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Insured Assets Worth Rs 150 Crore Affected, In Fire At Neemrana Unit: Havells
| Friday, August 19, 2022, 16:38 [IST]
Assets worth Rs 150 crore, which were fully insured, were affected in the massive fire at its Neemrana-based manufacturing unit, said consumer electrical goods manufacturer Havells India. On July 27, a massive fire had broken out at Havells factory at Neemrana ...
Zimbabweans Hit, By Soaring Inflation: Will Gold Coins Help?
| Friday, August 19, 2022, 14:45 [IST]
After working as an overnight security guard at a church in Harare's impoverished Mabvuku township, Jeffrey Carlos rushes home to help his wife fetch water to sell. Prolonged water shortages mean most residents of the capital city of more than 2.4 ...
Retail Inflation For Farm, Rural Workers Rise, To 6.6 Pc, 6.82 Pc In July
| Friday, August 19, 2022, 14:17 [IST]
Retail inflation for farm and rural workers increased to 6.60 per cent and 6.82 per cent, respectively, in July mainly due to higher prices of certain food items. In June retail inflation for farm and rural workers stood at 6.43 per ...
Intercept Pharmaceuticals Settles Ocaliva Patent Litigation Case, With Dr Reddy's
| Friday, August 19, 2022, 12:32 [IST]
Intercept Pharmaceuticals Inc has said it entered into a settlement agreement with Dr Reddy's Laboratories resolving the previously disclosed patent litigation to market a generic version of Ocaliva (obeticholic acid) 5 mg and 10 mg tablets in the USA. Ocaliva is ...
Basis Needs Not Freebies; Poor People More Entitled, To Receive Them, Says Economist
| Friday, August 19, 2022, 11:43 [IST]
Economist Jayati Ghosh said that 'basic needs' like nutrition, healthcare, housing and education, which the government should provide for its citizens, are not freebies, while asserting that the poor are more entitled to receive their basic needs. Ghosh noted that the ...
Google Workers, Demand Abortion Protections, Data Privacy
| Friday, August 19, 2022, 08:42 [IST]
Hundreds of Google employees are petitioning the company to extend its abortion healthcare benefits to contract workers and to strengthen privacy protections for Google users searching for abortion information online. Google parent company Alphabet had pledged to pay travel and other ...
CCI Clears Proposed Merger Of JSW Ispat, Creixent Special Steels, With JSW Steel
| Friday, August 19, 2022, 08:36 [IST]
Fair trade regulator Competition Commission of India (CCI) on Thursday approved the proposal to merge Creixent Special Steels and JSW Ispat into JSW Steel. In May, JSW Steel announced the merger deal. JSW Steel and JSW Ispat are into manufacturing and ...
Indian Apps, Games Record 200 Pc Increase, In Active Monthly Users: Google Play
| Thursday, August 18, 2022, 16:44 [IST]
Indian apps and games saw a 200 per cent increase in active monthly users in 2021 compared to 2019, a Google Play official said in a blog post on Thursday. Google Play Partnerships Director Aditya Swamy in the blog said there ...
GST Investigation Wing Asks Officers, To Refrain From Summoning CMD/CEOs
| Thursday, August 18, 2022, 16:35 [IST]
The GST investigation authority has asked field offices not to exercise the power to arrest in a mechanical manner and also refrain from summoning senior management officials like CMDs and CEOs. The investigation authority under the Central Board of Indirect Taxes ...
IMF Delegation, To Visit Sri Lanka This Month: Central Bank Governor
| Thursday, August 18, 2022, 14:46 [IST]
The Sri Lankan government's negotiations with the IMF for a bailout package have made "good progress," the Central Bank Governor said on Thursday, indicating that a top delegation of the Washington-based lender is expected to arrive here at the end of ...
Telecom Minister Ashwini Vaishnaw Asks Telcos, To Gear Up For 5G Launch
| Thursday, August 18, 2022, 12:25 [IST]
Telecom Minister Ashwini Vaishnaw on Thursday asked telecom service providers to gear up for 5G launch, post the issuance of spectrum allocation letters. In a first, the Department of Telecom (DoT) has issued spectrum assignment letters on the same day the ...
Airtel Gets Spectrum Allocation Letter, Sunil Mittal Hails Ease, Of Doing Business
| Thursday, August 18, 2022, 12:19 [IST]
Bharti Airtel received spectrum allocation letter within few hours of making upfront payment to the Department of Telecom, Bharti Enterprises founder and chairman Sunil Bharti Mittal said on Thursday. This is the first time ever that the Department of Telecom (DoT) ...