To overcome the impact of lockdown due to COVID-19, the Mistry group had applied for a one-time loan restructuring with a group of lenders led by State Bank of India in mid-September 2020 when it had faced cash flow problems leading to a Rs 200-crore default on a commercial paper issued to the Union Bank of India.from Moneycontrol Business News https://ift.tt/iKPEeZX
Indigo, Indiaâs second largest airline, will initiate another 6.5 percent hike from November 2022 in case there are no further disruptions.
A round-up of the biggest articles from newspapers
A round-up of the biggest articles from newspapers
"Tejas Networks, upon procuring all necessary consents and approvals, also intends to proceed with acquiring the balance 35.60 per cent shares through a merger process or a secondary acquisition," the statement said.
Indian companies are snapping up Russian oil as it is available at a deep discounts after some companies and countries shunned purchases from Moscow due to sanctions against Russia for its Ukraine invasion.
The post becomes vacant only in November 2022. With this, we have a situation where the two biggest stock exchanges in India are hunting for CEOs simultaneously
Bitcoin#39;s price is currently Rs 36.60 lakh with a dominance of 42.19 percent. This is a 0.09 percent decrease over the day
A round-up of the biggest articles from newspapers
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.
The collaboration will allow Ather Energy customers to avail instant loans from the two private lenders at low-interest rates and with a maximum LTV (Loan-to-value), a release said.
Global banks including Citigroup Inc, JPMorgan Chase Co and Societe Generale face pressure to commit to remaining as custodian banks in Russia, as rivals and funds fret they may lose services critical to future investment in the country.
Savvy investors should look out for the lows and add systematically and not fret and panic. Similarly, it makes immense sense to take profits at the upper end of the range in these highly volatile markets
TCS head for Communication, Media Information Services Kamal Bhadada told PTI that the company is already helping telecom operators across the globe in managing their networks, swapping equipment and technology providers.
The authorization is a global first for the age group for the vaccine, which is manufactured and marketed in India by the Serum Institute of India under the brand name Covovax.
Somewhat quietly, electric vehicles are gaining traction in Latin America, with luxury-car buyers driving the uptick. Passenger EV sales have doubled almost every year since 2016 and did so again in 2021.
Petrol will now cost Rs 96.21 per litre in Delhi, while you shall have to pay Rs 87.47 per litre for diesel. In Mumbai, petrol will now cost Rs 110.78, while diesel would cost Rs 94.94 per litre
Faced with headwinds including slumping stock markets, Oyo-operator Oravel Stays Ltd. could clip its Indian IPO from the nearly $1 billion initially sought to half that, the people said, declining to be identified discussing internal matters.
Sagyarani, a 38-year-old e-shuttle driver for MetroRide, pulls up to one of startup Sun Mobilityâs 14 automated orange-and-black booths, taps her authentication key to open a vacant compartment, inserts a drained battery and pulls out a fully powered pack.
It is the first major EV plan announced by Maruti Suzuki for India in a bid to align itself with a national strategy to reduce oil dependence and cut debilitating air pollution in major cities.
Here is a look at the various ways higher interest rates could affect borrowers.
The central bank announced a quarter-percentage-point increase in its benchmark overnight rate as was widely expected but the projection that its rate would hit between 1.75 percent and 2 percent by year#39;s end was more hawkish than some investors said they had expected.
"The Myanmar government intends to initiate similar currency convertibility for the Indian rupee for trade along the border it shares with India,â said the Ministry of Information, Myanmar, in a statement on Tuesday.
Mykhailo Fedorov, 31, the youngest member of Zelenskyyâs Cabinet, immediately took charge of a parallel prong of Ukraineâs defence against Russia. He began a campaign to rally support from multinational businesses to sunder Russia from the world economy and to cut off the country from the global internet, taking aim at everything from access to new iPhones and PlayStations to Western Union money transfers and PayPal
As of Thursday, there were 523 aircraft leased to Russian carriers by companies outside the country, according to IBA, a consulting firm. Of those, 101 are on lease to S7 Airlines and 89 to Aeroflot. Both airlines have stopped flying internationally, eliminating any chance of repossessing the planes on foreign soil
On November 3, the Centre went for the deepest excise duty cut ever to cool prices from record highs, reducing the duty on petrol and diesel by Rs 5 and Rs 10 respectively
As per an FIR, Vijay Shekhar Sharma had caused a hit-and-run with the Delhi South DCPâs vehicle last month
The office was never one size fits all. It was one size fits some, with the expectation that everybody else would squeeze in. Office banter, for example, might have been a small annoyance for some, but for many others, it amplified a sense that they didnât belong. The last two years however have ushered in an unplanned experiment with a different way of working
Meta on March 11 told employees it was cutting back or eliminating free services â a reflection of the changing workplace culture in Silicon Valley as tech companies adjust to a new hybrid work model