Hindustan Unilever and Dabur reduced permanent staff while others increased headcount. Median employee remuneration saw increases ranging from six to twelve percent. Hindustan Unilever’s permanent workforce declined by over seven hundred employees. Dabur India’s permanent workforce also saw a significant…
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Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to $74.20 a barrel. The latest rally comes after both benchmarks climbed 5.5% last week, with WTI once…
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Indian banks are now mandated to disclose their anti-money laundering measures concerning international business partners. Corporations with overseas investments will relay this information to the Reserve Bank of India.
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Finance Minister Nirmala Sitharaman will meet public sector bank chiefs on Monday. The meeting will review efforts to boost foreign currency deposit inflows. The Reserve Bank of India removed interest rate ceilings on certain deposits. This move aims to attract…
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IndiGo’s parent company received a DGCA warning letter for procedural deviations. This followed an audit after a cargo spillage incident occurred in January. The airline must now submit an action taken report to the aviation regulator.
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The Calcutta Stock Exchange plans a revival with new technology and government support. It will withdraw its voluntary exit application filed with Sebi last year. The exchange possesses sufficient capital for trading operations and has a net worth over ₹300…
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