The dearness allowance for employees and pensioners is worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month.
Shares of companies related to aerospace and defence sectors continued to remain in the limelight on Thursday, after the successful touchdown of Chandrayaan-3 mission’s Vikram lander on the Moon.
According to industry sources, Pai will get a seat on the board of Aakash Educational Services, which is Byju’s largest asset.
Shareholders of Zee Entertainment Enterprises Ltd (ZEEL) have rejected a proposal for reappointment of Alicia Yi as an independent director on the company board.
Sun Pharma emerged as the biggest gainer from the Sensex pack, climbing 2.09 per cent, followed by ITC, Titan, Bajaj Finance, Nestle, Infosys, L&T, JSW Steel, Reliance Industries and Kotak Mahindra Bank.
Ending its eight-day winning streak, the broader Nifty of the National Stock Exchange declined by 165.50 or 0.85 per cent to settle at 19,331.80. As many as 44 Nifty shares declined while six gained.
Ajay Banga is on his first visit to India after taking over the charge of the global lender.
The positive growth rates are expected after the negative growth seen during the first two quarters of the year.
Air India and Singapore Airlines will ensure minimum capacity on various domestic and international routes, including Delhi-Sydney and Delhi-Paris, as part of commitments made to fair trade regulator CCI to address possible competition concerns arising out of the Vistara merger.
Originally, five bidders were in the race to buy the company which reported a turnover of Rs 2,161 crore and a net profit of Rs 466.96 crore for the year ended March 2023.