by PTI News | Feb 9, 2022 | 11:20 pm | Company Results, News
Mumbai, Feb 9 (PTI) Lenders to Future Retail have classified the account as a non-performing asset (NPA), but do not want to take any pre-emptive action and have asked the company to submit a "viable" resolution plan. "There is no deference (in classification of Future Retail as NPA) or so. All of us (banks) have [...]
by PTI News | Feb 9, 2022 | 11:04 pm | News
Mumbai, Feb 9 (PTI) Taxi and auto-rickshaw unions in Mumbai and other parts of Maharashtra on Wednesday opposed motorbike taxi services operated by app-based aggregators, saying they are "illegal" and adversely affecting their business.A delegation of auto-rickshaw drivers and owners, under the leadership of union leader Shashank Rao, submitted a representation to the Maharashtra transport [...]
by PTI News | Feb 9, 2022 | 11:03 pm | News
New Delhi, Feb 9 (PTI) Lupa Systems founder James Murdoch and Uday Shankar, the ex-chairman and CEO of Star India and the former president of Walt Disney Asia Pacific, on Wednesday announced formation of an investment venture Bodhi Tree, which will raise up to USD 1.5 billion from the Qatar Investment Authority (QIA). This new [...]
by PTI News | Feb 9, 2022 | 10:56 pm | News
Kathmandu, Feb 9 (PTI) Dabur Nepal, the local entity of Indian FMCG major, will inject Rs 9.68 billion (USD 80 million) into its production plant in the Himalayan country, the company announced on Wednesday. Nepal's investment board chaired by Prime Minister Sher Bahadur Deuba has approved the investment amount. According to a statement issued by [...]
by PTI News | Feb 9, 2022 | 10:55 pm | Commodities, News
New Delhi, Feb 9 (PTI) Consumer protection regulator CCPA has passed an order against GlaxoSmithKline (GSK) Consumer Healthcare Ltd directing it to discontinue advertisements of Sensodyne products in India for flouting norms. The Central Consumer Protection Authority (CCPA) has also passed an order against Naaptol Online Shopping Ltd for misleading [...]
by PTI News | Feb 9, 2022 | 10:48 pm | News, News Alert
Govt bans import of drones; provides certain exceptions. PTI RR RAM RAM
by PTI News | Feb 9, 2022 | 10:15 pm | News
Kolkata, Jan 9 (PTI) Exporters on Wednesday claimed that the revised parking fees of vehicles carrying cargo at land ports set by the West Bengal government are extremely high and have a negative impact on export business.The state government has also decided to take direct control of the parking lots at land ports, which has [...]
by PTI News | Feb 9, 2022 | 10:01 pm | News, News Alert
CCPA passes order against Naaptol Online Shopping for misleading ads, unfair trade practices. PTI LUX ABM ABM
by PTI News | Feb 9, 2022 | 10:00 pm | News
New Delhi, Feb 9 (PTI) Ravi Mittal on Wednesday took charge as chairperson of the Insolvency and Bankruptcy Board of India (IBBI). IBBI is a key institution in implementing the Insolvency and Bankruptcy Code (IBC). "Prior to joining the IBBI as chairperson, he superannuated from the position of Secretary, Department of Sports, Ministry of Youth [...]
by PTI News | Feb 9, 2022 | 9:56 pm | Economy, News
New Delhi, Feb 9 (PTI) Finance Minister Nirmala Sitharaman on Wednesday said the projected fiscal deficit of 6.9 per cent for the current financial year is a "responsible" target as the government has tried to ensure a balance between keeping up expenditure and being fiscally prudent. Making an intervention during the discussion on the Union [...]
