Italian luxury sports car maker Automobili Lamborghini on Monday said it has crossed the 400 cumulative sales mark in India since initiating full-scale operations in 2007. "We are pleased to announce the achievement of 400 Lamborghini in India and mark the Lamborghini Day experience with this milestone achievement along with our customers who have supported [...]
EKI Energy Services board on Monday approved an interim dividend of two hundred per cent or Rs 20 per equity share of the face value of Rs 10 each for fiscal 2021-22. The board in its meeting held on March 28, 2022, has recommended an interim dividend of Rs 20 (i.e., 200 per cent) per [...]
Travel service provider Yatra Online Ltd on Monday said it has filed a draft prospectus with markets regulator Sebi for its initial public offering that includes a fresh issue of shares aggregating up to Rs 750 crore. Yatra also announced the appointments of Rohit Bhasin, Deepa Misra Harris and former bureaucrat Ajay Narayan Jha as [...]
The COVID-19 pandemic has forced 80 per cent of consumers to postpone their decision to purchase a four-wheeler, while 82 per cent of respondents deferred plans to buy a two-wheeler, according to a survey by Mobility Outlook. With electric vehicles (EV) gaining traction in India, 40 per cent of two-wheeler (2W) customers are willing to [...]
Byju's and Qatar Investment Authority have partnered to launch a new edtech business and research and development centre in Doha, a statement said on Monday. The new entity in Doha will drive research and innovation to create learning solutions customised for students in the Middle East and North Africa (MENA) region. Byju's said it has [...]
Central Trade Unions on Monday began a two-day nationwide strike to protest against the government's alleged wrong policies that are affecting farmers, workers and people. Talking to PTI Amarjeet Kaur, General Secretary of All India Trade Union Congress (AITUC), said, "The two-day nationwide strike by the joint forum of central trade unions has begun this [...]
Leading film exhibition players PVR Ltd and INOX Leisure Ltd on Sunday announced a merger deal to create the largest multiplex chain in the country with a network of more than 1,500 screens. The boards of directors of the two companies at their meetings held on Sunday approved an all-stock amalgamation of INOX with PVR, [...]
New Delhi, Mar 27 (PTI) Adani Total Gas Ltd, a joint venture of Adani group and French energy giant TotalEnergies SE, has forayed into the electric mobility infrastructure sector by launching its first EV charging station in Ahmedabad. The charging station is located at ATGL's CNG station at Maninagar in Ahmedabad, the company said in [...]
India's largest gas utility GAIL (India) Ltd continues to pay for the LNG it imports from Russia's Gazprom in US dollars and will seek exchange rate neutrality in case payments are sought in any other currency such as Euro, two sources said. GAIL has a deal to receive 2.5 million tonnes of liquefied natural gas [...]
Shareholders of Vodafone Idea have approved a proposal to raise Rs 14,500 crore, the debt-ridden telecom operator said in a filing on Saturday. Shareholders approved the proposal at the extraordinary general meeting held on Saturday, the filing said. Vodafone Idea (VIL) had placed special resolution of issue of equity shares worth Rs 4,500 crore to [...]