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India’s manufacturing PMI rises to 57.6 in November  India’s manufacturing activity expanded for the fifth straight month in November. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) stood at 57.6 in November, compared to 55.9 in October. Factory orders rose at the fastest pace since February. Strong demand led to higher production volumes, and […]
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India to export 8 million Covid-19 vaccine doses in October India will export eight million Covid-19 vaccine doses by the end of October after ending its ban on sending doses abroad. Prime Minister Narendra Modi has promised to resume exports of vaccines at a meeting of the ‘Quad’ leaders, as India, Japan, Australia, and the […]
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Cadila Healthcare to supply 1 crore doses of Covid-19 vaccine next month: Report According to a report from Mint, Cadila Healthcare Ltd will supply 1 crore doses of its Covid-19 vaccine ZyCoV-D in October 2021. The vaccine has received approval to be administered to adolescents between the ages of 12 and 18. ZyCoV-D is the […]
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HPCL to acquire SP Group’s share in Gujarat LNG terminal JV Hindustan Petroleum Corporation Ltd (HPCL) has entered into a share purchase agreement with SP Ports Private Ltd (SPPPL) to acquire a 50% stake in its joint venture (JV)— HPCL Shapoorji Energy Private Ltd (HSEPL). HSEPL is in the course of developing a 5 million […]
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India’s manufacturing PMI falls marginally in February India’s factory activity expanded for the seventh straight month in February, driven by strong demand and increased output. The IHS Markit Purchasing Managers’ Index (PMI) for India’s manufacturing sector eased slightly to 57.5 in February from 57.7 in January. Last month, firms responded to rising production needs by […]
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Protesting farmers damage more than 1,400 Jio towers in Punjab Farmers and support groups protesting against the Government’s new farm laws have damaged around 1,450 mobile towers of Reliance Jio in Punjab. More than 176 signal transmitting sites were vandalised in 24 hours on Sunday alone. The mobile and internet services of the company have […]
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Reliance Industries to buy IMG Worldwide’s stake in sports management JV Reliance Industries Limited (RIL) will be increasing its stake in IMG-Reliance Ltd, by buying out IMG Worldwide LLC from the sports management business. The transaction will cost RIL not more than Rs 52.08 crore. IMG-R will become a wholly-owned subsidiary of the company and […]

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