Industry News, Company News, Manufacturing News, Service Sector - The Hindu- Page 14

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Automobile wholesales dip 30% month-on-month in April: SIAM

Special Correspondent The wholesales of passenger vehicles stood at over 2.61 lakh units in April, a month-on-month decline of 10.7% from 2.90 lakh units sold in March 2021.

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COVID-19 | India’s smartphone market to slowdown in 2Q21

Yuthika Bhargava “However, the high shipments from the first quarter should be able to suffice for the immediate demand,” Navkendar Singh, Research Director, Client Devices & IPDS, IDC India, said.

Oil refiners cut output, imports as pandemic hits fuel demand

Reuters Sales in May could be about 5% lower than April, says HPCL Chairman Surana

SEBI pitches for ‘person in control’ over ‘promoter’

PTI ‘Often, PE investors hold special rights’

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Cover drive in pandemic times

PM Modi dedicates to nation oil major BPCL's ₹6,000 crore petrochemical complex in Kochi

Vodafone Idea loss narrows to ₹4,532 cr., to raise ₹25,000 cr.

ONGC profit dives 67% to ₹1,378 cr. as oil, gas slide

Apollo Hospitals’ Q3 net rises 12%, revenue drops

Data buoys: inflation cools to 4.06%, IIP rises 1%

SC upholds validity of e-voting results on winding up of Franklin Templeton funds

Terms objections ‘nitpicks’; says unitholders are the best judge of their interest

Industrial production grows by 1% in December

The IIP had grown by 0.4% in December 2019.

Facebook took action on 26.9 mn pieces of content for hate speech in Q4

Rosen explained that improvements in prevalence rates are mainly due to changes made to reduce problematic content in News Feed.

SC upholds validity of e-voting for winding up of six mutual fund schemes of Franklin Templeton

Disbursal of funds to unit holders to continue

ITC posts ₹3,587.2 crore profit for third quarter

Revenue stands at ₹14,124.5 crore

17 major OTT players adopt toolkit for regulation

The Internet and Mobile Association of India said it will set up an ‘IAMAI Secretariat for the Code’ to administer implementation their self-regulation code and the toolkit.

MRF profit doubles to ₹512 cr. on higher sales

Nod for interim dividend of ₹3 / share

Muthoot Finance profit rises 17%

Muthoot Finance Ltd. reported third quarter consolidated net profit rose almost 17% to ₹1,007 crore from the year-earlier period. Total revenue rose

TVS units file follow-up to MFA at NCLT

Member companies of the TVS Group have filed a composite scheme of amalgamations and arrangements with the Chennai Bench of the National Company Law

Ashok Leyland posts net loss of ₹19.4 crore on VRS costs

Revenue rises 20% to ₹4,814 crore

HC dismisses Bharti’s plea for stay on ITC

A Division Bench of the Andhra Pradesh High Court dismissed an application from Bharti Airtel, seeking a stay on the implementation of Sec. 16(2)(C)

Reconsider closure plan, labour union tells GM

Denies it was called for talks by firm

Airfares raised, to be in force till March 31

The minimum fare on a route has gone up by 10% and the maximum by nearly 30%.

India’s gas production rises above pre-COVID level, says DGH

Natural gas production in the country in February 2020 was 80 million standard cubic meters per day and in January this year it reached 82 mmscmd.

Govt to come out with policy on advanced battery tech to power EVs, India eyes No 1 slot: Nitin Gadkari

Nitin Gadkari made the remarks after chairing a high-powered meeting focussed on research and development in the area of alternative fuel. The meeting was held last night

SpiceJet to start 24 new domestic flights

The airline said it would be the only airline to start flights on the Ajmer-Mumbai route and Ahmedabad-Amritsar route.

Amazon appeals to Supreme Court in Future case

E-commerce major seeks ex parte stay on the deal between FRL and Reliance

Passenger vehicle wholesale up 11.14% in January: SIAM

Passenger vehicle dispatches by the manufacturers to the dealers stood at over 2.76 lakh units last month as against about 2.48 lakh units in January 2019

This story has been removed

The story has been removed from publication due to factual errors

Eicher Motors Q3 net profit flat at ₹488 crore

Royal Enfield sold 1.99 lakh motorcycles, marking an increase of 5% over the year-earlier period.

Jungo TV bets on free content

To unveil video streaming app Jungo+ in India this month.

SBI eyes 40% increase in home loans to ₹7-lakh cr.

Segment grew 5 times in 10 years

Hindalco net profit jumps to ₹1,877 cr.

Novelis sees record shipments on demand surge: MD Pai

Govt. pegs AI provisional loss for FY20 at ₹7,982 cr.

‘Carrier incurred ₹2,570 cr. loss in Q1’

e-Commerce grows by 36% in last quarter in India: Report

The report said brand websites reported a 94% volume growth in fourth quarter of 2020 as compared to same period last year.

Don’t sell vehicles low on safety: Govt. to auto firms

‘Such a practice is unpardonable’

IOB returns to profit with ₹213 cr. Q3 net

Public sector lender Indian Overseas Bank (IOB), which is gearing up to come out of the Prompt Corrective Action (PCA) soon, has reported a standalone

CUB to restructure 1,326 pre-COVID accounts: MD

‘Time not right to push credit growth’

BPCL Q3 PAT surges 120% to ₹2,778 crore

‘Oil PSU back to pre-Covid levels’

Rane Holdings back in black, logs ₹39-cr. net

Rane Holdings Ltd., the holding company of the Rane Group, returned to profit with a consolidated net profit of ₹39 crore for the quarter ended

Retail vehicle sales fall 10% on chip shortage, fading demand

Price increases also contribute to lower January sales: FADA

Cairn Energy urges Centre to ‘swiftly’ honour tax verdict

CEO says set to meet FM next week

IBM to help run Shree Cement database

IBM on Tuesday said it would help run database and core business applications for Shree Cement. Powered by IBM POWER9 servers, the implementation will

China urges chipmakers to allocate more capacity to China auto market

The ministry also asked the firms to improve logistics efficiency and supply chain coordination to support the industry's development, according to the statement.

Sensex, Nifty snap 6-session winning run; end marginally lower

After rallying 487 points to touch its lifetime intra-day high of 51,835.86, the 30-share BSE Sensex pared all gains to end 19.69 points or 0.04% lower at 51,329.08.

Bank unions call for two-day strike against proposed privatisation of PSBs

In the Union Budget presented last week, Finance Minister Nirmala Sitharaman announced the privatisation of two Public Sector Banks as part of its disinvestment plan.

Massive drop in LIC's individual biz caps industry growth in January at 8%

Industry leader LIC saw its individual APE growth plummet to 45%, due to a massively high base of 99% growth in January 2020

Petrol, diesel prices at fresh highs; petrol crosses ₹87 mark in Delhi

Rates have risen by ₹3.59 per litre in case of petrol and by ₹3.61 on diesel in 2021.

Mining firm NMDC Q3 net surges to ₹2,157.8 cr.

Cuts prices of lump iron ore, fines

Brent nears $60 per barrel on supply cuts

Oil prices rose on Monday, with Brent futures nearing $60 a barrel, boosted by supply cuts among key producers and hopes for further U.S. economic

Advent to buy majoritystake in ZCL

Advent International, a private equity investor, has signed an agreement to acquire a majority stake in pharmaceutical company ZCL Chemicals Ltd.With

EID Parry back in black with ₹339-cr. profit in Q3

Lower selling prices, a drag: MD

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