Business

Currently, state-owned ONGC and OIL pay a cess on crude oil they produce from their allotted fields on a nomination basis.

India's GDP growth was forecast to dip in 2022 calendar year to 5.9 per cent, according to the report.

T-Tribe announced incubating eight idea-stage startups founded by students and first-time entrepreneurs

During the same quarter last fiscal, the bank had reported a net profit of Rs 2,348.72 crore. It said that for Q3FY21, the bank's contribution to the consolidated profit after tax was Rs 1,854 crore.

"The gain of divestment is ...accrued against the sale of the Electrical & Automation business to Schneider Electric SE and ... sale of the UK based Marine control & automation systems subsidiary to Rolls-Royce Power Systems AG," the company said.

"We are extremely delighted to achieve complete integration of all branches and delivery channels of erstwhile Andhra Bank and Corporation Bank ," the bank's managing director and CEO Rajkiran Rai G said in the release.

"It is a case of daylight robbery of e-commerce entities in India and, therefore, demands immediate action against the erring e-commerce portals and online mechanism providers," CAIT stated.

Kumar will head Allcargo's CFS, P&E, and Contract Logistics divisions as well as focus on overall organizational compliance.

The pandemic-induced WFH has created doubts over continuation of income tax holiday extended to IT and ITeS units operation from Special Economic Zones (SEZ).

"In just over a year of sales operations, Kia has emerged as India's youngest automobile disruptor and one of the best-selling automobile brands in the country," Kia Motors India Managing Director and CEO Kook Hyun Shim said.

Vinod Nair, Head of Research at Geojit Financial Services stated that Indian markets witnessed a highly volatile trade due to weak global market and reports of Indo-China border tension.

The government should commit to the reduction of inequality by setting a timeline

An MoU was signed by both the companies and have initially rolled out the new offering in Hyderabad and will make it pan-India shortly.

Galaxy S21 sales are estimated to be 40 per cent larger than those of the Galaxy S20, which sold about 1.7 million units last year, according to market tracker Counterpoint Research.

"We'll invest another $50 million in partnership with public health agencies to reach underserved communities with vaccine-related content and information," Pichai said in a statement.

According to the sources, the next-generation iPhones' Face ID system will see some design changes with the size of the notch at the top of the screen to shrink and their ultrawide angle lens upgraded from 5P to 6P

Mumbai: The rupee rose by 3 paise to settle at 72.94 (provisional) against the US dollar on Monday, extending its gains for the fifth straight session despite heavy selling in the domestic equity market. At the interbank forex market, the rupee opened at 72.95 against the American currency, and hit an intraday high of 72.89 […]

"In fact, the increase in wealth of the top 11 billionaires of India during the pandemic could sustain the NREGS scheme for 10 years or the health ministry for 10 years," according to the Oxfam report.

The official said that the group is alleged to have misused various permissions given under SRA schemes.

The official further said seven Indian companies had participated in the pre-bid meeting for constructing the underground station at BKC.

Uber acquired Postmates in July last year for $2.65 billion, after it failed to buy rival food delivery service Grubhub.

The decline in FDI inflows was concentrated in developed countries, where fund flows fell by 69 per cent to an estimated USD 229 billion.

"For our users who are looking for the right combination of great sound quality and aesthetic design, the OnePlus Buds Z Steven Harrington Edition will prove to be a valuable addition,'' said Pete Lau

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.13 per cent to 90.12.