Satyajit Tripathy, member, Distribution,IRDAI Meanwhile, another...
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“Reliance Capital asks for extra 10 days for Hinduja group asset transfer”
The deadline for the transfer of Reliance Capital's asset to Aasia...
Digit’s Rs 2,614.65 crore IPO oversubscribed 9.6 times, to list on BSE on NSE on 23rd May
As per the combined bid details put out by the BSE at the close of...
India’s coronavirus infections rise by 45,148
India recorded its lowest death toll in about four months on Monday with 480 deaths reported in the last 24 hours, taking total fatalities to 119,014.
Amazon wins arbitration order against Future’s deal with Reliance
But Amazon’s investment came with contractual rights that include a right of first refusal and a non-compete-like pact, media had reported, and Amazon later started arbitration proceedings in Singapore.
“It’s a comprehensive victory for Amazon,” a source with direct knowledge of the decision said. “They’ve won an injunction to stop the deal.”
Future Retail on Monday hinted that it may challenge the arbitration award from the Singapore-based arbitration center before Indian legal forums, to ensure that its Rs 24,713 crore deal proceeds unhindered and without any delay.
Deadline to file income tax return extended by a month till December 31
For those taxpayers whose accounts need to be audited, the Income-Tax Return filing deadline has been extended by two months till January 31, 2021.
53,370 new cases take India’s COVID-19 tally to 78,14,682
The COVID-19 case fatality rate has further declined to 1.51 per cent.
According to ICMR, a cumulative total of 10,13,82,564 samples have been tested up to October 23, with 12,69,479 samples tested on Friday.
India’s data protection law has potential to propel digital economy: Facebook
The parliamentary panel on Friday quizzed social media giant Facebook about the quantum of their revenue, profit and tax payouts in India and asked what portion of their earnings were being used for data security in the country, sources said.
Finance Ministry issues guidelines for implementation of interest waiver on loan
As per the scheme, the lending institutions shall credit the difference between compound interest and simple interest with regard to the eligible borrowers in respective accounts for the said period irrespective of whether the borrower fully or partially availed the moratorium on repayment of loan announced by the RBI on March 27, 2020.
Maharashtra invites Tesla after Musk hints entry into India
Earlier this month, Musk said “Next year for sure” on Twitter in reply to a post with a photograph of a T-shirt with the message: “India wants Tesla”.
ICICI Lombard General Insurance net profit rises by 35% to Rs 415.74 crore in Q2 FY 2020-21
Bhargav Dasgupta, managing director and CEO,ICICI Lombard General Insurance said,“In terms of performance the large part of the growth in profit after tax is also driven by better underwriting of business.We had a good quarter in terms of investment income and combined ratio. Because of our business growth, we are also seeing growth in investment income as well.”
India seeks health worker database for possible COVID-19 vaccination
“Vaccine would be supplied by the government of India to all states for free,” Pradipta Mohapatra, the top health bureaucrat of Odisha state who attended a video conference with federal health officials, told Reuters.
“First to be vaccinated are the health workers both in government and private sector. The policy is uniform for the whole country.”
Mohapatra said states would have to provide details of such workers to the federal government by next Friday.
Centre notifies amendment to motor vehicle rules for ownership details in registration papers
“MoRTH has issued notification dated October 22, 2020 for amendment to FORM 20 of CMVR 1989 to ensure capturing of ownership details of vehicles at the time of their registration. This will be of particular benefit to divyangjan,” MoRTH said in a statement.