He also said the government “must do whatever it can to take away some of the apprehensions of the private sector”.
The resultant sell-off left investors poorer by Rs 2.1 lakh crore with BSE’s market capitalization now at Rs 136.2 lakh crore.
This is the third investment by Amazon in an Indian brick and mortar retail business following Shoppers Stop and More.
On Thursday, IRCTC filed a draft prospectus for sale of two crore shares, which will reduce the Centre’s equity by around 12%.
The ruling Narendra Modi-led government is hoping to privatise the national carrier in the coming months.
(CEA) Krishnamurthy Subramanian said that any sort of bailout package will be a “moral hazard” and anathema to way a market economy works.
The higher taxes have forced Parle to offer fewer biscuits in each pack, hitting demand from lower-income consumers in rural India which contributes more than half of Parle’s revenues.
With the insolvency tribunal taking Jet Airways India Ltd. under its wing on Thursday, there may be one more abortive attempt to sell it whole.
IndiGo and SpiceJet have got the maximum number of rights, with 84 weekly flights for the first and 77 for the second.
Several Jet Airways employees have managed to secure new jobs but many are still on the hunt.
Industry insiders doubt whether bankers will be able to revive the airline or not, especially after other reports surfaced that Jet’s vendors approached the National Company Law Tribunal (NCLT).
The electric, on-demand air taxis can be ordered by customers through smartphone apps.
Jet Airway’s Former Partners, Rivals Struggle To Fill Lucrative Capacity Gap Left By Collapsed Airlines
Jet, which halted operations on April 17 after running out of cash, had a market share of around 12 percent on international flights to and from India in 2018, according to government statistics, outstripping even Air India.
The company vows to invest more money in developing new tractors in the next three years than it did in the last five years.
The Redmi Note 8 and Redmi Note 8 Pro are set to be launched in China on August 29.
The OnePlus TV will make its debut in India first, with the company planning to expand its availability to North America, China, and Europe at a later date.
The newly launched smartphone comes in two colour options – Denim Blue and Pearl White.
Samsung launched the Galaxy Note 10 and Galaxy Note 10+ in India earlier this week.
The Redmi Note 8 and Redmi Note 8 Pro both will debut as the latest entrants in the company’s Redmi Note family.
On the camera front, the listing reveals that the Oppo Reno 2 might come with a shark fin pop up selfie camera just like the Oppo Reno.
Google Go is part of the Android Go OS that’s a stripped-down version of the stock Android system which is meant for low-powered devices in emerging markets.
Cognizant, whose headcount addition had outstripped revenue growth in the fourth and first quarters, will also pare hiring going forward to bring it in line with revenue growth.
There has been a reassessment of skill sets at IBM’s India offices.
The CSE report — State of Working India 2019— revealed that 50 lakh men lost their jobs between 2016 and 2018, and the beginning of the decline of jobs coincided with demonetisation in November 2016.
The industry has argued that the revenue generated from the manufacturing and sale of fireworks is to the tune of ₹6,000 crore per annum.
The team at NASA’s Jet Propulsion Laboratory (JPL) in California made their own miniature sea floors by filling beakers with mixtures that mimic Earth’s primordial ocean.
The draft states that cloud computing will be an economic activity in India, while data analytics will be a major job creator.
The new 3D map of our galaxy showed that the warped Milky Way disc also contains young stars and the warped spiral pattern is caused by torque from the spinning of the Milky Way’s massive inner disc of stars, according to the study published in the Nature Astronomy journal.