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Cairn Energy has sued India’s flagship carrier Air India to enforce a $1.2 billion arbitration award that it won in a tax dispute against India, according to a U.S. District Court filing reviewed by Reuters. The move ratchets up pressure on India’s government to pay the sum of $1.2 billion plus interest and costs that […]
Cairn Energy sues Air India in US court to enforce $1.2 billion arbitration award Read More »
It almost seems like 2020 is repeating itself; just this time, it’s only harsher. Most major cities and states have already announced a strict lockdown. Few other states have given stringent restrictive guidelines. All this to try and break the deadly new COVID-19 strain. On the bright side, many of us are lucky to get
Here’s what makes investing a good option for you during the pandemic Read More »
It’s that time of the year again, when our investments come again to the forefront. The investment receipts are all out, our inbox is full of mails urging us to claim our tax-saving investments and most of us are once again struggling to check if our investments are enough. The tax-filing season in India begins
(This story originally appeared in on May 15, 2021) CHENNAI: Besides its debilitating health impact, Covid is draining the finances of its victims, particularly the uninsured, causing some to get into long-term debt. While 49-year-old Mukund Murli got away with a Rs 20,000 bill for his hospital stay due to a health cover purchased by
Covid drains bank accounts of uninsured Read More »
(This story originally appeared in on May 15, 2021) has said that it has accepted the one-time settlement offer by Siva Industries’s promoters — a part of Aircel founder C Sivasankaran’s group — as it would lose more money otherwise. IDBI Bank had initiated bankruptcy proceedings against Siva Industries in 2019. The loans were availed
IDBI Bank settles loan with Aircel founder Siva Read More »
Manappuram Finance took over the Chennai-based company in February 2015 and at present has a 94.78% stake. Asirvad Microfinance is considering options of bringing in a financial partner and going public in due course, a top official of the company said. However, its is not in a hurry given the current environment and is adequately
Asirvad Microfinance plans to rope in partner; may go public in due course Read More »
डिजिटल डेस्क, मुंबई। टाटा हाउसिंग ने ज़ीरो स्टांप ड्यूटी के साथ एक नई योजना की घोषणा की है। ये योजना उन ग्राहकों के लिए जो महाराष्ट्र में प्रोजेक्ट के लिए कंस्ट्रक्शन लिंक्ड पेमेंट प्लान का लाभ उठा रहे हैं। यह महाराष्ट्र सरकार के स्टाम्प शुल्क को 5 प्रतिशत से घटाकर 2 प्रतिशत करने के निर्णय
डिजिटल डेस्क, मुंबई। आगामी सोमवार से राज्य के मुख्य सचिव सीताराम कुंटे सामाजिक व आर्थिक रुप से पिछला वर्ग (एसईबीसी) प्रवर्ग के तहत प्रलंबित भर्ती प्रक्रिया की समीक्षा करेंगे। साथ ही मराठा आरक्षण को लेकर सुप्रीम कोर्ट के फैसले की समीक्षा के लिए सेवानिवृत्त न्यायधीश की अध्यक्षता में एक समिति गठित की जाएगी। सुप्रीम कोर्ट
Geneva-based Dr Soumya Swaminathan, Chief Scientist of the World Health Organization (WHO), spoke to India Today Group Editorial Director Raj Chengappa about how to deal with the second wave and what we can learn from other countries. Excerpts: Q. By when do you think the second wave will peak in India and begin its descent
DRL is slated start local production of the vaccine in July 2021 and is expected to make 15.6 crore doses in the August-December period. Indian pharma major Dr Reddy’s Laboratories (DRL), which has in-licensed Russia’s Covid-19 vaccine, launched Sputnik V in the domestic market on Friday, by administering the first dose to a person in
Covid-19: India gets third vaccine, Sputnik V launched at Rs 995/dose Read More »
The extent and nature of lockdowns across states will impact credit growth for banks and non-banks by about 140-160 bps, analysts at Emkay Global Financial Services have said The second wave of surging Covid cases in India could pose a greater risk to banks’ loan growth than to their asset quality, analysts said. The extent
Second Covid wave to hit banks’ growth harder than asset quality: Analysts Read More »
As first-time gardeners find comfort in nurturing plants and growing their own food at home, nurseries across the country bolster their inventory to keep up with rapid sales “Over the last couple of weeks people have been speculating about an impending lockdown. And that has brought even more plant enthusiasts here,” says K Subramaniam, the