Shobha Gangwal is the wife of Rakesh Gangwal, the co-founder of the company, which is the parent of the country’s largest airline IndiGo.
Such an entity will help the country reduce its vulnerabilities to any international sanctions and pressures, she said while speaking at the Global Maritime India Summit 2023.
Penalty has been imposed on state-owned insurer for violation of sections 271(1)(c) and 270A of the Income Tax Act, 1961, it said.
Meanwhile, SEBI Chairperson Madhabi Puri Buch Thursday said the Sahara matter will continue for the regulator even after the death of the group’s founder Subrata Roy.
India will launch a BRICS startup forum this year to facilitate collaboration and share best practices among investors, incubators and aspiring entrepreneurs, Commerce and Industry Minister Piyush Goyal has said.
The current account deficit (CAD) was 3.8 per cent of GDP or USD 30.9 billion in July-September quarter in 2022-23.
Homegrown FMCG and Ayurvedic products maker Dabur will challenge the same based on strong merits by filing its reply before the relevant authorities, Dabur India said in a regulatory filing.
A special court in Mumbai took cognizance of the CBI chargesheet on Wednesday, and issued summons to the accused to appear before it next month.
India’s demand for electricity for running household air conditioners is estimated to expand nine-fold by 2050 and will exceed total power consumption in the whole of Africa today, the International Energy Agency (IEA) said on Tuesday.
Passenger vehicle wholesales in India rose 9 per cent year-on-year in August on the back of strong demand for utility models, industry body SIAM said on Monday.