Mumbai, Feb 21 (SocialNews.XYZ) Thomas Cook (India) plans to raise up to Rs 450 crore through preferential issue of Optionally Convertible Cumulative Redeemable Preference Shares (OCCRPS) to Fairbridge Capital (Mauritius) Limited to the promoter of…
New Delhi, Feb 21 (SocialNews.XYZ) After an incessant increase in petrol prices to new record high levels for the past 12 days, oil marketing companies (OMC) have kept the prices of the fuel unchanged across…
By Subhash Narayan New Delhi, Feb 21 (SocialNews.XYZ) The government may consider asset management and asset reconstruction company model to monetise non-core assets of public sector enterprises (PSEs). AMC and ARC or a bad bank…
New Delhi, Feb 20 (SocialNews.XYZ) Lending major State Bank of India’s subsidiary SBI Payments on Saturday said it plans to deploy low-cost acceptance infrastructure ‘to expand the digitisation of merchant payments’ in the country. Accordingly,…
New Delhi, Feb 20 (SocialNews.XYZ) Railway Minister Piyush Goyal on Saturday directed all zonal railways to come up with “sustainable” ideas for reducing railway expenses and rationalising costs, to cope up with the impact of…
New Delhi, Feb. Feb 20 (SocialNews.XYZ) Mumbai Port Trust (MPT), one of the major port trusts in India, will sign 8 MoUs of Rs 1,860 crores at 2nd Maritime India Summit 2021 scheduled between March…
Bhubaneswar, Feb 20 (SocialNews.XYZ) The economy of Odisha is expected to contract by 4.92 per cent in 2020-21 due to the impact of the Covid-19 pandemic, as per the Economic Survey Report 2020-21 released on…
Panaji, Feb 20 (SocialNews.XYZ) Chief Minister Pramod Sawant on Saturday urged Prime Minister Narendra Modi to treat Goa as a special case and provide relief by way of legal reform to the coastal state in…
New Delhi, Feb 20 (SocialNews.XYZ) Civil Aviation Minister Hardeep Singh Puri on Saturday said that the country’s air passenger traffic is “within touching distance of pre-Covid numbers”. In a tweet, the minister said: “2,90,518 passengers…
New Delhi, Feb 20 (SocialNews.XYZ) China’s demand for India’s cotton has pushed domestic yarn prices higher, said India Ratings and Research. Accordingly, domestic yarn production increased in January 2021, led by a strong export and…
New Delhi, Feb 20 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Saturday said that the Union Budget 2021-22 has assured clarity and certainty on policy, taxation, infrastructure capex and privatization and now it is entirely up…
New Delhi, Feb 20 (SocialNews.XYZ) To promote the use of electric vehicles across India, CSC e-Governance Service Common Services India Ltd has launched Rural e-Mobility Programme whereby urging people to switch to electric vehicles to…
New Delhi, Feb 20 (SocialNews.XYZ) The Enforcement Directorate (ED) on Saturday said that it has filed a charge sheet against Kudos Chemie Ltd., Kudos Holdings Pvt Ltd and its directors and Jitendra Singh and Gurmeet…
New Delhi, Feb 20 (SocialNews.XYZ) Petrol and diesel prices have begun to pinch consumers harder with oil marketing companies (OMCs) reserving the weekend for effecting the steepest hike in last several months. Accordingly, the price…
New Delhi, Feb 20 (SocialNews.XYZ) Prime Minister Narendra Modi on Saturday said the production linked incentive (PLI) schemes are an excellent opportunity to increase manufacturing in the country. Delivering the opening remarks at the 6th…
New Delhi, Feb 20 (SocialNews.XYZ) Vehicle price hikes coupled with cost rationalisation measures taken by OEMs will limit the impact of rising input cost but these might not be adequate enough to sustain margins at…
New Delhi, Feb 20 (SocialNews.XYZ) Cement demand improves, but pricing remains muted, said Motilal Oswal Financial Services (MOFSL) in a report. “Our channel checks indicate the seasonal uptick in demand is playing out, with volumes…
New Delhi, Feb 20 (SocialNews.XYZ) The Finance Ministry had released the 17th weekly instalment of Rs 5,000 crore to the states to meet the GST compensation shortfall. Out of this, an amount of Rs 4,730.41…
Beijing, Feb 20 (SocialNews.XYZ) Chinese tech giant Huawei has reportedly told suppliers that smartphone production will drop by about 60 per cent in 2021. According to Nikkei Asia, citing people familiar with the matter, Huawei…
San Francisco, Feb 20 (SocialNews.XYZ) IBM is mulling to sell its Watson Health business that is generating nearly $1 billion in annual revenue but is not profitable. The Wall Street Journal reported that IBM is…