Reliance Industries Ltd (RIL) is looking to buy the Norwegian solar module manufacturer REC Group as part of the oil refiner’s ₹75,000 crore push into clean energy, said two people aware of the development....
The Reserve Bank of India (RBI) will purchase government bonds worth 20,000 crore on the open market on Thursday as part of the G-sec Acquisition Programme (G-SAP 2.0).
The Reserve Bank of India (RBI) on Wednesday imposed penalties on 14 banks for contravening provisions related to bank lending to non-banking financial companies (NBFCs) and maintaining data on large exposures.
Operating profitability of the companies rose in the pandemic year 2020-21, reversing the prior two-year trend of falling profits, even as the impact on profitability and debt repayment capacity has been varied depending upon the size of the...
As per the agency, domestic passenger traffic is estimated at about 29-30 lakh, implying a sequential growth of about 41-42% during June, compared to about 19.8 lakh in May 2021.
Reliance Jio is in talks with local and international players for contract manufacturing of its ultra-low cost Android smartphone JioPhone Next.
After topping the Rupees 1-lakh-crore mark for eight months, gross Goods and Services Tax (GST) collections came in at a 10-month low of Rs 92,849 crore in June (for sales in May), data released by the Finance Ministry on Tuesday showed. This...
The Power Ministry has informed states and central power generation companies that the power distribution companies (discoms) are permitted to exit power purchase agreements (PPAs) after completion of the term of the agreements. The clarific.....
Even under the believed construction, a tax tribunal has ruled that oblique taxes are applicable to bills incurred by venture capital, private equity, and mutual fund companies. This includes expenses such as ‘carry charges’, allowed charges,
On Monday, Amazon founder Jeff Bezos announced his resignation as CEO, giving up the keys as the business navigates the challenges of a globe still recovering from the coronavirus outbreak.
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