New Delhi, May 4 (PTI) The Delhi High Court has expressed its concern over the “prolific” sale of counterfeit and knockoff products on e-commerce platforms and said the practice has to be arrested to protect trademark owners as well as the customers. The observation was made by Justice Prathiba M Singh while dealing with a [...]
New Delhi, May 4 (PTI) The National Stock Exchange on Wednesday said Assets Under Management (AUM) of all the Exchange Traded Funds and Index Funds tracking Nifty 50 Index have crossed Rs 2 lakh crore. Also, it has been a landmark year for the Indian ETFs industry, as it had registered a record fund inflows [...]
New Delhi, May 4 (PTI) Transport and highway minister Nitin Gadkari on Wednesday chaired a meeting along with Delhi Lieutenant Governor Anil Baijal to review the proposal of the National Highways Logistics Management Limited to revamp logistics and allied activities in the national capital region. The National Highways Logistics Management Limited (NHLML), a special purpose [...]
Copenhagen, May 4 (PTI) Prime Minister Narendra Modi on Wednesday said the India-Nordic Summit will go a long way in boosting India's ties with the resource-rich region and emphasised that his productive bilateral meetings with his counterparts from Denmark, Norway, Sweden, Iceland and Finland has underlined that together they can achieve and contribute to global [...]
New Delhi, May 4 (PTI) IT company Cigniti Technologies on Wednesday reported an 8.3 per cent decline in consolidated profit after tax to Rs 22.6 crore in the quarter ended on March 31, 2022, compared to Rs 24.67 crore in the same period a year ago. Cigniti board approved the acquisition of modern technology IT [...]
New Delhi, May 4 (PTI) Meta-owned Facebook 'actioned' about 21.6 million content pieces across 13 violation categories in India during March, according to a monthly report by the social media giant. The content "actioned" belonged to categories including spam, bullying and harassment, child endangerment, dangerous organisations and individuals, violent and graphic content, and adult nudity [...]
Chennai, May 4 (PTI) Tamil Nadu has witnessed a 30 per cent jump on the sales of jewellery during the Akshaya Tritiya festival as a whopping 18 tonne amount of gold was retailed on that day, backed by strong demand for the precious metal in the state, industry sources said on Wednesday. The trend was [...]
New Delhi, May 4 (PTI) Automobile dealers' body FADA on Wednesday said the increase in repo rate will "apply certain amount of brakes" on the industry's growth, especially the two-wheeler segment which is already reeling under a severe slowdown. Home, auto and other loan EMIs are likely to go up after the Reserve Bank of [...]
EIH Limited, which runs the Oberoi chain of hotels and resorts, on Wednesday reported a consolidated net profit of Rs 15.85 crore for the fourth quarter ended March 2022. The company had posted a loss of Rs 48.83 crore in the corresponding period of the previous fiscal. EIH Limited also announced that its long-serving Chairman [...]
Consumer electrical goods maker Havells India Ltd on Wednesday reported a 16.01 per cent increase in its consolidated net profit to Rs 352.48 crore for the fourth quarter ended in March 2022. The company had posted a consolidated net profit of Rs 303.83 crore in the January-March quarter a year ago, Havells said in a [...]
