Hero Electric Vehicles has announced that it’ll invest ₹700 crore to expand its business by 2025. This may include fixing of a replacement manufacturing unit and for this, the corporate has raised ₹220 crore to part-fund the activities. Hero Electric is additionally getting to found out a replacement manufacturing facility […]
Maruti Suzuki announces price hike for Swift and all CNG variants
Auto major Maruti Suzuki India Limited on Monday announced a price change for Swift and every one CNG variant due to increase in various input costs. The rise in ex-showroom prices (Delhi) is up to ₹15,000 on the above models. The new prices are effective from today, it said. ”With […]
RBI asked the bank to send the main employees to a 10-day surprise leave
RBI asked the bank to decide at the level of their council, employees who will be considered “sensitive” in mandatory leave requirements. In an effort to tighten the risk management guidelines, the Bank of India (RBI) reserves have asked the bank to send vital staff on mandatory surprise leaves for […]
In India Mother Dairy milk prices are set to increase from tomorrow.
Mother Dairy said it’s ‘compelled to boost its liquid milk prices by ₹2/litre in Delhi-NCR with effect from July 11, 2021.’ Leading milk supplier Mother Dairy on Saturday increased milk prices in Delhi-NCR and other cities by ₹2 per litre with effect from tomorrow thanks to higher input costs. It […]
Caught between a rock and a tough place, Indian lenders are failing Modi’s economic dreams
India’s risk-averse lenders are emerging together of the most important hurdles to the speed of the nation’s recovery from the pandemic-induced downturn, as they twiddling my thumbs credit when the economy needs it the foremost . Loans to companies and individuals has been growing at a subdued 5.5%-6% in recent months, which is half the pace seen before […]
TCS Misses Estimates as its Indian Business Hit by Second Wave
Tata Consultancy Services Ltd. (TCS), India’s largest IT services company, declared its numbers for Q1 FY22 after market hours on Thursday. the corporate missed its estimates. Analysts expected income to grow by 5% to Rs 45,580 crore compared to Q4 FY21. net income was expected to punch in at Rs 9,370 crore, up around 1% sequentially. However, […]
CLEAN Science & Technology IPO Open today: Should you subscribe?
Special public problems Chemicals Companies Science and clean technology accept the ‘subscription’ rating from all analysts, given the strong and broad relationship with multinational customers, product quality, strong profit track record with a healthier return ratio, greater cost control, control The process of innovation with a consistent focus on R […]
NCLAT allows plea for setting aside OYO’s insolvency case against subsidiary
New Delhi: OYO Hospitality Company on Wednesday said the national law of the Appellate Tribunal (NCL) law has enabled its application to override the bankruptcy case against its subsidiary ohhpl and has banned the intervention of external parties. “Nclat today passed the order, concluded that the ongoing bankruptcy case against […]
Why do businesses assist universities with their course content?
When businesses assist universities with course content, it is undeniably beneficial for the students. It aids them to gain greater insight into the up-to-date requirements of business and the real-life experience of the industry. The businesses also benefit from this partnership, gaining more than simply the satisfaction of helping to […]
Sumitomo Mitsui to obtain Temasek India NBFC ARM Fullerton India Credit Company
Japan’s Sumitomo Mitsui Financial Group (SMFG) and Fullerton Financial Holdings (FFH) July 6 reached an agreement for the previous to accumulate the latter’s 74.9% stake in its diversified NBFC arm Fullerton India Credit Company. The deal is subject to regulatory approvals and consistent with sources has been struck for around $2 billion. SMFG will eventually […]