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Home  Business

Business

Reliance, BP commit to pay for any shortfall in KG-D6 production to buyers

Reliance, BP commit to pay for any shortfall in KG-D6 production to buyers

  • Tesla almost touched 5 lakh vehicle delivery goal in 2020

    ''In 2020, we produced and delivered half a million vehicles, in line with our most recent guidance. In addition, Model Y production in Shanghai has begun, with deliveries expected to begin shortly," the company said
  • ‘”One-size-fits-all approach” does not work for digital markets’

    Competition Commission of India (CCI) has been closely watching digital markets and also came out with a detailed study on e-commerce space, among other initiatives.
  • S Korea to invest $5.3bn into science, ICT R&D in 2021

    The earmarked amount is a 12 per cent rise from 2020 and focuses on basic scientific research as well as new technologies, such as artificial intelligence (AI) and 6G wireless networks.
  • New supply of office space down 30-35% in 2020 amid pandemic: Reports

    New office space supply was less impacted than the demand, which fell by around 45-50 per cent with corporates deferring their expansion plan and adopting work-from-home policy for employees.
  • Jain Housing raises Rs 175 crore from Nippon Life and Apollo Global

    The funds would be utilised to reduce the city-based company's existing debts, joint managing director Sreyansh Mehta said.
  • Aiming India sales this year to be over 2019 levels: Lamborghini

    The company is hoping that there is no change in the tax structure in the upcoming Budget to let the segment come back to normal growth trajectory and it believes that any increase would "hit the segment very negatively".
  • Discoms’ outstanding dues to power gencos rise 35 pc to Rs 1.41 lakh cr

    The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms.
  • ‘Macro data, vaccination news, quarterly earnings to drive markets’

    The past week saw the benchmark indices Sensex and Nifty hitting record levels on a daily basis, buoyed by positive global trends and news around rollout of coronavirus vaccination.
  • Covaxin emergency use authorisation approval a significant landmark: Dr Ella

    While this vaccine addresses an unmet medical need during this pandemic, our goal is to provide global access to populations that need it the most. Covaxin has generated excellent safety data with robust immune responses
  • Exports by STPI units in Q3 FY21 estimated at Rs 1.20 lakh crore: DG

    This is 11.7 per cent higher than around Rs 1.07 lakh crore worth of exports clocked by STPI-registered units in the corresponding period previous fiscal.
  • FPIs invest record Rs 62,016 crore in equities in December

    For the equity segment, this is the highest quantum of money invested ever since the FPI data has been made available by the National Securities Depository Ltd.
  • Samsung likely to report $9bn in operating income in Q4 

    Samsung, also the world's largest smartphone vendor, is likely to report an operating income of 9.74 trillion won ($8.95 billion) during the fourth quarter of last year, up 36.8 per cent from a year earlier.
  • Seven firms add Rs 75,845 cr in cumulative m-cap; HDFC twins top gainers

    Apart from HDFC duo, Tata Consultancy Services (TCS), Infosys, Kotak Mahindra Bank, ICICI Bank, and Bajaj Finance were other gainers
  • Telangana setting benchmarks with AI-driven govtech projects

    Declaring 2020 as the Year of AI, the State led several initiatives with applications ranging sectors such as healthcare, e-governance, agriculture, surveillance and many more
  • Telangana: Prototype State for agri digital revolution

    These insights can be used to adequately plan bio-inputs, farm mechanisation, disbursements of subsidies and procurement.
  • TS excels in AI with actionable policy

    State government launches 2020 Year of AI success report showcasing all-round progress
  • PFC raises borrowing limit to Rs 1.18 lakh crore

    "The borrowing plan for FY21 has been revised from Rs 90,000 crore to Rs 1,18,000 crore to accommodate the moratorium granted to borrowers as per RBI guidelines," a statement issued by PFC on Friday said.
  • Railways registers record freight load, earnings in Dec’20

    In December last year, freight load totalled 118.13 million tonnes compared to 108.84 million tonnes in 2019, the Railways said in a statement
  • Airtel writes to DoT, says Jio’s charges against it baseless, outrageous

    Airtel noted that a similar allegation had been levelled by Jio in a letter to the telecom regulator earlier in December to which the company had responded.
  • Garment sector hopeful of achieving growth in 2021: ITF

    The sector can make 2021 a year of progress by focusing on USA for apparels, as the textile industry had benefited from the volumes in the market in the first 10 months of 2020, ITF convenor Prabhu Dhamodharan said
  • 6.03 crore GST e-invoices generated in Dec 2020

    The government had made it mandatory for businesses with turnover of over Rs 500 crore to generate electronic invoice or e-invoice for B2B transactions, from October 1, 2020.
  • New Year OPEC+ meeting to decide production levels

    The OPEC+ ministerial meeting comes after oil consumption tanked in 2020 due to the Covid-19 pandemic and a price war between Saudi Arabia and Russia.
  • Franklin Templeton’s shut funds receive Rs 13,120 Cr so far

    Further, five out of the six schemes have already turned and have close to Rs 8,527 crore available to return to unit holders, subject to fund running expenses.
  • SEBI imposes fine on Mukesh Ambani, RIL for ‘manipulative trading’

    It also observed that Mukesh Ambani being the Chairman & Managing Director of RIL, was responsible for its day-to-day affairs and thereby, liable for the "manipulative trading" done by RIL.
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