 "Top headlines: DLF posts Rs 481 cr profit in Q4; ED sends notice to WazirX")
DLF posts Rs 481 cr net profit in Q4; appoints Ashok Tyagi, Devinder Singh as CEOs
Realty major DLF on Friday reported a consolidated net profit of Rs 480.94 crore for the quarter ended March. It also appointed Ashok Tyagi and Devinder Singh as the new CEOs of the company. DLF had posted a net loss of Rs 1,857.76 crore in the year-ago period. READ MORE...
ED slaps FEMA contravention notice against India's largest cryptocurrency exchange
The Enforcement Directorate (ED) on Friday said it has issued a show cause notice to the country's largest cryptocurrency exchange for undertaking transactions worth over Rs 2,790 crore in alleged violation of the Foreign Exchange Management Act (FEMA). Mumbai headquartered WazirX is as a domestic crypto currency and bitcoin exchange start-up registered under the company name Zanmai Labs Pvt Ltd that was incorporated in December, 2017. READ MORE...
Mukul Roy back in TMC fold
In a blow to the prestige of the saffron brigade, Bharatiya Janata Partys national Vice President Mukul Roy along with son Subranshu, re-joined the Trinamool Congress on Friday, with Bengal Chief Minister Mamata Banerjee and other leaders of the state's ruling party welcoming him back to the fold. Roy, who was closeted with Banerjee in Trinamool Bhavan before his formal re-induction in the party he helped set up, said he was "happy to see all known faces again". READ MORE...
Delta variant 60% more transmissible, reduces vaccine effect: UK experts
The Delta variant of COVID-19, or the B1.617.2 variant of concern (VOC) first identified in India, is about 60 per cent more transmissible than the Alpha strain identified in the UK and also reduces the effectiveness of vaccines to some extent, UK health experts report on Friday. Public Health England (PHE), which has been tracking VOCs on a weekly basis, said that the cases of the Delta VOC have risen by 29,892 to hit 42,323 in the country an increase of around 70 per cent. READ MORE...
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%