Zomato to connect restaurant owners to investors for fund raise
Online food delivery company Zomato on 30 November said it would help restaurant owners collect capital to expand business in India by connecting them with the right set of investors.…
Air India Pilot unions threaten industrial action from December 1
The Indian commercial pilot association (ICPA) and Indian Guild pilots have threatened “industrial action” from December 1 if “55 percent illegal salary deduction” and “many old disinvestment problems” were not…
Commerce Ministry recommends continuation of anti-dumping duty on Chinese tiles
The Ministry of Commerce has recommended the continuation of anti-dumping tasks on Chinese tiles, used to cover the floors and walls in buildings, for five more years with a view…
Europe’s COVID-19 surge and Omicron disrupts global recovery
Although the new Covid-19 case was reported in almost every country in the world, Europe once again became a center of pandemic. With more than 400,000 new cases every day,…
Ashok Leyland MD and CEO Vipin Sondhi resigns citing personal reasons
Ashok Leyland on November 26 announced that MD and CEO Vipin Sondhi had declared his intention to resign from an effective post December 31. Sondhi has resigned for personal reasons,…
Here’s why rubber prices are heading to the Rs 200/kg mark
The price of Indian rubber, now at an eight-year height, inches towards the 200 per kg Rs. The surge was driven by severe shortages, which had been exacerbated by unprecedented…
Indian Oil pays Rs 2,424 crore as dividend tranche to government
Indian Oil Corporation has paid Rs 2,424 Crore as a dividend stage to the government, Tuhin Kanta Pandey, Secretary in the Investment Department and Management of Public Assets (Depam), said…
Remembering FC Kohli, TCS’ first CEO and India’s IT pioneer
November 26 marks the first anniversary of India TI Titan FC Kohli, the first CEO of Tata Consultation Services (TCS). He pioneered the growth and construction of $ 100 billion…
Kia Niro debuts as hybrid, plug-in hybrid and fully electric SUV with bold looks
Kia has taken the cover of the new generation of Niro SUV in the Mobility of Seoul. SUV comes with a new ‘united’ design philosophy with a bolder look than…
Siemens plunges nearly 8% post Q4 earnings. Here’s what brokerages are saying
Siemens’s stock price fell almost 8 percent to Rs 2,099.40 intraday after the company reported the fourth quarter income for FY21. Siemens’ Q4 (July-September) net profit fell 7.2% at Rs…