South Korean consumer electronics maker LG would foray into the premium ceiling fans segment this season, which will have advance features such as IoT technology.
Prices are now rebounding, and the govt forecasts that some of the world’s largest oil companies will ultimately invest about $150 bn in Mexico.
When it comes to digital transformation, sectors like BFSI and telecom, will become the growth engines for India and IBM is ready to meet the tech requirements, says IBM.
Omate announced a partnership with Tata Communications to equip its new "Omate x Nanoblock" smartwatch for kids with enhanced security features.
A BJP delegation met Rajnath Singh demanding immediate prosecution of Congress leader Jagdish Tytler on the basis of fresh evidence in the 1984 anti-Sikh riots case.
Popular TV App JioTV announced it has been awarded India digital rights of the upcoming Winter Olympic Games by the International Olympic Committee (IOC).
Tech firm Aeris Communications announced the launch of an exclusive Internet of Things (IoT)-based solution developed for the social/not for profit sector.
Greek Cypriots headed back to the polls in a runoff presidential vote between an incumbent conservative pledging to reenergize talks at ending the island’s division.
The telecom sector should be able to address global requirements and attract investments of about USD 100 billion by 2022 under the new policy in works.
AstraZeneca expects to return to drug sales growth in 2018 as new medicines win market share and the group puts patent losses behind it.
US dollar ends higher against rupee
Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.
Following are the Interbank forex and RBI rates: (In Rs per unit) Unit Interbank RBI Reference US Dollar 64.21/22 US Dollar Rs 63.9097 Pound Sterling 90.34/36 Euro Rs 80.1683 Euro 80.18/20 Japanese Yen (100) 60.50/52
Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors
Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share
MAHINDRA & MAHINDRA
To invest in Zoomcar India, Zoomcar Inc, U.S.
To invest Rs 176 cr in Zoomcar India
Initial investment in Zoomcar India likely to be completed by Feb 20
Additional investment in Zoomcar India expected to be completed by Aug 31
Co’s stake to increase to 16%
RBI inspection had found diversion of funds within group firms
Funds to the tune of Rs 525 cr given to intermediary borrowing cos
Religare Finvest increased corporate loan book against RBI’s directions
RBI has asked for clarity on rollover of fixed deposits with a bank
Findings suggested continued weakness of internal controls
Economic Times Reports
SC Allows Sale Of Fortis Health Shares Pledged With Lenders
SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis
Earlier, SC had restrained financial institutions from selling pledged shares
Business Standard Reports
Granted European GMP certification from Hungarian regulators for Mfg plant at Goa