Mumbai (IANS) The Indian rupee continued to depreciate for the sixth consecutive day, breached the 75 per US dollar mark amid rising cases of Covid-19 and concerns of fresh localised lockdowns. On Monday, the rupee closed at 75.05 per dollar after … read more
Mumbai (IANS) The renewables arm of Larsen & Toubro’s Power Transmission & Distribution Business has secured a turnkey EPC Contract worth Rs 5,000-7,000 crore, to set up the Sudair Solar PV Project of 1.5 GW capacity in Saudi Arabia. In a … read more
New Delhi (IANS) Automobile major Tata Motors plans to foray into CNG fuelled passenger vehicle segment in FY22. Accordingly, few of the company’s models will be offered with a factory fitted CNG kit. At present, Tata Motors provides an option to … read more
New Delhi (IANS) Resurgence of Covid infections along with re-imposition of partial travel restrictions in some major states has triggered a clamour among a section of airlines for reduction of flight capacity. Accordingly, industry insiders contend that rising cases have severely … read more
New Delhi (IANS) Diversified conglomerate GMR Group has launched a new business vertical – GMR Innovex – to support StartUps as well as innovations in aviation and other fields. “GMR Innovex will operate on an ‘Open Innovation’ model, acting as an … read more
Bengaluru (IANS) Global software major Wipro on Thursday announced buying Australia-based Ampion for $117 million (Rs 858 crore), as it provides cyber security, Dev Ops (software development and IT operations) and engineering services. “The transaction is expected to be completed during … read more
New Delhi (IANS) Embodying the ethos of ‘Responsible Luxury’, ITC Hotels, the world’s largest chain of hotels with the maximum number of LEED Platinum Certified Properties, has been accorded yet another distinction by the USGBC (United States Green Building Council), making … read more
New Delhi (IANS) The much-delayed privatisation of Air India is likely to complete in the first half of this year. Speaking at the Times Network India Economic Conclave, the Union Minister for Civil Aviation, Hardeep Singh Puri said that financial bids … read more
New Delhi (IANS) Nearly half of the companies in India are confident about their readiness to implement the new labour codes, according to Grant Thornton Bharat’s Industry Expectation Survey on New Labour Codes. The survey, released at a webinar organised by … read more
New Delhi (IANS) Most people are of the opinion that online fantasy sports classify as gambling. As per a survey by Local Circles, 67 per cent of citizens in the survey called it gambling while only 12 per cent of citizens … read more