Business

Coal India Limited (CIL) to close fiscal with 120 million tonnes of coal offered under e-auction mode

Coal India Limited (CIL) will close the current fiscal with 120 million tonnes of coal offered under the e-auction mode, the highest ever amount auctioned…

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Exim Bank’s $ 1bn bonds sold in 3 hrs

With a $1-billion fund-raise by issuing 10-year bonds, Exim Bank has raised the first foreign borrowing of  2021. The bank, which is rated on a par…

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Services sector hit by rising costs and Covid-19

For the second time in a row, the growth of the service sector fell in December. It was in addition to a spike in costs and Covid-19 cases and global…

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Govt initiates process to introduce pan-India network of seaplanes

In a major boost to easier connectivity to remote locations and tourism, the Union government is initiating the process to launch seaplane services…

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Lendingkart’s revenues grow to Rs. 10. 95 crore, losses grow in 65 pc in FY20; losses grew 20 pc

Small business lender Lendingkart, that provides working capital loans and business loans, has reported a 20.2 per cent increase in standalone revenue…

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Film exhibitors looking for fresh content to pull in crowds to theatres

With viewers more than willing to catch a movie at the theatres now, film exhibitors are showing the need of a fresh line-up of content to draw more…

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Car maker charters three flights to airlift raw materials and parts from the S-E Asian countries to its Chennai plant

One of the country's largest car maker (name kept a secret) had to charter three flights in the last 2-3 months to airlift raw materials and parts…

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Manufacturing activity in December remains strong as new orders rise

As manufacturers stepped up their production and new orders continued to come in, activity in the country’s manufacturing sector remained stable in…

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