Strong fiscal policy support in the form of stimulus measures are needed to kick start growth, EY India said....
Food delivery app Zomato, which is working to explore public markets later this year, has reached an agreement to invest $100 million in online grocer Grofers for about a 10 per cent stake. ...
Tamil Nadu state president of the Congress party, K.S. Alagiri has said that the central government has failed to provide the required support to the Micro, Small and Medium Enterprises (MSMEs)....
Reliance Power has started the export of power equipments to its Bangladesh Power project. These equipment are being exported from its Samalkot project. The process of exporting the equipment for 750 MW LNG based power project in Bangladesh is expected to be completed by end of July 2021....
The government's Rs 6.28 lakh crore fiscal stimulus package is unlikely to be a big strain to government finances and leave a larger fiscal dent. The expectation is that the measures announced to provide liquidity to businesses and financial relief to people affected by the pandemic, would add just about 0.5 - 0.6 per cent to the budge...
Airline major IndiGo has reduced emissions by about 5 per cent via its ground support equipment automation....
Mumbai-based pharma company Cipla will add Moderna to the list of Covid-19 vaccines available in India for restricted emergency use....
Monday was a big day for China and also the Communist Party of China (CPC). The country operationalised the Baihetan Hydropower Station in Southwest China, the largest hydropower project in the world....
Walmart has announced the expansion of its Covid-19 support efforts for MSMEs with the launch of Vriddhi Cares....
Earthmoving and construction equipment major JCB India expects a strong recovery towards the second half of the year aided by the accelerated vaccination programme along with Centre's focus on infrastructure creation....