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Category: Business Updates

Business Updates

‘Permanent solution for public stockholding top priority for India’

March 13, 2020By businessreputationdata

Some WTO members including the US and Europe have been trying to shift the narrative of food security from public stockholding (PSH) to value-chain, market access and export restrictions.

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Business Updates

Home loans 101: Benefits for women borrowers

March 10, 2020By businessreputationdata

As an incentive to encourage home ownership among women, many banks and NBFCs offer concessional interest rates to not only women borrowers but also on loans where the woman is a co-applicant as well as the co-owner of the property.

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Business Updates

Vedanta promoter to sell stake worth $500 mn for debt repayment

March 9, 2020By businessreputationdata

Foxconn announced withdrawal from its joint venture with Vedanta to set up a $19.5-billion fab plant to manufacture 28 nm and 40 nm chips at Dholera, Gujarat.

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Business Updates

Akasa Air CEO Vinay Dube defends decision to sue some pilots, assures employees of strong financial health

March 5, 2020By businessreputationdata

Akasa Air, which began operations in August 2022, is in the news for moving court against over 40 pilots who resigned and quit without serving their notice periods of six months to a year.

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Business Updates

ATF price hiked by steepest ever 14%; commercial gas cylinder rates cut

March 5, 2020By businessreputationdata

Aviation turbine fuel (ATF) price was increased by Rs 13,911.07 per kilolitre, or 14.1 per cent, in the national capital to Rs 1,12,419.33 per kl, according to a price notification of state-owned fuel retailers.

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Business Updates

Need to prevent bureaucratisation of financial services: Uday Kotak

March 4, 2020By businessreputationdata

Taxing online gaming to the point of “unviability,” contradicts the Prime Minister’s vision to be a leader in the online gaming space, the letter, which was signed by Mobile Premier League, Winzo, and industry associations representing companies like Dream11, among others said.

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Business Updates

Focus on easing barriers to trade and investment: Goyal

March 4, 2020By businessreputationdata

In his opening remarks at the two-day trade ministerial meeting, Goyal also stressed on the importance of resilient global value chains.

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Business Updates

Masatsugu Asakawa: ‘Ready to play our part in MDB reforms’

March 4, 2020By businessreputationdata

ADB has a strong partnership with India, commencing operations in 1986. To date, ADB has committed 605 public sector loans, grants, and technical assistance totalling $52.6 billion to India.

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Business Updates

Govt aims 60% of wheat area under climate resilient varieties in rabi season amid El Nino fear

March 4, 2020By businessreputationdata

Ahead of rabi sowing from next month, the Centre on Tuesday said it targets to bring 60 per cent of the total wheat area of 30 million hectare under the climate-resistant varieties amid strong El Nino conditions.

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Business Updates

Sensex, Nifty end at new record closing highs on unabated foreign fund inflows

March 3, 2020By businessreputationdata

Forex traders said the US dollar gained on safe-haven demand amid risk aversion and rising expectations of a hawkish US Federal Reserve monetary policy in July.

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