Home » Business » In Other News

In Other News - Page 24

IndiGo announces deeper pay cuts of up to 35 per cent for senior employees. (AFP Photo)

IndiGo slashes pay up to 35% for senior employees

From May onwards, IndiGo had implemented pay cuts of up to 25 per cent for its senior employees

28 July 2020 10:51 AM IST

China imports more oil from Saudi than any other country in June. (AFP Photo)

China's crude imports from Saudi hit fresh high in June

Imports from Saudi Arabia rose to 8.88 million tonnes or 2.16 million bpd in June

26 July 2020 4:17 PM IST

Jack Ma , Alibaba Chairman summoned by Indian court on former employees complaint. (AFP Photo)

Court summons Alibaba, its founder Jack Ma on complaint of spreading...

The judge has also sought written responses from the company and its executives within 30 days, according to the summons

26 July 2020 2:31 PM IST

Former RBI governor Raghuram Rajan says that US-China conflict to impair global trade which is vital for Indias re-opening. (PTI Photo)

Global trade extremely important for India's re-opening, says Raghuram...

Rajan cautioned that corporations, households and governments will have enormous levels of debt as they move out of the...

24 July 2020 4:29 PM IST

India toughens public procurement rules for bidders from bordering nations. (AP Photo)

In move against China, India tightens rules on investments from...

The Indian government's statement said the decision was taken to strengthen the defence of India and national security

24 July 2020 9:55 AM IST

Air India reduces monthly allowances of employees by up to 50%. (PTI Photo)

Air India slashes employee monthly allowances by up to 50%

The Air India order said 11 types of allowances for pilots would stand reduced by 40 percent

23 July 2020 2:58 PM IST

India to offer production linked incentives to boost manufacturing. (PTI Photo)

India plans to offer production linked incentives for five sectors

Incentives have also been announced for pharmaceutical companies for production of bulk drugs and on medical devices

23 July 2020 1:34 PM IST

Consumers in India are cautious about spending in the wake of the coronavirus pandemic. (PTI Photo)

78% Indian consumers cut spending amid COVID-19 crisis: KPMG

Consumers in tier-III cities were 1.4 times more inclined towards spending on apparel than tier-I cities, it said

23 July 2020 12:08 PM IST

India in May suspended 39 oil import licences to slow duty-free shipments from neighbouring nations, disrupting refiners in Nepal. (AFP Photo)

Nepal's refiners struggle as India stops refined palm oil imports

Palm oil stockpiles in Nepal have swelled to 70,000 tonnes, overwhelming local demand needs, said Sarda

22 July 2020 11:42 AM IST

Rana Kapoor, the founder of Yes Bank, sought bail on the ground that the investigation in the case was completed as chargesheet has been filed. (PTI Photo)

Yes Bank case: PMLA court refuses bail to Rana Kapoor

Kapoor had sought bail on the ground that the investigation in the case was completed as chargesheet has been filed

22 July 2020 10:54 AM IST

India seeks new preferential treatment from US on drugs, other goods. (AFP Photo)

India seeks concession from US for generic drugs export

India accounts for 40% of US generic drug imports, including anti-malarial hydroxychloroquine, touted by Trump in fight...

21 July 2020 11:42 AM IST

Representational Image.

AIIMS to start human trials of Covaxin today

The Ethics Committee had raised few concerns in the protocol submitted for carrying out of the trial, according to Dr...

20 July 2020 12:20 PM IST