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

Adani group calls reports of freezing of investors’ accounts erroneous

PTI Shares of Adani group companies plunged on Monday after reports that the National Securities Depository Ltd (NSDL) froze the accounts of the three foreign funds that are among the top stakeholders in the firms.

Cement offtake drops 25% in April-June: ICRA

PTI ‘Pent-up demand to drive sales in Q2’

Image for reperesentative purposes only.

IOB net surges twofold to ₹350 cr. as income rises

Special Correspondent Bank to focus on recovery, says MD

Adani shares fall after India securities depository freezes foreign funds' accounts

PTI Reuters Adani group shares fall between 5% to 18%

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PNB Housing Fin deal under RBI, SEBI lens

Cement offtake drops 25% in April-June: ICRA

Coal India Q4 profit drops 1% on lower sales

SEBI penalises officials of FTAMC

IOB net surges twofold to ₹350 cr. as income rises

Adani group calls reports of freezing of investors’ accounts erroneous

Uber Connect expands reach to 26 cities in India

Doubles number of two-wheelers for delivery of essentials.

USFDA nod for Natco Pharma’s anti-cancer generic drug

While the 10mg and 60mg strengths, of the product, have received final approval from the regulator, the 30mg strength has got a tentative approval.

SEBI tweaks delisting rules to make process transparent, efficient

This comes after the board of SEBI approved several amendments to delisting norms in March to make the process more transparent and efficient.

Patanjali’s Ruchi Soya files for ₹4,300 crore FPO

50% of the issue size will be on offer to Qualified Institutional Buyers, 15% to Non-Institutional investors and 35% to Retail Individual Investors.

Adani shares fall after India securities depository freezes foreign funds' accounts

Adani Enterprises tumbled 24.99% to ₹1,201.10, Adani Ports and Special Economic Zone plummeted 18.75% to ₹681.50 on the BSE

To claim or not to claim

Motor Third-Party Liability (TP) insurance is a cover under which the insured does not get to make a claim, but is covered for any claims that others

Covid-19 | Railways’ earnings from sale of platform tickets drops by 94%

In 2019-2020, the Railways netted ₹160.87 crore which was the highest earning from platform tickets for the national transporter in the last five years.

Coal India’s 114 mining projects under different stages of implementation

The coal behemoth took various measures to ensure timely completion of projects

Current fiscal may see highest number of model launches: Royal Enfield

The company, which is part of Eicher Motors, noted that it has a rich pipeline of products under development which could hit the market in the coming days

CAIT urges CCI probe against Amazon, Flipkart

Group writes to Goyal after HC ruling

‘Revised subsidies to spur EV demand’

Electric 2-wheeler makers term increased support under Centre’s FAME II scheme as ‘game changer’

‘Second wave impacts luxury home purchases’

‘Need for space had spurred demand’

‘Helicopter approach helped Roca post growth during pandemic’

A slew of measures from new product launches to loyalty programmes helped sanitaryware firm post robust revenue: MD

Speed up vehicle scrapping: Finance Minister

Nirmala Sitharaman said that enhanced capital expenditure will play a critical role in revitalising the economy post-pandemic

IIP rises 134.4% in April, but just 0.08% over pre-COVID level

The manufacturing sector, hit hardest by the national lockdown over April 2020, recorded a 197.1% uptick this April, though it was still 0.9% lower than April 2019 levels

SBI unveils Kavach Personal Loan scheme for COVID treatment

The loan covers expenses of COVID treatment of self and family members of the customer.

Fall in e-waste generation in poor countries shows growing digital divide, report says

E-waste in poor countries is managed inappropriately by the informal sector in open burning and acid baths, which are polluting the environment and depleting valuable resources

Food-unit bills to carry FSSAI licence details

Food safety regulator FSSAI has mandated food business operators to mention FSSAI licence or registration number on cash receipts or purchase invoice

Air traffic to recover fully only by Q4 of FY23: Crisil

‘COVID wave to spur slump this fiscal’

‘Real estate hit worse by second wave than first’

Sales have plunged since April: Credai

Coronavirus | Paytm, MakeMyTrip, Infosys offer to help India with vaccine bookings

Only 3.5% of India's 1.3 billion population has been fully immunised against COVID-19

Govt to auction 'major' oil, gas fields of ONGC, OIL: Pradhan

The government will auction unmonetised large oil and gas fields of state-owned ONGC and OIL to boost the country's hydrocarbon production, Petroleum

Reliance shuts unit at Jamnagar refinery

Reliance Industries Ltd said it has shut a secondary unit at its only-for-exports oil refinery at Jamnagar in Gujarat, which may delay shipment of

India, South Africa’s patent waiver proposal in WTO achieved tremendous mileage, progression: Commerce Secretary

“India and South Africa’s proposal has achieved tremendous mileage and tremendous progression at a very fast pace,” Commerce Secretary Anup Wadhawan said

Mankind Pharma launches drug to treat black fungus

The company has launched the drug under the brand name Posaforce 100

Tata Digital to acquire majority stake in ehealth firm 1MG Tech

Tata Digital Ltd, a 100% subsidiary of Tata Sons has entered into an agreement to acquire majority stake in 1MG Technologies Pvt Ltd, a digital

Passenger vehicle retail sales down 59% in May as COVID disruptions impact offtakes: FADA

Total registrations across categories declined by 55% to 5,35,855 units last month compared to 11,85,374 units in April

Advent exits Crompton, sells 5.4% stake

Private equity firm Advent International Corp. on Wednesday divested its entire 5.36% stake in Crompton Greaves Consumer Electricals for a little over

Videocon rises 4.9% on NCLT nod for Vedanta firm’s offer

Mining group’s stake in Ravva oilfield to rise to 47.5%

China factory price surge signals global pressures

Producer price index rises 9%

Rockwell freezers for Dr. Reddy’s to store Sputnik vaccine

Commercial cold chain appliance manufacturer Rockwell Industries on Wednesday said it has entered into a partnership with Dr. Reddy’s Laboratories to

Govt gives nine-month extension to LIC Chairman Kumar

The govt has approved the proposal of the Department of Financial Services for extending the term of M.R. Kumar from June 30, 2021 till March 13, 2022

I-T portal glitch | Expect system to stabilise this week: Infosys

On June 8, Finance Minister Nirmala Sitharaman had asked Infosys to fix technical glitches being encountered on the I-T Dept.’s new e-filing website

PC emerges as India’s most preferred gaming device: HP

‘Women, students, GenZ youth want to make career in gaming.’

Uber to hire close to 250 engineers in India to expand tech, product teams

"In order to serve more people across the globe, we’re expanding our teams,'' says senior director (engineering) Manikandan Thangarathnam at Uber

‘Free vaccines to States to add just ₹10,000-crore’

Fiscal deficit to widen by only 0.4%: UBS

Franklin Templeton to move SAT

Franklin Templeton Asset Management (India) said it strongly disagreed with the findings of SEBI’s order in the case of winding up of 6 debt schemes

IP Rings, U.K.’s Eminox to develop exhaust systems

JV to address ₹8,000-crore market

LIC weighs on life insurers’ performance

Life insurers have reported a 5.55% decline in first-year premium at ₹12,976.99 crore for May, a performance dominated by market leader LIC’s

63 moons to challenge Piramal’s DHFL acquisition

63 moons technologies said it will challenge the order of the National Company Law Tribunal (NCLT), Mumbai allowing Piramal Group to acquire DHFL

‘Textile units in Kanpur, Chennai-Kancheepuram worst hit by COVID stress’

Credit to sector fell 20%: SIDBI report

Urban Company to hire over 100 engineers in current financial year

The home services marketplace also announced the appointment of Amit Das as Vice President, Design & Research, and Rishabhdhwaj Singh as Vice President, Engineering.

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Sulabh Srivastava

27K | Uttar Pradesh scribe who expressed threat to life by ‘liquor mafia’, dies in ‘road accident’

People get vaccinated during a vaccination drive at Palavakkam, Chennai on May 18, 2021.

22K | India confirms first death following COVID-19 vaccination

Relatives offer flowers and perform rituals at the grave of a person who died of COVID-19 at a crematorium on the outskirts of Hyderabad on May 23, 2021.

20K | Excess deaths in Hyderabad are 10 times the official COVID-19 toll for Telangana

Security personnel keep watch outside the Wuhan Institute of Virology during the visit by the World Health Organization (WHO) team tasked with investigating the origins of the coronavirus disease (COVID-19), in Wuhan, Hubei province, China. File photo.

19K | Chinese scientist at center of coronavirus controvery breaks her silence

A file photo of shops on S.P. Road closed, during the lockdown, in Bengaluru.

14K | Highlights of COVID-19 restrictions in Bengaluru effective for a week from June 14

Tanks pull back from the banks of Pangong Lake on February 10, 2021.

13K | A year after Galwan clash, China beefing up positions along LAC

Anand took on Aamir, Arijit and Anany Birla, among others, in an online challenge organised by chess.com

11K | Chess fundraiser | Nikhil Kamath admits using computer in his win against Viswanathan Anand

Photo used for representation purpose only.

10K | Government report flags ‘lapses’ in Nagaland bat study

9K | Cartoonscape — June 14, 2021