Browsing Category
Business News
Shri S S Rao of PFC elected as Chairman PRSI , Delhi Chapter
NEW DELHI . April 24, Shri S S Rao , Chief General Manager , PR, Power Finance Corporation has been unanimously elected as Chairman , Public Relations Society of India , Delhi Chapter for the period of 2021-23. Till now he was holding the…
Netflix’s Reed Hastings exercised $612 million from inventory choices in 2020
Netflix co-Chief Executive Officer Reed Hastings realized $612.13 million from exercising his inventory choices in 2020, a yr of bumper subscription development for the video-streaming big. The firm, which crossed 200 million subscribers…
RBI extends Ways and Means credit score for States, UTs to Sept.
Mumbai. The Reserve Bank of India (RBI) determined to proceed with the present interim Ways and Means Advances (WMA) scheme restrict of ₹51,560 crore for all States/ UTs shall for six months i.e., as much as September 30, given the…
ICICI Bank’s Q4FY21 net profit rises to Rs 4,403 crore
Mumbai: Private lender ICICI Bank on Saturday reported an exponential rise in its standalone net profit for the quarter ended March 31, 2021 on a year-on-year basis.
Accordingly, the company's standalone profit after tax rose to Rs 4,403…
Huawei: Optimizing portfolio to boost business resilience
SHENZHEN, China, and NEW DELHI, /PRNewswire/ -- Huawei held its 18th Global Analyst Summit in Shenzhen recently. More than 400 guests, including industry and financial analysts, key opinion leaders, and media representatives joined the…
Bitcoin could see worst week in year as Biden indicates tax hikes
New York, Apr 23 (Sputnik) Bitcoin is heading on Friday toward what could be its worst week in more than a year after US media reported that President Joe Biden has planned significant tax increases that could hit cryptocurrency investors.…
Ambani buys Britain’s iconic country club Stoke Park for 57 million pounds
NEW DELHI: Billionaire Mukesh Ambani's Reliance Industries Ltd has bought Britain's iconic country club and luxury golf resort, Stoke Park, for 57 million pounds (about Rs 592 crore).
The acquisition adds to Reliance's current stake in…
Zomato CEO says no DRHP with SEBI yet, as firm plans IPO
New Delhi: Zomato CEO Deepinder Goyal on Friday refuted a report claiming the company is likely to file its Draft Red Herring Prospectus (DRHP) with the Securities Exchange Board of India (SEBI), as the food delivery platform plans an…
Mi India unveils flagship 75-inch Mi QLED TV
New Delhi: Smartphone and TV brand Mi India on Friday launched new flagship 75-inch Mi QLED TV that comes with 97 per cent screen-to-body ratio at Rs 1,19,999.
The new Mi QLED TV will be available on Mi.com, Mi Home and Flipkart from April…
RBI imposes restrictions on American Express, Diners Club
Mumbai: The Reserve Bank of India (RBI) has imposed restrictions on American Express Banking Corp and Diners Club International Ltd from on-boarding new domestic customers onto their card networks from May 1, 2021.
These entities have been…
Express Stores, an omnichannel branded Kirana chain for Bharat
New Delhi. Express Stores, India’s quickest rising branded Omni-channel chain of Bharat’s Kiranas, a 360-degree answer supplier, as we speak introduced it’s increasing its crew throughout varied roles this 12 months because it sees vital…
India committed to decarbonising its economy, despite different priorities: Dharmendra Pradhan
New Delhi: "Despite having a set of priorities that are different from that of a developed nation, India is committed to decarbonising its economy as a responsible global citizen, Union Petroleum and Natural Gas Minister Dharmendra Pradhan…
SAIL supplied 36,747 MT of Liquid Medical Oxygen so far, increases production
New Delhi: Steel Authority of India Limited (SAIL) has been at the forefront in meeting the challenge of making Liquid Medical Oxygen (LMO) available in the country. It has already supplied 36,747 Metric Tonnes (MT) of Liquid Medical Oxygen…
ONGC, Reliance KG Basin blocks to drive India’s natural gas output up by 52% by 2024: Report
New Delhi: A new report has projected a growth of 52 percent in India’s natural gas output to 122 million standard cubic metres (MMSCM) per day by 2024 as Oil & Natural Gas Corporation’s (ONGC) and Reliance Industries Ltd’s (RIL) blocks…
Railways’ first Oxygen Express trains to deliver Oxygen in Maharashtra, UP
New Delhi: Indian Railway’s first Oxygen Express trains in response to its fight against the COVID-19 pandemic is set to start its journey, the Ministry of Railways said in an official statement on Thursday. “First Oxygen Express with…
Centre’s liquidity Infusion package Rs 1.35 lac Cr. helps Discoms’ Health improve .
New Delhi, Apr 21 (PTI) The outstanding overdues of power distribution utilities fell by over Rs 15,118 crore to Rs 74,510 crore in March this year, as compared to the preceding month, mainly due to the release of the second tranche of…
Hero MotoCorp to quickly shut down manufacturing operations attributable to rising instances
Amid a document variety of new COVID-19 instances within the nation, India’s largest two-wheeler maker Hero MotoCorp on Tuesday introduced short-term suspension of producing operations as a precautionary measure. “In keeping with its…
Tesla strengthens India team ahead of rolling electric cars
New Delhi: As Tesla firms up its plans to roll out its first all-electric car in India this year, the Elon Musk-run company has hired top executives in the country who has taken charge of some of its operations in the country.
After Musk…
BlaBlaCar raises $115 million to build all-in-one travel app
Paris: Car-pooling platform BlaBlaCar has raised a new $115 million funding round to accelerate its expansion strategy, as it plans to build an all-in-one travel app.
The new round of funding includes existing investor VNV Global, as well…
Bharat Biotech ramps up Covaxin manufacturing capability to 700 mn doses each year
New Delhi. help vaccination campaigns in India and throughout the globe, Bharat Biotech has ramped up the manufacturing capability of its COVID-19 vaccine, Covaxin, to 700 million doses each year, the vaccine maker stated on Tuesday.…