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Holiday hotels see rise in occupancy levels, but industry not cheering
via moneycontrol.comMany hotels renting rooms below standard rates cites as main reason. Hotels say leisure destinations, not metros, are the main revenue-earners now. In fact, hotels lobby body FHRAI says occupancies and room rates, pan-India, are still low. -
Silver futures drop over 1% to Rs 66,625 per kg on firm dollar; downside bias remains
via moneycontrol.comThe semi-precious metal has been trading higher than 100 and 200 day- moving averages but lower than 50, 20 and 5 day-moving averages on the daily chart for the May contract. The Relative Strength Index (RSI) is at 47.86 which indicates positive momentum in prices. -
Karnataka unveils new policy for engineering research development sector
via moneycontrol.comThe Engineering RD Policy 2021 has the potential to create around 50,000 new direct and indirect jobs and attract investment into Karnataka beyond Bengaluru in next five years. -
India#39;s exports dip 0.25% to $27.67 billion in February, trade deficit widens to $12.88 billion
via moneycontrol.comThe trade deficit widened to $12.88 billion in February as compared to $10.16 billion in the year-ago period, the commerce ministry said in a statement. -
Sanjiv Bajaj leads angel investment in Clairco, startup raises Rs 4.2 crore in funding
via moneycontrol.comThis fundraise will help them launch in the Middle East and expand globally in the near future, according to a statement by the company. -
Natural gas futures up nearly 1% at Rs 205.10 per mmBtu on positive global cues
via moneycontrol.comMCX March Natural Gas holds resistance near Rs 206-209 levels and supports near Rs 200-198 levels, said Iyer. -
SEBI to auction Arise Bhoomi Developers#39; properties on April 1
via moneycontrol.comThe move is a part of SEBI’s effort to recover investors’ money. -
Expect double-digit volume growth in next six months on low-base effect: HMSI
via moneycontrol.comDecember quarter of 2019-20 had witnessed low sales as the industry was transitioning from BS IV to BS VI emission norms while the fourth quarter was hit by the COVID-19-induced lockdown. -
Bajaj Auto launches new Platina 100 Electric Start at Rs 53,920
via moneycontrol.comThe bike comes with spring-in-spring suspension that provides more comfort on longer journeys, further strengthening the promise of comfort for both the rider and the pillion. -
Anime is booming. So why are animators living in poverty?
via moneycontrol.comThe low wages and abysmal working conditions — hospitalization from overwork can be a badge of honour in Japan — have confounded the usual laws of the business world -
Honda, Yamaha, others set up swappable batteries consortium for motorcycles, EVs
via moneycontrol.comThe aim of the consortium will be to define standardised technical specifications of swappable battery systems for vehicles belonging to the L-category -- mopeds, motorcycles, tricycles and quadricycles. -
SEBI proposes updates to rules for independent directors of companies
via moneycontrol.comSEBI’s proposal is open for public consultation till April 1 -
Soon, IIT students may be attending lectures by IT company CEOs
via moneycontrol.comThe Education Ministry has advised IITs to have a higher representation of industry executives at IITs to address the curricular disconnect with industry requirements. Students will benefit as they will know the exact skills in demand in these sectors/companies. However, the move is also likely to coincide with IIT staff getting laid off -
Flipkart expands grocery services to over 50 cities
via moneycontrol.comThis expansion will provide users of seven large cities and more than 40 neighbouring cities access to high-quality grocery products, offers, quick deliveries and the most seamless grocery shopping experience, a statement said on Tuesday. -
SBI mega e-auction for properties on March 5, here are all the details
via moneycontrol.comSBI mega e-auction: All kinds of properties like housing, residential, commercial, industrial, etc. are the properties offered by the SBI e-auction. SBI said in a tweet said "Bid for the best! Here’s your chance to buy cheaper ResidentialCommercial Properties, Land, PlantMachinery, Vehicles and many more. Attend SBI Mega E-Auction and place your best bid". -
SBI led webinar on Indian budget evokes favourable response in Israel
via moneycontrol.comSetting the tone of the interactive webinar, India#39;s Ambassador to Israel, Sanjeev Singla, said, "We have had a landmark budget that marks a directional change and leverages far-reaching reforms that the government is effecting to make our economy more resilient and competitive." -
Chinese hackers target Indian vaccine makers SII, Bharat Biotech, says security firm
via moneycontrol.comRivals China and India have both sold or gifted COVID-19 shots to many countries. India produces more than 60% of all vaccines sold in the world. -
Six-week sprint got Indian-made AstraZeneca vaccine approved in Canada
via moneycontrol.comLast week, when Health Canada approved AstraZeneca’s COVID-19 vaccine, it also cleared a version of the shot made by the Serum Institute of India (SII). SII filed the application with a Canadian partner, Verity Pharmaceuticals. -
Apna.co raises $12.5 million from Sequoia Capital India, Lightspeed India and others
via moneycontrol.comExisting investors Lightspeed India and Rocketship.vc also participated in the round, which brought the total fund raised by Apna.co to over $20 million in the last six months, a statement said. -
PM Narendra Modi says $82 billion being invested in ports
via moneycontrol.comSpeaking at the Maritime India Summit, he invited global investors to invest in Indian ports, shipyards and waterways. -
PM Modi says $82 billion being invested in ports, invites global firms to be part of India#39;s growth trajectory
via moneycontrol.comSpeaking at the Maritime India Summit, he invited global investors to invest in Indian ports, shipyards and waterways. -
Bharat Forge identifies two new ‘growth drivers’ for the next five years
via moneycontrol.comSenior executives of the company said the company plans to build components for electric vehicles and make lightweight, primary parts that go into making the shells of vehicles. To this end, Bharat Forge has even set up an engineering and solutions centre for lightweight parts in North America. -
How a 10-second video clip sold for $6.6 million
via moneycontrol.comThe video by digital artist Beeple, was authenticated by blockchain, which serves as a digital signature to certify who owns it and that it is the original work. -
Blackstone acquires Prestige#39;s office, retail assets for $1.5 billion: Report
via moneycontrol.comBlackstone will reportedly control 100 percent of the portfolio for Prestige Group#39;s completed and under construction projects decided for the acquisition. -
In Pics | From Narayana Murthy to Uday Kotak; here#39;s a list of people from India Inc who receive COVID-19 vaccine
via moneycontrol.comIndia#39;s COVID-19 vaccination drive was expanded on March 1 to include senior citizens, and those aged 45-59 who have co-mobordities. -
Cipla Gulf expands partnership with Alvotech for commercialisation of four drugs in Australia, New Zealand
via moneycontrol.comCipla Gulf FZ LCC is expanding its partnership with Alvotech for the marketing and distribution of four biosimilar medicines in Australia and New Zealand, the company said in a regulatory filing. -
Lamborghini#39;s SUV Urus crosses 100 units sales milestone in India
via moneycontrol.comThe model, which is priced from Rs 3.15 crore (ex-showroom) onwards, has been the mainstay of the company in India ever since it hit the roads, contributing over 50 per cent of sales. -
Cipla gets USFDA nod for migraine drug
via moneycontrol.comThe newly approved product is a generic therapeutic equivalent version of GlaxoSmithKline#39;s Imitrex Nasal Spray. -
5-year tax-saving fixed deposit: These banks offer up to 6.75%
via moneycontrol.comIn tax-saving FDs, one can save up to Rs 1,50,000 in a financial year. On various counts, tax-saving FDs differ from normal FDs. -
About 92% people who tried using Co-WIN portal faced difficulties: Survey
via moneycontrol.comIn a separate survey Local Circles said it also found that the Prime Minister Narendra Modi taking the jab, helped to reduce the vaccine hesitancy to 36 percent.