Tag: india business news

The UK government on Friday scrapped a corporate tax hike and lifted a cap on bankers’ bonuses in a contentious bid to boost the faltering economy. Treasury chief Kwasi Kwarteng made the announcement at Parliament as he presented a “mini-budget” toThe UK government on Friday scrapped a corporate tax hike and lifted a cap on bankers’ bonuses in a contentious bid to boost the faltering economy. Treasury chief Kwasi Kwarteng made the announcement at Parliament as he presented a “mini-budget” to

Glenmark Pharmaceuticals on Friday announced approval by Health Canada for its nasal spray Ryaltris used in symptomatic treatment of moderate to severe seasonal allergic rhinitis and associated ocular symptoms. Health Canada granted approval to partner Bausch Health Companies Inc and GlenmarkGlenmark Pharmaceuticals on Friday announced approval by Health Canada for its nasal spray Ryaltris used in symptomatic treatment of moderate to severe seasonal allergic rhinitis and associated ocular symptoms. Health Canada granted approval to partner Bausch Health Companies Inc and Glenmark

Four Tata Group companies have witnessed a loss of up to 9% in their value on Friday in early morning trade soon after Tata Steel Ltd okays the merger of six of its subsidiary companies. However, Tata Steel stock witness aFour Tata Group companies have witnessed a loss of up to 9% in their value on Friday in early morning trade soon after Tata Steel Ltd okays the merger of six of its subsidiary companies. However, Tata Steel stock witness a

Tata Steel will merge with itself six of its subsidiary companies, a statement said on Friday. A proposal in this regard was approved by the Board of the company on Thursday, it said. “The Board of Directors of Tata Steel consideredTata Steel will merge with itself six of its subsidiary companies, a statement said on Friday. A proposal in this regard was approved by the Board of the company on Thursday, it said. “The Board of Directors of Tata Steel considered

The Tata Group’s board of directors has given its approval for all of its metal businesses to be merged into Tata Steel as per the company’s exchange filing. These seven companies are Tata Steel Long Products, Tata Metaliks, the Indian SteelThe Tata Group’s board of directors has given its approval for all of its metal businesses to be merged into Tata Steel as per the company’s exchange filing. These seven companies are Tata Steel Long Products, Tata Metaliks, the Indian Steel

In a major development the Indian Rupee witness a sharp drop on Friday and fell below the 81 mark for the first time to hit a new record low of 81.23. It is worth noting that the US Dollar index continueIn a major development the Indian Rupee witness a sharp drop on Friday and fell below the 81 mark for the first time to hit a new record low of 81.23. It is worth noting that the US Dollar index continue

Meta’s digital payments arm WhatsApp Pay India’s head Manesh Mahatme has quit the company after a stint of one-and-a-half years, according to an update on his LinkedIn profile. As per industry sources, Mahatme has rejoined his previous employer Amazon Pay. MahatmeMeta’s digital payments arm WhatsApp Pay India’s head Manesh Mahatme has quit the company after a stint of one-and-a-half years, according to an update on his LinkedIn profile. As per industry sources, Mahatme has rejoined his previous employer Amazon Pay. Mahatme

Reserve Bank on Thursday barred Mahindra & Mahindra Financial Services Ltd (MMFSL) from carrying out any recovery or repossession activity through third party agents with immediate effect till further orders. The RBI’s decision follows the death of a pregnant woman (27)Reserve Bank on Thursday barred Mahindra & Mahindra Financial Services Ltd (MMFSL) from carrying out any recovery or repossession activity through third party agents with immediate effect till further orders. The RBI’s decision follows the death of a pregnant woman (27)

Fortis Healthcare on Thursday said it is seeking legal advice to decide its future course of action after the Supreme Court ordered a forensic audit of its share sale to Malaysia’s IHH Healthcare. Similarly, IHH Healthcare also said it is awaitingFortis Healthcare on Thursday said it is seeking legal advice to decide its future course of action after the Supreme Court ordered a forensic audit of its share sale to Malaysia’s IHH Healthcare. Similarly, IHH Healthcare also said it is awaiting

Hero MotoCorp on Thursday said it has increased prices of its two-wheelers by up to Rs 1,000 to partially offset the impact of cost inflation. In a regulatory filing, the company said, it has made an upward revision in theHero MotoCorp on Thursday said it has increased prices of its two-wheelers by up to Rs 1,000 to partially offset the impact of cost inflation. In a regulatory filing, the company said, it has made an upward revision in the