Saturday , October 16 2021

BUSINESS

UN, World Bank, IMF in need of urgent reforms: FM Nirmala Sitharaman

Image Source : PTI Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman Institutions such as United Nations, World Bank and International Monetary Fund need to be urgently reformed as they no longer speak for countries whose issues have remained unattended to for decades, Finance Minister Nirmala Sitharaman said. All ...

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Tata Motors to raise USD 1 billion for its passenger electric vehicle business

Image Source : PTI (FILE/CROPPED) Tata Motors to raise USD 1 billion for its passenger electric vehicle business Automobile manufacturer Tata Motors on Tuesday entered into a binding agreement with TPG Rise Climate to raise $1 billion for its newly-incorporated subsidiary dealing with the passenger electric vehicle (EV) business. TPG ...

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India’s August industrial production rises to four-month high, output higher by 11.9% YoY

Image Source : PIXABAY India’s August industrial production rises to four-month high, output higher by 11.9% YoY Low base effect, along with a rise in demand, pushed India’s industrial output higher by 11.9 per cent in August, on a year-on-year basis. The Index of Industrial Production (IIP) for August rose ...

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Indigo Airline-backed hotel chain Ibis opens ‘Mumbai Vikhroli’ with ‘Aamchi Mumbai’ as theme

Image Source : IBIS Indigo Airline-backed hotel chain Ibis opens ‘Mumbai Vikhroli’ with ‘Aamchi Mumbai’ as theme  Ibis has launched its third and the largest hotel worth Rs 230 crore in India. It is the 20th property for the economy brand from the Accor portfolio. The new hotel is located in ...

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