by PTI News | Apr 1, 2022 | 1:36 pm | Economy, News
New Delhi, Apr 1 (PTI) Housing sales across seven cities increased 71 per cent in January-March to 99,550 units, the highest quarterly sales since 2015, on low-interest rates on home loans and the growing concept of homeownership, according to property consultant Anarock.Sales of residential properties stood at 58,290 units in the year-ago period and 90,860 [...]
by PTI News | Apr 1, 2022 | 1:33 pm | News
Washington, Apr 1 (PTI) Initiatives such as “Make in India” and “Atmanirbhar Bharat” seek to increase India’s self-sufficiency by promoting domestic industry and reducing reliance on imported goods, the US Trade Representative has said in a report, observing that American exporters encounter "significant" tariff and non-tariff barriers in the country. In its National Trade Estimate [...]
by PTI News | Apr 1, 2022 | 1:23 pm | Corporate Action, News
New Delhi, Apr 1 (PTI) Torrent Power on Friday announced the takeover of the power distribution operations in Union territory Dadra & Nagar Haveli and Daman & Diu.The assets were privatised under the government's ambitious programme to privatise the distribution network in Union territories through a competitive bidding process, Torrent Power said in a statement."Torrent [...]
by PTI News | Apr 1, 2022 | 1:21 pm | News
Mumbai, Maharashtra, India (NewsVoir) • The seed round also saw participation from marquee angels like Alok Mittal, Founder, Indifi, Saurabh Bansal, Chief Merchandising Officer, Snapdeal, Kshitij Jain, Founder, Joveo, Ram Kuppuswamy, Chief Procurement & Supply Chain Officer, Hero MotorCorp, Gunjan Srivastava, CEO, Bosch Siemens (UK), Ramneek Khurana, Co-founder, Lenskart, Deepak Singh Ahlawat, Founder, Anzy Global, [...]
by PTI News | Apr 1, 2022 | 1:20 pm | Economy, News
Mumbai, Maharashtra, India – Business Wire India • Over half of Gen Z have incorporated more technology and reduced their environmental impact over the last year • 30% of Gen Z respondents state sustainability is a key consideration in their employment and career journey FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the [...]
by PTI News | Apr 1, 2022 | 1:14 pm | Corporate Action, News
New Delhi, Apr 1 (PTI) Bosch Ltd, a provider of technology and services in the mobility ecosystem, on Friday said it has acquired a 14 per cent stake in Bengaluru-based B2B start-up Zeliot Connected Services Pvt Ltd. This investment will enhance Bosch Ltd's role in the mobility landscape through offerings on digital platforms in the [...]
by PTI News | Apr 1, 2022 | 1:05 pm | News
New Delhi, Apr 1 (PTI) Biocon Biologics, an arm of Biocon Ltd, on Friday said a committee of the European Medicines Agency has recommended the granting of marketing authorisation for its biosimilar, Inpremzia, a pre-mixed ready-to-use insulin formulation for intravenous infusion. Inpremzia has been developed by Celerity Pharmaceuticals LLC using Biocon Biologics' biosimilar insulin drug [...]
by PTI News | Apr 1, 2022 | 12:55 pm | Economy, News
New Delhi, Apr 1 (PTI) India's power consumption has grown steadily at 4.6 per cent year-on-year in March to 126.12 billion units (BU), showing the impact of early onset of summers and easing of lockdown restrictions by states. Power consumption in March 2021 was 120.63 BU, higher than 98.95 BU in the same month of [...]
by PTI News | Apr 1, 2022 | 12:53 pm | Economy, News
Sydney, Apr 1 (The Conversation) The Australian government’s announcement of a halved fuel excise is no doubt music to many people’s ears.Following Tuesday night’s budget release, the excise (a government tax included in the purchase price of fuel) was halved from 44.2 cents per litre to 22.1 cents.It should provide some respite from high petrol [...]
by PTI News | Apr 1, 2022 | 12:52 pm | Company Results, News
New Delhi, Apr 1 (PTI) The country's largest carmaker Maruti Suzuki India (MSI) on Friday reported a 2 per cent rise in total wholesales to 1,70,395 units in March.The company had sold 1,67,014 units in March 2021, MSI said in a statement.Last month, the company's domestic dispatches, however, declined 7 per cent to 1,43,899 units [...]
