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Business
Book LPG Cylinders On Amazon Pay, Avail Rs 50 Cashback
New Delhi: Even as booking LPG refill cylinders has become easier with many online retail platforms offering the service, Amazon Pay has come up with a Rs 50 cashback offer.
In order to avail the Amazon Cashback offer, one needs to go to…
Supreme Court Refuses To Hear Plea Against Patanjali’s Use of Coronil Trademark
New Delhi: The Supreme Court on Thursday refused to entertain a plea against a Madras High Court order that declined to restrain Baba Ramdev's Patanjali Ayurved from using the trademark 'Coronil' for its immunity-boosting products.
While…
Tata Motors Aims To Cut Net Automotive Debt To Zero In Three Years
Mumbai: Tata Motors Group has set a target of reducing its consolidated automotive net debt (excludes the company’s vehicle finance business) to near zero in the next three years.
“Currently the group has a net automotive debt of Rs 48,000…
Bank Deposits: A Difficult Choice Between Risk And Return
Depositors of banks in India have been witnessing a gradual lowering of interest rates on their deposits, eroding not only their deposit value in real terms but also reducing their monthly income. The situation is particularly severe for…
Harley-Davidson May Shut Assembly Operations In India Due To Lack Of Sales
High-end American motorbike manufacturer Harley-Davidson is considering shutting down assembly operations in India as sales have failed to pick up and the immediate demand looks bleak.
The company has sent out feelers to a few automakers…
83% Restaurants In Country Shut Shop During Pandemic: Survey
New Delhi: A whopping 83% of dine-in restaurants in the country have stopped operating due to the COVID-19 pandemic, according to a survey by leading food delivery company Zomato.
Of these, 10 per cent restaurants have shut down…
Privatisation Spree: Govt To Sell Stake In Four State-Owned Banks
New Delhi: The Government of India has drawn a list of four primarily state-owned banks to trim its majority stakes - Punjab and Sind Bank, Bank Of Maharashtra, UCO Bank and IDBI Bank, in which it owns through direct and indirect holdings.…
Reliance Retail Picks Up Majority Stake In Netmeds For Rs 620 Crore
Mumbai: The online pharmacy space is set to be highly contested in the coming days with Mukesh Ambani-owned Reliance Industries (RIL) joining the fray. On Tuesday, RIL announced the acquisition of a majority stake in Chennai-based online…
A Shot In The Arm: Samsung To Shift Part Of Smartphone Production Unit To India, Make Devices Worth…
New Delhi: The South Korean electronics giant Samsung's thoughts on shifting part of its smartphone production unit to India comes as a shot in the arm for Prime Minister Narendra Modi's 'Vocal For Local' call.
It has submitted estimates…
Amazon, Flipkart Expect Boost In Festive Sales; Call For Large Orders With Brands
New Delhi: Amazon and Flipkart are expecting this year’s festival-season business to nearly double for some categories and increase of at least 40 per cent in others, said a top executive on Monday.
The categories mostly include…