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...
Mahashay Dharampal Gulati, the owner of the spices brand ‘MDH’ passed away on Thursday morning. Reports suggest that his health deteriorated recently and he was undergoing treatment at a Delhi…
Leading aerospace and defence technology company Rolls-Royce and IT major Infosys on Wednesday announced their strategic partnership for aerospace engineering in India. As part of the overall partnership, Rolls-Royce will…
The Finance Ministry has laid down the growth numbers in foreign institutional investment (FII), foreign portfolio investments (FPI) and corporate bond issuances to show a positive momentum in the Indian…
India’s port volumes are yet to recover fully from the Covid-19 pandemic-induced trends such as shortage of containers amid a demand-supply imbalance, says India Ratings and Research (Ind-Ra). In a…
Lakshmi Vilas Bank (LVB) is now amalgamated with DBS Bank India Limited (DBIL), the wholly owned subsidiary of Singapore-based DBS Group Holdings Ltd. In a statement on Monday, DBS Bank…
The Securites and Exchange Board of India (SEBI) has found Prannoy Roy and Radhika Roy, the co-founders of New Delhi Television Ltd (NDTV) guilty of insider trading. Along with barring…
Faster-than-anticipated economic recovery along with likely continuation of accommodative monetary stance will support the domestic indices’ expected northward trajectory during the week ahead. However, spurts of likely profit bookings coupled…
The UK government announced on Monday that the Chinese telecom giant Huawei will not be able to install its 5G equipments in the country from September 2021. The Department for…
US consumers spent $9 billion online during the Black Friday sale, up by 21.6 per cent on a year ago. Smartphones alone accounted for $3.6 billion in sales — up…
The total foreign direct investment (FDI) during the second quarter of financial year 2020-21 stood at $28.10 billion, out of which FDI equity inflows were $23.44 billion. “This takes the…
