Fuel Prices Today: Domestic petrol and diesel prices vary across states due to VAT Petrol, Diesel Price Today: Petrol and diesel prices are hiked again across the four metros on Wednesday, June 16, according to Indian Oil Corporation. In Delhi, the petrol prices have been increased by 25 paise from Rs …
Read More »RBI To Focus On Growth Even As Inflation Breaches Tolerance Band
RBI’s focus is on economic recovery in the aftermath of second wave of Covid pandemic The Reserve Bank of India is unlikely to react yet to multi-month high retail prices as economic recovery remains its prime focus amid the deadly second wave of the pandemic, according to two senior sources …
Read More »Competition Commission To Expedite Amazon, Flipkart Anti-Trust Probe
Competition Commission of India plans to expedite probe against Amazon and Flipkart India’s anti-trust watchdog plans to expedite a restarted probe into allegations of anti-competitive behaviour at Amazon.com Inc and Walmart Inc’s Flipkart, as it intensifies scrutiny of big-tech firms, two people close to the matter said. The comments come …
Read More »Shyam Metalics And Energy IPO Oversubscribed On Second Day
Shyam Metalics is selling shares in the price band of Rs 303-306 in the ongoing IPO. Shyam Metalics and Energy share sale via initial public offering (IPO) was oversubscribed on the second day of the issue data from the National Stock Exchange showed. Shyam Metalics and Energy witnessed heavy …
Read More »HDFC Bank Mobile Application Down For One Hour, Issues Resolved
HDFC Bank urged customers to use the net banking alternative to transact in the interim. The mobile banking app of the largest private sector lender HDFC Bank, which has been under the regulatory lens for network outages, was down for an hour on Tuesday due to unspecified issues. The …
Read More »Coal India To Reduce Manpower By 5% Every Year For Next 5-10 Years
Coal India, the world’s largest mining company has 2,72,445 employees as of FY20 Coal India has announced that it will reduce its manpower by 5 per cent each year in the next 5-10 years to improve productivity and reduce operational costs. The company’s vision is to “emerge as a …
Read More »NHPC Signs Agreement With Bihar State Hydro-Electric Power, Edges Higher
Shares of NHPC were last trading 0.93 per cent higher at Rs 27.10 on the BSE. Share price of NHPC Limited edged marginally higher on Tuesday, June 15, a day after the government hydropower board signed an agreement with the Bihar State Hydro-Electric Power Corporation for a hydro-electric project. On …
Read More »Sensex, Nifty Close At Record Highs Led By Gains Banking Shares
The Indian equity benchmarks closed at record highs for second straight session on Tuesday paced by gains in banking, FMCG, media and realty shares as drop in Covid-19 cases and subsequent easing of Covid restrictions in many parts of the country lifted hopes of faster economic recovery. The Sensex …
Read More »Government Seeks Comments On Employees’ Compensation Rules
Government has sought comments on draft rules on employees compensation Ministry of Labour and Employment has sought suggestions from stakeholders on the draft rules related to Employees’ Compensation Under the Code on Social Security 2020, which has provisions relating to employer’s liability for compensation in case of fatal accidents, …
Read More »Online Education Portal Cuemath Eyes Funding, $1 Billion Valuation
Online education portal Cuemath aims at a valuation of $1 billion by end of 2022 Online education platform Cuemath plans to raise at least $100 million in a new financing round this year, its chief executive said, as the company targets a valuation of $1 billion by the end …
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