Industry News, Company News, Manufacturing News, Service Sector - The Hindu- Page 8

HDFC Bank’s tech glitch under Reserve Bank lens

Special Correspondent Team from RBI looking into issue: Jain

Representational image.

Uber says it received more than 3,000 reports of sexual assault in U.S. in 2018

Reuters Sexual assault and other threats have been a concern broadly for the fast-growing ride-services industry around the world.

2hrs

Cybersecurity: Wipro plans units in Australia

Special Correspondent Tech major Wipro is planning to open NextGen Cyber Defence Centres (CDCs) in various Australian cities to offer cyber resilience and digital protection services to large government organisations in the country. As a precursor to this, Wipro has set up a CDC in Melbourne. The company said it would make substantial investments in the centre to upskill its employees and also to increase the number of its local recruitment. The centre will employ 100 cyber security specialists. The centres would

CPPIB to invest $600 mn via NIIF

Special Correspondent NIIF Master Fund now has $2.1 billion in commitments

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HDFC Bank Q2 net up 27% to ₹6,345 crore

Reliance Retail Q2 revenue grows 27%

RIL appoints former CVC K.V. Chowdary as director

Oracle co-CEO Mark Hurd passes away

mjunction to auction lignite for NLC

Next wave of growth in world coffee from Asia

TVS Motor forays into selling riding gear

Sees big opportunity in the segment

RIL hits ₹9 lakh crore in market capitalisation

Becomes first Indian firm to do so

Zomato, BioD Energy tie up for cooking oil-to-biodiesel project

To collect 1,000 tonnes of used oil a month from hotels

Vehicle registrations fell 12.9% in September

The drop comes despite onset of festival season and discounts to boost sales

Retail, telecom boost RIL profit

Posts an 18% increase in its second quarter net profit to ₹11,262 crore

RIL Q1 net up 18.3% at ₹11,262 crore

Consumer facing businesses accounted for one-third of RIL’s growth during the quarter.

Vehicle registrations fell 12.9% in September, says automobile dealers association

The drop comes despite onset of festival season and discount to boost sales

Adani ropes in ADNOC, BASF & Borealis to set up $4 billion chemicals complex in Gujarat

Gautam Adani-led Adani Group has roped in global majors to the likes of Abu Dhabi National Oil Company (ADNOC), BASF SE (BASF) and Borealis AG

Oil companies defer decision to suspend fuel supplies to Air India

They had earlier threatened to snap ATF supplies over payment delays

Larsen & Toubro Infotech to acquire PowerupCloud

Transaction to boost LTI’s cloud services capabilities

Essar looks to reinvent itself

Group plans to diversify into new age sectors

Bajaj Chetak makes a comeback in e-avatar

Company will continue to focus on motorcycles for volumes, says Rajiv Bajaj.

We will deliver as promised, says Jio

We didn’t bundle IUC as other operators did: Mathew Oommen.

Jio accuses rival telecom operators of illegally masking wireline as mobile numbers

Operations of 3 telcos causing us to pay termination charge, says company.

JSW Paints eyes turnover of ₹2,000 crore in 3 years

Firm to target south, west markets.

Mercedes-Benz launches G-class SUV G350d: priced at ₹1.50 crore

Mercedes-Benz India crossed 10,000 unit-mark earlier this month.

Flipkart to expand food retail vertical

Walmart-owned e-commerce giant Flipkart on Tuesday said it plans set up a new entity, Flipkart Farmermart, to expand operations in food retail sector

Jio, Bharti spar again on IUC

Row follows TRAI deciding to review scrapping of charge

Wipro’s net jumps 35.1% in Q2

Firm sees early signs of recovery in manufacturing and healthcare verticals

Wipro hires 9,000 freshers from campuses across the globe

IT company stops the practice of hiring just in time

LIC beats private firms in premiums

The insurer reported first-year premium of ₹89,980.2 crore

SBI sees sharp decline in working capital loans

Home, auto loans showing growth, but corporate sector utilisation low: Kumar

‘Use consumer data only after clear nod’

Telcos are subjected to very strong regulatory oversight, says Bharti’s Vittal

Mobile tariffs unsustainable, need to go up: Airtel India CEO

Airtel MD and CEO for India and South Asia, Gopal Vittal also snubbed Reliance Jio’s move to charge 6 paise per minute for voice calls made by its users on other networks

Air India becomes first in the world to use Taxibot on A320 aircraft

With Taxibot it is possible to tow an aircraft from the parking bay to the runway with its engines switched off.

Jute industry told to step up supply of sacks for kharif crop

Centre concerned about ‘unsatisfactory supply position’

Mahindra truck arm bets on economic revival for growth

Stimulus, infra spending augur well for industry: president

Moody’s downgrades Indiabulls HFC

Moody’s Investors Service has downgraded the corporate family rating and the foreign-currency senior secured rating of Indiabulls Housing Finance Ltd.

HDFC cuts home loan rates by 10 bps

Mortgage financier’s move will benefit all customers

Total of France agrees to buy 37.4% stake in Adani Gas

Makes open offer at ₹149.63 apiece for 25.2% stake

Ratan Tata to invest in EV firm Tork Motors

Move precedes launch of e-motorcycle

Government working on revising spectrum prices

Auctions, including the one for 5G airwaves, will be held in the current financial year, says Telecom Minister

HUL net rises 21%, soft demand hurts

Trend of last three months indicates a slowdown, says chairman Sanjiv Mehta

IRCTC shares more than double on debut, close above ₹728

Shares close at a premium of 128% over issue price on BSE

NCLAT stays Bhushan Power sale

The National Company Law Appellate Tribunal (NCLAT) on Monday stayed the sale of Bhushan Power and Steel (BPSL), under the Insolvency and Bankruptcy

5G spectrum auctions to be held this fiscal: Ravi Shankar Prasad

We are undertaking some reforms in spectrum pricing, says the Telecom Minister during the inauguration of India Mobile Congress

Ericsson to make 5G telecom gear in India

The company has its factory in India where it is making 4G network gears.

Will honour contractual commitments under various energy pacts: FM

Course of deep reforms will continue, says Nirmala Sitharaman

Total of France agrees to buy 37.4% stake in Adani Gas for ₹6,152 crore

Makes open offer at ₹149.63 a piece for 25.2% stake

Filatex India plans to foray into home textiles

Higher margins attractive: chairman

Top priority to PMC depositors: RBI Governor to Finance Minister

Finance Ministry will ensure customers’ concerns are comprehensively addressed, tweets Sitharaman

Sical to reclassify A.C. Muthiah group shares as ‘public’

Group’s shareholding in logistics major has fallen below 10%

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The state-run trading firm MMTC has placed an import order of 4,000 tonnes from Turkey and the shipments are expected to reach by mid-January.

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