The government has called a meeting of cab aggregators like Ola and Uber on Tuesday to discuss their policies related to fare calculation, surge pricing, ride cancellations and measures taken by them for data protection of customers, Consumer Affairs Secretary Rohit Kumar Singh said on Monday. The meeting has been called amid rise in consumer [...]
Equity benchmarks began the week on a downbeat note on Monday, weighed by heavy selling in market heavyweight Reliance Industries and persisting weakness in global bourses. The rupee plunged to its lifetime low against the US dollar amid unabated foreign fund outflows, underscoring the risk-off sentiment prevailing globally as central banks embark on policy tightening [...]
Reliance Brands Ltd (RBL) on Monday said it has entered into a long-term franchise agreement with Tod’s SpA to become the official retailer of the Italian luxury lifestyle brand for the Indian market. As per the agreement, RBL is the official retailer of the brand across all categories, including footwear, handbags and accessories in the [...]
BLS International on Monday reported a 53 per cent growth in profit after tax (PAT) to Rs 35.2 crore for the quarter ended in March 2022 compared to the year-ago period. The company's PAT stood at Rs 23 crore during the corresponding quarter of 2020-21, BLS International said in a statement. Operational revenue grew by [...]
Gurugram, Haryana, India – Business Wire India Premas Biotech today announced the appointment of Saumen Chakraborty to the Premas Biotech Board of Directors, effective April 29 2022. “We are pleased to welcome Saumen Chakraborty to the Premas Biotech Board,” said Mr Avijit Das, Founder Chairman, Premas Biotech. “Saumen’s deep experience in global Pharma businesses with [...]
A refining golden age, tightening global gas markets and improving telecom subscriber quality point to a USD 20 billion-plus EBITDA run rate for Reliance Industries Ltd by end-2022, Morgan Stanley said Monday. Post becoming the first company to hit USD 100 billion revenue in the fiscal year ended March 31, "Reliance is on a path [...]
Blockchain, cryptocurrency, and Non-fungible Tokens (NFTs) have captivated everyone in the last few years. Blocktickets, a company working in the space of blockchain, and transformative technology has launched a multi chain NFT based ticketing platform rewarding all stakeholders, a one of its kind platform. Blocktickets has now entered the Indian market and is looking to [...]
Biotech company Mylab Discovery Solutions on Monday said it has appointed Rajesh Patel as the Executive Director of the in-vitro diagnostics (IVD) business. In this role, Patel will be responsible for spearheading the IVD testing equipment and reagent business at Mylab by setting up production units, overseeing the related research and development and the launch [...]
China on Monday expressed hope that India will provide a "fair, just and non-discriminatory environment" to its companies as it reacted guardedly to reports of top executives of Chinese smartphone maker Xiaomi faced a probe by the Enforcement Directorate regarding its remittances abroad. “China is closely following the situation,” Chinese Foreign Ministry spokesman Zhao Lijian [...]
