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S. Korea to compensate losses from derivatives linked to Chinese shares

Mar 11, 2024

Seoul, March 11 (IANS) The financial regulator on Monday unveiled a set of plans that advise banks and brokerages to compensate losses from derivative products tracking Chinese stocks listed on the Hong Kong exchange.The Financial Supervisory Service (FSS) said its preliminary inspection, conducted for two months since January 8, has verified…

Gadkari unveils highway projects worth Rs 4,000 crore in Karnataka

Mar 11, 2024

New Delhi, March 10 (IANS) Union Minister for Road Transport and Highways Nitin Gadkari inaugurated and laid the foundation stone for 22 National Highway projects, spanning 268 km and valued at over Rs 4,000 crore in Karnataka’s Mysuru on…

Business

Our biggest investment outside Gujarat to be in Uttar Pradesh: Karan Adani

Mar 10, 2024

Lucknow, March 10 (IANS) The Adani Group will make its biggest investment outside Gujarat in Uttar Pradesh, says Adani Ports & Special Economic Zone Ltd Managing Director Karan Adani.Talking to IANS, Karan Adani said: "Our vision for…

Business

Byju’s disburses some portion of Feb salaries for 20,000 employees

Mar 10, 2024

New Delhi, March 10 (IANS) Embattled edtech company Byju's has disbursed a portion of the pending salaries for over 20,000 employees for the month of February. The company has also promised to pay the remaining balance once it is…

Business

Digital Twin: How India can become a leader in this new tech

Mar 10, 2024

New Delhi, March 10 (IANS) Government's 'Sangam: Digital Twin' initiative, which was unveiled last month by the Department of Telecommunications (DoT), is a technology that offers a solution by creating virtual replicas of physical assets,…

Business

I-T Dept detects cases of tax not being fully paid, fixes March 15 deadline to pay up

Mar 10, 2024

New Delhi, March 10 (IANS) The Income Tax Department has identified some persons and entities whose payment of taxes for financial year 2023-24 is not commensurate with the financial transactions made by them during this period, the Finance…

Business

India signs economic pact with 4 European nations, $100 bn FDI expected to flow in

Mar 10, 2024

New Delhi, March 10 (IANS) India and the four-nation EFTA bloc of European nations signed an economic agreement on SundayIndia and the European Free Trade Association (EFTA), comprising Switzerland, Norway, Iceland and Liechtenstein, signed…

Business

Byju’s manages to pay some portion of salaries for 20,000 employees

Mar 10, 2024

New Delhi, March 10 (IANS) Embattled edtech company Byju’s on Sunday announced that it has disbursed a portion of the pending salaries for over 20,000 employees for the month of February. The company has also promised to pay the remaining…

Business

Volatility expected in markets in upcoming week

Mar 10, 2024

New Delhi, March 10 (IANS) Volatility is expected to persist in markets in the upcoming week due to high valuations and forthcoming policy rate guidance releases, says Vinod Nair, Head of Research, Geojit Financial Services. The ECB kept…

Business

Mobile phone manufacturing in India scripts an unmatched success story

Mar 10, 2024

New Delhi, March 10 (IANS) The growth of mobile phone production in India over a decade is being described as an unmatched success story in the manufacturing sector. While 78 per cent of all the mobile phones sold in the country in 2014…

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