Business

In December last year, Cairn won an award that held the levy of taxes using the 2012 law unfair on the company and the tribunal asked the Indian government to return $1.2 billion plus cost and interest.

The companies remain a bit circumspect regarding the near-term situation owing to the pandemic but expect the segment to grow on a long-term basis.

The RBI on March 27 last year announced a loan moratorium on payment of instalments of term loans falling due between March 1 and May 31, 2020, due to the pandemic.

Suggesting some measures, Assocham president Vineet Agarwal said banks should increase working capital limit of MSMEs by 20 per cent but not charge any extra collateral.

CG Corp Global chairman Binod Chaudhary said CG Foods plans to launch new food products including biscuits and spices.

IPMA said steel prices have increased more than 60 per cent in the past 10 months and are expected to increase further by Rs 4000/ a tonne in coming days.

It seems like many investors were finally compelled to acknowledge the drawbacks of physical gold and give up their inefficient preference for holding it, said Himanshu Srivastava, associate director, Morningstar India.

With increasing awareness about term insurance, the company expects this number to go up further.

Since 2017, Reliance Industries Ltd along with its JV Partner bp had embarked on concurrent development of three deep water fields in the Krishna Godavari basin block.

It also suggested to re-consider severe restrictions on capacity and eligibility requirements, limit on number of audits.

Aerospace company plans to make investments to expand its engineering and manufacturing footprint in India

Onebasket is present virtually through website and a mobile app and has a physical office in Hyderabad presently.

Under the agreement, the biotech unit of Samsung Group will provide the U.S. drugmaker with contract manufacturing organization (CMO) services for its mRNA vaccine. It means that some of the Moderna vaccine would be produced in South Korea.

Petrol price was increased by 17 paise per litre and diesel by 29 paise a litre, according to a price notification of state-owned fuel retailers.

The drug firm over the past few weeks has ramped up supply of multiple medicines including Remdesivir to meet the surge in demand.

The 65-year-old tycoon Gates is all smiles as he takes a stroll through the Big Apple, according to pictures got by the Every day Mail. The images show Gates wearing his wedding ring.

While the short volatile period has widely been touted as a course correction (one Bitcoin is currently hovering around $37,000 after touching a record high of nearly $60,000 just a couple of weeks ago)

Total income during Q4 FY21 was down by 15.2 per cent to Rs 1,940.62 crore as against Rs 2,289.43 crore in Q4 FY20.

The company had reported a net profit after tax of Rs 137 crore for the January-March quarter of 2019-20.

The board at its meetings held this year on February 27, March 26, and April 28 has considered and approved the said requests, subject to the approval of the stock exchanges, statutory/regulatory authorities and the shareholders of the bank, it said.

The total disbursements made were Rs 1,254.05 crore against Rs 2,112.09 crore registered year ago.

It can neutralise the harmful virus and microbes present in the air by binding the surface protein/spike protein of the Coronavirus or any other harmful virus, the company said

The smartphone with 6GB RAM+128GB storage and 8GB RAM+128GB storage and dual-SIM 5G is priced at Rs 14,990 and Rs 16,990, respectively, in crystal blue and ink black colours and are available on FlipKart and key retail outlets.

The first batch of three tanks have landed at Begumpet Air Force Station today and the remaining eight tanks will be reaching in two more batches in the next few days