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How transparent is ONGC about lapses in HSE with its workforce?
New Delhi: In the backdrop of the barge mishap at state-run Oil & Natural Gas Corporation (ONGC), multiple sources who have spoken to PSU Watch on the condition of anonymity, have pointed towards a history of lack of transparency in…
Adani Green Energy arm transfers 74 per cent stake of Mundra Solar Energy to ATLLP
NEW DELHI: Adani Green Energy Ltd on Saturday said its arm Adani Renewable Energy Holding Four Ltd has transferred 74 per cent shareholding of Mundra Solar Energy Ltd to Adani Tradecom LLP (ATLLP).
"7,400 equity shares are transferred to…
Amazon to retire Prime Now, allows two-hour deliveries on main app
NEW DELHI: Amazon has announced to shut down its standalone Prime Now quick delivery app, and the two-hour delivery options will now be available on its main app and website. The company said that in India, Japan and Singapore, it has…
SBI employees likely to get 15 days pay as performance-linked incentive
Two and a half lakh employees of State Bank of India (SBI) are likely to get 15 days of salary as performance-linked incentive (PLI) for the previous fiscal, according to a report published in many media outlets.
The news comes after…
Mahindra & Mahindra extends warranty, service period on all vehicles
MUMBAI: Mahindra & Mahindra on Saturday said it has extended the warranty and service period on its entire range of vehicles till July 31 due to lockdown in several states in the wake of the pandemic. This will be applicable for those…
Cyclone Tauktae: Power Ministry takes active measures for power restoration work affected areas
New Delhi: Power supply has taken a huge toll during the cyclone Tauktae. Accordingly, the Ministry of Power has taken active measures to restore power in various regions. "Ministry of Power’s Secretary (Power) Alok Kumar has been holding…
‘Interoperability of digital wallets would increase penetration of digital payments’
New Delhi: With RBI making mobile wallet interoperability mandatory from FY23, the non-bank (prepaid payment instruments) PPI issuers or the digital wallets has been brought at par with traditional bank accounts in terms of services offered…
High demand from domestic travelers makes Goa fastest recovering market
New Delhi: India's hospitality industry witnessed a decline of 38.7 per cent in revenue per available room (RevPAR) during Q1 2021 as compared to Q1 2020, according to JLL's Hotel Momentum India (HMI) Q1 2021, a quarterly hospitality sector…
Bitcoin miners and oil drillers bond over pure fuel
Oil firms face strain from traders and authorities officers to cut back emissions that result in world warming. Sometimes they offer the fuel away without cost to cryptocurrency miners; different occasions they promote it.
MSMEs search govt. intervention to recuperate dues from PSUs
New Delhi. Medium Small and Micro Enterprises (MSMEs) throughout the State have urged the State and the Union governments to expedite clearance of funds attributable to them by public sector objects and corporations. Fortunes of the MSMEs…
Vietnam major export market for Indian medical devices: EEPC
Kolkata, May 20 (UNI) Indian companies could look to tap Vietnam's burgeoning medical devices market which meets nearly 90% of the demand through imports, said EEPC India Chairman Mahesh Desai. Japan, Germany, the US, China, and Singapore…
EV cost equal to normal car in 2 years, says Union Minister Gadkari
View complete video:
The Union Minister for Road Transport and Highways also spoke about expanding battery production in India and developments in alternate fuels.
Second COVID wave humanitarian crisis, not economic; likely to have peaked: Report
MUMBAI: The second wave of the pandemic in India is more of a humanitarian crisis rather than an economic one, and is likely to have peaked, a Japanese brokerage said on Thursday.
Nomura said it expects the overall hit to sequential…
Motilal Oswal Real Estate raises Rs 650 cr for fifth realty fund
NEW DELHI: Motilal Oswal Real Estate (MORE) on Thursday said it has raised Rs 650 crore fund for providing debt to approved realty projects.
The Mumbai-based company announced the first close of India Realty Excellence Fund V (IREF V),…
Adani Green Energy Limited (AGEL), at this time signed share buy agreements
Ahmedabad. Adani Green Energy Limited (AGEL), at this time signed share buy agreements for the acquisition of 100% curiosity in SB Energy India from SBG (80%) and Bharti Group (20%). SB Energy India has a complete renewable portfolio of…
Kotak Mahindra Bank issues FPI license to GIFT IFSC AIF
Mumbai: Private lender Kotak Mahindra Bank Limited has issued the first-ever FPI (Foreign Portfolio Investment) license to GIFT IFSC AIF of True Beacon Global.
This is the first FPI license issued to an AIF incorporated in GIFT IFSC by…
Global cues, slowdown fears subdue equities, metal stocks fall
Mumbai: India's benchmark equity indices ended lower for the second consecutive session on Thursday as fears of economic slowdown as well as negative global cues subdued investors' sentiments.
Both the key indices started on a positive…
Eiffel Tower to reopen on July 16
Paris, May 21 The Eiffel Tower is set for a mid-July reopening after months of closure amid the coronavirus crisis, operators of the Parisian landmark have said.
People who want to head back to the top of one of the city's best-known…
Gold declines Rs 97; silver tumbles Rs 1,417
NEW DELHI: Gold in the national capital on Wednesday fell by Rs 97 to Rs 47,853 per 10 gram amid muted global precious metal prices, according to HDFC Securities.
In the previous trade, gold had closed at Rs 47,950 per 10 gram. Silver…
Income Tax department issues Rs 24,792 crore refunds so far this fiscal
NEW DELHI: The Income Tax department on Wednesday said it has issued over Rs 24,792 crore refunds to more than 15 lakh taxpayers so far this fiscal.
Of this personal income tax refunds worth Rs 7,458 crore has been issued in over 14.98…
