Industry

Amazon rolls out ‘Where can I get a COVID vaccine?’ ability for Alexa

Alexa will also answer questions about vaccine availability and eligibility requirements for more than 85 countries.

COVID vaccine, Amazon Alexa

Mukesh Ambani buys Britain’s iconic country club Stoke Park for 57 million pounds

Billionaire Mukesh Ambani's Reliance Industries Ltd has bought Britain's iconic country club and luxury golf resort, Stoke Park, for 57 million pounds (about Rs 592 crore).

Indian Oil refineries operating at 95% capacity, say sources

Indian Oil Corp Ltd's (IOC) refineries are operating at about 95% of their capacity, down from 100% at the same time last month, two sources familiar with the matter told Reuters.

Indian Overseas Bank appoints E&Y as digital consultant

IOB said the consultant has been appointed as part of its growth strategy and to transform its banking services into a digitalised form.

The consultant would help the bank stay more focused on leveraging and adopting new technologies while helping in enhancing the quality of service and delivery to its customers. fe bureau

Housing demand is here to stay: HDFC chairman Deepak Parekh

Parekh said the Prime Minister Awas Yojana, under which an estimated 11.3 million home loans have been sanctioned, has been a game changer for the housing sector as the ultimate objective is to build

It is structural in nature and unlikely to dissipate soon, Housing Development Finance Corporation (HDFC) chairman Deepak Parekh said on Thursday.

SC agrees to hear Vedanta’s plea to open Tuticorin plant for oxygen production

Solicitor general Tushar Mehta also supported reopening of the Vedanta’s copper plant for production of oxygen.

“There is almost a national emergency and you (TN) don’t put spokes in the solution. We will hear it (Vedanta) tomorrow (Friday),” the CJI said.

Federal Bank partners with neobank Fi to issue a savings account

The partnership will enable to issue a savings account, equipped with a debit card, in under three minutes.

The partnership will enable to issue a savings account, equipped with a debit card, in under three minutes.

Calcutta High Court dismisses pleas against MP Birla Group chairman Lodha

The verdict of the division bench of the high court on Thursday “cleared the decks” for Harsh Vardhan Lodha to continue as the chairman of all companies of the MP Birla Group, said Lodha’s advoc

The bench, comprising chief justice Thottathil B Radhakrishnan and justice Shampa Sarkar, passed a “landmark judgement” dismissing several contempt petitions filed against Lodha for continuing as a director and chairman in Birla Corporation, Universal Cables, Vindhya Telelinks and Birla Cable, four listed group companies, according to a statement issued by the Lodhas.

Vedanta seeks to open Sterlite’s oxygen unit to boost supply

Sterlite Copper in Tuticorin, which was shut down in May 2018 due to environmental issues, has one of the country’s largest oxygen plant. Two other Vedanta Group companies, Hindustan Zinc (HZL) and

Sterlite Copper in Tuticorin, which was shut down in May 2018 due to environmental issues, has one of the country’s largest oxygen plant.

Nashik-based York Winery to merge with Sula Vineyards

Ravi Gurnani, director, York Winery, did not go into details of the merger, but said the York brand will continue to grow. “The merger will give our brand a wider distribution reach and expand our m

“Sula will be able to expand our hospitality operations across the road to our neighbour York, thus boosting Nashik’s wine tourism offerings. And there are synergies to be had from combining some operations. Consumers benefit from seeing more York brands on more shelves across the country, expanding consumer choice. It’s a great fit overall,” Samant said.

Scarcity of raw jute forces four mills in West Bengal to halt ops, more may follow

Deputy jute commissioner Koushik Chakraborty told FE that the orders specifying the amount that every jute mill should hold, actually intends to equitably distribute raw jute among millers when availa

IJMA director Debashish Roy said while some jute mills have more stock of high quality raw jute and less stock of low quality raw jute some have just the reverse. The imbalance in stock is either disenabling the millers to produce sacks or to produce hessian fabric. (File image)

COVID-19 vaccination: Vaccinate banking staff on priority basis, Finance Ministry tells states

COVID-19 vaccination: The Committee placed on record the good work done by banking sector and has also recognised bankers as COVID-19 warriors, it said.

COVID-19 vaccination: Vaccinate banking staff on priority basis, Finance Ministry tells states

CLCSS: Small businesses supported in FY21 under technology upgradation scheme highest in five years

Credit and Finance for MSMEs: Gujarat, Maharashtra, and Punjab were the states with the highest number of MSE beneficiaries under CLCSS. Overall, 45,214 MSE units were supported between FY17 and FY21

Criteo’s report suggests that 55% of marketers are likely to increase their advertising budgets on retail websites/apps in 2021

Lenders to Kishore Biyani’s Future Group to withdraw debt recast if RIL deal goes through

Lenders of Future Retail last week agreed to extend repayment of loans by up to two years, while converting unpaid interest into a funded interest term loan. The penal charges too will be waived under

Lenders to Kishore Biyani's Future Group to withdraw debt recast if RIL deal goes through

Torrent to set up 300 MW solar project in Gujarat, signs PPA at Rs 2.22 per unit

Torrent Power is a Rs 13,641 crore integrated power utility of the Rs 21,500 crore Torrent Group. It has presence across the entire power value chain -- generation, transmission, and distribution.

Torrent to set up 300 MW solar project in Gujarat, signs PPA at Rs 2.22 a unit

MPC minutes: Jump in COVID cases, lockdowns add uncertainty to growth outlook, says RBI Governor Shaktikanta Das

"The need of the hour is to effectively secure the economic recovery underway so that it becomes broad-based and durable," the Governor said during the three-day meeting of the Monetary Policy Committ

MPC minutes: Jump in COVID cases, lockdowns add uncertainty to growth outlook, says RBI Governor Shaktikanta Das

Over 82% small businesses had negative Covid impact; lack of market access top challenge: Survey

Covid impact on MSMEs: India has a base of around 6.33 crore MSMEs out of which 6.30 crore (over 99 per cent) are micro-enterprises while 3.31 lakh (0.52 per cent) and 0.05 lakh (0.01 per cent) are me

Covid-19 in India

Pandemic has impacted 82 pc of small businesses: Survey

Around 60 per cent of the companies surveyed expect more measures and support, including government initiatives, the survey focused on companies in seven metro cities, said.

The survey was conduced among over 250 companies, evenly split between the manufacturing and services industries, having a turnover of Rs 100-250 crore yearly. (Representative image)

TAIPA seeks DoT’s intervention to ensure uninterrupted telecom connectivity amid movement curbs in states

"We request DoT to write to State/UT Governments for no coercive action and urgent de-sealing of telecom tower sites for uninterrupted telecom connectivity during present situation," TAIPA said.

Various states have resorted to weekend curfews and lockdowns to rein in the second wave of pandemic, amid rising number of COVID-19 cases across the country.

RBI loan moratorium of little help for MSMEs as business recovery to repay remained low, say experts

Credit and Finance for MSMEs: "As MSMEs are there in both formal and informal sector, data regarding temporary or permanent closure of the units are not maintained by the Government of India in Minist

M&As jump over 17 pc to $25.3 billion in Q1: Report

Investments from the US rose seven times in value to USD 9.9 billion across 17 deals over the same period in 2020 when it was only USD 1.5 billion across 16 deals.

Outbound deal value rose by 119 per cent to USD 1.54 billion across 13 deals compared to USD 705 million across 14 deals a year ago.

India’s gas output to jump 52% by 2024 led by ONGC, Reliance-BP

Tenders to sell gas from the KG Basin indicate that ramp-up in domestic gas production is faster than investor expectation, it said.

The additional gas will be available for sale at the delivery point at Gadimoga, near Kakinada, tentatively from the last week of April or early May 2021.

VIL’s enterprise arm unveils post-paid plans for businesses, working professionals

The post-paid offering from Vi Business comes at a time when businesses, particularly small and medium enterprises (SMEs) and start-ups, are adapting to hybrid ways of working, and looking for value-b

'Vi Business Plus', the mobility solution, enables mobile workforce to connect, communicate, collaborate and do more with their post-paid plans
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