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Business

Business / News Update

Realme eyes to sell 30mn phones, 8mn AIOT products by 2020-end in India: CEO

June 26, 2020 - by IANS

New Delhi:  As India gears up to enter unlock 2.0 from June 30, realme India CEO Madhav Sheth has refreshed his target for the rest of the year, eyeing 30 …

Realme eyes to sell 30mn phones, 8mn AIOT products by 2020-end in India: CEO Read More
Business / News Update

HUL completes VWash acquisition from Glenmark

June 26, 2020 - by IANS

Mumbai: Hindustan Unilever Limited (HUL) on Friday announced that it has completed the acquisition of intimate hygiene brand VWash from Glenmark Pharmaceuticals Ltd. In a regulatory filing, HUL said that …

HUL completes VWash acquisition from Glenmark Read More
Business / News Update

Amazon to acquire self-driving firm Zoox for over $1bn: Report

June 26, 2020 - by IANS

San Francisco:  Amazon is set to spend over $1 billion to acquire self-driving car startup Zoox, The Information reported. The deal could be officially announced as early as Friday. The …

Amazon to acquire self-driving firm Zoox for over $1bn: Report Read More
Business / National / News Update

Equities end flat amid volatility, rising covid cases

June 25, 2020 - by IANS

Mumbai: Amidst a largely volatile trade session, the Indian stock market settled on a flat-to-negative note on Thursday. Decline in the global markets also weighed on the domestic investor sentiments. Surging …

Equities end flat amid volatility, rising covid cases Read More
Business / National / News Update

Fearing backlash, Xiaomi puts ‘Made in India’ logo on store branding

June 25, 2020 - by IANS

New Delhi: Despite asserting that anti-China sentiment was mainly limited to social media, Xiaomi has started covering its retail store branding with the Made in India logo in white colour fearing …

Fearing backlash, Xiaomi puts ‘Made in India’ logo on store branding Read More
Business / News Update

Xiaomi placing ‘Made in India’ logo to cover store branding: Trade body

June 25, 2020 - by IANS

New Delhi: Despite asserting that anti-China sentiment was mainly limited to social media, Xiaomi — it ppears fearing a backlash amid the India-China stand-off — has begun covering its retail …

Xiaomi placing ‘Made in India’ logo to cover store branding: Trade body Read More
Business / News Update

Rising duty structure of upto 40% proposed on solar gear imports

June 25, 2020 - by IANS

New Delhi:  The government has proposed to end customs duty exemption for solar cells and module imports as it looks to boost domestic manufacturing and check large scale procurement of …

Rising duty structure of upto 40% proposed on solar gear imports Read More
Business / News Update

ICICI Bank’s $3 bn capital raised to target growth

June 25, 2020 - by IANS

New Delhi:  A potential capital raise of $3 billion by ICICI Bank could be tofurther improve its margin of safety and to be better prepared to capitalize on potential growth …

ICICI Bank’s $3 bn capital raised to target growth Read More
Business / News Update

Equity indices in red on weak IMF outlook, global cues

June 25, 2020June 25, 2020 - by IANS

 Mumbai: The key Indian equity indices traded in the negative territory on Thursday morning tracking a similar trend in the global markets. Stocks were weighed down after the International Monetary …

Equity indices in red on weak IMF outlook, global cues Read More
Business / News Update

Diesel price rises for 19th day, remains higher than petrol in Delhi

June 25, 2020 - by IANS

New Delhi:  Transport fuel diesel prices continued its roll on Thursday, surpassing Rs 80 per litre mark in Delhi with oil marketing companies raising its prices on the 19th consecutive …

Diesel price rises for 19th day, remains higher than petrol in Delhi Read More

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