BS Web Team
 "BS Web Team")
BS Web Team
News reports and updates by the online desk of Business Standard
News reports and updates by the online desk of Business Standard
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LIVE: FIR against unknown people in connection with Odisha train mishap
Catch live updates from across the globe here
 "LIVE: FIR against unknown people in connection with Odisha train mishap")
Suzlon Group crosses 20 GW installed wind mills capacity worldwide
Suzlon's 20 GW wind energy installations are through 12,647 wind turbines across 17 countries spanning six continents
 "Suzlon Group crosses 20 GW installed wind mills capacity worldwide")
Green, eco-friendly technology key for Indian Navy-says Ministry of Defense
On the occasion of World Environment Day, the Indian Navy shares green initiatives made to protect the environment and reduce the carbon footprint
 "Green, eco-friendly technology key for Indian Navy-says Ministry of Defense")
Dr Reddy's completes Phase-I study in proposed biosimilar of tocilizumab
Global Phase III study is being initiated to compare the efficacy, safety, tolerability and immunogenicity of DRL_TC with the reference product
 "Dr Reddy's completes Phase-I study in proposed biosimilar of tocilizumab")
Tata Power Renewable Energy commissions 110-MW solar power project KSEB
Ashish Khanna, chief executive officer of TPREL, said that this 110 MW solar power project will help meet the green energy requirements of the state of Kerala
 "Tata Power Renewable Energy commissions 110-MW solar power project KSEB")
Angel One client base jumps 44% in May, retail equity market share rises 4%
Angel One saw a 22.4 per cent rise in average daily orders to 4.12 million from 3.36 million last May
 "Angel One client base jumps 44% in May, retail equity market share rises 4%")
To cover urban areas under electric cooking model within 3 years: Ministry
The government plans to come up with aggregation models for electric cooking through which prices can be brought down
 "To cover urban areas under electric cooking model within 3 years: Ministry")
Embassy REIT raises Rs 1,050 crore through NCDs to refinance bank loans
Embassy Office Parks REIT expects to secure interest savings of approximately 138 basis points
 "Embassy REIT raises Rs 1,050 crore through NCDs to refinance bank loans")
Amazon to waive off seller fee by 10% to celebrate its 10 years in India
Amazon noted in a blog post that the company's goal from the start was to digitise all businesses in order to offer the largest choice of things while leveraging technology
 "Amazon to waive off seller fee by 10% to celebrate its 10 years in India")
Nava Ltd more than halves its total liabilities to Rs 1,707 crore
The settlement of arbitration dues from Zambia Electricity Supply Corporation Limited (Zesco) has contributed to an increase in the cash flow of the company
 "Nava Ltd more than halves its total liabilities to Rs 1,707 crore")
Salary of Infosys CEO Salil Parekh drops 21% to Rs 56.45 crore in FY23
The annual report of Infosys, for the financial year 2022-23, reveals that the compensation of CEO Salil Parekh amounted to Rs 56.45 crore, compared to Rs 71 crore in the previous year
 "Salary of Infosys CEO Salil Parekh drops 21% to Rs 56.45 crore in FY23")
'Solution to plastic pollution' on UN's agenda as planet chokes on plastic
On this World Environment Day (June 5), the UN focuses on solving the plastic pollution crisis as India plans to tackle plastic pollution as a key component of its global mass movement, Mission LiFE
 "'Solution to plastic pollution' on UN's agenda as planet chokes on plastic")
Hyderabad offered highest new office space in India in 2022-23: Anarock
At the end of FY23, Hyderabad accounted for a 31 per cent share of the total office space supply in the top seven Indian cities
 "Hyderabad offered highest new office space in India in 2022-23: Anarock")
L&T Finance to sell bad loans worth Rs 3,022 crore to AMCs: Report
L&T Finance is making this step as part of its efforts to reduce its wholesale finance book, which comprises both infrastructure and real estate loans
 "L&T Finance to sell bad loans worth Rs 3,022 crore to AMCs: Report")
Westlife Foodworld makes its debut on the National Stock Exchange
Westlife was previously only permitted to trade, but it is now listed on both the NSE and the BSE
 "Westlife Foodworld makes its debut on the National Stock Exchange")
Lufthansa seeks deeper partnership with Air India, plans to expand flights
Lufthansa's CEO, Carsten Spohr speaks about the expansion plans of the airline and partnership with Air India that could make it the largest airline group connecting India and Europe
 "Lufthansa seeks deeper partnership with Air India, plans to expand flights")
TCS selected as strategic partner of Teachers' Pension Scheme in Eng, Wales
The IT major has been awarded a 10-year contract to manage the second-largest pension scheme in the UK using a platform powered by TCS BaNCS
 "TCS selected as strategic partner of Teachers' Pension Scheme in Eng, Wales")
Personal finance: Here are the money changes and PF deadlines for June 2023
From more expensive third-party motor insurance to pricey E2Ws to new rules for safe deposit lockers, read it all here
 "Personal finance: Here are the money changes and PF deadlines for June 2023")
IRDAI asks insurers to suo motu settle claims of Odisha rail mishap victims
Under suo motu settlement, the companies settle the claims even without the other parties applying for it
 "IRDAI asks insurers to suo motu settle claims of Odisha rail mishap victims")
Gold, silver prices remain unchanged, yellow metal trades at Rs 60,330
The price of ten grams of 22-carat gold was at Rs 55,300
 "Gold, silver prices remain unchanged, yellow metal trades at Rs 60,330")
