by PTI News | Apr 7, 2022 | 10:43 pm | Corporate Action, News
New Delhi, Apr 7 (PTI) Softbank-backed eyewear retailer Lenskart on Thursday announced the expansion of its online presence by offering products on Nykaa, Myntra, Tata Cliq and other platforms. The move is part of its plan to "scale up presence on all international platforms this quarter". "This step highlights our continued efforts to fully transform [...]
by PTI News | Apr 7, 2022 | 10:34 pm | Economy, News
Washington, Apr 7 (PTI) A key US Congressional committee has passed a legislation to eliminate the per-country cap on issuing of Green Card on employment-based immigrant visas and to increase the per-country cap for family-based immigrant visas from seven per cent to 15 per cent, a move which will benefit Indian IT professionals languishing over [...]
by PTI News | Apr 7, 2022 | 10:33 pm | Corporate Action, News
New Delhi, Apr 7 (PTI) The government on Thursday approved providing one-time window to state and central public sector units to surrender coal mines that could not be made operational due to technical reasons. The decision was taken by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi. No penalty will [...]
by PTI News | Apr 7, 2022 | 10:01 pm | Corporate Action, News
New Delhi, Apr 7 (PTI) The government may ask Ola Electric to explain the incident of its electric scooter catching fire in Pune last month, a senior government official said on Thursday. The government had ordered a probe last month after an e-scooter launched by the ride-hailing operator's electric mobility arm caught fire in Pune. [...]
by PTI News | Apr 7, 2022 | 9:51 pm | News, News Alert
Key Congressional committee passes bill to eliminate per country caps on Green Card. PTI LKJ AMS AKJ AMS AMS
by PTI News | Apr 7, 2022 | 9:37 pm | Economy, News
New Delhi, Apr 7 (PTI) Traders' body CAIT and Indian Footwear Association (IFA) on Thursday urged Finance Minister Nirmala Sitharaman to keep GST on footwear costing below Rs 1,000 at 5 per cent.With effect from January 1, 2022, all footwear, irrespective of prices, attract a GST rate of 12 per cent.To support their contention, they [...]
by PTI News | Apr 7, 2022 | 9:34 pm | Corporate Action, News
New Delhi, Apr 7 (PTI) The Delhi High Court on Thursday granted interim protection from arrest to SpiceJet promoter Ajay Singh in a case of an alleged fraud related to the transfer of shares of the airline to certain individuals. “No coercive action shall be taken against the petitioner till next date of hearing and [...]
by PTI News | Apr 7, 2022 | 9:34 pm | Economy, News
Mumbai, Apr 7 (PTI) Insurance Regulatory and Development Authority of India (Irdai) is likely to urge the government to remove the Rs 100 crore entry cap for setting up an insurance company in the country, its Chairman Debasish Panda said on Thursday.The lower entry barrier will facilitate the entry of more niche players in the [...]
by PTI News | Apr 7, 2022 | 9:31 pm | News
New Delhi, Apr 7 (PTI) Jindal Stainless Limited (JSL) on Thursday posted a 23 per cent jump in its sales at 10.11 lakh tonnes in FY22 compared to the year-ago period. During the fourth quarter of FY22, the company's sales volume stood at 2,69,168 tonnes, up 6 per cent compared to the year-ago period. In [...]
by PTI News | Apr 7, 2022 | 9:12 pm | Foreign Exchange and Rupee Price, News
Mumbai, Apr 7 (PTI) The rupee declined 19 paise to close at 75.95 (provisional) against the US dollar on Thursday as the hawkish stance of the US Federal Reserve affected investor sentiments in global markets and bolstered the American currency.A negative trend in domestic equities and elevated oil prices amid the Russia-Ukraine conflict added to [...]
