High commodity prices along with lower sales volumes are likely to put pressure on automakers' margins after an improvement Q3FY21, Fitch Ratings said in a report. "We believe the price hikes announced by automakers in January 2021 will not fully offset higher costs." the report said....
The transportation infrastructure business of L&T Construction has secured an order in the range of Rs 1,000-2,500 crore to extend the mainline corridor of the Mauritius Metro by 3.4 km from Metro Express Limited (MEL), Mauritius....
Ahead of the upcoming summer season, PepsiCo India is strategically expanding its beverage portfolio by launching a lemon juice-based beverage -- Mountain Dew Ice. ...
Former Union Finance Minister P Chidambaram said on Thursday that the Union government had ignored the poor, unemployed and the MSME sector in the Budget proposals for 2021-22....
E-commerce giant Amazon has moved the Supreme Court against the Future-Reliance Retail deal....
Fintech services company BharatPe on Thursday announced its has raised $108 million (over Rs 786 crore) in Series D equity round, that puts the company at $900 million (approx Rs 6,552 crore) valuation....
The British pound increase to 1.3855 against the US dollar, marking the highest level since April 2018....
A US trade panel has ruled in favour of South Korean battery maker LG Energy Solution Ltd, in a trade secret case and issued a 10-year import ban on some lithium-ion battery products by SK Innovation Co....
UAE-based Etihad Airways has become the first passenger carrier in the world with all its operating pilots and cabin crew vaccinated against Covid-19, the airline company said on Wednesday....
Hit hard by the pandemic, millions of small and medium businesses (SMBs) in India understand the importance of going digital to revive their businesses, and PC and printer major HP is going beyond just products to help SMBs in their rebound in 2021, a top country executive said on Wednesday....
