The Hindu Business

Cargo handling at 12 major ports in country falls 4.59% to 673 MT in FY21
The Hindu Business

Cargo handling at 12 major ports in country falls 4.59% to 673 MT in FY21

Industry: These ports had handled 705 MT, 699 MT and 679 MT cargo in 2019-20, 2018-19 and 2017-18, respectively.
M&M to invest ₹ 3,000 crore on electric vehicle business in next 3 years
The Hindu Business

M&M to invest ₹ 3,000 crore on electric vehicle business in next 3 years

Industry: While it has already opened its electric technologies plant in Bengaluru that produces battery packs, power electronics and motors, it has also invested in a new manufacturing unit at its chakan plant to produce EVs.
Cairn offers to forego $500 million if India agrees to pay principal due
The Hindu Business

Cairn offers to forego $500 million if India agrees to pay principal due

Business: Both sides are eager to resolve the issue quickly without resorting to any harsh measures, sources said.
eSports awaits governing framework to unleash full potential
The Hindu Business

eSports awaits governing framework to unleash full potential

Other Sports: The electronic sports (e-sports) segment needs a governing framework for harnessing its full potential, say industry officials.The demand comes in the
Maharashtra skips curbs on jewellery units
The Hindu Business

Maharashtra skips curbs on jewellery units

Business: The Maharashtra government has allowed gems and jewellery export units to resume operations with restrictions on the number of people working in the p
Shriram Properties files draft prospectus for ₹800-cr. IPO
The Hindu Business

Shriram Properties files draft prospectus for ₹800-cr. IPO

Business: Company says issue proceeds to be utilised for paring debt
Balrampur Chini board okays higher investment of ₹425 crore for new distillery plant
The Hindu Business

Balrampur Chini board okays higher investment of ₹425 crore for new distillery plant

Industry: Sugar firm Balrampur Chini Mills on Saturday said its board has approved a higher investment of ₹425 crore for a new distillery plant of 320 kilolitr
CG Power case: SAT asks Sebi to pass final order in 6 months
The Hindu Business

CG Power case: SAT asks Sebi to pass final order in 6 months

Business: The Securities Appellate Tribunal (SAT) has asked markets regulator Sebi to pass final order in six months in a case related to CG Power and Industr
India needs to grow faster to make up for contraction during COVID-19 pandemic: IMF
The Hindu Business

India needs to grow faster to make up for contraction during COVID-19 pandemic: IMF

Economy: The IMF Deputy Chief Economist, Petya Koeva Brooks also made a strong case for an additional economic stimulus to address the impact of the pandemic on the country’s economy.
China regulators fine Alibaba $2.75 bn for anti-monopoly violations
The Hindu Business

China regulators fine Alibaba $2.75 bn for anti-monopoly violations

Industry: The billionaire founder Jack Ma's business empire has been particularly put under intense scrutiny after his stinging criticism of China's regulatory system in late October.
Coronavirus | Transporters, MSMEs wary of a lockdown
The Hindu Business

Coronavirus | Transporters, MSMEs wary of a lockdown

Economy: Ferrying essentials may be hit as drivers head for hometowns; fresh orders on hold
Net direct tax receipts rise 5%
The Hindu Business

Net direct tax receipts rise 5%

Economy: FY21 collections exceed estimates at ₹9.45 lakh cr.; ‘fiscal deficit may be lower’
Transporters, MSMEs wary of a lockdown
The Hindu Business

Transporters, MSMEs wary of a lockdown

Business: Ferrying essentials may be hit as drivers head for hometowns; fresh orders on hold
Net direct tax receipts rise 5%
The Hindu Business

Net direct tax receipts rise 5%

Business: FY21 collections exceed estimates at ₹9.45 lakh cr.; ‘fiscal deficit may be lower’
L&T arm to set up 1.5 GW solar unit in Saudi Arabia
The Hindu Business

L&T arm to set up 1.5 GW solar unit in Saudi Arabia

Industry: ‘Order value between ₹5,000 crore-₹7,000 crore’
Manipal to sell Malaysian unit to Ramsay Sime Darby
The Hindu Business

Manipal to sell Malaysian unit to Ramsay Sime Darby

Industry: 220-bed hospital offers more than 30 speciality services
Ransomware attacks: Ansal fears data loss
The Hindu Business

Ransomware attacks: Ansal fears data loss

Industry: Realty firm Ansal Housing on Friday said that the company had faced multiple ransomware attacks on its IT system since February 26, which may have re
CMA CGM unveils low carbon offer
The Hindu Business

CMA CGM unveils low carbon offer

Business: Transport and logistics major CMA CGM Group said it is supporting the production of 12,000 tonnes of biomethane (equivalent to a year’s fuel consumpti
Vodafone Idea gets notice for licence fee due
The Hindu Business

Vodafone Idea gets notice for licence fee due

Industry: The telecom department has issued a show-cause notice to Vodafone Idea Ltd. (VIL) over non-payment of licence fee for the fourth quarter of FY2020-21
Fitch Solutions sees RBI holding rates through FY22
The Hindu Business

Fitch Solutions sees RBI holding rates through FY22

Economy: Firm revises fiscal year inflation forecast to 5%, from 4.6%