Sat, Apr 17, 2021

  • India can become a key player in the global supply chain in the post-COVID era but it has to carefully “think through” what its place would be and take control of its destiny in terms of critical...
    India can emerge as key player in global supply chain: Nooyi
    Interacting with Niti Aayog CEO Amitabh Kant in an event organised by e-commerce major Amazon, Nooyi also stressed on the need to revamp the education system in India stating that all of the country’s 1.3 billion people deserve the opportunity to have access to outstanding education and then participate in any way in its economic growth. “Anytime when there is a major disruptive action, like the pandemic, it gives countries, companies an opportunity to stop and think about how to reset for the future....now coming out of COVID-19, India has to really rethink what its place is going to be in the global supply chain,” she said. Elaborating her point, Nooyi said India has to identify what kind of manufacturing is it going to control, what kind of critical supplies is it going to manufacture for itself in the country. “One of the things that...
  • ALL delivers light bullet proof vehicles to IAF ALL delivers light bullet proof vehicles to IAF

    Hinduja flagship firm Ashok Leyland (ALL) on Friday said it has delivered the first lot of light bulletproof vehicles to the Indian Air Force in collaboration with Lockheed Martin.

  • Quess Corp to pay Rs 208 cr to Tata Sons for full control of Conneqt Quess Corp to pay Rs 208 cr to Tata Sons for full control of Conneqt

    Business services provider Quess Corp on Friday said it will acquire the remaining 30 per cent equity stake in Conneqt Business Solutions Ltd from Tata Sons for Rs 208 crore.

  • SoftBank in talks to invest around USD 450 mn in Swiggy SoftBank in talks to invest around USD 450 mn in Swiggy

    SoftBank is in advanced stages of talks on investing around $450 million (around Rs 3,348 crore) in food ordering and delivery platform Swiggy.

  • India's forex reserves up by over 4 billion dollar India's forex reserves up by over 4 billion dollar

    India's foreign exchange reserves rose by $4.344 billion during the week ended April 9.

  • Healthy Monsoon forecast, global cues pushes equities higher Healthy Monsoon forecast, global cues pushes equities higher

    Forecast of a healthy monsoon season cheered India's key benchmark equity indices which trade in the green during Friday's late afternoon session.

  • SBI puts up for sale NPA account MSP Metallics SBI puts up for sale NPA account MSP Metallics

    SBI has put up for sale non-performing asset (NPA) account MSP Metallics Ltd against which a total of 10 banks have collective loan outstanding of over Rs 1,493 crore.

  • BHEL to procure goods worth Rs 3k crore from small biz annually: Official BHEL to procure goods worth Rs 3k crore from small biz annually: Official

    State-owned Bharat Heavy Electricals Ltd (BHEL) will procure Rs 3,000 crore of products from small businesses annually as part of the government's efforts to encourage them, a senior official said on...

  • Sebi issues guidelines for warehousing norms for agri, non-agri goods Sebi issues guidelines for warehousing norms for agri, non-agri goods

    Markets regulator Sebi on Friday came out with guidelines for preparing warehousing norms by clearning corporations for agricultural, agri-processed, base and industrial metals goods.

  • IndiGo waives off change fees on domestic bookings IndiGo waives off change fees on domestic bookings

    Airline major IndiGo waived-off change fees on new bookings made from April 17, 2021 till April 30, 2021.