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Board of Novartis India to support promoter in strategic review

Feb 18, 2024

New Delhi, Feb 17 (IANS) The board of directors of Novartis India took note of the communication received from Novartis AG, holding company and promoter, regarding their intention to conduct a strategic review to unlock the value of their shareholding in the company.“After some deliberations, the Board agreed to support Novartis AG, as may be…

Finance Ministry holds high-level meeting to expedite recovery of debt

Feb 17, 2024

New Delhi, Feb 17 (IANS) A high-level meeting chaired by the Secretary of the Finance Ministry’s Department of Financial Services, Vivek Joshi, on Saturday discussed steps to expedite the recovery of debt and enhance the efficiency of debt…

Business

Labour protests in China increase rapidly amid economic slowdown

Feb 17, 2024

Washington, Feb 17 (IANS) Labour protests in China have increased rapidly since August of last year, according to rights groups, especially in the lead-up to the Lunar New Year, which began late last week, a media report said.Labour…

Business

Govt ropes in ONDC to bring fishermen on e-market platform

Feb 17, 2024

New Delhi, Feb 17 (IANS) With the aim of providing fishermen with an e-market platform, the Department of Fisheries will sign a Memorandum of Understanding (MoU) with Open Network for Digital Commerce (ONDC) on February 19. The officials…

Business

Paytm shifts nodal account to Axis Bank: What does this mean?

Feb 17, 2024

New Delhi, Feb 17 (IANS) In a bid to maintain seamless merchant settlements as before, financial services company Paytm has announced to shift its nodal account to Axis Bank, which was previously used with the Paytm Payments Bank Ltd…

Business

India’s fresh fruit exports surge 29 per cent, footprint spreads to 111 countries

Feb 17, 2024

New Delhi, Feb 17 (IANS) Fresh fruits have emerged as a standout performer in India's agri export basket with a robust growth of 29 per cent in the nine-month period from April to Dec 2023, according to the latest data compiled by the…

Business

FPI selling stands at Rs 29,519 crore for this year

Feb 17, 2024

New Delhi, Feb 17 (IANS) The spike in US bond yields triggered by the higher-than-expected consumer price inflation led to sustained selling by FPIs in the cash market, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial…

Business

Oil prices not rising despite Middle East tensions as demand wanes

Feb 17, 2024

New York, Feb 17 (IANS) When Russia invaded Ukraine in 2022, the price of oil jumped to over $100 a barrel. But despite the threat of an escalation of tensions in the Middle East and attacks on Red Sea shipping, oil markets have yet to see…

Business

TVS Eurogrip’s off-highway range of products shine bright at international trade fairs

Feb 17, 2024

TVS Eurogrip, one of the fastest-growing global brands in 2-wheeler, 3-wheeler, and Off-Highway Tyres, participated in two international expos

Business

New York judge in civil fraud case fines Trump $350 M, depleting available cash in election year

Feb 17, 2024

New York, Feb 17 (IANS) A local judge has dealt a blow to Donald Trump’s purse and ego, hitting him with a massive fine of over $350 million, depleting available cash in an election year and barring the billionaire real estate developer…

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