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Corporate Affairs
Cabinet approves 20 pc FDI investment in LIC
With just 5 percent disinvestment, GOI may net in over Rs. 25,000 crores from the market
Bank MD gifts 9 lakh shares worth Rs 3.95 cr to staff members to purchase house
Mumbai, Feb. 22: In what can be termed as an act of generosity, IDFC FIRST Bank MD and CEO V. Vaidyanathan granted 9 lakh shares of the financial institution held via him, well worth over Rs 3.95 crore, to 5 individuals, together with his…
SC to reconsider its judgement in Tata Sons vs Cyrus Mistry case
New Delhi, Feb 21 (UNI) In a major relief to the Cyrus Mistry's group, the Supreme Court in its order has decided to reconsider its March 26, 2021 judgement which had upheld the decision of Tata Sons to remove him as executive chairman…
Rahul Bajaj cremated with full state honors in Pune
Pune, Feb 13 (UNI) Industrialist Rahul Bajaj was cremated with full state honours at the Vaikuntha crematorium here on Sunday. His sons, Rajiv and Sanjiv, performed the last rites in presence of Maharashtra Home Minister Dilip Walse…
Business tycoon Rahul Bajaj passes away, India Inc mourns
New Delhi, Feb 12: Veteran industrialist and former Chairman of Bajaj Auto, Rahul Bajaj, passed away on Saturday in Pune after prolonged illness. He was 83. A Padma Bhushan awardee and former Rajya Sabha member Bajaj led the business…
Tata Sons renews N Chandrasekaran’s term as Executive Chairman for next 5 yrs
Mumbai, Feb 11 (UNI) Tata Sons on Friday reappointed its Executive Chairman N Chandrasekaran for the next five years. ''At its meeting, the Board of Tata Sons reviewed the last five years and considered the reappointment of its…
Giottus Cryptocurrency exchange launches smart investment options
Hyderabad, Feb 10: Giottus, India's top-rated crypto platform, on Thursday announced the launch of two smart investment options for the benefit of all crypto investors and enthusiasts. These include Baskets, expert-curated thematic…
Pfizer to post record $54 bn turnover from 2022 sales of Covid-19 vaccine, pill
Washington, Feb 8 (UNI/Sputnik) Pfizer announced on Tuesday that it expects record-high revenue of $54 billion in 2022 from sales of its Covid-19 vaccine and pill for the treatment of the virus. "The guidance for 2022 revenues also…
TCS to be launch partner for Microsoft Cloud for Retail
Kolkata, Jan 25 (UNI) Tata Consultancy Services (TCS) is now a partner for the newly-launched Microsoft Cloud for Retail, expanding its collaboration with the hyperscaler. TCS will combine its deep industry knowledge, and experience…
TCS becomes second most valuable IT Services Brand worldwide
Kolkata, Jan 26 (UNI) Tata Consultancy Services (TCS) has become the second most valuable brand in the IT services sector globally, according to Brand Finance, the world's leading brand valuation firm. According to the Brand Finance…
UKIBC: India, UK FTA can turbocharge trade
New Delhi, Jan 25 (UNI) In an endorsement of the calibration in India-UK bilateral relations with the launch of negotiations for a Free Trade Agreement, the UK India Business Council (UKIBC) has welcomed the development saying that an FTA…
ET Money Introduces New Brand Identity; Adds Personalization
Mumbai, Jan. 24, (Business Wire India): ET Money, one of India’s fastest growing investment and wealth management platforms, today launched ET Money Genius, one of its kind membership service that will deliver personalized investing…
Crypto: Russian bank sees threat to well-being of citizens
Harry, Meghan's names misused for fake Bitcoin ads
ICICI Securities Q3 PAT up 42 per cent
Mumbai, Jan 18 (UNI) ICICI Securities, a part of the ICICI Group, on Tuesday reported a 42 per cent increase in consolidated net profit for the quarter ended December 31, 2021 at Rs 380 crore on the back of strong all round performance…
India, UK commit to comprehensive strategic partnership
New Delhi, Jan 17 (UNI) India and the UK have welcomed the launch of UK-India Free Trade Agreement (FTA) negotiations and the first round of negotiations taking place on Monday which marks a new phase in the strategic and trade relationship…
No exodus of migrant labour from cities, states tell Centre
New Delhi, Jan 13 (UNI) There is no exodus of workers especially migrant labour due to curbs imposed by states in the wake of Omicron surge and works at factories, construction sites and other establishments are continuing unabated, states…
At $37.29 bn in Dec, India records highest ever monthly merchandise exports
New Delhi, Jan 3 (UNI) India's merchandise exports reached the highest ever monthly level in the month of December notching $37.29 billion, up 37 per cent over the $27.22 billion in December 2020 with labour-intensive sectors such as…
More crypto players come under the scanner for alleged GST evasion
New Delhi, Jan 1 (UNI) A day after GST authorities cracked down on leading crypto currency exchange Wazir X for alleged tax evasion, at least four more crypto players have come under the scanner.
The Directorate General of GST Intelligence…
Intl Spirits & Wines Association urges Telangana govt to start online liquor delivery
Hyderabad, Dec 30: The International Spirits & Wines Association of India (ISWAI), the apex body of the premium AlcoBev sector, on Thursday urged the state government of Telangana to consider and implement home delivery of liquor…
FICCI, IDSA welcome notification of new rules for direct selling
New Delhi, Dec 28: The industry bodies on Tuesday welcomed the notification of new rules for direct selling industry.
In a statement, Vivek Katoch, Chair FICCI, Direct Selling Task Force and Director, Corporate Affairs (Asia), Oriflame…