BUSINESS
Trade activity worth Rs 5k cr affected in Delhi: CAIT
According to CAIT, Delhi is neither an agricultural state nor an industrial one but is the largest commercial distribution centre of the country. CAIT cited an estimate, that about 30 to 40 per cent of the goods coming to Delhi have been affected by the movement of farmers, which is adversely affecting the trade and other activities of the state.
Government mulling to set up Market Intelligence Cell for micros, small and medium enterprises
The Parliamentary Standing Committee on Industry, under the chairmanship of Rajya Sabha MP K. Keshava Rao, on Tuesday presented the 300th Report on Action Taken by Government on the Recommendations and observations of the Committee contained in its 297th Report on Demands for Grants (2020-21) pertaining to MSMEs to the Rajya Sabha.
Saathi: Amazon India launches peer mentorship programme for sellers
Any seller who is interested in volunteering to mentor other sellers on Amazon can apply on the Amazon Saathi website. The selected sellers can share their experience as a successful digital entrepreneur with other sellers. But these Saathi sellers who volunteer to mentor their peers will not receive any financial incentive, Amazon India said.
Samsung to release 4 folding smartphones in 2021: Report
Samsung is also planning to include S Pen support for the higher-end Z Fold 3, which many fans have been hoping for since the first Galaxy Fold. Earlier, the company filed a patent for three foldable smartphone designs with cutouts for inner cameras.
SUN Mobility rides on Microsoft Azure to help build future electric vehicles
The batteries as well as the swap stations are connected to the Cloud using Microsoft Azure and numerous built-in solutions like Azure IoT Hub, Azure Data Factory, CosmosDB, Azure Databricks, among others, that transmit battery performance telemetrics back to SUN Mobility.
Wistron estimates $7.11 million loss from its riot-hit India plant
Noting that the company was assessing the damage in the facility, the filing said its India subsidiary was co-working with the government authorities and police officials on the investigation into the incident on December 12 in the Narasapura industrial area at Kolar, 55km east of this tech hub in southern Karnataka.
December Cheer: FII inflow consistency expected to further lift India's stock markets
Market observers cite expectations of a massive US stimulus, along with record low global interest rates as well as easy monetary policy being followed by international central banks as factors leading FIIs into India's equity market. Besides, foreign investors are eying prospects of a faster economic recovery in India amid subsiding Covid-19 cases.
Jio, Facebook is value creation platform for small businesses in India: Mukesh Ambani
"I have no hesitation in going on record, that it is your investment that set the ball rolling. Not only for Jio, but for the Indian FDI which has been the largest-ever in its history. And our partnership between Jio and Facebook, will actually demonstrate that it is great for India, Indians, and small Indian businesses," Ambani said.
Profit booking, macro-data subdues market, banking stocks tank
However, a steady inflow of foreign funds, along with a late hour buying spree in auto and metal stocks, led to a gradual recovery which allowed the indices to close on a positive-to-flat levels during a volatile session. Foreign investors pumped in liquidity worth Rs 2,484.09 crore on Tuesday, while volumes on the NSE were in line with recent averages.
India's November merchandise exports fall by 8.74% Year-on-Year
"Cumulative value of exports for the period April-November 2020-21 was USD 173.66 billion as against USD 211.17 billion during the period April-November 2019-20, registering a negative growth of (-) 17.76 per cent in dollar terms," a Ministry of Commerce and Industry statement said on the basis of preliminary data.
Don't Miss
Advertisement