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Rolls-Royce and Infosys sign a strategic partnership for sourcing engineering and R&D Services for Rolls-Royces civil aerospace business. Photo: Reuters, S. Thanthoni

Rolls-Royce, Infosys enter partnership for sourcing engineering, R&D services

Special Correspondent Rolls-Royce’s civil aerospace team will move to Infosys premises

22mins

Work has restarted in a limited way as per Tamil Nadu Government mandated restrictions in a leather footwear MSME export unit in Guindy Industrial Estate, Chennai.Photo : Bijoy Ghosh

PMI shows manufacturing losing steam

Special Correspondent Survey-based index pegs sector’s expansion at 3-month low; job shedding apace, confidence fades

India’s November power consumption growth slows to 4.7%

PTI Onset of early winter cited for decline

India's November diesel sales declined 7%

PRESS TRUST OF INDIA Slump hints at fragile recovery, following growth in October

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Rolls-Royce, Infosys enter partnership for sourcing engineering, R&D services

Rhizen Pharma gets USFDA approval for phase one clinical trials for COVID-19 drug

SC stays NCLAT order for CCI probe against Flipkart

Burger King India IPO gets oversubscribed

Supreme Court rejects Vedanta’s interim plea to inspect, operate closed Sterlite copper unit at Tuticorin

Nissan forays into compact SUV segment, drives in Magnite at ₹ 4.99 lakh

Elgi sees faster recovery in firm’s markets

Air compressor manufacturer Elgi Equipments expects domestic and international markets to have equal contribution to its business in the second half

Railways hauls highest ever load for 2020 in Nov.

The Railways on Tuesday said it registered the highest freight loading for 2020 in November at 109.68 MT (million tonne), even as loading during the

Auto dispatches saw year-on-year growth in Nov.

Personal mobility, buyer sentiment spurred demand; but Maruti saw 2.4% decline

PMI shows manufacturing losing steam

Survey-based index pegs sector’s expansion at 3-month low; job shedding apace, confidence fades

India's November diesel sales declined 7%

Slump hints at fragile recovery, following growth in October

India’s November power consumption growth slows to 4.7%

Onset of early winter cited for decline

Paytm waives off charges on merchant transaction

Paytm on Tuesday said it has waived off all charges on merchant transactions, enabling them to accept payments from Paytm wallet, UPI apps and RuPay

HC pulls up RBI for letting PMC Bank decide on depositors requests for money

“The RBI was to apply its mind and not act as a post office. If you (RBI) have imposed the restrictions, then you have to apply your mind,” the Court said.

S&P Global to acquire IHS Markit in $44 bn mega deal

Transaction expected to close in the second half of 2021

‘Passenger vehicle, bike wholesales to decline’

Dealers have huge inventories: Ind-Ra

October queries on card users grows on year: Transunion Cibil

Banks’ requests for information on credit card borrowers or ‘credit card inquiries’ in October surpassed the year-earlier level, a credit information

‘Bank credit growth to stay slow in near term’

‘Asset quality unease curbs disbursals’

Amalgamation ensures stability, says DBS Bank India

‘All erstwhile LVB employees are now on DBIL’s rolls’

DBS Bank allows LVB customers to access all services, doesn’t change interest rates

All LVB employees will continue to be in service and are now employees of DBIL on the same terms and conditions of service as under LVB.

AirAsia India plans expansion; to induct 3 more A320 neos by June 2021

Budget carrier AirAsia India plans to add three more Airbus A320 neo planes by June next year as part of its fleet and network expansion. The

Flipkart readies for wedding furniture sales

The company saw an increase by 1.5-2 times in search of furniture items across verticals during the past few months compared to the same period last year, it said

BLoC Boardroom Challenge semi-finals begin on Dec 1

Semis across 9 cities will be webcast

Coronavirus | Serum Institute of India rejects charges by ‘Covishield’ volunteer, threatens to seek damages

Firm says volunteer is falsely blaming vaccine trial for his medical problems

‘Make-it-Yours’ keeps Royal Enfield on the go

‘80%-90% of demand for our products comes via MiY software platform: Dasari

‘India key to IBM’s pursuit of a $1 trillion hybrid cloud opportunity’

Tech firm sees local partnerships growing as country accelerates its digital push.

Almost 65% of domestic air travel back to pre COVID-19 level: Civil Aviation Secretary

Pradeep Singh Kharola said that as more business activities and colleges open up, this may go up to 80-90% in the next 2-3 months or almost to the level of normalcy

Baba Ramdev on board of Ruchi Soya; brother Ram Bharat to be MD

Last year, Ramdev’s Patanjali Ayurved paid ₹ 4,350 crore to take over Ruchi Soya.

NDTV shares: SEBI bars two promoters, other individuals, entities for insider trading activities

Some of them have also been asked to disgorge illegal gains made from trading in the shares when they were in possession of Unpublished Price Sensitive Information

‘E-tailers clock $8.3 bn in Oct.-Nov.’

Flipkart dominated festive season sale at 66%: Redseer

Adani tops DHFL bid with ₹33,000 crore offer

Rivals want firm out for deadline miss

Vodafone Idea partners with firms to add non-core revenues

Telco allies with edtech, wellness start-ups to lift engagement

Hetero to produce Russia’s COVID-19 vaccine in India

More than 100 mn doses of Sputnik V to be made in a year

Core sector contraction widens to 2.5%

Oct. output at 8 key industries dragged down as steel production shrinks again; cement posts growth

Lakshmi Vilas Bank becomes DBS India; 94-year old bank part of history now

All the branches of LVB will function as branches of DBIL with effect from November 27, the RBI had said in a statement

Passengers can carry double check-in baggage in economy class of India-U.K. flights: British Airways

Passengers will now be able to take two pieces of check-in baggage, with each weighing a maximum of 23kg, British Airways said in a release.

India to allow Uber and rivals to charge 20% commission

The final guidelines say drivers should receive 80% of the ride fare with the taxi companies receiving the remaining 20%.

E-tailers clocked $8.3 billion in sales during Oct-Nov festive period: Redseer

‘Flipkart Group dominated the sale events at 66%’

James Wolfensohn, former World Bank president, passes away

Wolfensohn was a guiding force for a couple of the most well-known cultural institutions in the U.S.

SC dismisses Skoda Volkswagen’s plea to quash FIR for alleged use of cheat device in car

A Bench of Chief Justice S.A. Bobde and Justices A.S. Bopanna and V. Ramasubtramanian pronounced the verdict and dismissed the plea

Amazon fined for not displaying mandatory information about products

The ministry has imposed a fine of ₹25,000 on Bengaluru-based Amazon Seller Services

NSE warned Future Retail of action in Amazon row

Retailer quizzed on market disclosures

Curbs hit China supplies for iPhone

BIS started delaying approvals in August for China-made imports of devices like smartphones, smartwatches and laptops, part of the fallout from deteriorating ties with China after a border clash in June that left 20 Indian soldiers dead.

JSW Cement postpones listing to December ’22

MD cites slowdown, COVID-19

IBBI moots tweaks to exit liquidation

To provide an orderly framework for withdrawal from the voluntary liquidation process, the Insolvency and Bankruptcy Board of India (IBBI) has

LVB to become DBS Bank India from Nov 27; ₹25,000 withdrawal restriction to go

All the branches of LVB will function as branches of DBIL with effect from November 27, the RBI said in a statement

Toyota officials join assembly line as plant lockout prolongs

Carmaker restarts production as talks fail to break deadlock

‘Government support needed for tooling sector’

To help reduce imports and make India an export hub for the tooling sector, government intervention is critical in helping to set up clusters and

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