Jehangir Ratanji Dadabhoy (JRD) Tata founded the airline in 1932 and named it Tata Airlines After more than two decades and three attempts, the government has finally sold its flagship national carrier Air India, and it is deja vu for Maharaja as it returned home to its founding father the Tata group. Jehangir Ratanji Dadabhoy (JRD) Tata founded the airline […]
Zee Entertainment Enterprises Ltd on Wednesday approached the National Company Law Appellate Tribunal (NCLAT) against the requisition of minority shareholders Invesco and OFI Global China Fund to convene an Extraordinary General Meeting (EGM) to discuss various issues, including removal of Managing Director Punit Goenka. The media major has challenged the orders of Mumbai-bench of the National Company Law Tribunal, which […]
The company has earmarked an investment of ₹1,000 crore on its electric vehicles business. Chennai-based TVS Motor Company will launch a complete range of electric two- and three-wheelers with power output ranging from 5 to 25 kilowatts in the next two years as it seeks to play a leading role in the country’s emerging electric vehicle space, according to a […]
Vodafone Idea had total gross debt of ₹1.91 lakh crore, excluding lease liabilities and including interest accrued but not due, as of June 30, 2021 The government has given an option to telcos to pay back interest on dues through equity and also conveyed that it has no interest in acquiring any telecom company, a top official of debt-ridden Vodafone […]
Looking to regain lost ground in the credit cards segment, HDFC Bank on September 20 announced a tie-up with leading payments company Paytm to start selling co-branded plastics before the onset of the festive season. The credit cards will be powered by Visa and will include offerings targeted at millennials, business owners and merchants, an official statement said. Paytm has […]
This benefit was earlier available to all recognised educational institutions owned by the government The government on Thursday said patent fees for all educational institutions has been reduced by 80%, a move aimed at promoting innovation and development of new technologies. This benefit was earlier available to all recognised educational institutions owned by the government. The Commerce and Industry Ministry […]
The Adani Group chairman said the USD 20 billion investment will be in renewable energy generation, component manufacturing, transmission and distribution. Unveiling his infrastructure conglomerate’s green vision, billionaire Gautam Adani on Tuesday said his group will invest USD 20 billion over the next ten years in renewable energy generation and component manufacturing and will produce the world’s cheapest green electron. […]
The company has pledged to significantly reduce its carbon footprint and emissions from its network operations Bharti Airtel on Monday said it has joined global efforts to combat climate change, as the telecommunications company has committed to reduce 50% greenhouse gas emissions by FY31 across its operations. The company has pledged to significantly reduce its carbon footprint and emissions from […]
Trends like remote work and study-from-home during the COVID pandemic have led to an explosive growth in semiconductor demand that has placed a huge strain on global supply chains Festive season this year is likely to see fewer launches by smartphone companies and prices of existing devices could rise by 7-10% as players are grappling with severe shortage of components, […]
The Commerce and Industry Ministry released a statement after Union Minister Piyush Goyal’s meeting with British International Trade Secretary Elizabeth Truss Formal negotiations for the proposed India-United Kingdom Free Trade Agreement (FTA) will begin on November 1, with an interim ‘early harvest’ agreement to be completed by March 2022, the government said on Tuesday. The interim trade pact would involve […]