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IndiaFirst Life Insurance back in black; posts Rs 30 crore profit for FY21
IndiaFirst Life Insurance paid Rs 388 crore in overall claims during the year, up by nearly 35% from a year ago's Rs 253 crore, says MD & CEO R M Vishakha
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Andhra Pradesh govt to float global tender soon for procurement of Covid vaccines
The state has identified 2.04 crore people in the 18- 45 age group for whom the Covid-19 vaccine has to be administered
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COVID: AstraZeneca pledges $250,000 as humanitarian aid to India
The aid to India is part of the $1 million which the British-Swedish multinational has earmarked for relief initiatives across communities that have been hit hard by the coronavirus pandemic
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GST on vaccines: A curious stance on pricing freedom
While the Centre has adopted a hands-free approach to vaccine pricing it has been hands-on in industrial policy with import duty hikes, incentives for domestic manufacturing and policy skews that favour domestic e-retailers
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Taking action to access value of $1.2 billion arbitration award against India: Cairn
Cairn Energy said it is taking all necessary actions to access the $1.7 billion it was awarded by an international arbitration tribunal after overturning a retroactive tax demand slapped by the Indian government
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Solar PLI scheme to benefit 8-13% of incremental panels demand till FY30: Report
The allocation of Rs 4,500 crore towards solar modules manufacturing can benefit the sales of 20 GW from the capacity developed under the PLI scheme , says Ind-Ra
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India might see ‘serious livelihood crisis’, says economist Jean Dreze
The economic consequences of local lockdowns may not be as destructive as those of a national lockdown. But in some respects, things are worse this time for the working class, Jean Dreze opined
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Nomura cuts FY22 growth estimate to 10.8% due to lockdowns
Nomura said its cut in the GDP growth estimate is reflective of a larger lockdown-led loss of sequential momentum in the June quarter
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Deal numbers touch a decadal high in April despite 2nd COVID-19 wave
The total value of the transactions in April stood at over $13 billion, the report by Grant Thornton said, pointing out that domestic M&A transactions led the pack by reporting over 30 transactions aggregating to $5 billion
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Chhattisgarh, Gujarat, UP lead the way in attracting investments amid pandemic
According to the latest figures, Chattishgarh, which had proposed investments worth Rs 31,025 crore, witnessed implementation worth Rs 75,420 crore
