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Maruti Suzuki boosting manufacturing of Oxygen PSA generator plants
Kolkata, May 9 (UNI) Maruti Suzuki India Ltd. (MSIL) realized the critical importance of rapidly installing Oxygen PSA plants, both to produce life-saving oxygen as well as reduce the immense logistical problems.
“It was found that these…
Dabur Q4 net up 34%, plans to invest Rs 550 cr towards capacity expansion
CHENNAI: FMCG major Dabur India on Friday reported a 34 per cent jump in its consolidated net profit for the quarter ended March 2021, clocking earnings of Rs 377.29 crore. The company had posted a net profit of Rs 281.60 crore in the…
Telecom companies’ body forced to dispel rumours linking COVID-19 to 5G trials
NEW DELHI: The Cellular Operators Association of India (COAI), an industry association representing India’s private telecom services providers such as Bharti Airtel, Reliance Jio, and Vodafone Idea, has been forced to put out a…
Second COVID-19 wave impact is less enduring: Finance Ministry
NEW DELHI: As the second COVID-19 wave induces lockdown in many parts and continues to claim lives, the finance ministry on Friday admitted it has posed a downside risk to economic activity in the first quarter of this financial year.…
Tata Motors to hike car, SUV prices by about two per cent from May 8
NEW DELHI: Tata Motors on Friday announced that effective May 8, it will increase prices of its passenger vehicles, averaging 1.8 per cent, depending on the variant and model.
At present, Tata Motors sells a range of vehicles starting…
Railways delivered 2,960 MT LMO to different states
New Delhi, May 7 Ramping up the delivery of medical oxygen across the country, the Indian Railways said on Friday that it has delivered more than 2,960 MT Liquid Medical Oxygen (LMO) in 185 tankers through its Oxygen Express trains to…
Sonova acquires German audio brand Sennheiser’s consumer biz
New Delhi: Swiss hearing care solutions provider Sonova has acquired the consumer electronics business of German audio brand Sennheiser for an undisclosed sum, the companies announced on Friday.
Subject to regulatory approval, the plan is…
Telecom industry cautions against rumours of 5G causing Covid
New Delhi: The telecom and the related infrastructure industry have come together to refute rumours that 5G connectivity is causing the second wave of Covid-19. Industry bodies have cautioned the public against falling prey to such…
No assembly of GST council referred to as in final 6 months: Punjab FM
The GST council had not met within the final six months in violation of its personal guidelines {that a} assembly needs to be held as soon as each quarter, Punjab Finance Minister Manpreet Singh Badal mentioned in a letter to the Union…
RBI relaxes KYC norms, tells banks to not impose any restriction until Dec-end
The RBI has determined to increase the scope of video KYC or V-CIP for brand spanking new classes of shoppers similar to proprietorship corporations, authorised signatories and useful house owners of authorized entities.
Finance Minister releases revenue deficit grant of Rs 10,000 crore to 17 states
NEW DELHI: The Finance Ministry on Thursday released Rs 9,871 crore as Post Devolution Revenue Deficit grant to 17 States for the year 2021-22. The grants were released as per the recommendations of the Finance Commission in monthly …
WTO countries should immediately finalise text on patent waiver for COVID-19 treatment: Experts
NEW DELHI: With the US backing an initiative by India and South Africa at the World Trade Organization to temporarily waive patent rules on COVID-19 vaccines, experts on Thursday suggested the member countries of the WTO to immediately…
SFB loans to MFIs for on-lending to be classified as priority sector lending
Mumbai: The Reserve Bank of Indian has decided to allow the classification of priority sector lending for loans given by small finance banks (SFB) to micro-finance institutions (MFI) for on-lending to individuals. The decision has been…
Jeff Bezos Blue Origin to launch first crew to space in July
Washington: Jeff Bezos' aerospace company Blue Origin will fly its first astronaut crew aboard its space tourism rocket called New Shepard on July 20, the company said.
The aerospace company is yet to open ticket sales or release pricing…
Businesses, households adapting to lockdowns; demand dent to be lower than last year: Shaktikanta…
MUMBAI: Businesses and households are 'learning to adapt' to lockdown measures and the dent to demand will be 'moderate' as compared to countrywide shutdown of activities done last year, Reserve Bank Governor Shaktikanta Das said on…
Labour Ministry gets mandate to seek Aadhaar from beneficiaries under Social Security Code
NEW DELHI: The Ministry of Labour & Employment has now been mandated to seek the 12-digit unique identification number Aadhaar from people like employees and unorganised sector workers seeking registration, benefits, availing services…
Covid-hit 2020 saw 230 million Indians slip below minimum income threshold: Report
BENGALURU: 230 million people in India slipped below the national minimum wage threshold (Rs 375 per day as recommended by the Anoop Satpathy committee) in Covid-hit 2020, a report released by the Azim Premji University on Wednesday stated.…
Vietnam keeps anti-dumping duty on aluminium from China
Hanoi , May 5 : Vietnam on Tuesday decided to keep anti-dumping duty on aluminium from China.
The Ministry of Industry and Trade has decided to continue imposing anti-dumping duties on certain aluminium products originating from China…
RBI announces Rs 50,000 crore cheap loans for vaccine, health firms
Mumbai, May 5 (UNI) To check the devastating coronavirus that gripped the country, the Reserve Bank of India on Wednesday announced a targeted on-tap liquidity window of Rs 50,000 crore to set up Covid-related healthcare infrastructure In…
Gaming on a mountain
CHENNAI: Nanga Parbat, named for the ninth-highest mountain in the world, is a two-player game designed by Steve Finn. In this game, players take on the roles of Sherpa communities that live on and around the titular mountain you’ll hunt…
