12 firms fined $7.5 million for price fixing over Samsung’s chip system bids
Seoul, June 2 - The country’s antitrust regulator said on Sunday it has decided to impose a combined 10.46 billion won ($7.55 million) in fines on 12 domestic companies for colluding to fix bidding prices over a semiconductor monitoring and control system by
SK Group chairman’s $1 billion divorce suit to affect conglomerate’s governance
Seoul, June 2 - The "most expensive divorce suit" in South Korea's history between SK Group’s Chairman Chey Tae-won and his estranged wife, Roh So-young, is feared to affect Chey's grip on SK Group's governance as questions arise over how he can pay
GST collection for May at Rs 1.73 lakh crore, up 10 per cent YoY
New Delhi, June 1 - The Goods and Services Tax (GST) collections for May came in at Rs 1.73 lakh crore, a 10 per cent growth (year-on-year), driven by a strong increase in domestic transactions and slowing of imports, the Centre said on
PF members can update or correct their profile data online: EPFO
New Delhi, June 1 - The Employees' Provident Fund Organisation (EPFO) on Saturday said that PF members can now request a change or rectification in their data online and upload the relevant prescribed documents.
Black Box Limited announces financial results for Q4 and FY24
Mumbai, June 1 - Black Box (BSE: 500463) (NSE: BBOX), a leading IT solutions provider, announced its results for the quarter and year ended 31st March 2024.
WhatsApp bans over 71 lakh accounts in India in April
New Delhi, June 1 - Meta-owned WhatsApp on Saturday said it banned more than 71 lakh accounts in India in the month of April for violating the laws of the land.
Maruti Suzuki’s sales decline by 2 pc in May
New Delhi, June 1 - Leading automaker Maruti Suzuki, on Saturday, reported sale of 1,74,551 units in May, down by 2 per cent (year on year) from 1,78,083 units in the same period last year.
39 Indian startups secure over $387 million this week amid volatility
New Delhi, June 1 - Funding in the Indian startup ecosystem continued unabated this week despite volatility in stock markets over weak global cues.
Kia India reports 3.9 pc sales growth in May, surpasses 2.5 lakh export milestone
New Delhi, June 1 - Kia India on Saturday said it has registered the sale of 19,500 units in May, a growth of over 3.9 per cent (year-on-year) compared to 18,766 units in the corresponding month of the last year.
Certificates from accredited driver training schools don’t exempt from driving test requirements: Centre
New Delhi, June 1 - The Centre on Saturday clarified reports in some sections of the media on Accredited Driver Training Centers (ADTC) and driving schools, saying that there will not be any changes from June 1 to the existing rules.
Kia India reports 3.9 pc sales growth in May, surpasses 2.5 lakh export milestone
New Delhi, June 1 - Kia India on Saturday said it has registered the sale of 19,500 units in May, a growth of over 3.9 per cent (year-on-year) compared to 18,766 units in the corresponding month of the last year.
Ola Electric logs 49 per cent share in electric 2-wheeler market in May
Bengaluru, June 1 - Ola Electric, on Saturday, said that it has captured 49 per cent market share in the electric two-wheeler (2W) segment in May, with 37,191 registrations (as per government’s Vahan portal) riding on its S1 scooter portfolio.
Mahindra and Mahindra SUV sales up 31 pc in May
New Delhi, June 1 - India's leading auto company, Mahindra and Mahindra (M&M) announced its overall sales figure (including commercial and passenger) for May 2024.
Zoho invests in 2 Indian manufacturing startups to create jobs in rural areas
New Delhi, June 1 - Cloud software major Zoho on Saturday said it has invested an undisclosed amount in manufacturing startups Karuvi and Yali Aerospace which would create jobs in smaller towns and villages.
SpaceX will enable anyone to travel to Moon, Mars: Elon Musk
New Delhi, June 1 - SpaceX will enable anyone to go to space and even travel to the Moon and Mars, in the future, its CEO Elon Musk said on Saturday.
BCGCL floats tender for Rs 1,1782cr coal gasification project in Odisha
New Delhi, May 31 - Bharat Coal Gasification & Chemicals Limited (BCGCL), a joint venture company of Coal India Ltd and BHEL has floated a tender for the selection of an LSTK-2 (lump sum turnkey) to start work on a portion of its
Commercial LPG gas cylinder gets cheaper by Rs 69.50 in Delhi
New Delhi, June 1 - Oil marketing companies reduced the price of 19 kilograms of commercial LPG gas cylinders on Saturday.
‘Historic’ multi-million euro fine slapped on low-cost airlines in Spain
Madrid, May 31 - The Spanish government has imposed fines totalling over 150 million euro ($163 million) on four low-cost airlines for charging an additional fee for hand luggage and other practices deemed unlawful.
Surge in manufacturing sector highlights Modi govt’s efforts: FM Sitharaman
New Delhi, May 31 - Finance Minister Nirmala Sitharaman said on Friday that India’s GDP data showcases robust economic growth, which is the highest among the major economies of the world.
ICRA upgrades Adani Total Gas to ‘AA’ with stable outlook
Ahmedabad, May 31 - Global credit rating agency ICRA on Friday upgraded the rating of Adani Total Gas Ltd (ATGL) to "AA" from "AA-" with a stable outlook.