Business

The bulletin cited the pandemic-imposed retrenchment of Q1FY21 turned out to be much shallower in Q2 and the economy is reflating at a pace that beats most predictions.

"Consistent with Snapdeal's focus on growing the value segment, more than 85 per cent of Snapdeal's orders were shipped to customers living outside the top 10 cities in India," the online platform noted.

Ind-Ra now expects third quarter to see contraction at 0.8 per cent and fourth quarter to print in 0.3 per cent growth as against the earlier expectation of positive numbers only in July-September 2021-22.

"Effective January 2021, Volkswagen India announces a price revision of up to 2.5 per cent across the Polo and Vento models in lieu to the rising input costs," a spokesperosn of Volkswagen Passenger Cars India said in a statement.

The registrations were on hold to facilitate the transition to the new system (Dharani) enabling increased transparency by removing discretion and ensuring 100 per cent online advance slot booking

The company has 3D printed the building of 700 square feet built-up area at its Kanchipuram facility with an in-house developed concrete mix, using indigenously available regular construction materials.

Speaking on the occasion, Akhilesh Agarwal, founder and CEO, Dru Gold said, “We at Dru Gold understand how to unlock the value from jewellery and ornaments of gold and deploy cash to empower our customers to prosper in many ways.”

In a brief note, the State Administration for Market Regulation said that it is investigating Alibaba over its "choosing one from two" policy.

The business-targeted service, named SKT 5GX Edge, provides users ultra-low latency for data-intensive services by connecting to AWS Wavelength Zones installed in SK Telecom's telecommunications offices, making it unnecessary for traffic

"In fact, the listing reveals that the new smartphone will support Hover functionality too," the report said on Wednesday.

According to a report in The Information citing people with direct knowledge of the matter, Zoom Video Communications has begun developing a web email service and "might offer a very early version of the product to some customers next year".

"Banks will focus on cash flow based lending in times to come and this has already been started by SBI," Ajay Vyas, Executive Director, UCO Bank said

"The Facebook post was made by Samsung Caribbean back in October, and it had a picture of a charging brick with the caption "Included with your Galaxy".

Speaking at the event, Union Minister of State for Education, Sanjay Dhotre said: "I believe that skilling our workforce and equipping them to meet the impending challenges will create new opportunities."

The monthly bulletin of the central bank for December said the more evidence has emerged since the last bulletin which shows that the Indian economy is coming out of the Covid-induced slowdown.

Around 10.30 a.m., Sensex was trading at 46,867.57, higher by 423.39 points or 0.91 per cent from its previous close of 46,444.18.

Association said: "We do not accept this paltry 5 per cent roll back in illegal pay cut and you may advice the concerned to donate this 5 per cent towards funds for building the Parliament or PM CARE".

The issue proceeds will be used mainly for repayment of debt. As stated in the DRHP, the company may consider a discount for eligible employees bidding for the reservation portion.

The biggest of them perhaps came to light towards the end of the year when cybersecurity company FireEye earlier this month revealing that it became a target of hackers who accessed tools

The fund plans to invest in companies that have scalable business models and are run by seasoned management.

"We affirmed the ratings because we expect Indian Bank to be able to absorb a moderate deterioration in its asset quality over the next 12 months and benefit from faster-than-expected economic recovery in India," said S&P.

EY in India currently has over 50,000 people working in all member firms, including global delivery centres.

As part of this association, SpiceXpress–the cargo arm of SpiceJet envisions providing a solution for vaccine delivery, while also creating a sustainable cold chain network.

Adding five new hospitals in next 15 months with a cumulative investment of about Rs 125 crore