New Delhi, Mar 3 (PTI) Batteries and flashlights maker Eveready Industries India Ltd on Thursday said its Non-Executive Chairman Aditya Khaitan and Managing Director Amritanshu Khaitan have resigned following an open offer from the Burman group.The Burman group, through various entities had on Monday made a Rs 604.76-crore open offer to acquire around 1.89 crore [...]
New Delhi, Mar 3 (PTI) Keen to keep government deficit within stated targets, the finance ministry will from March 15 start daily monitoring of the revenue receipts, including tax collections, as well as expenditure. The move comes against the backdrop of a possible deferment of the initial public offering (IPO) of LIC, which was expected [...]
New Delhi, Mar 3 (PTI) Video sharing platform YouTube’s creator ecosystem generated "considerable" economic value and contributed an estimated Rs 6,800 crore to the Indian economy in 2020, according to a report released on Thursday. The report by Oxford Economics, an independent consulting firm, assessed YouTube's economic, societal, and cultural impact in India. The report [...]
New Delhi, Mar 3 (PTI) IPO-bound OYO on Thursday said it has appointed Prakash Padariya as the Chief Information Security Officer for IT and security teams. "In his role at OYO, Prakash will helm a security strategy for OYO's systems globally, including regions such as India, SEA (Southeast Asia), Europe, the USA and the UK," the [...]
New Delhi, Mar 3 (PTI) IT firm Infosys on Thursday said its three-year partnership with Roland-Garros, also known as The French Open Tennis Tournament, has been renewed for a further period of five years till 2026. The contract renewal will bring a new element to the partnership, with Infosys doubling down on broadcast and technology [...]
New Delhi, Mar 3 (PTI) Japan's Kubota Corporation has revised the opening and closing dates for tendering of shares for its open offer for Escorts Ltd to acquire an additional 28.42 per cent stake from public shareholders. Under the revised schedule, the date of commencement of the tendering period of the open offer has been [...]
Shimla, Mar 3 (PTI) Himachal Pradesh is expected to have grown at a pace of 8.3 per cent in 2021-22 as compared with a negative growth of 6.2 per cent in the pandemic-hit 2020-21, according to the Economic Survey presented in the state's Assembly on Thursday. The growth in per-capita income during 2021-22 is estimated [...]
New Delhi, Mar 3 (PTI) Crude oil prices rose Rs 473 to Rs 8,716 per barrel on Thursday as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for the March delivery traded higher by Rs 473 or 5.74 per cent at Rs 8,716 per [...]
New Delhi, Mar 3 (PTI) Guar seed prices on Thursday rose by Rs 68 to Rs 6,024 per 10 quintal in the futures trade after speculators increased their positions driven by a firm trend at spot market. On the National Commodity and Derivatives Exchange, guar seed for March contracts increased by Rs 68 or 1.14 [...]