Category: Economy & Finance News

Zero tolerance on safety: Take action against truant EV-makers & overhaul the entire vehicle testing system

Just about a fortnight after industrialist Rajiv Bajaj blamed the policy environment for encouraging “upstart” electric vehicle (EV) players who failed to ensure necessary quality checks leading to multiple instances of two-wheelers catching fire, a probe panel set up by the government seems to have validated his observations. The expert committee has

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Covid-19: Centre asks states, Union Territories to screen 2% passengers from each incoming flight through RT-PCR test

With India consistently reporting more than 10,000 Covid cases over the past few days, the Centre Wednesday asked states and Union Territories to ensure a random RT-PCR screening of about two per cent passengers in each incoming flight, and send all positive specimens for genomic sequencing. Union Health Secretary Rajesh Bhushan issued the advisory through a

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B2B startup Udaan lays off 180 employees

Tencent-backed Udaan has laid off 180 employees in a move to “reinvent its business model and keep up with changing market conditions”, a source told FE. The business-to-business (B2B) trade platform sacked staff across teams such as sales and on-field executives. It, however, said it was extending medical insurance and other benefits to the employees

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Book Review – The Ambuja Story: How a Group of Ordinary Men Created an Extraordinary Company By Narotam Sekhsaria

By Nupur Pavan Bang Book: The Ambuja Story: How a Group of Ordinary Men Created an Extraordinary CompanyAuthor: Narotam SekhsariaPrice: 699/-Pages: 368Year: 2022Publisher: Harper Business, India Efficiency is the name of the game: Once upon a time, there was a boy, named Narotam. He was born in a Marwari family in Chirawa, Rajasthan. His family took him to

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Markets rise for the second day

Benchmark indices rose for the second straight day on Tuesday, as investors lapped up beaten down quality stocks on firm global cues. Softening crude oil prices further boosted the investor sentiment. Barring China, most Asian indices gained in Tuesday’s trade, with Taiwan TAIEX and Hang Seng climbing 2.4% and 1.9%, respectively. While the Nikkei 225 gained

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