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

Vaccinating the workforce can help quicken India’s economic revival, says T.V. Narendran, president designate, CII. File

Let industry help with vaccine roll-out: CII

Special Correspondent ‘Expiry of vaccines is a concern’

IT industry can double in size in 4-5 years: Vijayakumar

Special Correspondent Sector can grow by $200 bn, says HCL Technologies’ CEO

Telcos deposit ₹13,475 cr. for spectrum auction

PTI Jio submits EMD of ₹10,000 crore.

The CoC had approved a resolution plan submitted by a Piramal Group company, Piramal Capital and Housing Finance Limited, last month. Photo: www.piramal.com

Piramal group gets RBI nod for DHFL acquisition

PTI The resolution plan was approved by the CoC in its 18th meeting concluded on January 15, 2021

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Russia’s Kalashnikov may make AK-203 rifle in India

Coronavirus | Let industry help with vaccine rollout: CII

IT industry can double in size in 4-5 years: Vijayakumar

Telcos deposit ₹13,475 cr. for spectrum auction

Flipkart, trade body tie up to help small businesses grow

Commercial markets across India to remain shut on February 26: Traders' body CAIT

IndusInd Bank gets ₹2,021 crore capital boost from promoters

The two promoter entities are IndusInd International Holdings Limited and IndusInd Limited.

Piramal group gets RBI nod for DHFL acquisition

The resolution plan was approved by the CoC in its 18th meeting concluded on January 15, 2021

CAIT seeks ban on Amazon in India

The demand comes after reports of alleged violation of foreign investment regulation by the e-commerce giant

‘India headed for major recovery in ad spends’

Ad expenditure to rise 23.2%: GroupM

‘Don’t permit Future Group meetings’

Amazon has approached the National Company Law Tribunal (NCLT) urging it not to allow convening of any meeting of Future Group’s shareholders or

With formalisation of WFH, would smaller cities become new job hubs?

With many organisations seeking to bring many digital jobs under a remote-working arrangement, talent strategy is in for a significant transformation

Amazon documents reveal secret strategy to dodge India’s regulators

Traders in India have long alleged that Amazon’s platform largely benefits a tiny number of big sellers and that the American giant engages in predatory pricing.

Bharti Airtel to buy out Warburg in DTH arm

Warburg arm to get ₹3,126 cr. for 20%

Country’s top ports witness decline in traffic for tenth month

Cargo traffic at 12 major ports dropped by 7.44% to 542.13 million tonnes (MT) during April-January this fiscal, compared with 585.73 MT in the year-ago period.

USFDA nod for Granules Potassium Chloride ER Capsules

The US Food and Drug Administration (USFDA) has approved drugmaker Granules India’s Abbreviated New Drug Application (ANDA) for Potassium Chloride

PM to initiate work on India’s longest bridge on Feb. 18

The 19.282 km bridge across Brahmaputra will connect Assam’s Dhubri and Meghalaya’s Phulbari

Petrol price crosses ₹100-mark in Rajasthan

State has one of the highest VAT rates on fuel among the big States

Focus on building world class products, not just valuations: PM to startups

The country is not short of ideas, Mr. Modi said, adding that it needs mentors to help turn ideas into reality.

Tatas set to acquire 68% stake in BigBasket for ₹9,500 crore

The Tata group will acquire 68% stake in online grocery platform BigBasket for about ₹9,500 crore, sources said. The group has signed an agreement,

Nestle India net rises 2.3% to ₹483 crore

FMCG major Nestle India Ltd. on Tuesday reported a 2.3% rise in net profit to ₹483.3 crore for the fourth quarter ended December. The company, which

Telcos ask government to defer net neutrality rules

Licence must for OTT providers: COAI

Cairn files case in U.S. to push India to pay $1.2 bn award

Move is a step in firm’s efforts to recover dues, potentially by seizing Indian assets

Amazon to make Fire TV Stick devices in India

Company to join hands with Foxconn subsidiary in Chennai

SAT stays SEBI’s order banning Kishore Biyani, other Future promoters from markets

The Securities Appellate Tribunal (SAT) has stayed the order passed by market regulator SEBI, that had put a one-year ban on Future Retail

Cairn invites bids for gas in Rajasthan unit

Vedanta Ltd. on Monday invited bids for the sale of natural gas from its Rajasthan block at rates equivalent to the price of imported LNG from the

COVID-19 hit products to rebound: HUL

FMCG major Hindustan Unilever expects its ‘COVID impacted’ product categories such as ice-cream and vending solutions to rebound strongly in 2021 with

Incoming WTO head warns ‘vaccine nationalism’ could slow pandemic recovery

The appointment came after U.S. President Joe Biden endorsed her candidacy, which had been blocked by former President Donald Trump.

Oil hits 13-month highs as market rebalances

Prices rally as producers rein in supply

After Amazon moves Supreme Court, Future Group says will defend the matter

Amazon and Future are locked in a bitter legal tussle after the U.S. e-commerce giant dragged Future Group to arbitration at SIAC, arguing that the latter had violated their contract by entering into the deal with rival Reliance.

Major Australian media company strikes Google news pay deal

Seven West Media has become the largest Australian news media business to strike a deal with Google to pay for journalism in a partnership announced

Stocking ammunition to fight the crab

Normal hospitalisation and cancer benefit policies can be a good combo

Cover drive in pandemic times

COVID-19 has propelled the need for choosing a plan with higher sum insured

PM Modi dedicates to nation oil major BPCL's ₹6,000 crore petrochemical complex in Kochi

The Prime Minister also laid the foundation stone of Cochin Port Trust's South Coal Berth

Vodafone Idea loss narrows to ₹4,532 cr., to raise ₹25,000 cr.

Gain from sale of stake in Indus Towers buffers bottom line

ONGC profit dives 67% to ₹1,378 cr. as oil, gas slide

Board approves 35% interim dividend

Apollo Hospitals’ Q3 net rises 12%, revenue drops

‘Focus now on non-COVID-19 patients’

Data buoys: inflation cools to 4.06%, IIP rises 1%

Sharp softening in food prices helps moderate January CPI, while electricity, manufacturing lift December industrial output

SC upholds validity of e-voting results on winding up of Franklin Templeton funds

Terms objections ‘nitpicks’; says unitholders are the best judge of their interest

Industrial production grows by 1% in December

The IIP had grown by 0.4% in December 2019.

Facebook took action on 26.9 mn pieces of content for hate speech in Q4

Rosen explained that improvements in prevalence rates are mainly due to changes made to reduce problematic content in News Feed.

SC upholds validity of e-voting for winding up of six mutual fund schemes of Franklin Templeton

Disbursal of funds to unit holders to continue

ITC posts ₹3,587.2 crore profit for third quarter

Revenue stands at ₹14,124.5 crore

17 major OTT players adopt toolkit for regulation

The Internet and Mobile Association of India said it will set up an ‘IAMAI Secretariat for the Code’ to administer implementation their self-regulation code and the toolkit.

MRF profit doubles to ₹512 cr. on higher sales

Nod for interim dividend of ₹3 / share

Muthoot Finance profit rises 17%

Muthoot Finance Ltd. reported third quarter consolidated net profit rose almost 17% to ₹1,007 crore from the year-earlier period. Total revenue rose

TVS units file follow-up to MFA at NCLT

Member companies of the TVS Group have filed a composite scheme of amalgamations and arrangements with the Chennai Bench of the National Company Law

Ashok Leyland posts net loss of ₹19.4 crore on VRS costs

Revenue rises 20% to ₹4,814 crore

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Maharashtra Congress chief Nana Patole. File

29K | Petrol at ₹100 | Maharashtra Congress chief Nana Patole threatens to stall films of Amitabh Bachchan, Akshay Kumar

Without referring to the relentless increase in retail fuel prices, which are linked to international rates, he said India imported over 85% of its oil needs in the 2019-20 financial year. Screengrab

25K | Petrol at ₹100 | PM Modi blames previous governments for not cutting import dependence

Malala Yousafzai

14K | ‘Next time, there will be no mistake’: Taliban militant threatens Malala Yousafzai on Twitter

A view of COVID-19 Testing Laboratory in Chennai International Airport.

10K | Coronavirus | After reporting three COVID-19 mutant variants, India issues fresh air travel guidelines

A South African woman is briefed before taking a COVID-19 test at the Ndlovu clinic in Groblersdal , 200 kms north-east of Johannesburg in South Africa.

8K | South Africa asks Serum Institute to take back 1 million vaccine doses, says report

Anand Kulkarni, Superintendent of Police, Unnao, who reached the spot where the girls were found.

8K | 2 of 3 Unnao Dalit girls found unconscious in field die

7K | ‘Metroman’ Sreedharan set to join BJP, may contest poll

The first image sent by NASA’s Perseverance rover upon touching down on Mars shows its shadow upon the Red Planet's surface, at the Jezero crater.

7K | NASA’s Perseverance rover makes historic Mars landing

7K | Cartoonscape — February 18, 2021