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We must continue trade with China: Rajiv Bajaj

Halting imports suddenly is like cutting your nose to spite your face: Bajaj Auto MD Favouring continuation of trade with China, Bajaj Auto Managing Director Rajiv Bajaj on Saturday said goods should be procured from wherever they are most competitively available. He was speaking at a session on ‘Building a reliable supply chain’ at the second day of the three-day […]

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Texas power market is short $2.1 billion in payments after freeze

Texas AG Ken Paxton on Utah trip Texas Attorney General Ken Paxton argues algorithms compiling negative stories about his trip to Utah are part of a larger issue with Big Tech. The financial consequences of the Texas blackouts are beginning to emerge in the state's electricity market, with some players failing to pay for power they purchased last week and […]

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Hyundai starts $900M recall on battery systems in electric cars

Eventually there will be more EV charging stations than gas stations: Blink CEO Blink Charging founder and CEO Michael Farkas discusses the future of the electric vehicle and charging industry, which includes portable car chargers. SEOUL – Hyundai Motor Co will replace battery systems in some 82,000 electric vehicles globally due to fire risks – a costly $900 million recall […]

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Maruti Suzuki drives in new Swift at ₹5.73 lakh

Maruti Suzuki on Wednesday announced the launch of all-new Swift 2021, with price starting from ₹5.73 lakh and going up to ₹8.41 lakh (ex-showroom Delhi). “Since its launch in 2005, Swift has revolutionised the premium hatchback segment in India. Swift with its sporty performance, upright stance and unmistakable road presence emphasizes individuality that stands out from the crowd. This ‘coming […]

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Pharma exports to Arab nations cumbersome, says Sanjay Bhattacharyya

India for trade beyond hydrocarbons India has urged Arab countries to make it easier to export pharmaceutical products to the region and asked them to tap Indian farms to secure food supplies, as it seeks to diversify the $160 billion trade basket with the Arab bloc beyond hydrocarbons. “Indian pharma products enjoy great credibility around the world, [but] we do […]

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Daily Mail And General To Sell Hobsons In Two Separate Deals For Total $410 Mln

Daily Mail and General Trust plc (DMGT.L) announced Friday that it has agreed the sale of Hobsons, its EdTech business, in two separate transactions, for total proceeds of approximately $410 million. Hobsons’ Naviance and Intersect businesses will be sold to US-based PowerSchool, a provider of K-12 education technology solutions, for approximately $320 million, and are expected to be part of […]

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Piramal group gets RBI nod for DHFL acquisition

The resolution plan was approved by the CoC in its 18th meeting concluded on January 15, 2021 Piramal Group on February 18 said the Reserve Bank of India (RBI) is understood to have cleared the resolution plan for debt-ridden DHFL as approved by the Committee of Creditors (CoC). The CoC had approved a resolution plan submitted by a Piramal Group […]

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Texas power consumers to pay the price of winter storm

Fox Business Flash top headlines for February 17 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Texas residents suffering a winter storm that has left millions without power are set to face a future challenge in higher utility bills, after the days-long cold snap put an unprecedented strain on the state's power network. Continue Reading […]

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Biden ‘destroying thousands of good-paying energy jobs’: Former White House adviser

Biden’s ‘climate regulation agenda’ will ‘handicap every sector,’ Stephen Miller warns Former White House adviser Stephen Miller warns President Biden’s climate change executive actions will raise the price of energy over time for every household in America ‘and make our economy less globally competitive.’ Former White House adviser Stephen Miller warned on Wednesday that President Biden is “destroying thousands of good-paying […]

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Jungo TV bets on free content

To unveil video streaming app Jungo+ in India this month. American media and entertainment firm Jungo TV, which plans to bring its video streaming application Jungo+ to India this month, is looking to leverage ad-supported, free, niche content to compete in the market that already has about 40 players. The company has also set a roadmap to export Indian content, […]

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