Chennai,  The South Indian Hosiery Manufacturer Association has called upon the Centre to ban the export of yarn and fabric and bring yarn under the Essential Commodities Act.

Talking to IANS, association President C. Easwaran said: "We demand a total ban on the export of yarn and f

New Delhi, Nokia has announced it will lay off 10,000 employees in the next two years as part of its restructuring plans, reset its cost bases and invest in R&D and future capabilities including 5G, cloud and digital infrastructure.

On a group level, this is expected to lower the company's cost base b

Wellington,  New Zealand's current account deficit widened by 1.6 billion NZ dollars ($1.15 billion) to 2.1 billion NZ dollars in the December 2020 quarter, the statistics department Stats NZ said on Wednesday.

"The widening of the quarterly deficit was driven by a rise in goods

New Delhi, The government will shortly announce forensic standards based on Institute of Chartered Accountants recommendations, the Ministry of Corporate Affairs will notify on the lines of the Accounting Standards, the Forensic Standards and this will be applicable to all auditors who are doing forensic ac

Tokyo, Tokyo stocks were essentially flat on Wednesday morning as investors refrained from making bold moves ahead of a US Federal Reserve policy meeting that comes against a backdrop of increasing borrowing costs due to rising bond yields.

The 225-issue Nikkei Stock Average edged up 25.12 points, or 0.08 per

Mumbai,  Kotak Special Situations Fund (KSSF) -- managed by Kotak Investment Advisors Limited (KIAL), on Wednesday announced that it has invested Rs 410 crore in DCW Limited (DCW) in the form of debentures.

KSSF has invested in the form of non-convertible debentures (NCDs) and optionally convertible debe

New Delhi, The US has becomes the biggest gainer of its decision to impose sanctions on oil producing countries Iran and Venezuela.

America has steadily improved its exports post sanctions and has now become second biggest oil supplier to India, the worlds third largest oil consumer.

As per tra

New Delhi,  Automobile manufacturer Jeep India on Wednesday launched the locally-assembled SUV Wrangler starting at Rs 53.90 lakh (ex-showroom price).

Accordingly, the company launched locally-assembled Jeep Wrangler in two variants - the Unlimited and the Rubicon.

Jeep India had started W

Secunderabad,  The South Central Railway (SCR) zone has commissioned 134 more track kilometres (TKMs) of electrified railway lines in the past couple of days in some important sections of the zone.

The new sections where the electrified lines were commissioned are Dharmavaram and Kadiri, 77.89 TKMs, in G

New Delhi,  Realty major DLF's Finance Committee on Wednesday approved an issue of redeemable non-convertible debentures (NCD) with principal amount of Rs 500 crore through private placement.

The debenture will be issued in one or more tranches to certain eligible investors permitted to invest in the