Amazon files fresh law suits in dispute with Future group: Report
Jan 10, 2022, at 03:36 am
New Delhi/IBNS: Amazon has approached the courts challenging the recent decisions in its protracted legal dispute with Kishore Biyani-led Future Group after the Competition Commission of India suspended a 2019 deal between the two sides, leading to a halt in their arbitration, Reuters reported on Sunday citing sources.
Reliance buys iconic hotel Mandarin Oriental New York
Jan 09, 2022, at 06:41 am
New Delhi/UNI: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Saturday announced that one of its group firms has signed a $ 98.15 million deal to acquire a Cayman Islands firm that owns iconic luxury hotel Mandarin Oriental New York in New York City.
Jan 08, 2022, at 04:21 pm
New Delhi/UNI: The fuel prices continued to be steady as petrol and diesel prices remained unchanged on Saturday.
Indian Market: Sensex recovers 142.81 points
Jan 07, 2022, at 11:39 pm
Mumbai/UNI: The BSE Sensex on Friday recovered 142.81 points at 59,744.65 on fresh buying in materials, oil and gas, energy and bankex stocks.
Google Cloud and CryptoWire unite to develop blockchain, crypto ecosystem
Jan 06, 2022, at 11:44 pm
New Delhi/IBNS: TickerPlant, a subsidiary of 63 moons technologies limited, on Thursday announced its collaboration with Google Cloud for the development of the CryptoWire ecosystem, catering to all stakeholders of the crypto and blockchain industry on a common platform.
IRB executes concession agreement for Ganga Expressway project
Jan 06, 2022, at 11:36 pm
Mumbai/UNI: Toll road firm IRB Infrastructure Developers on Thursday said that it has executed the concession agreement with Uttar Pradesh Expressways Industrial Development Authority (UP EIDA) for the development of the 129 km section between Meerut and Budaun on the Ganga Expressway project.
Centre releases revenue deficit grant of Rs 9,871 crore to 17 states
Jan 06, 2022, at 10:17 pm
New Delhi/UNI: The Centre on Thursday said that it has released a revenue deficit grant of Rs 9,871 crore to 17 states.
RIL raises $4 bn in largest-ever foreign currency bond
Jan 06, 2022, at 10:09 pm
New Delhi/UNI: As part of its mega dollar-denominated bond issue, Mukesh Ambani-led Reliance Industries Ltd (RIL) has raised $4 billion joining a select group of issuers from Asia to have made jumbo bond issuances.
Sensex crashes over 800 points
Jan 06, 2022, at 08:40 pm
Mumbai/UNI: The BSE Sensex on Thursday crashed 829.33 points, to move below 60K to 59,393.82 as selling was seen across the board.
Cairn Energy withdraws all litigations against India in retrospective tax case
Jan 06, 2022, at 06:12 pm
New Delhi/IBNS: Cairn Energy, now known as Capricorn energy, has withdrawn all cases in relation to retrospective taxes, allowing the Indian government to roll back the tax regimen and refund the taxes collected in this regard to the company, media reports said.
Adani Enterprises wins major coal import contract with NTPC
Jan 06, 2022, at 05:21 pm
Adani Enterprises Ltd has bagged a big contract with state-run power manufacturer NTPC to supply overseas coal as India plans to avoid a repeat of coal shortage that occurred last year due to flooding of coal mines and soaring demand, media reports said.
Jan 06, 2022, at 05:29 am
Delhi/IBNS: The Delhi High Court on Wednesday told the Enforcement Directorate (ED) that it cannot force a top Amazon executive, who lives in Mumbai and is a mother of an unvaccinated two-year-old child, to be physically present to answer summons as part of its probe into the Amazon Future Group deal, media reports said.
HDFC Bank signs MoU with AIC STPINEXT INITIATIVES to support start-ups
Jan 06, 2022, at 03:30 am
Mumbai/IBNS: HDFC Bank has signed an MoU with AIC STPINEXT INITIATIVES, a special purpose vehicle for Software Technology Parks of India's (STPI) to cater to the banking needs to start ups and other value-added services under SMARTUP Programme.
Alka Mittal becomes first woman to head ONGC
Jan 06, 2022, at 02:03 am
Mumbai/IBNS: State-owned exploration and production company Oil and Natural Gas Company (ONGC) appointed Alka Mittal as its first woman chairman and managing director.
Jan 06, 2022, at 01:04 am
New Delhi/IBNS: Total retail sales of vehicles in the month of December 2021 stood at 15,58,756 down by 16 percent year-on-year while overall retails continue to fall by 6 percent when compared to December 2019 (a regular pre-covid month), according to the data shared by the Federation of Automobile Dealers Association (FADA).
Indian Market: Sensex up 367.22 pts
Jan 05, 2022, at 09:47 pm
Mumbai/UNI: The BSE Sensex on Wednesday advanced 367.22 pts to close high at 60,223.15 following gains in Bajaj finance, Bajaj Finserv, Kotak Bank and Axis Bank.
Axis Mutual Fund launches ‘Axis Nifty Next 50 Index Fund’
Jan 05, 2022, at 08:23 pm
New Delhi: Axis Mutual Fund, one of the leading asset management companies in India announced the launch of Axis Nifty Next 50 Index Fund (An Open Ended Index Fund tracking the NIFTY NEXT 50 Index), on Wednesday.
Zupee announces Strategic Partnership with Reliance Jio
Jan 05, 2022, at 06:55 pm
Mumbai: Zupee, India's largest skill-based casual gaming company, has announced a first-of-its-kind strategic partnership with Jio Platforms Limited.
Indian Market: Sensex up 60 points
Jan 05, 2022, at 06:31 pm
Mumbai/UNI: The BSE Sensex on Wednesday rose 60 points to open to 59,921.98 following gains in FMCG, Finance and Health Care stocks.
Jan 05, 2022, at 05:20 pm
Mumbai/IBNS: Private sector lender Bandhan Bank said its loans and advances grew 11 percent to Rs 89,213 crore in the quarter ending December 31 from Rs 80,255 crore in the year-ago period in an initial provisional disclosure for Q3FY22 filed to the exchanges on Tuesday.
Jindal Stainless supplies stainless steel for Kanpur Metro Project
Jan 05, 2022, at 05:16 pm
New Delhi: Prime Minister Narendra Modi recently inaugurated a 9-km long completed stretch of Uttar Pradesh Metro Rail Corporation’s (UPMRC) Kanpur Metro Project. This metro network sports modern coaches manufactured with stainless steel supplied by Jindal Stainless, the company said.
India Pavilion in Dubai Expo showcasing dawn of new era in J&K: Principal Secretary I&C
Jan 05, 2022, at 04:45 pm
Dubai: The Union Territory (UT) of Jammu and Kashmir (J&K) has witnessed tremendous transformation after the LG administration took over the reign, stated Ranjan Prakash Thakur, Principal Secretary, Industry and Commerce, J&K, while speaking at inaugural ceremony of J&K week at the India Pavilion in EXPO 2020 Dubai today.
Jammu and Kashmir: 4th consignment of Kashmir vegetables sent to Dubai
Jan 05, 2022, at 04:36 pm
Srinagar: Department of Agriculture Kashmir in collaboration with an international marketing group LuLu has sent the fourth consignment of Kashmir specific vegetables ,spices, cereals to Sharjah Dubai, an official press release said.
Jammu and Kashmir delegation to pitch for global investments at Dubai Expo
Jan 05, 2022, at 04:21 pm
Dubai: A delegation from Jammu and Kashmir led by Lieutenant Governor Manoj Sinha will woo business leaders to invest in key sectors like tourism and handicrafts and showcase investment opportunities in the Union Territory during the J&K week starting in Dubai on Monday.
India head of Elon Musk's Starlink resigns
Jan 05, 2022, at 06:43 am
Bengaluru/IBNS: Elon Musk-owned Starlink's India director Sanjay Bhargava announced on January 4 that he has resigned from his post at the satellite internet venture.
ZEE appoints Amrit Thomas as Chief Data Officer
Jan 05, 2022, at 06:05 am
Mumbai/IBNS: ZEE Entertainment Enterprises Ltd (ZEEL) Tuesday said it has appointed Amrit Thomas as the Chief Data Officer to improve its overall capabilities in data analytics across all aspects of decision making.
SBI to not levy service charge on online IMPS transactions up to Rs 5 lakhs
Jan 05, 2022, at 05:26 am
Mumbai/IBNS: Public sector lender State Bank of India Tuesday said it would not levy any service charge on online Immediate Payment Service (IMPS) transactions up to Rs 5 lakh.
Apple becomes the first company to hit $3 tn mark in valuation
Jan 05, 2022, at 04:40 am
US-based Apple Inc has raced its way to become the first corporation to hit a stock market valuation of $3tn.
Union Bank of India digital banking launches cyber security awareness kit and automatic VAPT lab
Jan 05, 2022, at 03:26 am
Kolkata/IBNS: Union Bank of India today, launched the Cyber Security Awareness Kit and inaugurated an automated VAPT (Vulnerability Assessment & Penetration Testing) lab at their Cyber Security Centre of Excellence in Hyderabad to create cyber security awareness among its staff members, customers and other stakeholders.
Jolt for Future as Delhi HC dismisses plea seeking ending of arbitration proceedings with Amazon
Jan 05, 2022, at 02:47 am
New Delhi/IBNS: In a major setback to Future Group, the Delhi High Court has dismissed the pleas filed by Future Group of companies to terminate the arbitration proceedings with Amazon going on in Singapore International Arbitration Centre, media reports said.