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At the interbank foreign exchange, the rupee opened at 84.06 against the greenback and slipped 1 paisa to trade at the previous day’s closing level in initial deals. File | Photo Credit: The Hindu The rupee stayed flat at 84.07 against the U.S. dollar in early trade on Thursday (October 24, 2024) amid elevated crude…
Read More “Rupee turns flat at 84.07 against U.S. dollar in early trade” »
The story so far: Certain variants of the Boeing 737 (fitted with a ‘rollout guidance actuator’) are under the scanner over an issue that concerns the potential for the occurrence of a jammed or restricted rudder control system. The United States National Transportation Safety Board (NTSB) has put out safety alerts to the manufacturer, Boeing,…
Read More “On Boeing 737’s ‘defective’ rudder system | Explained” »
While the demand for a union is sub-judice, the Samsung workers have called off their strike. | Photo Credit: MAHESH KUMAR A. When workers at Samsung India Electronics’ factory in Sriperumbudur, near Chennai, went on strike for more than a month recently, many people argued once again that strikes are harmful to business. This view…
Read More “Tamil Nadu leads in both worker strikes and number of factories” »
Representational image of workers weighing and packing rice bags | Photo Credit: Reuters The Directorate General of Foreign Trade (DGFT) has removed the minimum export price for non-basmati white rice. In a notification on Wednesday, the DGFT removed the $490 a tonne minimum export price on non-basmati white rice with immediate effect. Similarly, the Department…
Read More “Restrictions removed on non-basmati rice exports” »
Image used for representational purpose. | Photo Credit: PTI As the price of chana dal (gram dal) continued to increase ahead of the upcoming festivities, the Union Consumer Affairs Ministry launched the second phase of retail sale of ‘Bharat Chana Dal’ in New Delhi on Wednesday (October 23, 2024). The all India average price of…
Read More “Centre re-starts retail sale of pulses as prices rise ahead of festivals” »
The India Hub will focus on deep tech including artificial intelligence, big data and analytics, internet of things, ADAS and sensors and devices, the company said in a statement. Photo: Special Arrangement Jaguar Land Rover (JLR) has announced the opening of its latest Open Innovation Hub at Bengaluru in India to identify and work closely…
Piaggio Vehicles Pvt Ltd, a 100% subsidiary of the Italian auto giant Piaggio Group has announced a special limited time offer for its sports bike, Aprilia RS457 at a special ex-showroom price of ₹4.17 lakh. “Customers who take deliveries of the Aprilia RS 457 from 23rd October until 31st October 2024 can bring home the motorcycle at a special…
Read More “Piaggio makes special Diwali offer for Aprilia RS457 sports bike at ₹4.17 lakh ” »
Capgemini on Wednesday (October 23, 2024) announced that Anirban Bose would succeed Jim Bailey as CEO of the Americas Strategic Business Unit, effective November 1, 2024. He was head of Capgemini’s Financial Services Strategic Business Unit and a member of the Group Executive Board from 2018. He was also responsible for overseeing the Asia Pacific Strategic Business…
Read More “Capgemini announces leadership changes, Anirban Bose named CEO, Americas SBU” »
Zydus Lifesciences Ltd. on Wednesday (October 23, 2024) said it has received in-principle acceptability from the World Health Organisation (WHO) for its Typhoid Vi conjugate vaccine, ZyVac TCV making it eligible for purchase by United Nations procurement agencies. ZyVac TCV is indigenously developed and manufactured at the Zydus Biotech Park, Ahmedabad and is indicated for…
Read More “Zydus Lifesciences gets WHO prequalification for Typhoid Vi conjugate vaccine” »
The general insurance business reported 6% growth in net profit at ₹494 crore. File | Photo Credit: X/@Bajaj_Finserv Bajaj Finserv Limited for the second quarter ended September 30, 2024 reported 8% growth in consolidated net profit at ₹2,087 crore as compared with ₹1,929 crore in the year ago period. Consolidated total income of the company…
Read More “Bajaj Finserv Q2 net profit grows 8% to ₹2,087 crore” »