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

Performance caps three quarters of consistent robust performance in pandemic, says CFO

TCS reports 15% jump in Q4 net profit

Special Correspondent Robust performance seen in verticals such as life sciences & healthcare and BFSI

Industry seeks vaccines for all age groups, expedited supply

Special Correspondent Lockdown is not a solution in present times, says CII

After breaching the upper tolerance threshold of 6% for six consecutive months (June-November 2020), CPI inflation fell in December 2020 and eased further in January 2021 to 4.1%. File

IIP contracts 3.6% in February; retail inflation rises to 5.52% in March

Special Correspondent The IIP had grown by 5.2% in February 2020

Passenger car insurance vector concept in flat style

Moment of truth in a policy contract

K. NITYA KALYANI Premium paid for a policy is not an investment, and the quantum of claim is not an RoI

Other Articles

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Auto sales fell 13.6% in year, grew 77% in March

Industry seeks vaccines for all age groups, expedited supply

TCS reports 15% jump in Q4 net profit

Retail inflation quickens to 5.52%

At ₹410 crore, JC Flowers highest bidder for Sathavahana Ispat debt

Moment of truth in a policy contract

Ask us: on investments

Mutual funds are not meant to provide regular dividend options.

How to duck small savings rate cut

Senior citizens will still have a plethora of fixed-return choices

Cargo handling at 12 major ports in country falls 4.59% to 673 MT in FY21

These ports had handled 705 MT, 699 MT and 679 MT cargo in 2019-20, 2018-19 and 2017-18, respectively.

M&M to invest ₹ 3,000 crore on electric vehicle business in next 3 years

While it has already opened its electric technologies plant in Bengaluru that produces battery packs, power electronics and motors, it has also invested in a new manufacturing unit at its chakan plant to produce EVs.

Balrampur Chini board okays higher investment of ₹425 crore for new distillery plant

Sugar firm Balrampur Chini Mills on Saturday said its board has approved a higher investment of ₹425 crore for a new distillery plant of 320

China slaps $2.8 bn fine on Ma’s Alibaba

Regulator cites e-commerce giant’s ‘abuse of dominant market position’ as reason for record penalty

Manipal to sell Malaysian unit to Ramsay Sime Darby

220-bed hospital offers more than 30 speciality services

Ransomware attacks: Ansal fears data loss

Realty firm Ansal Housing on Friday said that the company had faced multiple ransomware attacks on its IT system since February 26, which may have

Vodafone Idea gets notice for licence fee due

The telecom department has issued a show-cause notice to Vodafone Idea Ltd. (VIL) over non-payment of licence fee for the fourth quarter of

Coronavirus | Transporters, MSMEs wary of a lockdown

Ferrying essentials may be hit as drivers head for hometowns; fresh orders on hold

L&T arm to set up 1.5 GW solar unit in Saudi Arabia

‘Order value between ₹5,000 crore-₹7,000 crore’

Fuel consumption falls 9.1% in FY21; first drop since 1998-99

Stringent lockdown led to the contraction in demand

Starving for more chips in a tech-hungry world

The snags threaten to leave a big dent in the auto industry, which by some estimates stands to lose $60 billion in sales during the first half of his year

Cars, SUVs buck retail auto sales drop

Tractors also retain traction in March.

RBI’s first purchase under G-SAP 1.0 set for April 15

Eyes securities worth ₹25,000 crore

MRO growth to help create jobs: skill council

‘AASSC has trained 16,000 so far’

Tesla scouts for showroom space in India, hires executive for lobbying-sources

Tesla Inc is scouting for locations to open showrooms in three Indian cities and has hired an executive to lead its lobbying and business efforts

NCLAT orders stays committee for OYO unit insolvency proceedings

‘Claimant has already drawn ₹16 lakh’

Payment Bank client’s balance limit doubled

The RBI has doubled the limit of maximum balance that an individual customer can hold with payments banks (PBs) to ₹2 lakh from ₹1 lakh earlier with

Coal in power mix hits peak in over 2 years

Coal’s share in India’s electricity generation rose to the highest level in at least 9 quarters during the first three months of 2021.The share of

IFFCO effects sharp hike in fertilizer prices

Head of cooperative says farmers will not have to pay revised prices on existing stock

MacBook, iPad production delayed as supply crunch hits Apple

According to the report, Apple's production plans for iPhones have not been affected by the supply shortage, however, the supply of some components for the devices is “quite tight”.

India to resume buying oil from Iran once U.S. sanctions ease

India stopped importing oil from Iran in mid-2019 following sanctions on the Persian Gulf nation by the Trump administration

Zydus Cadila gets USFDA nod for cancer and high blood pressure treatment drug

Drug firm Zydus Cadila on Thursday said it has received final approval from the U.S. health regulator to market Ibrutinib Capsules, used to treat

Passenger vehicle retail sales up 28%, two-wheeler registrations drop 35% in March: FADA

FADA president Vinkesh Gulati said that the global shortage of wafers, which is an input for semiconductor, kept PV waiting periods as high as seven months

IL&FS sells green arm, cuts debt by ₹1,200 crore

Transfer of staff to save ₹50 cr. a year

Bank stocks lift Sensex as investors cheer RBI’s tack

Policy stance buoys index by 0.94%

Titan’s revenue surges 60%, salaries restored

‘Consumer sentiment improving’

Airtel launches ‘Airtel IoT’

Bharti Airtel on Wednesday announced a 5G-ready internet of things (IoT) platform for enterprises with capability to connect and manage billions of

OYO denies bankruptcy reports

Ritesh Agarwal, the founder and CEO of OYO on Wednesday denied reports that the hospitality start-up has filed for bankruptcy. The reports followed a

Mercedes-Benz India Q1 sales up 34% to 3,193 units

'Our Q1 2021 performance makes us confident that this growth momentum can be continued in the coming months as well'

Cabinet approves PLI schemes for solar modules, white goods

They would get an incentive of 4% to 6% on incremental sales of goods for five years

Dixon, Bharti to form JV; eye PLI-scheme for making telecom products

Deven Khanna, Group Director, Bharti Enterprises said, “With Dixon’s excellent track record in manufacturing industry & Bharti’s deep expertise in Telecom, this venture will be well positioned to be a key player in its space.”

Max Group sells 13% stake in life insurer Max Life to Axis Bank

Lender to be insurer’s co-promoter

Sukino Healthcare plans expansion in South

Firm aims to have 1,500 beds by 2025

Avoid selective disclosures in COVID-19 era, SEBI tells firms

Securities and Exchange Board of India (SEBI) chairman Ajay Tyagi has highlighted the need for adequate level of disclosures, risk assessment, sound

Shriram Automall generates business worth ₹3,000 crore

Demand for used vehicles seeing strong recovery: Malhotra

Average spot power price at IEX jumps 65%

Average spot power price rose by 65% to ₹4.06 per unit in March compared to the year earlier month at the Indian Energy Exchange (IEX) mainly due to

Bharti Airtel sells spectrum worth ₹1,497 crore to Reliance Jio

As per the agreement, which is subject to statutory approvals, Reliance Jio will acquire right to use spectrum in the 800MHz band in Andhra Pradesh (3.75 MHz), Delhi (1.25 MHz) and Mumbai (2.50 MHz) circles through spectrum trading

Nabard balance sheet grows 24% to ₹6.57 lakh crore in FY21

In the financial year 2019-20, its balance sheet stood at ₹5.32 lakh crore

Indian Oil Corp buys its first Johan Sverdrup crude cargoes

IOC will take delivery of two million barrels of the NorthSea crude in each of May and June, one of the sources said.Further details on the trades were not yet clear

Less-industrialised States lead power-demand recovery

India’s less industrialised States have led a recovery in electricity demand that began in September, a Reuters analysis of government data

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