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Financial freedom ideas need your help
It is that time of the year when freedom as a thought dominates. Financial freedom is propagated by every bank, mutual fund, insurance company or stockbroker. You are inundated with messages on your phone, email and in the press. They prod…
How Often Should You Change the Engine Air Filter?
Replacing the engine air filter is a maintenance item that can often be overlooked, but a dirty air filter can have a negative effect on your car’s performance.
Modern cars will generally have two air filters: one for the cabin and one for…
Amara Raja Batteries books 99.61 pc hike in PBT to Rs 164 cr; Jayadev is new Chairman
Hyderabad, Aug 14 (UNI) Amara Raja Batteries Limited (ARBL), India’s leading Industrial and Automotive Battery major, the flagship of the Amaraja Raja Group, on Saturday reported 99.16 per cent increase in its Profit before tax (PBT) to…
Should I Use Nitrogen Instead of Regular Air in My Tires?
Green caps on tire valve stems usually mean the tires are filled with nitrogen instead of ordinary air. Car dealers, tire dealers, repair shops and even some gas stations have touted nitrogen for several years as a better alternative to air…
No decision on stake sale in Petronet LNG, Indraprastha Gas: BPCL CFO
New Delhi: Bharat Petroleum Corporation Ltd (BPCL) has not taken any decision so far on the sale of its stake in Petronet LNG and Indraprastha Gas, Chief Financial Officer (CFO) VRK Gupta said during an investor call on Friday. Gupta said…
PFC wins Governance Now award for strategic performance
New Delhi: Power Finance Corporation Limited (PFC) has been conferred with Governance Now award for strategic performance during the '8th PSU Awards' organised by Governance Now. Governance Now’s Managing Director Kailashnath Adhikari…
GAIL gets award for highest procurement among CPSEs through GeM portal
New Delhi: GAIL (India) Limited has been awarded by the Government e-Marketplace (GeM) for making the highest procurement of Rs 1,033 crore among Central Public Sector Enterprises (CPSEs) through the GeM portal in 2020-21.
Accepting the…
Competition Commission approves Zomato buying 9.3 per cent stake in Grofers India
NEW DELHI: The Competition Commission has approved online food delivery platform Zomato's proposed purchase of 9.3 per cent stake in online grocery shopping player Grofers India.
Zomato, last month, said it has invested USD 100 million…
Airtel, Jio conclude spectrum trading agreement
NEW DELHI: Bharti Airtel on Friday announced the closure of its agreement with Reliance Jio Infocomm to transfer the 'Right to Use' of Airtel's 800 MHz spectrum in three circles to Jio.
Airtel said it has received Rs 1,004.8 crore (net…
Eicher posts profit but chip shortage likely to hit Royal Enfield production
NEW DELHI: Royal Enfield-maker Eicher Motors on Thursday reported a consolidated net profit of Rs 237.1 crore in Q1FY22 as against a net loss of Rs 55.2 crore in the year-ago quarter. The company’s consolidated total revenue from…
Edtech start-up Eruditus becomes 23rd unicorn
BENGALURU: Mumbai-based Eruditus, which ties-up with the top international universities to upskill professionals, has become the fourth edtech unicorn of India.
Eruditus has raised $650 million in a new funding round led by US venture…
Adi Godrej to step down from Godrej Industries Board
Kolkata, Aug 13 (UNI) Adi Godrej will step down as Chairman and from the Board of Directors
of Godrej Industries Limited (GIL). However, he will continue to serve as Chairman of the Godrej Group and Chairman Emeritus of GIL.
Godrej…
Game-Changer Vehicle scrappage policy announced by PM Modi
New Delhi, Aug 13 (UNI) Launching the long-awaited vehicle scrappage policy, Prime Minister Narendra Modi on Friday said that the scheme would fetch Rs 10,000-crore fresh investment and create thousands of jobs.
Under the Voluntary…
India’s Export trade rises by 50% in July ’21: Trade Balance declines 127%
New Delhi, Aug 13 (UNI) Led by key items such as petroleum products, gems & jewellery and engineering goods, merchandise exports in July 2021 rose 50% to US$ 35.43 billion as compared to US$ 23.64 billion in the same month last year.…
Why Do I Need to Rotate My Tires?
Virtually every vehicle manufacturer, tire manufacturer and tire dealer recommends you periodically rotate your tires so they wear evenly and last longer, but is rotation really necessary?
Many motorists apparently don’t think so, as tire…
ITC stock fails to match peers, management worries
NEW DELHI: One of the biggest conglomerates in India is worried that its share price isn’t going up. ITC (India Tobacco Company) stock has almost stagnated on the exchanges even as stocks of competing firms and benchmark indices are…
India must aim for 500-600 tech firms with Rs 5000-crore turnover, says MoS Rajeev Chandrasekhar
NEW DELHI: India’s growing technology industry has proven to be crisis resilient and a driver of country’s exports. According to the Minister of State for Ministry of Electronics and Information Technology (MeiTY), Rajeev Chandrasekhar, the…
Eicher posts profit but chip shortage likely to hit Royal Enfield production
NEW DELHI: Royal Enfield-maker Eicher Motors on Thursday reported a consolidated net profit of Rs 237.1 crore in Q1FY22 as against a net loss of Rs 55.2 crore in the year-ago quarter. The company’s consolidated total revenue from operations…
ITC chalks out USD 2 billion investment plan to fuel post-pandemic growth
NEW DELHI: Cigarettes-to-hotels major ITC Ltd is looking to invest $2 billion (around Rs. 15,000 crore) over the medium term towards setting up a few new units and up-gradation of existing facilities, said chairman and managing director…
Franklin Templeton returns Rs 21,080 cr to investors of 6 shut schemes
New Delhi: Franklin Templeton Mutual Fund has so far returned Rs 21,080 crore to the unit holders of its six shut debt funds.
In a letter to investors, Franklin Templeton Asset Management (India) Pvt Ltd President Sanjay Sapre said that…
