Cairn Energy: India asks state banks to withdraw cash held abroad over Cairn dispute, sources say – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr Cairn was awarded damages of more than $1.2 billion plus interest and costs in December. NEW DELHI: India has asked state-run banks to withdraw funds from their foreign currency accounts abroad, two government officials and a banker said, as New Delhi fears Cairn Energy may try to seize the cash after an arbitration […]

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Cognizant attrition rate: Cognizant attrition rises again, impacting revenue | India Business News – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr BENGALURU/CHENNAI: Even as Cognizant has made offers to 28,000 campus hires for onboarding this year, the company’s attrition rate continues to stay very high, compared to those of its Indian peers. Some of the latter are seeing these rates decline, but Cognizant’s has risen in the past two quarters and has hovered in […]

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Covid drugs: Govt in no rush to grant ‘compulsory licences’ | India Business News – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: The government may not rush ahead and grant a series of compulsory licences to access cheaper drugs in the wake of Natco Pharma seeking patent waiver for rheumatoid arthritis drug Baricitinib that is being administered to Covid patients. While it is still early days for Natco’s application, sources indicated that a […]

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Natco rolls out Baricitinib ahead of approval for patent waiver | Hyderabad News – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr HYDERABAD: Even as it has filed for a compulsory licence for Covid-19 drug Baricitinib in India, Natco Pharma has already begun rolling out its generic version of the rheumatoid arthritis drug under the Barinat brand. Natco launched its 4mg tablets at Rs 30 a piece on Thursday and stocks of the drug are […]

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Lufthansa’s Germany-India-Germany flights to now stop over in Dubai for crew change – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: Lufthansa’s flights between India and Germany will now take a stopover in Dubai both ways for a crew change. The German major has taken this step to ensure its pilots and cabin crew operating the 10 weekly return flights to India do not require a layover in the Covid-ravaged metros here. […]

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Canada rushing in 25,000 vials of Remdesivir & 350 ventilators to India – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: Canada is sending up to 25,000 vials of antiviral remdesivir (brand name Veklury) and up to 350 ventilators from its National Emergency Strategic Stockpile to help respond to the “critical” Covid situation across India. The Canadian government says it is also providing support through Unicef’s with the urgent provision of 1,450 […]

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Tata Steel swings into black; posts Rs 7,162 crore net profit in March quarter – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: Tata Steel on Wednesday posted a consolidated net profit of Rs 7,161.91 crore for the quarter ended March 2021, mainly on account of higher income. The company had reported a net loss of Rs 1,615.35 crore in the year ago quarter, Tata Steel said in a BSE filing. During January-March 2021, […]

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Shaktikanta Das: RBI relaxes KYC norms, tells banks not to impose any restriction till Dec-end – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr MUMBAI: The Reserve Bank on Wednesday asked banks and other regulated financial entities not to impose any punitive restriction against customers for failure to update KYC till December end, in view of the second wave of coronavirus cases. The RBI has also decided to extend the scope of video KYC (know-your-customer) or V-CIP […]

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Petrol Diesel Price: Petrol price up 15 paise, diesel 18 paise after over two-week hiatus | India Business News – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: Petrol price on Tuesday was increased by 15 paise per litre and diesel by 18 paise as state-owned fuel retailers started passing on the increase in international oil prices to consumers after an 18-day hiatus. Petrol now costs Rs 90.55 per litre in Delhi, up from Rs 90.40, according to a […]

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Petrol price up 15 paise, diesel 18 paise after over two-week hiatus

Share this…FacebookPinterestTwitterLinkedinTumblr Petrol price on Tuesday was increased by 15 paise per litre and diesel by 18 paise as state-owned fuel retailers started passing on the increase in international oil prices to consumers after an 18-day hiatus. Petrol now costs ₹ 90.55 per litre in Delhi, up from ₹ 90.40, according to a price notification […]

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