BUSINESS/ECONOMY

Cellular IoT module market hit hard by Covid, chip shortage

Hit hard by the pandemic, the global market for cellular Internet of Things (IoT) modules declined 8 per cent (on-year) to $3.1 billion...

Siemens India announces Covid-relief measures

Siemens India has announced a slew of relief measures amid the pandemic and enhanced its contribution of Rs 40 crore towards Covid-relief. In April...

Cornitos ventures into the economical pricing segment

Cornitos, a made-in-India snack brand, enters the economical price segment, with nachos, nuts, and seeds products. The economically priced products include Nachos Crisps, Coated...

Greaves Cotton’s non-auto business continues growth momentum

Diversified engineering company Greaves Cotton has seen exponential growth of its Non-Automotive business, with its presence in multiple applications across various sectors. The...

RBI to transfer Rs 99,122 crore as surplus to Centre

The Reserve Bank of India (RBI) will transfer Rs 99,122 crore as surplus to the Centre for nine months ended March 31, 2021. ...

SC upholds provisions of IBC on corporate debt recovery from personal guarantors

The Supreme Court on Friday upheld the Centres notification of November 15, 2019, which allowed financial institutions to proceed against individual corporate guarantors...

Coding firm WhiteHat Jr launching online music classes in India

After empowering millions of students in fundamentals of coding globally including in India, live online coding provider WhiteHat Jr. is all set...

Petrol price inches closer to century mark in Mumbai

The repeated rise in fuel prices in May is all set to take the retail price of petrol to historic high levels of...