Industry News, Company News, Manufacturing News, Service Sector - The Hindu- Page 2

HUL's total expenses too rose 21.65% to ₹9,548 crore in Q3 FY2020-21 compared to ₹7,849 in the year-ago period.

HUL Q3 net up 18.8% at ₹1,938 crore; sales rise 20.3% to ₹11,969 crore

PTI The company had posted a net profit of ₹1,631 crore in the October-December quarter previous fiscal

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File photo shows a man and his daughter wearing masks in New Delhi.

Reliance signs $ 15 million deal with Israeli firm to distribute COVID-19 breath test kit

PTI The Israeli company is said to have developed a breath test system that identifies COVID-19 at a success rate of over 95%.

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Qualcomm has rolled out multiple tiers of chips with different features and pricing, positioning itself as GM's single provider for budget and luxury vehicles.

Qualcomm to supply General Motors with 'cockpit' chips for next generation vehicles

Reuters The companies also said GM will start integrating Qualcomm's automated driver assistance system chips for features such as adaptive cruise control and lane-change assistance.

Course of law: Cairn cited the U.K.-India bilateral treaty and the New York Convention, while urging action.

Cairn threatens Indian asset seizures abroad in tax case

Suhasini Haidar Vikas Dhoot U.K. energy major assures Centre it will move to freeze assets only if India fails to discuss payment of amount awarded by tribunal

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Cognizant to acquire Magenic Technologies in Minneapolis

Amazon partners with Startup India, others to boost e-commerce exports from India

India asks WhatsApp to withdraw changes in privacy policy

Centre issues Letter of Comfort to Bharat Biotech for 45 lakh doses of Covaxin

Mindtree net jumps 65.7% to ₹326.5 crore

Total inks pact for 20% in Adani Green

Sugar output rises 31% to 142.7 lakh tonnes: ISMA

Higher sugarcane supply to aid growth

Avian flu outbreak to hit Jan. poultry sales: Crisil

‘Unlikely to dent profitability this fiscal’

India, China may take lead in Asia’s Covid vaccination plans, says Moody’s Analytics

Second most-hit nation’s role will soften severity: Moody’s

Govt. may raise import duties by 5-10%

Budget likely to raise levy on more than 50 items including smartphones, electronic components

Lexus unveils LS 500h Nishijin sedan at ₹2.2 crore

The LS 500h Nishijin at ex-showroom New Delhi price of ₹2.22 crore.

India, China set to lead vaccine distribution in APAC region: Moody’s Analytics

Moody’s Analytics said the Indian government plans to inoculate nearly 300 million high-priority people, including health workers, the elderly, and those with higher co-morbidities by August.

Trump's China tech war backfires on automakers as chips run short

The problems stem from a confluence of factors as auto manufacturers compete against the sprawling consumer electronics industry for chip supplies.

RBI likely to propose stricter rules for shadow banks: sources

The RBI is expected to set out proposals in a discussion paper next week, recommending that bigger shadow banks maintain a statutory liquidity ratio, the sources said.

Is ‘sum assured’ the same as ‘sum insured’?

‘Sum insured’ and ‘sum assured’ are among the fundamental terms an individual essentially needs to understand before choosing a life insurance plan.

Planning for the preventable

Vaccination, inoculation procedures are usually not covered by health insurers

Ask us: On investments

An amount spent towards preventive health check-ups can be claimed up to ₹5,000 subject to the overall limits as provided under Section 80D.

Centre extends bidding deadlines for Pawan Hans disinvestment

The government had invited expressions of interest from bidders for its 51% stake in mini-Ratna PSU Pawan Hans, with January 19 as the deadline.

Amazon Prime Video to continue investing in local content

A new partnership with Airtel will allow prepaid users of the telecom major to avail the video streaming service as a standalone offering.

Excise duty collection jump 48 % this fiscal on record hike in taxes on petrol, diesel

With this, the total incidence of excise duty on petrol rose to ₹ 32.98 per litre and that on diesel to ₹ 31.83 a litre.

Demand to rationalise GST on food delivery biz to 5 %

Customers taking food delivery at their home or office are paying 13% higher price on the same food and beverages compared to customers who are walking down to restaurants as the dine-in tax rate is 5%, they claimed.

EPFO settles 56.79 lakh COVID-19 advance claims, releases over ₹14,000 cr till December

The amount of disbursals under COVID-19 claims to subscribers is a sizable amount of over one fifth of the total disbursement during the period by the EPFO.

‘Retail inventory has piled up’

Incentivise creation of jobs, MD of Clarks India urges govt.

ATF prices raised for fourth time in 2 months

Petrol, diesel remain unchanged

Apple payout on VirnetX patent may exceed $1.1 bn

Apple’s request for a new trial and several other claims were rejected.

Lenders back Piramal’s bid for DHFL

Piramal Enterprises’ bid received 94% votes as compared to 45% for the U.S.-based Oaktree Capital.

Narendra Modi announces ₹1,000-crore 'Startup India Seed Fund'

Addressing the 'Prarambh: Startup India International Summit', Mr. Modi exuded confidence that the growth of startups will help in generating jobs and improving lives of people in the region.

Travel agents’ body seeks guidelines for travellers who have taken Covid-19 jab

It asks govt. to do away with quarantine requirement for inoculated travellers.

HDFC Bank Q3 net rises 14.36% to ₹8,760 crore

Its total income increased to ₹37,522 crore on a standalone basis compared to ₹36,039 crore in the year-ago period

WhatsApp policy: traders’ body moves Supreme Court

The traders’ body has also requested the Union of India to frame guidelines to govern big technology companies.

Gadkari pitches for more research to identify import substitute products

Instead of importing spare parts, the industry should help their vendors find an indigenous replacement, Mr. Gadkari said in a virtual meeting on January 15.

Army inks $20 mn deal with ideaForge for UAV

‘Indigenous technology for surveillance’

OneWeb fundraising nudges $1.4 bn: Bharti

SoftBank Group gains board seat

HCL Tech Q3 profit rises 31% on digital, cloud momentum

Firm declares ₹4 interim dividend; raises growth guidance

Honda City tops mid-sized sedan segment in 2020 with sale of 21,826 units

Honda Cars India on Friday said its mid-sized sedan City led the segment last year with cumulative sales of 21,826 units.Staying true to its legacy

GAIL announces ₹1,046.35 crore share buyback

In a stock exchange filing, the company said its board has approved the buyback of 6.97 crore shares at a price of ₹150 per share.

HCL Tech Q3 net profit up 31% to ₹3,982 crore

IT firm HCL Technologies on Friday posted 31.1% rise in net profit at ₹3,982 crore for the December 2020 quarter. The IT major had registered a net

India fifth largest market; focussed on meeting language needs, enhancing ease of access: Wikipedia

Wikipedia, which turns 20 on January 15 has over 55 million articles that can be accessed in more than 300 languages.

Open to answering any queries from govt. on privacy policy update: WhatsApp

Under fire over its recent privacy policy update, WhatsApp on Thursday said it is open to answering any questions from the government on the issue

NCLT passes order to liquidate dairy firm Kwality

The National Company Law Tribunal (NCLT) has directed to liquidate debt-ridden dairy firm Kwality Ltd after the company failed to finalise any

Passenger vehicle wholesales up 13.6%: SIAM

As per the data, passenger vehicle sales stood at 252,998 units in December 2020, compared to 222,728 units in December 2019

Adani Enterprises wins ₹1,838-crore highway project from NHAI in Kerala

The project, under hybrid annuity mode (HAM), is a part of Bharatmala Pariyojna.

Petrol, diesel prices hiked again, scale new highs

In Mumbai, the price of petrol was increased to ₹91.32 a litre from ₹91.07 previously, while diesel rates went up from ₹81.34 to ₹81.60 per litre.

Infosys profit climbs 16.6%, Wipro’s jumps 20.8%

IT majors upbeat on demand outlook with former lifting full-year revenue forecast, latter saying ‘bullish’ on growth

IRDAI forms advisory panel on health cover

Insurance regulator IRDAI has constituted a health insurance advisory committee to examine the availability of products, suggest approach on the

Hyundai Motor exports cars to Nepal via rail

Move to cut logistics cost, travel time

Delhi HC asks Future to respond to Amazon plea

U.S. firm challenges bench’s observation

RBI forms working group on digital lending

Benefits and risks interwoven in such platforms, need regulation: central bank

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Protesting farmers clash with securitymen during their tractor rally near Nagloi in New Delhi on January 26, 2021.

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Reliance Industries Chairman Mukesh Ambani. File photo

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Clockwise from top - Singer KS Chithra, Ram Vilas Paswan, Shinzo Abe

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Vijay and Vijay Sethupathi in ‘Master’

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A file photo of the murdered siblings with their parents.

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A Nishan Sahib flag is hoisted on the flagstaff of the Red Fort as the protesting farmers entered the complex in New Delhi on January 26, 2021.

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The Camel Contingent of Border Security Force take part at Republic Parade.

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Nephew of V.K. Sasikala and AMMK founder T.T.V. Dhinakaran, speaking to reporters outside Victoria hospital in Bengaluru on Wednesday, January 27, 2021.

10K | V.K. Sasikala released from prison after serving 4-year term

The Income Tax department searched Paul Dhinkaran’s residence and official premises on January 20

8K | I-T raids on Paul Dhinakaran expose ₹120 crore of unaccounted income