Double Sourcing
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Rs 2,200 Crore Online Trading Scam Busted In Assam, Chief Minister Issues Warning
The Assam Police on Wednesday unearthed a massive financial scam of Rs 22,000 crore involving brokers who made fraudulent online stock market investments by claiming to double people's money, sources said.
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Paris Building Used By Marie Curie "Will Not Be Destroyed" But Moved
A small Paris building used by double Nobel winner Marie Curie will be moved rather than torn down, French Culture Minister Rachida Dati said Wednesday, hoping to put an end to a months-long row.
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Airbus To Double Sourcing From India To $1.5 Billion As Plane Orders Soar
Airbus expects to double the total value of parts it sources from India to $1.5 billion in coming years, the planemaker's India chief said on Thursday, as it looks to ride the boom in the world's fastest growing aviation market.
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US, China Agree To Double Weekly Flights Between Countries
The U.S. and China will approve twice the number of passenger flights currently permitted for air carriers to fly between the two countries, according to sources and a document reviewed by Reuters on Friday.
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Amazon Working on Standalone App for Sports Content: Report
Amazon.com is working on a standalone app for watching sports content, the Information reported on Wednesday, citing a source with direct knowledge of the plan. The move will likely complement Amazon's effort to double down on sports programming through its Prime Video service, a key channel to attract consumers to its shopping platform.
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India's Operational Airports Rise To 140 From 74 Since 2014: Report
With Prime Minister Narendra Modi set to inaugurate the Mopa International Airport in Goa on Sunday, official sources said the number of operational airports in the country has almost doubled from 74 to over 140 since he took over in 2014.
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Centre Hikes Price Of Ethanol Used For Blending In Petrol
The government on Wednesday hiked the price of ethanol used for blending in petrol, as it looks to double the blending to 20 per cent, sources said.
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Rahul Gandhi Shoots Down Ashok Gehlot's "Double Role" Condition: 10 Facts
Rahul Gandhi on Thursday strongly indicated that Ashok Gehlot, who is set to run for Congress president, cannot keep two posts if he wins. His rival Sachin Pilot may replace him as Rajasthan Chief Minister, sources say.
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Japan's Kirin In Talks To Triple Investment In Beer Maker Bira: Report
Japanese beverages firm Kirin Holdings is in talks to invest $70 million incraft beer maker Bira, four sources told Reuters, doubling down on the fast-expanding South Asian market at a time when it is facing pressure on growth at home.
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Toyota Said to Reboot India Strategy to Double Down on Hybrids as Rivals Focus on Pure EVs
Toyota is said to focus on low-cost hybrid cars, as part of its plan to reboot its strategy for the Indian market. The company is aiming to cut the cost of full hybrid powertrains by making them in India, where the automaker's factories are running well below capacity, and to source key materials within the country. It is also said to be leveraging...
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China Blocking Move On Terrorists "Undermines Sanctity Of UN", Say Sources: Report
China blocking the blacklisting of the deputy chief of Pakistan-based terror outfit Jaish-e-Mohammed or JeM exposes its double speak and double standards in fighting terrorism, government sources said today.
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Walmart's PhonePe Planning to Move Its Headquarters From Singapore to India
Walmart group digital payments firm PhonePe is planning to shift its headquarters from Singapore to India, according to a source privy to the development. When contacted, a PhonePe spokesperson confirmed the development. "We are in the process of moving our registered entity from Singapore to India," the PhonePe spokesperson said.
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China UN Move On Pak Terrorist Shows Double Standards: Government Sources
China's decision to block a joint proposal by India and the US to designate Pakistan-based Abdul Rehman Makki as an international terrorist under the UN sanctions committee runs counter to Beijing's claim of combating terrorism and signals its "doubl
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India To More Than Double Price Of Locally Produced Gas - Sources
India will raise the price of locally produced gas from old fields for April-September to a record-high $6.1 per million metric British thermal units (mmBtu) from the current $2.90/mmBtu.
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Bonanza for Reliance Industries, ONGC: Gas Price Set To Double This Week
In a bonanza for gas producers, Reliance Industries is set to get a record price of around $10 per MMBtu for the KG gas, while state-owned ONGC is likely to fetch more than double the rate for its Mumbai High and other fields, sources said.
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Rs 2,200 Crore Online Trading Scam Busted In Assam, Chief Minister Issues Warning
The Assam Police on Wednesday unearthed a massive financial scam of Rs 22,000 crore involving brokers who made fraudulent online stock market investments by claiming to double people's money, sources said.
-
Paris Building Used By Marie Curie "Will Not Be Destroyed" But Moved
A small Paris building used by double Nobel winner Marie Curie will be moved rather than torn down, French Culture Minister Rachida Dati said Wednesday, hoping to put an end to a months-long row.
-
Airbus To Double Sourcing From India To $1.5 Billion As Plane Orders Soar
Airbus expects to double the total value of parts it sources from India to $1.5 billion in coming years, the planemaker's India chief said on Thursday, as it looks to ride the boom in the world's fastest growing aviation market.
-
US, China Agree To Double Weekly Flights Between Countries
The U.S. and China will approve twice the number of passenger flights currently permitted for air carriers to fly between the two countries, according to sources and a document reviewed by Reuters on Friday.
-
Amazon Working on Standalone App for Sports Content: Report
Amazon.com is working on a standalone app for watching sports content, the Information reported on Wednesday, citing a source with direct knowledge of the plan. The move will likely complement Amazon's effort to double down on sports programming through its Prime Video service, a key channel to attract consumers to its shopping platform.
-
India's Operational Airports Rise To 140 From 74 Since 2014: Report
With Prime Minister Narendra Modi set to inaugurate the Mopa International Airport in Goa on Sunday, official sources said the number of operational airports in the country has almost doubled from 74 to over 140 since he took over in 2014.
-
Centre Hikes Price Of Ethanol Used For Blending In Petrol
The government on Wednesday hiked the price of ethanol used for blending in petrol, as it looks to double the blending to 20 per cent, sources said.
-
Rahul Gandhi Shoots Down Ashok Gehlot's "Double Role" Condition: 10 Facts
Rahul Gandhi on Thursday strongly indicated that Ashok Gehlot, who is set to run for Congress president, cannot keep two posts if he wins. His rival Sachin Pilot may replace him as Rajasthan Chief Minister, sources say.
-
Japan's Kirin In Talks To Triple Investment In Beer Maker Bira: Report
Japanese beverages firm Kirin Holdings is in talks to invest $70 million incraft beer maker Bira, four sources told Reuters, doubling down on the fast-expanding South Asian market at a time when it is facing pressure on growth at home.
-
Toyota Said to Reboot India Strategy to Double Down on Hybrids as Rivals Focus on Pure EVs
Toyota is said to focus on low-cost hybrid cars, as part of its plan to reboot its strategy for the Indian market. The company is aiming to cut the cost of full hybrid powertrains by making them in India, where the automaker's factories are running well below capacity, and to source key materials within the country. It is also said to be leveraging...
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China Blocking Move On Terrorists "Undermines Sanctity Of UN", Say Sources: Report
China blocking the blacklisting of the deputy chief of Pakistan-based terror outfit Jaish-e-Mohammed or JeM exposes its double speak and double standards in fighting terrorism, government sources said today.
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Walmart's PhonePe Planning to Move Its Headquarters From Singapore to India
Walmart group digital payments firm PhonePe is planning to shift its headquarters from Singapore to India, according to a source privy to the development. When contacted, a PhonePe spokesperson confirmed the development. "We are in the process of moving our registered entity from Singapore to India," the PhonePe spokesperson said.
-
China UN Move On Pak Terrorist Shows Double Standards: Government Sources
China's decision to block a joint proposal by India and the US to designate Pakistan-based Abdul Rehman Makki as an international terrorist under the UN sanctions committee runs counter to Beijing's claim of combating terrorism and signals its "doubl
-
India To More Than Double Price Of Locally Produced Gas - Sources
India will raise the price of locally produced gas from old fields for April-September to a record-high $6.1 per million metric British thermal units (mmBtu) from the current $2.90/mmBtu.
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Bonanza for Reliance Industries, ONGC: Gas Price Set To Double This Week
In a bonanza for gas producers, Reliance Industries is set to get a record price of around $10 per MMBtu for the KG gas, while state-owned ONGC is likely to fetch more than double the rate for its Mumbai High and other fields, sources said.
