Sunday, 29 November 2020

CAIT Writes to PM Modi, Alleges Violation of FDI Norms by E-commerce Companies

In the letter to the Prime Minister, the Confederation of All India Traders (CAIT) claimed that "big e-commerce companies having deep pockets are leaving no stone unturned in monopolising the e-commerce business and retail trade of India with their malpractices and violating FDI policy of the government and relevant laws and rules".

from Top Business News- News18.com https://ift.tt/3fU1HvC
via IFTTT

AirAsia India Plans Expansion; to Induct 3 More A320 Neos by June 2021

AirAsia India spokesperson said the airline had signed an agreement for inducting five A320 neo planes last year. The Bengaluru-based airline took delivery of the first A320 neo in October and another one earlier this month.

from Top Business News- News18.com https://ift.tt/3mjBetv
via IFTTT

DLF Sells Nearly 90 Independent Floors in Gurugram for Over Rs 300 Crore

The COVID-19 pandemic has led people to think about home ownership, he had said. DLF's sales bookings in the first half of this fiscal crossed Rs 1,000 crore as sales in the second quarter rose sharply to Rs 853 crore from Rs 152 crore in the previous quarter.

from Top Business News- News18.com https://ift.tt/2HOFPVP
via IFTTT

Group Health Covers from Banks: Here’s How They Work and What All They Offer

These insurances are more important for senior citizens, above 60 years of age. Such people cannot stay dependent on employers and they can look forward to the group health insurances offered by banks.

from Top Business News- News18.com https://ift.tt/36felSx
via IFTTT

RBI Likely to Maintain Status Quo for Third Straight Time on Inflation Concerns

The six-member Monetary Policy Committee (MPC) headed by RBI Governor is scheduled to meet for two days starting December 2. The resolution of the sixth bi-monthly MPC meeting would be announced on December 4.

from Top Business News- News18.com https://ift.tt/3oao2rp
via IFTTT

Income Tax Dept Detects 'Undisclosed' Rs 450 Crore After Raids in Tamil Nadu Against 2 Groups

The searches were carried out at 16 premises in Chennai, Mumbai, Hyderabad and Cuddalore on November 27, it said.</p>

from Top Business News- News18.com https://ift.tt/37jrxVW
via IFTTT

Finance Ministry Asks PSU General Insurers to Cut Expenses to Improve Monetary Health: Report

<p>NICL, with a combined ratio of 160.8 per cent and underwriting losses of Rs 5,759 crore, has suffered losses of Rs 4,108 crore while OICL (141 per cent, Rs 4,197 crore) and UIIL (132 per cent, Rs 4,487 crore) have been hit with losses of Rs 1,524 crore and Rs 1,486 crore, respectively in 2019-20.

from Top Business News- News18.com https://ift.tt/3miZzj7
via IFTTT

Beyond Borders: The True Origins Of India's Favorite Brands - Colgate, Bata And Maruti

Bata grew into one of the world's leading shoemakers, with an impressive annual sale of 150 million pairs of shoes across more than 70 c...