Business

UNION BUDGET: NIRMALA SITHARAMAN REACHES MINISTRY OF FINANCE

New Delhi: Union Finance Minister Nirmala Sitharaman on Monday morning reached the Ministry of Finance in the North Block, ahead of presenting the Union Budget 2021-22 in the Parliament. MoS Finance and Corporate Affairs Anurag Thakur has also arrived at…

General Motors sets 2040 target date to achieve Global Carbon Neutrality

MICHIGAN: US and global auto giant General Motors (GM) announced plans to achieve net-zero carbon emissions by 2040, primarily by expanding the production of battery-powered electric vehicles. “General Motors is committed to reaching carbon neutrality in its global products and…

Jio rings in as fifth strongest brand globally

Mumbai (Maharashtra): Telecom giant Jio has emerged as the world’s fifth strongest brand with a brand strength index (BSI) score of 91.7 out of 100 and AAA-plus rating. Jio said the dominance of its brand is evident from the results…

Airtel announces 5G ready network in Hyderabad

New Delhi: Bharti Airtel said on Thursday it has become the country’s first telecom operator to successfully demonstrate and orchestrate live fifth-generation (5G) service over a commercial network in Hyderabad city. Airtel did this over its existing liberalised spectrum in…

Tiktok to shut down India business

New Delhi:¬†Chinese social media firm Bytedance, which owns Tiktok and Helo apps, has announced the closure of its India business following continued restrictions on its services in the country. Tiktok’s global interim head Vanessa Pappas and vice president for global…

Indian startups attract $10.14 bn in funding in 2020: Report

New Delhi:¬†Indian startups are estimated to have received USD 10.14 billion in funding across more than 1,200 deals in 2020 despite the COVID crisis, a report by consulting firm HexGn said. Even though the total investment received in 2020 is…

Hero MotoCorp crosses 10 Crore milestone in cumulative production

New Delhi: Hero MotoCorp, the country’s largest two-wheeler maker, on Thursday said it has crossed the 100 million (10 crores) cumulative production milestone since its inception in 1984, and announced to introduce over 10 products annually in the next five…

BMW to bring 25 new products in India this year

New Delhi: German luxury automotive group BMW plans to bring 25 new products in India this year as it looks to accelerate sales growth, leaving behind the worst of the coronavirus pandemic. The company, which on Thursday launched its BMW…

EPFO Adds 10.11 Lakh Net Subscribers In November 2020 Payroll Data

New Delhi: The provisional payroll of EPFO released yesterday revealed that it has added around 10.11 lakh net subscribers in November last year. Despite the Covid-19 pandemic, EPFO has added around 45.29 lakh net subscribers base in the current financial…

India within striking distance of attaining positive growth:RBI

Mumbai: India’s GDP is within the striking distance of attaining positive growth, the Reserve Bank said observing that the letter “V” in the V-shaped recovery stands for the vaccine. The Indian government launched the world”s biggest vaccination drive on January…

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