Page 24 - Latest News
Mumbai civic body cuts OFC laying access charges to Rs 1,000 per km_66397
The industry will keep pushing for its other demand of lowering the charges to zero, COAI's director general SP Kochhar said
 "Mumbai civic body cuts OFC laying access charges to Rs 1,000 per km_66397")
Cap on sugar exports will ensure availability in festivals: Food Secretary_66628
Edible oil industry criticises zero-tariff quota on soy and sun oil; palm imports could fall to an 11-year low.
 "Cap on sugar exports will ensure availability in festivals: Food Secretary_66628")
RBI cancels registration of five NBFCs due to irregular lending practices_66655
The firms have been accused of charging excessive interest rates and harassing customers for loan recovery, among other things
 "RBI cancels registration of five NBFCs due to irregular lending practices_66655")
MX Player will be biggest beneficiary of Indian OTT growth: Satyan Gajwani_66702
Platform is not profitable today but will grow rapidly, says vice chairman of Times Internet.
 "MX Player will be biggest beneficiary of Indian OTT growth: Satyan Gajwani_66702")
'Most' Fed officials saw 50 bps rate hikes in June and July, show minutes_66705
The 50-basis-point rate increase this month was the first of that size in more than 20 years, and has set the Fed on course for a quick tightening of monetary policy
 "'Most' Fed officials saw 50 bps rate hikes in June and July, show minutes_66705")
BPCL Q4 net profit declines 82% to Rs 2,131 cr; revenue rises 25%_66662
BPCL and other public sector oil companies held petrol and diesel prices for a record duration despite a surge in the cost of raw materials (crude oil) to a 14-year high
 "BPCL Q4 net profit declines 82% to Rs 2,131 cr; revenue rises 25%_66662")
APSEZ consolidated net profit declines 22% to Rs 1,033 crore in Q4_66328
The country's largest integrated logistics player had clocked a consolidated net profit of Rs 1,321 crore in the corresponding period of the previous fiscal, according to a BSE filing
 "APSEZ consolidated net profit declines 22% to Rs 1,033 crore in Q4_66328")
Torrent Pharma posts Rs 118 cr Q4 loss vs Rs 324 cr profit a year ago_66633
The red line comes amid headwinds in EU operatopns and discontinuation of liquids business in the US; revenue, however, grows by 10%
 "Torrent Pharma posts Rs 118 cr Q4 loss vs Rs 324 cr profit a year ago_66633")
WTO MC12: India will agree to fisheries deal if it is 'equitable'_66704
The current draft is unfairly constraining the less developed nations that don't have the capacity and resources to support their industry and farmers
 "WTO MC12: India will agree to fisheries deal if it is 'equitable'_66704")
Apollo Hospitals Q4 net profit falls 46% to Rs 90 cr; revenue jumps 24%_66690
Apollo Hospitals Enterprises on Wednesday said its consolidated profit after tax declined by 46 per cent to Rs 90 crore for the fourth quarter ended on March 31, 2022.
 "Apollo Hospitals Q4 net profit falls 46% to Rs 90 cr; revenue jumps 24%_66690")
Govt exploring Rupee-Rouble payment for fuel import amid sanction: Report_66683
The government is exploring a payment mechanism for the import of oil from Russia in view of the sanctions imposed by the US and European countries following Moscow's attack on Ukraine.
 "Govt exploring Rupee-Rouble payment for fuel import amid sanction: Report_66683")
Vinai Kumar Saxena to take oath as Lt Governor of Delhi on Thursday_66691
Vinai Kumar Saxena will take oath as the Lieutenant Governor of Delhi on Thursday at a ceremony at the Raj Niwas which is expected to be attended by hundreds of guests, including Union ministers.
 "Vinai Kumar Saxena to take oath as Lt Governor of Delhi on Thursday_66691")
WEF 'very fruitful' for Karnataka, Rs 52k-cr MoUs for investments signed_66689
Today was Bommai's third day at the WEF meet, during which he had had interactions with a number of business leaders from across the world.
 "WEF 'very fruitful' for Karnataka, Rs 52k-cr MoUs for investments signed_66689")
IndiGo slips into losses due to exchange rate and higher fuel price_66660
To deploy 60% more capacity in FY23 as it sees demand improving
 "IndiGo slips into losses due to exchange rate and higher fuel price_66660")
Sebi exempts govt from making open offer to Vodafone Idea shareholders_66700
In a nine-page order, Sebi said the acquisition of shareholding in VIL by the Government of India (GoI) is proposed with the sole intent of saving the larger public interest.
 "Sebi exempts govt from making open offer to Vodafone Idea shareholders_66700")
Finding your 'generosity purposes'_66701
Mr Kinney's is quite a persuasive voice and the circular continuum he suggests is for all those looking to create a lasting impact on the world
 "Finding your 'generosity purposes'_66701")
WEF 2022: India puts 'new reality' on display with Davos street show_66596
Inside a pavilion on the Swiss Alpine resort's Promenade street beneath an "India @ Davos 2022" logo, the federal govt served up treats including 'masala chai' tea, 'samosa' snacks
 "WEF 2022: India puts 'new reality' on display with Davos street show_66596")
Aether Ind IPO subscribed 49% a day before close on sparse overall interest_66587
None of the three investor categories completes quota, with HNI interest being the dullest at 16%
 "Aether Ind IPO subscribed 49% a day before close on sparse overall interest_66587")
Don't want surplus wheat, sugar to go in hand of hoarders: Goyal at WEF_66695
22 countries have food regulations to protect their own food security, says union commerce minister
 "Don't want surplus wheat, sugar to go in hand of hoarders: Goyal at WEF_66695")
Investing in skills of future can add $8.3 trillion to global economy: WEF_66673
Investing broadly in the skills of the future for both today's and tomorrow's next-generation workforce could add USD 8.3 trillion in increased productivity to the global economy by 2030, WEF said
 "Investing in skills of future can add $8.3 trillion to global economy: WEF_66673")
