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‘Udyog Manthan’ organised to deliberate on ways to enhance productivity, quality in…
New Delhi , February 12 (ANI): The 8-week long 'Udyog Manthan' organised by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry is deliberating on ways to enhance productivity…
HKTB launches virtual event ahead of CNY to promote Hong Kong tourism
Hong Kong, Feb 10 In a bid to accelerate its promotional efforts as part of the post-Covid-19 tourism-recovery plan, the Hong Kong Tourism Board (HKTB) has announced its first global fan-engagement programme called Hong Kong Super Fans.…
Kotak Investment Advisors achieves closure of New Real Estate Fund
Mumbai: Kotak Investment Advisors Limited (KIAL) on Tuesday announced that it has successfully achieved closure of its New Real Estate Fund, which will target a range of real estate financing opportunities across key cities in India.
In…
Fitch Ratings: Budget proposals positive for Insurance sector
New Delhi: India's Budget '22 proposals to relax foreign-ownership caps on insurers and listing of LIC will help the industry attract foreign capital, strengthen solvency and promote competition, Fitch Ratings has said. Besides, the ratings…
NMDC reports 53% jump in Q3 net profit
New Delhi: The country's largest iron ore producer NMDC has reported a 53 per cent jump in its net profit in the October-December quarter on the back of smart recovery in both production and sales that beat market expectations on account of…
Vehicle registrations in January falls over 9% YoY
New Delhi: Vehicle registrations in January 2021 declined 9.66 per cent on a year-on-year (YoY) basis.
On Tuesday, data released by the Federation of Automobile Dealers Associations (FADA) showed that over 15.92 lakh vehicles were…
CGST officials make arrest after busting network of 46 fake firms
New Delhi: The officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East, have unearthed a multi-layered network of fictitious firms being used by their operators to generate and pass on fake ITC (input tax credit).…
Huawei CEO wants to speak to Biden, reset of relations with US
Beijing, Feb 9 (IANS) Huawei Founder and CEO Ren Zhengfei on Tuesday urged the new US administration to adopt a more "open policy" towards Chinese companies, while he also expressed his desire to talk to President Joe Biden.
This is the…
Hyundai, Kia say not in talks with Apple, shares plunge
Seoul/New Delhi: Hyundai Motor and its affiliate Kia said on Monday they are not in talks with Apple over an electric car manufacturing project in response to reports of their suspended discussions.
In separate regulatory filings,…
ONGC to implement India’s first geothermal energy project in Ladakh
New Delhi: Energy major ONGC will implement India's maiden 'Geothermal Field Development Project' in Ladakh.
A memorandum of understanding to formalise the plan has been inked between the ONGC Energy Centre (OEC) and the Union Territory…
India’s Jan air travel growth slows due to higher capacity: ICRA
New Delhi: India's January air travel growth slowed sequentially due to higher capacity, ratings agency ICRA said on Monday.
According to ICRA Vice President Kinjal Shah, the passenger load factor (PLF) last month was lower than 74 per…
Bitcoin price reaches new all-time high, now over $47,000
Moscow, Feb 9 (Sputnik) The price of the most popular cryptocurrency, bitcoin, for the third time in several hours broke a historical record to reach a new all-time high above $47,000, according to trading data.
On Binance, the largest…
Promoter share pledges rise in December quarter
New Delhi: More promoters have pledged their shares in during the pandemic to provide additional security on their loans from banks in the absence or run down of other assets.
According a report by Kotak Institutional Equities, value…
RBI tightening supervision of largest NBFCs to avoid systemic spillovers: Moody’s
New Delhi: India's risk-based internal audit requirement for non-banking finance companies is credit positive, Moodys Investors Service said.
The Reserve Bank of India (RBI) issued guidelines for the country's largest non-banking…
Cutting off-budget borrowings has raised fiscal deficit guidance
New Delhi: Government's more transparent stand in terms of its accounts has resulted in country's fiscal deficit taking a longer glide path towards consolidation.
According to a research report by Crisil, with off-budget expenditures…
Visa announces grants for women-owned businesses in India
Mumbai: Visa on Monday announced the recipients of its grant programme in India to boost women entrepreneurship globally and empower budding businesswomen.
As part of Visa's first global grant programme in partnership with…
Budget is foundation stone for making India ‘future-ready’: Goyal
New Delhi, Feb 7: Hailing the Union Budget 2021-22, Railway Minister Piyush Goyal on Sunday said that this Budget is the foundation stone for making the country "future-ready". Addressing a press conference at the Delhi BJP office as…
Four more states complete ‘Ease of Doing Business’ reforms
New Delhi, Feb 6 (UNI) Four more states have undertaken 'Ease of Doing Business' reforms stipulated by the Department of Expenditure, Ministry of Finance.
These states have become eligible to mobilise additional financial resources and…
With US$ 590 b forex reserves in kitty, India now ‘net creditor’: MoS Thakur
HYDERABAD: India now has forex reserves of over USD 590 billion, the highest ever, up by USD 119 billion over the previous year, while the external debt is USD 554 billion, making the country a "net creditor", Minister of State for Finance…
JK Cement Q3 net profit up 74.8% to Rs 217.28 crore
NEW DELHI: JK Cement Ltd on Saturday reported an increase of 74.82 percent in its consolidated net profit to Rs 217.28 crore for the third quarter ended December 2020.
The company had posted a profit of Rs 124.29 crore in the…
