Reliance, BP commit to pay for any shortfall in KG-D6 production to buyers
Reliance had a decade back signed up to sell 60 million standard cubic metres per day of gas from the first set of gas fields in the KG-D6 block, but the output rapidly declined due to reservoir issues, leaving users such as power plants stranded.
This IT firm just sold its software products biz for value more than its m-cap
The software products business will be acquired by a newly for...
Godrej Appliances ramps up medical refrigerator production capacity for COVID-19 vaccine
"To cater to the urgent demand for COVID-19 vaccine ...
From foods to personal care, companies make a beeline to launch natural/ plant-based products
HUL, which launched its plant-based range of surface and vegetable disinfectants, detergents, sprays and wipes under new brand Nature Protect last month, said consumer habits have shifted significantly through the pandemic.
Mahindra Electric looks to match last year's sales, readying EV portfolio of Rs 1.7-15 lakh price range
The company sold about 14,300 vehicles in FY20 and it is looking to match that number this year. While the sale of its electric car eVerito have declined this fiscal due to a fall in business for vehicle fleet owners, the company is eyeing increased business from e-commerce players for its three-wheeler good carrier Treo Zor.
Saudi Aramco and Baker Hughes JV to develop non-metallic products
Novel's new plant is being constructed at Saudi Arabia's King Salman Energy Park (SPARK), a 50 sq km energy city aimed at making the kingdom a global energy, industrial and technology hub.
Nokia starts production of next generation 5G equipment in India
The roll out of 5G services in India is dependent on spectrum auction as telecom operators need suitable wireless frequencies to start 5G in the country.
Ikea starts selling its products online to customers in Gujarat
With the e-commerce expansion to Gujarat, Ikea is currently servicing six cities in India including Hyderabad, Mumbai and Pune.
Himadri Group forays into e-mobility space with launch of e-cycles range Motovolt Mobility
The Group will invest Rs 100 crore in the new venture. The Group plans to start off operations by introducing a range of e-cycles. Himadri Group eventually plans to launch four new products in the two-wheeler and three-wheeler segment. The product range will be made available across the country in a phased manner.
Scotland becomes first country in the world to offer free menstrual hygiene products
The new Period Products Bill makes it a legal right to have free access to sanitary products.
Emami expects to turn e-commerce store profitable in 3-4 quarters
Talking to analysts in the recently held investor call, Emami director Mohan Goenka said in the last 40-45 days of its launch, there has been good sales and almost ten lakh visitors have visited the Zandu portal.
China's ballistic missiles and uncertainty at sea
It is unclear why China took so long to make such a claim about hitting a mobile at-sea target, but it is surely related to bolstering Chinese propaganda. The source of the claim was Wang Xiangsui, a former senior colonel of the People's Liberation Army (PLA), who now holds a professorial tenure at Beihang University in Beijing.
Why Reliance share price is likely to remain range-bound for a while
Jio and Reliance retail will do well but we expect 15-17% decline in Reliance’s consolidated profits to about Rs 9,000 crore odd in Q2, says Probal Sen.
Mercedes-Benz to start local assembly of vehicle range AMG in India
The first Mercedes-AMG product to roll out of the assembly line from Mercedes-Benz India's plant at Chakan in Pune will be the AMG GLC 43 4MATIC Coupe, the company said in a statement.
JSW Steel rolls out anti-microbial colour-coated steel range, plans to double capacity by Q3
The company is also expanding its capacity in the next two-three months for production of JSW Radiance product range.