In his AGM address on Friday, Sanjiv Puri, Chairman, ITC Limited, outlined the top strategic priorities in preparing for the 'Next Normal' and Reimagining the Future for ITC during the unprecedented times. ...
The Insolvency and Bankruptcy Board of India (IBBI) has proposed an amendment to the liquidation regulations under the Insolvency and Bankruptcy Code, 2016 to allow public auction of non-readily realisable assets (NRRA) to third parties in a bid to avoid the stalemate or delay created in the liquidation process due to such assets....
Airline major IndiGo on Thursday commenced two weekly flights between India and Maldives under the air bubble agreement....
The Engineering Export Promotion Council (EEPC) of India has urged the Commerce Minister to continue with the Merchandise Exports from India Scheme (MEIS) without any ceiling/limit for aluminium exports to survive the current crisis situation. ...
Automobile major Tata Motors on Thursday reported a 21.6 per cent rise in its total domestic sales for August....
As oil giant Saudi Aramco reviews plans to expand at home and abroad in face of sharply low oil prices and heavy dividend burden, one of the projects that its likely to face the axe or the pause button from the oil major may be its proposed investment in a $44 billion mega refinery project at Ratnagiri in Maharashtra....
Auto component manufacturers are expected to suffer about 15-18 per cent decline in their revenues in FY21 and an average of 100 basis points (bps) in their EBITDA due to sharp contraction in demand over what the industry experienced during FY20, said Brickwork Ratings in a report released on Thursday. ...
The US Food and Drug Administration has issued a warning letter to global pharma major Mylan Laboratories Ltd for significant deviations from Current Good Manufacturing Practices (CGMP) for making active pharmaceutical ingredients (APIs) at its plant in Telangana. ...
Apparel Export Promotion Council (AEPC) Chairman A. Sakthivel, on Thursday said the apparel exports from the country is likely to expand by about 40 per cent in the current financial year....
Business executives in India are increasingly planning to invest in Hybrid multi-Cloud platforms and by 2023, an Indian firm will deploy at least 10 Clouds particularly in the growing insurance, telecommunications and retail industries, an IBM survey said on Thursday....
