BUSINESS
OYO founder Ritesh Agarwal's father falls to death from Gurugram high-rise
According to the police, at around 1 p.m. they received information from the DLF security that a person has fallen from the 20th floor of Tower of The Crest Society in Sector 54, who has been taken to the Paras Hospital. Virender Vij, DCP (East), said in a statement that Agarwal was declared brought dead at the hospital, adding that the body has been handed over to the family after conducting a post-mortem.
'Shark Tank India 2': Parul Gulati grabs judges' attention with hair extension brand
During the finale episode of 'Shark tank India 2', Parul shared her hair extension brand and said that it caters to the diverse needs of women who suffer from hair problems, such as hair loss, damaged hair, hair thinning, and restricted growth, or who love to experiment with their hairstyles. She asked for an investment of Rs 1 crore for 2 per cent equity in 'Nish Hair' from the sharks.
Positive momentum effect supports rise of industrial output to 5.2% in Jan
For the April-January period of 2022-23, IIP growth was 5.4 per cent, down from 13.7 per cent recorded during the corresponding period of last year. The manufacturing output rose by 3.7 per cent in January 2023, up from 3.1 per cent in December 2022; electricity production was also higher by 12.7 per cent in January 2023 compared to an increase of 10.4 per cent in December 2022.
Centre makes it compulsory for banks to record transactions of politically exposed persons
The amended money laundering rules define PEPs as "individuals who have been entrusted with prominent public functions by a foreign country, including the heads of States or Governments, senior politicians, senior government or judicial or military officers, senior executives of state-owned corporations and important political party officials".
Centre clears disinvestment of 25% equity stake in Bharat Coking Coal Ltd
Highly placed sources told IANS that a three-member empowered ministerial committee led by Finance Minister Nirmala Sitharaman and comprising Coal Minister Pralhad Joshi and Road Transport & Highways Minister Nitin Gadkari has cleared the proposal for divesting 25 per cent of BCCL's equity.
Government releases Rs 1,40,318 cr monthly instalment tax devolution to states
The monthly instalment for March is much more than the normal monthly devolution of Rs 70,159 crore made for states. This is in line with the commitment of the Central government to strengthen the hands of states to accelerate their capital and developmental expenditure, an official statement said.
Tata-Lockheed Martin JV to make fighter plane wings in India
According to Lockheed Martin, the Memorandum of Understanding (MOU) envisions production of 29 fighter wing shipsets, with an option of additional shipsets, with deliveries commencing in 2025. Lockheed Martin formally recognised TLMAL as a potential co-producer of fighter wings in October 2021 after the latter's successful production and qualification of a prototype fighter wing shipset.
Rohit Jawa to take over as new MD & CEO of HUL
After a transformational tenure of 10 years at the helm of HUL, Sanjiv Mehta will retire from the company. Rohit (56), is currently the Chief of Transformation for Unilever in London where, since January 2022, he has successfully orchestrated the once-in-a-decade, end-to-end transformation of Unilever.
Railway Ministry inks deal with Tata Steel to provide seating system, panelling for 22 Vande Bharat trains
The Ministry of Railways has set a production target of 200 Vande Bharat trains over the next two years, besides setting a target to run the first sleeper version of Vande Bharat by the first quarter of 2024. Keeping this in view, an agreement has been signed with Tata Steel to speed up the production work.
7 Adani airports saw an increase of 92% in domestic, 133% in international travellers
Similarly, there has been a rise of 58 per cent and 61 per cent in the number of domestic and international flights respectively. Air traffic jumped by around 100 per cent compared to the previous year, taking the number to pre-pandemic levels with more than 14.25 million passengers using these airports over last year.
Don't Miss
Advertisement