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The Centre is looking to procure around 1 billion syringes between September and December to support the COVID-19 vaccination drive, reports Sohini Das/Business Standard. With vaccine production picking up, the … Read More
Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu. C&C Towers … Read More
Legal experts explain what this means for Mallya’s personal liberties, his legal battle against extradition to India, and for the consortium of Indian lenders. The Insolvencies and Companies Court of … Read More
More than a dozen assessees have secured an interim stay by high courts across the country, including in Delhi, Mumbai, and Kolkata. The government is exploring legal options, including bringing … Read More
For properties owned by the Indian state that are used for commercial purposes, the “state immunity” defence will not be available. For India to invoke “sovereign” or “state” immunity to … Read More
Completing freight corridors, negotiating land for the bullet train, and speeding up monetisation plans would be some of the major focus areas. The change in leadership at the railway ministry … Read More
The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up … Read More
BillDesk founded in 2000, by a team of ex-Arthur Anderson professionals, handles 50-60 per cent of billing transactions in India. Nasper-backed fintech firm PayU has started talks to acquire domestic … Read More
The diversification bug had bitten ITC several decades ago as it moved to de-risk a business model focused on tobacco. Ishita Ayan Dutt traces the developments. A quiet transformation has … Read More
FMCG companies were the main advertisers in May, contributing to 72 per cent of total ad volumes. Advertising on television continued to show momentum in May despite the surge in … Read More
The high bounce rate seen last year coincided with the peak months of the pandemic, which ravaged the economy, rendering millions of people jobless. Auto-debit payment bounces have gone up … Read More
Companies, analysts feel, will be able to pass on the sharp rise in raw material – oil – prices over time. Despite near-term headwinds of rising input costs and the … Read More
