Finance Ministry sources said the government will decide on challenging the award before a court in Singapore - which was the seat of the arbitration, after taking legal opinion.
The Union government will consider a plan allowing companies to procure COVID-19 vaccine for its employees.
The Indo-American Chamber of Commerce (IACC) has presented the lifetime achievement award to business icon Ratan Tata as part of its recent global leadership awards.
CNG and piped cooking gas price in the national capital and adjoining cities was on Saturday cut in sync with a reduction in natural gas prices.
Indian Oil Corporation Ltd. (IOCL) has reduced the Retail Selling Price (RSP) of diesel by Rs 2.93 per litre and petrol by Rs 0.97 per litre in Delhi during the month of September 2020.
Singapore investment company GIC will invest ₹5512.5 crore in Reliance Retail Ventures Limited (RRVL). The sixth and the latest investment in recent weeks comes -- in exchange for 1.22 percent stake values Reliance Retail Ventures at a pre-money equity value of ₹4.285 lakh crore.
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced on Saturday that global investment firm TPG will invest Rs 1,837.5 crore into RRVL, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore.
Tesla CEO Elon Musk said on Friday that the electric car maker is finally ready to enter the India market in 2021.
The Reliance Life Sciences has developed an RT-PCR kit that promises diagnosis of the deadly coronavirus infection in about 2 hours, company sources said on Friday.
The fall in the retail price of diesel continues in line with the easing crude oil prices. The December futures contract of Brent crude on the Intercontinental Exchange (ICE) was trading at $39.95 per barrel, lower by 2.39 per cent.
Base effect along with a rebound in domestic demand led major automobile players to report healthy year-on-year and sequential sales numbers for September. Analysts cited factors such as healthy monsoon, pent up demand and preference for personal mobility over public transport due to the pandemic as other key reasons for the upswing.
This marks the second significant investment by Mubadala in a RIL subsidiary after the USD 1.2 billion investment in Jio Platforms announced earlier this year.
BharatPe has announced that it has recorded disbursal of over Rs 80 crores in the month of September 2020, making it the largest fintech lender for merchants in India during the pandemic. The company has facilitated loan disbursals to the tune of Rs 150 crores through its partners in the current quarter.
Gold prices rose marginally by Rs 37 to Rs 51,389 per 10 gram in the national capital on Thursday in line with a positive global trend, according to HDFC Securities.
Equity benchmark Sensex rallied 629 points on Thursday driven by strong buying sentiment in financial stocks amid positive domestic and global cues.
The Goods and Services Tax (GST) collections in September stood at Rs 95,480 crore, the highest level so far this fiscal, the Finance Ministry said on Thursday.
The Union Home Ministry on Wednesday issued new guidelines for permitting more activities in areas outside containment zones that include opening up cinemas, theatres and multiplexes with up to 50 per cent of their seating capacity from October 15.
After a face-off with leading digital payments platform Paytm, Google sent notices to Zomato and Swiggy for running cashback-based IPL games and both the food aggregator platforms have decided to pause their virtual gaming leagues.
The New Development Bank (NDB) of the BRICS countries has approved USD 241 million loans for Mumbai Metro and USD 500 million for the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) Project.
As a token of gratitude to his former school teacher, IDFC First Bank MD and CEO V Vaidyanathan has transferred one lakh equity shares worth around Rs 30 lakh without any consideration to Gurdial Saroop Saini.
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