BUSINESS – Page 148 – The Indian EYE

Lockheed Martin signs MoU with Hindustan Aeronautics Limited to explore industrial collaborations

February 7, 2021

Last year, Lockheed Martin offered its F-21 combat jet to India with a proposition to manufacture it in India. US defense major Lockheed Martin and…

Real estate, healthcare and infra expect a recovery and boom as promised in Budget

February 6, 2021

To boost the investment coming via the NRI route, the taxation has been simplified which may incentivize the overseas Indians to invest in India Our…

Tata Boeing Aerospace to make fin structures in Hyderabad; Zydus Cadila’s net profit rises

February 6, 2021

Tata Boeing Aerospace to make 737 vertical fin structures in Hyderabad Boeing on Friday announced the addition of a new production line at its joint…

Reliance Industries receives world’s first “carbon-neutral” oil from US

February 4, 2021

Indian multinational conglomerate company Reliance Industries Ltd has sourced the world’s first shipment of “carbon-neutral” oil from the United States as the company aims to…

Jeff Bezos to step down as Amazon CEO, AWS head Andy Jassy will take over

February 4, 2021

Jeff Bezos will step down from his position of CEO of Amazon in the third quarter of 2021 and transition into the Executive Chair of…

India’s Budget will help boost infrastructure and generate employment, says US chamber of commerce

February 2, 2021

On Monday, a Boston-based India-centric chamber of commerce said that the increase in healthcare outlay in India’s latest annual budget will lead India to be…

USIBC requests India to not tighten its foreign e-commerce regulations, says report

January 31, 2021

Local traders in India have complained that e-commerce giants Amazon and Walmart’s Flipkart promote only certain sellers and offer extensive discounts which hamper the growth…

V-shaped recovery: After a fall of 8% in 2020, India all set to grow at 11% in 2021

January 30, 2021

Economic Survey recommends an increase in public spending on healthcare services from 1% to 2.5 to 3 % of GDP as envisaged in the National…

IndianOil’s Q3 profit moves up to Rs 4,917 crore on rising sales

January 30, 2021

Oil marketing firm IndianOil Corporation (IOC) said on Friday its net profit for December quarter more than doubled to Rs 4,917 crore from Rs 2,339…

Output of eight core industries shrinks by 1.3 pc in December 2020

January 29, 2021

The combined Index of eight core industries stood at 133.8 in December 2020 and declined by 1.3 (provisional) per cent as compared to the Index…