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Business

Business / News Update

Lava to shift production from China to India, to invest Rs 800 crore

May 16, 2020 - by IANS

New Delhi:  In an impetus to Prime Minister Narendra Modis Local ke liye Vocal call, domestic brand Lava on Saturday announced to shift its entire mobile R&D, design and manufacturing …

Lava to shift production from China to India, to invest Rs 800 crore Read More
Google Stadia tests game streaming on a 4G or 5G network
Business / News Update

US ready to sue Google for ‘monopolising’ online ads: Report

May 16, 2020 - by IANS

Washington:  The US government is reportedly preparing to sue Google for its anti-market ad practices where it allegedly monopolized online ads. The Justice Department and a group of state attorneys …

US ready to sue Google for ‘monopolising’ online ads: Report Read More
Business / News Update

US targets Huawei with tighter chip export rules

May 16, 2020 - by IANS

Washington: The US has announced new export controls aimed at limiting Chinese technology giant Huawei’s access to semiconductor technology. The new rule bars semiconductor-makers that use US technology and software in …

US targets Huawei with tighter chip export rules Read More
RIL allots NCDs worth Rs 3,600 cr on private placement basis
Business / National / News Update

RIL rights issue opens on May 20

May 16, 2020 - by IANS

New Delhi: The Rs 53,125 crore rights issue of Mukesh Ambani’s Reliance Industries Limited (RIL) will open for subscription on May 20. In a filing with the stock exchanges, RIL said …

RIL rights issue opens on May 20 Read More
Business / National / News Update

Centre to amend Essential Commodities Act; deregulate pulses, onion

May 15, 2020 - by IANS

New Delhi: In a bid to enable better price realisation for farmers. the Centre has decided to amend the Essential Commodities Act whereby agriculture produce including pulses, onion, potato and cereals …

Centre to amend Essential Commodities Act; deregulate pulses, onion Read More
Business / News Update

70% Indians to avoid public transport, 62% to ditch Ola, Uber: Survey

May 15, 2020 - by IANS

Bengaluru: Once the lockdown ends, more than 70 per cent Indians would avoid public transport while 62 per cent indicated to avoid cab-hailing apps like Ola and Uber, a new survey …

70% Indians to avoid public transport, 62% to ditch Ola, Uber: Survey Read More
Business / News Update

Xiaomi to make IoT products in India once demand rises

May 15, 2020 - by IANS

New Delhi: Chinese smartphone maker Xiaomi on Friday said it aims to manufacture Internet of Things (IoT)-enabled products like robot vacuum cleaner in India once the market is large enough for …

Xiaomi to make IoT products in India once demand rises Read More
Business / News Update

11-point plan for farmers’ welfare announced

May 15, 2020 - by IANS

New Delhi: In the third tranche of Rs 20 lakh-crore package announced by the Prime Minister, Finance Minister Nirmala Sitharaman on Friday came up with an 11-point plan for farmers’ welfare, …

11-point plan for farmers’ welfare announced Read More
Business / News Update

Zomato lays off 13% workforce, up to 50% salary cut for rest

May 15, 2020 - by IANS

New Delhi: Hit hard by the Covid-19 pandemic, Zomato CEO Deepinder Goyal on Friday announced to lay off nearly 13 per cent of its workforce — over 600 employees — via …

Zomato lays off 13% workforce, up to 50% salary cut for rest Read More
Business / News Update

GDP growth rate for FY21 seen at 0.9-1.02%: Crediwatch

May 15, 2020 - by IANS

New Delhi:  India’s GDP for the financial year 2020-21 is likely to grow in the range of 0.9 per cent to 1.02 per cent, according to a report by Crediwatch. …

GDP growth rate for FY21 seen at 0.9-1.02%: Crediwatch Read More

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