Mumbai, Maharashtra, India – Business Wire India 1 Finance - The Mumbai-based company has signed up with the two-time Champions, Kolkata Knight Riders (KKR), for the country’s biggest sporting event - the Indian Premier League (IPL), scheduled to begin on 26th March 2022. After a successful two-day adrenaline-inducing auction that took place in Bengaluru in [...]
Colombo, Mar 26 (PTI) Sri Lanka’s two major newspapers on Saturday suspended their publication over newsprint shortage and price escalation caused by the country’s all-time worst foreign exchange crisis. The Island, an English daily along with its sister Sinhala paper Divayina, ceased to print as the newsprint scarcities and price escalations hit the media organisation. [...]
Backstage Heroes from Lakmé Salon & Academy will showcase their expert craftsmanship in hair and makeup across over 13 shows at the Atelier MUMBAI, India, March 25, 2022 /PRNewswire/ -- At the on-ground edition of FDCI X Lakmé Fashion Week, Lakmé Salon & Academy, India's leading salon chain, partners with over 13 promising new designers [...]
BANGALORE, India, March 25, 2022 /PRNewswire/ -- Celebrating 5 successful years in India, Lexus India today announced the launch of its new Buyback Promise program starting with the ES 300h and a Loyalty program under the 'Lexus Life', umbrella. Lexus commenced operations in India in 2017, with the commitment of providing amazing experiences to its [...]
New Delhi, Mar 25 (PTI) Real estate developer Supertech Ltd on Friday was declared bankrupt by the National Company Law Tribunal (NCLT), a move that could have a bearing on more than 10,000 home buyers of the firm's ongoing projects in the Delhi and NCR region. Acting on a petition filed by the Union Bank [...]
New Delhi, Mar 25 (PTI) Markets regulator Sebi on Friday imposed penalties totalling more than Rs 3.8 crore on seven entities, including six individuals, for carrying out circular trades in the shares of Sunteck Realty Ltd. The total penalty imposed on five entities is lower than the amount slapped on them through an order passed [...]
Reliance Group Chairman Anil Ambani on Friday resigned as director of Reliance Power and Reliance Infrastructure, following markets regulator SEBI order restraining him from associating with any listed company. "Anil D Ambani, non-executive director, steps down from the board of Reliance Power in compliance of SEBI (Securities and Exchange Board of India) interim order," Reliance [...]
Telecom company Bharti Airtel will acquire a 4.7 per cent stake in Indus Towers from Vodafone Group for about Rs 2,388 crore, according to a company filing. The transaction will be executed at a price of Rs 187.88 per share. "...pursuant to the above referred agreement dated February 25, 2022 entered inter alia into between [...]
Chennai, Mar 25 (PTI) The commercial taxes and registration department in Tamil Nadu has achieved the all-time highest in terms of revenue generated during the 2021-22 financial year, the state government said on Friday. Minister for Commercial Taxes and Registration P Moorthy, in an official release, said the revised budget estimate for 2021-22 was fixed [...]
Indore, Mar 25 (PTI) Hospitality player Apeejay Surrendra Park Hotels (ASPHL) is planning to raise its number of hotels from 27 to 50 by 2024, a senior official said on Friday. "At present we are running 27 hotels and by 2024 we will raise the numbers to 50. We are also looking towards small towns [...]
New Delhi, Mar 25 (PTI) Finance Minister Nirmala Sitharaman on Friday said that unlike several developed nations, the Modi government did not raise taxes to fund the recovery of the COVID-hit economy and focussed on raising public expenditure on infrastructure as it has a multiplier effect. While replying to a discussion on the Finance Bill [...]
Mumbai, Mar 25 (PTI) The government's initiatives like 'Aatmanirbhar Bharat' and 'Make in India' will provide a strong boost to the industry and are expected to yield results in the next 5-7 years, a senior Mahindra Group official said on Friday. "The world has changed a lot, more so in the last couple of years and [...]
Kolkata, Mar 25 (PTI) German luxury car maker Audi plans to develop the market in India by bringing in more products and expanding the network across the country, an official of Audi India said on Friday. Head of Audi India Balbir Singh Dhillon said that the company, part of the Volkswagen Group, presently assembles four [...]
New Delhi, Mar 25 (PTI) Home grown FMCG major Emami on Friday said it has acquired the 'Dermicool' brand from the British multinational consumer goods company Reckitt for a total consideration of Rs 432 crore, expanding its play into the prickly heat and cool talc category.The acquisition, post the consolidation of Dermicool with Emami's own [...]
New Delhi, Mar 25 (PTI) Real estate developer Supertech on Friday was declared bankrupt by the National Company Law Tribunal (NCLT), a move that could have a bearing on 25,000 home buyers of the firm's ongoing projects in the Delhi and NCR region. Acting on a petition filed by the Union Bank of India for [...]
New Delhi, Mar 25 (PTI) DIAL, the operator of the airport in the national capital, expects to connect to over 60 international destinations after regular overseas flights resume this month. After remaining suspended for over two years in the wake of the coronavirus pandemic, scheduled international commercial flights will resume on March 27. The Indira [...]
New Delhi, Mar 25 (PTI) Finance Minister Nirmala Sitharaman on Friday said the retrospective amendments relating to claiming deduction for cess and surcharge is aimed at preventing misuse of the provision, especially by those who have treated it as exemptions or business expenditures.The Finance Bill had proposed retrospective disallowance of deduction for surcharge or cess [...]
Mumbai, Mar 25 (PTI) As India is set to recommence scheduled international flight services from March 27, which remained suspended for the last two years, Gulf carrier Emirates on Friday announced it re-introduce its pre-pandemic service frequency across its destinations in the country from April 1. Prior to the pandemic hitting the country in March [...]
New Delhi, Mar 25 (PTI) The CISF on Friday took over security of the Reliance Group-promoted Jio World Centre in Mumbai with the induction of about 230 armed personnel who will provide the mega business and entertainment facility a counter-terrorist cover. The paramilitary force said in a statement issued in Delhi that it will provide [...]
New Delhi, Mar 25 (PTI) Gas industry expert Sanjay Kumar on Friday took over as the new managing director of Indraprastha Gas Ltd - India's largest CNG distribution company. "Kumar, a Mechanical Engineer from IIT Kharagpur and an MBA, brings to IGL a rich domain experience of over 34 years in the gas sector during [...]
