Business

Google hit with 150 million euro French fine for cookie breaches
Business

Google hit with 150 million euro French fine for cookie breaches

France’s data privacy watchdog CNIL said on Thursday it had fined Alphabet’s Google a record 150 million euros ($169 million) for making it difficult for internet users to refuse online trackers known as cookies. Meta Platforms’ Facebook was also fined 60 million euros for the same reason, the CNIL said. “The CNIL has found that the facebook.com, google.fr and youtube.com websites […]

Read More
Apple puts India iPhone maker Foxconn on probation for labour violations
Business

Apple puts India iPhone maker Foxconn on probation for labour violations

Apple Inc. put Foxconn Technology Group’s factory in southern India on probation following worker protests and an investigation that revealed substandard living conditions. Foxconn, which uses the facility to assemble iPhones among other gadgets, apologized for the lapses in health standards and pledged to revamp its management and operations in the country. The factory, located in Sriperumbudur on […]

Read More
Ola's dream of world's biggest e-scooter factory hits hurdle
Business

Ola’s dream of world’s biggest e-scooter factory hits hurdle

By Administrator_IndiaCapital Sands Ola Electric Mobility Pvt., the Indian startup that’s pledged to build the world’s biggest electric scooter factory, doled out a handful of brightly-hued bikes earlier this month, complete with drummers and a saxophonist to mark the occasion. Founder Bhavish Aggarwal came to thank some 100 customers who brought along family and friends. […]

Read More
Business

AstraZeneca Pharma India gets DCGI nod to import

By Administrator_ India Capital Sands Drug firm AstraZeneca Pharma India said it has received import and market permission from the Indian drug regulator for Selumetinib capsules. The company has received the import and market permission in Form CT-20 from the Drugs Controller General of India for Selumetinib 10 mg & 25 mg capsules, AstraZeneca Pharma India said […]

Read More
Business

Life insurers report 3% YoY growth in new business premiums in August

By Administrator_ India Capital Sands After witnessing a double-digit contraction in new business premium (NBP) in July, life insurers are back in the green again, witnessing a marginal year-on-year (YoY) growth of 3 percent in NBP in August, owing to a strong performance by the private insurers. In July, life insurers reported an 11 percent YoY drop in NBP […]

Read More
Business

Gold imports nearly double in August as prices dip ahead of festivals

By Administrator_ India Capital Sands India’s gold imports in August nearly doubled from a year earlier to the highest in five months on strong demand and as weaker prices prompted jewelers to ramp up purchases for the festive season, a government source said. Higher imports by the world’s second-biggest bullion consumer could support benchmark gold prices, which have […]

Read More
Business

US Fed chair Jerome Powell hints at the tapering of easy money policy by year-end

By Administrator_ India Capital Sands The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said Friday, signaling the beginning of the end of the Feds extraordinary response to the pandemic recession. The Fed’s move could lead, over time, to somewhat higher borrowing […]

Read More
Asian shares rise, yen falls as traders shrug off Omicron fears
Business

Sensex, Nifty Edge Higher Led By Gains In IT, Metal Shares

By Administrator_ India Capital Sands The Indian equity benchmarks opened higher on Tuesday led by gains in Infosys, HDFC Bank, Tata Consultancy Services, Tata Steel, Larsen & Toubro, and Tech Mahindra. The Sensex rose as much as 261 points to hit an intraday high of 55,816.70 and the Nifty 50 index touched an intraday high […]

Read More
Business

Cryptocurrency Prices: Bitcoin over $49,000, Ether, Dogecoin plunge

By Administrator_ India Capital Sands Cryptocurrency prices continue to be in the red on August 23. The global cryptocurrency market cap is $2.13 trillion, a 1.37 percent increase over the last day, while the total crypto market volume over the last 24 hours is $93.71 billion, which makes a 13.09 percent decrease. The volume of […]

Read More
IndiGo limits flights connecting West Bengal to Delhi Mumbai to Mondays and Fridays
Business

IndiGo says will resume flights to UAE from August 20

By Administrator_ India Capital Sands InterGlobe Aviation Ltd-run IndiGo will resume flight services to the United Arab Emirates from 0130 am on August 20, the airline said in a press release on August 19, hours after it said that operations to UAE stood canceled till August 24. On the morning of August 19, the UAE […]

Read More