New York, May 4 (PTI) IBM Chairman and Chief Executive Officer Arvind Krishna has been elected to the Board of Directors of the Federal Reserve Bank of New York.The Federal Reserve Bank of New York on Monday announced that 60-year-old Krishna has been elected as a Class B director, "representing the public with due but [...]
PUNE, and KOLHAPUR, India, May 4, 2022 /PRNewswire/ -- Mr. Lakshmanan Subashchandra Bose, CEO, RENOM Energy Services Pvt. Ltd., was recently awarded 'India's Most Powerful Wind Leader' by Wind Insider 2022. The honour was conferred upon RENOM for being India's first and only Independent Service Provider (ISP) to manage wind turbines of all the five [...]
Washington, May 4 (PTI) The Biden administration has announced that certain categories of immigrants, including those seeking green cards and spouses of H-1B visa holders, would be permitted to use their expired work permits for an additional 18 months, offering a reprieve to thousands of Indians working in this country and prevent further disruption for [...]
MUMBAI, May 4 (PTI) Money Market Operations as on April 2, 2022 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume Weighted (One Leg) Average Rate RANGE A. Overnight Segment 4,55,953.51 3.75 2.00-5.70 I. Call Money 9,524.38 3.65 2.30-3.90 II. Triparty Repo 3,14,234.60 3.76 3.65-3.83 III. Market Repo 1,32,089.53 3.73 2.00-3.90 IV. Repo [...]
Hero MotoCorp on Tuesday said its consolidated profit after tax (PAT) declined by 30 per cent to Rs 621 crore for the fourth quarter ended March 2022 on account of lower sales. The country's largest two-wheeler maker had reported a PAT of Rs 885 crore in the January-March quarter of 2020-21 fiscal. Revenue from operations [...]
Copenhagen, May 3 (PTI) India had no role in exploiting the planet, but is at the forefront in the efforts to save it solely backed by efforts made by every person in the country, Prime Minister Narendra Modi said here on Tuesday. Addressing the Indian community here, the Prime Minister spoke extensively about the steps [...]
New Delhi, May 3 (PTI) Biotechnology major Biocon Biologics on Tuesday said Ireland's health regulator has reported some deficiencies in the manufacturing process at the company's plant in Bengaluru. The Health Products Regulatory Authority (HPRA), Ireland, conducted a GMP (Good Manufacturing Practice) inspection of one of Biocon Biologics' new monoclonal antibody drug substance manufacturing facilities [...]
New Delhi, May 3 (PTI) Plaza Wires Ltd has filed initial papers with Sebi to raise funds through an initial public offering. The IPO (Initial Public Offering) will have a fresh issue of 1,64,52,000 equity shares, according to the Draft Red Herring Prospectus (DRHP). The company may consider a pre-IPO placement of equity shares. If [...]
New Delhi, May 3 (PTI) Ahead of its initial public offering, insurance behemoth LIC on Tuesday approached its policyholders through SMS and other medium to inform them about the share sale. The Initial Public Offering (IPO) of LIC opens for retail and institutional investors on Wednesday and will close on May 9. LIC has fixed [...]
