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

Shoring up: Duties were increased last year on the likes of toys, electrical and electronics items by up to 20%.

Govt. may raise import duties by 5-10%

Reuters Budget likely to raise levy on more than 50 items including smartphones, electronic components

India, China may take lead in Asia’s Covid vaccination plans, says Moody’s Analytics

Special Correspondent Second most-hit nation’s role will soften severity: Moody’s

Bird flu outbreak to hit January sales, says Crisil

Special Correspondent ‘Unlikely to dent profitability this fiscal’

Lexus unveils LS 500h Nishijin sedan at ₹2.2 crore

Special Correspondent The LS 500h Nishijin at ex-showroom New Delhi price of ₹2.22 crore.

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Mindtree net jumps 65.7% to ₹326.5 crore

Total inks pact for 20% in Adani Green

Sugar output rises 31% to 142.7 lakh tonnes: ISMA

Avian flu outbreak to hit Jan. poultry sales: Crisil

India, China may take lead in Asia’s Covid vaccination plans, says Moody’s Analytics

Govt. may raise import duties by 5-10%

Lexus unveils LS 500h Nishijin sedan at ₹2.2 crore

The LS 500h Nishijin at ex-showroom New Delhi price of ₹2.22 crore.

India, China set to lead vaccine distribution in APAC region: Moody’s Analytics

Moody’s Analytics said the Indian government plans to inoculate nearly 300 million high-priority people, including health workers, the elderly, and those with higher co-morbidities by August.

Trump's China tech war backfires on automakers as chips run short

The problems stem from a confluence of factors as auto manufacturers compete against the sprawling consumer electronics industry for chip supplies.

RBI likely to propose stricter rules for shadow banks: sources

The RBI is expected to set out proposals in a discussion paper next week, recommending that bigger shadow banks maintain a statutory liquidity ratio, the sources said.

Is ‘sum assured’ the same as ‘sum insured’?

‘Sum insured’ and ‘sum assured’ are among the fundamental terms an individual essentially needs to understand before choosing a life insurance plan.

Planning for the preventable

Vaccination, inoculation procedures are usually not covered by health insurers

Ask us: On investments

An amount spent towards preventive health check-ups can be claimed up to ₹5,000 subject to the overall limits as provided under Section 80D.

Centre extends bidding deadlines for Pawan Hans disinvestment

The government had invited expressions of interest from bidders for its 51% stake in mini-Ratna PSU Pawan Hans, with January 19 as the deadline.

Amazon Prime Video to continue investing in local content

A new partnership with Airtel will allow prepaid users of the telecom major to avail the video streaming service as a standalone offering.

Excise duty collection jump 48 % this fiscal on record hike in taxes on petrol, diesel

With this, the total incidence of excise duty on petrol rose to ₹ 32.98 per litre and that on diesel to ₹ 31.83 a litre.

Demand to rationalise GST on food delivery biz to 5 %

Customers taking food delivery at their home or office are paying 13% higher price on the same food and beverages compared to customers who are walking down to restaurants as the dine-in tax rate is 5%, they claimed.

EPFO settles 56.79 lakh COVID-19 advance claims, releases over ₹14,000 cr till December

The amount of disbursals under COVID-19 claims to subscribers is a sizable amount of over one fifth of the total disbursement during the period by the EPFO.

‘Retail inventory has piled up’

Incentivise creation of jobs, MD of Clarks India urges govt.

ATF prices raised for fourth time in 2 months

Petrol, diesel remain unchanged

Apple payout on VirnetX patent may exceed $1.1 bn

Apple’s request for a new trial and several other claims were rejected.

Lenders back Piramal’s bid for DHFL

Piramal Enterprises’ bid received 94% votes as compared to 45% for the U.S.-based Oaktree Capital.

Narendra Modi announces ₹1,000-crore 'Startup India Seed Fund'

Addressing the 'Prarambh: Startup India International Summit', Mr. Modi exuded confidence that the growth of startups will help in generating jobs and improving lives of people in the region.

Travel agents’ body seeks guidelines for travellers who have taken Covid-19 jab

It asks govt. to do away with quarantine requirement for inoculated travellers.

HDFC Bank Q3 net rises 14.36% to ₹8,760 crore

Its total income increased to ₹37,522 crore on a standalone basis compared to ₹36,039 crore in the year-ago period

WhatsApp policy: traders’ body moves Supreme Court

The traders’ body has also requested the Union of India to frame guidelines to govern big technology companies.

Gadkari pitches for more research to identify import substitute products

Instead of importing spare parts, the industry should help their vendors find an indigenous replacement, Mr. Gadkari said in a virtual meeting on January 15.

Army inks $20 mn deal with ideaForge for UAV

‘Indigenous technology for surveillance’

OneWeb fundraising nudges $1.4 bn: Bharti

SoftBank Group gains board seat

HCL Tech Q3 profit rises 31% on digital, cloud momentum

Firm declares ₹4 interim dividend; raises growth guidance

Honda City tops mid-sized sedan segment in 2020 with sale of 21,826 units

Honda Cars India on Friday said its mid-sized sedan City led the segment last year with cumulative sales of 21,826 units.Staying true to its legacy

GAIL announces ₹1,046.35 crore share buyback

In a stock exchange filing, the company said its board has approved the buyback of 6.97 crore shares at a price of ₹150 per share.

HCL Tech Q3 net profit up 31% to ₹3,982 crore

IT firm HCL Technologies on Friday posted 31.1% rise in net profit at ₹3,982 crore for the December 2020 quarter. The IT major had registered a net

India fifth largest market; focussed on meeting language needs, enhancing ease of access: Wikipedia

Wikipedia, which turns 20 on January 15 has over 55 million articles that can be accessed in more than 300 languages.

Open to answering any queries from govt. on privacy policy update: WhatsApp

Under fire over its recent privacy policy update, WhatsApp on Thursday said it is open to answering any questions from the government on the issue

NCLT passes order to liquidate dairy firm Kwality

The National Company Law Tribunal (NCLT) has directed to liquidate debt-ridden dairy firm Kwality Ltd after the company failed to finalise any

Passenger vehicle wholesales up 13.6%: SIAM

As per the data, passenger vehicle sales stood at 252,998 units in December 2020, compared to 222,728 units in December 2019

Adani Enterprises wins ₹1,838-crore highway project from NHAI in Kerala

The project, under hybrid annuity mode (HAM), is a part of Bharatmala Pariyojna.

Petrol, diesel prices hiked again, scale new highs

In Mumbai, the price of petrol was increased to ₹91.32 a litre from ₹91.07 previously, while diesel rates went up from ₹81.34 to ₹81.60 per litre.

Infosys profit climbs 16.6%, Wipro’s jumps 20.8%

IT majors upbeat on demand outlook with former lifting full-year revenue forecast, latter saying ‘bullish’ on growth

IRDAI forms advisory panel on health cover

Insurance regulator IRDAI has constituted a health insurance advisory committee to examine the availability of products, suggest approach on the

Hyundai Motor exports cars to Nepal via rail

Move to cut logistics cost, travel time

Delhi HC asks Future to respond to Amazon plea

U.S. firm challenges bench’s observation

RBI forms working group on digital lending

Benefits and risks interwoven in such platforms, need regulation: central bank

Transported 3.5 tonnes of COVID-19 vaccines to 11 cities on Wednesday: SpiceJet

SpiceJet said it transported 3.5 tonnes of COVID-19 vaccines on Wednesday from Mumbai, Pune and Hyderabad to 11 cities across the country.The

Wipro Q3 net profit up 20.8% to ₹2,968 crore

The net profit attributable to shareholders in the year-ago period was at ₹2,455.9 crore

Telegram crosses 500-million subscriber mark led by user additions in Asia

Between January 6 and 10, the messaging service recorded 1.5 million new downloads in country.

Vistara joins COVID-19 vaccine transportation drive, carries shipments to various destinations

Vistara, a joint venture airline of the Tata Group and Singapore Airlines, also joined the COVID-19 vaccine transportation drive in the country on

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Republic TV owner Arnab Goswami. File

31K | Three days before Balakot, Arnab told ex-BARC chief ‘something big will happen’

Senior Congress leader Randeep Surjewala. File

27K | Arnab Goswami WhatsApp chats | Opposition demands inquiry

22K | Moradabad hospital ward boy dies after COVID-19 vaccination, officials say death due to heart disease not vaccine

Pakistan Prime Minister Imran Khan

21K | Imran Khan attacks Modi government over Arnab Goswami chats

A still from Tandav

18K | Tandav controversy | I&B Ministry seeks explanation from Amazon Prime Video

16K | Do not consume alcohol for 45 days after vaccination: Experts

Parna hydroponic farm

12K | Coimbatore’s hydroponic farm delivers fresh greens within three hours of harvest

One of the cold storage boxed for keeping coronavirus vaccine in South Delhi Municipal Corporation at Srinivaspuri in New Delhi

11K | Coronavirus | One ‘severe’, 51 ‘minor’ cases of post-vaccination adverse events reported among health workers in Delhi

Covishield vaccine immunisation for COVID-19 at the Government General Hospital in Chennai on January 17, 2020.

11K | Coronavirus | 2.24 lakh vaccinated in two days, 447 report adverse reactions