Business

CEPI will initially contribute up to $5 million towards the cost of scaling up the process for manufacturing the vaccine

In the stage II, shortlisted interested bidders will be provided with a request for proposal (RFP) and thereafter there will be a transparent bidding process, said a presentation by the ministry.

Ajay Sakhamuri is the founder and CEO while Ravindra Adusumilli is the Co-Founder and CTO.

Volumes of the automotive industry will take 2-3 years to revert to the pre-COVID-19 highs.

The commissioner of income tax (exemption) (CIT-E) had threatened to upend the decades-old ownership of Tata Sons by the trusts by alleging that such shareholdings are in violation of the income tax laws.

In January this year, Amazon founder Jeff Bezos had announced $1 billion (over Rs 7,000 crore) investment in India to help bring small and medium businesses online.

The report added that FDI outflows from South and South-West Asia increased for the fourth consecutive year, modestly growing from $14.8 billion in 2018 to $15.1 billion in 2019.

Subbarao said the second positive aspect he sees is India's federalism, which, "warts and all", has withstood the test of vigorous democracy though there were tensions between the Centre and the states on some issues such as GST compensation.

Responding to a follower who asked about get an update on whether Tesla India is still happening in January 2021, Tesla CEO Elon Musk said: "No, but definitely this year"

Hyderabad-based company’s G-FP additive helps industry save 7,500 trees in the last 2 years

A one-day conference with theme “Strengthening, Promoting and Empowering GIs and its Producer Community” will also be held as part of the effort to promoter GIs.

According to AS Mehta, President of IPMA, high cost of raw material coupled with significant increase in fuel cost and other inputs has resulted in a substantial increase in the cost of manufacture of paper and paperboard.

Through the partnership, the companies will further transform the last mile deliveries from petrol to electric with their expertise in EV technology and internet of things (IoT) enabled operations, it said.

It, however, said net NPAs and credit provisions will subsequently trend lower in 2021-22 as banks have reported strong collections on their loan portfolio with most of them reporting collections of over 90 per cent.

The consultant, however, noted that office space demand rose 52 per cent during October-December period of 2020 to 8.27 million sq ft from 5.43 million sq ft in the previous quarter.

Addressing a virtual 'AML/CFT Conference 2020', Sujit Kumar Varma, SBI's Deputy Managing Director (Corporate Accounts Group) said that the trade-based money laundering remains a significant risk.

Reliance Mediaworks Financial Services Private Limited, an RCAP Group company, is one of the investors in PFL -- promoted by Naresh Malhotra and Namit Malhotra. Reliance Mediaworks holds 10.57 per cent stake in the PFL.

The deadline to file Income Tax Returns (ITRs) by individual taxpayers for 2019-20 fiscal (Assessment Year 2020-21) ends on December 31, 2020, while the same for taxpayers whose accounts require to be audited is January 31, 2021.

The Cellular Operators' Association of India (COAI), in its outlook for 2021, said 5G launch is expected in the later part of the year.

Including Rs 7,485 crore bond issuance, the total capital raising stood at Rs 1,84,953 crore, according to the report.

“Although Covid-19 did act as a deterrent, but we have been able to achieve all the programmes planned for 2020 Year of AI,” Ranjan said.

Sensex settled up by 380.21 points or 0.81 per cent at its all-time closing high of 47,353.75

At the interbank forex market, the domestic unit opened at 73.52 against the US dollar and witnessed an intra-day high of 73.47 and a low of 73.61

This collaboration enables Google Pay users to order, track and even recharge ICICI Bank FASTag digitally on the payments platform itself.