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
New Delhi: The Ministry of Civil Aviation (MoCA) on Monday increased the capacity of domestic flights from 50 percent to 65 percent. The July 5 order said, “After review of the current domestic operating status of the previous order, the passenger demand for air travel has been increased from 50 percent to 65 percent of
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
India’s digital payment giant Paytm is set to go public during Diwali this year to raise Rs 21800 crore in the country’s largest ever public offering (IPO). The Vijay Shekhar Sharma-led company is aiming for a valuation of around $ 25 billion- $ 30 billion through an IPO as its board is expected to formally
New Delhi: It has come to the notice of the Department of Telecommunications (DoT) of the Ministry of Communications that such misleading messages are running on various social media platforms claiming that the second wave of Corona virus is the reason for 5G mobile towers. According to a statement issued by the Department of Telecommunications
New Delhi: In order to curb the impact of Kovid-19 on the economy by the Reserve Bank of India (RBI), they also made several important announcements to provide relief to the general public and the business. Reserve Bank Governor Shaktikanta Das said that the government and the central bank were thinking of every category including
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
