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The hurdles in accessing foreign COVID-19 aid

Vikas Dhoot Why is the flow of supplies to India facing problems and is the Central government taking steps to ease it?

interview | Sanjay Jalona Business

‘Great Restructuring’ is the new turning point: L&T Infotech

Mini Tejaswi ‘Customers increasingly looking at digital interventions’

The power consumption in the entire month of May last year was 102.08 BU.

Power usage rose 19% in first fortnight of May

PTI Consumption rose to 51.7 billion units

The All India Motor Transport Congress, which is the top body of the transporters in the country, had demanded from the State government for waiving such a condition.

Maharashtra government exempts truckers from RT-PCR test for entering state

PTI In a relief to road transporters, the Maharashtra government has done away with the mandatory RT-PCR test requirement for the truck drivers in the state, industry body AIMTC said on Saturday. The All India Motor Transport Congress, which is the top body of the transporters in the country, had demanded from the State government for waiving such a condition. The state government in its revised guidelines, issued on Saturday, said that the truck drivers "may be allowed to enter in the state only

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Cairn identifies $70 billion Indian assets for seizing to recover amount due from govt

Airtel offers free recharge pack to low-income customers

Centre asks states to keep ration shops open on all days, for longer duration

Explained | Why is the flow of relief supplies to India facing problems?

Orpat Group to invest ₹125 cr. on expansion

interview | Sanjay Jalona Business

‘Great Restructuring’ is the new turning point: L&T Infotech

Power usage rose 19% in first fortnight of May

Consumption rose to 51.7 billion units

Maharashtra government exempts truckers from RT-PCR test for entering state

In a relief to road transporters, the Maharashtra government has done away with the mandatory RT-PCR test requirement for the truck drivers in the

Chola Financial Holdings Q4 net ₹31.97 crore

For the year ended March 31, profit was ₹21.71 crore, against ₹83.33 crore.

Cairn moves U.S. court to attach Air India assets

The move ratchets up pressure on the Union govt to pay the sum of $1.2 billion plus interest and costs that Cairn Energy was awarded by an arbitration tribunal in December

‘Independent directors’ number declining: IiAS

PSUs not filling up positions, it says

Saint-Gobain to proceed with ₹2,500-cr. investment in India

Company looking for start-ups and acquisitions, says CMD

L&T Q4 net profit rises 3% on improved order execution

CFO projects FY22 revenue growth in ‘low to mid teens’ with pandemic as caveat

Dr. Reddy’s Q4 net slips 29%

Drugmaker reports profit of ₹557.3 cr. as revenue rises 7%

Go Airlines files DRHP to raise ₹3,600 crore

GoAir has placed firm orders for delivery of 144 Airbus A320neo aircraft as part of the growth plan

Govt. may notify export refund rates by May end: DGFT Yadav

Delay has affected exporters’ pricing strategies

Chip shortage to cost automakers $110 bln in revenues in 2021

Automakers are now looking at developing direct relationships with semiconductor makers, said Mark Wakefield, co-leader of AlixPartners' global automotive practice

Sputnik roll out begins, to cost ₹995 per dose

Dr Reddy's administers first dose of Sputnik V vaccine in India

GoAir files preliminary papers for ₹3,600-crore IPO

The proceeds are planned to be utilised towards “prepayment or scheduled repayment of all or a portion of certain outstanding borrowings” as well as for replacement of letter of credits with cash deposit.

Vedanta posts ₹6,432 cr. Q4 net on better volumes

It logged ₹12,521-cr. loss a year earlier

‘Stalled projects’ completion is stimulus’

Centre’s push to help fund stranded housing projects lends boost to realty, core sectors: Sitharaman

Private equity, venture capital flows grow sixfold on low base

April sees 67 deals fetch $7.5 billion; e-com logs $3.7 billion

‘Lockdowns to dent gold sales on Akshaya Tritiya’

Dealers pin hopes on digital demand

Put FCRA on hold to ease relief flow, Nasscom plea to PM

IT body urges emergency nod for all WHO-approved vaccines

MSN Labs inks pact with Eli Lilly to make, market COVID drug Baricitinib

MSN Labs has joined a small, but growing list of drugmakers in India with whom US pharma giant Eli Lilly has got into royalty free, non-exclusive,

April fuel sales decline 9.4% on COVID wave

Diesel slides 9% from April-2019 level

Amrutanjan eyes bigger pie in personal hygiene

Aims to boost Comfy brand offerings

Inflation eases to 4.29%; base lifts IIP

Softer food prices spur April CPI-based inflation to 3-month low, March industrial output jumps 22.4%

‘Demand for security professionals more than doubles; set to increase threefold in four years’

India will require 70,000 cyber experts this calendar year alone: Xpheno

Automobile wholesales dip 30% month-on-month in April: SIAM

The wholesales of passenger vehicles stood at over 2.61 lakh units in April, a month-on-month decline of 10.7% from 2.90 lakh units sold in March 2021.

Nomura pares FY22 growth estimate to 10.8%

‘Lockdowns to impact economy’

SEBI pitches for ‘person in control’ over ‘promoter’

‘Often, PE investors hold special rights’

Oil refiners cut output, imports as pandemic hits fuel demand

Sales in May could be about 5% lower than April, says HPCL Chairman Surana

KFintech acquires stake in insurtech startup Artivatic

KFin will contribute to Artivatic with access to clientele, geographic expansion, thought leadership and technology and process frameworks.

OYO to show vaccination status of hotel staff on app

With ‘VaccinAid’, as a part of the booking journey, users on the OYO app will have visibility on hotels and homes with vaccinated staff, either with the first dose or second dose of the COVID-19 vaccine

COVID-19 | Microfinance sector writes to RBI; seeks emergency credit line

In a letter to the RBI, Sa-Dhan, the industry body representing the microfinance sector, has sought an emergency credit line of up to 25% of their outstanding with the lending banks.

COVID-19 | India’s smartphone market to slowdown in 2Q21

“However, the high shipments from the first quarter should be able to suffice for the immediate demand,” Navkendar Singh, Research Director, Client Devices & IPDS, IDC India, said.

IP waiver will not boost vaccine production: OPPI

‘Critical know-how key to scaling up’

‘Retail auto sales slip 28% over March; May to see muted run’

April saw lockdowns across States, recovery to take longer this time: FADA

Vistara to fly to Tokyo from June 16

The decision to launch a new international route comes despite a fall in demand for travel during the second wave of COVID-19 in the country

Snapdeal creates platform to connect patients with plasma donors

E-commerce firm Snapdeal on Monday launched a new platform which can be used to connect COVID-19 patients with potential plasma donors.The platform,

Bharat Biotech commences direct supply of COVID-19 vaccine Covaxin to 14 States

Bharat Biotech has started supplying its COVID-19 treatment vaccine to the States based on the allocations received by the Central government

April retail vehicle sales fall 28% month-on-month

For FY20-21 vehicle registrations are below FY12-13 levels, lowest in eight years, according to Federation of Automobile Dealers Associations.

Hero MotoCorp extends plant closure by a week

Amid the rising COVID-19 cases, two-wheeler market leader Hero MotoCorp on Sunday said it will extend the shutdown at its manufacturing facilities

Get ‘coached’ on investments

You need a behavioural coach whether you self-manage your investments or not

Ask us: On investments

Q. My father is 58 years old, just retired and my mother is 51, a homemaker. I'm interested in providing them a health insurance cover. Both of them

Don’t sweat the small stuff

Try to focus on your long-term goals instead of getting swayed by short-term returns in pandemic-related themes

Oxygen plants: Maruti Suzuki to join hands with two firms

We decided to use our resources to help scale-up their production on no-profit basis, it says

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