1.jpg "Confused with US's SV Bank crisis, besieged SVC Bank threatens legal action")
Hoping to allay their clients' apprehensions, the SVC Bank issued a statement late on Saturday pointing to the case of a 'mistaken' identity and clarifying that it had no links with the SVB, USA, and even threatened legal action against mischief mongers.
CIL had in May 2022 said that it is planning to divest 25 per cent stake in its unlisted arm BCCL and go for the subsequent listing of the subsidiary on stock exchanges after obtaining further clearances.
Global defence aerospace player Lockheed Martin and Indias Tata Group have inked an agreement for the production of fighter plane wings at their joint venture Tata Lockheed Martin Aerostructures Ltd (TLMAL) in Hyderabad.
Recently, Wilson had informed that incidents surrounding unruly behaviour by inebriated passengers are quite frequent, adding that the airline has now got strict and is reporting all such cases of unruly behaviours.
The company said that the 5G Plus service availability will continue to rapidly expand -- including service in all towns and villages in the country soon -- as the company is working towards offering nationwide coverage.
The said complaints alleged that misleading YouTube videos with false content, backed by paid marketing campaign worth crores of rupees for additional reach, were being uploaded to lure investors.
The Bureau of Indian Standards (BIS) has prohibited sale of hallmarked gold jewellery or gold artefacts without the six-digit alphanumeric hallmark unique identification number (HUID) after March 31, 2023.
Despite Elon Musk's efforts to monetise Twitter, the micro-blogging platform reported a massive 40 per cent drop in revenue and adjusted earnings for December 2022, the media reported on Saturday.
"We're going to continue to grow, but we're going to grow modestly," Stephenson, adding he expects headcount growth of 2-4 per cent this year against 11 per cent headcount growth in 2022.
While online food delivery major Zomato's consolidated loss widened to Rs 346.6 crore on-year for the quarter ended December 31, its Founder and CEO Deepinder Goyal has bought a brand-new Ferrari Roma worth Rs 4.3 crore.
After several days of fall, Indian stock markets rebounded on Friday with both -- the Sensex of BSE and the Nifty 50 of NSE -- on the positive sides. Curiously, experts attribute the current rebound and the earlier fall to the happenings in the Adani Group.
Beleaguered coding platform WhiteHat Jr has seen an exodus of top HR executives in recent days, including Ashutosh Singh, Director HR Business Partner (HRBP) and HR leader for international markets, reliable sources said on Thursday.
Akasa Air has completed six months of operation, and with the delivery of one aircraft every 15 days, the airline has reached a fleet size of 17 aircraft and has flown over one million passengers since its launch in August 2022.
The production of fertilisers, coal, electricity, steel, natural gas, cement and refinery products increased while production of crude oil declined in January 2023 over the corresponding month of last year, said the government data released on Tuesday.
The fiscal deficit for the first 10 months of the current fiscal rose to Rs 11.91 lakh crore, which was 67.8 per cent of the whole year target for 2022-23, according to data released by the Controller General of Accounts on Tuesday.
In its written submission before NCLAT, Vistra ITCL said: "NCLT has usurped the jurisdiction of the CoC by holding that the CoC has to vote on the Rs 8,640 crore plan of Torrent and Rs 8,110 crore plan of IIHL and that CoC has no jurisdiction to negotiate even on the figures."
"Control oil and you control nations", former US Secretary of State Henry Kissinger once said. Today, it could be argued that to control lithium - white oil as it were - is to control nations, Marina Yue Zhang wrote for the Lowy Institute.
People of Kotli Salal in Jammu and Kashmirs Reasi district, 75 kilometres from Jammu, are excited at the news of the discovery of vast deposits of lithium, hoping that this will change their fortunes and open new vistas for employment and prosperity.
Shah added the crisis in Adani Group stocks worsened as all 10 stocks faced selling pressure. Since the release of the Hindenburg report on January 25, Adani group stocks have lost 60 per cent of their value.
Mergers of banks in India has resulted in increased efficiency for the acquirers or the merged entity and higher shareholders wealth for the acquiree banks, as per a research paper published by the Reserve Bank of India (RBI).
On Monday, Godrej & Boyce, the flagship company of the Godrej Group, announced that its business Godrej Aerospace is the first Indian private company to win the order for manufacturing eight modules of the DRDO Engine for aerial applications.
In the week ended February 10, the rupee lost 0.8 per cent to close at 82.51 per dollar as US jobs data sparked worries of the Federal Reserve raising interest rates for longer than was earlier anticipated.
The Prime Minister highlighted the rapid expansion and growth of the civil aviation market in India, which will give impetus to greater connectivity between India and the rest of the world, and will in turn encourage tourism and business in the country.
The wholesale price index (WPI) based inflation for January 2023 fell to 4.73 per cent against 4.95 per cent in December 2022, according to data released by the commerce ministry on Tuesday.
In a shocker, consumer price index (CPI) inflation touched 6.5 per cent in January, the Ministry of Statistics & Programme Implementation said on Monday, after being 5.72 per cent in December and 5.88 per cent in November last year, and economists termed it "worrisome".
