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Category: Business Updates

Business Updates

NTPC shares climb 3%; hit 52-week high level after Q1 earnings

July 5, 2020By businessreputationdata

Foxconn Industrial Internet (FII), plans to invest $194.45 million to build a campus in Kancheepuram district, near Chennai.

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Business Updates

Rise in home loan rates: Ahmedabad most affordable, Mumbai expensive, says report

July 4, 2020By businessreputationdata

The index stated that Ahmedabad has an EMI to income ratio of 23 per cent, followed by Pune and Kolkata at 26 per cent each. The National Capital Region has a ratio of 30 per cent, and Bengaluru and Chennai 28 per cent.

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Business Updates

Centre extends restriction on sugar export beyond October

July 4, 2020By businessreputationdata

The Indian government has extended its restriction on export of raw sugar, white sugar, refined sugar and organic sugar under some codes beyond October, according to an order dated Wednesday.

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Business Updates

Retail inflation for farm, rural workers marginally up in October

July 4, 2020By businessreputationdata

Andhra Pradesh and Tamil Nadu with 1,415 points each topped the index table whereas Himachal Pradesh with 1,011 points stood at the bottom.

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Business Updates

RBI MPC meet: Reserve Bank raises FY24 inflation projection, retains GDP forecast at 6.5%

July 4, 2020By businessreputationdata

Unveiling the bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said domestic economic activity is maintaining resilience.

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Business Updates

Jio Platforms ties up with NVIDIA to build cloud-based AI infrastructure

July 4, 2020By businessreputationdata

It said the new infrastructure will greatly speed up a wide range of India’s key initiatives and AI projects, including AI chatbots, drug discovery, climate research and more.

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Business Updates

E-gaming cos offer cashbacks to ride out GST storm; consolidation looms large as smaller players lose out

July 2, 2020By businessreputationdata

As online gaming companies are devising ingenious ways to compensate their customers for GST deductions on their deposits, industry executives say the move will force smaller firms to shut down and increase barriers for new entrants in the sector.

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Business Updates

‘A lot quieter’ Black Friday brings out discount hunters

July 1, 2020By businessreputationdata

The Black Friday tradition began in the US but has gone global, as well as moving online. The rise of online shopping has reduced the importance of Black Friday as a single-day event.

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Business Updates

India remains vulnerable to recurring, overlapping food price shocks: RBI Governor

July 1, 2020By businessreputationdata

The RBI’s Monetary Policy Committee (MPC), in its October meeting, projected consumer price index-based (CPI) inflation at 5.4 per cent for 2023-24, a moderation from 6.7 per cent in 2022-23.

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Business Updates

‘EPFO software is archaic, needs urgent intervention’

June 28, 2020By businessreputationdata

The airline’s strategy on expanding cargo operations is in line with the government’s push to expand the air cargo and logistics industry in India.

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