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…
New Delhi, Feb 19 (SocialNews.XYZ) The International Financial Services Centres Authority (IFSCA) on Friday issued the framework to enable the aircraft operating lease business in India’s International Financial Services Centres. On October 16, 2020, the…
New Delhi, Feb 19 (SocialNews.XYZ) The National High Speed Rail Corporation Limited (NHSRCL) on Friday opened the technical bids for the construction of Sabarmati Maintenance depot for 508-km Mumbai-Ahmedabad High Speed rail project, popularly known…
New Delhi, Feb 19 (SocialNews.XYZ) Heavy selling pressure in banking, auto and pharma sectors pulled India’s benchmark equity indices lower for the fourth consecutive session on Friday. Besides, subdued global cues as well as absence…
Mumbai, Feb 19 (SocialNews.XYZ) Jubilant Foodworks Netherlands has entered into a purchase agreement with Turkish Private Equity Fund II L.P. to fully acquire Fides Food Systems Cooperatief U.A. for around 24.80 million pound sterling. Fides…
Mumbai, Feb 19 (SocialNews.XYZ) India’s foreign exchange reserves declined by $249 million during the week ended February 12. According to the Reserve Bank of India’s (RBI) weekly statistical supplement, the reserves increased to $583.697 billion…
New Delhi, Feb 19 (SocialNews.XYZ) As equity and equity-linked mutual funds witnessed outflow of funds for the seventh consecutive month in January, domestic mutual funds trimmed positions in Nifty heavyweights including Reliance Industries (RIL), Infosys…
New Delhi, Feb 19 (SocialNews.XYZ) The central government on Friday said that it has no intention to eliminate Arthiyas in Punjab and Haryana and no direction has been issued to eliminate Arthiyas from the mandi…
New Delhi/Kolkata, Feb 19 (SocialNews.XYZ) Railway Minister Piyush Goyal on Friday said that Sankrail freight terminal which has eight full electrified lines will provide the facility of quick freight movement from industrial areas in West…
New Delhi, Feb 19 (SocialNews.XYZ) Spelling more trouble for e-commerce giant Amazon, the Enforcement Directorate (ED) will examine its documents over allegations that it dodged India’s regulators, sources said on Friday. An ED source related…
New Delhi, Feb 19 (SocialNews.XYZ) As the stock markets correct from record high levels, further decline may well be in the waiting with bond yields surging globally. Analysts are of the view that global bond…
New Delhi, Feb 19 (SocialNews.XYZ) Despite talks with US-based Cairn Energy, the Indian government may soon go ahead with an appeal against the arbitration award in the retrospective taxation case, sources said. An official source…
New Delhi, Feb 19 (SocialNews.XYZ) Restaurant tech platform Dineout on Friday announced it has acquired event and experience curator SteppinOut for an undisclosed sum. This is the fifth acquisition by Dineout after inResto, Torqus, Gourmet…
Seoul, Feb 19 (SocialNews.XYZ) Global rating agency Moody’s Investors Service on Friday upgraded credit ratings of LG Electronics for the first time in seven years after the South Korean tech giant reported record earnings last…
New Delhi, Feb 19 (SocialNews.XYZ) The Deendayal Port, which is one of the 12 major ports in India, has surpassed the 100 million metric tonne (MMT) target in cargo handling. The Deendayal Port, which was…
Lucknow, Feb 19 (SocialNews.XYZ) The Yogi Adityanath government in Uttar Pradesh has signed an MoU with IKEA, the largest furniture and home applications company of the world, which will invest Rs 5500 crore in Uttar…
Chandigarh, Feb 19 (SocialNews.XYZ) To promote post-Covid-19 industrial revival and attract greater investment, the Punjab Cabinet on Friday gave approval to amend the Industrial and Business Development Policy of 2017 for extension of GST formula…
New Delhi, Feb 19 (SocialNews.XYZ) To entice flyers with authentic Mughlai cuisine, SpiceJet has tied-up with Old Delhi’s iconic restaurant, Karim’s. For the uninitiated, Karim’s is an iconic landmark for the food connoisseurs dated to…