The minister said that ever since the campaign started, 35 crore...
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Operating mall without environmental nod extremely serious HC upholds closure order
The petitioner company, Grauer and Weil (India) Limited, considers...
Elon Musk’s X sues Centre over alleged Censorship, IT Act Violations
'X' (formerly Twitter) raised concerns over the Centre's...
Play store policies: CCI slaps Rs 936.44 cr penalty on Google for unfair business practices
This is the second major CCI ruling against Google in less than a week. On October 20, the watchdog imposed a penalty of Rs 1,337.76 crore on the company for abusing its dominant position in multiple markets in relation to Android mobile devices and ordered the...
Uganda reports worrisome increase in Ebola cases in capital
There is no proven vaccine for the Sudan strain of Ebola that's circulating in Uganda. Ugandan officials by Thursday had documented more than 1,800 Ebola contacts, 747 of whom had completed 21 days of monitoring for possible signs of the disease that manifests as a...
Russia poised to largely skirt new G7 sanctions on oil price cap and insurance
Months of discussions between the United States and those insurance, trading and shipping firms have mollified concerns on their exposure to sanctions but all parties now realize Russia can largely skirt the plan with their own ships and services. Russia can access...
No govt, LIC veto post privatization of IDBI Bank
The government earlier this month invited bids for the sale of a 60.72 percent stake in IDBI Bank, which is 45.48 percent owned by the government and 49.24 percent by the Life Insurance Corporation of India (LIC). The official said that post-privatization, the...
Punjab announces to restore old pension scheme for state govt employees
"We have taken an in-principle decision to this effect in a cabinet meeting. This will benefit lakhs of employees," he said while adding that modalities will be worked out. Chandigarh: The Punjab government on Friday decided to restore the old pension scheme for its...
IDBI Bank privatisation: LIC to recover its investment by time of sale
LIC had bought a 51 per cent stake in IDBI Bank in 2019 for Rs 21,624 crore at an average price of Rs 61 per share. Following a QIP issue in December 2020, the stake of LIC came down to 49 per cent New Delhi: State-owned insurance behemoth LIC is expected to recover...
Vivek Joshi named new DFS secy, Alka Upadhyaya new road and transport secy
Vivek Joshi, Registrar General of India and Census Commissioner Registrar General of India and Census Commissioner, Ministry of Home Affairs, Vivek Joshi, will be the new secretary, Department of Financial Services, in place of Malhotra New Delhi: Registrar General of...
Govt must set moderate divestment targets, DIPAM Secy
High targets lead to a perception that the government will sell minority stakes in state-run companies, prompting a fall in share prices of such firms, Pandey said. New Delhi: The Indian government should focus on privatisation of state-run companies instead of...
Centre seeks waiver in key norm for IDBI Bank stake sale
Earlier this month, India invited bids for a 60.72% stake in IDBI Bank -- which is 45.48% owned by the government and 49.24% by state-owned Life Insurance Corp (LIC) -- after dragging its feet for years New Delhi; The Indian government is in talks with the market...
Maharasthra Covid cases up; new Omicron subvariants BQ.1, XBB reported from state
On October 17, India detected its first case of Omicron's BQ.1 subvariant in a sample of a patient from Pune. The BQ.1 is a descendant of BA.5, which is behind the 60 per cent Covid cases in the United States (US), as per reports Mumbai: A meeting between Union Health...