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BUSINESS

Equity markets open flat as crude oil prices surge to $92
BUSINESS

Equity markets open flat as crude oil prices surge to $92

Mumbai, Aug 19 — Domestic equity market benchmarks opened on a flat note on Wednesday with crude oil prices surging to almost $92 and rising global bond yields dampening appetite for risk assets.Sensex opened at 77,218.05, down 17.41 points or 0.02 per cent, while Nifty started the session at…

Hyundai Motor faces production losses amid prolonged strikes
BUSINESS

Hyundai Motor faces production losses amid prolonged strikes

Seoul, Aug 19 — Hyundai Motor is expected to suffer cumulative production losses of more than 60,000 vehicles as its labour union steps up strike action amid stalled wage negotiations, industry sources said on Wednesday.The automaker's union said it will stage four-hour partial strikes on Wednesday…

ER witnesses surge in pilgrim traffic during Shravani Mela
BUSINESS

ER witnesses surge in pilgrim traffic during Shravani Mela

Kolkata, Aug 18 — Nearly 20 lakh pilgrims passed through Jasidih, Basukinath, Deoghar and Baidyanathdham stations of Eastern Railway (ER) between July 30 and August 17. According to ER, the footfall at these four stations surged to 19,86,294 during the period, marking a 9.02 per cent rise over last…

RailTel bags Rs 166.8 crore EPFO order for IaaS services
BUSINESS

RailTel bags Rs 166.8 crore EPFO order for IaaS services

New Delhi, Aug 18 — Telecom infrastructure firm RailTel Corporation of India Limited on Tuesday said it has received a work order worth Rs 166.8 crore, including taxes, from the Employees' Provident Fund Organisation (EPFO).The order is an extension of an existing work order for providing…

NHAI extends digital FASTag Local Pass to 121 toll plazas
BUSINESS

NHAI extends digital FASTag Local Pass to 121 toll plazas

New Delhi, Aug 18 — The National Highways Authority of India has extended the online FASTag Local Pass facility to 121 toll plazas nationwide, enabling eligible commuters to buy monthly local passes through the Rajmargyatra mobile app, an official statement said on Tuesday.The Online Local Pass…