BENGALURU: Infosys has strengthened its healthcare and insurance capabilities with a twin acquisition push, committing up to $560 million to expand its footprint in the US market.The company has signed a definitive agreement to acquire Optimum Healthcare IT for up to $465 million-one of its largest acquisitions in recent years-as it deepens its presence in…
NEW DELHI: In a bid to wean away consumers from LPG, govt has decided to stop after three months the supply of cylinders to households which have access to piped natural gas but have shied away from taking a connection. India imports about 60% of its LPG requirement, with nearly 90% of it coming through…
NEW DELHI: The empowered group of officials to deal with the fallout of the West Asia conflict got down to business on Wednesday, and began mapping the demand and supply situation, and also started identifying potential sources to ensure that supply chains are not disrupted.Food and fuel availability are top priority and detailed reports have…
NEW DELHI: The decision of some West Asian cities, including Dubai, to start returning to business as usual amid an unrelenting war is forcing a significant number of Indians to spend lakhs to get back. These people had somehow managed to come to India after Feb 28 or were here before that and now are…
NEW DELHI: The Lok Sabha on Wednesday passed the Finance Bill, with 32 amendments moved by finance minister Nirmala Sitharaman, including specifying that in case of buyback of shares, additional income tax on capital gains made by promoters will face a 12% surcharge.The Finance Bill had proposed to replace dividend tax applicable to buybacks and…
NEW DELHI: Supreme Court Wednesday said magnitude of financial burden could not be factored in to deny just and fair compensation for land acquisition even as it limited the applicability of a liberal compensation regime – a decision that could substantially reduce National Highways Authority of India’s Rs 29,000 crore liability for land acquired since…
NEW DELHI: With hopes of a resolution to the West Asia conflict rising, sensex rallied over 1,200 points in late session on Wednesday to close above the 75,000 mark again.As diplomatic initiatives to end the war between the US-Israel and Iran picked up pace, markets around the world rallied, crude oil prices slipped, and precious…
NEW DELHI: External affairs minister S Jaishankar on Wednesday said Israel had helped India in military conflicts and been a reliable source of defence technology, even as he maintained that ties with Iran remained friendly, pointing to the latter’s decision to allow passage of four Indian ships through the Strait of Hormuz.His assertion at the…
NEW DELHI: Govt on Wednesday named KVR Murty, a former Indian defence accounts service officer, as whole-time member of markets regulator Sebi, with a three-year tenure. Murty, who retired as additional controller general of defence accounts, has had a long stint in the ministry of corporate affairs. TNN Source link
NEW DELHI: Govt and oil companies on Wednesday said there was no shortage of petrol and diesel and advised people against panic buying.Sujata Sharma, joint secretary in the ministry of petroleum and natural gas, told a media conference that reports of long queues at fuel pumps were received over the past two days due to…