ENS Economic Bureau

Aluminium producers demand least 25-30 coal rakes per day to ensure viable industry operations

The association said the coal stocks are left for only three to four days and production disruptions are looming across the Indian aluminium sector.

02 Feb 2022

Budget announces battery swapping policy but misses out on EV sector's biggest demand

For the past few weeks, EV players have been unanimously saying that the government could look at putting EVs in the priority lending sector to help citizens afford them at lower interest rates

01 Feb 2022

Royal Enfield to recall over 26,000 units of Classic 350 motorcycles to fix faulty brakes

Royal Enfield on Monday said it is recalling 26,300 units of its Classic 350 motorcycles to rectify issue with a brake part.

20 Dec 2021

Sensex, Nifty falls over 2 per cent

Spread of Omicron variant of Coronavirus weighed heavily on investors' sentiment. 

20 Dec 2021

Government puts on sale MTNL, BSNL assets at base price of Rs 970 crore

BSNL properties located in Hyderabad, Chandigarh, Bhavnagar and Kolkata have been posted for sale at a reserve price of around Rs 660 crore.

21 Nov 2021

Reliance, Saudi Aramco to re-evaluate $15-bn investment proposal in O2C

Aramco's proposed investment was only limited to oil refining and petrochemicals business but Reliance now has a burgeoning green energy business as well which requires a reset.

21 Nov 2021

Vi loss widens as revenue falls, finance costs go up

In Q1FY22, VIL’s consolidated net loss stood at Rs 7,319.1 crore against Rs 7,228.2 crore in Q4FY21.

15 Aug 2021

Jaguar Land Rover to write down £1.5 billion as part of restructuring

This is not the first time that JLR has taken a large write-off.

28 Feb 2021

Jaguar Land Rover launches Defender in India at Rs 73.98 lakh

Offered with a 2.0 litre Turbocharged four-cylinder petrol engine, the SUV is available in two distinct body styles.

15 Oct 2020

Jubilant FoodWorks posts net loss of Rs 74.5 crore in Q1

Revenue from operations fell 59 per cent year-on-year for the quarter to ₹388.4 crore as against Rs 949.11 crore in the corresponding quarter last fiscal.

02 Sep 2020

Restriction in TV imports to boost local production, unlikely to impact prices

The curbs are unlikely to impact prices but it is expected to benefit local contract manufacturers, attract investments in component production and better assembly lines, say industry executives.

31 Jul 2020

BP stake sale, Jio performance boost Reliance Q1 profits by over 30%

RIL had, during the quarter, received a one-time game of Rs 4,966 crore from the sale of a 49 per cent stake in its fuel retailing venture to BP Plc.

30 Jul 2020

Shakedeal aims to grow at 300 per cent this fiscal

In the lockdown months, PPE as a category was contributing 60-70% to sales; however, that figure has now rationalised to around 30%., Shakedeal MD Akshay said.

20 Jul 2020

Govt extends deadline for Air India bidding to Aug 31

The government has extended the earlier June 30 deadline to bid for Air India since the Covid-19 pandemic and its fallout has disrupted economic activities.

28 Jun 2020

Realme launches X3 series smartphones

Launch of the new products by realme comes amid growing voices to boycott the use of Chinese brand products in India post the deadly clash between Indian and Chinese forces in Ladakh.

25 Jun 2020

Taj Hotels launches online food delivery platform 'Qmin'

Not only this, the company has plans to launch Qmin mobile application on July 25th, followed by the gourmet Qmin Shop in August and the loyalty platform in September.

25 Jun 2020

Honda cars commences booking for fifth generation 'City'

The company has fixed the online booking amount for the City at Rs 5,000 while the same at the dealerships is kept at Rs 21,000. 

25 Jun 2020

Yes Bank posts net loss of Rs 16,418.02 crore for fiscal year 2020

The bank attributed loss to worsening asset quality during FY20 as 63 per cent of its corporate investments have been declared non-performing investments.

07 May 2020

Finance ministry holds meeting with PSBs sans Nirmala Sitharaman to review NPA situation

With economic growth set to slow down, the International Monetary Fund has cut India’s GDP growth estimate to 1.9 per cent for FY 2020-21.

17 Apr 2020

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