New Delhi (IANS) Hindustan Copper Ltd, which was already in dire straits due to weak performance in FY 2019-20, is in a worse situation now amid the pandemic, its Chairman and Managing Director Arun Kumar Shukla has said. He is of … read more
Mumbai (IANS) Amidst the growing chorus of ‘Vocal for Local’ and ‘Atmanirbhar Bharat’, toy industry players have thrown light at the grim reality of Indian manufacturing in the segment. The All India Toys Federation (AITF) in a statement said that the … read more
New Delhi (IANS) To shore-up market share, airline major IndiGo has launched an offer whereby passengers will be able to book two seats for a single passenger. The offer ‘6E double seat’ is available on IndiGo’s website for both passengers as … read more
New Delhi (IANS) Ride-hailing major Uber on Thursday announced the appointment of Prabhjeet Singh as President Uber India and South Asia, tasked with overseeing the next phase of growth in the companys mobility business across India, Sri Lanka and Bangladesh. The … read more
Mumbai (IANS) Reliance Jio’s new commerce platform JioMart and Whatsapp will be working closely to create growth opportunities for millions of Indian small merchants and kirana shops, Reliance Industries (RIL) Chairman Mukesh Ambani said on Wednesday. Facebook-owned instant messaging platform WhatsApp, … read more
New Delhi (IANS) The contraction rate of India’s wholesale price inflation sharply narrowed down in June on a sequential basis, official data showed on Tuesday. Accordingly, the index numbers of wholesale price showed the inflation rate of June at (-) 1.81 … read more
Mumbai (IANS) The Indian rupee has been caught in a flux of higher FDI inflows and swelling foreign exchange reserves, thereby restricting its future movement around the Rs 75 per US dollar mark. Analysts opined that the rupee is caught between … read more
New Delhi (IANS) The Enforcement Directorate (ED) has attached Rs 2,203 crore assets of Yes Bank founder Rana Kapoor, his family, Dewan Housing Finance (DHFL) promoters and others under the Prevention of Money Laundering Act (PMLA) in the Rs 3,700 crore … read more
New Delhi (IANS) The Central Board of Direct Taxes (CBDT) has notified changes in the Income Tax Act that expands the definition of the infrastructure sector and extends tax exemption to sovereign wealth funds on their investments in India. As per … read more
New Delhi (IANS) The downturn in the oil market is beginning to impact those who had a fair share in keeping it oversupplied and prices suppressed. The US shale oil producers are beginning to feel the pain of lower oil prices … read more