Industry News, Company News, Manufacturing News, Service Sector - The Hindu

Ola Electric to set up EV design centre in the U.K.

Special Correspondent Firm to invest $100 mn in R&D facility

Swiss gold exports to China and India hit multi-year highs

Reuters Demand recovered in 2021 in biggest consumer markets

File photo used for representation.

Tatas back in Air India cockpit

Jagriti Chandra Government transfers its shares to Tata Sons subsidiary, Talace

‘Work-from-home, online learning driving PC demand’

Yuthika Bhargava Bullish on growth despite supply chain challenges: HP India

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USIBC greets Tata group on homecoming of Air India

SC restrains Punjab from taking coercive steps against GVK Power

TVS Motor Co. buys 75% of Swiss EV firm

Renault-Nissan to ally more in $26 bn EV bet

Laurus Labs Q3 net slides 43% as ARV sales drag

‘Work-from-home, online learning driving PC demand’

Ola Electric to set up EV design centre in the U.K.

Firm to invest $100 mn in R&D facility

Swiss gold exports to China and India hit multi-year highs

Demand recovered in 2021 in biggest consumer markets

Glenmark Pharma arm gets final USFDA approval for blood pressure drug

Generic Bisoprolol Fumarate and Hydrochlorothiazide are tablets used to treat high blood pressure

Tatas back in Air India cockpit

Government transfers its shares to Tata Sons subsidiary, Talace

Jio-bp expands with Delhi EV charging hub

Reliance BP Mobility JV scales up fuel-retail network by offering multiple choices

Loan demand to rise in February, March: Shriram unit

CV financier says collections ‘normal’

Vedanta demerger details to become clear by March-end, says Agarwal

‘Market is good, production is going well; having separate firms will create value’

Taxation of ULIP proceeds to create 'level-playing field' with MFs: I-T dept

Proceeds of high-premium Unit Linked Insurance Plans (ULIPs) has been made taxable to create a "level-playing field" with mutual funds, official

BVG strengths JKEMS fleet

Jammu and Kashmir Emergency Medical Services 108/102 is a Public-Private Partnership venture between the Government of J&K and Ladakh and BVG India Ltd.

Bharti said to mull roping in a ‘strategic investor’

Board to decide on preferential issue

Cairn ‘fulfils’ retro tax repeal steps, awaits ₹7,900 crore refund

Firm says it expects India to make payment in ‘early 2022’

Maruti Q3 net almost halves to ₹1,042 cr. as chip shortage bites

Company aims to boost output in Q4 as electronics supply ‘improving gradually’

Rane Engine Valve records ₹3 crore Q3 loss

Rane Engine Valve Limited has posted a net loss of ₹3 crore for the third quarter ended December against a standalone profit of ₹14 crore in the

Hyundai unit’s exports of Creta grew 26% in 2021

‘Cumulative shipments rose 32%’

SEBI notifies stricter norms for appointment of managing director at listed companies

As per the Companies Act, 2013, the board cannot appoint a person who fails to get elected as a director at a general meeting as an additional director.

WardWizard to start work on EV ancillary unit

The development of the EV ancillary cluster will begin from February 2022 in a phased manner.

Ramco Cements Q3 net plunges 59%

The Ramco Cements Ltd. has posted a 59% drop in its standalone net profit for the third quarter ended December to ₹83 crore on account of weak demand.

CCI fines three marine lines in cartel probe

watchdog passed an order against K-Line, MOL, and Nissan Motor Car Carrier Company

MMR saw highest home registrations in 2021; sold 2.42 lakh units

Maharashtra’s stamp duty collection increased to ₹11,000 cr in 2021 from ₹3,500 cr in 2020

Swiggy raises $700 million in Invesco-led funding

Fresh capital to aid growth, it says

Swiggy raises $700 million from Invesco, other investors

Six months after raising $1.25 billion, the new fundraise also sees increased participation of institutional investors both in India and globally

Ola Electric raises $200 million in funding at a valuation of $5 billion

Over the last 12 months, Ola Electric has built its 'Futurefactory', which it claims is the world's largest two-wheeler manufacturing facility, and launched its electric scooter Ola S1

Mis-selling in health insurance

Utmost good faith is the underlying principle of any insurance product

India Inc proposes additional 1% CSR levy for booster shots

It calls for lifting of COVID-19 restrictions by State governments

HDFC Capital raises $1.22 bn for affordable housing fund

H-CARE 3, combined with potential reinvestments by the fund, would create an estimated total fund corpus of $1.88 billion.

Govt. relaxes deadline for re-export of containers used for oxygen transport

Currently, containers are allowed to be imported duty-free with the condition of re-export in the next six months.

Yes Bank Q3 profit surges 77% to ₹266 crore, total income drops

Lender’s cash recovery stood at ₹610 crore for December quarter

ICICI Bank Q3 profit rises 25% to ₹6,194 cr.

Remain optimistic about economy: ED

Vodafone Idea Q3 loss widens to ₹7,231 crore

The company had posted a loss ₹4,532.1 crore in the same period a year ago.

5G coverage inside buildings to be a challenge as signals get transmitted on high frequencies: TRAI

"Holistic approach will be required to ensure availability of digital infrastructure in building complexes”

Intel to invest up to $100 bn in Ohio chip units

Firm aims to address global shortage

Indian Missions can popularise National Single Window System: Goyal

Include Indian missions to populariseNational Single Window System: Piyush Goyal

Adani Wilmar’s ₹3,600-cr. IPO to open on Jan. 27

Firm to trim debt with issue proceeds

Importers, govt. duel in Supreme Court over GST on ocean freight

The levy was struck down by a HC

FedEx starts EV trials in India

FedEx Express, a subsidiary of FedEx Corp., has announced the start of electric vehicle (EV) trials in India as part of its global goal to achieve

RIL net rises 42%; retail, shale sale buoy

Third-quarter profit climbs to ₹18,549 crore as overall revenue surges 52% to ₹2,09,823 crore

‘Time to look at healthcare differently’

Rationalising GST rates could make sector affordable, says Apollo Hospitals MD

Start-ups raised a record $24.1 billion in 2021: study

Two-fold rise from pre-COVID levels, according to a new study by NASSCOM and Zinnov.

Wendt India posts 101% jump in Q3 net proft

The Murugappa group firm achieved sales of ₹36 crore, an increase of 19% over than the corresponding period last year.

OPEC's share of Indian oil imports falls to lowest in at least 15 yrs

India's crude imports rebounded 3.9% to 4.2 million barrels per day (bpd) in 2021, the data showed, but remained below pre-pandemic levels in 2019

‘Vedanta mulls $10-bn fund to bid for BPCL, other assets’

Money will never be a problem, says chairman Agarwal

NCLAT directs Jalan-Kalrock consortium to share resolution plan details with Jet Airways workmen

The development comes almost seven months after the Mumbai bench of the NCLT approved the Jalan-Kalrock Consortium''s resolution plan

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