by PTI News | Jan 13, 2022 | 9:10 pm | Economy, News
New Delhi, Jan 13 (PTI) Industry body Ficci has suggested the government to reduce the quarantine period to 5 days for coronavirus-infected individuals, at least for those in home isolation, so as to minimise the impact on the economy in terms of manpower shortages. In a letter to Commerce and Industry Minister Piyush Goyal, the [...]
by PTI News | Jan 13, 2022 | 9:01 pm | Economy, News
Mumbai, Jan 13 (PTI) Eight Non-Banking Financial Companies (NBFCs) and one housing finance company have surrendered their certificates of registration to RBI. The Mumbai-based Indie Homefin Pvt Ltd has surrendered the Certificate of Registration (CoR) granted by the National Housing Bank and the Reserve Bank of India (RBI) has therefore cancelled the CoR, the central [...]
by PTI News | Jan 13, 2022 | 8:46 pm | News
New Delhi, Jan 13 (PTI) The National Company Law Appellate Tribunal (NCLAT) on Thursday issued notices over a petition filed by Amazon challenging fair trade regulator CCI's suspension of its over two-year-old approval for the e-commerce major's deal with Future Coupons Pvt Ltd (FCPL). The appellate tribunal has directed the Competition Commission of India (CCI) [...]
by PTI News | Jan 13, 2022 | 8:41 pm | News
New Delhi, Jan 13 (PTI) The National Company Law Appellate Tribunal (NCLAT) on Thursday issued notices over the petition filed by e-commerce major Amazon, challenging a recent order passed by the fair trade regulator CCI that suspended the over-two-year-old approval for its deal with Future Coupons Pvt Ltd (FCPL). The appellate tribunal has directed the [...]
by PTI News | Jan 13, 2022 | 8:28 pm | Economy, News
New Delhi, Jan 13 (PTI) India has recalibrated its demands for relaxation of norms for the services sector under a free-trade agreement (FTA), making it more broad-based while negotiating such trade deals, instead of focusing only on easy visa for its professionals, Commerce Secretary BVR Subrahmanyam on Thursday said. Earlier, he said India was getting [...]
by PTI News | Jan 13, 2022 | 8:20 pm | Corporate Action, News
New Delhi, Jan 13 (PTI) NODWIN Gaming, a subsidiary of BSE-listed Nazara Technologies, on Thursday said it has acquired comic, pop culture and superheroes merchandising retailer - Planet Superheroes.While NODWIN did not disclose the financial details, Nazara Technologies said the transaction value is Rs 4.9 crore."...Board of Directors of Nodwin Gaming Pvt Ltd, a [...]
by PTI News | Jan 13, 2022 | 8:19 pm | News
New Delhi, Jan 13 (PTI) Following are the top business stories at 2015 hours: DEL54 BIZ-LD STOCKS Markets maintain momentum for fifth day as investors digest Q3 results, macro data Mumbai: Equity indices ticked higher for the fifth session on the trot on Thursday as largely positive Q3 results from IT majors enthused investors, though [...]
by PTI News | Jan 13, 2022 | 8:16 pm | News
London, Jan 13 (PTI) The University of Oxford has appointed Indian-origin academic Professor Soumitra Dutta as the new Dean of its Saïd Business School. Professor Dutta, currently Professor of Management at the Cornell SC Johnson College of Business at Cornell University in New York, will take up his new UK post on June 1 this [...]
by PTI News | Jan 13, 2022 | 7:58 pm | Corporate Action, News
Mumbai, Jan 13 (PTI) State Bank of India (SBI) on Thursday said it has raised USD 300 million from Regulation S Formosa bonds offering a coupon of 2.49 per cent. Formosa bond is a bond issued in Taiwan. SBI, through its London branch, raised USD 300 million in 5-year money, which was benchmarked against the [...]
by PTI News | Jan 13, 2022 | 7:49 pm | News
New Delhi, Jan 13 (PTI) Billionaire Gautam Adani's group and South Korea's Posco have signed an initial pact to explore business opportunities to invest about USD 5 billion on projects that include setting up an integrated steel mill in Gujarat, the two firms said on Thursday. The non-binding pact, if it fructifies, will give infrastructure [...]
