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

High debt burden could hamper India’s ability to provide stimulus: Moody’s

Special Correspondent Job loss, income shocks pose highly negative risks: Moody’s

HUL's total expenses too rose 21.65% to ₹9,548 crore in Q3 FY2020-21 compared to ₹7,849 in the year-ago period.

HUL Q3 net up 18.8% at ₹1,938 crore; sales rise 20.3% to ₹11,969 crore

Special Correspondent The company had posted a net profit of ₹1,631 crore in the October-December quarter previous fiscal

India Cements vice chairman and Managing Director N. Srinivasan. File

India Cements clocks ₹62 crore in Q3 profit

Special Correspondent Better prices, cost cuts boost net

File photo shows a man and his daughter wearing masks in New Delhi.

Reliance signs $ 15 million deal with Israeli firm to distribute COVID-19 breath test kit

PTI The Israeli company is said to have developed a breath test system that identifies COVID-19 at a success rate of over 95%.

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FDI inflows hit $58.37 bn in April-Nov. ’20

India Cements clocks ₹62 crore in Q3 profit

High debt burden could hamper India’s ability to provide stimulus: Moody’s

TVS elders to execute family arrangement pact

India inks MoU with International Energy Agency for global energy security, sustainability

HUL net climbs 19% to ₹1,921 cr., sales rise 21%

Reliance signs $ 15 million deal with Israeli firm to distribute COVID-19 breath test kit

The Israeli company is said to have developed a breath test system that identifies COVID-19 at a success rate of over 95%.

Qualcomm to supply General Motors with 'cockpit' chips for next generation vehicles

The companies also said GM will start integrating Qualcomm's automated driver assistance system chips for features such as adaptive cruise control and lane-change assistance.

‘Data privacy can take form of non-price competition’

‘Abuse of dominance will be anti-trust’

GAIL to unveil pipeline InvIT before split

The InvIT may involve selling 10-20% stake initially.

Cairn threatens Indian asset seizures abroad in tax case

U.K. energy major assures Centre it will move to freeze assets only if India fails to discuss payment of amount awarded by tribunal

Environmental, social and governance metrics shouldn't be box-ticking exercise: Anand Mahindra

Businesses need to find a purpose that is transcending, says the Mahindra Group chairman

Petrol crosses ₹86 mark in Delhi, diesel above ₹83 in Mumbai

Fuel prices, which vary from State to State depending on local sales tax or VAT, are now at a record high in the country, prompting cries for a cut in excise duty.

Amazon moves Delhi High Court, seeks arrest of Biyani

E-tailer wants Reliance deal stopped

Tata likely to launch Moderna vaccine in India, says report

The company could team up with the Council of Scientific & Industrial Research to carry out clinical trials of the vaccine candidate in India

‘Green’ tax mooted for personal vehicles older than 15 years

May vary on type of fuel, vehicle; transport vehicles older than 8 years to pay levy

Tech lifts L&T net to ₹2,467 cr.

Divestment, real estate sale also aid profit; revenue dips 2%

UCO Bank logs net profit at ₹35 crore in December quarter

Interest income was down by 4.5% at ₹3,602.59 crore, however, other income moved up by 16.3% to ₹864.38 crore.

Once again, TCS becomes the most valued domestic firm

Tata Consultancy Services had in March last year also reclaimed the status of the country’s most valued firm by market valuation

Choosing the frequency of an MCLR reset for your loan

When interest rates fall, it is beneficial for borrowers to have a shorter reset period as rate cuts will be passed on quickly to your EMI.

Take cover from the Silent Killer

Buying diabetes-specific insurance plans is now easier

Why SIPs are brain-friendly

By setting up an SIP, you eliminate the need to apply analytical thinking each month you make the investment.

Coronavirus | Pandemic underlined need for higher budget allocation for healthcare sector

Preetha Reddy said that public spending in healthcare should increase to deal with future pandemics and for sustained preventive care.

Cairn Energy’s shareholders ask India to honour arbitration award

An arbitration tribunal last month unanimously overturned a ₹10,247 crore retrospective tax demand on the British oil and gas company and asked the government to return value of the shares it sold, dividend it seized and tax refunds it stopped to enforce the tax.

Cybersecurity trends turned unpredictable after COVID, says PwC

Any predictions for the immediate future cannot be definitive, the firm says.

Okinawa unveils e-two-wheeler for delivery firms

The vehicle has been designed to cater to delivery of heavy items such as gas cylinders and heavy hardware equipment as well as day-to-day items such as groceries and medicines.

Tata Motors unveils Altroz new variant

Tata Motors has announced the introduction of the i-Turbo variant along with iRA-connected car technology for its premium hatchback Altroz. iRA at an

Demand rising in leisure segment: Oriental Hotels

‘Corporate seeing gradual pick-up’

Apollo raises ₹1,170 cr. via QIB route

Apollo Hospitals on Saturday announced raising ₹1,169.99 crore through allotment of shares to qualified institutional buyers (QIBs).The Fund Raising

Prepared to meet surge in demand: Coal India

Friday saw record power consumption

UltraTech Q3 net more than doubles on housing, infra

Urban demand expected to improve, says cement maker

Telcos seek clarity on onus of security breach post NSD roll-out

They urge Centre to ensure price competitiveness if Chinese gear is barred.

‘Metro orders took a bad hit’

Infra projects kept Johnson Lifts on the move, says ED

GM says Maharashtra’s move will hurt investments

Officials prevented the company’s efforts to shut shop in State.

RIL net rises 12.5%, revenue slides 21%

Refining-to-telecoms firm shrinks costs by 22% helping buoy profit, adds 50,000 jobs since March

Biocon’s net slumps 16.7% to ₹169 crore

Biocon reported a 16.7% dip in net profit to ₹169 crore for the third quarter ended December 31.Revenue from operations rose 7.8% to ₹1,851 crore. Its

Indian bank Q3 net more than doubles

Board gives nod to raise ₹7,000 crore

Grasim to foray into paints

Grasim Ltd. has announced its foray into paints business with an initial investment plan of ₹5,000 crore. The company’s board had approved the

IL&FS addressed debt of ₹2,500 crore in Q3

‘So far repaid ₹32,000 crore of debt’

HDFC Bank submits plan of action to RBI, hopes to fix outage issue in 3 months

The action plan will take 10-12 weeks for implementation.

Ex-Pond’s India chief Narayanan passes away

‘Visionary, gave his team freedom’

Govt. defends decision that led to Adani bagging six airports

Ministry says cap was waived considering operational scale

Hero MotoCorp surpasses 100 mn-unit production, to launch 10 new products every year

India’s largest two-wheeler maker Hero MotoCorp, that crossed 100 million units in cumulative production, said it will introduce over 10 products,

RBI withdraws 3 circulars on excess pension recovery after discovering anomalies

The RBI asked banks to seek guidance from respective pension sanctioning authorities regarding the process to be followed for recovery of excess pension paid to the pensioners.

Competition Comm dismisses complaint against Bar Council of India

The Competition Commission of India (CCI) has dismissed a complaint which alleged that the Bar Council of India (BCI) was abusing its dominant

Cabinet approves closure of Scooters India: Sources

The company that manufactured famous scooters like Lambretta and Vijai Super will be shut down after the Cabinet gave its nod to a proposal to close

CCI plans to export ten lakh bales of cotton

India, Bangladesh may ink MoU.

Mercedes-Benz launches 2021 edition of SUV GLC at ₹ 57.40 lakh onwards

German luxury carmaker Mercedes-Benz on Wednesday launched the 2021 edition of its popular SUV GLC in India with price starting at ₹ 57.40 lakh

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Protesting farmers clash with securitymen during their tractor rally near Nagloi in New Delhi on January 26, 2021.

29K | R-Day farmers tractor rally live updates | Samyukt Kisan Morcha calls off rally with immediate effect

Reliance Industries Chairman Mukesh Ambani. File photo

25K | Indian billionaires increased their wealth by 35% during the lockdown, says Oxfam report

Clockwise from top - Singer KS Chithra, Ram Vilas Paswan, Shinzo Abe

24K | List of Padma awardees — 2021

Vijay and Vijay Sethupathi in ‘Master’

18K | Vijay-starrer 'Master' to release on Amazon Prime Video on January 29

A file photo of the murdered siblings with their parents.

16K | Madanapalle double murder: Police looking into possible occult practices by the family

A Nishan Sahib flag is hoisted on the flagstaff of the Red Fort as the protesting farmers entered the complex in New Delhi on January 26, 2021.

14K | Farmers’ protests | Union leaders play blame game, vow to continue protest

The Camel Contingent of Border Security Force take part at Republic Parade.

12K | Republic Day 2021: India's heritage, diversity, military might at display at Rajpath

Nephew of V.K. Sasikala and AMMK founder T.T.V. Dhinakaran, speaking to reporters outside Victoria hospital in Bengaluru on Wednesday, January 27, 2021.

12K | V.K. Sasikala released from prison after serving 4-year term

The Income Tax department searched Paul Dhinkaran’s residence and official premises on January 20

9K | I-T raids on Paul Dhinakaran expose ₹120 crore of unaccounted income