Business
RBI to take up repo rate hikes from April with a cumulative rise of 150bps in FY23

RBI to take up repo rate hikes from April with a cumulative rise of 150bps in FY23

31-01-2022  comments

New Delhi (IANS) The focus of the Union Budget 2022 is likely to be on investment-driven growth with a focus on infrastructure investment to generate multiplier effects to spur economic growth.

Morgan Stanley said in a report the focus will…

Tax free work from home allowances for salaried employees likely in Budget

Tax free work from home allowances for salaried employees likely in Budget

30-01-2022  comments

New Delhi (IANS) The upcoming Budget might increase the standard deduction. The figure could be doubled to Rs 1 lakh from the present Rs 50,000.

Budget 2022 might also introduce tax-free work-from-home allowances for salaried employees. Higher…

DAMEPL requests court to direct DMRC to deposit Rs 6,208 cr into escrow account without any delay

DAMEPL requests court to direct DMRC to deposit Rs 6,208 cr into escrow account without any delay

30-01-2022  comments

New Delhi (IANS) Following the Supreme Court January 24 directive, the Delhi High Court will hear the Delhi Airport Metro-DMRC Case on Monday (January 31).

Delhi Airport Metro Express Pvt Ltd (DAMEPL) has filed a fresh application requesting…

EPFO onboards Air India for social security coverage

EPFO onboards Air India for social security coverage

29-01-2022  comments

New Delhi (IANS) Following the takeover of Air India by Tata Group, the Employees' Provident Fund Organisation (EPFO) has now onboarded the carrier for social security coverage to service the social security needs of its employees.

The…

Divestment: Budget FY23 likely to see higher target; more focus on NMP

Divestment: Budget FY23 likely to see higher target; more focus on NMP

29-01-2022  comments

New Delhi (IANS) Indias Union Budget FY23 is likely to set a higher divestment target for the coming fiscal with more focus being set on the National Monetisation Pipeline (NMP).

Notably, the conclusion of the Air India divestment as well as…

SBI gets requisite approvals for setting up 'bad bank'

SBI gets requisite approvals for setting up 'bad bank'

29-01-2022  comments

Mumbai (IANS) The approvals required for setting up National Asset Reconstruction Company (NARCL) and India Debt Resolution Company (IDRCL), including from the RBI, have now been received, lending major SBI said on Friday.

Accordingly, both…

Indian equities rebound sharply; Sensex, Nifty rise 1 percent

Indian equities rebound sharply; Sensex, Nifty rise 1 percent

28-01-2022  comments

New Delhi (IANS) The Indian equities have rebounded from the previous day's sharp losses and traded in the green during early trade on Friday due to value buying at lower levels.

On Thursday, the sharp losses were because the US Fed's…

Air India comes with over 140 aircraft but no real estate assets for Tata Sons

Air India comes with over 140 aircraft but no real estate assets for Tata Sons

28-01-2022  comments

New Delhi (IANS) Tata Sons subsidiary Talace, which took over the managerial control of Air India on Thursday, will get more than 140 aircraft and eight logos, among other assets such as human resources.

However, the transaction does not include…

Air India's divestment complete; Tata Sons takes over control

Air India's divestment complete; Tata Sons takes over control

27-01-2022  comments

New Delhi (IANS) The Centre on Thursday handed over the management control of national carrier Air India to a subsidiary of Tata Sons.

With this Air India's strategic disinvestment was complete after the Centre received a consideration…

Air India Revamp: New flight App, strategy for better OTP on anvil

Air India Revamp: New flight App, strategy for better OTP on anvil

27-01-2022  comments

New Delhi (IANS) National carrier Air India under the Tata brand is set for major revamp in service standards as well as introduction of new passenger friendly amenities.


According to sources, on avail are the likely introduction of a…

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