Category: Business

Industry stakeholders hail new Telecommunications Bill 2023

New Delhi, Dec 18 (SocialNews.XYZ) Industry stakeholders on Monday welcomed the new Telecommunications Bill, 2023, saying its provisions will bring…

2 years ago

Oil and gas prices rise as BP stops Red Sea shipments

London, Dec 18 (SocialNews.XYZ) Oil and natural gas prices rose sharply on Monday after BP said it would pause all…

2 years ago

Sun Pharma clinches $30 million deal for 16.7% stake in US firm

Mumbai, Dec 18 (SocialNews.XYZ) India’s Sun Pharmaceuticals Ltd said on Monday that it has entered into agreement to acquire a…

2 years ago

Govt putting up 26 coal mines for commercial auction

New Delhi, Dec 18 (SocialNews.XYZ) The government is putting up another 26 coal mines for commercial auction in the next…

2 years ago

$250 mn ADB loan okayed for Delhi-Meerut Rapid Transit System

New Delhi, Dec 18 (SocialNews.XYZ) The Government of India and the Asian Development Bank (ADB) have signed an agreement for…

2 years ago

Biocon Biologics concludes integration of acquired biosimilars business in 120 countries

Bengaluru, Dec 18 (SocialNews.XYZ) Pharmaceutical giants Biocon Biologics has successfully completed the transition of its acquired biosimilars business in 120…

2 years ago

Bengaluru consumer court asks LG Electronics, seller to reimburse total cost of defective dishwasher with interest

Bengaluru, Dec 18 (SocialNews.XYZ) A consumer court in Bengaluru has held LG Electronics and its authorised seller Girias Investment Private…

2 years ago

Direct tax collections jump 21% to cross Rs 13.7 lakh crore in current financial year

New Delhi, Dec 18 (SocialNews.XYZ) Net direct tax collections for the financial year 2023-24 have jumped by 20.66 per cent…

2 years ago

Bose invests in Indian wearable brand Noise

New Delhi, Dec 18 (SocialNews.XYZ) Consumer electronics brand Noise on Monday announced it has received strategic investment from Bose, a…

2 years ago

BP pausing all oil shipments through Red Sea after attacks by Houthi rebels

London, Dec 18 (SocialNews.XYZ) Oil giant BP has announced it is pausing all shipments of oil through the Red Sea…

2 years ago

Profit booking seen after a sharp rally over last three sessions

Mumbai, Dec 18 (SocialNews.XYZ) Domestic equities traded lackluster on Monday as profit booking was seen after a sharp rally over…

2 years ago

Global passenger battery EV sales to reach 10 mn units in 2023

New Delhi, Dec 18 (SocialNews.XYZ) The global passenger battery electric vehicle (BEV) unit sales increased by 29 per cent (year-on-year)…

2 years ago

Former Air India pilot’s plea against Tata-Vistara merger rejected by CCI

New Delhi, Dec 18 (SocialNews.XYZ) A plea by a former Air India pilot opposing the merger of Tata-owned Air India…

2 years ago

Markets subdued on oil supply concerns, elevated valuations

Mumbai, Dec 18 (SocialNews.XYZ) The market started on a subdued note on Monday as concerns over oil supply disruptions through…

2 years ago

IBM to acquire 2 data integration platforms from Software AG for $2.3 bn

San Francisco, Dec 18 (SocialNews.XYZ) Tech major IBM on Monday announced to acquire two data integration assets from Germany-based enterprise…

2 years ago

NHAI awards projects worth Rs 9,384cr to successful bidders

New Delhi, Dec 18 (SocialNews.XYZ) NHAI has awarded Toll, Operate and Transfer (TOT) projects of a combined length of 273…

2 years ago

Sugar output rises in UP but falls in Maharashtra, Karnataka

New Delhi, Dec 18 (SocialNews.XYZ) Sugar production in the country declined by 10.7 per cent to 7.4 million metric tonnes…

2 years ago

Ambuja Cements to invest Rs 6,000 crore in renewable energy projects

Mumbai, Dec 18 (SocialNews.XYZ) Ambuja Cements plans to invest Rs 6,000 crore in renewable power projects, the company said on…

2 years ago

MediaTek, Nvidia join hands to power AI-led next-gen vehicles

New Delhi, Dec 18 (SocialNews.XYZ) Chip making giant MediaTek on Monday said that it has partnered with chip maker Nvidia…

2 years ago

Assam tea worth Rs 2,300 crore sold at Guwahato Tea Auction Centre in FY23-24

Guwahati, Dec 18 (SocialNews.XYZ) Assam Tea worth Rs 2,300 crore has been sold at Guwahati Tea Auction Centre (GTAC) in…

2 years ago



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