Archive Detail
Title | Description | Posted Date |
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UK announces landmark deal in green ener | London, March 24 (TIWN) High-skilled oil and gas workers and the supply chain will not be left behind in the transition to a low carbon future, the Britain government vowed on Wednesday as a landmark North Sea Transition Deal is agreed with industry. | 24-Mar-2021 |
Strong smartphone biz helps Xiaomi log s | Hong Kong, March 24 (TIWN) Xiaomi on Wednesday reported a robust performance driven by its smartphone business last year, with a total revenue of 245.9 billion yuan (nearly $37.7 billion) which is an increase of 19.4 per cent (on-year) and net profit of 13 billion yuan (nearly $2 billion). | 24-Mar-2021 |
Sensex drops 871 points, banking stocks | Mumbai, March 24 (TIWN) The Indian stock market witnessed a freefall on Wednesday with the BSE Sensex losing over 800 points. | 24-Mar-2021 |
Fuel prices fall on sharp decline in glo | New Delhi, March 24 (TIWN) Consumers can heave a sign of relief as oil marketing companies (OMCs) have finally relented and reduced the retail price of petrol and diesel after keeping them steady for past 24 days. | 24-Mar-2021 |
FM clarifies on equalisation levy as LS | New Delhi, March 24 (TIWN) Finance Minister Nirmala Sitharaman on Tuesday clarified that the equalisation levy will not be applicable on foreign companies who pay income tax in India. | 23-Mar-2021 |
Aramco remains in talks with Reliance fo | New Delhi, March 23 (TIWN) Saudi Aramco's conference call indicated that it is still in discussion with Reliance to evaluate the existing opportunities as potential partners, regarding the non-binding MoU signed with Reliance for its oil to chemicals (O2C) business. | 23-Mar-2021 |
Germany's BSH Hausgerate to make refrige | Chennai, March 23 (TIWN) German consumer durable major BSH Hausgerate GmbH (BSH) will start manufacturing refrigerators in India, a senior official said on Tuesday. | 23-Mar-2021 |
Microsoft in talks to acquire Discord fo | San Francisco, March 23 (TIWN) In a bid to enter the competitive social media market, Microsoft may acquire popular chat and communications platform Discord for more than $10 billion, the media reported. | 23-Mar-2021 |
Samsung to lead premium TV sales globall | Seoul, March 23 (TIWN) Although global TV sales are expected to decline slightly this year, shipments of premium TVs will grow which will be led by Samsung, a report said on Tuesday. | 23-Mar-2021 |
RBI names SEAC members, former Deputy Go | Mumbai, March 22 (TIWN) The Reserve Bank's committee for evaluating applications for universal as well as small finance banks will be chaired by its former Deputy Governor Shyamala Gopinath. | 22-Mar-2021 |
Turkish lira tumbles after sacking of ce | Ankara, March 22 (TIWN) The Turkish lira plunged around 11 per cent on Monday after President Recep Tayyip Erdogan fired the central bank governor and appointed a critic of high interest rates, a move sparking turbulence in markets. | 22-Mar-2021 |
HK's Lam receives 2nd Covid shot | Hong Kong, March 22 (TIWN) Hong Kong Chief Executive Carrie Lam was administered the second shot of the Covid-19 vaccine on Monday after which she urged residents of the city to actively get the jab in an effort to return to normal lives soon. | 22-Mar-2021 |
Manufacturing gaining lost momentum in Q | New Delhi, March 22 (TIWN) FICCI's latest quarterly survey on manufacturing assessed recovery of the sector for Q-3 (October-December 2020-21) and pointed that it is expected to regain the lost momentum in the Q-4. | 22-Mar-2021 |
CAIT praises Uday Shankar for FICCI stan | New Delhi, March 22 (TIWN) The Confederation of All India Traders (CAIT) has praised FICCI President Uday Shankar for taking a stand on FDI policy e-commerce. | 22-Mar-2021 |
GoAir makes history with 1st Srinagar ni | New Delhi, Mar. March 20 (TIWN) Low cost carrier GoAir operated the first night flight from Srinagar to New Delhi, thus becoming the first airline in the history of Indian aviation to achieve this feat. | 20-Mar-2021 |
Goyal asks officials to ensure passenger | New Delhi, March 20 (TIWN) Emphasising on the safety of passengers, Union Railway Minister Piyush Goyal on Friday asked the railway officials to take pro active steps towards sensitising passengers against smoking in trains. | 20-Mar-2021 |
Consumer Confidence declines in March: R | New Delhi, Mar. March 20 (TIWN) The extended run of the pandemic with a surge in Covid cases in several parts of the globe seems to have shaken consumer confidence that had build up in the beginning of 2021. | 20-Mar-2021 |
Quick law needed to curb Google's billin | Seoul, March 20 (TIWN) A group of major South Korean online companies have called on lawmakers to pass a bill to restrict Google's planned enforcement of its billing system, even after the US tech giant decided to lower its commission rate. | 20-Mar-2021 |
PepsiCo Foundation invested over $22M in | New Delhi, March 20 (TIWN) PepsiCo, Inc. and The PepsiCo Foundation announced today that the company has helped more than 55 million people gain access to safe water globally since 2006 and out of this, 50 per cent beneficiaries i.e. over 27 million people are from India. | 20-Mar-2021 |
Shiv Nadar University becomes youngest ' | New Delhi, March 18 (TIWN) Shiv Nadar University (Delhi NCR) has signed a Memorandum of Understanding (MoU) with the Ministry of Education, Government of India, for granting of the prestigious status of ‘Institution of Eminence Deemed to be University (IoE). | 18-Mar-2021 |
CBI books Cadbury India, searches severa | New Delhi, March 18 (TIWN): The Central Bureau of Investigation (CBI) on Wednesday carried out searches at 10 locations of Cadbury India Ltd, now known as Mondelez Foods Private Limited, in connection with a case it registered for alleged corruption and misrepresentation of facts to fraudulently avail area-based tax benefits in Baddi, Himachal Pradesh. | 18-Mar-2021 |
Covid resurgence, US Fed spooks investor | Mumbai, March 17 (TIWN) Global cues ahead of the US Federal Reserve's policy statement pulled the Indian benchmark equity indices down for the fourth straight session on Wednesday. | 17-Mar-2021 |
S.Korean banks' capital adequacy ratio r | Seoul, March 17 (TIWN) South Korean banks' capital adequacy ratio rose in the fourth quarter of last year due to increased capital and lower risk-weighted assets, financial watchdog data showed on Wednesday. | 17-Mar-2021 |
Withholding tax on FPI debt return may s | New Delhi, March 17 (TIWN) Experts have pointed out that the provision providing for concessional income tax rate of 5 per cent on debt return for foreign portfolio investors (FPIs) has been inadvertently omitted. | 17-Mar-2021 |
BoB reduces Baroda Repo Linked Lending R | New Delhi, March 17 (TIWN) Bank of Baroda, India's third largest public sector bank, on Monday reduced Baroda Repo Linked Lending Rate (BRLLR) from 6.85 per cent to 6.75 per cent, effective from March 15. | 17-Mar-2021 |
Axis Bank to acquire 9.9% stake in Max B | Mumbai, March 17 (TIWN) Axis Bank will acquire 9.9 per cent stake in Fettle Tone LLP, a promoter entity of Max Bupa Health Insurance. | 17-Mar-2021 |
Udan's 4.1 version launched, 392 routes | New Delhi, March 16 (TIWN) To further enhance regional air connectivity, the Centre on Sunday invited bids for the 4.1 round of the RCS-Udan scheme. | 16-Mar-2021 |
Crude staying above $68 per barrel is a | Mumbai, March 16 (TIWN) After sustaining its winning streak, Indian Rupee is expected to slip during the upcoming week on the back of high crude oil prices along with somber macro-economic data. | 16-Mar-2021 |
Amazon ordered to shut facility in Canad | Toronto, March 16 (TIWN) A Canadian public health authority has ordered retail and e-commerce behemoth Amazon to shut one of its fulfilment centres owing to an increase in Covid-19 caseloads. | 16-Mar-2021 |
Laurence Fishburne joins 'The School For | Los Angeles, March 14 (TIWN) Actor Laurence Fishburne will be seen in the film adaptation of 'The School For Good and Evil'. He will be sharing the screen with Michelle Yeoh, Charlize Theron, Kerry Washington, Sofia Wyle and Sophia Anne Caruso. The actor will play the schoolmaster in the film. | 14-Mar-2021 |
'No fund house crosses SEBI's exposure l | New Delhi, March 14 (TIWN) India's fund houses do not cross the threshold set by SEBI directive on restricting their exposure to additional AT1 and AT2 bonds, a Crisil analysis of February 2021 MF portfolios showed. | 14-Mar-2021 |
India's FinTech valuation estimated at $ | New Delhi, March 13 (TIWN) The Federation of Indian Chambers of Commerce & Industry (FICCI) and Boston Consulting Group (BCG) on Saturday unveiled 'India FinTech: A USD 100 Billion Opportunity' report. The report details the findings from the study that BCG and FICCI undertook to size the value-creation potential and identify imperatives for India's FinTech growth. | 13-Mar-2021 |
IndianOil helps strengthen India's vacci | New Delhi, March 13 (TIWN) Indian Oil Corporation Limited (IndianOil) has leveraged its expertise and reach to bolster India's Covid-19 vaccination programme by supplementing the available cold chain equipment (CCE) infrastructure in four states -- Jammu & Kashmir, Tamil Nadu, Bihar and Manipur -- for the storage and transportation of vaccines. | 13-Mar-2021 |
2021-22 seeing Economic hopes | New Delhi, March 13 (TIWN) Economic activity is expected to consolidate in March 2021 as the Covid-19 impacted difficult financial year 2020-21 is winding down with new hopes for the next financial year with a great growth trajectory of Indian economy, said Sanjay Aggarwal, President, PHD Chamber of Commerce and Industry on Saturday. | 13-Mar-2021 |
India's in-house legal professionals com | New Delhi, March 13 (TIWN) Some of India Inc's senior General Counsels have together to launch the General Counsels' Association of India (GCAI). | 13-Mar-2021 |
Economy seen consolidating in March with | New Delhi, March 13 (TIWN) Economic activity is expected to consolidate in March 2021 as the Covid-19 impacted difficult financial year 2020-21 is winding down with new hopes for the next financial year with a great growth trajectory of Indian economy, said Sanjay Aggarwal, President, PHD Chamber of Commerce and Industry on Saturday. | 13-Mar-2021 |
Railways surpasses last year's freight l | New Delhi, March 12 (TIWN) The Indian Railways on Friday said that its total freight loading for financial year 2020-21 had surpassed that of the previous fiscal. | 12-Mar-2021 |
NCLT/NCLAT can't interfere with 'commerc | New Delhi, March 12 (TIWN) The Supreme Court has said that the National Company Law Tribunal (NCLT) or the National Company Law Appellate Tribunal (NCLAT) cannot interfere with the "commercial wisdom" of the Committee of Creditors (CoC), except within the limited scope under Sections 30 and 31 of the Insolvency and Bankruptcy Code(IBC), Live Law reported. | 12-Mar-2021 |
Participants confirm attendance for Mosc | Moscow, March 12 (TIWN) All the participants invited to attend a meeting in Moscow on the Afghan peace process next week have confirmed their attendance, a top Russian official said on Friday. | 12-Mar-2021 |
Bentley Systems to acquire Seequent in $ | San Francisco, March 12 (TIWN) Infrastructure engineering software company Bentley Systems has said that it entered into an approximately $1.05 billion agreement to acquire Seequent, a global leader in 3D modelling software for the geosciences. | 12-Mar-2021 |
Netflix rolls out new test to curb passw | New Delhi, March 12 (TIWN) If you watch Netflix via borrowing the password from your friend, you may need to ask for a verification code every time you log in, as the content streaming giant is all set to crack down on password sharing. | 12-Mar-2021 |
'Auto dealers' revenue, profits to reach | New Delhi, March 11 (TIWN) Overall revenue and operating profits of automobile dealers are set to scale back to the pre-Covid levels in FY22, Crisil Ratings said on Thursday. | 11-Mar-2021 |
Bank staff strike on March 15-16 against | Chennai, March 11 (TIWN) With the conciliation meeting between bank unions and the Central government failing, about 10 lakh bank employees will strike work for two continuous days - March 15 and 16 - protesting against the government decision to privatise public sector banks, the All India Bank Employees' Association (AIBEA) said on Thursday. | 11-Mar-2021 |
Parikh family sells ZCL Chemicals to Adv | New Delhi, March 11 (TIWN) The Parikh family, founder and promoter of ZCL Chemicals Limited (ZCL), announced on Thursday that it has sold the entire stake in the company to Advent International, one of the largest private equity investors, for an equity value of Rs 2,000 crore. | 11-Mar-2021 |
12 days on, fuel prices remain unchanged | New Delhi, March 11 (TIWN) Fuel prices in the country have remained steady for close to two weeks now even though the global oil market remained volatile with regular variations in prices. | 11-Mar-2021 |
No change in petrol, diesel prices | New Delhi, March 11 (TIWN) Oil marketing companies have spared consumers of any further increase in pump prices of petrol and diesel as state elections and stable global oil market have prevented any revision at this juncture. | 11-Mar-2021 |
Delhi presents Rs 69K Cr Budget, 6% more | New Delhi, March 10 (TIWN) Delhi Finance Minister Manish Sisodia on Tuesday presented a Rs 69,000 crore Budget for 2021-22 in the Assembly, and said it was themed on "patriotism". | 10-Mar-2021 |
Doldrums to continue for power distribut | New Delhi, March 10 (TIWN) Ratings agency India Ratings and Research has maintained a negative outlook on the power sector for FY22, on account of a further weakening in the financial position of distribution companies due to Covid-19 led business disruptions. | 10-Mar-2021 |
Govt's privatisation plan will see it re | New Delhi, Mar. March 10 (TIWN) The government may retain non-controlling stake in some of the public sector enterprises that would be put for strategic sale involving change of management control next year. | 10-Mar-2021 |
SEBI rationalises compliance norms for U | Mumbai, March 10 (TIWN) SEBI on Monday rationalised the compliance norms of collecting and maintaining copies of PAN (permanent account number) of clients by members of the exchanges which have commodity derivatives segment. | 10-Mar-2021 |