Chennai (IANS) The promoters of cement makers Ambuja Cement Ltd and ACC Ltd – Adani Group – have not pledged their shares in the two companies, the group said. “We would like to clarify that none of the shares of … read more
Mumbai (IANS) India Inc. has hailed the Union Budget 2023-2024 presented by Finance Minister Nirmala Sitharaman here on Wednesday. Hinduja Group Co-Chairman Gopichand P. Hinduja said that when “India is the lone shining star in the world facing threats of … read more
New Delhi (IANS) Amid widespread layoffs, top Indian CEOs and senior executives are set for an average 9.1 per cent salary hike in 2023 and average CEO compensation has gone up 21 per cent over the past four years to … read more
New Delh (IANS) India Ahead, a private English news channel, shut down its operations, leaving its employees in a state of uncertainty. The employees have alleged that they have not been paid their salaries for several months. All the employees, … read more
Chennai (IANS) Automobile major Tata Motors on Friday announced a price hike across its internal combustion engine (ICE) passenger vehicles. “Effective February 1, 2023, the weighted average increase will be 1.2 per cent, depending on the variant and model,” the … read more
New Delhi (IANS) The world output growth is projected to decelerate from an estimated 3 per cent in 2022 to 1.9 per cent in 2023, marking one of the lowest growth rates in recent decades, a United Nation’s (UN) report … read more
New Delhi (IANS) Power Minister R.K. Singh has said that due to efforts put in by all stakeholders, the aggregate technical and commercial losses (AT&C) losses had come down by an overall 5 per cent in 2021-22. He also recognised … read more
New Delhi(IANS) Within two-and-a-half years of the implementation of the Agriculture Infrastructure Fund (AIF), the scheme has mobilized more than Rs 30,000 crore for projects in the agriculture infrastructure sector with a sanctioned amount of Rs 15,000 crore under AIF. … read more
New Delhi (IANS) To sustain the demand in the housing segment, the realty sector wants tax- and policy-related relaxations in the Union Budget 2023. Realtors said that with interest rates rising, a lot depends on the upcoming budget to support … read more
New Delhi (IANS) MediBuddy, an end-to-end digital healthcare platform in India, has laid off 8 per cent of its workforce, around 200 people, across all departments as a restructuring exercise. In a statement to IANS, a MediBuddy spokesperson said that … read more