Mumbai: Retail of the future of India has requested a new Delhi court to declare the ongoing arbitration process with Izon.com Illegal, said the country’s antitrust body has suspended the 2019 deal used by Amazon in the future. Amazon managed to use the provisions of the $ 200 million investment […]
Category: Business
Tesla delivers record 308,600 vehicles in Q4, beating estimates
Tesla Inc. reported a quarterly shipping record that far exceeded Wall Street’s estimates, driving a shortage of global chips and when increasing China’s production. It marked the sixth quarter in a row that the most valuable car maker in the world posted a record of delivery. Tesla, led by the […]
After Scoring Big Win Over Amazon, A New Aggressive Move By Future Retail
Mumbai: Retail of the future of India has requested a new Delhi court to declare the ongoing arbitration process with Izon.com Illegal, said the country’s antitrust body has suspended the 2019 deal used by Amazon in the future. Amazon managed to use the provisions of the $ 200 million investment […]
India posts current account deficit of $9.6 billion in July-September 2021
The Indian account balance is currently returned to the deficit area in July-September 2021 because of higher merchandise import bills, data released by the Reserve Bank of India (RBI) on December 31 showed. The current account deficit in July-September 2021 was $ 9.6 billion due to a $ 6.6 billion […]
Daily Voice | Market will fall further if Omicron wave turns out to be as bad as 2nd wave: Divam Sharma of Green Portfolio
Ivam Sharma, the Co-Founder Green Portfolio felt 2022 must be a better year than 2021 from the perspective of IPO as water has been tested for start-up with companies like Nykaa, Zomato and Paytm hit the road. “There may be questions about valuations but interest in investors on this new-age […]
SBI acquires 9.95% stake in India International Exchange (IFSC)
The Indian state bank (SBI), the largest public sector lender in the country, December 30 announced the acquisition of 9.95 percent in India Exchange International (IFSC). In the submission of regulations, SBI said 9.95 percent of the shares in IFSC were “to obtain submit to the maximum investment of RS. […]
Reliance New Energy Solar acquires 100% stake in Faradion Limited
Energy Reliance Industries, Reliance New Energy Limited (RNESL), has signed a definitive agreement to acquire 100% shares in Faradion limited to 100 million pounds (more than 10 billion rupees), Indian conglomerate said on December 31. “Reliance New Energy Solar Limited (RNESL), a company that is fully owned by the company, […]
Covid: RBI extends relaxation on periodic updation of KYC till March
Reserve Bank of India (RBI) on December 30 extend relaxation given to the bank in a bank account where periodic updates from your customer’s norm (KYC) are due. Relaxation has been extended until March, 31, 2022 considering the covid situation. RBI has now asked the bank not to impose restrictions […]
Optimus Pharma launches COVID-19 drug Molnupiravir, check price and other details here
New Delhi: Optimus Pharma on Thursday (December 30, 2021) launched Molnupiravir Anti-Covid Pill, for limited use in emergency situations, in Hyderabad. Molnupiravir is an antivirus that inhibits SARS-COV-2 replication by the mutagenesis virus. The tablet is authorized for anyone aged 18 or more. After someone was tested positive for Covid-19, […]
Cryptocurrency Prices Today on December 29: Tepid markets as Bitcoin, Ethereum, Litecoin fall
The global Crypto market capitalization fell 4.16 percent over the last 24 hours to $ 2.25 trillion while trading volume rose 19.03 percent to $ 103.21 billion. While defi ($ 19.05 billion) accounted for 18.46 percent of trading volume, stablecoinin ($ 81.57 billion) was made 79.03 percent of this volume. […]