New Delhi, Feb 24 (PTI) The Indian government has refunded Rs 7,900 crore to Britain's Cairn Energy Plc to a dispute over levy of retrospective taxes. Cairn, which is now known as Capricorn Energy Plc, in a statement said the tax refund has been paid and "net proceeds of USD 1.06 billion have been received." [...]
Mumbai, Feb 24 (PTI) Yamaha Motor Company on Wednesday said its shared mobility firm Moto Business Service India (MBSI) has launched its operations in India with an investment in bike rental company Royal Brothers. Yamaha Motor recently announced its entry into two-wheeler asset management services through the launch of MBSI to provide its services for [...]
Bangalore, Karnataka, India (NewsVoir) • Ergonomically designed large control knob and dedicated One Touch tactile buttons for Pulse Function For generations, the Indian kitchen has never been complete without the quintessential Mixer-Grinder. For many, the delectable pastes, curries and chutneys made in the mixer-grinders are a part of the ‘secret recipes’ passed down for generations, [...]
Key highlights: • The Company registered Individual Weighted New Business Premium (IWNBP) of INR 1,193 Cr. in Q3 FY22, a growth of 44% over Q3 FY21 • For the first nine months of FY22, IWNBP increased by 32% to Rs. 2,786 Cr • For the same period, Retail Protection Premium grew by 89%. • Retail [...]
Investor wealth worth over Rs 13.44 lakh crore was wiped off on Thursday as the domestic equity markets tumbled along with global risk assets, after Russia launched military operations against Ukraine. Amid intensifying rout in the global financial markets, the 30-share BSE Sensex plummeted 2,702.15 points or 4.72 per cent to end at 54,529.91. The [...]
New Delhi, Feb 24 (PTI) NSE Academy, a wholly-owned subsidiary of the National Stock Exchange (NSE), on Thursday said it has joined hands with Indian Institute of Management, Raipur to collaborate in the area of joint certification programmes in finance and financial technologies. Under this collaboration, both the institutions will offer market defining, several long [...]
New Delhi, Feb 24 (PTI) The Zydus group on Thursday said its listed entity Cadila Healthcare would now be known as Zydus Lifesciences Ltd as part of new brand identity. The Ahmedabad-based group is present in 55 countries, with 36 manufacturing plants, 8 R&D centres, 1,400 research scientists and 23,000 employees worldwide. "Our new brand identity [...]
WASHINGTON, Feb. 24, 2022 /PRNewswire/ -- The Asia Group ("TAG") is pleased to announce the launch of a sustained initiative to invest and expand its presence in key markets across the Indo-Pacific. As companies focus on Asia for growth, TAG is bullish on the region's long-term dynamism and is committed to enhancing its capacity to [...]
New Delhi, Feb 24 (PTI) The market mayhem on Thursday pulled down as many as 97 stocks from the BSE 500 index to their 52-week low levels as investors pressed the panic button after Russia launched a military offensive against Ukraine. Overall, the market crash has pulled down nearly 279 stocks to their respective one-year [...]