India’s listed public sector undertakings (PSUs) continue to be laggards on the bourses, despite a strong rally in the broader markets since March last year. The BSE PSU index has gained 29 per cent since March 2020, against a 61 per cent rally in the Sensex. Read more
Amazon under Enforcement Directorate lens over FDI rule breach
The Enforcement Directorate (ED) has registered a case against e-commerce major Amazon
for allegedly violating some provisions of the foreign exchange law linked to multi-brand retail. Read more
Explained: How the iconic motorcycle Royal Enfield is getting personal
A modern classic, yet retro looking, the Enfield’s basic form remains fairly simple and lends itself well to customisation. Besides, its easy-to-work-with and easily available components make it a motorcycle that can be turned around within a day without changing its structure or engineering. Read more
After R-Day violence, farmers call off march to Parliament on February 1
A day after the tractor parade to Delhi spiralled into chaos and violence, farmer unions cancelled their planned foot march to Parliament on February 1 when the Budget would be presented in the House.
Farmers protesting the new farm laws would instead hold public meetings and a hunger strike on January 30, on Mahatma Gandhi’s death anniversary. Read more
Discoms should be consumer-centric, bring more pvt investment: House panel
A parliamentary consultative committee for the power sector has suggested increased private participation in the distribution segment, along with direct benefit transfer (DBT) of electricity subsidy, to improve the financial health of the sector. Read more
Reliance Jio looks beyond mobile operations to monetise digital platforms
With subscriber additions slowing, the price-competitive player is looking beyond its mobile operations to monetising its digital platforms. But that's where the competition is acute. Read more
Reckitt Benckiser leads Rs 45 crore investment in Bombay Shaving Company
Reckitt Benckiser, the British multinational consumer goods company, has led a strategic investment round of Rs 45 crore in Visage Lines Personal Care Pvt. Ltd., the owner of the personal care brand Bombay Shaving Company
(BSC). Read more
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