By Administrator_India Capital Sands Last week’s decision by the Competition Commission of India (CCI) to hold in abeyance its approval of Amazon’s 2019 deal with Future Group and slap it with fines of over ₹200 crore appears to have deprived the American company of a locus standi in its legal battle to stop Future from selling […]
By Administrator_India Capital Sands New Delhi: Retail sales grew 9% in November compared to pre-covid (November 2019), but dropped sequentially, according to a pan-India Retail Business Survey by the Retailers Association of India (RAI). Recovery was led by the consumer durables and electronics segment followed by sports goods and footwear, according to findings of the […]
By Administrator_India Capital Sands Delhi government will deregister all diesel vehicles which will complete 10 years on January 1, 2022, and issue no objection certificate so that they can be re-registered in other places In compliance with the National Green Tribunal’s directions, the Delhi government will deregister all diesel vehicles which will complete 10 years on January […]
By Administrator_ India Capital Sands The IPO of FSN Ecommerce Ventures, operator of online beauty startup Nykaa, was subscribed 1.6 times on Thursday, the first day of the issue. The 26.5-million share offering has got bids for 41 million shares with the institutional investor category getting 1.4 times subscribed and the retail quota getting 3.5 […]
By Administrator_ India Capital Sands An expert panel on Tuesday voted overwhelmingly to recommend the U.S. Food and Drug Administration authorized the Pfizer Inc and BioNTech SE COVID-19 vaccine for children ages 5 to 11, saying the benefits of inoculation outweigh the risks. Authorization for that age group would be an important regulatory step toward […]
By Administrator_ India Capital Sands Oil prices jumped Monday after OPEC and allied oil producing countries stayed with their gradual approach to restoring output slashed during the pandemic, agreeing to add only 400,000 barrels per day in November. The decision Monday by the Vienna-based oil cartel tracks with its established schedule of adding back that amount of […]
By Administrator_ India Capital Sands Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, has reported a 46.6 per cent increase in its standalone revenue from operations at Rs 7,649.64 crore for the second quarter ended September 2021. The company had a revenue from operations of Rs 5,218.15 crore in the July-September quarter a year […]
By Administrator_ India Capital Sands Prime Minister Narendra Modi on Monday launched the digital Ayushman Bharat Mission and said the initiative would bring about a revolutionary change in India’s health facilities, improve ease of living, and digitally protect the health records of people. He said in a virtual address that the mission would create a seamless online platform that […]
By Administrator_ India Capital Sands Essar Oil UK on Saturday night rushed out a statement to inform the market it was in negotiations with the British government to extend a settlement of its VAT arrears and expected an early resolution. This seemed to be intended to calm speculation that it may be on the brink of […]
By Administrator_ India Capital Sands India’s benchmark indices notched new highs on Thursday after investor sentiment got a boost from the US Federal Reserve’s dovish commentary. The Sensex ended the session at 59,885 with a gain of 958 points, or 1.6 percent. In intra-day trade, the index hit 59,957, just 43 points shy of the psychological 60,000 […]
