Bank.
  • One year of lockdown: Telangana life sciences industry shows resilience

    Soon after the outbreak, the industry quickly adapted to the supply chain needs and manpower scenario and got into making generic drugs and vaccine development.
  • Generic Aadhaar to make inroads into tier-3 cities

    Recently introduced mobile app sees 50,000 downloads; to add vernacular feature.
  • One year of Lockdown: Resilient IT sector on path to recovery

    Hyderabad: With work from home (WFH), digital transformations and new projects in hand, the Information Technology (IT) sector went through a lot of transition in the last one year of the pandemic and the eventual lockdown. However, experts opine that while a few small and mid-size companies may have seen some impact in terms of […]
  • RINL to begin commercial production of forged wheels

    Visakhapatnam-based Rashtriya Ispat Nigam Ltd (RINL) has set up a plant in Rae Bareli at a cost of around Rs 1,680 crore.
  • Global vaccine rollout to boost exports: EEPC India

    There is also a gradual recovery in global trade which will have a positive impact on the export sector in India," said EEPC Chairman Mahesh Desai.
  • Covid surge, yield spike to dampen equities

    Accordingly, market watchers, said that the upswing seen late on last Friday on account of rejig in international index weights might not sustain in the coming week.
  • Household debt soars to 37.1% of GDP

    Savings plunge 10.4% in Q2, shows RBI report.
  • Lockdown diaries: Startups developed newer business models to sustain

    While a few sectors like logistics, on-demand platforms did see a negative impact, startup founders and experts believe the agility of entrepreneurs helped them sail through the pandemic with ease
  • Future Group moves division bench of Delhi HC

    "The company has filed an appeal before the High Court of Delhi against the impugned order dated March 18, 2021 passed by Single Judge,” said Future Retail.
  • Forensic accounting standards have adequate flexibility to address unique situations: ICAI

    Institute of Chartered Accountants of India (ICAI) has issued 13 Forensic Accounting and Investigation Standards (FAIS)
  • IRDAI asks insurers to be more transparent in health insurance claims settlement

    It it essential that all insurers establish procedures to let policyholders get clear and transparent communication at various stages of claim process, Irdai said in a circular.
  • Oil giant Saudi Aramco sees 2020 profits drop to $49 billion

    Aramco said it would stick to its promise of paying quarterly dividends of USD 18.75 billion — USD 75 billion a year — due to commitments the company made to shareholders in the run-up to its initial public offering.
  • Voltas expects double-digit growth in Air Conditioner sales

    Voltas is also witnessing an increase in sales in smaller towns.
  • Coinbase to pay $6.5 million to settle CFTC trading probe

    "Reporting false, misleading, or inaccurate transaction information undermines the integrity of digital asset pricing," Vincent McGonagle, Acting Director of Enforcement at CFTC, said in a statement.
  • Gold imports slip 3.3 per cent to USD 26.11 billion in Apr-Feb

    The decline in gold imports has helped in narrowing the country's trade deficit to USD 84.62 billion during the 11-month of the current fiscal, as against USD 151.37 billion a year ago.
  • Obey the law on heir’s employment restrictions: Samsung panel

    After hours of discussion, the compliance committee concluded that Samsung Electronics should obey relevant laws and prevent any illicit activities when the company proceeds with Lee's case.
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