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

Well-oiled machine: The recovery in global energy markets supported strong fuel margins, boosting O2C earnings.

RIL net rises 42%; retail, shale sale buoy

Special Correspondent Third-quarter profit climbs to ₹18,549 crore as overall revenue surges 52% to ₹2,09,823 crore

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The IPO would close on January 31.

Adani Wilmar’s ₹3,600-cr. IPO to open on Jan. 27

Special Correspondent Firm to trim debt with issue proceeds

3hrs

‘Time to look at healthcare differently’

Special Correspondent Rationalising GST rates could make sector affordable, says Apollo Hospitals MD

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An oil refinery of Essar Oil , which runs India's second biggest private sector refinery, is pictured in Vadinar in the western state of Gujarat, India, October 4, 2016.

OPEC's share of Indian oil imports falls to lowest in at least 15 yrs

Reuters India's crude imports rebounded 3.9% to 4.2 million barrels per day (bpd) in 2021, the data showed, but remained below pre-pandemic levels in 2019

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Indian Missions can popularise National Single Window System: Goyal

Adani Wilmar’s ₹3,600-cr. IPO to open on Jan. 27

Importers, govt. duel in Supreme Court over GST on ocean freight

FedEx starts EV trials in India

RIL net rises 42%; retail, shale sale buoy

‘Time to look at healthcare differently’

Start-ups raised a record $24.1 billion in 2021: study

Two-fold rise from pre-COVID levels, according to a new study by NASSCOM and Zinnov.

Wendt India posts 101% jump in Q3 net proft

The Murugappa group firm achieved sales of ₹36 crore, an increase of 19% over than the corresponding period last year.

OPEC's share of Indian oil imports falls to lowest in at least 15 yrs

India's crude imports rebounded 3.9% to 4.2 million barrels per day (bpd) in 2021, the data showed, but remained below pre-pandemic levels in 2019

‘Vedanta mulls $10-bn fund to bid for BPCL, other assets’

Money will never be a problem, says chairman Agarwal

NCLAT directs Jalan-Kalrock consortium to share resolution plan details with Jet Airways workmen

The development comes almost seven months after the Mumbai bench of the NCLT approved the Jalan-Kalrock Consortium''s resolution plan

Videocon lenders invite fresh EoIs

The consortium of lenders of Videocon Industries has invited fresh expressions of interest (EoIs) for the debt-ridden group after the insolvency

Apollo Tyres invests in solar energy firm

Leading tyre manufacturer Apollo Tyres Ltd. (ATL) has picked up a 27.2% stake in CSE Deccan Solar, a subsidiary of Cleantech Solar, to get a

Natco, 9 others chosen to supply COVID-19 drug

UN-backed MPP signs sublicence pacts

Institutional realty stake dropped 14% in 2021: JLL

‘Second wave impacted investments’

HUL Q3 net rises 17% to ₹2,243 cr.

High inflation, raw material prices may pressure margins in near term, says CMD

Toyota announces Hilux, its maiden ‘Lifestyle Utility Vehicle’ in India

‘Prices will be revealed in March; deliveries from April onwards’

Mixed reality can offer health, safety benefits to first-line workers: Microsoft

Microsoft launches HoloLens2 in India

Fluence, ReNew to form JV to boost energy storage sector in India

Fluence Energy Inc., a global market leader in energy storage products, and renewable energy company ReNew Power Private Ltd, have signed an

Walmart invites Indian sellers to join its marketplace to serve U.S customers

The company has set an ambitious goal of exporting $10 billion from the country each year by 2027.

Customer spending across sectors, regions remains robust: LTI’s Sanjay Jalona

`Momentum to continue for at least 3-5 years’

Ban on regular international flights extended till Feb. 28

The Directorate General of Civil Aviation on Wednesday extended the ban on scheduled or regular international flights till February 28. However,

Air India cancels U.S. flights for second day

Safety concerns over 5G rollout in U.S.

Mills call for lifting import duty on cotton

Textile mills have reiterated their demand to remove the import duty on cotton as prices of domestic cotton continue to increase. Chairman of Southern

Chola floats 3 loan units, partners fintech firms

Picks up 70% in Payswiff for ₹450 cr.

Tata Motors rolls out CNG-fuelled Tiago, Tigor

Offers iCNG tech in both PV models

BharatPe MD Ashneer Grover takes voluntary leave till March-end

Grover was recently embroiled in a controversy over purportedly using abusive language against Kotak Mahindra Bank staff

Symphony Technology Group rebrands McAfee, FireEye combine as Trellix

Symphony Technology Group (STG), a California-based private equity firm, has merged two of its recent acquisitions, McAfee Enterprise and FireEye and

Reliance Jio topples BSNL as largest fixed line broadband provider

Jio started commercial roll out of fixed line broadband service, JioFibre, in September 2019

Lupin ties up with China’s Fancoo Pharma

“Lupin is committed to serving the healthcare needs of the Chinese population by providing high quality products”

Nazara to acquire majority stake in Datawrkz

It will acquire a 33% stake in the first tranche by April 2022.

Reliance Jio prepays ₹30,791 crore towards spectrum acquisition dues

RJIL had executed the first tranche of prepayment in the month of October 2021 pertaining to spectrum acquired in the auction in 2016

AT&T, Verizon to delay launch of 5G services after airlines raise alarm

Airlines want the new service to be banned within two miles of airport runways

OPEC sees well supported oil market in 2022, despite Omicron

OPEC on Tuesday stuck to its forecast for robust growth in world oil demand in 2022 despite the Omicron coronavirus variant and expected interest-rate

‘Cyberattacks surge as COVID spurs digital push’

Ransomware incidents rose 151%: WEF

Twin Star goes to SC over its Videocon bid

Vedanta Chairman Anil Agarwal-promoted Twin Star Technologies has moved the Supreme Court challenging the NCLAT’s order that set aside its

‘Chunk of workforce for shifting jobs’

Notwithstanding the pandemic, India’s workforce is optimistic about the future of work, and a significant percentage of professionals are considering

Reliance Retail buys 54% in Addverb Tech

Reliance Retail has acquired a 54% stake in domestic robotics company Addverb for $132 million (about ₹983 crore), a senior official of the robotic

Centre invites applications for IRDAI post

Insurance regulator without a Chairman for over eight months now

Third wave to dent Housing Finance Companies' asset growth by 200 bps

Crisil sees more organic consolidation

‘Two-pronged strategy to bolster CG Power’

‘Focus on legacy, risk management’

Vikram Dev Dutt to head Air India

The appointment comes at a time the government is in the final stages of handing over the airline to Tata Sons

Interview | Akasa Air: Will get first aircraft in April, flights from May or June, says founder

The country’s newest airline will acquire 18 aircraft in the first year and focus on domestic routes, before launching international flights, says Managing Director and Chief Executive Officer Vinay Dube.

DoT amends telecom licences to enable machine-to-machine communications

The DoT has also added a clause for provisioning of audiotex or interactive voice response service (IVRS) as part of telecom licence

Uncertainty delays jobs recovery: ILO

The global job market will take longer to recover than previously thought, with unemployment levels set to remain above pre-COVID-19 levels until at

‘Axis closing in on Citi India’s consumer unit’

Axis Bank has emerged as the front runner to buy Citi’s consumer business in India, which is being valued at about $1.5 billion in a planned deal

SEBI mulls ‘alternate dispute resolution’ tool

‘Aim is to help empower investors’

M&M unveils scheme for BS 6 CVs

Mahindra’s Truck and Bus Division (MTB), part of the Mahindra Group, has announced ‘Get More Mileage or Give Truck Back’ guarantee plan for its BS 6

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India's Permanent Representative to the UN, T.S. Tirumurti speaking at the UNSC, in New York. File

38K | Recognise ‘Hinduphobia’ and violence against Buddhists, Sikhs too: Indian envoy to U.N.

The bank took over the possession of the store for non-payment of dues, under provisions of The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act

19K | Indian Bank takes over Saravana Stores (Gold Palace) in T. Nagar for non-payment of dues

In 2021, the DoPT directed West Bengal Chief Secretary Alapan Bandyopadhyay to report to its office hours after Bengal Chief Minister Mamata Banerjee allegedly skipped a review meeting on Cyclone Yaas with Prime Minister Narendra Modi. File

18K | States weigh options on IAS cadre rule changes

A view of Supreme Court in New Delhi. File photo

15K | Supreme Court upholds validity of OBC quota in NEET admissions

13K | The gentleman spymaster who had India enthralled

12K | Pakistani woman sentenced to death for 'blasphemous' WhatsApp status

Prime Minister Narendra Modi during the national launch ceremony of ‘Azadi Ke Amrit Mahotsav se Swarnim Bharat Ke Ore’, through video conferencing in New Delhi on January 20, 2022. Photo: PIB via PTI

11K | Focus on rights made India weak, says PM

BJP's Aparna Bisht Yadav seeking blessings from Samajwadi Party patriarch and her father-in-law Mulayam Singh Yadav in Lucknow on Friday, January 21, 2022.

10K | After joining BJP, Mulayam’s youngest daughter-in-law Aparna seeks his blessings

Filr photo of Congress leader Rahul Gandhi

9K | 'Hindutvavadis' cowards, spreading hatred on virtual spaces: Rahul Gandhi