MHA asks states, UTs to utilise Central fund to help poor prisoners obtain bail
NEW DELHI: The Ministry of Home Affairs has asked all the states and union territories to provide financial assistance from a Central fund to poor prisoners who are unable to secure bail or release from prison due to non-payment of fine owing to financial constraints. In a communication, the Ministry of Home Affairs (MHA) has […]
Pakistan to chair Taliban Sanctions Committee of UNSC
UNITED NATIONS: Pakistan will chair the Taliban Sanctions Committee of the UN Security Council for 2025 and will be vice-chair of the Counter-Terrorism Committee of the 15-nation UN body. According to a list of chairs of the subsidiary bodies of the UN Security Council, Denmark will chair the 1267 ISIL and Al-Qaida Sanctions Committee of […]
Wise gets RBI nod to operate as cross-border payment aggregator
MUMBAI,: Global technology company Wise on Tuesday said it has received in-principle approval from the Reserve Bank of India to operate as a cross-border payment aggregator. The company said the development reinforces its growing presence in India, where it currently facilitates around 10 per cent of all inbound international remittances. “Today’s announcement marks another step […]
Tata Motors expands electric vehicle line up; drives in Harrier ev
NEW DELHI,: Tata Motors on Tuesday expanded its electric vehicle range in the country with the launch of Harrier.ev, a battery electric SUV, featuring a driving range of around 500 km. The company expects the new electric SUV to attract customers from the mainstream premium SUV segment, which currently witnesses sales of around 25,000 units […]
Microsoft fires another 300 people after recent major layoff – Reports
WASHINGTON: US tech corporation Microsoft has cut its staff by more than 300 people after a major layoff in May, Bloomberg reported, citing a notice from the corporation to the US state of Washington that it has obtained. In May, CNBC reported that Microsoft would reduce its staff worldwide by 3% – the largest layoff […]
India’s job market sees high mobility, many seeking new roles: Report
NEW DELHI, Jun 3: India’s job market is witnessing high mobility with a significant percentage of professionals actively seeking new roles, many are now negotiating for better pay within their current organisations, says a survey. The latest Talent Trends India 2025 report by Michael Page reveals that 62 per cent of professionals have negotiated a […]
India’s imports of Russian oil hit 10-month high in May
NEW DELHI,: India’s imports of Russian crude oil surged to a 10-month high of 1.96 million barrels per day in May, driven by continued availability at significant discounts compared to global benchmark prices, according to ship-tracking data from Kpler. India, the world’s third largest oil importing and consuming nation, bought from abroad around 5.1 […]
Murae Organisor board to consider bonus issue, dividend payout next week
NEW DELHI,: Pharmaceuticals company Murae Organisor on Tuesday said its board will meet on June 13 to consider a bonus issue of equity shares and dividend payment for 2024-25. The Ahmedabad-based firm in an exchange filing stated that the board will also consider strategic business expansion proposals, including capital deployment for proposed and ongoing projects […]
Indoco Remedies subsidiary launches generic drug in UK
NEW DELHI: Indoco Remedies on Tuesday said its subsidiary has launched a generic medication to reduce the chances of heart attack in the UK. Indoco Remedies UK Ltd has launched Ticagrelor film-coated tablets 90mg in the UK, the Mumbai-based drug maker said in a regulatory filing. This significant addition to the company’s portfolio will be […]
Emkay Investment Managers launches SMID Cap Fund; targets AUM of Rs 500-1,000 cr in FY26
NEW DELHI: Emkay Investment Managers Ltd (EIML) on Tuesday announced the launch of the ‘Emkay SMID Cap Growth Engine Fund’, targeting Rs 500-1,000 crore assets under management (AUM) in 2025-26. The fund seeks to achieve long-term capital appreciation by investing primarily in small and mid-cap securities, EIML, the asset management arm of Emkay Global […]
