Tuesday, October 27, 2020
New Delhi, May 22 (PTI) Reliance Industries selling over 17 per cent stake in its digital unit Jio Platforms for a combined Rs 78,562 crore in one month will help pare about half of its net debt of Rs 1.61 lakh crore, Moody's Investors Service said on...
New Delhi, Apr 5 (PTI) The coronavirus outbreak and the subsequent country-wide lockdown has deeply impacted India's economy, with a majority of the firms expecting a significant decline in revenues, falling demand and job losses, according to a CII CEOs Snap Poll. The online survey...
Mumbai, Apr 25 (PTI) Private sector ICICI Prudential Life on Saturday said a staggering Rs 18,898 crore loss on its investments and a robust growth in the cash-burning protection policy sales have led to an over 31 per cent dip in net income for the March quarter at...
New Delhi, Apr 17 (PTI) New entrants and smaller brands are now dominating the hand sanitizer market, a segment which has witnessed multi-fold surge in sales post the Covid-19 crisis, says a report. Following the Covid-19 crisis, when demand for hand sanitizers increased, smaller players...
The Aviation sector in India as of now contributes $72 billion to GDP. India has 464 air terminals and airstrips, of which 125 air terminals are possessed via Airport Authority of India (AAI). These 125 AAI air terminals oversee nearly 78% of domestic traveler traffic and...
New Delhi, May 24 (PTI) The country's retail trade lost business worth Rs 9 lakh crore in the last 60 days, mainly due to the nationwide lockdown to contain coronavirus pandemic, trader's body CAIT said on Sunday. Confederation of All India Traders (CAIT) said domestic...
New Delhi, May 17 (PTI) Finance Minister Nirmala Sitharaman on Sunday said reforms will be the focus of the fifth and final tranche of economic stimulus package to deal with the economic fallout of the COVID-19 pandemic. She said the package would focus on MGNREGA,...
Mumbai, May 29 (PTI) The country's foreign exchange reserves swelled by USD 3.005 billion to a lifetime high of USD 490.044 billion in the week to May 22, mainly on account of a rise in foreign currency assets, RBI data showed on Friday. In the...
New Delhi, Jun 5 (PTI) Private equity firm Silver Lake has invested an additional Rs 4,546.80 crore in Reliance Industries' digital arm Jio Platforms to raise its stake in the firm to 2.08 per cent. Reliance Industries in a statement said with this, aggregrate investment...
New Delhi, Apr 16 (PTI) Larsen & Toubro on Thursday said its heavy engineering arm has won 'significant' contracts in the January-March quarter of this year including a coal gasification project. Though the company did not specify the exact amount of the orders, an order...
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