Business News

New Delhi: The Department of Telecommunications (DoT) has given its permissions to the telecom service providers (TSPs) for conducting trials for use and applications of 5G technology. The applicant TSPs include Bharti Airtel Ltd., Reliance…

New Delhi: Sanjay Panjiyar is set to be Director (Operations) of Hindustan Copper Limited (HCL). He has been selected for the post by the Public Enterprises Selection Board (PESB) panel on Tuesday. He is currently serving as Chief General…

New Delhi/Vasco: To commemorate the 75 Years of India’s Independence, GSL and other DPSUs are organising various theme-based programs in the three-month cycle, leading to August 15, 2022, i.e. 75th Independence Day. Accordingly, in the…

New Delhi: Hindustan Aeronautics Limited (HAL) and Rolls-Royce have signed an MoU to establish packaging, installation, marketing and services support for Rolls-Royce MT30 marine engines in India. Through this MoU, Rolls-Royce and HAL will…

Mumbai, May 4 ( UNI) Steel major, JSW Steel said that its subsidiary JSW Steel USA Ohio Inc, has signed a long-term agreement with Allegheny Technologies Inc. The agreement is for the conversion of carbon steel slabs manufactured at JSW…

BHUBANESWAR: Amid a fierce COVID-19 second wave, Odisha recorded the highest ever GST collection of Rs 3849.48 crore, including Rs 1126.67 crore of SGST in April, posting an overall growth of around 17% over the collection in March. The…

MUMBAI: The government has appointed RBI Executive Director T Rabi Sankar as the fourth deputy governor of the central bank. Sankar fills the vacancy created by the retirement of BP Kanungo on April 2, after completing one-year…

MUMBAI: SpiceXpress, the air cargo arm of SpiceJet, on Monday transported 700 oxygen concentrators from Guangzhou (China) to New Delhi amid acute shortage of medical oxygen in the country in the wake of massive spike in the number of…

NEW DELHI: The Centre on Saturday released the first instalment of the central share of the State Disaster Response Fund (SDRF) of Rs 8873.6 crore for the year 2021-22 ahead of the normal schedule. The move comes at a time when…

NEW DELHI: The country’s largest lender, State Bank of India (SBI) on Saturday said it has reduced home loans rates to 6.7 per cent. With the reduction, SBI home loan interest rates now start from 6.7 per cent for loans up to Rs 30 lakhs…

NEW DELHI: Multiplex major Inox Leisure has partnered with food delivery apps, including Zomato and Swiggy, to deliver its food and beverages products to customers to their homes as the pandemic continues to impact cinema operations in the…

Chandigarh, May 2 (UNI) Government agencies and private traders have procured 248,595 metric tonnes(MT) of wheat in Punjab on Sunday , ie the 23rd day of procurement. Disclosing this here today, an official Spokesperson said that out of…

NEW DELHI: The government has allowed imports of oxygen concentrators for personal use through post, courier or e-commerce portals under the gift category amid increasing demand for oxygen due to rising COVID-19 cases, the commerce ministry…

NEW DELHI: The government has directed steel companies to set up 10,000 oxygenated beds for treating COVID-19 patients. While 5,000 beds will be set up by the steel PSUs, another 5,000 will be established by private companies like Tata…

Mumbai, May1 (UNI) Toyota Kirloskar Motor on Saturday announced that the company sold a total of 9622 units in the month of April 2021. The company had also announced its scheduled annual maintenance program at its plant in Bidadi, so as…

New Delhi, May 1 (UNI) The gross GST revenue collected in the month of April is at a record high of Rs 1,41,384 crore, the Ministry of Finance said here on Saturday. 'The gross GST revenue collected in the month of April’ 2021 is at a…

NEW DELHI: Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported more than doubling of its March quarter net profit as consumer businesses of retail and telecom as well as petrochemicals saw sequential recovery on improved…

BENGALURU: The Tata group’s foray into the India’s growing e-grocery market has been sealed with the Competition Commission of India on Thursday giving its nod to its $1 billion acquisition of BigBasket. In a statement, the CCI said that it…

New Delhi/Vasco: Goa Shipyard Limited (GSL), a Miniratna Defence PSU, has pitched in to help the state government of Goa in its fight against COVID-19. The PSU announced to provide an “onsite oxygen generating plant” under its corporate…

New Delhi: Navratna Defence PSU Bharat Electronics Limited (BEL) has again contributed Rs 5.45 crores from its corporate social responsibility (CSR) fund to the PM CARES Fund, in support of the government’s concerted efforts in dealing with…