Category: Business

Income Tax Department raids in Hyderabad, unaccounted income of 300 crores unearthed

New Delhi: Income Tax Department launched a search and seizure operation on 6 July 2021 on a group based in Hyderabad. The group operates in the real estate, construction, waste management and infrastructure sectors. The group’s waste management business is spread across India. Whereas real estate activities are mainly concentrated in Hyderabad. During the search

Petrol crossed Rs 100 in 11 states of the country

New Delhi: Once again, state-owned oil companies have increased the prices of oil, which has made petrol and diesel more expensive. Today their prices have increased for the 9th time in this month. With this increase, petrol and diesel in the country has reached above Rs 100 per liter. If we talk about where the

Taiwan says India helped Paraguay get vaccines even after pressure from China

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

Biocon Pharma ties up with Brazilian Libbs Pharmacutica for generic drugs

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