Indian state fuel retailers' gasoline sales exceeded pre-pandemic levels in the first fortnight of July, as motorists took back to the roads after states eased COVID-19-related lockdowns.
Automotive Transformation Group intends to be a key player in the global automotive digital retail landscape, the company said.
As states start to ease lockdown restrictions with declining number of daily Covid-19 cases, companies are hopeful of better performance in the next six to 12 months, according to a joint survey conducted by FICCI and Dhruva Advisors.
The power plant is scheduled to be commissioned in November 2022
This new name and new visual identity embody the course TotalEnergies has resolutely charted for itself: that of a broad energy company committed to producing and providing energies that are ever more affordable, reliable and clean, the statement said.
The ruling by Vice Chancellor Joseph Slights Jr. came in response to a motion to compel filed on behalf of shareholders who have accused Musk and Tesla's board of directors of breaching their fiduciary duties
Companies that have announced closures include Toyota, Maruti Suzuki, Hero Moto and Honda Motorcycles and Scooter India (HMSI), while those that have reduced output are understood to include Havells, Nippon Paints, Panasonic, Mercedes-Benz, Mahindra & Mahindra (M&M), LG (Pune factory) and Tata Motors.
Top oilfield services firm Schlumberger NV has named new executives to energy transition units
The rerouted section - running 48 km - was constructed at a cost of Rs 450 crore and was inaugurated by BPCL Director, Marketing and Refineries, Arun Kumar Singh, according to an official spokesperson.
The pandemic has impacted the working capital management for companies and stretched top-500 listed companies' cash cycles by six days, a study by a consultancy firm said on Monday.
Established in 2016, Fuel Buddy is a pioneer in the fuel delivery industry in India.
The funding surge is happening as Bitcoin hits record highs, and with companies such as Tesla diving into the currency.
OIL bought a 54.16 per cent stake to raise its shareholding in the refinery to 80.16 per cent, the company said in stock exchange filings.
Following reports that several firms were getting investors to park funds in cryptocurrency, the government has ordered firms to disclose investments and trades in them. If it does not ban it, the government can tax cryptocurrencies either under GST or income-tax heads
The government has ordered companies to disclose the details of investments and trades in cryptocurrency/virtual currency in financial statements. The move is part of the government’s efforts to assess the scale of such transactions and keep tabs on entities seeking to lure investors by promising high returns.
Brace for a hike in car and two-wheeler prices from next month. This will be the second hike after a similar exercise in January as companies grapple with rising commodity and metal costs amid a global shortage of supplies.
Of the total investment made by Indian companies in foreign markets, USD 1.36 billion was in the form of loan; USD 297.37 million comprised as equity investment and the rest of USD 183.82 million was by way of issuance of guarantee, according to the RBI data on OFDI - February 2021.
According to the survey, more than 1,000 companies out of 1,200 companies surveyed in India are likely to hand out salary hikes this year even as companies recover from the pandemic shock.
"Average increment for companies in India is expected to go up to 7.3 per cent from 4.4 per cent in 2020. This 7.3 per cent projected increment is lower than the 8.6 per cent average increment in 2019.
EIL will hold a minority share in the consortium while OIL will be the leader.
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Vaibhav Udaykumar Vinzanekar | Unlock to View | Unlock to View | Director | 28 Sep,2007 |
| Udaykumar Govindrao Vinzanekar | Unlock to View | Unlock to View | Director | 21 Feb,1997 |
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