The Indian government has sent the first list of 12 public sector undertakings (PSUs) that will be privatized, as declared in Finance Minister Nirmala Sitharaman’s Union Budget 2021 last month. The list includes public sector banks and insurance firms that are part of the government’s aggressive strategy to privatize PSUs in order to reach a […]
Category Archives: Business
According to a study by the researchers from Harvard University, a conclusion has been made that the Dinosaurs must have been killed by a comet instead of asteroid. A celestial object that has a nucleus of ice and dust is called a comet. Comet is originated from icy objects that are located at the edge […]
Tech Mahindra, the digital transformation services company, revealed on Monday that it had purchased a 70% stake in Perigord, a leading global provider of advisory and labelling artwork solutions to the pharmaceutical industry, for an undisclosed sum. According to a statement from Tech Mahindra, this acquisition will help the company expand its expertise in the […]
The UK Prime Minister Boris Johnson has planned a visit to India at the end of April which will be his first worldwide journey after the UK’s exit has closed the ties with European Union. The visit to India aims at increasing UK alternatives in the Indo-Pacific region, and also to create a democratic counterweight […]
As companies around the world face pressure to increase gender diversity, the United Arab Emirates, home to the Dubai and Abu Dhabi stock markets, will need at least one female director on the boards of all listed companies. The Securities and Commodities Authority said in a statement that the move is aimed at empowering Emirati […]
As India’s second biggest oil provider after Iraq, Saudi Arabia, last month, had been overtaken by the United States, this makes refineries cheaper, figures from trading sources show. In addition to the agreement between the Organization of the Petroleum Exporting Countries and its check plagiarism here https://www.quetext.com/allies (OPEC+), the change in supply, which was triggered […]
According to data released by the commerce ministry on Monday, India’s merchandise exports increased by just 0.67 percent in February, while imports increased by 7 percent, resulting in a 12.6 billion trade deficit for the month. The ministry published preliminary data on March 2, that indicated a 0.25 percent drop in exports for the month. […]
According to official data released on Monday, merchandise exports increased for the third consecutive month in February, although slightly, by 0.6 % year on year to $27.9 billion, while the trade deficit widened to $12.6 billion. The trade deficit was $10.16 billion in February 2020. Imports increased by 6.9% to $40.5 billion last month, according […]
Garnier, the cosmetics pioneer on Monday stated that it aims to stop using virgin plastic for all packaging by 2025. Otherwise, its production units and factories will be neutral by 2025, using renewable energy. Garnier is a mass-market based cosmetic product of French cosmetics company L’Oreal. The company will use recyclable, reusable or compostable materials […]
US medical device technology market is projected to grow at a significant CAGR of around 2.8% during the forecast period (2020-2026). The medical device technology is growing at a rapid rate in the US, backed by the rising prevalence of chronic diseases, such as CVD, respiratory, and other diseases. Realizing this factor, the global key […]