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Tesla overcame a seven-week pandemic-related shutdown at its California assembly plant to post a surprising $104 million net profit for the second quarter. (AFP Photo)

Indian auto part makers want Tesla's entry to benefit local companies

Tesla Inc Chief Exec Elon Musk said in July that the company was likely to set up a factory in India if successful with...

3 Aug 2021 7:26 PM IST

HDFC Banks valuation zoomed Rs 61,612.11 crore to reach Rs 5,21,660.14 crore. (PTI Photo)

HDFC Q1 profit falls 1.7% to Rs 3000 cr

The company said the profit numbers for the quarter are not directly comparable with those of the previous year

3 Aug 2021 8:52 AM IST

The Nikkei India Manufacturing Purchasing Managers Index (PMI) fell to 50.3 in October, from 51.2 in September, indicating a broad stagnation in the manufacturing sector.

Manufacturing PMI jumps to 55.3 in July

According to monthly IHS Markit India Manufacturing Purchasing Managers' Index survey, the index moved above the...

3 Aug 2021 8:51 AM IST

Monin had signed an MoU with the Department of Industries & Commerce, Government Of Telangana in 2018 and announced an initial investment of Rs 100 crore to set up a plant in India. youtube.com

Georges Monin To invest Rs 200 Cr in Telangana

Despite the setback due to the Coronavirus pandemic, the French company has now doubled its investment for the plant

3 Aug 2021 8:36 AM IST

HSBCs forex strategists see the rupee weakening versus the USD to 68.0 by end-2016 and 69.5 by end-2017.

Forex reserves up by $135 bn in pandemic

As on July 16, 2021, foreign exchange reserves stood at $612.7 bn against $477.8 billion at the end of March 2020, up by...

3 Aug 2021 8:34 AM IST

To begin with e-Rupi facility will be available for health services and would later be expanded to other segments. PTI

Prime Minister launches e-RUPI

e-Rupi voucher will be delivered in the form of a QR code or SMS string-based e-voucher to the beneficiary's mobile...

3 Aug 2021 8:31 AM IST

GST collections in July fall 14% due to COVID lockdown. (Photo-ANI)

GST collections cross Rs 1-L cr mark in July

The GST collections in July 2021 are primarily for supplies and sales made in June

2 Aug 2021 1:14 PM IST

Maruti Suzuki India records 86% slump in May sales. (PTI Photo)

Carmakers report healthy July sales

Top automakers clocked high double-digit car sales growth on the back of continued demand recovery and stability in...

2 Aug 2021 12:27 PM IST

Reserve Bank of India on Thursday released a national strategy for financial education to be implemented in the next five years. (PTI Photo)

RBI to leave rates untouched again

MPC may shrug off inflation build-up

2 Aug 2021 12:19 PM IST

Fake posts that appear to be real are of particular concern ahead of the US presidential election in November, especially after false social media posts exploded in number during the 2016 vote that brought Donald Trump to power. Microsoft said it has partnered with the AI Foundation in San Francisco to make the video authentication tool available to political campaigns, news outlets and others involved in the democratic process. (Photo | AFP)

Microsoft in talks to buy stake in OYO: Sources

OYO's survival through the COVID crisis and resurgence shows that it is a company with strong fundamentals and high...

30 July 2021 7:12 PM IST

Tatva Chintan, a specialty chemicals manufacturing company which raised Rs 500 crore through the initial public offering closed 113.32 per cent up at market close more than doubling investors money. Representational Image. (PTI)

Tatva Chintan more than doubles on mkt debut

The chemicals manufacturing company which raised Rs 500 crore through the initial public offering closed 113.32 per cent...

30 July 2021 3:14 AM IST

The approval for the product, which will allow substitution of Semglee for the reference product, Lantus, at the pharmacy counter, will be introduced before the end of the year, the two companies said in a statement. Representational Image. (Twitter)

Biocon Biologics, Viatris get FDA nod for biosimilar insulin

The company is eligible to have exclusivity for 12 months before the FDA can approve another biosimilar interchangeable...

30 July 2021 2:54 AM IST