Positive sentiment continues for manufacturing sector in Q4, capacity utilisation up at 80%: FICCI survey
Sentiment in the manufacturing sector remains positive as overall capacity utilisation rose to 80 per cent in the fourth quarter, a survey by FICCI said. According to FICCI’s ‘Quarterly Survey on Manufacturing’, the overall sentiment in the manufacturing sector remains positive as the proportion of respondents reporting higher output growth (around...
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NCLAT dismisses insolvency plea against SpiceJet
13 May 2019 | PTI -
RBI proposes mobile app to help visually impaired to identify currency notes
13 May 2019 | PTI -
Imminent crisis in NBFC sector: Corp Affairs Secy
13 May 2019 | PTI -
NCLAT dismisses insolvency plea against SpiceJet
12 May 2019 | PTI -
4-wheeler EV adoption to take time, to focus on two and three-wheelers: Ola
12 May 2019 | PTI -
FPIs press exit button, pull out Rs 3,207 cr in May so far
12 May 2019 | PTI -
As PMO wants quick disinvestment of its subsidiaries, AI asked to prepare FY19 financials
11 May 2019 | PTI
ITC Chairman Y C Deveshwar passes away
Noted industry leader and ITC Chairman YC Deveshwar, who transformed the cigarette major into a diversified player with interests in FMCG, hospitality, IT and other sectors, passed away Saturday morning after a brief illness. Deveshwar (72), who stepped down from executive role as chairman and CEO in 2017 but remained as...
Trump raises tariffs on $200bn of Chinese goods
A trade war between the world’s two largest economies escalated on Friday after the US more than doubled tariffs on $200 billion worth of Chinese products and Beijing vowed to retaliate. The Trump administration’s move comes as high-level officials from both sides are attempting to salvage a trade deal in Washington. The...
LetsTrack launches App, devices
Letstrack launched App and Devices in India for B2C and B2B consumption. A mix of artificial intelligence and IoT, Letstrack has solutions like LTSafe, LT Claim, LT Profit, LT School, LT attendance; LT Insurance. It provides analyzed, detailed and quality information served on our Smart-phones, Web Browsers and Emails informs...
US sanctions against Iran’s steel, mining sectors may impact Indian players there: TPCI
Fresh sanctions by the US against Iran’s steel and mining sectors are expected to impact Indian manufacturers in the Persian Gulf nation, TPCI said Friday. US President Donald Trump on Wednesday announced tougher-than-ever sanctions against Iran’s steel and mining sectors, hours after Tehran said it would suspend some curbs under a...
Rs snaps 4-day losing streak; inches up 2 paise to 69.92 vs USD
Snapping its four-session losing run, the rupee ticked higher by 2 paise to finish at 69.92 against the US dollar Friday. Forex traders said the domestic unit recovered in the later part of the day amid reports that the US is expected to remove India from its currency manipulation watch list. According...
SIDBI, Equifax launch Microfinance Pulse to track lending trends
Small Industries Development Bank of India (SIDBI) and Equifax, collaborated to launch a first-of-its-kind newsletter “Microfinance Pulse” to track the lending trends in the microfinance sector. The first edition of the newsletter reported that Non-Banking Financial Company – Microfinance Institutions (NBFC-MFIs) continue to maintain their market dominance with the market...
Tata Power-DDL releases over 10K electricity connections
With use of smart technologies like ‘Advanced Distribution Management System’ (ADMS), ‘Geographical Information System’ (GIS), ‘Field Force Automation’, and ‘Digitalization of Services’, Tata Power Delhi Distribution (Tata Power-DDL) has released over 10,000 electricity connections in this year within an average time of 48 hours. A senior Tata Power-DDL said that the...
