LS passes amendment to decriminalise offences in coastal aquaculture biz

The Lok Sabha on Monday passed an amendment bill to decriminalise the offences committed in carrying out the coastal aquaculture activities and ensure ease of doing business. Union Minister Parshottam K Rupala said that the fishermen community of the country will welcome the bill. He said that through this, “we can send… Continue reading LS passes amendment to decriminalise offences in coastal aquaculture biz

Reliance Retail crossed 1 bn transaction mark in FY23, to ramp up FMCG biz

Reliance Retail, which is a step-down subsidiary of Reliance Industries, has crossed the one billion transaction mark and is the only Indian retailer to feature in the top 100 retailers globally. In its Annual Report, the company said the next wave of value creation for the company was built around multiple hyper-growth engines… Continue reading Reliance Retail crossed 1 bn transaction mark in FY23, to ramp up FMCG biz

After retail, telecom, Ambani casts eye on fin services, new energy biz

After creating India’s largest retailers and telecom operator in the shortest span of time, billionaire Mukesh Ambani has now set his sight on propelling newly-carved financial services business unit into country’s largest non-banking lender while transitioning the conglomerate to net carbon zero by 2035. The recently demerged Jio Financial Services Ltd will leverage… Continue reading After retail, telecom, Ambani casts eye on fin services, new energy biz

Biz services provider Quess Corp profit falls 29% to Rs 48 crore in Q1

Leading business services provider Quess Corp has reported a 29.41 per cent decline in profit after tax at Rs 48 crore for the June quarter. The company’s profit after tax stood at Rs 68 crore in the corresponding quarter of the previous financial year, a company release said. It reported a revenue… Continue reading Biz services provider Quess Corp profit falls 29% to Rs 48 crore in Q1

Public sector coal companies to invest Rs 2.5 trn in new biz by 2030: Joshi

They will also increase their respective capacities as well, Joshi said speaking to the players of construction and equipment industry. Public sector coal companies have made an investment plan of Rs 2.5 lakh crore by 2030 towards “new business”, Union Minister Pralhad Joshi said on Tuesday. The investment will be utilised to increase… Continue reading Public sector coal companies to invest Rs 2.5 trn in new biz by 2030: Joshi

RJD MP gives suspension of biz notice in RS, seeks discussion on Manipur

Rashtriya Janata Dal (RJD) MP Amarendra Dhari Singh on Monday gave a suspension of business notice in Rajya Sabha to discuss the situation in Manipur. The RJD MP in his notice emphasised that House should discuss the ongoing situation in Manipur claiming that its impact is spreading to other states of the Northeast.… Continue reading RJD MP gives suspension of biz notice in RS, seeks discussion on Manipur