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Home  Business

Business

Current account surplus moderates to $15.5 bn

Current account surplus moderates to $15.5 bn

  • Vedanta says no pledge on shares

    Vedanta had on Tuesday informed stock exchanges about its promoters raising $1 billion debt by issuing equivalent notes to Citicorp International Ltd and another $400 million in notes to an entity under Oaktree Capital Group.
  • Union Bank gets shareholders nod to raise up to Rs 6,800 cr

    It would raise the fund during the current fiscal.The bank will utilise the raised capital for general business purposes, it said.
  • Sensex, Nifty extend record run on vaccine booster

    After opening strong, the stock indices gave up gains due to profit booking by investors.
  • PFRDA provides online option to subscribers to exit from NPS

    Under the current process, the NPS subscribers have to physically approach their Points of Presence (POPs) to complete their withdrawal request process and the task is performed offline, it said in a statement.
  • Travel confidence coming back: OYO

    India topped the charts for OYO as the most booked country, while Delhi clocked in the most bookings across the world for it in 2020, it said in a report 'OYO Travelopedia 2020'.
  • WhatsApp to stop working on these phones from Jan 1

    There are several Android and iOS phones that may not be able to run the app as the company will withdraw support for older versions of OS from next year.
  • Expanding services to south Indian cities: Findoc Group

    The firm has 250 franchise-based branches in states like Haryana, Rajasthan, Uttar Pradesh, Gujrat, Maharashtra, Punjab and West Bengal
  • VMware sues former COO Rajiv Ramaswami for joining Nutanix

    VMware alleged Ramaswami breached his legal and contractual duties and obligations to the company.
  • Gig marketplace Gigindia raises Rs 7.6 cr from angel investors

    Gigindia plans to use the funds in enhancing technology platform for building a larger community of gig workers
  • Cabinet approves interest subvention for ethanol distilleries

    Cabinet approved a modified scheme to enhance ethanol distillation capacity in the country for producing first-generation ethanol from feed stocks such as cereals
  • Samsung working on 4G-only foldable phone: Report

    To keep the phone's price low, the company has decided to make this affordable mode an LTE-only smartphone, which means it won't have support for the latest 5G communication technology, reports news portal Gizbot.
  • Vivo Y20 (2021) with MediaTek Helio P35 chip launched

    The smartphone features a 6.51-inch IPS LCD screen that offers an HD+ resolution of 720 x 1600 pixels and a 20:9 aspect ratio.
  • Feuji Inc founder Manohar Reddy is new president of TiE Hyderabad

    Helping startups, building global partnerships are some of the major focus areas for the year 2021, says the new elect
  • Caviar unveils gold-plated AirPods Max for around Rs 80 lakh

    Caviar said that the luxury headphones will be "released in a single piece worldwide," indicating that supplies will be limited.
  • Apple loses virtualisation copyright battle against Corellium

    The judge ruled that "Corellium's creation of virtual iPhones was not a copyright violation, in part because it was designed to help improve the security for all iPhone users".
  • Madan Pillutla named dean of Indian School of Business

    To succeed dean Rajendra Srivastava and formally take over on July 1, 2021
  • JLL Hyderabad office achieves LEED Gold certification

    As a global company, we have an inherent responsibility to drive sustainability and we are committed to deliver on it. JLL's purpose “to shape the future of real estate for a better world” is more relevant today than ever before due to these dynamic and challenging times.
  • Hyderbad-based H-Bots building new humanoid robot

    The company is primarily aiming at export markets such as Europe, rather than domestic.
  • Resilient IT sector gears up for growth opportunities

    There were concerns that the pandemic might have an impact similar to the one seen during the 2008 financial crisis.
  • Steelmakers write to PMO defending price hike

    Hot-rolled coil prices have increased by 46 per cent to Rs 52,000 per tonne in November as compared to Rs 37,400 per tonne in July this year.
  • CEPI, Biological E to advance development of Covid-19 vaccine

    CEPI will initially contribute up to $5 million towards the cost of scaling up the process for manufacturing the vaccine
  • Phase-II of Air India disinvestment to start Jan 5

    In the stage II, shortlisted interested bidders will be provided with a request for proposal (RFP) and thereafter there will be a transparent bidding process, said a presentation by the ministry.
  • MyClassboard raises Rs 45 crore from ICICI Bank

    Ajay Sakhamuri is the founder and CEO while Ravindra Adusumilli is the Co-Founder and CTO.
  • Auto parts industry revenue to grow 16-18% in FY22

    Volumes of the automotive industry will take 2-3 years to revert to the pre-COVID-19 highs.
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