Three state-owned fuel retailers — Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) — which control roughly 90 per cent of the market, have kept petrol and diesel prices on freeze for a record 21 month in a row.
The US, India and about 140 other nations are close to reaching an agreement on the overhauling of global tax norms to ensure that multinationals pay taxes wherever they operate.
These supervisory restrictions will be reviewed upon the rectification of the said deficiencies to the satisfaction of the RBI, it said.
The acceptance of the resumption plan by the DGCA takes Go First one step closer to restarting operations.
Sitharaman to public sector banks at their performance review meet
In a stock exchange filing, the company said it has initiated appropriate legal action to contest Culver Max and BEPL’s claims in the arbitration proceedings before Singapore International Arbitration Centre (SIAC).
Following the Galwan Valley skirmishes in 2020, the Indian government issued orders to clamp down on participation of Chinese vendors in public procurement. Recently, the Indian procurement portal GeM announced the removal of hundreds of Chinese vendors over the past three years.
Nykaa’s flagship ‘Pink Summer Sale’ helped boost its beauty and personal care (BPC) segment – the company’s biggest. BPC orders increased by 17% in the quarter.
The initial share sale of JSW Infrastructure will open for public subscription on September 25 and conclude on September 27.
Airbus has yet to strike a major deal at the show, which comes as global airlines like Emirates have bounced back from the lockdowns of the coronavirus pandemic with increased global demand for travel.