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No error of judgment in HFC deal: PNB MD

PTI ‘SAT order to set future course of action’

The company reported a consolidated revenue of ₹268.54 billion for the quarter ended June 30, compared with ₹232.90 billion a year earlier.

Bharti Q1 revenue climbs 15% as data, subscriber additions buoy

Reuters Telco adds 46.1 million 4G customers, ARPU rises to ₹146.

Union Minister Nitin Gadkari. File

‘Roll out flexible fuel vehicles in a year’s time’

Special Correspondent Union Minister of Road Transport and Highways Nitin Gadkari urged automakers to roll out flex-fuel vehicles capable of running on 100% ethanol in the Indian market within a year’s time.Flexible fuel vehicles are designed to run on petrol or petrol-ethanol blends. India plans to achieve 20% ethanol blending by 2025.He also appealed to all private vehicle makers to compulsorily provide a minimum of six airbags in all vehicles in the interest of passenger safety.CEOs from the Society of India

File Photo: Ronojoy Dutta, CEO of InterGlobe Aviation.

IndiGo to launch IATA Travel Pass for international travel

Special Correspondent IATA Travel Pass is a mobile app that helps travelers to store and manage their verified certifications for COVID-19 tests or vaccines and securely share the results with airlines

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Tata Motors launches new Tiago NRG

BharatPe raises $370 million funding led by Tiger Global

City firm bags ₹350-cr. order from Maldives

‘Roll out flexible fuel vehicles in a year’s time’

‘Asset quality pressure to persist for NBFCs’

BoI PAT down 15% on higher provisioning

Insolvency code has strayed from intent: Parliament panel

Committee seeks IBC review; flags low recovery rates, delays, vacancies in NCLTs

Floor prices for data are critical: COAI

The association said floor prices needed to be fixed for data only for an interim period, say two years, and that voice calls could be excluded.

Bharti Q1 revenue climbs 15% as data, subscriber additions buoy

Telco adds 46.1 million 4G customers, ARPU rises to ₹146.

PepsiCo to sell juice brands in NA for $3.3bn

PepsiCo Inc unveiled a $3.3 billion sale of its Tropicana and other juice brands in North America to French private equity firm PAI Partners on

No error of judgment in HFC deal: PNB MD

‘SAT order to set future course of action’

IndiGo to launch IATA Travel Pass for international travel

IATA Travel Pass is a mobile app that helps travelers to store and manage their verified certifications for COVID-19 tests or vaccines and securely share the results with airlines

Nykaa files IPO papers with SEBI

The E-commerce beauty company plans to use the investment in its subsidiaries — FSN Brands or Nykaa Fashion

UST to hire over 10,000 techies in 2021

2,000 freshers to be recruited, majority will be from India.

‘No formal proposal from Cairn to settle dispute’

Centre faces $1.2-bn payout to the firm

Fincare SFB’s ₹1,330-cr. IPO gets SEBI nod

Fincare Small Finance Bank (SFB) has received capital markets regulator SEBI’s go-ahead to raise ₹1,330 crore through an initial share sale. The

Work on six lakh homes facing delay: Anarock

‘Projects are worth over ₹5 lakh crore’

Policybazaar files papers for ₹6,017.5 -cr. IPO

PB Fintech, that operates online insurance platform Policybazaar and credit- comparison portal Paisabazaar, has filed preliminary papers with market

CUMI profit leaps to ₹63 cr. as sales rise

Carborundum Universal Ltd.’s (CUMI) standalone net profit for Q1 FY22 jumped sixfold to ₹63 crore on better volumes. Income from operations almost

CG Power turns ₹44.5-cr. net, costs impact margin

TII arm’s sales surge to ₹954 crore

‘Each Paytm Money user invested ₹70,000 in FY21’

MFs attracted 64% of the users: study

HDFC net dips a tad; ‘second wave impacts NPAs, collections’

Demand strong, buyers prefer ready-to-occupy units: Mistry

NMDC logs higher sales, production

India’s largest iron ore producer NMDC has reported a nearly 40% jump in production and 28% higher sales for July. Iron ore production stood at 3.06

‘Govts. must help cut car buying cost to lift sales’

Maruti flags high tax rates, input costs

Va Tech Wabag bags ₹1,230-cr. Russian order

Va Tech Wabag, a leading pure-play water technology firm, has bagged a ₹1,230-crore order from Russia-based Amur Gas Chemical Complex LLC. This order

‘Willing to hand over VIL stake’

Birla tells Centre ‘overseas investors need clarity’ on norms

At $35 bn, July exports 34% higher than pre-COVID level

Trade deficit hits three-month high as gold imports jump 145.4% from 2019 levels

High GST, acquisition cost slowing down car demand, says MSI chairman

Production and sales again dropped and the recovery that had started in the previous quarter suffered a set-back.

Government assures safeguarding interests of Ordnance Factory employees

“The government has ensured safeguarding the interests of the employees of Ordnance Factory Board post corporatisation of the OFB,” Minister of State for Defence Ajay Bhatt said in Rajya Sabha.

Glenmark inks pact with SaNOtize to produce, market anti-COVID-19 nasal spray in India, other countries

Available in the form of a nasal spray, it is designed to kill the virus in the upper airways, preventing it from incubating and spreading to the lungs

Do you want to bond with the best?

An investor must mull finer points before choosing government bonds over bank FDs

Let your life cover strategy age well

A term insurance plan needs to be reviewed and added to at different stages in life

Venugopal Dhoot moves NCLAT to set aside NCLT order on Videocon

He accuses resolution professional of eroding the value of the company by closing it down

SBI waives home loan processing fee till Aug 31

It will encourage home buyers to take decision with ease, it says

Govt. framing standards for services sector: Goyal

‘India seeing rapid rise in use of digital’

SEBI urges peers to rethink bond market curbs

Markets watchdog calls on RBI, IRDAI, PFRDA to relax investment restrictions to help ease financing for infrastructure

IT offshoring rises as large, multi-year deals spur trend

‘Higher offshoring helps raise margins’

Housing unit sales plunge 58% Q-o-Q due to 2nd wave impact says PropEquity

Real estate sales plunged 58% in the April-June quarter (Q2) as compared to the January-March quarter (Q1) as India faced the major brunt of COVID

Walmart, Disney announce new COVID-19 steps amid Delta surge

The moves come as U.S. officials redouble efforts to encourage more vaccinations in response to the highly contagious Delta variant of COVID-19.

Rakesh Jhunjhunwala’s new airline may give Boeing a chance to regain lost ground

Mr. Jhunjhunwala’s Akasa Air comes at a time when aviation industry is reeling from the impact of the pandemic

Wheels India turns profit of ₹10.13-crore

Wheels India Ltd. reported a net profit of ₹10.13 crore for the quarter ended June, driven by strong export demand in almost all its business

Tata Motors to invest ₹28,900 crore in FY22, says Chandrasekaran

‘In time, EVs to contribute 25% of sales’

MSMEs most in need of policy attention: Kumar

‘Sector’s earnings impacted by 50%’

IndiGo signs pact to explore potential of using sustainable aviation fuel in aircraft

The carrier is yet to reveal the details of the fue provider.

Toyota to increase price of Innova by 2% from August

This increase was necessitated to partially offset the substantial increase in input costs

‘Upturn V-shaped but small firms, urban poor hit harder’

Inflation to dip below 6% soon, but stay in 5-6% range: CEA

U.S. FDA approves Biocon’s insulin Semglee

Biocon Biologics and Viatris Inc said the U.S. Food and Drug Administration (FDA) had approved Semglee®, a long-acting insulin injection, as the first

‘Kia tops poll for dealer satisfaction with OEMs’

Business viability, a key aspect: FADA

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