Month: December 2021

Rise in prices of tomatoes was induced by a drastic fall in supply and when demand surged, traders and retailers increased their mark-ups The Hindu – Economy

Ram Charan Company, the Chennai-based chemicals-trader-turned-renewable energy specialist with focus on sustainable R&D, has bagged a $2.2 billion order from the Ghana-based Masri Company NDTV Profit – Latest

The Competition Commission of India suspended its approval for Amazon’s deal with Future Coupons and also imposed a penalty totalling Rs 202 crore on the e-commerce giant NDTV Profit – … Read More

Amazon had “suppressed the actual scope” of the deal and had made “false and incorrect statements” while seeking approvals, the CCI order added. NDTV Profit – Latest

RBI issued guidelines in March 2020 saying that merchants will not be allowed to save card information on their websites to boost data security. NDTV Profit – Latest

The RBI has ordered all companies in India to purge saved credit and debit card data from their systems from January 1, 2022. NDTV Profit – Latest

Mid- and small-cap shares faced intense selling pressure as Nifty Midcap 100 and Nifty Smallcap 100 indices dropped over 2 per cent each. NDTV Profit – Latest

The company estimates that the prepayment to Department of Telecom (DoT) will likely result in interest cost savings of at least Rs 3,400 crore. NDTV Profit – Latest

The government is considering changes that would make it easier to lower its stake in state-run banks, a key step in Prime Minister Narendra Modi’s plan to unclog credit flow … Read More

Union Finance Minister Nirmala Sitharaman will chair pre-budget consultations with stakeholders from various sectors in connection with the forthcoming general budget 2022-23 on Friday. The meeting… NDTV Profit – Latest