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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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Shopping from Amazon may get costlier as platform hikes seller commission

The move comes as the platform, like other tech companies, seeks to conserve cash and expand revenue channels in the midst of a global slowdown

Shopping from Amazon may get costlier as platform hikes seller commission
Updated On : 16 May 2023 | 9:18 AM IST

India cuts windfall tax on petroleum crude from Rs 4,100 per tonne to zero

Prior to this, the government announced the reimposition of the windfall profit tax on domestically produced oil from zero to Rs 6,400 per tonne. The government also scrapped the export duty on diesel

India cuts windfall tax on petroleum crude from Rs 4,100 per tonne to zero
Updated On : 15 May 2023 | 11:53 PM IST

IT major Infosys rewards employees with equity shares under 2 schemes

Under the 2015 Stock Incentive Compensation Plan, 104,335 equity shares were allotted and 407,527 shares were allotted under the Infosys Expanded Stock Ownership Program 2019

IT major Infosys rewards employees with equity shares under 2 schemes
Updated On : 15 May 2023 | 11:45 PM IST

Have not investigated Adani Group since 2016, Sebi tells apex court

The apex court on Monday heard the Adani vs Hindenburg case along with some other crucial cases

Have not investigated Adani Group since 2016, Sebi tells apex court
Updated On : 15 May 2023 | 10:39 PM IST

Aryan Khan case: As CBI books Sameer Wankhede, here's all you need to know

In Aryan Khan case, CBI FIR cites conspiracy to extort money from Shah Rukh Khan

Aryan Khan case: As CBI books Sameer Wankhede, here's all you need to know
Updated On : 15 May 2023 | 8:51 PM IST

HCLTech expands partnership with SAP to drive digital transformation

We are delighted to expand our partnership with SAP to continue elevating the experience for our people through the best of technology, said C Vijayakumar

HCLTech expands partnership with SAP to drive digital transformation
Updated On : 15 May 2023 | 8:02 PM IST

Pfizer consolidated net profit rises 3% to Rs 130 crore in March quarter

The company said its board recommended a final dividend of Rs 35 per share of Rs 10 each

Pfizer consolidated net profit rises 3% to Rs 130 crore in March quarter
Updated On : 15 May 2023 | 7:47 PM IST

PVR Inox March-quarter consolidated net loss widens to Rs 333 crore

PVR Inox to raise funds via the issue of non-convertible debentures worth Rs 100 crore

PVR Inox March-quarter consolidated net loss widens to Rs 333 crore
Updated On : 15 May 2023 | 7:38 PM IST

France preferred destination for Indians, sees max visa rejections: Report

At 20.12%, France has the highest visa rejection rate and 27,681 applications were rejected, the report suggests. It was followed by Spain with 18.5% or 14,852 visas rejected

France preferred destination for Indians, sees max visa rejections: Report
Updated On : 15 May 2023 | 11:47 PM IST

Turkey heads into runoff election as Erdogan falls short of majority

Erdogan and Kilicdaroglu are staring at a runoff vote after none of them managed to secure the necessary 50% votes

Turkey heads into runoff election as Erdogan falls short of majority
Updated On : 15 May 2023 | 6:33 PM IST

IT sector slowdown results in 30% decline in hiring of freshers: Report

The study revealed that several factors contributed to the slowdown in hiring, which includes increased focus on upskilling and reskilling of existing employees, rather than hiring new ones

IT sector slowdown results in 30% decline in hiring of freshers: Report
Updated On : 15 May 2023 | 9:13 PM IST

Wipro FullStride Cloud Studio inks partnership with Google Cloud's RaMP

The partnership will deliver faster cloud migration tied to business outcomes

Wipro FullStride Cloud Studio inks partnership with Google Cloud's RaMP
Updated On : 15 May 2023 | 5:59 PM IST

Karur Vysya Bank Q4 results: Net profit rises 58.6% to Rs 338 crore

The board of the bank recommended a dividend of Rs 2 per equity share or 100 per cent on the face value Rs 2 each for the financial year ended March 31, 2023

Karur Vysya Bank Q4 results: Net profit rises 58.6% to Rs 338 crore
Updated On : 15 May 2023 | 5:46 PM IST

Tube Investments Q4 results: Net profit rises 74% to Rs 312 crore

Tube Investments board approved long-term borrowing up to Rs 300 crore to meet the company's fund requirements for FY23-24

Tube Investments Q4 results: Net profit rises 74% to Rs 312 crore
Updated On : 15 May 2023 | 5:25 PM IST

With Go First gone, rivals Air India, IndiGo, others ramp up flights

The government of India has also allotted cash-strapped Go First slots after representations that airports will lose money if they are not utilised

With Go First gone, rivals Air India, IndiGo, others ramp up flights
Updated On : 15 May 2023 | 6:04 PM IST

Centre reduces fee for solar PV module ALMM registration, expands validity

The changes in the ALMM for PV modules would improve the ease of doing business and aid in ramping up local production of solar PV modules, said BS Bhalla, Secretary of MNRE

Centre reduces fee for solar PV module ALMM registration, expands validity
Updated On : 15 May 2023 | 5:10 PM IST

Maruti Suzuki's Dzire best-selling compact sedan of FY23; check full list

Available in petrol, CNG, and electric versions, Tata's Tigor clocked sales of 46,174 units, 93% up year-on-year

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Updated On : 15 May 2023 | 4:50 PM IST

Maruti Suzuki's Dzire best-selling compact sedan of FY23; check full list

Available in petrol, CNG, and electric versions, Tata's Tigor clocked sales of 46,174 units, 93% up year-on-year

Maruti Suzuki's Dzire best-selling compact sedan of FY23; check full list
Updated On : 15 May 2023 | 4:50 PM IST

Berger Paints India Q4 results: Net profit falls 15% to Rs 186 crore

The company's consolidated revenue from operation rose by 11.7 per cent to Rs 2,444 crore for the March quarter as compared to Rs 2,188 crore in the year-ago period

Berger Paints India Q4 results: Net profit falls 15% to Rs 186 crore
Updated On : 15 May 2023 | 4:44 PM IST

ICICI Prudential Life Insurance launches new debt fund for long-term

This fund is available for investments with the company's flagship unit-linked insurance plans

ICICI Prudential Life Insurance launches new debt fund for long-term
Updated On : 15 May 2023 | 4:44 PM IST