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Saudi Aramco continues to explore its India investment plan

Saudi Aramco continues to explore its India investment plan

22-08-2020  comments

New Delhi (IANS) World's largest oil company Aramco remains committed on its investment plan in India, including a $15 billion deal with Reliance Industries, even though Covid-19 pandemic has made life difficult for oil companies with suppressed…

Report highlights e-commerce is big in India's hinterland

Report highlights e-commerce is big in India's hinterland

21-08-2020  comments

New Delhi (IANSlife) India's non-metropolitan regions are showing a considerable presence in the race for online retail, suggests a new report by e-commerce focused SaaS platform Unicommerce. It has pegged e-commerce demand share of consumers…

All licensees allowed to deliver medicines at home since March

All licensees allowed to deliver medicines at home since March

21-08-2020  comments

New Delhi (IANS) Amid the controversy over online delivery of medicines, it has emerged that the Union Health Ministry had given explicit approval for doorstep delivery of drugs through email since March.

This was done through a notification…

Spices exports rise to Rs 21,515.4 crores during 2019-20

Spices exports rise to Rs 21,515.4 crores during 2019-20

20-08-2020  comments

Kochi (IANS) The exports of Indian spices and spice products surged to Rs 21,515.4 crores (US $3033.44 million) with a volume of 11,83,000 tonnes in 2019-20.

The spices export during 2019-20 exceeded the fixed target both in terms of volume,…

Study on for 4,000 km of new freight corridors: Railways

Study on for 4,000 km of new freight corridors: Railways

20-08-2020  comments

New Delhi (IANS) The Indian Railways is carrying out a detailed study on the nearly 4,000 km-long new dedicated freight corridors connecting industrial areas in the eastern and western parts of the country to major ports in Odisha and Andhra Pradesh,…

Markets open on a positive note

Markets open on a positive note

19-08-2020  comments

Mumbai (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note.

The Sensex of the BSE opened at 38,727.89 points and touched a high of 38,788.51 points.

On Tuesday the Sensex closed at 38,528.32 points.

US stocks end mixed amid economic data

US stocks end mixed amid economic data

18-08-2020  comments

New York (IANS) Wall Street's major averages finished mixed as investors pored through a slew of economic data.

The Dow Jones Industrial Average on Monday sank 86.11 points, or 0.31 per cent, to 27,844.91. The S&P 500 rose 9.14 points,…

IIT Patna, Flipkart partner for joint research in AI and ML

IIT Patna, Flipkart partner for joint research in AI and ML

18-08-2020  comments

Bengaluru (IANS) E-commerce platform Flipkart on Tuesday announced a MoU with the Indian Institute of Technology (IIT) Patna to help create industry-focused applied research in the areas of artificial intelligence (AI), natural language processing…

Mukesh Ambani in talks to buy several retail ecommerce firms

Mukesh Ambani in talks to buy several retail ecommerce firms

18-08-2020  comments

New Delhi (IANS) Mukesh Ambani is looking to expand his retail footprint by acquiring several ecommerce players.

This is being seen as a precursor to the ongoing battle with Amazon for India's hot ecommerce retail market.

Mukesh…

Chinese central bank investment in ICICI Bank raises eyebrows

Chinese central bank investment in ICICI Bank raises eyebrows

18-08-2020  comments

New Delhi (IANS) After the disclosure of a holding in HDFC, the Chinese central bank Peoples Bank of China has now acquired an equity stake in ICICI Bank.

The government had in April notified new norms for FDI investments by neighbouring countries…

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