The Finance Ministry of India will infuse Rs. 3000 crore in to state-owned general companies during the current quarter in a bid to improve their financial status. Last year, the Union Cabinet headed by Prime Minister Narendra Modi cleared proposal to provide capital support to National Insurance, Oriental Insurance and … Read more
Category: Business and Finance
Industry fair will focus on business in new normal
After the end of pandemic, the business sectors focusing on the recovery of various sectors, the Bengal National Chamber of Commerce and Industry (BNCCI) is set to organise the 33rd chapter of Industrial India Trade Fair near New Town Coffee House from February 17 to February 21 this year. This … Read more
WHO Expert Panel approved wide use of AstraZeneca.
The benefits of the Covid-19 vaccine developed by AstraZeneca and Oxford University, more significant and the shot should be approved for use of senior citizen said by World Health Organization panel. Meanwhile recommendations on the shot, the Strategic Advisory Group of Experts on Immunisation (SAGE) panel said “the vaccine should … Read more
Amazon moves to Supreme Court seeking further deal dispute
Amazon passes an appeal petition to the Supreme Court to block the Future Retail and Reliance Industries Limited slump sale deal. The e-commerce giant has also sought an interim stay against the said deal. “Grant Special Leave to Appeal against the Impugned Interim Common Order dated 08.02.2021 passed by the … Read more
$1.5 Billion Investment on Bitcoin Cryptocurrency by Elon Musk
San Francisco: Billionaire Elon Musk from San Francisco made an investment of $1.5 Billion on Bitcoin Cryptocurrency. Elon Musk’s Electric Vehicle company TESLA has invested $1.5 Billions on Bitcoin. Tesla also said that they will soon start to accept Bitcoin as a payment method for their products. Exactly when they … Read more
Blue Dart announces Q3 results, significantly outperforms with sales growth of 21% The Company posted ₹938 million profit after tax
Blue Dart Express Limited, South Asia’s premier express air and integrated transportation & distribution company, declared its financial results recently for the quarter October – December 2020, at the Board Meeting held in Mumbai. The company posted ₹937.83 million profit after tax (previous year ₹330.80 million loss) for the quarter … Read more
Rs 3 Lakh shares to every employee of PhonePe
Bengaluru: PhonePe employees got rs 3 Lakh shares. Employee Stock Ownership Plans also known as ESOP is a plan where the employees of a certain company holds the ownership of the company shares as well. Having 3 lakh Rs of Shares made this one of the largest Employee Stock Ownership … Read more
Air India Bidding to be strictly confidential
The Department of Investment and Public Asset Management aka DIPAM has asked the Transaction Advicer (TA) to keep the information regarding the bidders of Air India strictly Confidential. New Delhi: Air India is about to get sold and the information regarding the potential owners of the same will be kept … Read more