Several cases have raised concerns about ongoing roadway projects in India, highlighting frequent delays in their completion
Says they have withdrawn a net Rs 1,398 crore in last few days
Capital markets regulator Sebi on Wednesday eased 'trading plans' framework for companies' insiders, who are perpetually in possession of unpublished price sensitive information. Under the rule, 'Trading Plans' (TP) enable persons like senior management or Key Managerial Personnel (KMP), who are perpetually in possession of Unpublished Price Sensitive Information (UPSI), to trade in securities in a compliant manner. In a notification, Sebi said that a minimum cool-off period between disclosure and... Читать дальше...
The latest partnership will provide the Zomato-led quick commerce platform's customers with a credit line, at no additional cost to merchants
India received remittances worth $120 billion in 2023, supported by strong labour markets in the United States and Europe
The US has consistently pressed India for updates on the Indian investigation into the alleged foiled plot to kill Sikh separatist Gurpatwant Singh Pannun and made it clear that it seeks accountability in the case, a senior Biden administration official said on Wednesday. US Deputy Secretary of State Kurt Campbell said the US raised the issue directly at the most senior levels of the Indian government. Campbell made the comments at a virtual media briefing on his and US National Security Advisor Jake Sullivan's visit to India last week. Читать дальше...
The company aims to diversify manufacturing base to enhance proximity to key markets across India and streamline operational costs
The tech industry body also recommended removing the 2.5 per cent tariff slab to enhance ease of business in the industry
Congress president Mallikarjun Kharge on Wednesday reappointed Sam Pitroda as chairman of the Indian Overseas Congress, days after he had resigned from the post following some controversial remarks in the middle of Lok Sabha elections which the BJP termed as "racist". "Congress president has reappointed Sam Pitroda as chairman of the Indian Overseas Congress with immediate effect," AICC general secretary K C Venugopal said in a statement. Pitroda, who is considered a close aide of Rahul Gandhi, resigned from the post on May 8... Читать дальше...
Apart from payments on Unified Payments Interface (UPI), the platform will offer services such as credit, deposit, credit card, among others
Loan growth was low due to technology upgrades to the platform in H1FY24, though momentum improved in H2FY24
IDBI stake sale could spill over to the next fiscal year
Kumar further highlighted that yoga dresses and mats made of Khadi offer significant health and environmental benefits since they are chemical-free and require minimal water during production
The total number of people affected by the consumption of illicit liquor has now increased to 225
Group's B2C initiative aims to connect with 500 mn users by 2030
This is not the first time that the company is going public with the challenges on manpower. Subrahmanyan had last year also said that it is facing challenges despite wanting to hire over 30K labour
The EMPS replaced the FAME-II scheme, where auto companies were provided Rs 11,500 crore as subsidy
Shailesh Chandra, managing director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, said that CAFE III standards, which will hit the industry around 2027
Debt-ridden telecom operator Vodafone Idea bought spectrum worth Rs 3,510 crore to improve 4G network coverage and service, the company said on Wednesday. Besides renewing 900 megahertz spectrum in UP West and West Bengal, the company enhanced its 900 MHz spectrum holding in seven circles, namely Andhra Pradesh, Tamil Nadu, Karnataka, Punjab, Rajasthan, UP East and Kolkata. "VIL has strategically acquired spectrum in the select markets to enhance and strengthen its overall spectrum portfolio. This... Читать дальше...
The Ministry of Corporate Affairs on Wednesday said proceedings initiated against edtech player BYJU'S under the companies law are "still ongoing" and a final conclusion cannot be drawn in the matter at this stage. Last year, the ministry ordered the inspection of the books of BYJU'S in the wake of various developments at the edtech company, including its inability to finalise the statements and the resignation of an auditor. In a statement on Wednesday, the Ministry of Corporate Affairs (MCA) said... Читать дальше...
The statement further adds that section 5 of the Equal Remuneration Act, 1976, clearly stipulates that no discrimination is to be made while recruiting men and women workers
JSW Energy on Wednesday said that it has inked power purchase agreements through its subsidiaries for wind and solar projects with a cumulative capacity of 1,325 MW. This includes 1,025 MW with Solar Energy Corporation of India Ltd (SECI) and 300 MW with Gujarat Urja Vikas Nigam Ltd (GUVNL), bringing the total locked-in capacity of the company to 13.6 GW, a company statement said. Sharad Mahendra, Joint Managing Director and CEO of JSW Energy, said in the statement, "PPAs collectively account for... Читать дальше...
The ED on Wednesday told the Supreme Court that the trial court judge was in a "hurry" and did not afford a reasonable opportunity to the prosecutor to oppose Delhi Chief Minister Arvind Kejriwal's bail in a money laundering case linked to the alleged excise scam. The federal probe agency said the June 20 order of the trial court granting regular bail to Kejriwal was "perverse" for non-compliance of prerequisite mandatory conditions under section 45 of the Prevention of Money Laundering Act (PMLA). Читать дальше...
The initial public offering (IPO) of Vraj Iron and Steel received 3.46 times subscription on the first day of share sale on Wednesday. The Rs 171-crore initial share sale received bids for 2,12,27,976 shares against 61,38,462 shares on offer, according to NSE data. The portion for retail individual investors (RIIs) garnered 5.05 times subscription while the category for non-institutional investors got subscribed 3.53 times. The qualified institutional buyers (QIBs) quota received 61 per cent subscription. Читать дальше...
L&T group says at any point it faces workforce gap of 40,000-45,000 labourers and engineers
