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Fifteen-year-old Vinisha Umashankar, one of the finalists of Prince Williams Earth shot Prize, delivered an impactful speech at the COP26 climate change conference in Glasgow on climate change. She urged the world leaders, business leaders, international organizations as well as civil society to just stop the talks and begin with the implementation “We have every […]
Ever since Virat Kohli the captain of the Indian Cricket team has made a statement defending Mohammad Shami creating a lot of stir on social media platforms, people have been passing comments of various tastes. Along with this people have been bashing the captain for India’s two straight losses in the World Cup. Congress leader […]
With another year about to approach its end, it’s that time of the year again when WhatsApp will stop supporting various Android and iPhone devices. WhatsApp has released a list of devices that will no longer support the chat software. Starting November 1, these listed devices will no longer support the WhatsApp app and the […]
The Adani group recently sealed the deal with Sri Lanka to develop and run the strategic Colombo Port’s Wester Container Terminal. A senior official from the state-owned Ceylon Electricity Board (CEB) informed that they are also exploring the possibility of investing in the island nation’s energy and wind sector. The comments of the deal came […]
Luxury carmaker Mercedes-Benz implemented its customer-centric ‘Retail of the Future’ (ROTF) ‘direct- to- customers’ business model and said it will all stakeholders. Company has invested Rs 60 crore to make it operational In this new format Mercedes-Benz India will retain the ownership of the entire stock of cars and retail them via appointed ‘franchise partners’ […]
Reliance Industries Ltd (RIL) has reported a net profit at Rs 13, 680 crore, July-Sept quarter FY22, a rise of 11.4 per cent compared with the previous quarter, where net profit stood at Rs 12,273 crore. EBITDA for the second quarter of FY22 stood at Rs 26,020 crore compared to Rs 23,368 in the first quarter. In the July-September […]
Manish Malhotra luxury retail footprint that extends stores across Mumbai, Hyderabad and New Delhi, gets its first external investor – Reliance Brands Limited (RBL) for a 40 percent stake. Reliance was also in talks to acquire Ritu Kumar’s brand but has now signed a definitive agreement to invest in the brand that had been so […]
With an increase in the inflow and availability of tea from Nepal, the prices of Darjeeling tea have fallen by 20-25 percent within a span of one year. Tea plantations in Darjeeling might have to be shut down as ‘substandard’ tea from Nepal continues to flood Indian markets which will likely affect thousands of people […]
Despite not so cordial relations between two Asian giants due to military standoff in eastern Ladakh, bilateral trade volumes between India and China continues to scale new height. After already having touched USD 90 billion in the first nine months, it is set to cross the record figure of USD 100 billion this year. While […]
Reliance New Energy Solar Ltd. (RNESL) – a wholly-owned subsidiary of Reliance Industries Ltd. (RIL) has signed an agreement with Denmark-based Stiesdal (Stiesdal) to manufacture hydrogen electrolyzers. Stiesdal is a Danish company that is engaged in developing and commercialising technologies on climate change mitigation. RNESL has been awarded the license for this through a “cooperation agreement”, […]
IMF World Economic Outlook report for the quarter ending September 2021 has estimated the Indian economy to grow at 8.5 percent next financial year 2021-22. This bolsters the general opinion about robustness of the economy, which is coming out of the recession created by the Covid-19 epidemic. IMF has suggested no change in the estimated […]
More than 100 female beauticians from Urban Company hit the street protesting against the pay scale, working conditions, and absence of insurance. This incident has come to a blow in the face of Urban Company, Which has been riding on an ego trip dependent on these elements for some time now.Urban Company was among the […]
Ministry of Power has noticed some states failing to supply power to their consumers and imposing load shedding. Moreover, they are selling power in the power exchange at a high price. According to the guidelines for allocation of power, 15% of power from the Central Generating Stations (CGS) are kept under “unallocated power” which is […]
More than half a century after India’s biggest conglomerate surrendered control to the state, ending the government’s hold over an airline – Tata Sons Pvt Ltd is all set to take over Air India Ltd, again. The central government has officially announced that Tata sons acquires 100 percent shareholding of Air India. This comes a […]
While the investigation agencies were busy probing criminal cases against Sterling Biotech Director Nitin Sandesara and his group in 2017, Sandesara was busy collecting character certificates from Nigerian banks so to expand his oil business in the British Virgin Island. In a reference letter to Fidelity Corporate Service Ltd, the Union Bank of Nigeria Plc […]
The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 82,229 crores to more than 53.54 lakh taxpayers from April 1, 2021, to October 4, 2021. Income tax refunds of Rs 20,510 crores have been issued in 51,88,762 cases Corporate tax refunds of Rs 61,719 crore have been issued in 1,65,397 cases […]
In awarding model Aashna Roy damages of Rs 2 crore for a botched hair cut at the ITC Maurya hotel in Delhi, the National Consumer Disputes Redressal Commission (NCDRC) has created a history of sorts. Foreign networks have picked up on the news, with headlines like “Indian salon must pay more than 230,000 euros for […]
Gift City, Gandhinagar has decided to market itself internationally, inching towards its stated raison d’etre. Deciding to participate with vigour at EXPO 2020 in Dubai, it has planned two dedicated panel discussions on investment opportunities. The Gift City MD Tapan Ray will deliver a keynote address. Global investors from Southeast Asia, Middle East, Europe, and […]
All is not well for the foreign auto makers who set the shop in India. After the news of Ford deciding to leave the country, Honda’s news of having incurred loss is another shock. As per the returns filed with on the Ministry of Corporate affaires, Honda Car India has posted net loss of Rs. […]
More than half a century after India’s biggest conglomerate surrendered control to the state, ending the government’s hold over an airline – Tata Sons Pvt Ltd is all set to take over Air India Ltd, again. The proposal has been accepted by a panel of ministers from bureaucrats who recommended the bid ahead of an […]
