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Wipro investing $1 bn to expand cloud services
Bengaluru, July 20 Global software major Wipro on Tuesday said it would invest $1 billion (Rs 7,454 crore) over the next 3 years to expand cloud services for business transformation of its clients worldwide.
"We will invest $1 billion…
Does Headlight Cleaning and Restoration Make a Difference?
When most people think of headlight maintenance, what first comes to mind is changing bulbs when they burn out. However, as a vehicle ages another culprit can strike: foggy headlights. With the average age of vehicles on the road growing to…
Here are two products for investors who missed the market rally
Investors seem to be willing to take more risks in bullish markets.
This could be because they believe markets will remain strong or because they missed the bus earlier. This is very typical of bull markets.
I see many queries in…
Tata Steel Mining and Jindal Stainless will jointly mine chrome ore in Odisha
New Delhi: Tata Steel Mining Limited (TSML), a 100 percent subsidiary of Tata Steel Limited and Jindal Stainless Limited (JSL) have signed a memorandum of understanding (MoU) on July 16 to jointly unearth the chrome ore locked up in the…
OFB Corporatisation: Govt responds on safeguarding employees’ interests
New Delhi: The government on Monday responded to the question on safeguarding the interests of the OFB employees post corporatisation. Govt said that steps are being taken to safeguard the interests of employees of the Ordnance Factory…
All efforts being made to complete Delhi-Mumbai Expressway project expeditiously: Gadkari
NEW DELHI: Road Transport and Highways Minister Nitin Gadkari on Monday said all efforts are being made to complete the Delhi-Mumbai Expressway project expeditiously.
In a written reply to a question in the Rajya Sabha, Gadkari said, out…
Tour operators’ delegation meets FM, seeks raising SEIS scrips’ benefit to 10%
New Delhi: A delegation of the Indian Association of Tour Operators (IATO) called on Union Finance Minister Nirmala Sitharaman at her office on Friday, and urged her to increase SEIS duty credit scrips percentage to 10 per cent.
SEIS or…
Reliance Retail to acquire controlling stake in Just Dial for Rs 3,497 cr
Mumbai: Reliance Retail Ventures Limited (RRVL), Just Dial and VSS Mani and others on Friday executed definitive agreements which will entail preferential allotment of 2.12 crore equity shares, equivalent to 25.33 per cent post preferential…
India Inc calls for simplification of the Apprenticeship Act: TeamLease
Kolkata, Jul 19 (UNI) Ahead of the monsoon session of the Parliament where the Apprenticeship
Act is expected to be tabled, NETAP (National Employability through Apprenticeship Program),
a flagship program from TeamLease Services,…
How Long Do Brakes Last?
Trying to put a time or mileage limit on how long brake pads and rotors should last is harder than trying to predict what kind of gas mileage you should expect. Brake life depends on how much we drive, where we drive (think city versus…
Credit Enquiries and Their Impact on Your CIBIL (Credit) Score
Whenever an individual wants to acquire credit facilities in the form of a mortgage loan or a credit card, the lender, or creditor that they approach will assess their credibility.
Zomato IPO subscribed 1.6 times, QIB portion fully subscribed
Mumbai: The initial public offering (IPO) of online food delivery platform Zomato has been subscribed 1.6 times so far with healthy response from retail and institutional investors.
Data on the BSE website showed that as of 3.05 p.m.,…
Andhra allots 860 acres to Jindal Steel for Rs 7,500 cr plant
Amaravati: The Andhra Pradesh state investment promotion board (SIPB) on Thursday allotted 860 acres of land to Jindal Steel Andhra Limited in Nellore district to set up a 2.25 MT per annum steel plant.
"After detailed discussions, the…
Reliance Power allots 59.50 cr equity shares, 73 cr warrants to Reliance Infrastructure
New Delhi: Consequent to approval from shareholders, through postal ballot, Reliance Power Ltd (Reliance Power), has allotted 59.50 crore equity shares and 73 crore warrants convertible into equivalent number of equity shares of the company…
German airline Lufthansa to lay off 22,000 employees
New Delhi: Lufthansa on Thursday said that it plans to lay off a total of 22,000 full-time employees.
Further, due to the impact of the pandemic and the financial impact, the airline will also reduce its fleet by around 100 aircraft.…
Axis Bank Q3 net profit up 5 pc to Rs 1,757 crore
Mumbai: Private sector lender Axis Bank said on Wednesday its net profit rose by 5 per cent year-on-year in the third quarter of current fiscal year to Rs 1,757 crore on the back of higher net interest income.
Net interest income -- the…
What Does the Check-Engine Light Mean?
The check engine light on the dashboard is a warning that many vehicle owners dread. The check engine light is a signal that the onboard diagnostics system (or OBD II) has detected a malfunction in the vehicle’s emissions, ignition, fuel or…
Cash receipt of ₹2 lakh or more attracts Income Tax penalty
Section 269ST of the Income Tax Act does not apply to any receipt of amount by the government, any banking company, post office savings bank or co-operative bank.
Income Tax Act restricts any person to receive an amount of two lakh rupees…
Ola clocks one lakh bookings for electric scooter in first 24 hours
NEW DELHI: Ola Electric on Saturday, July 17, 2021, said it has received around one lakh bookings for its upcoming scooter within the first 24 hours of initiating the process.
The company had opened booking for its electric scooter in…
Covid has pushed back world economy by 5-10 years, says Bata Global CEO
NEW DELHI: The Covid-19 pandemic is probably the "most significant" world event of our lifetime and has inarguably pushed back the world economy and people by 5-10 years, said Bata Corporation Global CEO Sandeep Kataria.
Though the…
