‘With Jio, idea is to help shoppers find merchants, reduce friction in discovery’ Following Facebook’s ₹43,574-crore investment in Jio Platforms, the vice-president and MD of the India arm of the
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Stobart Group Announces Acquisition Of Stobart Air And Propius
Aviation and energy group Stobart Group Ltd (STOB.L) Monday said it has reached agreement to acquire Stobart Air and Propius for a consideration of up to 8.55 million pounds. The
Continue reading »Vodafone Group makes about ₹1,530 crore accelerated payment to Vodafone-Idea
The payment was due in September 2020 under the terms of the contingent liability mechanism with Vodafone Idea British telecom giant Vodafone PLC on Wednesday said it has advanced infusion
Continue reading »COVID-19 | Synthetic textile industry seeks special relief package
The industry has incurred huge losses and fund shortage due to the cancellation and deferred orders: Synthetic and Rayon Textile Export Promotion Council The Synthetic and Rayon Textile Export Promotion
Continue reading »Petrol sales shrink 17.6%, diesel 26% in March as lockdown wipes demand
The only fuel that showed growth was LPG as households rushed to book refills for stocking during the three-week lockdown period India’s petrol sales shrank by 17.6% and diesel demand
Continue reading »Coronavirus shutdown sends gas prices down but creates new pain at the pump
Best is yet to come with falling gas prices: Petroleum analyst Gasbuddy Head of Petroleum Analysis Patrick de Haan discusses the sharp decline in gas prices. The “stay-at-home” orders issued
Continue reading »Wipro, Azim Premji Foundation commit ₹1,125 crore to tackle COVID-19 crisis
Wipro family, comprising of Azim Premji Foundation, Wipro Ltd and Wipro Enterprises, has committed Rs 1,125 crore towards tackling the unprecedented health and humanitarian crisis arising from the COVID-19 pandemic outbreak. Of
Continue reading »Coronavirus | ONGC, IOC and other oil cos contribute over ₹1,031 cr to PM CARES Fund
ONGC was the top contributor with ₹300 crore, followed by IOC chipping in ₹225 crore Oil and Natural Gas Corp (ONGC), Indian Oil Corp (IOC) and other public sector oil
Continue reading »Xiaomi commits ₹15 cr to fight against COVID-19
The company has partnered with Give India. Chinese electronics major Xiaomi on Tuesday pledged ₹15 crore contribution towards India’s fight against COVID-19. Of this, Xiaomi will donate ₹10 crore to
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