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Suresh Krishn is president CREDAI T.N.

Suresh Krishn has been appointed as the sixth president of CREDAI (Confederation of Real Estate Developers Association of India) Tamil Nadu

Coronavirus | Centre contradicts Serum Institute of India on Covishield pricing, to purchase at ₹150 per dose

Poonawalla silent on Health Minister’s tweet that govt of India’s procurement cost remains ₹150/dose.

Serum Institute defends Covid-19 vaccine pricing

The earlier price was based on advance funding and now it has to invest in scaling up and expanding capacity to produce more shots, the company says.

Coronavirus | Biological E gets nod to start Phase III trials of COVID-19 vaccine

Approval from a Subject Expert Committee of CDSCO follows successful completion of Phase I/II

RBI restrains American Express Banking Corp., Diners Club International from onboarding new customers

The Reserve Bank of India has imposed restrictions on American Express Banking Corp. and Diners Club International Ltd. from onboarding new domestic

Report errant hospitals to State govts: IRDAI tells insurers

The Insurance Regulatory and Development Authority of India (IRDAI) has advised insurers to report hospitals levying excess charges or denying

RBI extends Ways and Means credit for States, UTs to Sept.

Prevalence of COVID-19 cases influences decision

Wendt turns into black, clocks ₹5.97 crore net in Q4

Wendt India Ltd. reported a standalone net profit of ₹5.97 crore for the fourth quarter ended March on higher sales to user industries such as auto

HCL Tech net falls 24% on staff bonus, higher tax

‘FY22 revenue to grow in double digits’

Hearing in Valli Arunachalam case reposted

The National Company Law Tribunal (NCLT), Chennai, has reposted the hearing on Valli Arunachalam and her family’s waiver application to July 1. The

RBI restricts American Express, Diners Club from on-boarding new customers from May 1

The two payment system providers have been penalised for violating data storage norms

Rupee falls by 7 paise to close below 75 mark against U.S. dollar

Heavy selloff in domestic equities amid fears that a rapid resurgence of COVID-19 cases in the country can disrupt economic recovery kept investors on edge.

Sensex declines 202 points after choppy trade; Nifty ends below 14,350

Equity benchmark Sensex declined 202 points on Friday, tracking losses in ICICI Bank, Infosys and HUL amid persistent concerns over the economic

ESIC scheme adds 11.58 lakh new members in February 2021

Around 11.58 lakh new members joined the ESIC-run social security scheme in February 2021 as against 11.78 lakh in the previous month, official data

MFIs want their employees, SHG workers to be vaccinated on priority

Microfinance institutions have urged the Centre to consider prioritising vaccinations for their employees and self-help group workers in order to

Mylab to deploy 50 high-volume mobile testing labs for COVID-19 across India

These labs are “powered by automated Compact XL machines which do testing 3 times faster than the conventional labs due to parallel processing and automated handling,” Mylab said.

Mukesh Ambani buys Britain country club for ₹592 crore

Two iconic James Bond movies — 'Goldfinger' (1964) and 'Tomorrow Never Dies' (1997) were filmed at Stoke Park.

SBI pares FY22 growth to 10.4%, expects 2nd wave to peak in third week of May

State Bank of India has revised downwards its growth projection for 2021-22 to 10.4% real GDP growth and 14.3% nominal GDP growth, from 11% and 15%,

RBI approves appointment of Atanu Chakraborty as part-time chairman of HDFC Bank

The appointment will be for a period of three years with effect from May 5, 2021 or the date of his taking charge, whichever is later,” HDFC Bank said.

Turkey probes cryptocurrency exchange for possible $2 bln fraud

Crypto exchange Thodex’s owner Faruk Fatih Ozer deactivated his social media accounts and is believed to have fled Turkey for Tirana, Albania, Turkish broadcaster Haberturk reported

Chipmaker TSMC approves $2.8 bln for capacity expansion

The company this month said that it plans to invest $100 billion over the next three years to increase capacity at its plants, days after Intel Corp announced a $20 billion plan to expand its capacity

Rupee falls 12 paise to 75.06 against US dollar in early trade

The Indian rupee slumped 12 paise to 75.06 against the US dollar in opening trade on Friday as muted domestic equities and concerns over rising

Apple plans to expand ads business

The report comes as Apple plans to send prompts to iPhone users to allow apps to use their data for personalised advertising

Sensex falls over 300 points in early trade

The broader NSE Nifty drops 75.45 points

Today's top business news: Shares fall as fears of virus-led economic downturn linger, SBI expects 2nd wave to peak in third week of May, Gold heads for third weekly gain, and more

Updates from the world of economy, markets, and finance

Ensure cashless treatment for COVID: IRDAI

Amid reports hospitals denying facility, regulator steps in

GSK Consumer Healthcare to foray into gum care in India

GSK Consumer Healthcare will be foraying into the gum-care segment in the key India market with the unveiling of its global toothpaste brand

Industry urges FM to extend timelines for compliance

Industrialists cite fresh COVID curbs, seek renewed support

Accenture’s Menon is chairperson of Nasscom

The National Association of Software and Services Companies (Nasscom) on Thursday appointed Rekha M. Menon, chairperson and senior MD at Accenture in

Infosys, BP to develop integrated energy-as-a-service offering

Tech services provider Infosys and energy major BP entered into an understanding to develop an integrated energy as-a-service (EaaS) offering that

Ola to set up 1 lakh EV charging points in India

Ola Electric unveiled Ola Hypercharger Network, a charging network for its upcoming two-wheeler products.The Ola Hypercharger Network would be the

Ashok Leyland bets on LCVs, defence to grow

‘E-com, FMCG growth helped LCVs’

‘No debt recast if Future-RIL deal is done’

Lenders to Kishore Biyani’s Future Group will withdraw the debt recast plan that offered easier repayment options if the troubled retailer’s

‘Supply issues, curfews hit deliveries’

Logistics operations have been hit by the increase in COVID-19 related restrictions across the country, industry officials said. Non-availability of

Life insurers’ FY21 first year premium rose 7.49%

March performance aided growth