Government extends productivity-linked reward scheme for major port employees
"PLR will be calculated on the existing wage ceiling for calculation of bonus at Rs 7,000 per month. This scheme is fostering better industrial relationship and congenial work atmosphere in the port sector, apart from stimulating better productivity," the release said.
RIL aims to launch waste plastic product for road construction
RIL is in talks with state governments and local bodies across the country for...
Godrej Consumer Products Q3 profit up 5% at Rs 445 crore
Total income during the quarter stood at Rs 2,801.57 crore, down 2%.
Escorts Q3 profit rises 9% to Rs 153 crore
Revenue from operations declined to Rs 1,633.4 crore.
India’s crude steel production went up by 1.8 per cent in 2019
Within Asia, India and China were the two countries which posted improvement in steel output during the calendar year 2019. China’s crude steel production in 2019 reached 996.3 mt, up by 8.3 per cent over 2018.
BYPL, Schneider Electric sign MoU for safety & home automation products
The partnership envisages to make electricity usage safer, smarter and sustainable using technology and creating awareness. This will be accomplished through two programs and working closely with the Resident Welfare Associations (RWAs), Industrial Welfare Associations and nominated local electricians in East and Central Delhi, an official statement said.
Local supply shortage limits Virus-induced rubber price fall
International rubber prices of sheet variety RSS-3 are down by more than 5%.
Coronavirus outbreak may disrupt Apple's iPhone production ramp up plans-Nikkei
As coronavirus outbreak spreads across China, the Nikkei Asian Review reported a possible roadblock in iPhone production. Apple Inc has asked its suppliers, many of whom have manufacturing centers in China, to make up to 80 million iPhones in the first half of 2020.
Nissan to launch one new product every year to grow volumes
First off the block will be a compact sports utility vehicle, which will be launched in the first half of the year. The company will gradually seed more products under the Nissan badge, which will serve as the primary one for the company in the local market. The company would work at strengthening value proposition of products under the Datsun brand.
View: The Budget should keep up spending while directing it to productive areas
This year, it is widely believed that the fiscal deficit will exceed its target of 3.3% of GDP due to the shortfall in revenue collection. The question is, at what level should it be set for the coming fiscal year 2020-21? CII believes this is not the time for belt tightening or fiscal consolidation, in view of the economic slowdown.
Product-driven teams require tech to be embedded in their way of thinking: Lori Beer, CIO, JP Morgan Chase
The way we work is changing into much more agile, product-driven teams and that requires technology to be deeply embedded in our way of thinking.
India & Russia explore joint development of IT products; AI solutions
This was discussed when Ajay Sawhney, Secretary, MEIT recently visited Moscow, ET has learnt. Sawhney met Mikhail Mamonov Deputy Minister of Digital Development, Communications and Mass Media of the Russian Federation.
NCML releases first estimate of rabi crop, indicates record food grain production
Rabi season which contributes to nearly 50% of the food grain production starts from November and lasts till April of the following year. The monsoon season of 2019 witnessed 10% above normal rainfall. The actual cumulative monsoon rainfall was 968 mm which was higher than the normal level of 880.6 mm.
Govt pegs 7 per cent rise in onion output this yr; sees production fall in major fruits
Besides onion, production of potato -- another important kitchen staple -- is estimated to rise to 51.94 million tonne this year from 50.19 million tonne last year, while tomato production is also pegged slightly higher at 19.32 million tonne as against 19 million tonne in the said period. The ministry has projected marginal drop in production of beans, parwal, pumpkin and tapioca this year.
MG Motor India eyes increasing production of SUV Hector by up to 30%
MG Motor India plans to increase production of its SUV Hector by around 30 per cent after BS-VI emission norms come into effect from April 1, according to a senior company official.
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