Business
Assam's Numaligarh refinery keen to set up retail outlets in Myanmar

Assam's Numaligarh refinery keen to set up retail outlets in Myanmar

02-05-2023 comments

Guwahati (IANS) The state-owned Numaligarh Refinery Limited (NRL) in Assam plans to enter neighbouring Myanmar by setting up retail outlets once the situation is conducive in the trouble-torn country.

Chairman and Managing Director of NRL,…

April GST collections: Robust, reasonable: Experts

April GST collections: Robust, reasonable: Experts

02-05-2023 comments

Chennai (IANS) Experts are voicing mixed views - robust, reasonable - on the Rs 1.87 trillion of goods and services tax (GST) collections made in April 2023 up from about Rs 1.60 trillion for March 2023.

"The GST collections displayed a robust…

Google pays entire Rs 1,338 cr penalty to CCI in Android case

Google pays entire Rs 1,338 cr penalty to CCI in Android case

02-05-2023 comments

New Delhi (IANS) In probably the first case of a Big Tech giant paying a penalty to the Indian regulators as the government aims to bring a new Digital India Act, Google has paid the entire penalty amount of Rs 1,337.76 crore imposed by the Competition…

eBay appoints Vidmay Naini to lead global emerging markets, including India

eBay appoints Vidmay Naini to lead global emerging markets, including India

02-05-2023 comments

New Delhi (IANS) Global e-commerce company eBay on Tuesday appointed Indian-origin Vidmay Naini as its lead for global emerging markets, including India.

Naini has been with eBay for 18 years and during his tenure, he played a central role…

Go First cancels all flights on May 3-4 amid financial crunch

Go First cancels all flights on May 3-4 amid financial crunch

02-05-2023 comments

New Delhi (IANS) In a major blow to its passengers, low-cost airline Go First has announced that all its flights will remain cancelled on May 3-4. The decision was communicated to the Directorate General of Civil Aviation (DGCA) by the airlines and…

IIHL receives Rs 50,000 cr financial offers from overseas lenders for Reliance Capital acquisition

IIHL receives Rs 50,000 cr financial offers from overseas lenders for Reliance Capital acquisition

01-05-2023 comments

Mumbai (IANS) The Hinduja Group arm, IndusInd International Holding Ltd. (IIHL), which emerged the highest bidder for Reliance Capital in the recently concluded auction, is firmly in the driver's seat as the company has already received Rs 50,000…

Market setup points to further rally

Market setup points to further rally

01-05-2023 comments

It was the expiry week and surprisingly it was all smooth sailing. Markets gained on all the five days with Monday and Friday contributing the bulk of the gains. Friday was a special day as it was the first day of the May futures series and stocks…

Remitted money for overseas acquisitions, cross-border transactions duly vetted: Byju Raveendran

Remitted money for overseas acquisitions, cross-border transactions duly vetted: Byju Raveendran

30-04-2023 comments

New Delhi (IANS) Byju Raveendran, Founder and CEO of ed-tech major BYJU's, has written a letter to his employees, accessed by IANS, saying that in order to fund overseas acquisitions, the company has remitted "some of its funding" abroad, as it…

Global markets turn cautious again amid concerns of banking crisis

Global markets turn cautious again amid concerns of banking crisis

30-04-2023 comments

New Delhi (IANS) Global economy was once again beginning to stare at the possibility of economic slowdown as fears re-emerged over the possibility of economic recession in the US owing to another banking crisis, a research note by Jahnavi Prabhakar,…

India's foreign exchange reserves fall to $584.24 billion

India's foreign exchange reserves fall to $584.24 billion

29-04-2023 comments

New Delhi (IANS) India's foreign exchange reserves fell by $2.164 billion to $584.248 billion for the week ending April 21, according to data released by the Reserve Bank of India (RBI) on Friday.

In the previous reporting week, the overall…

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