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India pavilion records 1 million visitors at Dubai EXPO 2020: Comm min

New Delhi, Feb 14 (PTI) The India pavilion at Expo2020 Dubai has surpassed 1 million footfalls as on February 13, the commerce and industry ministry said on Monday. Commerce and Industry Minister Piyush Goyal had inaugurated the pavilion on October 1, last year. The number of visitors to the Pavilion stood at 10,07,514 as on [...]

Assam speciality tea auctioned at record Rs 99,999 per kg

Guwahati, Feb 14 (PTI) A speciality tea from Assam's Dibrugarh district was on Monday auctioned at Rs 99,999 per kg, a record price fetched for the second time in two months for such a high-end variety of the commodity from the state, officials said. 'Golden Pearl' tea, owned by AFT Techno Trade, went under the [...]

PW & Co LLP set-ups office at GIFT City

New Delhi, Feb 14 (PTI) PW & Co LLP, a member firm of PricewaterhouseCoopers International Ltd, on Monday inaugurated its office in Gujarat International Finance Tec-City (GIFT City) in Gandhinagar. Its new office will be one of the largest set-ups in GIFT City in the tax and regulatory space for providing services to entities intending to set [...]

JB Chemicals Q3 Results: PAT drops 45% to Rs 84 cr

New Delhi, Feb 14 (PTI) JB Chemicals & Pharmaceuticals Ltd on Monday reported a 45 per cent decline in consolidated profit after tax (PAT) at Rs 84.12 crore for the third quarter ended December 2021. The company had posted a consolidated PAT of Rs 154.28 crore in the same period last fiscal, JB Chemicals & [...]

Jio Platforms to buy 17% stake in Glance for USD 200 mln

New Delhi, Feb 14 (PTI) RIL Group's digital entity Jio Platforms will acquire about 17 per cent stake in SoftBank-backed Inmobi's Glance platform for USD 200 million (about Rs 1,500 crore). The proposed deal values the company at USD 1.8 billion. Glance, which provides mobile lock screen content, including videos and advertisements, will use the [...]

Cryptocurrencies threaten financial sovereignty, need to be banned: RBI Dy Guv

Mumbai, Feb 14 (PTI) Making a strong case for banning cryptocurrencies, Reserve Bank Deputy Governor T Rabi Sankar on Monday said they are even worse than Ponzi schemes and threaten the financial sovereignty of a country. Observing that crypto-technology is underpinned by a philosophy to evade government controls, he said they have been specifically developed [...]

Tata Sons appoints Ilker Ayci CEO & MD of Air India

Mumbai, Feb 14 (PTI) Tata Sons on Monday announced the appointment of former chairman of Turkish Airlines Ilker Ayci as the Chief Executive Officer and Managing Director of Air India. The Air India board met this afternoon to consider the candidature of Ilker Ayci and after due deliberations approved the appointment of Ayci as the [...]
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