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Manufacturing Firms will become Digital ones in a Decade: Official
Mumbai, Nov 6: Calling for turning India into a hub for design, manufacture and innovation, a top official on Thursday projected that manufacturing companies would become digital ones in ten years time.
"Manufacturing companies will…
Targetting Solar Power Tariff of Rs.4 per unit: Goyal
New Delhi, Nov 6: The government aims further bring down solar power tariff to Rs.4 a unit, Power and Coal Minister Piyush Goyal said on Thursday.
In what emerged on Wednesday as an all-time low tariff for solar energy, US-based…
Tata Steel Q2 net Profit up by 22 Percent
Kolkata, Nov 6: Steel major Tata Steel on Thursday posted an increase of near 22 percent in its net profit at Rs.1,529 crore for the quarter ended September 30 this year although its turnover headed southwards by 18 percent.…
Business Division Sale boosts Novartis India Profit to Rs.103 crore
Chennai, Nov 6: Boosted by the sale of its over-the-counter division pharmaceutical player, Novartis India Ltd on Thursday said it closed the second quarter with a net profit of Rs.103.4 crore.
In a regulatory filing with BSE, the…
Online Hiring zooms in India: Report
Bengaluru, Nov 6: As a sign of economic revival and increasing use of technology, online recruitment across India zoomed 60 percent in October, with manufacturing hiring most, a leading placement agency said in a report on Thursday.
"Our…
Virtusa to buy majority stake in Polaris for Rs.1,173 crore
Chennai, Nov 6: US based Virtusa Corporation has decided to buy around 53 percent of shares of city based software services company Polaris Consulting and Services Ltd for Rs.1,173 crore, the Indian company said.
Virtusa will make an…
Oil Prices Drop Amid Ample Supplies
New York, Nov 6: Oil prices continued to fall on Thursday as the market expected global supplies exceeded demand.
The West Texas Intermediate for December delivery moved down $1.12 to settle at $45.2 a barrel on the New York Mercantile…
With ‘Uday’, India expects new dawn for distressed Power Sector
New Delhi, Nov 5: With the losses of electricity distribution companies in India touching a staggering Rs.3.8 trillion ($58 billion), the cabinet on Thursday approved a major restructuring and revival package for the sector, with both…
Ford India’s Chennai Plant rolls out One Millionth Car
Chennai, Nov 5: American automobile maker Ford Motor Company's first Indian plant near here has rolled out its one millionth vehicle, the company's Indian subsidiary said on Thursday.
In a statement issued here, Ford India said its…
Indian Consumers want Retailers to embrace new-age Technology
New Delhi, Nov 5: With technology becoming an integral part of our lives, the Indian consumers want retailers to invest in new-age technology to deliver a converged commerce experience that connects physical stores with the digital world,…