Industry
Mi 11X Pro with Snapdragon 888, 108MP camera and 120Hz AMOLED display launched in India
Mi 11X also tags along.
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.
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.
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
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.
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.
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
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
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
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
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.
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
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
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.
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
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
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.
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.
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.
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.
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
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