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

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

PTI 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's state-owned natural gas utility GAIL (India) Ltd.

GAIL announces ₹1,046.35 crore share buyback

PTI 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.

OneWeb said it has raised additional funding from SoftBank Group and Hughes Network Systems.

OneWeb fundraising nudges $1.4 bn: Bharti

Special Correspondent SoftBank Group gains board seat

File photo for representation.

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

PTI 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 of being the Japanese automaker's longest running nameplate in India, the all-new fifth generation City was launched in July 2020 and has once again exceeded benchmarks with its design, technological prowess, safety and connectivity features, the automaker said in a statement.The City's market share in December 2020 stood at 41 % in the segment, it

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Army inks $20 mn deal with ideaForge for UAV

OneWeb fundraising nudges $1.4 bn: Bharti

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

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

GAIL announces ₹1,046.35 crore share buyback

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

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

Bharat Biotech dispatches Covaxin supplies to 11 cities

Government has placed purchase order for 55 lakh doses

Bharti Airtel shares zoom over 6%

Shares of Bharti Airtel on Wednesday zoomed over 6% after the company said it has received approvals for relevant downstream investments post FDI

Cement firms reject cartel charge, urge realty price cut

‘Almost 75 lakh houses/flats remain unsold in 9 markets’

Bharat Biotech to supply Covaxin to Brazil

‘Twelve million doses to be shipped’

Update won’t affect privacy: WhatsApp

Facebook unit says private messages will continue to be encrypted end-to-end

‘42% of firms will continue to invest in cybersecurity’

Data safety a key concern in 2021: Dell

‘Minimised impact of lockout on sales, orders’

Toyota lifts two-month factory lockout

Electric vehicle major Tesla gets an India address

As per an RoC filing, Vaibhav Taneja, Venkatrangam Sreeram and David Jon Feinstein have been named as directors of Tesla’s India subsidiary.

Industrial production shrinks 1.9% in November; enters negative zone after 2 months

Mining sector output too witnessed a decline, shrinking 7.3%. However, power generation grew 3.5% in the month under review.

SAT sets aside Sebi's penalty on SBI, Bank of Baroda, LIC in UTI AMC case

Securities and Exchange Board of India (Sebi), in August 2020, levied the fine on three financial institutions for failing to reduce their stakes to below 10% in UTI Asset Management Company

TKM lifts two-month long factory lock-out

Normal production to resume from Tuesday.

Steep steel prices hurt several sectors as China gorges on ore

Automakers to construction industry face rising input costs

Ford announces closing of Brazil manufacturing operations

Ford Motor has said it will close three plants in Brazil and stop producing automobiles in the South American country.The company said in a statement

Next round of commercial coal mining auction ‘soon’

Joshi unveils single window clearance

Amazon again urges SEBI to suspend Future-RIL deal review

E-com firm also files appeal in HC on tribunal proceedings

Retail vehicle sales grow for first time in FY21 on pent-up demand: FADA

Warns of ‘bleak’ January on price rise

SAT directs NDTV’s Prannoy Roy, Radhika Roy to deposit 50% of disgorged amount

It further said if NDTV deposits the amount, the balance amount will not be recovered during the pendency of the appeal before SAT.

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Q3 private investment in manufacturing jumps 102%

Funds crunch cripples govt. spend on new projects

Apple, Hyundai to agree on electric car tie-up early this year

Both companies plan to release a "beta version" of Apple cars next year.

Traders’ body seeks ban on WhatsApp, Facebook over new privacy policy

CAIT writes to IT Minister seeking government action.

D-Mart parent’s Q3 net rises 16.4% to ₹447 crore

Festive sales pushed metrics, says CEO

RInfra sells full stake in PKTCL for ₹900 crore

The proceeds will be utilised for debt reduction, and the company’s dues will come down by 6% to ₹13,100 crore from ₹14,000 crore.

December fuel demand rises to 11-month high

Diesel sales slip from year-earlier period for a second straight month dampening overall consumption.

‘Aiming to make Kirloskar’s overseas business debt-free’

‘Our objective is not sales, but cash flow and profit’

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