Vehicle scrappage policy to boost metal recycling business: Report

New Delhi (IANS) The recently announced vehicle scrappage policy is likely to give a major boost to the metal recycling business, said Grant Thornton Bharat.

Accordingly, in a report, Grant Thornton Bharat said that the policy is likely to…

Exports to US getting costlier owing to clogged ports, higher freight: TPCI

New Delhi (IANS) Exports to US getting costlier owing to clogging at ports along with increased container freight rates, the Trade Promotion Council of India (TPCI) said.

According to the Council, new records have been hit in container freight…

Digital transactions grow 80% in last 250 days: Report

Bengaluru (IANS) Digital transactions have grown by 80 per cent in the last 250 days in India and the home services industry (such as carpentry, plumbing and more) has started to embrace digital payments, making transactions grow by a mighty 138 per…

IPO rush to continue this week, 4 cos aim to raise Rs 14K cr

Mumbai (IANS) The IPO boom in the Indian stock market is set to continue this week with a total of four companies floating shares with an aim to raise to Rs 14,628 crore.

The offers of CarTrade and Nuvoco Vistas opened on Monday and will close…

DGCA seeks India-UK airfare details from airlines

New Delhi (IANS) Civil aviation regulator DGCA has sought details of airlines' fares for the India-UK route.

The development comes amid a uproar among the air travellers over high airfares as India-UK flights restart on Sunday after a pause…

Byju's to acquire e-learning platform Vedantu for $600-$700 mn

New Delhi (IANS) Continuing its buying spree in 2021, leading online learning platform Byju's is in advanced talks to acquire live online learning platform Vedantu for around $600-$700 million, reliable sources told IANS on Friday.

This…

Growth Chasing: RBI retains rates, accommodative stance

Mumbai (IANS) To continue with its growth supporting stance, the Reserve Bank of India retained its key short-term lending rates during the third monetary policy review of FY22.

Besides, the growth-oriented accommodative stance was retained…

RBI raises retail inflation estimate for FY22 to 5.7%

New Delhi (IANS) The Reserve Bank of India (RBI) has raised the retail inflation projection for the ongoing financial year to 5.7 per cent from the previous estimate of 5.1 per cent.

In a virtual address post the monetary policy meet, RBI Governor…

TASL to manufacture Boeing 737 fan cowls in Hyderabad

Hyderabad (IANS) Tata Advanced Systems Ltd (TASL) on Friday announced that has been awarded a contract for manufacturing and supply of the fan cowl for Boeing 737, of the legendary single aisle aircraft family, at its state of the art facility in…

'We are compliant to Indian laws', says Flipkart on ED notice

New Delhi (IANS) As the Enforcement Directorate has served a notice to e-commerce major Flipkart over alleged violation of foreign exchange norms, the company has said that it has been compliant to the Indian laws and will cooperate with the authorities…