Jio's spectrum purchase of Rs 571 billion ($8bn) was substantially higher than forecast (less than $3bn) and clearly there is some upside risk to the total capex forecast of $9bn over FY21-23, JP Morgan said....
India's real gross value added (GVA) is likely to grow at 3-4 per cent on a year-on-year basis in the ongoing quarter of FY21 largely on the back of expected better growth during February and March. A Motilal Oswal Financial Services report said that post the expected 3-4 per...
Warehousing demand is expected to grow around 160 per cent to reach 35 million square feet in 2021, if no further lockdowns occur, said a JLL report. Despite unfavourable socio-economic environment, warehousing stock in top eight cities, including NCR-Delhi, Mumbai, Bangalore, Chennai, Pune, Kolkata, ...
Consumers have been spared of another increase in fuel prices with oil marketing companies deciding to keep petrol and diesel rates static for fourth consecutive day on the back of softening seen in international oil markets. Accordingly, petrol continues to be priced at Rs 91.17 a litre and diesel Rs...
The Union Food Ministry on Tuesday said that a total quantity of 427.363 lakh ton wheat has been estimated for procurement during the forthcoming RMS 2021-22 which is 9.56 per cent more than the 389.93 LMT procured during RMS 2020-21 which will be a fresh record....
Russia is working to decrease dependence on the US dollar and strengthen its ruble, Russian Federation Council Speaker Valentina Matviyenko said. ...
The employees of Toyota Kirloskar Motor (TKM) called off their four-month long strike and resumed work, the Japanese car maker's Indian subsidiary said on Tuesday....
Vodafone Idea Ltd (VIL) on Tuesday said it has acquired spectrum in five circles, which would help the telco to enhance its 4G coverage and capacity. ...
The All India Mobile Retailers Association (AIMRA) has written a letter to Prime Minister Narendra Modi, stressing that Amazon's operations in India should be suspended until a probe into the company is done....
Sports automobile manufacturer Lamborghini has delivered the 100th Urus Super SUV in India. Accordingly, the milestone marks a record for the fastest 100 deliveries in super luxury vehicle segment, Lamborghini India said in a statement on Tuesday. ...