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Remove tags to get more women in workforce, says Tata Sons Chairman

Remove tags to get more women in workforce, says Tata Sons Chairman

Tags need to be removed to get more women into India's workforce, Tata Sons Chairman, N Chandrasekaran said.

There are lots of 'tags' in India such as 'women cannot do this (kind of jobs); this is only for men,' and all of them have to be removed, he said. "There is a possibility of creating platforms for SMEs, there is a possibility of getting (more) women into workforce," Chandrasekaran said.

Disappointing revenue growth hits Google parent Alphabet shares in Q4

Disappointing revenue growth hits Google parent Alphabet shares in Q4

Google parent Alphabet on Monday saw disappointing revenue growth in the fourth quarter, sending shares lower even as profits topped most forecasts.

Detailing its cloud computing and YouTube revenues for the first time -- both of which showed sharp gains -- it said profits rose 19 percent from a year ago in the quarter to nearly $10.7 billion as revenues increased 17 percent to $46 billion.

Reliance Industries, BP shut down D1/D3 gas field in KG-D6 block

Reliance Industries, BP shut down D1/D3 gas field in KG-D6 block

The joint venture (JV) of Reliance Industries (RIL) and BP on Monday said it had completed the cessation of production at D1/D3 fields in the KG-D6 block.

The fields were India’s first deepwater gas field, which started production in April 2009. The fields were expected to cease production in 2015. But the company made specific investments to extend thier lives.

AirAsia CEO Tony Fernandes, chairman quit over Airbus bribery scandal

AirAsia CEO Tony Fernandes, chairman quit over Airbus bribery scandal

Two AirAsia chiefs will step aside for at least two months as authorities and the airline look into claims that aerospace giant Airbus paid the company USD 50 million to secure a plane order.

Airbus said last week it had agreed to set aside up to 3.6 billion euros to settle a corruption probe by authorities in France, Britain and the United States.

Government to release all due GST compensation to states in two installments

Government to release all due GST compensation to states in two installments

Two days after releasing the GST collections data for January, the Centre on Monday announced that it will release all due GST compensation to states.

Union Minister of State for Finance and Corporate Affairs Anurag Thakur made the announcement in Lok Sabha MPs from Telangana and Odisha complained during Question Hour that their states were not getting the share of the Goods and Services Tax (GST) and Integrated Goods and Service Tax (IGST).

Amara Raja Batteries soars 6% on good Q3 operational performance

Amara Raja Batteries soars 6% on good Q3 operational performance

Shares of Amara Raja Batteries rallied 6 per cent to Rs 791 on the BSE on Monday after the company reported a good operational performance in December quarter (Q3FY20). The stock of the auto ancillary company was quoting close to its 52-week high level of Rs 814, touched on Thursday, January 27, 2020.

The company’s earnings before interest, tax, depreciation and amortisation (Ebitda) margins expanded 130 basis points (bps) year-on-year (YoY) to 16.2 per cent, driven by lower raw material costs and impacted by higher-than-expected other costs.

TCI Express hits all-time high, surges 26% in 10 days

TCI Express hits all-time high, surges 26% in 10 days

Shares of TCI Express hit a new high of Rs 925, up 6 per cent on the BSE on Monday in an otherwise subdued market after Finance Minister Nirmala Sitharaman on Saturday proposed to set up Kisan Rail in public-private-partnership (PPP) mode for cold supply chain to transport perishable goods.

TCI Express is a prominent player in the express logistics industry providing Door-to-Door express distribution services.

In a major bureaucratic reshuffle, 50 IAS officers transferred in Telangana

In a major bureaucratic reshuffle, 50 IAS officers transferred in Telangana

In a major bureaucratic reshuffle in Telangana, as many as 50 IAS officers, including Collectors, have been transferred.

Chief Electoral Officer Rajat Kumar has been posted as Principal Secretary to Irrigation and Command Area Development Department, a government order (GO) issued on Sunday.

India's electricity supply rises 3.25% in Jan after 5 months of decline

India's electricity supply rises 3.25% in Jan after 5 months of decline

India's electricity supply rose 3.25 per cent during the month of January after five straight months of decline, provisional government data showed, in a relief for power producers.

Power supply rose to 106.36 billion units in January, up from 103.01 billion units last year, an analysis of daily load despatch data from state-run Power System Operation Corp Ltd (POSOCO) showed.

Ashok Leyland sales slump 40 per cent in January to 11,850 units

Ashok Leyland sales slump 40 per cent in January to 11,850 units

Hinduja group flagship firm Ashok Leyland on Monday reported 39.9 per cent decline in total vehicles sales at 11,850 units in January.

The company had sold 19,741 units in the same month last year, Ashok Leyland said in a regulatory filing.

Total domestic vehicles sales stood at 10,850 units in January against 18,533 units in the year-ago period, registering a decline of 41.4 per cent.

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