Chennai, Aug 23 (IANS) Automobile component maker Sundaram-Clayton Ltd on Friday said owing to business slowdown, its major plants will have five working days in a week. In a regulatory filing, the company said: “The…
Mumbai, Aug 23 (IANS) Gaining over 600 points from the day’s low the Sensex closed 228 points higher on Friday on renewed hopes of a stimulus hours ahead of an address by Union Finance Minister…
San Francisco, Aug 23 (IANS) HP Inc. has announced that Dion Weisler would be stepping down as the President and CEO “due to a family health matter” and would be succeeded by Enrique Lores, the…
New Delhi, Aug 23 (IANS) Amid a worsening economic slowdown, US rating agency Moody’s on Friday lowered India’s GDP growth forecast for the 2019 calendar year to 6.2 per cent, from its earlier estimate of…
Mumbai, Aug 23 (IANS) Shares of Future Retail settled over 5 per cent lower on the Bombay Stock Exchange (BSE), as the company announced that Amazon will acquire a 49 per cent stake in Future…
New Delhi, Aug 23 (IANS) Finance Minister Nirmala Sitharaman on Friday asked fair market regulator the Competition Commission of India to guard Indian businesses and consumers against foreign companies, which have no presence in India,…
Mumbai, Aug 23 (IANS) Amid subdued consumption demand and concerns of an economic slowdown, a report by Kotak Institutional Equities has said that structural reforms would be major step for achieving higher GDP growth. The…
Lucknow, Aug 23 (IANS) The Yogi Adityanath government has decided to set up a textile park in Farukkhabad district in Uttar Pradesh. “The park would be spread over 14 hectares and the textile units spread…
New Delhi, Aug 23 (IANS) Automobile major Maruti Suzuki India said on Friday that it will commence a proactive and voluntary recall campaign for certain WagonR vehicles manufactured between November 15, 2018 and August 12,…
New Delhi/Mumbai, Aug 23 (IANS) The Enforcement Directorate (ED) on Friday carried out searches at over a dozen locations in Delhi and Mumbai, including at the residence of Jet Airways founder Naresh Goyal. A senior…
Bhubaneswar, Aug 23 (IANS) Odisha Chief Minister Naveen Patnaik on Friday announced a package of Rs 500 crore to develop Puri as a World Heritage city. The package focused on a range of modernisation plans…
Mumbai, Aug 23 (IANS) The key Indian equity indices pared initial losses to trade flat during the Friday afternoon trade, on hopes that the government may roll back the surcharge on foreign portfolio investors (FPIs)….
New Delhi, Aug 23 (IANS) Miffed over withdrawal of flights by GoAir, IndiGo and Vistara to and from Port Blair, the Andaman and Nicobar (A&N) administration has asked the Civil Aviation Ministry to direct the…
New Delhi, Aug 23 (IANS) C. Sivasankaran who has been nailed by the Serious Fraud Investigation Office (SFIO) in the IL&FS loan fraud is ironically the original complainant in the Aircel-Maxis in which former Finance…
By Puja Gupta Mumbai, Aug 23 (IANS) The khadi industry in India is expected to cross Rs 10,000 crore turnover in the next five years, Khadi and Village Industries Commission (KVIC) Chairman Vinai Kumar Saxena…
New Delhi, Aug 22 (IANS) After a couple of letters from Zomato failed to pacify Rahul Singh, President of the National Restaurant Association of India (NRAI), to stop the #logout campaign, Zomato CEO Deepinder Goyal…
New Delhi, Aug 22 (IANS) The organisers of Indian F&B sourcing show, IndusFood, have set a target of $1.5 billion in its 2020 edition with the addition of two new verticals “Indusfood-Tech and Indusfood-Chem”. According…
New Delhi, Aug 22 (IANS) The deadline for pre-registration of RFID tags and recharge of tags has been decided for August 23, by both Environment Pollution (Prevention & Control) Authority (EPCA) and South Delhi Municipal…
New Delhi, Aug 22 (IANS) The Common Service Centre SPV (CSC) has signed a Memorandum of Understanding (MoU) with the Ministry of Panchayati Raj to convert all gram panchayats into “digital panchayats”, a statement said….
New Delhi, Aug 22 (IANS) Indian Commerce Minister Piyush Goyal on Thursday warned that the world economy will fall into a recession which will spare no country if the protectionist policies and “unilateral measures” being…