by PTI News | Apr 7, 2022 | 8:05 pm | Corporate Action, News
Mumbai, Apr 7 (PTI) Edtech company Jaro Education on Thursday announced its second grant of ESOP (employee stock option plan) worth Rs 15 crore to reward the company's existing employees.According to the scheme, employees of Jaro Education will be able to vest their ESOPs over 3 years, the company said in a statement.The grant of [...]
by PTI News | Apr 7, 2022 | 8:04 pm | News
Kolkata, Apr 7 (PTI) Travel Agents Association of India (TAAI) has decided to postpone its scheduled convention in Sri Lanka in the wake of the economic crisis in the neighbouring country, an official said on Thursday.The 66th Convention & Exhibition of TAAI was scheduled to be held between April 19 and 22 in Colombo, the [...]
by PTI News | Apr 7, 2022 | 7:54 pm | Commodities, Economy, News
New Delhi, Apr 7 (PTI) The Delhi High Court Thursday asked the Centre to evolve and place before it a proper mechanism for conducting periodical checks of e-commerce platforms to ensure compliance with rules relating to the display and packaging of products sold on their websites. A bench of Acting Chief Justice Vipin Sanghi and [...]
by PTI News | Apr 7, 2022 | 7:49 pm | News
New Delhi, Apr 7 (PTI) In a move to boost financial inclusion, telecom regulator Trai has scrapped the charges levied on USSD messages, which are mostly availed by feature phone users, for transactions related to mobile banking and payment services. USSD is a mobile short code that enables financial and banking transactions even on feature [...]
by PTI News | Apr 7, 2022 | 7:46 pm | News
New Delhi, Apr 7 (PTI) Hester Biosciences on Thursday said it will receive a Rs 60-crore grant from Biotechnology Industry Research Assistance Council (BIRAC) to support COVID-19 vaccine manufacturing."The company's board has approved execution of grant-in-aid letter agreement for a grant of Rs 60 crore (in phased manner) to the drug maker by BIRAC under [...]
by PTI News | Apr 7, 2022 | 7:44 pm | News
Mumbai, Apr 7 (PTI) Insurance sector regulator Irdai has sought revised business plans from three state-owned general insurance companies - National Insurance Company Ltd, United India Insurance Company Ltd and Oriental Insurance Company Ltd - that are facing financial issues, a top official said.The three state-owned general insurance players will have to meet certain regulatory [...]
by PTI News | Apr 7, 2022 | 7:42 pm | News
Mumbai, Apr 7 (PTI) Mobility firm SONAE EV has launched its universal charging stations for electric two-wheelers and the company plans to establish 1 lakh charging stations in the country in next 5 years. These charging stations will be up for sale from June 2022, it said in a release. The company said it is also [...]
by PTI News | Apr 7, 2022 | 7:35 pm | News
London, Apr 7 (PTI) The UK Opposition has questioned the non-domicile tax status of India-born Akshata Murty, daughter of Infosys co-founder Narayana Murthy, and demanded an urgent explanation from her husband – UK Chancellor Rishi Sunak.A non-domicile status means Murty, who owns shares in Infosys, is not legally bound to pay tax in the UK [...]
by PTI News | Apr 7, 2022 | 7:31 pm | IPO, News
Mumbai, Apr 7 (PTI) Insurance Regulatory and Development Authority of India (Irdai) has asked insurance companies to go for listing to improve their access to capital, its Chairman Debasish Panda said on Thursday.The listing will help insurance players to raise capital for growing their business and also deepening the insurance penetration in the country, he [...]
by PTI News | Apr 7, 2022 | 7:23 pm | Corporate Action, News
Mumbai, Apr 7 (PTI) Edtech company Jaro Education on Thursday announced its second grant of ESOP (employee stock option plan) worth Rs 150 million (about Rs 1,140 crore) to reward the company's existing employees.According to the scheme, employees of Jaro Education will be able to vest their ESOPs over 3 years, the company said in [...]
