Auto sales see sharpest fall 19 yrs in July; 15,000 workers lose jobs
Automobile sales in India witnessed its sharpest decline in nearly 19 years in July, dropping 18.71 per cent, rendering almost 15,000 workers jobless over the past two-three months as the sector reels under a prolonged slump, auto industry body SIAM reported on Tuesday. As per data released by the Society...
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Inox Leisure, PVR shares fall on Jio's first-day-first-show plan
13 August 2019 | PTI -
Wipro launches three edge AI solutions powered by Intel
13 August 2019 | PTI -
Slowdown continues: Domestic passenger cars sales plunge 36% in July
13 August 2019 | IANS -
Rupee falls 38 paise; touches 71 level against US dollar
13 August 2019 | PTI -
Sensex drops over 200 pts; RIL soars 8 pc
13 August 2019 | PTI -
Will address India’s trade concern: China
13 August 2019 | PTI -
Aadhaar enabled transactions cross 200 mn milestone on NPCI platform during July
13 August 2019 | PTI
Business Corner
Remote Operating Station (ROS) Visakhapatnam noticed smoke emanating from a Merchant Ship (Offshore Supply Vessel-Coastal Jaguar) on Monday at 11:30 am which was operating 1.5 Nautical Milesoff Visakhapatnam harbour. Indian Coast Guard Ship Rani Rashmoni in coordination with Tug Sindhu and Port Utility Boat rescued 27 crew of Merchant Ship(OSV...
Jio Fibre targets 35 m customers in first year of ops
Jio, the telecom arm of Reliance Industries, is targeting 35 million subscribers within the first year of commercially operationalising its fibre-based broadband business from next month, a senior official said. A senior Jio official said the company will bundle in not just TV sets, but also desktops as part of the...
India has over 450 agri-tech startups; segment gets $248 mn funding in H1 2019: Nasscom
India currently hosts more than 450 startups in the agri-tech segment, and the sector has received more than $248 million funding in the first six months this year, IT industry body Nasscom said on Monday. In a report titled ‘Agritech in India — Emerging Trends in 2019’, Nasscom said that growing...
Gold, silver futures rise on firm global trends
Gold prices rose by Rs 229 to Rs 38,221 per 10 gram in futures trade on Monday driven by high demand at physical markets and firm global trends. On the Multi Commodity Exchange (MCX), the most-traded October contract of the metal rose by Rs 229, or 0.6 per cent, to Rs...
HC restrains portal from using ‘Vistara’ on products; says it poses security threat
An aviation studies portal has been restrained from offering counterfeit ‘Vistara’ branded products by the Delhi High Court, which said that it posed security risks at airports as it is a distinctive Tata-SIA airline trademark in the airline industry. The high court said that Pilot 18 Aviation Book Store, which operates...
US-China trade war leaves Europe as collateral damage
Like a sleek Mercedes crunched between two freight trucks, Europe’s economy is being knocked off course by the conflict between the US and China over trade. The bill for damages from the U.S-China collision could be painfully high, starting this week if new growth figures on Wednesday show that Europe’s economic...
Etihad says not feasible to reinvest in Jet
Gulf carrier Etihad, which holds 24 per cent stake in Jet Airways, on Monday said it has decided not to reinvest in the airline due to unresolved issues concerning liabilities. Jet Airways, which shuttered operations on April 17, is undergoing insolvency proceedings and at least three entities have put in initial...
