Business

Plans to foray into rail and coastal shipping, moving beyond road transport

The companies include iPhone maker Apple's contract manufacturers Foxconn Hon Hai, Wistron, and Pegatron, apart from Samsung and Rising Star.

The company, through its ongoing virtual hiring process, has already made around 250 offers in the recent hiring season at premium education institutes

The automaker, which remains cautiously optimistic about its sales outlook in the country next year, noted that reduction in cess would help the luxury car segment in India attain critical mass in terms of volumes.

Besides, prices of TV panels (Opencell) have also gone up by over two-folds due to short supply by the global vendors, while cost of plastic has also gone up due to rise in crude oil prices, said manufacturers. 

CBIC had last week amended rules to make it mandatory for businesses with monthly turnover of over Rs 50 lakh to pay at least 1 per cent of their GST liability in cash.

Reliance Industries Ltd (RIL), TCS, Hindustan Unilever Ltd (HUL), Infosys, Kotak Mahindra Bank and Bharti Airtel were the six winners on the top-10 chart

Now, they all are available round-the-clock with RTGS getting offered 24/7 in the second week of December.

Full-stack supply chain platform uses AI and ML to trace and grade food grains for farmers

Coming from a family that has been into the garment segment for more than three decades, this 22-year-old observed how fashion was negatively impacting the environment and wanted to do something about it.

The issue price of the bond in the scheme which opens on December 28 is Rs 5,000 per gram.

On the other hand, India's forex reserves continued to rise, indicating, an active Reserve Bank which has kept rupee in a check, to make exports competitive.

The new has caused global anxiety with several countries suspending flight services to the UK, where it was discovered.

Based on the recommendations of the GST Law Committee, the government has notified new indirect tax rules that makes cash payment of 1 per cent of GST tax liability mandatory for businesses whose taxable supply value exceeds Rs 50 lakh.

When the pandemic started spreading across the country, all scheduled international flights and domestic passenger flights were suspended from March 23 and March 25, respectively.

"Such companies are likely to have reduced cost of steel production by around Rs 1,800 per tonne YoY in 2HFY21, supported by the reduced cost of coking coal per tonne of around Rs 7,300," Ind-Ra said in a report.

"Coast guard was looking for advanced automatic cognitive decision-making solutions for any kind of threat or intrusion in the sea 24x7 through multiple media like email, WhatsApp message and hooter/buzzer," said Monu Kumar, CEO, CronJ.

"The next chapter of the cloud demands the power to quickly innovate and respond to changing market and client demands- build once and deploy anywhere," Natarajan told

Naveen Kumar from Sai Mitra Constructions, Hyderabad emerged as national champion. He won the grand prize of Rs 2, 50,000 and took home the coveted Tata Crucible trophy.

India had overtaken the UK in 2019 to become the fifth largest economy in the world but has been relegated to 6th spot in 2020

Electric vehicle sales, especially two-wheleers, likely to see positive movements

RIL said it will buy IMG Worldwide's 50 per cent stake in IMG-Reliance Ltd (IMG-R) for no more than Rs 52.08 crore in cash

The report noted that the growth may come on the back of an improving economic sentiment supported by policy reforms and growth in key emerging sectors

However, IKEA India saw its net sales grow 64.68 per cent to Rs 566 crore in FY 2019-20 from Rs 343.7 crore in the previous fiscal