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Economy
Legal action against policyholders, intermediaries for vehicle insurance frauds: The Oriental…
Chennai: The Indian government owned non-life insurer The Oriental Insurance Company Ltd has decided to take legal action against policyholders, intermediaries for fake motor insurance policies.
In a circular issued to all regional and!-->…
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Healthy demand accelerates growth of India’s manufacturing sector in Feb: PMI
New Delhi : India's manufacturing sector's growth sequentially rose in February 2022 due to robust demand.
Accordingly, the seasonally-adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) came in at 54.9 (index!-->…
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DB Realty shares hit 5% upper circuit on favourable ruling by SC
New Delhi : Shares of DB Realty hit the 5 per cent upper circuit on Wednesday as the company informed the stock exchanges that the firm has won the title of a land owned by it in Mumbai.
The matter which was in front of the Supreme Court!-->…
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Urban Company to award shares worth Rs 150 crore to gig workers
New Delhi : In an industry-first move globally to bring gig workers into the mainstream, online home services marketplace Urban Company on Wednesday announced Partner Stock Ownership Plan (PSOP) for its service providers where it will!-->…
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Baltic Pipe construction resumed after Nord Stream 2 shut down
New Delhi : Poland will resume construction of the Danish section of the Baltic Pipe, which aims to connect the country with Norwegian gas fields, Danish network operator Energinet said, RT reported.
The pipeline is intended to reduce!-->…
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Cost of War: Brent Crude breaches $111 mark; highest in 8 yrs
New Delhi : Lower supplies as well as hostilities between Russia and Ukraine pushed Brent crude oil price to nearly an 8-year high on Wednesday.
Besides, robust global demand is expected to keep the Brent-index crude oil price high.!-->…
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Religare Enterprises becomes debt-free Co, shares rise 3%
New Delhi : The financial services company Religare Enterprises on Wednesday announced the company has become debt-free after repaying Rs 185.5 crore to its subsidiary Religare Finvest.
"We are pleased to announce that REL is completely!-->…
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AAI writes to PMO on alarming situation for aluminium industry
New Delhi : Aluminium Association of India (AAI) has written to the Prime Minister's Office (PMO) on the alarming situation for the highly power intensive aluminium industry due to critical coal shortage.
To avoid closure of Aluminium!-->…
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Mexico declines to join Russia sanctions
New Delhi : Mexico won't be taking part in the international pile-on to sanction Russia over its invasion of Ukraine, as President Andres Manuel Lopez Obrador has said, he seeks to keep his country on peaceful terms with all nations, RT!-->…
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Ashneer hand in gloves with wife in grossly abusing company money: BharatPe
New Delhi : Fintech platform BharatPe on Wednesday revealed for the first time that Ashneer Grover, his wife Madhuri Jain, and their relatives were engaged in extensive misappropriation of company funds and grossly abused company money to!-->…
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