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Category: Business Updates

Business Updates

Online gaming lobby groups sign voluntary code of ethics

December 25, 2021By businessreputationdata

In April, the Ministry of Electronics and IT (MeitY) had notified rules for online gaming which allowed for the setting up of self-regulatory bodies to vet the legitimacy of online games, with oversight of the government, among other provisions.

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Business Updates

Ex-crypto mogul Sam Bankman-Fried convicted of multi-billion dollar FTX fraud

December 25, 2021By businessreputationdata

FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record.

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Business Updates

GST an engine for driving consumption, helped households save on monthly bills: Govt

December 22, 2021By businessreputationdata

June 30, Friday is the last date to link PAN with Aadhaar, according to the latest notification from the Ministry of Finance’s Department of Revenue.

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Business Updates

Who is Vaibhav Taneja, new CFO of Tesla?

December 22, 2021By businessreputationdata

Vaibhav Taneja, originally from India, is taking over as Tesla’s CFO, which is also called “Master of Coin”, in addition to his job as chief accounting officer.

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Business Updates

Petrol demand rises in July, rains continue to cut into diesel sales

December 21, 2021By businessreputationdata

India’s petrol consumption rose in July, but diesel demand fell owing to monsoon rains and floods in some parts of the country, preliminary industry data showed on Tuesday.

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Business Updates

Asian shares weaker ahead of Federal Reserve interest rate decision

December 20, 2021By businessreputationdata

The Fed is due to wrap up a two day meeting on Wednesday. Japan’s central bank will meet Thursday-Friday as observers speculate that it might gradually begin to adjust its longstanding negative interest rate policy.

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Business Updates

India to clock GDP growth of 6.5pc in FY’24 despite rainfall deficit: CEA

December 20, 2021By businessreputationdata

The CEA said food inflation is likely to subside with the arrival of fresh stock and government measures. However, the impact of deficient rains in August is to be watched.

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Business Updates

Centre to consider PLI scheme for chemicals and petrochemicals industry

December 20, 2021By businessreputationdata

On Thursday, the market regulator released guidelines for investment by mutual fund schemes and asset management companies in CDMDF units.

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Business Updates

Tata Motors to supply and operate 200 electric buses in Srinagar, Jammu for 12 years

December 19, 2021By businessreputationdata

The company has supplied the first batch of Ultra EV air-conditioned electric buses to Srinagar Smart City Ltd, via TML Smart City Mobility Solutions (J&K) Pvt Ltd, a group company, Tata Motors said in a statement.

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Business Updates

Govt likely to meet 5.9% fiscal deficit target: Goldman Sachs

December 19, 2021By businessreputationdata

Goldman said it expects the focus on capex to continue, but at a slower pace — 10 per cent growth in capex as a base case.

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