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64 IT, electronics items allowed for parallel testing
With parallel testing, BIS can simultaneously test all components, whereas currently, there is a provision for a sequential testing process.
India flags delay in US visa issuing process for businesses
At present, in the US, this state-side facility for this is a pilot programme. State-side facility means the person staying with an H1B visa can get it renewed in the US only.
Oil price up 3% after US, Britain strike on Houthis
Oil prices in the international market on Monday rose more than 3% on Friday as the US and Britain carried out strikes on Houthi military targets in Yemen.
ED arrests 5 in Rs 56K crore Bhushan Steel loan fraud case
Funds were misappropriated against the fabricated LCs created in favour of JSW Steel limited and Hindustan Zinc Limited.
India convinces US on laptop import curbs
As per joint statement by the two side, Tai expressed willingness to collaborate with India on shared objective of supply chain resilience in this sector.
Budget expectation: EV industry seeks lower GST
The demand from the industry comes amidst speculations that the Centre may extend the second phase of FAME scheme until the third phase (FAME III) is approved,
IT stocks push Nifty, Sensex to record highs; banking, realty support rally
The market capitalisation of all stocks listed on Bombay Stock Exchange increased by about Rs 3 lakh crore to Rs 373.4 lakh crore.
HCLTech beats estimates; reports Rs 4,350 crore net profit
The company’s revenue for the quarter stood at Rs 28,446 crore, up 6.5% YoY. The company won 18 large deals- six in services and 12 in software- in the third quarter.
We have strong pipeline of leadership: Wipro CEO
Recently, CFO Jatin Dalal exited the firm and joined rival Cognizant. The company has initiated legal proceedings against him and demanded Rs 25 crore in damages.
Rising prices cap India’s thirst for Russian oil
Since the invasion of Ukraine two years ago, India has bought hundreds of millions of barrels of cut-price Russian crude, saving itself billions of dollars while bolstering Moscow's war coffers.
GST on online gaming: Govt to issue clarification
Earlier in its 50th meeting in July last year, the GST Council recommended imposition of 28% GST on online gaming
Merger call-off reports baseless, says Zee Ent
“We wish to reiterate that the Company is committed to the merger with Sony and is continuing to work towards a successful closure of the proposed merger,”
TRAI to soon have full-time chairman
Also, I don’t think that they have interviewed anyone from the private sector, all were somehow associated with the government,” said the official.
PFC & NEDO, Japan to promote energy efficient technologies for a sustainable future
GIFT City/New Delhi: Power Finance Corporation Ltd (PFC), India's leading financial institution in the power sector, is pleased to announce a strategic collaboration with New Energy and Industrial Technology Development
Organization…
Ultra expensive homes, luxury cars witness record sales
DLF apartments which were sold in three days were priced between Rs 6.25-7.5 crore a unit. Penthouses cost Rs 11-14 crore each.
ONGC starts crude production from KG basin
The project is expected to add 7% each to current national oil and natural gas production. For ONGC, it will augment its total oil and gas production by 11% and 15%, respectively.
Mutual fund industry AUM crosses Rs 50 lakh crore
The total SIP inflow in the calendar year 2023 stood at Rs 183,741 crore as against Rs 149,437 crore in CY22, according to AMFI data.
IT firms expected to see muted growth in Q3FY24
TCS, Infosys, HCLTech, Wipro to report their results this week
CoinDCX earmarks USD 1 million fund to aid investors in asset transfers
CoinDCX has 1.4 crore investors and traders in India. According to various exchanges, investors are now transferring their assets from non-FIU complaint offshore exchanges to Indian exchanges.
India’s Largest NBFC company PFC to set up a finance subsidiary in IFSC, GIFT City, Gujarat.
GIFT City (Gujarat): Power Finance Corporation Ltd., (PFC), India's largest Non-Banking Financial Company (NBFC) and a Maharatna Central Public Sector Enterprise (CPSE), announced its plans to establish a wholly-owned subsidiary, a Finance…