Shareholders were upset with RIL's increasing focus on non-core areas and its reluctance to pay dividends
The proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020, that are envisioned to protect consumer interests, may further compound the impact of multiplicity of regulations on the e-commerce sector, the Indo-American Chamber of Commerce (IACC) had told the ministry of consumer affairs. IACC, the apex bilateral chamber for Indo-US business, had told the government that the proposed amendments would increase compliance liabilities that risk severely impairing the growth of the sector.
The Symbiosis Institute of Management Studies, Pune, invites industry delegates and management students to attend its annual business seminar 4Thought--Khsitij ke Par.
With a new higher tax regime coming into effect from the new financial year, top corporates and wealthy investors are in a rush to restructure their shareholding.
The seventh round of talks between protesting unions and three central ministers ended inconclusively on Monday as the farmer leaders insisted on the repeal of the three contentious farm laws right from the beginning, even as the government listed various benefits from the Acts.
PharmEasy has acquired Medlife for an undisclosed amount, the e-pharmacy unicorn said on Tuesday. The deal will make PharmEasy the largest player in the domestic online pharmacy sector, with the combined entity set to serve 2 million customers a month.
In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.
The question mark over Vodafone Idea's survival is gone after the government's telecom package, managing director and chief executive officer Ravinder Takkar said in an interaction recently. The extended moratorium for spectrum payments and adjusted gross revenue (AGR) dues has indeed ensured that Vodafone Idea survives, at least for the time being, but questions remain. Answers to those questions may determine the future of Vodafone Idea and its power to stay in a difficult telecom market in the coming years.
The ban has been in force since last Friday.
Investors from across the globe are keen to invest in Gujarat.
Revenue was also boosted by robust growth in retail business which recorded a 73.6 per cent increase to Rs 11,571 crore
On government's last week's announcement of revamping of PSU banks, Fitch Ratings said the move is "credit positive, but risks remain".
Chief Economic Adviser K V Subramanian on Monday said India is likely to post current account surplus in the current financial year as there is moderation in import due to under heating of the economy triggered by the COVID-19 crisis. This crisis is different from what the world witnessed during the taper tantrum, he said while addressing a virtual conference organised by industry body CII. Taper tantrum phenomenon refers to the 2013 collective reactionary response that triggered a spike in US treasury yields, after investors learned that the US Fed was slowly putting brakes on its quantitative easing (QE) program.
Congress MPs Sanjay Nirupam and Priya Dutt on Monday led a protest morcha outside the Reliance Energy office in suburban Kandivli, seeking reduction in power tariffs in the metropolis.
As the government began consultations with stakeholders on raising gas prices, gas producers and consumers met a committee of secretaries separately with their pleas on the issue.
If you are an expert in programming languages, statistics and algebra, then a career in AI and ML is worth a shot in 2021.
The first half of 2019-20 will be under pressure, since prices are expected to go up by Rs 7,000-8,000 at a time when sentiment is poor.
Over 1.4 lakh jobs are estimated to be created between March 2019 and March 2021 in various central government departments, according to the Union Budget presented on Monday. The strength of government establishments was 32,71,113 as on March 1, 2019, which is estimated to increase to 34,14,226 by the first day of next month - an increase of 1,43,113, it said. The budget documents have given a break-up of the jobs estimated to be created in central government departments between 2019 and March 2021.
The defence minister clearly asserted that there will be no budgetary constraints to enhance the capability of the Army and meeting its other requirements.
Sun Pharma's market capitalisation stood at Rs 100,050 crore on December 5, with its share price closing at Rs 417 a piece - lowest since March 2013.
The government will now examine the report and decide on how and to what extend should ONGC be compensated for its gas being produced by RIL.
So far this month, another $4.5 billion (Rs 33,000 crore) has flown into domestic stocks.
The students of Marjory Stoneman Douglas and other United States schools, Tim Cook, India's Indira Jaising and Mukesh Ambani. The names mentioned above have nothing in common... until now. They have all been named as Fortune's World's 50 Greatest Leaders. Here are some of the prominent names mentioned in the list.
Asserting that the self reliant India programme will help revive the global economy, Prime Minister Narendra Modi on Thursday told global business community that his government aims to transform the country through access, inclusion and empowerment while also ensuring complete data security. Addressing the World Economic Forum's online Davos Agenda Summit, where he also interacted with global business leaders, Modi also said India offers a predictable and friendly environment from tax regime to FDI norms. He said Aatmanirbhar Bharat movement is committed to global good and global supply chain while the country's digital profile has been completely transformed.
Of the two big players, while Bharti Airtel can leverage its existing subscriber base, newcomer Reliance Jio will have to wean away subscribers from the incumbents
Recent easing of restrictions does not address the pain in the sector.
India's dependence on imported crude oil to meet domestic demand has been a matter of concern for years. Delivering the inaugural address at the global energy summit - Urja Sangam - in 2015, Prime Minister Narendra Modi had called for enhancing domestic oil and gas production to cut the import burden. He aimed at lowering it by at least 10 per cent by 2022 - to coincide with the platinum jubilee of India's independence. But this target is far from being achieved and the country's import reliance has only risen.
With projections suggesting the number of cases in the city will touch 75,000 by the end of May, civic authorities are working overtime to add to the number of beds.
Arvind Kejriwal on Tuesday announced his decision to take on Narendra Modi in the upcoming Lok Sabha elections in this temple city while appealing for support to defeat the Bharatiya Janata Party's prime ministerial candidate.
Bull markets need a a charismatic leader and a fancy destination.
The Indian film industry joined hands with Hollywood on Wednesday to counter piracy.
The prime minister must clear his stand on the Rafale deal after Hollande's remarks, he said.
E-commerce firms like Amazon, Flipkart, Myntra and others witnessed successful festive season sales this year, Experts say e-commerce adoption in the country is accelerating by multiple years or what it would have looked like in 2025.
'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'
Vipul Ambani, a runner who participated in city marathons, never wore his last name on his sleeve, was easy-going, mild-mannered and always smiling. Yet, the question that begs to be asked is why would he join a luxury jewellery company, says Pavan Lall.
In an apparent bid to offset BJP candidate Pragya Thakur's controversial statement against slain IPS officer Hemant Karkare, Modi heaped praises on Mumbai police.
The company has chalked out a detailed plan for development of its existing KG basin assets after integration with GSPC facilities.
President Ram Nath Kovind on Friday strongly defended the three new agri laws saying their benefits have begun reaching 10 crore small farmers instantly, and condemned as 'very unfortunate' the Republic Day violence and 'dishonour' to the tricolour during the tractor parade by the protesting farm unions in New Delhi.
'India has an advantage because we produce more cotton and we have more workforce.'
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
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