January 23, 2022 11:01 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
At 3.33 lakh new Covid-19 infections, India witnesses marginal drop in cases from yesterday | New Zealand PM Jacinda Ardern calls off her wedding after new Covid rules amid Omicron rise | PM Modi pays homage to Netaji Subhas Chandra Bose on his birth anniversary | Gandhi's favourite 'Abide By Me' hymn dropped from Republic Day Beating Retreat Ceremony | Akhilesh Yadav to contest UP elections from family stronghold Karhal

Future Retail accuses Amazon of blocking its OTR scheme, asks US etailer to pay the lenders

Amazon's January 19 letter opposing the sale of small-format stores by Future Retail Limited (FRL) has elicited a terse response from the latter's independent directors, who asked the e-commerce giant to pay Rs 3,500 crore to FRL so that it can repay its lenders, media reports said.

Govt may raise tax-free PF contribution limit to Rs 5 lakh for all salaried employees: Report

New Delhi/IBNS: In good news for salaried employees, the government may double the limit for tax-free contribution to the provident fund for salaried employees up to Rs 5 lakh per annum in the forthcoming Union budget 2022-23, in order to bring them at par with government employees.

JK: CEGA appeals LG, CS to ensure career progression of engineers

Srinagar: The J&K CEGA Friday appealed Lt Governor Manoj Sinha and Chief Secretary Arun Kumar Mehta to ensure the Assured Career Progression (ACP) of the engineers.

CII urges govt to lift pandemic-induced restrictions on economic activity, include additional 1 pc under CSR for booster shots in the Budget

New Delhi/IBNS: Ahead of Union Budget 2022-23, the Confederation of Indian Industry (CII) has urged state governments to lift restrictions on economic activity, given that the occupancy rate of hospital beds due to the Omicron variant of Covid is well within the manageable level.

Piyush Goyal seeks industry inputs on FTAs, market access, reducing compliance burden

New Delhi/UNI: Minister of Commerce & Industry Piyush Goyal on Friday asked the Indian industry to inculcate a greater appetite for risk-taking, leverage the cost advantage as well as the trust advantage that it enjoys and partner with all stakeholders including Central and state governments to attract businesses to India and transform it into a global leader.

India targetting $500 billion export for 2022-23 fiscal

New Delhi/IBNS: India has changed its outlook on world trade owing to the challenges and possibilities presented by the Covid-19 pandemic and amid the changing scenario the country has set up a target of $500 billion exports for 2022-23 fiscal, a top government official has said.

ONGC appoints Anurag Sharma as CFO

Mumbai/UNI: State-run ONGC on Friday said it has appointed Anurag Sharma as its Chief Financial Officer.

Yes Bank net profit up 77 pc in Q3 at Rs 266 crore

New Delhi/UNI: Private lender Yes Bank on Saturday reported a 76.8 percent jump in its net profit at Rs 266.43 crore in the third quarter (Q3) of the current financial year as compared to Rs 150.71 crore in the corresponding period of FY21.

ICICI Bank Q3 net profit up 25 pc on robust interest income

New Delhi/UNI: Private lender ICICI Bank on Saturday reported a 25.38 percent year-on-year rise in its net profit for the quarter ending December 31, 2021, at Rs 6,194 crore.

Air India appoints Vikram Dev Dutt as CMD

Mumbai/IBNS: Air India on Friday appointed Vikram Dev Dutt as its chairman and managing director (CMD).

Vodafone Idea Q3FY22 loss widens to Rs 7,230.9 cr YoY; APU increases 5.2 pc QoQ

New Delhi/IBNS: Vodafone Idea on Friday said its consolidated losses for the Q3FY22 widened to Rs 7,230.9 crore from Rs 4,532.1 crore against the same quarter last year.

IATO seeks special status for tourism industry

New Delhi/UNI: Indian Association of Tour Operators (IATO), the apex inbound tour operators body, on Friday sought special status for the tourism industry.

IDBI Bank's Q3 PAT jumps 53 per cent to Rs 578 cr

Mumbai/UNI: Private sector lender IDBI Bank on Friday reported a 53 percent increase in standalone net profit for the quarter ended December 31, 2021 at Rs 578 crore on the back of higher net interest income.

Niti Aayog led study bats for priority sector lending tag to electric vehicles

New Delhi/UNI: The NITI Aayog along with Rocky Mountain Institute has sought priority sector lending status for electric two-wheelers, three-wheelers and commercial vehicles in the Reserve Bank of India’s (RBI) priority-sector lending guidelines which can help unlock EV financing market of Rs 40,000 crore by 2025 and achieve COP26 targets.

Reliance Q3FY22 Results: Net profit jumps 41 pc to Rs 18,549 cr

New Delhi/UNI: Oil-to-telecom conglomerate Reliance Industries Ltd (RIL) on Friday reported 41 percent year-on-year jump in its consolidated net profit (attributable to owners of the company) to Rs 18,549 crore for the quarter ending December 31, 2021.