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Manufacturing PMI rises to 53.7 in September  India’s manufacturing activity expanded for the third straight month in September. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) stood at 53.7 in September, compared with 52.3 in August. Companies benefited from strengthening demand conditions amid the easing of Covid-19 restrictions. However, the increase in fuel, raw […]
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Bharti Airtel conducts cloud gaming session on 5G trial network Bharti Airtel has successfully conducted India’s first cloud gaming session in a 5G environment. The demonstration was conducted in Manesar, Gurgaon, as part of the ongoing 5G trials using spectrum allotted by the Department of Telecommunications (DoT). Cloud gaming enables users to stream and play […]
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Zydus Cadila’s ZyCoV-D gets emergency use authorisation in India The Subject Expert Committee (SEC) of Central Drugs Standard Control Organisation (CDSCO) has recommended the Emergency Use Authorization (EUA) for Zydus Cadila’s Covid-19 vaccine, ZyCoV-D, in India. The three-dose vaccine is applied using a needle-free system known as Tropis, which can also lead to a significant […]
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Report of NSDL freezing accounts of FPIs are erroneous: Adani Group In a filing to the stock exchanges, the Adani Group clarified that reports of the National Securities Depository Ltd (NSDL) freezing the accounts of three foreign portfolio investors (FPIs) are “blatantly erroneous”. They stated that the report was meant to deliberately mislead the investing […]
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Manufacturing PMI remains steady in April Manufacturing activity in India remained steady in April despite the devastating surge in Covid-19 cases amidst the second wave. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) stood at 55.5 in April, compared with 55.4 in March. This is the eighth straight month that PMI has remained in […]
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Tata Motors’ shareholders approve hiving off PV business into new entity Tata Motors Limited announced that its shareholders have approved the separation of its passenger vehicle (PV) business into a new entity. On March 5, the shareholders of the company voted to consider and approve the transfer of the PV business unit to TML Business […]
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Amazon moves Supreme Court against Future-Reliance Retail deal Amazon.com, Inc has moved the Supreme court against the Rs 24,713 crore deal between Future Retail and Reliance Retail. Recently, a special bench of the Delhi High Court dealt a blow to the US firm by revoking a previous court decision that effectively blocked the deal. The […]

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