Sunday, Oct 17 2021 | Time 21:36 Hrs(IST)
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Business Economy


RIL acquires stake in Uruguay based Dreketi

Mumbai, Dec 8 (UNI) Mukesh Ambani Controlled Reliance Industries (RIL) has acquired stake in a newly incorporated entity Dreketi S.A. in Uruguay (Dreketi).
Consequentially, Dreketi has become wholly-owned subsidiary of the company, company said in afiling with BSE.
Currently, Dreketi is not engaged in any business activity. This is a part of company's plan to strengthen its marketing efforts in Latin American region.
UNI JS SM1330
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Fuel prices hiked for 4th consecutive day

Fuel prices hiked for 4th consecutive day

17 Oct 2021 | 9:52 AM

New Delhi, Oct 17 (UNI) Fuel prices rallied to their highest ever level as oil marketing companies increased prices of petrol and diesel on Sunday.

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Air India asked to restrict expenses, no fresh contract without prior approval

Air India asked to restrict expenses, no fresh contract without prior approval

16 Oct 2021 | 6:53 PM

New Delhi, Oct 16 (UNI) Air India Chairman and Managing Director (CMD) Rajiv Bansal has asked airline directors and department heads to restrict all expenses to the business continuity in view of the disinvestment process which is in final stages.

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Q2 results: HDFC Bank reports 17 6% jump in net profit

16 Oct 2021 | 6:11 PM

New Delhi, Oct 16 (UNI) Private lender HDFC Bank on Saturday reported a net profit of Rs 8,834.3 crore, an increase of 17.6 per cent over the quarter ended September 30, 2020.

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Engineering exports promotion body to encourage small firms in tier-II, III towns to join exports bandwagon

16 Oct 2021 | 4:58 PM

New Delhi, Oct 16 (UNI) Seeking to increase country's share in the global trade pie, Engineering Export Promotion Council (EEPC) of India on Saturday said that it would expand its presence in tier-II and III cities and encourage small firms to join the global value chain and production networks.

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Port connectivity, expansion projects to be part of PM Gatishakti, says Sonowal

16 Oct 2021 | 4:43 PM

New Delhi, Oct 16 (UNI) Port connectivity and expansion projects along with the inland waterways and coastal shipping projects will be part of the PM Gatishakti initiatives, Minister for Ports, Shipping and Waterways Sarbananda Sonowal said on Saturday.

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