NEW DELHI — In yet another big milestone for Adani Group of Industries founder Gautam Adani, he has become the world’s third-richest person as per the Bloomberg Billionaires Index. Elon Musk retained the top spot with his net-worth touching $251.4 billion, followed by Jeff Bezos ($153.4 Billion) and Mr. Adani at $137.4 billion. This is […]
SRINAGAR — Jammu and Kashmir Bank aims to tap the benefits of the phase of accelerated growth driven by various measures taken by the Union Territory administration, especially in infrastructure, agriculture and tourism sectors, a top bank official said. “We see a new phase of accelerated growth unleashing in Jammu and Kashmir, especially in infrastructure, […]
NEW DELHI — Jammu & Kashmir Bank is looking to raise up to Rs 2,000 crore this fiscal through a mix of debt and equity as it sees loan demand picking up due to increased economic activity. The union territories of Jammu and Kashmir and Ladakh are witnessing “unprecedented growth” with over 1 crore tourists […]
NEW DELHI — Twitter is seeking to overturn some of the orders by the Indian government to take down content from its platform in a legal challenge that alleges abuse of power by officials, a source familiar with the matter said. The microblogging company’s attempt to get a judicial review is part of a growing confrontation with the […]
NEW DELHI — State-owned Jammu and Kashmir Bank (J&K Bank) on Tuesday said it will raise up to Rs 2,000 crore, through a mix of debt and equity, in the current fiscal year 2022-23. The board of directors of the bank, in its meeting held on June 28, approved the capital raise plan, J&K Bank […]
NEW DELHI — Reliance Industries chairman Mukesh Ambani has resigned from the board of Reliance Jio handing over reigns to his elder son Akash Ambani, who will be Chairman of the Board of Directors. In a stock exchange filing, Reliance Jio Infocomm said the company’s board has approved the appointment of Akash M Ambani, non-executive […]
Mudasir Maqbool PULWAMA — The KY Hyundai dealership of South Kashmir on Friday unveiled “New Hyundai Venue” in Pulwama. The vehicle was unveiled by Zonal Officer J&K Bank Tasaduq Sahab, Senior Branch head Muneer Sahab CEO K.Y Hyundai Pulwama in presence of Riyaz Ahamd and General Manager Javid Ahmad, Manager Mir Shahbaz and Delegates from […]
SAN FRANCISCO — Microsoft has confirmed that it is bringing the Windows Subsystem for Android (WSA) — which allows users to run Android apps on Windows 11 — to five new markets later this year. Currently only available in the US, WSA will launch in France, Germany, Italy, Japan and the UK before the end […]
NEW DELHI — The Ministry of Finance on Sunday informed that the Goods and services tax (GST) collections have touched an all-time high of over Rs 1.68 lakh crore in April as the country witnessed an improvement in economic activities. The April collection is Rs 25,000 crore higher than that in March, having the second-highest […]
NEW DELHI — According to the Reserve Bank of India’s (RBI) report on currency and finance for FY22, it will take roughly 15 years for the Indian economy to recover from the losses experienced during the coronavirus pandemic. “Taking the actual growth rate of -6.6 percent for 2020-21, 8.9 percent for 2021-22 and assuming growth […]