PeopleStrong appoints Sitesh Prasad as head of global markets and partnerships in Singapore
NEW DELHI: PeopleStrong, Asia’s leading Enterprise Work and HR Tech company, has appointed Sitesh Prasad as Vice President – Global Markets and Partnerships to join their regional headquarters in Singapore. The appointment comes as a part of PeopleStrong’s continuing effort to invest in growth and reach across emerging markets. In the past two years, Multiples […]
Covid 19 vaccine price:Private hospitals can charge a maximum of Rs 780 for Covishield, Rs 1,410 for Covaxin, and Rs 1,145 for Sputnik V
NEW DELHI: The government of India has set the maximum price private hospitals can charge for the three Covid-19 vaccines currently available in the country — Covishield Rs 780 per dose, Covaxin Rs 1,410 and Sputnik V Rs 1,145. In a letter to all states and union territories on Tuesday, the Health Ministry suggested that […]
Indian Oil Corp to invest Rs 24,000 crore in Gujarat petchem project
NEW DELHI: State-owned Indian Oil Corporation (IOC) on Monday said it has signed up an investment pact for adding petrochemical and lube plants to its previously announced plan to expand crude oil processing capacity at its Koyali refinery at Vadodara in Gujarat. Expanding refining capacity by 4.3 million tonnes per annum to 18 million tonnes […]
IndiGo quarterly loss widens to Rs 1,147 crore
NEW DELHI: InterGlobe Aviation, parent of the country’s largest airline IndiGo, on Saturday reported a consolidated net loss of Rs 1,147.2 crore in the three months ended March, primarily due to a sharp decline in revenues amid the coronavirus pandemic. The airline, which had a fleet of 285 planes at the end of March 2021, […]
Seven of top-10 most valued firms add over Rs 1.15 lakh crore to m-cap; RIL lead gainer
NEW DELHI: Seven of the top-10 most valued companies together added Rs 1,15,898.82 crore in market valuation last week, with Reliance Industries grabbing the top spot. Last week, the 30-share BSE Sensex jumped 677.17 points or 1.31 per cent. Reliance Industries, HDFC Bank, Hindustan Unilever, HDFC, State Bank of India, Bajaj Finance and Kotak Mahindra […]
India approves RFP for construction of six submarines at approx cost of Rs 43,000 crore
NEW DELHI: The Defence Acquisition Council (DAC), in its meeting held under the Chairmanship of Raksha Mantri (India’s Defence Minister) Rajnath Singh on June 04, 2021, has approved proposals concerning Capital Acquisitions of various equipment for modernisation and operational needs of the Armed Forces amounting to approx. Rs 6,000 crore. In addition, the DAC also […]
India’s GST revenues up 65% in May at Rs 1.02 lakh crore
NEW DELHI:The gross GST revenue collected in the month of May 2021 is Rs 1,02,709 crore of which CGST is Rs 17,592 crore, SGST is Rs 22,653, IGST is Rs 53,199 crore (including Rs 26,002 crore collected on import of goods) and Cess is Rs 9,265 crore (including Rs 868 crore collected on import of […]
YIAPL secures Rs 3,725 crore loan from SBI for development of Jewar airport
NEW DELHI: The Yamuna International Airport Private Limited (YIAPL) has secured a loan of Rs 3,725 crore from the State Bank of India for the development of Noida international airport at Jewar in Uttar Pradesh, according to a statement issued on Friday. YIAPL is a 100 per cent subsidiary of Zurich Airport International and has […]
South African court freezes assets of Gupta family and associate
JOHANNESBURG: A South African court on Friday froze the assets of the controversial Indian-origin Gupta family and their associate, Iqbal Meer Sharma, which included palatial homes in upmarket areas. On Thursday, the Investigating Directorate (ID) of the National Prosecuting Authority (NPA) of South Africa asked Interpol to issue Red Notice International Arrest Warrants for Atul […]
Covid-19 revival package of Rs 20,000 crore, no fresh taxes in Kerala’s budget
THIRUVANANTHAPURAM: Grappling with the Covid-19 pandemic, the CPI(M)-led LDF government in Kerala announced a Rs 20,000 crore revival package and allocated Rs 1,500 crore for free vaccination in its ‘health oriented’ budget on Friday, while not imposing any fresh taxes. Special loan schemes for financial rejuvenation, relief package for conservation and infrastructure improvement in the […]
Google claims new IT rules not applicable to its search engine, Delhi High Court seeks Centre’s stand
NEW DELHI: US-based Google LLC has contended that India’s new IT rules for digital media are not applicable to its search engine, and urged the Delhi High Court on Wednesday to set aside its single judge order which applied them on the company while dealing with an issue related to removal of offending content from […]