Business

Adani fails to keep Sep 1 date with Vizhinjam port


Adani Vizhinjam Port Private Ltd (AVPPL) had on December 5, 2015 targeted September 1, 2018 to finish the first phase of the Kerala port. Adani had said it would be operational in 1,000 days, which was Saturday. The then Oommen Chandy government had inked the 2015 agreement for the international multi-purpose deepwater seaport project...

Huawei sells 10 mn P20 series smartphones globally


Huawei P20 Pro and P20 were the world's first devices to receive a triple-digit score by DxOMark -- the industry standard for camera and lens image quality measurements and ratings. Priced at Rs 64,999, P20 Pro comes with an Artificial Intelligence (AI)-powered triple rear camera system. Even today, the Huawei P20 Pro remains at...

Chinese patients to get cheaper cancer drugs from Sep


The drugs are all crucial in dealing with haematological neoplasms and solid tumours, and have great clinical value and huge benefits for patients, the National Healthcare Security Administration said. It asked pharmaceutical companies to adhere to the price cut in line with the lowered procurement prices of these drugs, Xinhua news agency reported. A...

‘Interesting possibilities for new business ventures in China’


There are interesting possibilities for developing partnerships and a willingness to cooperate with Italy and with Italian firms, Tria tweeted on Friday. Italy sets great store on collaborating with Chinese towns and cities, Tria underlined in the tweet, which he published after meetings on Friday with the Mayor of Shanghai Ying Yong and...

Adani fails to keep Sep 1 date with Vizhinjam port


Adani Vizhinjam Port Private Ltd (AVPPL) had on December 5, 2015 targeted September 1, 2018 to finish the first phase of the Kerala port. Adani had said it would be operational in 1,000 days, which was Saturday. The then Oommen Chandy government had inked the 2015 agreement for the international multi-purpose deepwater seaport project...

India can take forward trade reforms in service sector: Puri


He was speaking at the launch of a book titled Negotiation Dynamics of the WTO, An Insider's Account, written by Dr Mohan Kumar, Professor at O.P. Jindal Global University (JGU), at India International Centre in New Delhi. Puri pointed out that trade strategies of countries evolve as their economic structures change. He gave...

India can take forward trade reforms in service sector: Puri


He was speaking at the launch of a book titled Negotiation Dynamics of the WTO, An Insider's Account, written by Dr Mohan Kumar, Professor at O.P. Jindal Global University (JGU), at India International Centre in New Delhi. Puri pointed out that trade strategies of countries evolve as their economic structures change. He gave...

India’s April-July fiscal deficit at 86.5% of annual target


New Delhi, Aug 31: India's budgetary fiscal deficit for April-July in the current fiscal at Rs 5.40 lakh crore touched 86.5 per cent of the full year's target of Rs 6.24 lakh crore, official data showed on Friday.Data furnished by the Controller General of Accounts (CGA) showed that the fiscal deficit during...

Weak rupee depress equity indices


Mumbai, Aug 31: The key Indian equity indices closed in the red on Friday owing to a weak rupee along with a declining trend in global indices.At 3.30 p.m., the Nifty50 on the National Stock Exchange (NSE) provisionally closed at 11,673.90 points, lower by just 2.90 points or 0.02 per cent from...