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A definitive agreement will follow after the completion of the customary business, legal and financial due diligence.
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The penalties have been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 51 (1), of the Banking Regulation Act, 1949, as applicable.
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On June 11, the French court had ordered Cairn Energy's take-over of Indian government properties, mostly comprising flat; and the legal process got completed on Wednesday evening.
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Bajaj Auto was the top gainer in the Sensex pack, rising nearly 2 per cent, followed by Tech Mahindra, NTPC, IndusInd Bank, PowerGrid, M&M and HCL Tech.
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Fitch believes that rapid vaccination could support a sustainable revival in business and consumer confidence; however, without it, economic recovery would remain vulnerable to further waves and lockdowns.
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Finance Ministry will now have six departments while DPE's hereto parent ministry, the Ministry of Heavy Industries and Public Enterprises will now be called the Ministry of Heavy Industries
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LetsTransport will deploy Etrio's Touro brand of e-three-wheelers in its last-mile operations across Delhi NCR, Bangalore, Hyderabad, Chennai, Mumbai and Pune, in a phased manner over the next six months
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The partnership will combine complete capabilities and offerings of Stratasys in the polymer space with deep manufacturing domain knowledge and robust presence of Tata Technologies in the manufacturing sector
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As per Nasscom, the IT industry revenues stood at $194 billion in FY21.
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In his letter to Union Finance Minister Nirmala Sitharaman, Rama Rao stated that considering the sharp decline in Covid-19 cases in the country and recovery of modest economic activities, the MSME sector still requires support.
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Here are the five things the newlyweds should be doing compulsorily
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upGrad is set to cross $500 million annual revenue run rate by March 2022 and is looking to raise close to $400 million at a $4 billion valuation.
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In a statement, OYO said that it will continue to work closely with its hotel partners for the closure of any pending claims.
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Pipes and fittings solution company plans to deploy new solutions and technologies within India and throughout Asia-Pacific
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US-based payment solutions company Blackhawk Network believes that the mode of digital payment that the retailer uses will be a deciding and influencing factor in a purchase
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Flipkart said it is now actively working with seller partners who fulfil customer orders directly from their locations to educate them.
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The first batch of the vaccine will be shipped to Russia's Gamaleya Center for quality control. Sputnik V, which was granted emergency use authorisation in India in April.
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Fuel prices are already touching new highs every other day.
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India has emerged as a forerunner in mobile commerce adoption in comparison to its global counterparts.
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Besides, the airline cited this trend being supported by strong domestic travel consumption which is further accentuated via the accelerating pace of vaccination drive.
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The EV maker has been expected to release a broader user interface update in its vehicles for a while now, Electek reported.
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The main new feature here is the 7-inch OLED display. This is a bump up from the 6.2-inch IPS LCD on the standard model, although both feature the same 1280x720 resolution.
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Currently in developer Beta preview, the support for smaller gatherings in Together Mode will soon be available for all.
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The boAt Xtend is available at an introductory price of Rs 2,999 with a one-year warranty on Amazon and boAt website, the company said in a statement.
