Uber to launch ride-booking via WhatsApp in India
It is being rolled out on a pilot basis in Lucknow first, and will be expanded to other Indian cities soon Uber and WhatsApp on Thursday announced a partnership that … Read More
Category: Industries
India’s manufacturing sector records highest production growth in November after nine months
Factory orders rise for fifth successive month at fastest pace since February. India’s manufacturing sector recorded the highest production growth in nine months in November, as per the survey-based IHS … Read More
RIL to transfer gasification undertaking to subsidiary
This enables production of olefins at competitive capital and operating costs, says the company. The Board of Reliance Industries Ltd (RIL) has decided to implement a Scheme of Arrangement to … Read More
Govt. accepts Cairn's offer on retro tax; company to withdraw cases now, refund to follow
The company had, earlier this month, given required undertakings indemnifying the Indian government against future claims and agreeing to drop any legal proceedings anywhere in the world Moving quickly towards … Read More
Nepal to sell surplus electricity in India’s energy exchange market
The Energy Exchange under India’s Power Ministry on Monday granted permission to Nepal after persistent lobbying from Kathmandu, as Nepal Electricity Authority (NEA) is now in a position to sell … Read More
Pacira BioSciences To Buy Flexion Therapeutics – Quick Facts
Pacira BioSciences, Inc. (PCRX) and Flexion Therapeutics, Inc. (FLXN) announced Monday a definitive agreement pursuant to which Pacira will acquire Flexion for $8.50 per share in cash, plus one non-tradeable … Read More
Minority shareholder making a takeover attempt, says Zee's Subhash Chandra
Invesco has been pressing for an Extraordinary General Meeting to discuss various issues, including the removal of MD Punit Goenka and appointment of its nominees on the board Zee Chairman … Read More
TVS Motor ties up with Tata Power to set up EV charging infra across country
The partnership aims to create a large dedicated electric two-wheeler charging infrastructure to accelerate electric mobility in India, TVS Motor Company said in a regulatory filing TVS Motor Company on … Read More
Fintech firms can check digital frauds: RBI Deputy Governor
As the digital payments landscape is maturing, Deputy Governor T Rabi Sankar said RBI’s regulatory attention is shifting to the next level of reforms Technology-driven fintech firms can play multiple … Read More
BPCL to invest ₹1 lakh crore in 5 years
BPCL is actively exploring new business opportunities for sustained growth, its chairman Arun Kumar Singh said Bharat Petroleum Corporation Ltd (BPCL) plans to invest more than ₹1 lakh crore over … Read More