by PTI News | Apr 8, 2022 | 7:54 pm | News
New Delhi, Apr 8 (PTI) A TCS-led consortium has bagged a Rs 550 crore order from BSNL for deploying indigenously-designed 4G network, an official source said on Friday. The TCS consortium will initially deploy 6,000 mobile towers for BSNL 4G services. "TCS-led consortium has been given order worth Rs 550 crore to deploy 6,000 sites [...]
by PTI News | Apr 8, 2022 | 7:48 pm | News
Mumbai, Apr 8 (PTI) In a bid to check fraud, the Reserve Bank on Friday decided to permit all banks to introduce card-less cash withdrawal through ATMs.Currently, card-less cash withdrawal through ATMs is a permitted mode of transaction offered by a few banks in the country on an on-us basis (for their customers at their [...]
by PTI News | Apr 8, 2022 | 7:38 pm | News
Guwahati, Apr 8 (PTI) E-commerce major Flipkart is set to launch its first grocery fulfilment centre in Assam, which will be run by an all-woman team, a top company official said on Friday.The facility, which will be inaugurated on Saturday at Palasbari near Guwahati, would be the second such grocery fulfilment centre of Flipkart helmed [...]
by PTI News | Apr 8, 2022 | 7:35 pm | Corporate Action, News
New Delhi, Apr 8 (PTI) Sebi on Friday clarified that shareholders' omnibus approval for related party transactions given in an annual general meeting will be valid up to the date of the next such meeting for a period not exceeding 15 months. In case of omnibus approvals for material related party transactions (RPTs), obtained from [...]
by PTI News | Apr 8, 2022 | 7:35 pm | Commodity Prices, Economy, News
New Delhi, Apr 8 (PTI) India's gross tax collections soared to a record high of Rs 27.07 lakh crore in the fiscal year ended March 31, led by impressive growth in corporate tax and customs, taking the tax-to-GDP ratio to an over two-decade high of 11.7 per cent, Revenue Secretary Tarun Bajaj said on Friday. [...]
by PTI News | Apr 8, 2022 | 7:28 pm | News
New Delhi, Apr 8 (PTI)The Supreme Court Friday said that receiving foreign donations cannot be an “absolute or even a vested right” and by its very expression, it is a reflection on the constitutional morality of the nation as a whole being incapable of looking after its own needs and problems.The apex court said foreign [...]
by PTI News | Apr 8, 2022 | 7:10 pm | News
Mumbai, Apr 8 (PTI) Reserve Bank of India on Friday said it has imposed a penalty of Rs 93 lakh on Axis Bank for various violations, including those related to KYC guidelines. The central bank has also slapped a fine of Rs 93 lakh on IDBI Bank. A monetary penalty of Rs 93 lakh has [...]
by PTI News | Apr 8, 2022 | 7:09 pm | News
New Delhi, Apr 8 (PTI) Ambuja Cements expects demand in the cement industry to grow over 7 per cent in 2022, adding it is "well-braced" to meet the requirements. The growth would be helped by factors such as infrastructure growth, demand for housing, increase in rural incomes and industrial growth, said Ambuja Cements, part of [...]
by PTI News | Apr 8, 2022 | 7:01 pm | News
New Delhi, Apr 8 (PTI) The Supreme Court Friday upheld the validity of certain amendments to the provisions of the Foreign Contribution (Regulation) Act, 2010, which came into effect in September 2020, saying "the strict regime had become essential because of the past experience of abuse and misutilisation of foreign contribution.” Observing that receiving foreign [...]
by PTI News | Apr 8, 2022 | 6:50 pm | News
New Delhi, Apr 8 (PTI) Vaccine maker Serum Institute of India (SII) on Friday said the precaution dose of its Covishield vaccine against COVID-19 will be priced at Rs 600 per shot for eligible individuals. SII CEO Adar Poonawalla also welcomed the government’s move to allow precaution dose of the vaccine to all aged above [...]
