Apple on Monday announced to award $45 million from its Advanced Manufacturing Fund to smartphone glass manufacturer Corning Incorporated to expand manufacturing capacity in the US and drive research and development into new technologies....
In a big relief to individuals operating as partners in partnership firms, the Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that any remuneration received by them, as per the obligation of the partnership deed, would be treated as share of profit and not as service under service tax l...
Eli Lilly announced that it has issued royalty-free, non-exclusive voluntary licenses to Indian pharmaceutical manufacturers of generic medicines, Cipla Ltd., Lupin Ltd. and Sun Pharmaceutical Industries Ltd., who are collaborating with Lilly to accelerate and expand the availability of baricitinib in India. ...
Ola Foundation, the philanthropic arm of cab aggregator Ola, on Monday announced its partnership with GiveIndia to provide consumers with oxygen concentrators for free through the Ola app....
The Finance ministry has released an amount of Rs 8,923.8 crore to 25 States as grants to the Rural Local Bodies (RLBs)....
IDFC First Bank on Sunday reported a 78.6 per cent increase in its net profit for the quarter ended March at Rs 127.81 crore....
S&P Global Ratings estimates $210 million in lost output daily in India due to second Covid wave over April-June in a severe scenario model....
The Reserve Bank of India (RBI) has extended the restrictions on Karnataka-based Millath Co-operative Bank by three months, till August 8, 2021. ...
Despite tall claims made by Elon Musk over Twitter about the full self-driving technology, electric car-maker Tesla has privately admitted that such claims do not match up with the engineering reality....
With the government imposing a green tax on old polluting vehicles, Indian Auto LPG Coalition (IAC) is advocating the need for this deterrent to be accompanied by incentives to people shifting to cleaner alternative fuels such as auto LPG....
