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...
Riding on the surge in remote work and learning, the global laptop market will hit a high in 2020, increasing 9 per cent (on-year) to reach 173 million units and…
The Nifty50 on the National Stock Exchange (NSE) has crossed the 14,000 mark for the first time ever. It touched an all-time high of 14,010.15 points amid a largely subdued…
Corporate earnings recovery will likely provide a cushion for valuations in 2021, Motilal Oswal Private Wealth Management said in its 2020 year-ender note. It pointed out that earnings growth over…
As online shopping boomed this year amid Covid-19, Amazon has said that this holiday season has been the best ever for independent businesses selling on the marketplace with worldwide sales…
The Finance Ministry has released the ninth weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall. Out of this, an amount of Rs 5,516.60…
Tesla CEO Elon Musk who earlier said that the process to bring Tesla cars to India will begin in January 2021, has now refused to give any fixed timeline when…
After China’s top market watchdog began investigation last week into alleged anti-competition practices by ecommerce giant Alibaba, media reported on Monday that the country has now laid out ‘rectification plan…
A major outcome of COVID-19 is the likely shift in global supply chains away from China to other economies. Nearly 70 per cent of the survey participants said that India…
As the world steps into a new decade, 2020 will be remembered as the most disruptive year in living memory. As the pandemic spread across the world, it was telecom…
Even before the start of the new year, the Indian steel sector has regained its lost shine registering a growth of 3.5 per cent in crude steel production in November….