Ikea crosses RS 400-crore sales mark in first year

MUMBAI: The world’s biggest furniture retailer Ikea sold goods worth about Rs 2 crore every day on an average in its first year of operations, crossing Rs 400 crore in FY19 total revenue...

Fossil fuel lobbyists push to dilute EU anti-greenwash plan

Fossil fuel lobbyists are trying to water down planned EU rules to stop “investment greenwashing’ by setting science-based criteria for any investment which lays claim to being environmentally sustainable. A report from lobbyist watchdog...

Frozen dessert manufacturers insist they should be allowed to label their products as ice-cream

In what could bring the curtains down on the prolonged cold war between icecream makers and manufacturers of frozen desserts, experts at the food regulator have gone back to the drawing board to...

Car, SUV sales in red zone again in November

NEW DELHI: After breaking the 11-month-long sales decline rout in October, car and SUV sales again returned with negative numbers in November as wholesale deliveries to retailers went down due to post-festive buyer...

Low tariff regime over, telcos up rates by 40-50%

NEW DELHI: The honeymoon for telecom subscribers seems to have come to an end as all the three private telecom players -- Vodafone Idea, Bharti Airtel and Jio -- on Sunday announced pre-paid...

Private telcos to gain Rs 36,000 cr/month from rate hike, at cost of consumers:...

All India Congress Committee spokesperson Pawan Khera Sunday said that private operators are set to gain Rs 36,000 crore every month from the tariff hikes on voice and data services, which will go...

Reliance Jio to raise tariffs by 40% from December 6

NEW DELHI: Reliance Jio will raise tariffs by up to 40% from December 6 through its all in one (AIO) plans where the Mukesh Ambani owned company said that it will give 300%...

Tata Motors total sales down 25% at 41,124 units in November

New Delhi: Tata Motors on Sunday reported a 25.32 per cent decline in total sales to 41,124 units in November. The company had sold a total of 55,074 units in the same month...

Jaypee Infra case: NBCC may offer more land to lenders, cut deadline to complete...

NEW DELHI: State-owned NBCC Ltd is likely to offer more land to lenders and reduce timeline for completion of about 20,000 flats in its final bid to acquire bankrupt realty firm Jaypee Infratech,...

AAI recommends Centre to privatise 6 airports including Amritsar, Varanasi

NEW DELHI: The Airports Authority of India (AAI) has recommended the Centre to privatise airports at Amritsar, Varanasi, Bhubaneswar, Indore, Raipur and Trichy, a senior government official said. The recommendation came as the central...