Auto Skoda Volkswagen India Pvt. Ltd, the local unit of Volkswagen AG, plans to launch a new line of mass-market vehicles and source more parts locally as part of a strategy to revive its fortunes in a market dominated by Japanese and Korean automakers. As the company prepares to begin selling the Kushaq mid-sized sport-utility […]
Category Archives: Business
On Saturday, China’s top securities regulator urged underwriters to scrutinise companies seeking to list their shares, threatening to punish those attempting to bring sick companies to the IPO market. Chairman of the China Securities Regulatory Commission (CSRC), Yi Huiman, told a forum that recent stock market volatility in China is natural and risks are controllable, […]
The government has paid Rs 4.1 crore to the State Bank of India (SBI) as a commission for the selling of election bonds to political party donors over 13 stages. This is in addition to the Rs 1.86 crore spent on bond printing. According to the SBI, the total commission owed by the government to […]
The fiscal year 2021 will soon end and therefore the Covid-related exemptions, provided by market regulator SEBI, include the promoter’s relief on open offers and the easing of IPO rules that have helped raise money amid the financial crisis caused by the lockdown. Analysts believe that the exemption has achieved its goal and should end […]
Apple and Epic are getting closer to their much-anticipated Fortnite trial, and they plan to call some of their top executives to testify in person. The case involves a dispute over Apple’s ownership of its App Store between the developer of one of the world’s most popular video games and the world’s most influential mobile […]
Britain has warned the European Union against halting the export of AstraZeneca’s COVID-19 vaccines while saying that this move would be counterproductive. The Defence Secretary of the UK, Ben Wallace, said that the world is watching how European Union handles the shortfall of promised vaccine deliveries. The EU Chief Ursula von der Layen has warned […]
The number of people allowed to enter the country is no longer limited, and the entry quota system has been abolished in Israel, according to the Jerusalem Post. During the Covid-19 pandemic, the Israeli government on Saturday lifted the daily limit of 3,000 passengers entering the country while also approving new rules for arrivals and […]
The US Secretary of Defense, Lloyd Austin has stated at end of three-day visit to India in a press conference in Delhi and he discussed about human rights and minorities with Indian officials. When asked if he had spoken with Prime Minister Narendra Modi about the issue of human rights, the US Defense Secretary Lloyd […]
Schools in Chhattisgarh have been closed again due to rising pandemic situation in India. The Cases have rise to such an extent that there might be a possibility of lockdown again all over India. Bhupesh Baghel government in Chhattisgarh said that all the students except the 10 and 12 standards would be promoted to next […]
IndiaLends, a digital lending platform based in the Delhi NCR, announced on Friday that it had raised $5.1 million from existing investors ACP Partners and DSG Consumer Partners. According to the official statement, the funds will be used to extend the company’s technology platform, expand its market footprint, and broaden its product offerings in order […]