Friday, January 1, 2021

Mahindra says in discussion with potential investor to sell majority stake in SsangYong Motor

Mahindra says in discussion with potential investor to sell majority stake in SsangYong Motor The troubled automaker has also applied for an autonomous restructuring support (ARS) programme which is a court-designed process.

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Lack of approval for other COVID-19 vaccines by EU causing supply gaps, says BioNTech

Lack of approval for other COVID-19 vaccines by EU causing supply gaps, says BioNTech Eyebrows have been raised in Germany where inoculation drives had to be halted due to the late rollout รข€“ despite the COVID-19 vaccine being indigenously developed.

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Tata Steel transfers stake in processing arms to TSDPL

Tata Steel transfers stake in processing arms to TSDPL Tata Steel said that the step was taken to reorganise the company#39;s India footprint into four clusters to drive scale, synergies and simplification.

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Temp hiring is top focus for recruitment firms as companies turn cautious

Temp hiring is top focus for recruitment firms as companies turn cautious With business taking a hit in the wake of the pandemic, companies are focussing on keeping costs in check, hiring temporary workers till things stabilise to save on payroll expenses.

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Praj Industries bags Rs 226.90 crore order from Indian Oil Corporation

Praj Industries bags Rs 226.90 crore order from Indian Oil Corporation In a regulatory filing the company said the Rs 226.90 crore order from Indian Oil Corporation is for "execution of zero liquid discharge system - water treatment package and waste water treatment package of Acrylic/Oxo-Alcohol Project at IOCL Dumad, Gujarat".

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Toyota Kirloskar Motor posts 14% growth in India sales at 7,487 units for December

Toyota Kirloskar Motor posts 14% growth in India sales at 7,487 units for December "As we wrap up the year, we are happy to have registered a 14 percent growth in wholesales in December 2020, when compared to sales in the same period in 2019," said Naveen Soni, Senior Vice President, Toyota Kirloskar Motor (TKM).

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Flybig, India#39;s newest airline, to begin operations from January 3: All you need to know

Flybig, India#39;s newest airline, to begin operations from January 3: All you need to know India#39;s newest airline - Flybig, which got the permit from DGCA in December, would will have its inaugural flight from Indore to Ahmedabad

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Coronavirus News LIVE Updates: Govt allows import/export of COVID-19 vaccine without any value limitation

Coronavirus News LIVE Updates: Govt allows import/export of COVID-19 vaccine without any value limitation Coronavirus News LIVE Updates: India has recorded over 1.02 crore confirmed COVID- 19 cases so far, including 1.48 lakh deaths.

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Gayatri Projects declared L-1 bidder for a road project worth Rs 1,323.52 crore

Gayatri Projects declared L-1 bidder for a road project worth Rs 1,323.52 crore The company has been declared as L-1 bidder for development of six-lane access controlled highway in Uttar Pradesh portion of Delhi Saharanpur Highway from Delhi/UP Border to EPE Junction in Uttar Pradesh on under Economic Corridor in phase l of Bharatmala Pariyojana, Gayatri Projects said in a regulatory filing.

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MG Motor sales increase 33% to 4,010 units in December

MG Motor sales increase 33% to 4,010 units in December The company sold 3,430 units of Hector, 458 units of Gloster and 122 units of ZS electric vehicles last month.

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Sony to launch PlayStation 5 in India in February

Sony to launch PlayStation 5 in India in February Preorders for PS5 will begin on Jan 12 and will be available for orders at major retailers, including Amazon and Flipkart, the tech firm said.

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Dollar stays near 18-month high as Mideast conflict, inflation data in focus

The dollar's steadiness reflects a cautious market responding to geopolitical stresses in the Middle East, which have dampened investor ...