The European Central Bank (ECB) has kept key interest rates for the euro area unchanged but revised forward guidance to open doors for possible monetary policy easing. The central bank said in its latest policy decision statement on Thursday that it expects the key interest rates to remain "at their present or lower levels" ...
India's leading biotech firm Biocon on Thursday reported Rs 206-crore consolidated net profit for the first quarter (Q1) of fiscal 2019-20, registering a whopping 86 per cent annual growth from Rs 120 crore in the same period a year ago. In a regulatory filing on the BSE, the city-based firm said consolidated ...
India's Niti Aayog on Thursday entered into a partnership with Facebook-owned WhatsApp to support the growth of a robust ecosystem to promote women entrepreneurs in India. Under this partnership, WhatsApp, in collaboration with Niti Aayog, will ...
India's subsidies to petrol and diesel between October 2018 and June 2019 amounted to almost three times the three-year government budget for electric vehicle (EV) support, a new study revealed on Thursday. The study by Global Subsidies Initiative (GSI) of the International Institute ...
Indian Institute of Technology, Kanpur (IIT Kanpur) on Thursday entered into a partnership with Swedish telecom gear maker Ericsson to deploy Narrowband Internet of Things (NB-IoT) to monitor air pollution in Delhi. "With support from Ericsson, we will develop and deploy India's first NB -IoT ...
The Enforcement Directorate has summoned Amrapali group's Chief Financial Officer, Secretary and others to Lucknow for questioning on Friday on charges of money laundering. The official told IANS that the agency would also question several other officials of the Amrapali group next week....
Korean automobile major Hyundai Motor is developing an electric vehicle for the mass market and will launch it in a couple of year's time, said a top company official. "Hyundai Motor is transforming into a mobility solutions provider from and ...
Despite delivering a record 95,200 cars in the second quarter (Q2) of 2019, Elon Musk-led electric car maker Tesla reported a net loss of $408 million for the quarter that ended June 30. ...
The Supreme Court on Wednesday issued notice to the Centre and others on a public suit seeking directions to curb illegal sand mining and for ensuring implementation of sustainable sand mining guidelines in the country. A bench headed by Justice S.A. Bobde also asked the Ministry of Environment, ...
LinkedIn, which has over 645 million members and 20 million jobs to trade for, is finally moving its entire workload to Microsoft Azure Cloud platform. Microsoft announced its $26.2 billion acquisition of LinkedIn in June 2016 and closed the deal in the same year in December....
