Business

The plan includes 20 per cent reduction in corporate office headcount, reducing contactors, reallocation of resources etc, the company said.

On a consolidated basis, during the quarter, it had expenses of Rs 19.71 crore for the quarter on manpower optimisation in overseas subsidiaries.

The finance minister also said that infrastructure creation, continuing reforms, and transparency of accounts are major features of this year’s Budget

These employees had been working on a fixed-term contract with the airline and some of them were with the carrier for more than 15 years, the sources added.

The company which currently has 1,300 employees hired over 550 people last year and witnessed a three times business growth in the pandemic-hit year.

Along with fertilizers, pesticide is also an important agro input that helps in curbing pests and diseases on plants and plays a major role in increasing agricultural production.

The ED had arrested her husband Deepak Kochhar in September 2020 after it filed a criminal case for money laundering.

The economy expanded 1 per cent in the fourth quarter, a second consecutive quarter of growth.

A fireside chat titled “Charcha2021 – Healthcare to Hit Refresh” between Telangana Industries Minister KT Rama Rao and Satya Nadella, CEO, Microsoft, will be the highlight this year

The lender also said it has waived the processing fee till March for borrowers availing home loans for the bank's approved projects

Around 1.10 pm, HDFC's shares were at Rs 2,798, higher by Rs 39.35 or 1.43 per cent from its previous close.

India is taking care of the domestic vaccine requirement first and based on that "giving vaccines to friendly countries," he said.

The report said that Indian steel players are likely to defer the capacity addition plans of almost 10 MT by at least one to two years.

According to a filing with the US Securities And Exchange Commission, the 48-year-old sold 30,000 shares on February 9, reports marketwatch.com.

"Our business has seen strong momentum through Covid and we continue to make good progress towards achieving profitability and managing cash flows," said Neelesh Talathi, CFO, Pepperfry.

YouTube was the subscription app leader across both Apple and Google app stores, earning $991.7 million in gross revenue globally and $562 million in the US alone.

The court had said the distribution of funds need to be undertaken by the SBI Mutual Fund and completed within 20 days.

Even though the 5G network will not be available until late 2022 or early 2023 in the country, smartphone vendors like OnePlus and realms are bullish on launching 5G-ready devices for the masses, according to market research firm CMR.

This is the third investment by InnoVen Capital in Pepperfry since 2017.

The ED had arrested Deepak Kochhar in September 2020 after it filed a criminal case for money laundering based on an FIR registered by the CBI against the Kochhars, Dhoot and others.

The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.07 per cent to 90.48.

Infosys was the top gainer in the Sensex pack, rising around 2 per cent, followed by Tech Mahindra, HCL Tech, HDFC Bank, TCS and Reliance Industries.

Union Minister Nitin Gadkari pitches for an integrated approach for developing indigenous fuel cells for EVs.

Natural gas production in the country in February 2020 was 80 million standard cubic meters per day and in January this year it reached 82 mmscmd, said Anand Gupta, Additional Director General, DGH.