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IT Department conducts raids on Mumbai-based gutkha manufacturer
IT Department conducts raids on Mumbai-based gutkha manufacturer

New Delhi, The Income Tax Department has carried out search and survey operations in the premises of a Mumbai-based group involved in manufacturing tobacco-based product including pan masala and gutkha.

The raids on the group, which is also involved in the hospitality sector, were carried out during February

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Restructuring inevitable for Renault Samsung for survival: CEO
Restructuring inevitable for Renault Samsung for survival: CEO

Seoul,  The chief of Renault Samsung Motors said on Tuesday that restructuring will be inevitable for the survival amid the prolonged coronavirus pandemic and lower demand for its models.

In a message to employees, Renault Samsung Chief Executive Dominique Signora made the comments as the company struggl

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Rosneft develops innovative projects in the oil and gas industry
Rosneft develops innovative projects in the oil and gas industry

New Delhi, The Rosneft United Research and Development Centre (RN-RDC) is the flagship institute of the R&D complex of Rosneft, the largest Russian oil company. Developing promising technologies for oil refining and petrochemistry, the Center's scientists implement strategic projects based on an in-depth analysis of curr

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SAT stays SEBI's ban on Kishore Biyani from securities market
SAT stays SEBI's ban on Kishore Biyani from securities market

Mumbai, In a major relief for Future Retail CEO Kishore Biyani, the Securities Appellate Tribunal (SAT) has stayed the SEBI's order restricting him along with other promoters of the group from the securities market for alleged insider trading in the scrip of Future Retail (FRL).

A company statement said t

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Sharp jump in petrol, diesel prices for 8th consecutive day
Sharp jump in petrol, diesel prices for 8th consecutive day

New Delhi, Petrol and diesel prices continued to rise on Tuesday, the eighth consecutive day when the retail prices have risen across the country, with oil on the boil in global markets and both crude and product prices seeing a big spike.

Accordingly, oil marketing companies raised the pump price of diesel by a h

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Germany's economic recovery halted by 2nd Covid lockdown
Germany's economic recovery halted by 2nd Covid lockdown

 

Berlin,  The ongoing Covid-19 measures continue to weigh on the German economy in the first quarter of 2021, according to the monthly economic report published by the Ministry for Economic Affairs and Energy (BMWi).

The recovery after the end of the first Covid-19 lockdown in spring last

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Tata Communications, Google Cloud to drive cloud adoption in India
Tata Communications, Google Cloud to drive cloud adoption in India

New Delhi, Tata Communications on Tuesday announced its partnership with Google Cloud to drive cloud adoption and transform Indian businesses. With this partnership, Tata Communications has expanded its managed public cloud services portfolio to include capabilities for Google Cloud.

The partnership between Tata C

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Metals on upward move amid US stimulus hopes, demand support
Metals on upward move amid US stimulus hopes, demand support

New Delhi, The metal market is again on an upswing with futures of both precious and base metals on the rise largely on the hopes of the proposed massive $1.9 trillion stimulus package in the US along with improving demand.

Earlier this month, the US House of Representatives already approved a budget resolution th

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CARS24 hires Kunal Mundra as new CEO for its India cars vertical
CARS24 hires Kunal Mundra as new CEO for its India cars vertical

New Delhi,  Used car marketplace CARS24 on Tuesday announced the appointment of former CEAT Specialty Tyres top executive Kunal Mundra as CEO of its cars vertical in India.

Mundra brings to the new role over 16 years of experience across different industries.

He served as the Managing Dire

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AITA under-16 tennis: Dhruv scores lone upset of day
AITA under-16 tennis: Dhruv scores lone upset of day

Bengaluru, Dhruv Adiga scored the lone upset of the day when he sent eighth seeded Suchir Chethan home with a facile 6-3, 6-2 victory in the opening round of the AITA under-16 tennis tournament here on Monday.

The other fancied players advanced to the next round without much ado at Amogha Sports Tennis Academy at

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