Mumbai (IANS) Piramal Financial and Zurich Insurance, who have submitted separate bids for the general insurance business of Reliance Capital, have decided to form an equal partnership to bid for the Reliance General Insurance. According to sources, both Piramal and … read more
New Delhi (IANS) Annual Foreign Direct Investment (FDI) nearly doubled to $83 billion as ‘Make in India’, the flagship scheme of the government to facilitate investment and foster innovation, completed eight years. As per the Ministry of Commerce and Industry, … read more
Bengaluru (IANS) E-commerce major Flipkart on Friday said that it witnessed highest-ever number of concurrent users with 1.6 million users per second as it kicked off the ninth edition of its ‘Big Billion Days 2022’ festive sales, driven by shoppers … read more
Mumbai (IANS) After economic slowdown, business interruption and cash flow/liquidity risks are the two top risks for Indian companies in the coming years, a new report said on Thursday. While 83.3 per cent of Indian businesses expect the total cost … read more
Chennai (IANS) Ford India Private Ltd, which is shutting down its plant near here, has arrived at a final severance package settlement with the workers union, the company said on Wednesday. According to Ford India, as per the agreed settlement, … read more
New Delhi (IANS) On his 72nd birthday, Prime Minister Narendra Modi launched the much-awaited National Logistics Policy 2022. The policy emphasises on reduction of logistics cost, promoting seamless movement of goods and improving competitiveness of Indian goods in domestic and … read more
Chennai (IANS) City-based Indo National Ltd — the makers of Nippo brand of batteries and torches — said on Monday that its subsidiary Kineco Ltd has bagged a Rs 113 crore order for interior works for Vande Bharat trains being … read more
Markets in the week gone by had a torrid time and one heard people talking of the fact that we had de-coupled with the US Markets one more time. Fortunately, this talk of decoupling lasted a mere 24 hours and … read more
New Delhi (IANS) In order to meet the criteria for performance-linked incentive (PLI) scheme, ‘Make in India’ smartphone shipments grew 16 per cent year-on-year to reach 44 million units in the first quarter of this financial year, according to a … read more
New Delhi (IANS) Indigo flew ahead of other airlines during August with 57.7 per cent share in the domestic aviation sector, while Vistara secured the second slot with a market share of 9.7 per cent. As per the latest data … read more