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In bid to expedite mergers, Centre announces 60-day time limit for approval
As per the Ministry of Corporate Affairs' annual report of 2022-23, nearly 350 out of 538 fast-track merger schemes have been disposed of between November 2021 and October 2022
Tax experts ask small businesses to prepare well in advance for e-invoicing compliance
The e-invoice system is for GST-registered taxpayers who have to upload all B2B and export invoices to the Invoice Registration Portal (IRP).
Swedish inflation slows on lower food prices
"Food prices fell for the first time since November 2021, which contributed to an easing of the inflation rate in April," Caroline Neander, statistician at Statistics Sweden, said in a statement.
Kalyan Jewellers Q4 net profit dips 3.11 per cent to Rs 697.99 crore
Kalyan Jewellers also showed Rs 33.35 crore as exceptional item against sale of two aircraft owned by the company as part of the management's overall strategy to dispose of non-core assets.
As global rice supply dips, prospects for Indian basmati zoom
However, it raised the hope of Indian paddy growers to get better prices as the country is a significant player in the rice export market.
Utilising Coal Bed Methane can cut India’s energy import bill by USD 2 billion: Experts
India has an estimated Coal Bed Methane Reserve of 2600 billion cubic metres, they say.
Retail inflation hits 18-month low at 4.7 per cent in April as food prices fall
RBI Governor Shaktikanta Das said the inflation number at 4.7% in April is quite satisfying and the latest data gives confidence that the monetary policy is on the right track.
As inflation cools off, RBI governor says ‘monetary policy on right track’
Shaktikanta Das said the RBI is optimistic and fairly confident over India's 6.5 per cent real GDP growth rate though other analysts have differing views.
Edtech major Byju’s raises Rs 2,000 crore in fresh funding from US investment firm
Though the edtech company did not comment on the fundraising, the development comes at a time the ED conducted searches and seizure action at the premises of the edtech major.
India will soon announce first semiconductor fabrication unit: IT minister
The application from a consortium of Vedanta and Foixconn was considered and processed.
Sitharaman invites Japanese investments
Sitharaman is on a two-day official visit to Niigata, Japan, to attend a G7 meeting. India is an invitee to G 7 Finance Ministers and Central Bank Governors meeting.
India accounts for over 75 per cent of Truecaller’s net sales in Q1
In the quarter, Truecaller also opened its largest office space outside Sweden in Bengaluru, marking a significant milestone in the company's journey in the country.
SEBI issues notice to PTC India and PFS over alleged governance lapses
In January 2022, PFS came into the news after three of its independent directors resigned from the board alleging serious corporate governance issues.
Job postings by start-ups see growth in past 3 months
The market for new and emerging job roles has seen an upsurge, said talent platform foundit in its monthly foundit Insights Tracker.
CEO says ONDC to bring efficiency, innovation as platform sees more users
From just 1,000 transactions a day in March, last week, the food and grocery domain on the Open Network for Digital Commerce (ONDC) has witnessed 20,000 transactions.
LinkedIn closes China service, cuts over 700 jobs
The company had introduced a unique domestic version of the career networking platform operated locally in order to comply.
Sensex, Nifty rebound over 1 per cent amid rally in global markets
Among the Sensex firms, IndusInd Bank jumped 5.08 per cent.
Lithium reserves in Rajasthan raise hopes of reduced dependence on China
The Geological Survey of India (GSI) and mining officials claim that the capacity of lithium reserves found here is higher than the lithium reserves found in Jammu and Kashmir recently.
India’s imports from OPEC at all-time low as Russian oil buy peaks
OPEC made up for as much as 90 per cent of all crude oil India imported at one point of time but this has been sliding since Russian oil became available at discount.
India ‘exciting’ mkt, great to be here: Tim Cook
Apple CEO says company registered double-digit year-on-year growth in the country in March quarter of 2023