Online company PharmEasy to buy Thyrocare for Rs 6,900 crore – Times of India

Share this…FacebookPinterestTwitterLinkedinRedditTumblr MUMBAI: In a deal worth nearly $1 billion, online pharma startup PharmEasy is buying out leading pathology laboratory chain Thyrocare Technologies to bolster its e-commerce play. Under the contours of the deal, API Holdings, the parent of PharmEasy is acquiring a 66% stake in Thyrocare from its main promoter A Velumani and his […]

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In Covid year, banks see record profit of Rs 1 lakh crore – Times of India

Share this…FacebookPinterestTwitterLinkedinRedditTumblr MUMBAI: The banking sector has recorded its highest ever profits of Rs 1,02,252 crore in FY21, a year when the economy was battered by the pandemic. This is a significant turnaround compared to a net loss of nearly Rs 5,000 crore for the industry in FY19. Two banks — HDFC Bank and SBI […]

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Centre announces tax concessions on money received for Covid treatment – Times of India

Share this…FacebookPinterestTwitterLinkedinRedditTumblr NEW DELHI: The government on Friday announced income tax concessions for payment towards Covid-19 treatment or in the event of death. Announcing the measures, minister of state for finance Anurag Thakur said that the measures have been undertaken to strengthen India’s fight against the Covid-19 pandemic. As part of the measures, the Centre […]

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Indore, Surat bag Smart Cities award for best performance; UP best among states – Times of India

Share this…FacebookPinterestTwitterLinkedinRedditTumblr NEW DELHI: Among 100 Smart Cities, Surat and Indore have bagged the best award for their overall performance in 2020 and Uttar Pradesh won the state award. Madhya Pradesh and Tamil Nadu finished as the first and second runner up. In 2019, Surat was the sole winner among smart cities. This is the […]

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sensex today: Sensex rises 226 points to hit fresh closing high; Nifty settles above 15,850 – Times of India

Share this…FacebookPinterestTwitterLinkedinRedditTumblr NEW DELHI: Equity indices surged to record highs on Friday with the benchmark BSE sensex rising over 200 points led by gains in banking, metal and financial stocks. The 30-share BSE index rose 226 points or 0.43 per cent to close at fresh peak of 52,925; while the broader NSE Nifty settled 73 […]

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RIL plans big 5G push, will launch smartphone – Times of India

Share this…FacebookPinterestTwitterLinkedinRedditTumblr NEW DELHI: Reliance Industries chairman Mukesh Ambani on Thursday unveiled ambitious plans for his digital and telecom empire, deepening his company’s ties with tech behemoths Google, Facebook and Microsoft. The move comes at a time when Ambani is preparing to transition his mobile customers to 5G and looking to launch highly affordable Android […]

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India presses Opec for affordable oil price – Times of India

Share this…FacebookPinterestTwitterLinkedinRedditTumblr NEW DELHI: With domestic retail fuel prices jumping to record high on rising international oil rates, India on Thursday pressed oil cartel Opec for ‘affordable’ oil price within a ‘reasonable band’ and that the producers should phase out production cuts. Opec nations such as Saudi Arabia have traditionally been India’s principal oil source. […]

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Vistara sale: Vistara announces 48-hour sale for August 1-October 12 travel period | India Business News – Times of India

Share this…FacebookPinterestTwitterLinkedinRedditTumblr NEW DELHI: Vistara on Thursday announced a 48-hour sale on all classes of its flights for travel between August 1 and October 12. The airline — which runs flights in economy, premium economy and business class configurations — said in a press release that the sale would end on 11:59 PM on Friday. […]

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BPO Industry in India: Government frees BPOs as global rivals rise | India Business News – Times of India

Share this…FacebookPinterestTwitterLinkedinRedditTumblr NEW DELHI: Amid growing competition from countries such as the Philippines, Mexico, Malaysia and Canada, the government has decided to unshackle the multi-billion-dollar Indian BPO industry, removing the need for a plethora of regulatory approvals and compliances. The move will also simplify the process of infrastructure and work sharing between different entities to […]

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Kotak Mahindra Bank enables mobile numbers-based fund transfer – Times of India

Share this…FacebookPinterestTwitterLinkedinRedditTumblr MUMBAI: Kotak Mahindra Bank has introduced a ‘Pay Your Contact’ feature on its mobile banking app that allows customers to send money or make payments to any of their contacts across all payment apps simply by entering the beneficiary’s mobile number. The transaction is possible with only the phone number without having to […]

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