Business News

New Delhi, Jun 2 (UNI) With crude oil prices rising beyond $70 per barrel mark and high taxes on petrol and  diesel, Indian oil marketing companies (OMCs) may be forced to cut their marketing margin, credit rating agency ICRA said in a…

Chennai, June 2 (UNI) Hyundai Motor India Limited has registered a cumulative sales of 30,703 units in May this year as against 12,583 units in May last year. The domestic sales stood at 25,001 in May this year (6,883 in May 2020) and…

Kochi, Jun 2 (UNI) The COVID pandemic and sluggish overseas markets cast their shadow over India’s resurgent seafood sector as the country exported 11,49,341 MT of marine products worth Rs 43,717.26 crore (USD 5.96 billion) during FY…

NEW DELHI: Pharma major Cipla on Tuesday said it is seeking clarity and guidance from the government on the possible roadmap to import vaccine, while stressing that it has been at the forefront of COVID-19 care. The statement came after…

NEW DELHI: Registration of residential properties in Mumbai municipal region fell by 47 per cent last month compared to April due to the second wave of the COVID-19 pandemic, but it jumped 25 times when compared to May 2020, according to…

CHENNAI: Chennai Sister City in the US, San Antonio, has donated USD 10,000 towards COVID-19 relief work in the southern metropolis. A release from the US Consulate General here said San Antonio, Texas, donated the sum as a gesture of…

New Delhi , June 2   Union Minister Piyush Goyal has said that the Indian economy is witnessing a robust recovery and is on track to surpass pre-COVID-19 levels. The Minister for Commerce and Industry, Consumer Affairs while the…

New Delhi, Jun 1 (UNI) The Supreme Court on Tuesday stayed the Delhi High Court order which held the imposition of Integrated Goods and Services Tax (IGST) on the import of oxygen concentrators as a gift for personal use as…

NEW DELHI: The government on Monday said the deadline for filing monthly GST sales returns for May has been extended by 15 days till June 26. The GST Council, chaired by the Union Finance Minister and comprising state counterparts, on…

NEW DELHI: The Employees’ Provident Fund Organisation (EPFO) has, for the second time, allowed subscribers to withdraw a non-refundable advance from their savings due to the coronavirus pandemic. The move will be implemented as a part of…

Kolkata, May 27 (UNI) Volvo Cars today made a significant step towards its ambition of making its global manufacturing network climate neutral by 2025, announcing that its Torslanda site in Sweden is its first car manufacturing plant to…

Kolkata, May 31 (UNI) T V Narendran, CEO & Managing Director, Tata Steel Limited, has assumed office as the President of CII for 2021-22. He takes over from Uday Kotak, Managing Director and CEO, Kotak Mahindra Bank Limited. Following…

New Delhi, May 31 (UNI) Delhi International Airport Limited (DIAL) will launch the COVID-19 vaccination centre at Terminal-1 on Tuesday for employees of different stakeholders working at the airport. Opportunity to get vaccinated at the…

Vienna, June 1 (Sputnik) Oil ministers from the Organization of the Petroleum Exporting Countries (OPEC) and 10 other exporters will meet by video on Tuesday to review output targets for this year. The 17th ministerial meeting of the…

Power Grid Corporation of India Limited (POWERGRID), a Maharatna CPSU under Ministry of Power, Government of India, was assigned the task of restoring 220 kV Timbdi-Dhokadva and Savarkundla-Dhokadva Transmission Lines feeding power to Diu…

Indore (Madhya Pradesh) , May 31   The Madhya Pradesh government has given permission to the Indore-based Modern Laboratories to manufacture Amphotericin B drug used in the treatment of Black Fungus, White Fungus, and Yellow…

New Delhi, May 30 (UNI) With an aim to evacuate the critical patients in bad weather, the the Indian Navy on Sunday said that a Medical Intensive Care Unit (MICU) has been installed onboard ALH Mk III helicopter from INAS 323 at INS Hansa…

Kolkata, May 30 (UNI) State Bank of India (SBI) Chairman Dinesh Khara, IBA Chairman Rajkiran Rai and IBA Chief Executive Sunil Mehta on Sunday addressed a joint press conference to announce the various support measures and launch of new…

Visakhapatnam, May 30 (UNI) Union Minister for steel Dharmendra Pradhan, on Sunday inaugurated the Jumbo Covid Care Facility set up by Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant here. The…

Hyderabad, May 9 (UNI) Honda Motorcycle and Scooter India Pvt. Ltd (HMSI) on Saturday announced that production has recommenced at its plants in Manesar (Haryana), Tapukara (Rajasthan) and Vithalapur (Gujarat)  . In a release, the…