Tag «Business»

Adani Group becomes 3rd Indian conglomerate to cross $100 billion in m-cap

Adani Group becomes 3rd Indian conglomerate to cross $100 billion in m-cap

By Administrator_India Capital Sands Billionaire Gautam Adani’s ports-to-energy conglomerate has become India’s third group to cross USD 100 billion in market capitalisation with shares of four of its six listed companies soaring to an all-time high on Tuesday. The total market cap of Adani Group’s six listed companies at the close of trading on Tuesday …

Grofers to cover COVID-19 vaccination cost for employees, families, contractual staff

Grofers to cover COVID-19 vaccination cost for employees, families, contractual staff

By Administrator_India Capital Sands Online grocery platform Grofers on Tuesday said it will cover the cost of COVID-19 vaccination for its employees, their family members as well as the company”s contractual staff. The company aims to cover vaccination cost for 25,000 people across 38 cities, it added. Grofers will cover the vaccination cost for its …

Australia passes landmark law to make Google, Facebook pay for news

Australia passes landmark law to make Google, Facebook pay for news

By Administrator_India Capital Sands A man using a mobile phone walks past Google offices in New York, US. Australia’s laws forcing Google and Facebook to pay for news are ready to take effect, though the laws’ architect said it will take time for the digital giants to strike media deals. Australia’s laws forcing Google and …

Focused on investing in India for long run: Facebook

Focused on investing in India for long run: Facebook

By Administrator_India Capital Sands Facebook is committed to investing in India for the long term and continues to build tools for businesses to help them build and grow their online presence, a top company official said. Speaking to PTI, Facebook Chief Revenue Officer David Fischer said the company has made investments and undertaken some unique …

Diwali gift: FM Nirmala Sitharaman likely to announce stimulus package today

Diwali gift: FM Nirmala Sitharaman likely to announce stimulus package today

By Administrator_India Capital Sands Finance Minister Nirmala Sitharaman is likely to announce a mega pre-diwali stimulus package on November 12 afternoon. These could include measures aimed at sectors worst hit by the COVID-19 pandemic, as well as listing out of infrastructure projects which will be expedited with the aim of job creation. FM Sitharaman will …

EU lending institution to invest 650 million euros in Kanpur metro rail construction

EU lending institution to invest 650 million euros in Kanpur metro rail construction

By Administrator_India Capital Sands The European Investment Bank said it will invest 650 million euros into the construction of Kanpur’s first metro line, enabling about three million people in the city to benefit from green, fast and affordable public transport. The EIB, in a statement, said the new metro rail system will reduce commuting hours …