15 April 2021: In a major move, US banking company Citigroup announced on Thursday that it will exit 13 international consumer banking markets, including India and China, as part of its global strategy. The company said it would focus its global consumer banking business on four markets: Singapore, Hong Kong, London and the United Arab
New Delhi: IT services company Tata Consultancy Services (TCS) reported a 14.9 percent increase in net profit for the quarter ended March 2021 as compared to Rs 8,049 crore in the corresponding quarter of the previous year. The company’s revenue grew by 9.4 percent to Rs 43,705 crore as against 39,946 crore in the same
TAIPEI: Taiwan teamed up with other diplomats to allow its diplomatic allies Paraguay to receive COVID-19 vaccines, after which China pressured the South American country to suppress Taipei in exchange for shots, and India stepped forward to help, Taiwan’s foreign minister said. Chinese-claimed Taiwan has formal relations with only 15 countries, and Beijing, which claims
07 April 2021, New Delhi: RBI has announced that it will provide liquidity assistance of ₹ 50,000 crore for grant of new loans to All India Financial Institutions. "Fresh lending of Rs 50,000 crores will be provided to all India financial institutions", says RBI Governor Shaktikanta Das. pic.twitter.com/VzdYtmF7io — Hindustan Times (@htTweets) April 7, 2021
Biopharmaceutical major Biocon said Monday that wholly-owned subsidiary Biocon Pharma has partnered with Brazilian firm Libbs Pharmacutica to unveil generic drugs in Brazil, the world’s sixth-most populous country. As part of the out-licensing deal, the Biocon arm will be responsible for drug development and manufacturing, while Libbs will leverage its expertise to import and distribute
The IAMAI has warned that millions of e-mandates stop from 1 April 2021, as most major banks are yet to follow the new RBI guidelines. Millions of bank customers who have set up recurring auto-debit payments such as mobile and utility bills, OTT (over-the-top) platforms and digital news subscriptions have been facing trouble since April
New Delhi: Britain-based Cairn Energy has decided to file a lawsuit in the US and other countries by the International Arbitration Tribunal to seize foreign assets of Indian government companies worth $ 1.2 billion. These are mainly non-diplomatic assets owned by the Government of India. Denis Haritzsky, head of sovereign litigation practice at law firm
29 March 2021, Monday: A huge container ship stranded in the Suez Canal, Egypt for six days was successfully refloated on Monday. The Canal Authority has shared a video of a flotilla of tugboats tapping their horns at the celebration. The ship is now headed to Great Bitter Lake where it will be inspected, the
Mumbai: Ruchika Sachdev unveiled her collection as the finale designer at the Grand Finale of the Fashion Fashion Week organized by Laxmik Fashion Week and FDCI. At the same time, Ananya Pandey became the show stopper in Ruchika’s outfit. Let us know that Ananya Lakme is the brand ambassador of Abstl. At the same time,
New Delhi: India has not imposed any ban on exports of COVID-19 vaccines unlike many other countries and its position about continuing to supply the vaccines to partner countries in a phased manner keeping in view domestic requirements of a phased rollout remains unchanged, reported news agencies quoting sources. India has not imposed ban on
New Delhi: India today started the second part auction for commercial coal mining. It has 67 mines offered. This is the highest number of mines offered in any part since the auction system started in 2014. The auction process was launched by Union Coal Minister Prahlad Joshi at an event held in New Delhi. NITI
New Delhi: It is expected that there will be a law in India that will ban cryptocurrency like Bitcoin, Ethereum and Litecoin in the country. If this law comes into force, it would mean that holding, trading or mining cryptocurrency would become illegal in India. Provisions are expected to be made to transfer any trading,
