Mumbai (IANS) Relentless profit booking, along with mixed corporate results, subdued India’s key equity indices on Friday. Besides, high valuations as well as inflationary concerns and mixed global cues dented investors’ sentiments. Initially, the two key indices — S&P BSE Sensex … read more
Mumbai (IANS) A virtuous cycle, supported by strong capex and productivity, is taking off in India, a Morgan Stanley research report said on Wednesday. Strong rates of growth, coupled with benign macro stability risks, set a positive backdrop for the ratio … read more
London (IANS) Adani Group Chairman Gautam Adani said that policies to manage and overcome the climate change crisis must be equitable and pragmatic. Speaking to business leaders on the sidelines of the UK’s Global Investment Summit at the London Science Museum, … read more
New Delhi (IANS) Luxury car maker Mercedes-Benz India expects to cherish the festive season 2021 with an accelerated rise in demand on the back of newer products as well as improving economic situation. Accordingly, the luxury car maker has already witnessed … read more
Mumbai (IANS) Still to be lauched airline Akasa Air said on Monday that it has received a ‘no objection certificate’ (NOC) from the Ministry of Civil Aviation. The development assumes significance as Akasa Air plans to offer flights across India starting … read more
New Delhi (IANS) India has till date operationalised 381 air routes under the regional connectivity scheme ‘Ude Desh Ka Aam Nagrik’ or RCS-Udan. The scheme was launched in 2016. Under it, airlines are provided with a ‘Viability Gap Funding’ to … read more
New Delhi (IANS) Luxury car manufacturer Mercedes-Benz India on Thursday rolled out the all-new ‘Made in India’ S-Class. As per the company, the new vehicle has been priced at Rs 1.57 crore for ‘S 350 d’ and Rs 1.62 crore for … read more
New Delhi (IANS) To give a boost to the employment intensive textile sector, the Union cabinet on Wednesday approved the setting up of seven mega integrated region and apparel (PM MITRA) parks. Accordingly, these seven parks have been allotted a total … read more
New Delhi (IANS) Union Agriculture Minister Narendra Singh Tomar on Tuesday asserted that the government’s decision to make major interventions in the northeastern states for oil palm promotion will turn them into oil palm hubs of the country. Emphasising on equal … read more
New Delhi (IANS) Microchip shortage along with high fuel prices heavily dented major automobile manufacturers’ September sales on a year-on-year basis. The semiconductor or microchip shortage has impacted the industry’s production levels, extending the waiting period besides escalating prices. Major automobile … read more