Ride-sharing company Ola has entered into an agreement with the Tamil Nadu government and will be investing Rs 2,400 crore for setting up its first electric scooter factory in the state.
The Income Tax Department has detected tax evasion of more than Rs 700 crore after it recently raided multiple locations of Chennai-based Chettinad Group, the CBDT and official sources said on Tuesday.
Mahindra & Mahindra (M&M) on Tuesday said it will hike prices of its entire range of passenger and commercial vehicles from next month in order to partially offset the impact of rise in input costs.
A faster recovery keeps more of the economy's supply side intact and can set India up for more prolonged above-average growth during the recovery phase, S&P Global Ratings said in a statement.
Union Road Transport and Highways and MSME Minister Nitin Gadkari said on Tuesday that the government is trying to create five crore jobs in the next five years. He said that the turnover of rural industries is Rs 80,000 crore, which is targeted to be Rs 5 lakh crore in the next five years. For this, work is going on in a planned way in agriculture and rural areas.
The Department of Post (India Post) and the India Post Payments Bank (IPPB) on Tuesday launched a new digital payment app ‘DakPay’ for its customers to operate their banking service online.
Gold prices rose Rs 514 to Rs 48,847 per 10 gram in the national capital on Tuesday on a strong global trend and rupee depreciation, according to HDFC Securities.
Richest Indian Mukesh Ambani on Tuesday said India will grow to be among the top three economies in the world in the next two decades and per capita income would more than double.
Zuckerberg made the remark during a conversation with Mukesh Ambani, Chairman and Managing Director, Reliance Industries at the first Facebook Fuel for India 2020 event.
The current agitation by farmers has led to supply chain disruptions, which will impact the economy in the coming days and may impinge upon the ongoing recovery from the economic contraction due to COVID-19, industry body CII said.
Burger King India's stock got listed on Indian bourses on Monday and on the debut day itself it opened on a premium of over 87 per cent over the IPO price at Rs 112.50.
The initial public offer of Mrs Bectors Food Specialities was subscribed 1.57 times within the first few hours of opening of bidding on Tuesday. This is the second initial public offer this month to have received over subscription in the first few hours itself after Burger King India.
According the ASSOCHAM rough estimates, a daily loss of Rs.3,000 crores to 3,500 crores is resulting in economies of the region from the value chain and transport disruption because of protests.
Reliance Jio has approached the telecom regulator, saying that its rivals Bharti Airtel and Vodafone India have resorted to "unethical" means and have spread "false" rumours that the Mukesh Ambani-led company will benefit from the recent farm bills.
The price of Liquefied Petroleum Gas (LPG) gas cylinders hiked again. The price of a 14.2 kg LPG cylinder for domestic use increased by Rs 50. Similarly, the price of 5 kg short-cylinder has been increased by Rs 18 and the price of a 19 kg cylinder has been increased by Rs 36.50. In the last 15 days, price of cylinders were hiked twice by Rs 100.
Google has allowed its employees to work from home till September 2021. Google is in the process of laying out a series of changes that will affect how its staff and people at other tech companies will work after the pandemic.
In a remarkable market debut, shares of Burger King India on Monday zoomed nearly 131 per cent against its issue price of Rs 60. The stock opened at Rs 115.35, a huge premium of 92.25 per cent against the issue price on the BSE.
A group of 219 employees of Air India along with a private financial institution have submitted an expression of interest (EOI) for the national carrier.
The wholesale price-based inflation rose to a 9-month high of 1.55 per cent in November on costlier manufactured items, even as food prices cooled. The WPI inflation was 1.48 per cent in October 2020 and 0.58 per cent in November last year.
Gold prices fell Rs 460 to Rs 48,371 per 10 gram in the national capital on Monday on a weak global trend, according to HDFC Securities.
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