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CCI clears acquisition of 10% stake in Yes Bank by CA Basque Investments
CCI clears acquisition of 10% stake in Yes Bank by CA Basque Investments

New Delhi, The Competition Commission of India (CCI) on Thursday approved the acquisition of 10 per cent stake in Yes Bank Limited by CA Basque Investments.

The proposed combination pertains to CA Basque acquiring up to 10 per cent of the total paid up share capital and voting rights of Yes Bank, by way of su

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Asian Paints plans Rs 2,650 crore backward integration, including white cement JV in UAE
Asian Paints plans Rs 2,650 crore backward integration, including white cement JV in UAE

Chennai,   In a major backward integration move, paint major Asian Paints Ltd will invest about Rs 2,650 crore to manufacture Vinyl Acetate Ethylene Emulsion (VAE) and Vinyl Acetate Monomer (VAM) in India and white cement in the UAE.

While the VAE and VAM investment will be made within India the man

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K'taka gears up for Global Investors Meet; Modi to inaugurate event
K'taka gears up for Global Investors Meet; Modi to inaugurate event

Bengaluru,  The Basavaraj Bommai-led Karnataka government is making all preparations to make 'Invest Karnataka 2022-Global Investors Meet' -- which is just 10 days away from now -- a successful one, officials said on Thursday.

The event would be virtually inaugurated by Prime Minister Narendra Mo

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GST panel extends deadline for filing GSTR-3B return till today
GST panel extends deadline for filing GSTR-3B return till today

New Delhi,  The GST Implementation Committee of the GST Council has extended the due date of filing GSTR-3B return for the month of September for monthly filers by a day.

The earlier due date was October 20, which is now October 21, i.e. Friday.

The notification in this regard is under pro

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Air India appoints Henry Donohoe as head of safety, security & quality
Air India appoints Henry Donohoe as head of safety, security & quality

New Delhi,  Air India has appointed Henry Donohoe as the Head of Safety, Security and Quality from November 7,.

An Irish national, Donohoe started his career at Aer Lingus in 1978 and became its Chief Pilot before going on to head key departments including Safety, Quality, Flight Operations and Engineeri

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NGT imposes Rs 18.35 cr fine on HPCL-Visakh Refinery for green violations
NGT imposes Rs 18.35 cr fine on HPCL-Visakh Refinery for green violations

New Delhi, The National Green Tribunal has imposed a Rs 18.35 crore fine on Hindustan Petroleum Corporation Limited (HPCL)-Visakh Refinery over violation of environmental norms.

Dealing a plea moved by Visakha Pawan Praja Karmika Sangham, the tribunal's southern zone bench comprising Justice Pushpa Sathyanaray

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Infosys formalizes moonlighting, allows staff to take up work with prior permission, say sources
Infosys formalizes moonlighting, allows staff to take up work with prior permission, say sources

Bengaluru, Software giant Infosys softening its stand on moonlighting has allowed its staffers to take up external work with prior permission, sources stated on Friday. The company has intimated the employees on its new policy through email.

The email from the company states that any employee, who wishes to take u

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Global smartphone market falls 9% amid low consumer spending
Global smartphone market falls 9% amid low consumer spending

New Delhi,  Marking the worst third quarter since 2014, the global smartphone market recorded its third consecutive decline this year, dropping 9 per cent year-on-year (YoY) in the third quarter of 2022, says a new report.

According to market research firm Canalys, this will likely continue to dampen the

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Apple may launch macOS for M2 iPad Pro
Apple may launch macOS for M2 iPad Pro

San Francisco, Apple might launch a smaller version of macOS exclusive for the M2 iPad Pro. The device might still run iPad-optimised apps and not macOS versions, reports AppleInsider.

To make the macOS UI suitable for touch, testing is being done with a 25 per cent larger version of it. The device is code-na

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Musk plans to cut 75% of Twitter staff if he takes over: Report
Musk plans to cut 75% of Twitter staff if he takes over: Report

San Francisco,   As part of his bid to acquire Twitter, tech billionaire Elon Musk is reportedly planning to lay off close to 75 per cent of the microblogging site's workforce.

Job cuts are expected in the coming months no matter who owns the company, according to the report, which cited intervi

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