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IndiaTV Business: Google News Feed: Digest for July 11, 2023

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Delhi Airport: The dual elevated Eastern Cross Taxiways and the fourth runway at the airport in the national capital will be operational from July 13, a senior official said on Friday. The Indira Gandhi International Airport (IGIA) in the national capital has three runways now.
India's Forex Reserve: The Reserve Bank of India on Friday claimed that the forex exchange reserves of the country have risen by USD 1.853 billion to USD 595.051 billion in the week ended on June 30. However, in the previous reporting week, the overall reserve dropped by USD 2.901 billion to USD 593.198 billion. 
Tomato prices: Fast-food chain McDonald's continues to serve tomato in its menu in the Punjab-Chandigarh region despite the sky-rocketing price of the vegetable, the company said on Friday.
The commercial real estate market is in the focus of investors in the post-Covid era. Besides contributing significantly to the country's economy, the sector is also creating thousands of employment opportunities.
Leading  Fast-Moving Consumer Goods (FMCG) major BCL Industries has approved the sub-division of equity shares. According to an exchange filing by the company, the board has recommended the sub-division of equity shares of the company.
Isha Ambani, daughter of Billionaire Mukesh Ambani, and former CAG Rajiv Mehrishi are among the directors appointed on the board of demerged financial services unit of Reliance Industries Ltd. The company earlier had announced plans to demerge its financial services undertaking into Reliance Strategic Investments Limited (RSIL) and rename and list it as Jio Financial Services Limited (JFSL).
The Central government has included the Goods and Services Tax Network (GSTN) under the purview of the Prevention of Money Laundering Act (PMLA) with an aim to plug tax evasion through fake billing. With this decision of the government, the Enforcement Directorate (ED) will be given more power to act against tax evasion within GSTN.
The steep discounts on Russian crude oil that India gorged on since the Ukraine war, have plunged but the shipping rates charged by Russia-arranged entities continue to remain 'opaque' and higher than normal, sources said. Russia bills Indian refiners at a price shade less than the USD 60 per barrel price cap imposed by the West but charges anything between USD 11 to USD 19 per barrel, twice the normal rate, for delivery from the Baltic and Black Sea to the west coast, three sources with knowledge of the matter said.
State-owned Bank of India is exploring the possibility of share sale to investors over the next one year to meet the minimum public holding requirement of 25 per cent. Currently, Government of India holds 81.41 per cent stake in the Mumbai-based bank. "We are exploring options to meet Sebi's minimum public holding requirement. However, the decision to sell shares would depend on market conditions," Bank of India Managing Director Rajneesh Karnatak told PTI.
Commerce and Industry Minister Piyush Goyal is scheduled to visit the UK on July 10-11 to review progress on  Free Trade Agreement (FTA) with the European Free Trade Association (EFTA), an official statement said on Sunday. "The Minister's visit will not only be focused on the ongoing Free Trade Agreement (FTA) negotiations between India and the UK but he will also be meeting with ministers from the European Free Trade Association (EFTA) member countries to discuss the progress of the Trade and Economic Partnership Agreement (TEPA) with EFTA," the commerce ministry said.
Delhi Airport: The dual elevated Eastern Cross Taxiways and the fourth runway at the airport in the national capital will be operational from July 13, a senior official said on Friday. The Indira Gandhi International Airport (IGIA) in the national capital has three runways now.
India's Forex Reserve: The Reserve Bank of India on Friday claimed that the forex exchange reserves of the country have risen by USD 1.853 billion to USD 595.051 billion in the week ended on June 30. However, in the previous reporting week, the overall reserve dropped by USD 2.901 billion to USD 593.198 billion. 
Tomato prices: Fast-food chain McDonald's continues to serve tomato in its menu in the Punjab-Chandigarh region despite the sky-rocketing price of the vegetable, the company said on Friday.
The commercial real estate market is in the focus of investors in the post-Covid era. Besides contributing significantly to the country's economy, the sector is also creating thousands of employment opportunities.
Leading  Fast-Moving Consumer Goods (FMCG) major BCL Industries has approved the sub-division of equity shares. According to an exchange filing by the company, the board has recommended the sub-division of equity shares of the company.
Isha Ambani, daughter of Billionaire Mukesh Ambani, and former CAG Rajiv Mehrishi are among the directors appointed on the board of demerged financial services unit of Reliance Industries Ltd. The company earlier had announced plans to demerge its financial services undertaking into Reliance Strategic Investments Limited (RSIL) and rename and list it as Jio Financial Services Limited (JFSL).
The Central government has included the Goods and Services Tax Network (GSTN) under the purview of the Prevention of Money Laundering Act (PMLA) with an aim to plug tax evasion through fake billing. With this decision of the government, the Enforcement Directorate (ED) will be given more power to act against tax evasion within GSTN.
The steep discounts on Russian crude oil that India gorged on since the Ukraine war, have plunged but the shipping rates charged by Russia-arranged entities continue to remain 'opaque' and higher than normal, sources said. Russia bills Indian refiners at a price shade less than the USD 60 per barrel price cap imposed by the West but charges anything between USD 11 to USD 19 per barrel, twice the normal rate, for delivery from the Baltic and Black Sea to the west coast, three sources with knowledge of the matter said.
State-owned Bank of India is exploring the possibility of share sale to investors over the next one year to meet the minimum public holding requirement of 25 per cent. Currently, Government of India holds 81.41 per cent stake in the Mumbai-based bank. "We are exploring options to meet Sebi's minimum public holding requirement. However, the decision to sell shares would depend on market conditions," Bank of India Managing Director Rajneesh Karnatak told PTI.
Commerce and Industry Minister Piyush Goyal is scheduled to visit the UK on July 10-11 to review progress on  Free Trade Agreement (FTA) with the European Free Trade Association (EFTA), an official statement said on Sunday. "The Minister's visit will not only be focused on the ongoing Free Trade Agreement (FTA) negotiations between India and the UK but he will also be meeting with ministers from the European Free Trade Association (EFTA) member countries to discuss the progress of the Trade and Economic Partnership Agreement (TEPA) with EFTA," the commerce ministry said.
India's Forex Reserve: The Reserve Bank of India on Friday claimed that the forex exchange reserves of the country have risen by USD 1.853 billion to USD 595.051 billion in the week ended on June 30. However, in the previous reporting week, the overall reserve dropped by USD 2.901 billion to USD 593.198 billion. 
Tomato prices: Fast-food chain McDonald's continues to serve tomato in its menu in the Punjab-Chandigarh region despite the sky-rocketing price of the vegetable, the company said on Friday.
The commercial real estate market is in the focus of investors in the post-Covid era. Besides contributing significantly to the country's economy, the sector is also creating thousands of employment opportunities.
Leading  Fast-Moving Consumer Goods (FMCG) major BCL Industries has approved the sub-division of equity shares. According to an exchange filing by the company, the board has recommended the sub-division of equity shares of the company.
Isha Ambani, daughter of Billionaire Mukesh Ambani, and former CAG Rajiv Mehrishi are among the directors appointed on the board of demerged financial services unit of Reliance Industries Ltd. The company earlier had announced plans to demerge its financial services undertaking into Reliance Strategic Investments Limited (RSIL) and rename and list it as Jio Financial Services Limited (JFSL).
The Central government has included the Goods and Services Tax Network (GSTN) under the purview of the Prevention of Money Laundering Act (PMLA) with an aim to plug tax evasion through fake billing. With this decision of the government, the Enforcement Directorate (ED) will be given more power to act against tax evasion within GSTN.
The steep discounts on Russian crude oil that India gorged on since the Ukraine war, have plunged but the shipping rates charged by Russia-arranged entities continue to remain 'opaque' and higher than normal, sources said. Russia bills Indian refiners at a price shade less than the USD 60 per barrel price cap imposed by the West but charges anything between USD 11 to USD 19 per barrel, twice the normal rate, for delivery from the Baltic and Black Sea to the west coast, three sources with knowledge of the matter said.
State-owned Bank of India is exploring the possibility of share sale to investors over the next one year to meet the minimum public holding requirement of 25 per cent. Currently, Government of India holds 81.41 per cent stake in the Mumbai-based bank. "We are exploring options to meet Sebi's minimum public holding requirement. However, the decision to sell shares would depend on market conditions," Bank of India Managing Director Rajneesh Karnatak told PTI.
Commerce and Industry Minister Piyush Goyal is scheduled to visit the UK on July 10-11 to review progress on  Free Trade Agreement (FTA) with the European Free Trade Association (EFTA), an official statement said on Sunday. "The Minister's visit will not only be focused on the ongoing Free Trade Agreement (FTA) negotiations between India and the UK but he will also be meeting with ministers from the European Free Trade Association (EFTA) member countries to discuss the progress of the Trade and Economic Partnership Agreement (TEPA) with EFTA," the commerce ministry said.
Amid unabated foreign fund inflows and buying in the index, major Reliance Industries and HDFC twins, India's equity benchmark indices rebounded in early trade on Monday. The the 30-share BSE Sensex climbed 252.87 points to 65,533.32 in early trade. The NSE Nifty advanced 76.1 points to 19,407.90.
Leading  Fast-Moving Consumer Goods (FMCG) major BCL Industries has approved the sub-division of equity shares. According to an exchange filing by the company, the board has recommended the sub-division of equity shares of the company.
Isha Ambani, daughter of Billionaire Mukesh Ambani, and former CAG Rajiv Mehrishi are among the directors appointed on the board of demerged financial services unit of Reliance Industries Ltd. The company earlier had announced plans to demerge its financial services undertaking into Reliance Strategic Investments Limited (RSIL) and rename and list it as Jio Financial Services Limited (JFSL).
The Central government has included the Goods and Services Tax Network (GSTN) under the purview of the Prevention of Money Laundering Act (PMLA) with an aim to plug tax evasion through fake billing. With this decision of the government, the Enforcement Directorate (ED) will be given more power to act against tax evasion within GSTN.
The steep discounts on Russian crude oil that India gorged on since the Ukraine war, have plunged but the shipping rates charged by Russia-arranged entities continue to remain 'opaque' and higher than normal, sources said. Russia bills Indian refiners at a price shade less than the USD 60 per barrel price cap imposed by the West but charges anything between USD 11 to USD 19 per barrel, twice the normal rate, for delivery from the Baltic and Black Sea to the west coast, three sources with knowledge of the matter said.
State-owned Bank of India is exploring the possibility of share sale to investors over the next one year to meet the minimum public holding requirement of 25 per cent. Currently, Government of India holds 81.41 per cent stake in the Mumbai-based bank. "We are exploring options to meet Sebi's minimum public holding requirement. However, the decision to sell shares would depend on market conditions," Bank of India Managing Director Rajneesh Karnatak told PTI.
Commerce and Industry Minister Piyush Goyal is scheduled to visit the UK on July 10-11 to review progress on  Free Trade Agreement (FTA) with the European Free Trade Association (EFTA), an official statement said on Sunday. "The Minister's visit will not only be focused on the ongoing Free Trade Agreement (FTA) negotiations between India and the UK but he will also be meeting with ministers from the European Free Trade Association (EFTA) member countries to discuss the progress of the Trade and Economic Partnership Agreement (TEPA) with EFTA," the commerce ministry said.
Amid unabated foreign fund inflows and buying in the index, major Reliance Industries and HDFC twins, India's equity benchmark indices rebounded in early trade on Monday. The the 30-share BSE Sensex climbed 252.87 points to 65,533.32 in early trade. The NSE Nifty advanced 76.1 points to 19,407.90.
Stock markets: Asian shares got the week off to a slow start, with mixed trading Monday as China reported wholesale prices fell in June, amid other signs the economy is slowing. Benchmarks rose in Hong Kong, Shanghai and Mumbai but fell in Tokyo and Sydney. US futures and oil prices declined.

No SFIO probe on edtech giant BYJU's, say sources

Monday 10 July 2023 09:18 AM UTC+00
There is no ongoing Serious Frauds Investigation Office (SFIO) investigation against edtech unicorn BYJU'S, according to sources in the Ministry of Corporate Affairs (MCA).
The government has asked the Indian Banks' Association (IBA) to initiate the process of negotiations for the 12th Bi-partite settlement in a time-bound manner and to finalise it by December 1, 2023, said a senior official. The wage revision for employees and officers of the public sector banks is due from November 1, 2022. The early wage revision would help improve working conditions and incentivise the banking sector employees, the official said.
Isha Ambani, daughter of Billionaire Mukesh Ambani, and former CAG Rajiv Mehrishi are among the directors appointed on the board of demerged financial services unit of Reliance Industries Ltd. The company earlier had announced plans to demerge its financial services undertaking into Reliance Strategic Investments Limited (RSIL) and rename and list it as Jio Financial Services Limited (JFSL).
The Central government has included the Goods and Services Tax Network (GSTN) under the purview of the Prevention of Money Laundering Act (PMLA) with an aim to plug tax evasion through fake billing. With this decision of the government, the Enforcement Directorate (ED) will be given more power to act against tax evasion within GSTN.
The steep discounts on Russian crude oil that India gorged on since the Ukraine war, have plunged but the shipping rates charged by Russia-arranged entities continue to remain 'opaque' and higher than normal, sources said. Russia bills Indian refiners at a price shade less than the USD 60 per barrel price cap imposed by the West but charges anything between USD 11 to USD 19 per barrel, twice the normal rate, for delivery from the Baltic and Black Sea to the west coast, three sources with knowledge of the matter said.
State-owned Bank of India is exploring the possibility of share sale to investors over the next one year to meet the minimum public holding requirement of 25 per cent. Currently, Government of India holds 81.41 per cent stake in the Mumbai-based bank. "We are exploring options to meet Sebi's minimum public holding requirement. However, the decision to sell shares would depend on market conditions," Bank of India Managing Director Rajneesh Karnatak told PTI.
Commerce and Industry Minister Piyush Goyal is scheduled to visit the UK on July 10-11 to review progress on  Free Trade Agreement (FTA) with the European Free Trade Association (EFTA), an official statement said on Sunday. "The Minister's visit will not only be focused on the ongoing Free Trade Agreement (FTA) negotiations between India and the UK but he will also be meeting with ministers from the European Free Trade Association (EFTA) member countries to discuss the progress of the Trade and Economic Partnership Agreement (TEPA) with EFTA," the commerce ministry said.
Amid unabated foreign fund inflows and buying in the index, major Reliance Industries and HDFC twins, India's equity benchmark indices rebounded in early trade on Monday. The 30-share BSE Sensex climbed 252.87 points to 65,533.32 in early trade. The NSE Nifty advanced 76.1 points to 19,407.90. During the closing bell, sensex rose by 63.72 points to settle at 65,344.17. Whereas, Nifty advanced 24.10 points to 19,355.90.
Stock markets: Asian shares got the week off to a slow start, with mixed trading Monday as China reported wholesale prices fell in June, amid other signs the economy is slowing. Benchmarks rose in Hong Kong, Shanghai and Mumbai but fell in Tokyo and Sydney. US futures and oil prices declined.

No SFIO probe on edtech giant BYJU's, say sources

Monday 10 July 2023 09:18 AM UTC+00
There is no ongoing Serious Frauds Investigation Office (SFIO) investigation against edtech unicorn BYJU'S, according to sources in the Ministry of Corporate Affairs (MCA).
The government has asked the Indian Banks' Association (IBA) to initiate the process of negotiations for the 12th Bi-partite settlement in a time-bound manner and to finalise it by December 1, 2023, said a senior official. The wage revision for employees and officers of the public sector banks is due from November 1, 2022. The early wage revision would help improve working conditions and incentivise the banking sector employees, the official said.
Foxconn, the technology giant and contract electronics manufacturing firm has withdrawn from semiconductor joint-venture project with Vedanta, PTI has reported.
Isha Ambani, daughter of Billionaire Mukesh Ambani, and former CAG Rajiv Mehrishi are among the directors appointed on the board of demerged financial services unit of Reliance Industries Ltd. The company earlier had announced plans to demerge its financial services undertaking into Reliance Strategic Investments Limited (RSIL) and rename and list it as Jio Financial Services Limited (JFSL).
The Central government has included the Goods and Services Tax Network (GSTN) under the purview of the Prevention of Money Laundering Act (PMLA) with an aim to plug tax evasion through fake billing. With this decision of the government, the Enforcement Directorate (ED) will be given more power to act against tax evasion within GSTN.
The steep discounts on Russian crude oil that India gorged on since the Ukraine war, have plunged but the shipping rates charged by Russia-arranged entities continue to remain 'opaque' and higher than normal, sources said. Russia bills Indian refiners at a price shade less than the USD 60 per barrel price cap imposed by the West but charges anything between USD 11 to USD 19 per barrel, twice the normal rate, for delivery from the Baltic and Black Sea to the west coast, three sources with knowledge of the matter said.
State-owned Bank of India is exploring the possibility of share sale to investors over the next one year to meet the minimum public holding requirement of 25 per cent. Currently, Government of India holds 81.41 per cent stake in the Mumbai-based bank. "We are exploring options to meet Sebi's minimum public holding requirement. However, the decision to sell shares would depend on market conditions," Bank of India Managing Director Rajneesh Karnatak told PTI.
Commerce and Industry Minister Piyush Goyal is scheduled to visit the UK on July 10-11 to review progress on  Free Trade Agreement (FTA) with the European Free Trade Association (EFTA), an official statement said on Sunday. "The Minister's visit will not only be focused on the ongoing Free Trade Agreement (FTA) negotiations between India and the UK but he will also be meeting with ministers from the European Free Trade Association (EFTA) member countries to discuss the progress of the Trade and Economic Partnership Agreement (TEPA) with EFTA," the commerce ministry said.
Amid unabated foreign fund inflows and buying in the index, major Reliance Industries and HDFC twins, India's equity benchmark indices rebounded in early trade on Monday. The 30-share BSE Sensex climbed 252.87 points to 65,533.32 in early trade. The NSE Nifty advanced 76.1 points to 19,407.90. During the closing bell, sensex rose by 63.72 points to settle at 65,344.17. Whereas, Nifty advanced 24.10 points to 19,355.90.
Stock markets: Asian shares got the week off to a slow start, with mixed trading Monday as China reported wholesale prices fell in June, amid other signs the economy is slowing. Benchmarks rose in Hong Kong, Shanghai and Mumbai but fell in Tokyo and Sydney. US futures and oil prices declined.

No SFIO probe on edtech giant BYJU's, say sources

Monday 10 July 2023 09:18 AM UTC+00
There is no ongoing Serious Frauds Investigation Office (SFIO) investigation against edtech unicorn BYJU'S, according to sources in the Ministry of Corporate Affairs (MCA).
The government has asked the Indian Banks' Association (IBA) to initiate the process of negotiations for the 12th Bi-partite settlement in a time-bound manner and to finalise it by December 1, 2023, said a senior official. The wage revision for employees and officers of the public sector banks is due from November 1, 2022. The early wage revision would help improve working conditions and incentivise the banking sector employees, the official said.
Foxconn, the technology giant and contract electronics manufacturing firm has withdrawn from semiconductor joint-venture project with Vedanta, PTI has reported.
The Central government has included the Goods and Services Tax Network (GSTN) under the purview of the Prevention of Money Laundering Act (PMLA) with an aim to plug tax evasion through fake billing. With this decision of the government, the Enforcement Directorate (ED) will be given more power to act against tax evasion within GSTN.
The steep discounts on Russian crude oil that India gorged on since the Ukraine war, have plunged but the shipping rates charged by Russia-arranged entities continue to remain 'opaque' and higher than normal, sources said. Russia bills Indian refiners at a price shade less than the USD 60 per barrel price cap imposed by the West but charges anything between USD 11 to USD 19 per barrel, twice the normal rate, for delivery from the Baltic and Black Sea to the west coast, three sources with knowledge of the matter said.
State-owned Bank of India is exploring the possibility of share sale to investors over the next one year to meet the minimum public holding requirement of 25 per cent. Currently, Government of India holds 81.41 per cent stake in the Mumbai-based bank. "We are exploring options to meet Sebi's minimum public holding requirement. However, the decision to sell shares would depend on market conditions," Bank of India Managing Director Rajneesh Karnatak told PTI.
Commerce and Industry Minister Piyush Goyal is scheduled to visit the UK on July 10-11 to review progress on  Free Trade Agreement (FTA) with the European Free Trade Association (EFTA), an official statement said on Sunday. "The Minister's visit will not only be focused on the ongoing Free Trade Agreement (FTA) negotiations between India and the UK but he will also be meeting with ministers from the European Free Trade Association (EFTA) member countries to discuss the progress of the Trade and Economic Partnership Agreement (TEPA) with EFTA," the commerce ministry said.
Amid unabated foreign fund inflows and buying in the index, major Reliance Industries and HDFC twins, India's equity benchmark indices rebounded in early trade on Monday. The 30-share BSE Sensex climbed 252.87 points to 65,533.32 in early trade. The NSE Nifty advanced 76.1 points to 19,407.90. During the closing bell, sensex rose by 63.72 points to settle at 65,344.17. Whereas, Nifty advanced 24.10 points to 19,355.90.
Stock markets: Asian shares got the week off to a slow start, with mixed trading Monday as China reported wholesale prices fell in June, amid other signs the economy is slowing. Benchmarks rose in Hong Kong, Shanghai and Mumbai but fell in Tokyo and Sydney. US futures and oil prices declined.

No SFIO probe on edtech giant BYJU's, say sources

Monday 10 July 2023 09:18 AM UTC+00
There is no ongoing Serious Frauds Investigation Office (SFIO) investigation against edtech unicorn BYJU'S, according to sources in the Ministry of Corporate Affairs (MCA).
The government has asked the Indian Banks' Association (IBA) to initiate the process of negotiations for the 12th Bi-partite settlement in a time-bound manner and to finalise it by December 1, 2023, said a senior official. The wage revision for employees and officers of the public sector banks is due from November 1, 2022. The early wage revision would help improve working conditions and incentivise the banking sector employees, the official said.
Foxconn, the Taiwanese electronics manufacturing giant has withdrawn from semiconductor joint-venture project with Vedanta, the company said in a statement.
Credit-debit card portability: Credit, debit and prepaid card customers in India will have more flexibility in terms of choosing their service operators as they will be able to port their networks from October 1.
The Central government has included the Goods and Services Tax Network (GSTN) under the purview of the Prevention of Money Laundering Act (PMLA) with an aim to plug tax evasion through fake billing. With this decision of the government, the Enforcement Directorate (ED) will be given more power to act against tax evasion within GSTN.
The steep discounts on Russian crude oil that India gorged on since the Ukraine war, have plunged but the shipping rates charged by Russia-arranged entities continue to remain 'opaque' and higher than normal, sources said. Russia bills Indian refiners at a price shade less than the USD 60 per barrel price cap imposed by the West but charges anything between USD 11 to USD 19 per barrel, twice the normal rate, for delivery from the Baltic and Black Sea to the west coast, three sources with knowledge of the matter said.
State-owned Bank of India is exploring the possibility of share sale to investors over the next one year to meet the minimum public holding requirement of 25 per cent. Currently, Government of India holds 81.41 per cent stake in the Mumbai-based bank. "We are exploring options to meet Sebi's minimum public holding requirement. However, the decision to sell shares would depend on market conditions," Bank of India Managing Director Rajneesh Karnatak told PTI.
Commerce and Industry Minister Piyush Goyal is scheduled to visit the UK on July 10-11 to review progress on  Free Trade Agreement (FTA) with the European Free Trade Association (EFTA), an official statement said on Sunday. "The Minister's visit will not only be focused on the ongoing Free Trade Agreement (FTA) negotiations between India and the UK but he will also be meeting with ministers from the European Free Trade Association (EFTA) member countries to discuss the progress of the Trade and Economic Partnership Agreement (TEPA) with EFTA," the commerce ministry said.
Amid unabated foreign fund inflows and buying in the index, major Reliance Industries and HDFC twins, India's equity benchmark indices rebounded in early trade on Monday. The 30-share BSE Sensex climbed 252.87 points to 65,533.32 in early trade. The NSE Nifty advanced 76.1 points to 19,407.90. During the closing bell, sensex rose by 63.72 points to settle at 65,344.17. Whereas, Nifty advanced 24.10 points to 19,355.90.
Stock markets: Asian shares got the week off to a slow start, with mixed trading Monday as China reported wholesale prices fell in June, amid other signs the economy is slowing. Benchmarks rose in Hong Kong, Shanghai and Mumbai but fell in Tokyo and Sydney. US futures and oil prices declined.

No SFIO probe on edtech giant BYJU's, say sources

Monday 10 July 2023 09:18 AM UTC+00
There is no ongoing Serious Frauds Investigation Office (SFIO) investigation against edtech unicorn BYJU'S, according to sources in the Ministry of Corporate Affairs (MCA).
The government has asked the Indian Banks' Association (IBA) to initiate the process of negotiations for the 12th Bi-partite settlement in a time-bound manner and to finalise it by December 1, 2023, said a senior official. The wage revision for employees and officers of the public sector banks is due from November 1, 2022. The early wage revision would help improve working conditions and incentivise the banking sector employees, the official said.
Foxconn, the Taiwanese electronics manufacturing giant has withdrawn from semiconductor joint-venture project with Vedanta, the company said in a statement.
Credit-debit card portability: Credit, debit and prepaid card customers in India will have more flexibility in terms of choosing their service operators as they will be able to port their networks from October 1.
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