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

Indian IT firms to log 20-30% growth in 2022: analysts

Mini Tejaswi ‘Digital transformation to power deals’

Third wave set to delay multiplex recovery: Crisil

Special Correspondent ‘Big ticket movie releases postponed indefinitely’

File photo of a Vistara aircraft.

Vistara fleet comprises 50 aircraft; 12 planes added in last 21 months

PTI Vistara fleet comprises Airbus A320, A320neo, A321neo, Boeing 737 and B787 planes

Bhupender Yadav, Union Minister of Labour and Employment. File

Total employment in nine select sectors rises to 3.10 crore in July-September 2021: QES report

The Hindu Bureau The quarterly employment survey report released by Union Labour Minister Bhupender Yadav said total employment numbers in the nine select sectors were 3.08 crore in April-June 2021.

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Adani Power, GUVNL settle dispute over power purchase agreement

Suit against Fortis claims $6 billion in damages

KVB customers can pay customs duty online

L&T unit bags significant order from NHSRCL

Ucal Fuel closes ‘unviable’ plant in Puducherry

Third wave set to delay multiplex recovery: Crisil

Indian IT firms to log 20-30% growth in 2022: analysts

‘Digital transformation to power deals’

U.K. Secretary of State for International Trade to launch FTA talks in Delhi on January 12

The schedule for the 2-day visit to India will include bilateral talks between Anne-Marie Trevelyan and Commerce and Industry Minister Piyush Goyal, the Department for International Trade said.

Vistara fleet comprises 50 aircraft; 12 planes added in last 21 months

Vistara fleet comprises Airbus A320, A320neo, A321neo, Boeing 737 and B787 planes

Two lakh more got jobs in 9 sectors in July-Sept. last year

Report, released by Labour Minister, covers manufacturing, construction, trade, transport, education, health, accommodation and restaurants, IT/BPOs and financial services

Less than 100 workers of Foxconn return to one of the dormitories, operations to resume in phased manner

Resuming operations with full workforce to take some more months

Amazon moves tribunal against CCI order

Amazon has filed an appeal in the National Company Law Appellate Tribunal (NCLAT) against the Competition Commission of India (CCI) order that

Ask us: On investments

Another option is an LIC pension scheme for senior citizens called Pradhan Mantri Vaya Vandana Yojana.

Half-truths and promises galore

Your friendly neighbourhood insurance agent, usually a family friend or even a relative, has you in his sights!

Keep an eye on the portfolio

When taking buy/sell investment calls, investors must understand that the market is not under their control

Devas can seize only 50% of Air India’s assets, says Canada court

It quashes order permitting seizure of funds belonging to Airports Authority of India.

Omicron effect: IndiGo to cut 20% of its flights

Surge in COVID-19 cases hits travel demand

Former RBI governor Urjit Patel appointed vice president of AIIB

He has been appointed vice-president of Beijing-based Asian Infrastructure Investment Bank

Bharti to skip option on AGR interest dues

Telecom operator Bharti Airtel will not avail the option of conversion of the interest on deferred spectrum and AGR dues to equity, under the reforms

OYO booked over 5 lakh nights for New Year’s eve

Bookings were worth ₹110 crore: CEO

Reliance arm to acquire New York city luxury hotel

Mandarin Oriental New York is an iconic luxury hotel located at 80 Columbus Circle, directly adjacent to the pristine Central Park and Columbus Circle in New York city

Godrej MEP eyes 25% growth from data centres

Firm plans to invest ₹25 cr. in 2 years

TCS retains passport project; chip-based e-passports soon

Largest software exporter TCS on Friday bagged the second phase of the Passport Seva Programme (PSP), after an over decade-long work in the first

TCS Board to consider buyback proposal on Jan. 12

Smaller peers like Infosys and Wipro have also undertaken buyback programmes to return surplus cash on their books to shareholders.

Reliance raises $4 billion in foreign currency bonds

‘Largest issuance by an Indian firm’

Electronics industry urges cut in import tariffs

‘High rates negate benefits of PLI’

Reliance raises $4 billion in India’s largest-ever foreign currency bonds issue

This is the largest ever foreign currency bond transaction in India, eclipsing ONGC Videsh Ltd’s $2.2 billion bonds issue of 2014.

Delhi HC throws out Subramanian Swamy’s plea against Air India-Tatas deal

BJP leader had sought quashing of disinvestment process

Jet Airways says its VP-operations Sudhir Gaur has quit

The grounded airline in a regulatory filing clarified that Sudhir Gaur was not the interim CEO of the company.

Cairn drops all lawsuits against India

Britain’s Cairn Energy has dropped all lawsuits against the Indian government and its entities in courts from the U.S. to France and to Singapore, to

Malabar Gold eyes FY25 revenue of ₹75,000 crore

Firm to spend ₹1,200 cr. on new outlets

NCLAT junks Anil Agarwal-led firm’s takeover of Videocon

IBC provisions not complied with, says the appellate body

Hughes, Bharti form JV for VSAT services

Hughes Communication India Private Limited (HCIPL) and Bharti Airtel announced the formation of a joint venture to provide satellite broadband

Future wins HC stay on arbitration

The Delhi High Court on Wednesday put on hold the Amazon-Future arbitration going on before a three-member arbitral tribunal adjudicating Amazon’s

Government slaps Xiaomi with ₹653-crore demand notice

‘Mobile firm evaded customs duty’

Passenger vehicle retail sales dip 11 % in Dec amid semiconductor woes

Two-wheeler sales also continued to remain in the slow lane last month.

Delhi High Court stays Amazon-Future arbitration over Reliance deal

Amazon and the Future Group have been locked in a bitter legal tussle ever since the latter entered into a deal for the sale of its assets to Mukesh Ambani's Reliance Retail

SpiceJet prefers appeal against order to wind up company for non-payment of $24 million to Swiss firm

The airline said it had deposited $5 million in court to get the order stayed until the filing of an appeal

The failed deal between Antrix and Devas Multimedia

Why has a Canadian court ordered the seizure of more than $30 million worth of AAI’s assets? How can a foreign power issue such an order?

‘Foxconn plant unlikely to reopen until Jan. 7’

Unit was shut after workers’ protest

Musk’s Starlink to refund pre-orders

Billionaire entrepreneur Elon Musk’s Starlink satellite Internet venture told its members on Tuesday the Indian government had asked the company to

‘India spent record $55.7 bn on gold imports in 2021’

‘Deferred weddings conducted last year spurred demand’

Airtel Payments Bank designated as scheduled bank

The Reserve Bank of India (RBI) on Tuesday said Airtel Payments Bank Ltd. has been included in the Second Schedule to the Reserve Bank of India Act,

HC junks Future’s plea on arbitration with Amazon

Firm urged priority to termination plea

Commerce Ministry to launch Brand India Campaign to boost exports

Commerce and Industry Minister Piyush Goyal has recently reviewed the status of Brand India Campaign of India Brand Equity Foundation

BlackBerry loses bid to dismiss BlackBerry 10 lawsuit in NY, fall trial possible

While the BlackBerry 10 won positive reviews from critics, the public preferred Android-based smartphones and Apple Inc's iPhone, eventually leading to BlackBerry's 2016 decision to stop making phones.

Alka Mittal is interim ONGC head for six months

Alka Mittal is the first woman to head the country's largest oil and gas producer.

Analysis | Is Apple worth $3 trillion? Bulls, bears examine the case

Apple has built an ecosystem of 1 billion iPhone owners who spend money on services and that it is well-positioned for future categories like self-driving cars and augmented reality.

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