Leading Brexiteers call for ‘special relationship’ with India, warn against trade ties with ‘malignant’ China

Leading Brexiteers call for ‘special relationship’ with India, warn against trade ties with ‘malignant’ China In a report, the pro-Brexit think tank urged the British government to diversify Britain’s trade away from a stagnating Eurozone and a Chinese economy controlled by an increasingly belligerent government and instead forge a ‘special relationship’ with India.

Bajaj Auto reports 31% drop in June sales

Bajaj Auto reports 31% drop in June sales Domestic sales declined by 34 percent at 1,51,189 units last month as compared to 2,29,225 units in June 2019, Bajaj Auto said in a regulatory filing.

SBI#39;s new ATM withdrawal rules: Check out all the details

SBI#39;s new ATM withdrawal rules: Check out all the details In the last three months, SBI waived service charges for all ATM transactions made on SBI ATMs, as well as other bank ATMs, on exceeding free number of transactions.

Ford, Mahindra to expand tie-up to muster up a rival to Hyundai#39;s Creta

Ford, Mahindra to expand tie-up to muster up a rival to Hyundai#39;s Creta Mahindra will look to plug a gap in its portfolio with this model built on Ford platform.

RBI pushes banks to upgrade ATM security norms: Report

RBI pushes banks to upgrade ATM security norms: Report The central bank, which expected the upgrades to be done in a phased manner, is asking banks for updates on the progress.

UPI transactions touch Rs 2.62 lakh crore in June

UPI transactions touch Rs 2.62 lakh crore in June The number of transactions was recorded at 999 million worth Rs 1.51 lakh crore in April, the first full month after the announcement of the lockdown that halted almost all services, except essentials.

CBI case against GVK Group chairman, son for siphoning off Rs 705 crore from Mumbai airport

CBI case against GVK Group chairman, son for siphoning off Rs 705 crore from Mumbai airport The CBI has registered a case against GVK Group chairman GVK Reddy and his son GV Sanjay Reddy.

CBI registers case against GVK Group Chairman GVK Reddy

CBI registers case against GVK Group Chairman GVK Reddy The CBI has registered a case against GVK Group chairman GVK Reddy and his son GV Sanjay Reddy.

Reliance Jio requested to augment data connectivity at 10,000-bed COVID care centre

Reliance Jio requested to augment data connectivity at 10,000-bed COVID care centre The centre is being set up by the Delhi government for treating mild and asymptomatic coronavirus patients.

Meeting with Tata Steel management inconclusive; strike at Dutch plant to continue: Labour union

Meeting with Tata Steel management inconclusive; strike at Dutch plant to continue: Labour union The Dutch operations of the India-headquartered Tata Steel have been facing continuous protests and demonstrations for about three week.

Should investors be concerned about the feud among Hinduja Brothers?

Should investors be concerned about the feud among Hinduja Brothers? The feud between the four brothers stems from a letter they signed in 2014 which penned the long-followed family ideology - Everything belongs to everyone and nothing belongs to anyone

Suzlon completes debt restructuring process

Suzlon completes debt restructuring process The company said the term debt is reduced substantially with interest of 9 percent per annum repayable over 10 years starting July 1, 2020.

Aakash Educational Services sets up subsidiary for digital business

Aakash Educational Services sets up subsidiary for digital business In October 2019, private equity firm Blackstone had bought stake in AESL to build an omni-channel education company.

Majority of hotel operators expect up to 2 years for revenue recovery: JLL

Majority of hotel operators expect up to 2 years for revenue recovery: JLL The COVID-19 pandemic has brought the world to a standstill, with the hospitality, travel and tourism sector being the most affected due to travel restrictions across the world and within India, it noted.

SAIL rolls out R 260 grade rails for Indian Railways from Bhilai steel plant

SAIL rolls out R 260 grade rails for Indian Railways from Bhilai steel plant The first consignment of R 260 has also been sent out through rake on June 30 from the company#39;s Bhilai steel plant (BSP) in Chhattisgarh, Steel Authority of India Ltd (SAIL) said in a statement.

Toyota Kirloskar domestic sales drops 63% in June to 3,866 units

Toyota Kirloskar domestic sales drops 63% in June to 3,866 units The company did not export units last month while it had dispatched 804 Etios units in in June 2019.

Maruti Suzuki reports 54% dip in June sales at 57,428 units

Maruti Suzuki reports 54% dip in June sales at 57,428 units Domestic sales declined by 53.7 percent to 53,139 units last month, as against 1,14,861 units in June 2019, it added.

Fujifilm to partner with Dr Reddy#39;s to sell Avigan overseas as COVID-19 treatment

Fujifilm to partner with Dr Reddy#39;s to sell Avigan overseas as COVID-19 treatment The agreement provides for Fujifilm Toyama Chemical, a unit of the Japanese company to grant Dr. Reddy#39;s and Dubai-based Global Response Aid the right to develop, make and sell Avigan overseas and get a lump-sum license fee and royalties on sales.

Coronavirus impact: Kota coaching centres feel the pinch as students stay home

Coronavirus impact: Kota coaching centres feel the pinch as students stay home Kota-based test preparation institutes are facing empty classrooms as students are reluctant to return to physical classes amidst COVID-19 concerns.

NTPC Kameng project#39;s 2nd 150 MW unit commercially operational

NTPC Kameng project#39;s 2nd 150 MW unit commercially operational The remaining third unit of 150 MW of this plant is expected to be commercially operational within this fiscal year. Total capacity of the plant is 450 MW (150MWX3).