Board of Muthoot Finance to consider stock split on July 18

Board of Muthoot Finance to consider stock split on July 18 In a regulatory filing the company said its a meeting of the board is scheduled to be held on July 18, to consider and approve the proposal for sub-division/stock split of equity shares of the company, subject to shareholders approval.

Intel-Jio deal: Everything you need to know about Intel

Intel-Jio deal: Everything you need to know about Intel RIL has now raised a combined Rs 117,588.45 crore from some of the world’s leading tech investors

Intel-Jio deal: 5 key things to know

Intel-Jio deal: 5 key things to know Intel is now a strategic investor in Jio Platforms.

Intel-Jio deal: US semiconductor giant to invest Rs 1,894.5 crore in RIL unit

Intel-Jio deal: US semiconductor giant to invest Rs 1,894.5 crore in RIL unit Intel becomes second strategic investor in Jio Platforms after Facebook. Reliance Industries digital unit has now raised a total Rs 117,588.45 crore from some of the world’s leading tech investors in exchange for 25.09 percent.

COVID-19 vaccine by Ahmedabad-based Zydus Cadila gets DCGI nod for human clinical trials

COVID-19 vaccine by Ahmedabad-based Zydus Cadila gets DCGI nod for human clinical trials The approval process was fast-tracked following recommendation by the subject expert committee on COVID-19, considering the emergency and unmet medical need during the pandemic.

Zinc futures rise on spot demand

Zinc futures rise on spot demand On the Multi Commodity Exchange, zinc contracts for July delivery traded higher by 85 paise, or 0.52 percent, at Rs 165.10 per kg with a business turnover of 2,052 lots.

Coal India trade unions begin 3-day strike; around 4 MT of coal output likely to be hit

Coal India trade unions begin 3-day strike; around 4 MT of coal output likely to be hit On an average Coal India produces 1.3 million tonnes (MT) of coal every day, so it is estimated that the production loss due to the three-days strike would be around 4 MT, Nathulal Pandey, president of HMS-affiliated Hind Khadan Mazdoor Federation said.

Independent regulator will ensure level playing field when private companies run trains: Vinayak Chatterjee

Independent regulator will ensure level playing field when private companies run trains: Vinayak Chatterjee Regulator needed to ensure level playing field between Indian Railways and private players, said Chairman of Feedback Infra Group

COVID-19 fight | IndiGo to give 25% discount on airfare to doctors and nurses

COVID-19 fight | IndiGo to give 25% discount on airfare to doctors and nurses "The nurses and doctors will be required to provide valid hospital IDs at the time of check-in as a proof of their identity," the airline said.

Independent regulator will ensure level playing field as private companies run trains: Vinayak Chatterjee

Independent regulator will ensure level playing field as private companies run trains: Vinayak Chatterjee Regulator needed to ensure level playing field between Indian Railways and private players, said Chairman of Feedback Infra Group

Amendments to bank resolution framework to help preserve depositor confidence: Moody#39;s

Amendments to bank resolution framework to help preserve depositor confidence: Moody#39;s On June 26 the government amended the Banking Regulation Act, 1948, allowing the Reserve Bank of India (RBI) to initiate the resolution of a weak bank by reconstructing its capital or merging it with another bank without the prior requirement of imposing a moratorium on its depositors or creditors.

NBFIs to face liquidity, asset quality risks in near term: Fitch Ratings

NBFIs to face liquidity, asset quality risks in near term: Fitch Ratings Fitch said cash flow implications of the moratorium, which the RBI has extended to end-August, have not been uniform across the industry, affecting liquidity profiles of some NBFIs more materially and placing pressure on their ability to repay or refinance upcoming obligations.

Apple supplier Foxconn, others hit as India holds up imports from China: Sources

Apple supplier Foxconn, others hit as India holds up imports from China: Sources Customs officers at Indian ports have held back shipments from China and sought additional clearances after deadly clashes at the disputed Himalayan border last month. The checks have been imposed without any formal order.

Facebook ad boycott: Top-100 advertisers still on board

Facebook ad boycott: Top-100 advertisers still on board Even as a steady drumbeat of household names joined the pressure campaign over the social network#39;s handling of hate speech and misinformation, the vast majority of Facebook#39;s biggest advertisers have stayed quiet

Parth Jindal says JSW Group will bring down imports from China to zero

Parth Jindal says JSW Group will bring down imports from China to zero Parth Jindal said imports from China, at $400 million annually for the JSW Group currently, will be brought down to zero in two years

SpiceJet says it has operated 200 charter flights repatriating around 30,000 Indians till now

SpiceJet says it has operated 200 charter flights repatriating around 30,000 Indians till now In a press release, the airline said it has operated 111 charter flights from the UAE bringing back 20,000 Indians.

Delhi directs private labs, diagnostic centres to conduct antibody tests: Report

Delhi directs private labs, diagnostic centres to conduct antibody tests: Report Corporates, agencies and organisations planning to re-open business will now be allowed to engage private labs to conduct antibody tests to check if any staff have developed immunity to SARS-CoV-2

In CBI’s case against GVK: Bogus work contract, inflated expenses, fund diversion and hotel stays

In CBI’s case against GVK: Bogus work contract, inflated expenses, fund diversion and hotel stays The FIR accuses GVK group, chairman GVK Reddy and others of siphoning off Rs 705 crore from Mumbai airport.rnrn 

Chinese apps banned | Apple, Google remove several apps from their mobile app stores

Chinese apps banned | Apple, Google remove several apps from their mobile app stores Video-sharing app TikTok was among the first Chinese apps to get delisted from the App Store and Google Play Store.

Leading Brexiteers call for ‘special relationship’ with India, warn against trade ties with ‘malignant’ China

Leading Brexiteers call for ‘special relationship’ with India, warn against trade ties with ‘malignant’ China In a report, the pro-Brexit think tank urged the British government to diversify Britain’s trade away from a stagnating Eurozone and a Chinese economy controlled by an increasingly belligerent government and instead forge a ‘special relationship’ with India.