Mumbai, Nov 6 (SocialNews.XYZ) FMCG-to-hospitality major ITC Ltd on Friday reported an 18.23 per cent fall in its consolidated net profit at Rs 3,413.44 crore. During the same period last year, the company had reported…
New Delhi, Nov 6 (SocialNews.XYZ) The Adani Group on Friday announced a strategic collaboration with Italy-based gas infrastructure company, Snam. The tie-up envisages exploration of the hydrogen value chain in India and global markets, as…
Mumbai, Nov 6 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) has penalised research analyst, Govind Agarwal, for leaking IT major Wipro’s financial results, on WhatsApp, prior to the official announcement of the earnings….
Amaravati, Nov 6 (SocialNews.XYZ) Milk procurement under an agreement between the Andhra Pradesh government and Amul will take off from November 20 in three districts — Prakasam, Chittoor and Kadapa. Animal Husbandry and Dairy Development…
Hyderabad, Nov 6 (SocialNews.XYZ) WE Hub, India’s first state-led incubator to foster and promote women entrepreneurship to start-up, scale-up and accelerate with global market access, on Friday announced that it has released a revolving fund…
New Delhi, Nov 6 (SocialNews.XYZ) The Indian aviation industry has witnessed a sequential growth of 33 per cent in October over September 2020, ICRA said on Friday. The domestic passenger traffic in October rose to…
Mumbai, Nov 6 (SocialNews.XYZ) The resolution professional of Jet Airways has submitted the successful resolution plan of Kalrock Capital and Murari Lal Jalan for the bankrupt airline at the National Company Law Tribunal (NCLT). Once…
New Delhi, Nov 6 (SocialNews.XYZ) Mid-size motorcycle segment major Royal Enfield on Friday launched the ‘Meteor 350’ at a starting price of Rs 175,817 (ex-showroom Chennai). According to the company, the ‘Meteor 350’ inherits its…
Mumbai, Nov 6 (SocialNews.XYZ) India’s foreign exchange reserves rose $183 million during the week ended October 30. According to the Reserve Bank of India’s weekly statistical supplement, the reserves increased to $560.715 billion from $560.532…
New Delhi, Nov 6 (SocialNews.XYZ) Even as broadband usage increases in India, a Deloitte-CII report has said that right of way (RoW) issues, cost of infrastructure deployment and access to affordable devices are major challenges…
Mumbai, Nov 6 (SocialNews.XYZ) Healthy foreign fun inflows, along with better than expected Q2 earnings results, lifted the Indian equity indices higher on Friday. The day’s trade also saw an inflow of Rs 4,869.87 crore….
New Delhi, Nov 6 (SocialNews.XYZ) The National Anti-profiteering Authority (NAA) has found Starbucks guilty of profiteering as it did not transfer the benefits of lower GST rates to the consumers. Investigation by the Director General…
New Delhi, Nov 6 (SocialNews.XYZ) The Supreme Court on Friday directed Bharti Airtel and Vodafone Idea to disclose details sought by the Telecom Regulatory Authority of India (TRAI) in connection with segmented offers. A bench…
Chennai, Nov 6 (SocialNews.XYZ) A combination of increased income, boosted by profits on sale of investments, reduced interest outgo, expenses and provisions, has enabled the Indian Overseas Bank (IOB) to post a net profit of…
Mumbai, Nov 6 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) has introduced — Flexi Cap Fund — a new category for mutual funds under equity schemes. It would be an open ended dynamic…
New Delhi, Nov 6 (SocialNews.XYZ) Public Investment Fund (PIF) Saudi Arabia has invested in Reliance Retail Ventures Limited (RRVL) at a pre-money valuation of Rs 4.59 trillion ($62.4 billion), which is 7-9 per cent higher…
New Delhi, Nov 6 (SocialNews.XYZ) Over 600 Japanese companies showed up recently at a webinar to discuss issues related to India’s new Customs Rules of Origin under CAROTAR 2020. As per a report in Asian…
By Subhash Narayan New Delhi, Nov 6 (SocialNews.XYZ) Small businesses will need to be extra careful while taking supplies from big vendors from November as they would not be able to claim input tax credit…
Bengaluru, Nov 6 (SocialNews.XYZ) Year 2020 has been a double whammy for Karnataka coffee planters, as they reel under the Covid pandemic and the damage caused by heavy rains to the beans during the recent…
San Francisco, Nov 6 (SocialNews.XYZ) The US Department of Justice (DoJ) has filed a civil antitrust lawsuit to stop Visa Inc.’s $5.3 billion acquisition of financial services company Plaid Inc. Visa is a monopolist in…