Indian businessman Piyush Jain was arrested on suspicion of tax evasion on the night of December 26 after government authorities searched his properties for more than 40 hours in what turned out to be possibly the largest cash seizure in recent history. According to sources, a total of Rs 2.8 billion (approximately $38 million) in…Continue Reading
Mumbai: Walmart-owned ecommerce platform Flipkart has created an Employee Stock Ownership Plan (Esop) pool of Rs 17,000 crore, propelling it to the top among Indian technology firms that have allocated stock options to staff. The homegrown e-tailer was followed by Oyo, Zomato, Paytm and Nykaa, according to data exclusively sourced by ET from executive search…Continue Reading
Indian foreign secretary Harsh Vardhan Shringla, who is on a two-day visit to Myanmar, held meetings with the military junta chief, Min Aung Hlaing, and members of Aung San Suu Kyi’s political party, the National League for Democracy (NLD), on Thursday and conveyed India’s interest in seeing “Myanmar’s return to democracy at the earliest.” Senior…Continue Reading
India’s benchmark S&P BSE Sensex has slumped 3.6% since the end of September, halting a rally that ran for six straight quarters and doubled the index’s value Topics Indian stock markets | BSE | Markets Photo: Bloomberg The winning streak for Indian stocks is losing momentum as sentiment sours on the prospect of tighter monetary policy and smaller stimulus…Continue Reading
Indian Prime Minister Narendra Modi on Thursday (December 23) said that to rejuvenate the mother earth and to secure the future of the coming generations, we must once again turn to natural farming. PM Modi was speaking during a political rally in one of the most popular cities in India’s northern state Uttar Pradesh -…Continue Reading
Pujara said the recent overseas success has made India a confident unit and that will reflect in the three-Test series, beginning Sunday Topics India vs South Africa | Cheteshwar Pujara | Test Cricket Middle-order batter Cheteshwar Pujara says the current India batting line-up is experienced enough to tackle lateral movement on pace-friendly tracks in South Africa and he has…Continue Reading
New Delhi (CNN Business)India’s stock market celebrated an extraordinary year as some of the country’s buzziest tech firms made their public debuts. And while one high-profile blunder cast a chill over the festivities, that’s probably not enough to stop the excitement in 2022. By December, more than $15 billion had been raised in Mumbai through…Continue Reading
India’s head of State Ram Nath Kovind visited the under-construction Indigenous aircraft carrier Vikrant, at Kochi, in southern India on Wednesday. Paying his maiden visit to the carrier, the Supreme Commander of India’s Armed Forces also witnessed a Naval operations demonstration at the Ernakulam channel, in the city. Accompanied by Governor of Kerala Arif Mohammad Khan…Continue Reading
Indian capital of New Delhi on Wednesday passed orders prohibitting Christmas or New Year gatherings in view of the Omicron Covid variant threat. The Delhi Disaster Management Authority (DDMA) directed district magistrate to ensure no such gatherings took place. It ordered the district magistrates (DMs) to identify potential COVID-19 superspreader areas ahead of Christmas and…Continue Reading
Indian Prime Minister Narendra Modi on Monday (December 20) held a telephonic conversation with Russian President Vladimir Putin and the two leaders discussed enhancing India-Russia cooperation. It was a follow-up of bilateral discussions between India and Russia after Putin’s visit on December 6, when PM Modi hosted him in the Indian capital Delhi for the 21st annual India-Russia Summit. …Continue Reading