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Thursday, August 6, 2020

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DGFT to undergo overhaul, focus on local capacity

New Delhi |Thursday, 2020 4:45:05 AM IST

The Directorate General of Foreign Trade (DGFT) is focusing on creating more capacities within the country to produce items that can cut down imports and accelerate exports in the electronics and har read..

Triveni Turbine's Q1 consolidated net profit falls 11%

New Delhi |Thursday, 2020 4:45:05 AM IST

Triveni Turbine Ltd on Wednesday reported an 11.23 per cent fall in its consolidated net profit for the April-June quarter, at Rs 27.25 crore. read..

Textile prices recovered in June, no sustainable recovery yet: Ind-Ra

New Delhi |Thursday, 2020 4:15:05 AM IST

Prices of textile products recovered broadly in June 2020 from the lows of April and May on account of gradual resumption of operations, India Ratings and Research said on Wednesday. read..

Signs of recovery: Power generation decline slows in July

New Delhi |Thursday, 2020 4:15:05 AM IST

In a sign that the economy is gradually returning back to normalcy after getting severely hit by the Covid-19 pandemic, the rate of decline in electricity generation in the past few months have slowed read..

Volatility hits equity indices ahead of monetary policy decision (2nd Ld)

Mumbai |Thursday, 2020 1:15:06 AM IST

Volatility prevailed on Wednesday to hamper the upward movement of key Indian equity indices, a day ahead of monetary policy decision. read..

Ajay Tyagi's term as SEBI Chairman extended till Feb 2022

New Delhi |Thursday, 2020 1:45:05 AM IST

The government has extended the term of Ajay Tyagi as the Chairman of the Securities and Exchange Board of India (SEBI) by 18 months till February 2022. read..

Offshore wind will 'surge' to over 234 GW by 2030; India lags behind

New Delhi |Thursday, 2020 2:15:05 AM IST

While India is set to miss its first national offshore wind target, global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the As read..

Indian hotel industries' RevPAR down 43.5% in H1 2020: JLL

New Delhi |Thursday, 2020 6:45:05 AM IST

As the ongoing pandemic has severely impacted India's hotel industry, the sector has recorded a 43.5 per cent fall in Revenue Per Available Room (RevPAR) for the first half of 2020 on a year-on-year b read..

AI pilots get a boost, global body appeals to Puri against wage cut

New Delhi |Thursday, 2020 6:15:07 AM IST

Air India pilots protesting against 60 per cent wage cut got a boost on Wednesday after the global pilots' body sought the urgent intervention of Civil Aviation Minister Hardeep Puri in the matter. read..

SpiceJet gets Heathrow slots, flights from Sept 1 (Ld)

New Delhi |Wednesday, 2020 2:45:06 AM IST

Airline major SpiceJet has secured slots to operate flights at Londons Heathrow Airport from September 1. read..

Airtel ties up with AWS for cloud services

New Delhi |Wednesday, 2020 9:45:06 PM IST

Bharti Airtel on Wednesday announced a multi-year strategic collaboration agreement (SCA) with Amazon Web Services (AWS) to deliver cloud solutions to large enterprise and small and medium enterprise read..

Lockdown measures subdue India's service sector output: PMI

New Delhi |Wednesday, 2020 9:15:10 PM IST

Lockdown measures implemented to curb Covid-19 outbreak continued to subdue the Indian service sector's growth in July. read..

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