E-Commerce

L&T and Microsoft team up for cloud computing

L&T and Microsoft partner to offer cloud computing services New Delhi: Larsen & Toubro (L&T) and Microsoft India on Monday announced the signing of an agreement to develop an industry-focused regulated cloud offering that will provide customers with the best cloud computing and infrastructure services. According to a release, in line with emerging regulations, L&T …

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Gold Price Today: Gold and Silver Rates Rise on Global Indices

Domestic spot gold of 24 karat purity opened at Rs 48,275 for 10 grams Gold Price in India: Gold and silver futures traded higher on Monday, February 7, taking inspiration from international spot rates. On the Multi Commodity Exchange (MCX), gold futures, which were due for delivery on February 4, were last seen up 0.18% …

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SEBI publishes new disclosure format for short form prospectus

SEBI has published standards for corporate disclosures on offering documents New Delhi: In an effort to bring more clarity and transparency, the market regulator Securities and Exchange Board of India (SEBI) has released a new format for the disclosures to be provided under a short form prospectus, where critical information will be mentioned on the …

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Union Bank Of India’s December quarter profit climbs 49% to Rs 1,085 Crore

Union Bank of India’s third-quarter net profit jumped 49% New Delhi: State-owned lender Union Bank of India posted a 49% increase in net profit to Rs 1,085 crore for the third quarter of the current financial year. The bank had made a net profit of Rs 727 crore in the corresponding quarter of the previous …

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Frontier and Spirit will merge to create the 5th largest airline in the United States

Frontier Airlines and Spirit Airlines, the two largest low-cost airlines in the United States, agreed to merge, creating what would become the nation’s fifth-largest airline. The boards of both companies approved the deal over the weekend, before the CEOs of both airlines announced the deal in New York. The deal, valued at $6.6 billion, is …

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How will the new cryptocurrency tax be calculated? A deep dive

Many see the government announcement as recognition of the crypto industry as an emerging asset class After a long wait and mixed signals over the past two years, there has been some clarity on the taxation of cryptocurrency income. Presenting the Union Budget on February 1, Finance Minister Nirmala Sitharaman announced that income from the …

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The world’s biggest companies accused of exaggerating their climate actions

Extinction Rebellion and other climate change activist groups organized a green march during COP26 to call on world leaders to act appropriately on the issue of fighting climate change and end their destructive habits current. The rally took place on November 3, 2021 outside the Glasgow Royal Concert Hall, in Glasgow, UK. Andrew Aitchison | …

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