As the country is also facing a severe fuel shortage, Wickremesinghe, who assumed office on May 12, said that at the moment, “we only have petrol stocks for a single...
The Adani Group company Adani Enterprises forayed into the media business by acquiring an unspecified minority stake in Quintillion Business Media earlier this year…reports Asian Lite News Adani Group’s unit...
In April last year, local chip output surged 29.4 per cent year on year to 28.6 billion units…reports Asian Lite News China has suffered a major setback as its semiconductor...
The court had given conditional stay on the order given by the Enforcement Directorate (ED) on April 29 to seize Rs 5,513.3 crore…reports Asian Lite News After the Enforcement Directorate...
Both Ambuja and ACC will benefit from synergies with the integrated Adani infrastructure platform, especially in the areas of raw material, renewable power and logistics, where Adani Portfolio companies have...
While the full year 2020 declined 5.9 per cent compared to 2019, the progress toward market recovery has been impressive, said the IDC, adding that the momentum heading into 2021…
The airline had reported a net profit of Rs 496 crore during the Q3FY20. Besides, the company said the capacity for the quarter was down by 40.8 per cent compared…
“During the quarter, the company registered net sales of Rs 222,367 million, an increase of 13.2 per cent compared to the same period previous year,” the company said in a…
The bank said profit after tax for the quarter was adversely impacted to the extent of Rs 1,050 crore on account of prudent expenses and provisioning charges…reports Asian Lite News…
Noting that the COVID-19 crisis has wreaked havoc on labour markets in the developing world, the World Economic Situation and Prospects 2021, said that by mid-2020, unemployment rates had escalated…
TCS has further consolidated its position among the top 3 most valuable brands in the IT services sector, according to Brand Finance, the world’s leading brand valuation firm…reports Asian Lite…
The announcement came shortly after a $7 million round in seed financing in December that included tech leaders and investors such as Tony Fadell, Casey Neistat, Kevin Lin, Steve Huffman…
Revenue in Intelligent Cloud was $14.6 billion and increased 23 per cent (on-year)…reports Asian Lite News An impressive growth in its Azure Cloud business in a pandemic-hit year helped Microsoft…
In a letter addressed to US President Joe Biden, Amazon has said that its essential workers who cannot work from home should receive the Covid-19 vaccine at the “earliest appropriate”…
“This capital stems from a year of robust growth amidst the pandemic,” the company said in a statement…reports Asian Lite News Homegrown hyperlocal delivery platform Dunzo on Tuesday said it…