RTM helps distribution companies meet short-term requirements of power which could be because of a demand spike or supply-side issues. from Moneycontrol Business News https://ift.tt/3ycXhI8
The company had sold 1,867 units in the same month last year, when sales were impacted by the nationwide lockdown imposed to curb spread the coronavirus pandemic, although easing of restrictions had started then. from Moneycontrol Business News https://ift.tt/3qDkFf4
Domestic tractor sales stood at 11,956 units as against 10,623 units in June last year, Escorts said in a BSE filing. from Moneycontrol Business News https://ift.tt/2URbLyR
GST’s journey has given its stakeholders some significant victories and causes of celebration, but also moments of worry — as is to expect of any transformation of this magnitude and intricacy from Moneycontrol Business News https://www.moneycontrol.com/news/business/four-years-of-gst-|-a-look-backthe-road-ahead_15246601.html
As part of a push to embrace cleaner forms of energy, GAIL will be laying pipeline infrastructure to connect consumption centers to gas sources and spend as much as Rs 4,000 crore on renewable energy, GAIL Chairman and Managing Director Manoj Jain said. from Moneycontrol Business News https://ift.tt/3xajg2g
The centre in Spain is Bajaj’s attempt at garnering European engineering talent, on the lines of its rivals Hero MotoCorp and Royal Enfield. Brazil’s two-wheeler market is the largest in Latin America, and the eighth-largest in the world. It is dominated by Japanese heavyweight Honda from Moneycontrol Business News https://ift.tt/2TrLmat
Ramp-up of deals won in earlier quarters and increased spending intensity on new technologies are set to accelerate revenue growth rates from Moneycontrol Business News https://ift.tt/3w7Y1gd
No moderate case of COVID-19 disease was observed in the vaccine arm post administration of the third dose suggesting 100% efficacy for moderate disease. No severe cases or deaths due to COVID-19 occurred in the vaccine arm after administration of the second dose of the vaccine. from Moneycontrol Business News https://www.moneycontrol.com/news/business/zydus’-covid-19-vaccine-shows-666-efficacyphase-3-interim-analysis-company-files-for-emergency-use_15245821.html
"Prices of Amul milk will be increased by Rs 2 per litre across India from tomorrow. The new prices will be applicable on all Amul milk brands like Gold, Taaza, Shakti, T-special, as well on cow and buffalo milk," said RS Sodhi, Managing Director, GCMMF, which markets Amul brand of milk and dairy products. from Moneycontrol Business News https://ift.tt/3AcFe6t
In today’s edition of Moneycontrol Pro Panorama: Moment of truth for market, the FOMO factor, why inflation view has an issue , Repco Home Finance makes a point, a bright spot in logistics, recipe for success for hotel sector, and more from Moneycontrol Business News https://www.moneycontrol.com/news/business/moneycontrol-pro-panorama-|-the-riseriseretail-investor_15243801.html
The joint report by the UN#39;s World Tourism Organization (UNWTO) and Conference on Trade and Development (UNCTAD) found that the lack of widespread vaccination in developing countries was leading to mounting economic losses. from Moneycontrol Business News https://ift.tt/3hqKL10
NBCC (India) has been awarded the work order for engagement as Project Management Consultant for undertaking various civil works of Odisha Hydro Power Corporation, according to a regulatory filing. from Moneycontrol Business News https://ift.tt/2TjG7tv
The auto major noted that IOCL had invited bids for supply of the hydrogen-based proton exchange membrane (PEM) fuel cell buses in December 2020. from Moneycontrol Business News https://ift.tt/3y93Nja
Bharat Biotech was responding to reports in media about the allegations of graft surrounding the $324-million Covaxin contract signed by Brazil, which has since been suspended by that country. from Moneycontrol Business News https://ift.tt/3A67RlQ
Britain#39;s financial watchdog issued 1,200 consumer warnings last year about scams advertised via social media platforms by fake companies, double the number in 2019. from Moneycontrol Business News https://ift.tt/3qzCkEB
Google is among the first large digital platforms to release its monthly compliance report in compliance with the IT rules that came into force from May 26. from Moneycontrol Business News https://ift.tt/3h5pSsW
Experts see the numbers improving in the coming months amid the pick-up in vaccination drive, hopes of a normal monsoon and rural recovery. from Moneycontrol Business News https://ift.tt/3hixMOO
The bank is giving its debit and credit card holders a flat 15 percent cashback on partner e-commerce portals like Flipkart and Amazon as part of the ten-day "Grab Deals Fest" which is on till July 4. from Moneycontrol Business News https://ift.tt/3y92oc6
"We have raised Rs 40 crore from Aavishkaar Capital to fund our drive to expand nationally using digital content," said Tamal Mukherjee, the CEO of Nalanda Learning Systems. from Moneycontrol Business News https://ift.tt/3hnLPSW
The funding will be used towards consolidating its market position, strengthening its technology platform and expanding customer offerings, it said. from Moneycontrol Business News https://ift.tt/3hbh4Cd
The one-year extension was given due to production delays and component shortages amidst COVID-19. The idea behind the PLI scheme is to transform manufacturing from #39;assemble in India#39; to ‘make in India.’ from Moneycontrol Business News https://ift.tt/2Tdvk4c
There is enough evidence to show that lockdowns create massive economic uncertainty; threaten the livelihood of daily workers and the poor; prompt needless urban-to-rural migration; and sharply accentuate fears in an already fearful milieu. That will be an unmitigated disaster, the company said from Moneycontrol Business News https://ift.tt/3jsBtUH
"Repeated violations at multiple sites demonstrate that your company’s corporate oversight and control over the manufacture of drugs is inadequate," USFDA said in its warning letter addressed to Vinita Gupta, CEO of Lupin. from Moneycontrol Business News https://ift.tt/3x6aK4p
This includes USD 275 million (Rs 2,043.43 crore) by issuing equity shares or other instruments. from Moneycontrol Business News https://ift.tt/3hdGr4Y
Such deals—75 of them over the past decade—have helped Amazon build a presence in businesses ranging from call-centre services to natural gas, The Wall Street Journal has reported. from Moneycontrol Business News https://ift.tt/3duXUET
The fiscal sops doled out are also too paltry to make a difference from Moneycontrol Business News https://www.moneycontrol.com/news/business/not-just-fiscal-reliefblendmany-ingredients-needed-to-spicehotel-sector _15242061.html
The Bengaluru-based company will use the capital to expand its teams in India and the United States and to invest in partnerships to fuel international expansion. from Moneycontrol Business News https://ift.tt/2Tk1NFU
Options must be explored to make these export enclaves play a meaningful role in job creation and economic progress from Moneycontrol Business News https://www.moneycontrol.com/news/business/high-time-to-reinvent-sezs _15241941.html
Investment income zoomed to Rs 8,820.86 crore for the year ended March 2021 as compared to the previous financial year#39;s Rs 7,125.48 crore. from Moneycontrol Business News https://ift.tt/35YdeWj
The company, which plans to target the small and medium enterprises, will be hiring 1,000 people in software development, product development and field teams to help penetrate the business. from Moneycontrol Business News https://ift.tt/3y8QvDh
The French drug giant and its British counterpart GlaxoSmithKline surprised investors and customers late last year when they announced a one-year delay to the launch of their joint COVID vaccine, based on a more conventional technology. from Moneycontrol Business News https://ift.tt/3A4XCyp
Under the collaboration, the company will install several hundreds of vaccine freezers across the country for the national roll-out of Sputnik V vaccines, B Medical Systems said in a statement. from Moneycontrol Business News https://ift.tt/3AbqmWc
Hyundai, Kia, Tata Motors, MG and Mahindra Mahindra offer diesel engine options alongside petrol engines. from Moneycontrol Business News https://ift.tt/3vYwOwt
A global leader in driveline and chasis technology, among others, ZF has been in India for more than five decades, operating through eight entities, two wholly-owned subsidiaries, five JV partners, along with 14 manufacturing locations as well as a technology centre in Hyderabad. from Moneycontrol Business News https://ift.tt/3joaBFi
Premiums to be paid for policies under PMJJBY and PMSBY will continue at Rs 330 and Rs 12 this year, although insurance companies wanted an increase of as much as 20 percent from Moneycontrol Business News https://ift.tt/3dnfJ8I
The SUV comes with a five litre supercharged V8 petrol engine that delivers a power of 423 kW and torque of 700 Nm and is capable of accelerating from 0-100 kmph in 4.5 seconds. from Moneycontrol Business News https://ift.tt/3y0mN3d
Each of these SUVs can be booked with an initial booking amount of Rs 5 lakh and the company will launch several new models under the e-tron brand, Audi India said in a statement. from Moneycontrol Business News https://ift.tt/3y4pwsl
The series A round also saw participation from Atelier Ventures, Ankur Nagpal (Teachable Founder and CEO), Kunal Shah (Cred founder), Better Capital, Vidit Aatrey (Meesho co-founder and CEO). from Moneycontrol Business News https://ift.tt/2SBzwu8
Platforms including Google, YouTube, and Gmail were down, with users citing issues with login and accessing the website in parts of North America, according to Downdetector. from Moneycontrol Business News https://ift.tt/3xhokSF
With vaccination drive picking up, multiplexes expect to reopen in tier 1 and 2 cities over the next three months. from Moneycontrol Business News https://ift.tt/3A61DT4
The delay is "due to dependency on imported consignments, and quality testing in India", the company has said. from Moneycontrol Business News https://ift.tt/3y5dcYM
From barely 150,000 units sold until FY2021, analysts expect the electric two-wheeler market to grow exponentially to 15 million units annually by FY2026 from Moneycontrol Business News https://www.moneycontrol.com/news/business/the-green-pivot-|-how-hero-bajajtvspreparing-for-ev-competition_15239301.html
The final report will be published on July 15, containing details of user complaints received and action taken. from Moneycontrol Business News https://ift.tt/3doq1FY
IGL#39;s valuation is fair, given zero debt on its books, monopoly in operations and long-term growth drivers from Moneycontrol Business News https://ift.tt/3607Pyc
The luxury hotels chain will also fund the education of children of employees who succumbed to COVID. Bajaj Auto, Borosil, Tata Motors, Tata Steel, and Tech Mahindra among those which have announced similar relief packages. from Moneycontrol Business News https://www.moneycontrol.com/news/business/taj-hotels-assists-familiesemployees-who-diedcovid-193-months’-salary-job-for-family-member_15238861.html