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Reliance Industries March quarter net profit more than doubles
NEW DELHI: Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported more than doubling of its March quarter net profit as consumer businesses of retail and telecom as well as petrochemicals saw sequential recovery on improved…
Tata group gets CCI nod for BigBasket deal
BENGALURU: The Tata group’s foray into the India’s growing e-grocery market has been sealed with the Competition Commission of India on Thursday giving its nod to its $1 billion acquisition of BigBasket. In a statement, the CCI said that it…
GSL to provide Oxygen generating plant to the govt of Goa
New Delhi/Vasco: Goa Shipyard Limited (GSL), a Miniratna Defence PSU, has pitched in to help the state government of Goa in its fight against COVID-19. The PSU announced to provide an “onsite oxygen generating plant” under its corporate…
PM CARES Fund: BEL contributes Rs 5.45 crores to combat COVID-19 second wave
New Delhi: Navratna Defence PSU Bharat Electronics Limited (BEL) has again contributed Rs 5.45 crores from its corporate social responsibility (CSR) fund to the PM CARES Fund, in support of the government’s concerted efforts in dealing with…
POWERGRID Infrastructure Investment Trust to open IPO of its Units on April 29, 2021 and close on…
The iniMal public offering (“IPO” or “Offer”) of units of POWERGRID Infrastructure Investment Trust (“POWERGRID InvIT”), an InvIT set-up to own, construct, operate, maintain and invest as an infrastructure investment trust as permissible in…
Private companies sourcing medical equipment from abroad, ‘some of it’ is from China:…
New Delhi , April 29 A number of private companies in India are sourcing medical supplies and equipment from different countries to meet the government's priority requirement and "some of it" is coming from China, Foreign Secretary…
Rupee ends strong at 74.04 against USD
Mumbai, Apr 29 (UNI) For the fourth consecutive session on Thursday, the Rupee rallied 31 paise to end strong at 74.04 against the USD on brisk selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
In opening…
Biocon MD Shaw Joins board of trustees of Memorial Sloan Kettering Cancer Center, US
Mumbai, Apr 28 (UNI) Biocon Ltd on Wednesday said that its Executive Chairperson Kiran Mazumdar-Shaw has been appointed to the Board of Trustees of Memorial Sloan Kettering Cancer Center (MSK), a world leader in cancer treatment and…
CII launches IMPACT EAST, attempts to bring together all stakeholders
Kolkata, Apr 28 (UNI) The disruptive impact of the COVID-19 pandemic is different from any other external disruption the social sector has seen before.
Macroeconomic and socio-political stressors will have huge implications on India’s…
Samsung expands presence in India smartphone market
Seoul: Samsung Electronics has expanded its presence in the Indian smartphone market in the first quarter of the year on the back of multiple new handsets, a report showed Tuesday, as the South Korean tech giant aims to fend off challenges…
Amazon is most desirable workplace in US: LinkedIn
San Francisco: Based on the company's ability to attract, develop and retain talent, Microsoft-owned professional networking platform LinkedIn on Wednesday named Amazon as the most desirable workplace in the US for 2021.
In the 2021…
Sensex rallies 558 points; Nifty ends above 14,650
MUMBAI: Equity benchmark Sensex rallied 558 points on Tuesday, driven by gains in index heavyweights Reliance Industries, HDFC Bank and L&T.
The 30-share BSE index ended 557.63 points or 1.15 per cent higher at 48,944.14. Similarly,…
Amazon unveils new Fire tablets for kids
San Francisco: Amazon on Tuesday launched all-new Fire Kids Pro tablets for kids aged between 6 to 12 years and the next generation Fire HD 10 Kids tablet for kids aged between 3 to 7 years.
The Fire Kids Pro tablets start at $99.99 for…
RBI points tips for appointment of statutory auditors of banks, NBFCs
The tips present mandatory directions for appointment of SCAs/SAs, the variety of auditors, their eligibility standards, tenure and rotation, whereas making certain the independence of auditors, the apex financial institution stated.
CEOs of 40 U.S. firms create international process drive to assist India struggle COVID-19
The process drive dedicated to get 20,000 oxygen concentrators to India within the subsequent few weeks, Deloitte CEO Punit Renjen stated
Australia suspends direct passenger flights from India till May 15
Australia on Tuesday suspended all direct passenger flights from India with fast impact till May 15 as a result of “very significant” spike in COVID-19 circumstances, Prime Minister Scott Morrison introduced. Morrison, saying the…
Adani Group secures 12 cryogenic tanks from Dubai
New Delhi April 26 Amid a shortage of medical oxygen in the country due to surging coronavirus cases, the Adani Group announced on Monday that they have successfully secured 12 cryogenic tanks to transport liquid oxygen from Dubai.…
RBI issues new guidelines for tenure of bank CEOs, MD
Mumbai, Apr 26 (UNI) Reserve Bank of India on Monday issued certain guidelines for the governance of banks, including private banks, Small Finance Banks (SFBs) and Wholly Owned Subsidiaries of Foreign Banks.
However, the RBI clarified…
Tax compliance timelines extended by two months
NEW DELHI: To ease hardships faced by taxpayers amid the second wave of Covid-19, the government has extended the deadline for several tax compliances including making payment under the Vivad se Vishwas scheme to June 30. It has also…
Government waives import duty on vaccines, oxygen and related gear
NEW DELHI: In a bid to boost medical oxygen availability in the country amid a severe shortage across several states, including the national capital, the union government decided to exempt basics customs duty on import of COVID-19 vaccines,…
