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Sunday, March 24, 2019

others-business

Lupin launches Levothyroxine Sodium tablets in U.S

Drug firm Lupin said it has launched generic Levothyroxine Sodium tablets in the U.S market. The company has launched Levothyroxine Sodium tablets US...

EPFO finalises 8.65% interest for 2018-19

Retirement fund body EPFO has decided to provide 8.65 per cent interest on PF deposits for 2018-19 against 8.55 per cent in the last year to its 6 cr...

Edelweiss, Bank of Singapore sign MoU for strategic partnership

Edelweiss Group said it has signed a memorandum of understanding (MoU) with Bank of Singapore to form a strategic partnership to provide clients of b...

Housing sales in southern cities higher than north, west India in 2018: Report

Housing demand and supply were higher in Bengaluru, Chennai and Hyderabad as compared to sales and new launches in the north and west regions, proper...

Motherson Sumi Q3 profit dips 1% to Rs 555 cr

Auto component major Motherson Sumi Systems reported 1.19 per cent drop in consolidated net profit at Rs 554.99 crore for the third quarter ended Dec...

India unlikely to achieve 100 GW solar power target by 2022

  India is unlikely to achieve its target of 100 gigawatt (GW) solar electricity capacity as it faces short-term uncertainty due to imposition of...

Govt to auction 3 mineral blocks in Feb, Mar

The government plans to auction three mineral blocks having reserves of 280.295 million tonne in the current and next month. Of the mines to be aucti...

Govt to form panel for nomadic, semi-nomadic communities

Finance Minister Piyush Goyal said that a committee under Niti Aayog will be set up to complete the task of identifying de-notified, nomadic and semi...

India up one place on global talent competitiveness ranking at 80th

India has moved up one position to rank 80th on the global talent competitive index, but remains a laggard among the BRICS nations, a new survey show...

Discoms' outstanding dues to power generators rise 24% to Rs 39,498 cr

Amid stress in the power sector, woes of electricity generating firms have increased further as their outstanding dues on state distribution companie...

PNB MetLife, ESAF Bank enter into strategic partnership

PNB MetLife and Kerala-based ESAF Small Finance Bank have entered into a strategic partnership to provide customers an expanded financial services su...

Gita Gopinath joins IMF as its first woman chief economist

Mysore-born Gita Gopinath has joined International Monetary Fund as its chief economist, becoming the first woman to occupy the top IMF post.Gita joi...

India's services sector activity moderates in December

The country's services sector activity slowed slightly in December, as new work orders and business activity moderated from November's recent high, w...

Bengaluru court stays 'KGF' release

With just a few hours left for the release of Kannada film KGF, a Bengaluru civil court on Thursday issued an interim stay against it. The 10th Addit...

Urbanisation process needs to be extremely innovative: Amitabh Kant

India's urbanisation process has to be extremely innovative as well as sustainable, and the country should not repeat mistakes of western world, Niti...

NTPC wins 85 MW solar capacity in UP govt tender

State-run power producer NTPC said it has won 85 mega watt (MW) of solar capacity in a reverse auction held by the UP government. "NTPC participated...

Bahrain woos Indian FinTech firms to set up base

Bahrain is positioning itself as hub for Fintech innovation and wants Indian tech companies to set up their base at FinTech Bay and take advantage of...

Rs 65,000 cr set aside for Mumbai suburban rail revamp: Minister

Up to Rs 65,000 crore has been approved for a host of rail infrastructure projects on the suburban network in Mumbai and its surrounding areas, Railw...

Welspun Enterprises bags Rs 1,460 cr road project in M'shtra

Welspun Enterprises said it has bagged a Rs 1,460 crore road project from PWD in Maharashtra. The company has received the letter of award from PWD, ...

Higher demand, lower clean energy generation push power prices up

After three months of decline, short-term power prices increased in September, mainly driven by higher demand and lower generation from renewables, s...

India may cut oil imports to mitigate pain from high oil prices

India, the world's third-biggest oil importer, is considering cutting oil purchases to soften the blow from high crude oil prices and declining rupee...

OYO to hire over 2,000 tech experts, engineers by 2020

Hospitality firm OYO said it plans to hire over 2,000 technology experts and engineers by 2020. At OYO, 700 technology experts and engineers have dev...

2 billion youth at risk of being left behind in future due to emerging tech

Global workforce is not able to keep up with the current rate of change that emerging technologies are bringing to workplace, and nearly two billion ...

Google ready to comply with RBI norms for payment services

Internet major Google is learnt to have agreed to follow the RBI's local data storage norm for payment services but wants time until December to comp...

Home buyers looking for bigger flats of avg 1,300 sq ft size in top cities

Prospective home buyers are looking for bigger flats at an affordable price as the average unit size demanded across major cities has increased by 4 ...

Railways, IT ministry ink pact to allow bookings via 2.9 lakh CSCs

Ministry of Railways and IT Ministry signed an agreement to allow ticket bookings through 2.9 lakh common service centres (CSCs) in the country in ne...

BoI raises Rs 660 cr by selling shares to employees

Ravneet Gill takes charge as Yes Bank MD, CEO

Link your PAN with bank for refunds: I-T to taxpayers

Govt to infuse Rs 48,239 cr in 12 PSU banks

RBI to pay Rs 28,000 cr as interim dividend to govt

Lupin launches Levothyroxine Sodium tablets in U.S

Sensex jumps 268 pts; Nifty above 11,500

Exports up 2.44% in Feb; trade deficit narrows