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 crore in the year-ago period. This was largely as the value of inventory increased due...
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 of December, 2019, Commerce Ministry said on Friday. Its cumulative growth during April to December...
Boeing will compete with France's Rafale and Sweden's Gripen among others for the Indian Air Force's plan to buy 114 multi-role aircraft in order to replace its Soviet-era fleet. On Thursday, a senior executive at Boeing said that the aerospace company...
On Tuesday on the occasion of India’s 72nd Republic Day, the US-India Business Council (USIBC) suggested a series of major recommendations to the Biden administration to strengthen the India-US ties, including reconstitution of the existing US-India Trade and Commercial dialogue...
Our BureauNew Delhi The Reserve Bank of India (RBI) on Friday proposed tighter regulations for large non-banking finance companies (NBFCs) and creation of a multi-layer model in the fast-growing industry. In a discussion paper it has proposed a multiple layer...
Indigenously developed 5G Radio integrated with Jio's 5G Core Network and 5G Smartphones achieve over the air throughputs in excess of 1 Gbps Our BureauNew Delhi Jio Platforms Ltd has achieved USD 10 billion annualized operating revenue run-rate during the...
CEO at Amazon World Wide Consumer Dave Clark reiterated a request Amazon had made to the Centers for Disease Control and Prevention asking that frontline workers among the company’s more than 800,000 US employees, receive vaccines at the “earliest appropriate...
PVR reports huge loss and film industry suffers Multiplex player PVR Cinemas on Friday reported a consolidated net loss of Rs 49 crore for the October to December quarter against a profit of Rs 36 crore in the year-ago period....
About 20 to 30 per cent of Indian IT services employees work onsite with nearly 40 to 50 per cent dependent on the H-1B visa Our BureauNew Delhi The proposed changes in H-1B application selection process by US Citizenship and...
Milind Pant and Nasdaq executive Edward Knight are the other two selected Vice-Chairs of US India Business Council. US India Business Council (USIBC) on Thursday named Kiran Mazumdar-Shaw, Chairperson and Managing Director of Bengaluru, India-headquartered Biocon, and a familiar figure...
