American investors rethink China after crackdown led to losses of $400 bn

New Delhi (IANS) American investors are asking whether China Inc is still worth the risk following a widening series of regulatory crackdowns that have wiped some $400 billion off the value of US-listed Chinese companies, Wall Street Journal reported.

GST revenue collection for July at over Rs 1.16 lakh cr

New Delhi (IANS) The gross GST revenue collected in the month of July 2021 was Rs 1,16,393 crore.

Out of the total revenue collected CGST was Rs 22,197 crore, SGST was Rs 28,541 crore, IGST was Rs 57,864 crore -- including Rs 27,900 crore collected…

NTPC Q1 net profit rises 27.35% to over Rs 3,000 cr

New Delhi (IANS) The country's largest power generator NTPC Ltd. has reported 27.35 per cent increase in its net profit during the first quarter of current fiscal on the back of higher generation and improved demand for power.

The company…

Profit bookings, global cues subdue equity indices

Mumbai (IANS) Profit bookings as well as global concerns over the fast-paced spread of the Delta+ variant of Covid-19 subdued India's key equity indices on Friday.

Besides, regulatory actions in China offset the optimism around the quarterly…

Rates, results to dictate rupee's direction; strengthening expected

New Delhi (IANS) Expected status-quo in monetary policy as well as robust equity markets are expected to strengthen the rupee during the upcoming week.

Last week, the Indian rupee declined marginally after three consecutive weekly gains following…

Airbus Helicopters conduct electric chopper's demonstrator flight

New Delhi (IANS) Airbus Helicopters has conducted its full-scale demonstrator flight of its electric helicopter.

The chopper is fully electric with a distributed drive system.

It took off at 2,310 kg - the highest take-off weight of…

Alliance Air to operate Kolkata-Bhubaneswar flights via Ranchi

New Delhi (IANS) Air India's regional subsidiary Alliance Air will operate Kolkata-Bhubaneswar flights via Ranchi from August 11.

Accordingly, the airline has deployed a 70 seater aircraft to connect these cities.

"The flight will…

Tata Sons arm to acquire majority stake in Tejas Networks

Bengaluru (IANS) Panatone Finvest Limited, a subsidiary of Tata Sons Private Ltd plans to acquire controlling stake in telecom equipment maker Tejas Networks.

Panatone Finvest will buy a 43.3 per cent stake in Tejas Networks for Rs 1,850 crore…

Sensex loses 400 points, Nifty below 15,650

Mumbai (IANS) The Indian stock market traded in the red on Wednesday morning tracking weakness in global markets.

The BSE Sensex lost over 400 points, while the Nifty50 on the National Stock Exchange was trading below the 15,650-mark.

The…

If Tesla joins 'Make in India', govt will lower import duty, offers sops

New Delhi (IANS) Government may consider lowering import duty along with offering other sops to Tesla, but for that, the electric vehicle major would have to invest in setting up manufacturing facility in the country.

Tesla had urged the Centre…