Business

Beijing: Xu Jiayin, former chairman of China's property developer Evergrande Group, whose collapse has caused a massive crisis in the Chinese property market, pleaded guilty to charges of embezzlement of corporate assets and corporate bribery. The Shenzhen Intermediate People's Court, which has held a public...

Noida: Uttar Pradesh government has hiked minimum wages across worker categories following unrest in Noida, with revised rates coming into effect from April 1 retrospectively, officials said Tuesday. Gautam Buddh Nagar District Magistrate Medha Roopam said, "The wage increase has been done by the high-powered...

Somdutt Behura, co-founder of KT Global School, is a visionary educationist, philanthropist, and data management strategist with over 30 years of experience in the educational landscape. Under his stewardship, the institution has grown into a premier residential-cum-day boarding school in Bhubaneswar. Behura has been instrumental...

New Delhi: India-flagged LPG vessel Jag Vikram, which safely sailed out of the Strait of Hormuz Saturday, carrying approximately 20,400 metric tonnes of LPG cargo with 24 seafarers onboard, is expected to arrive at Kandla port Tuesday, according to a government statement. All Indian seafarers...

Mumbai: Tata Sons chairman N Chandrasekaran Monday termed sexual harassment allegations at TCS Nashik as "gravely concerning and anguishing", and announced an investigation into the matter under a senior executive. "The complaints and allegations emerging from the Nashik branch of Tata Consultancy Services have been...

New Delhi: Retail inflation inched up marginally to 3.4 per cent in March as against 3.21 per cent in February, according to government data released Monday. Based on the consumer price index (CPI) data, the rate of price rise in the food basket was 3.87...

Tokyo: Oil prices resumed their climb and global markets mostly declined Monday as the US military prepared to blockade traffic to and from Iranian ports and the Strait of Hormuz, where most shipping has been stalled by Iran since the start of the war. US...

Mumbai: Benchmark stock indices Sensex and Nifty closed nearly 1 per cent lower Monday as the failure of US-Iran negotiations heightened concerns of a prolonged conflict driving crude oil prices sharply higher. The 30-share BSE Sensex tumbled 702.68 points or 0.91 per cent to settle...

Karim Kabiruddin is the Executive Director of Health Food Products Pvt Ltd (HFPPL), the Cuttack-based manufacturer of the popular Frostee Ice-cream brand, later renamed as ‘Fun India’. Established in 1997, the company has grown from a local operation into a significant player in the Odisha...

New Delhi: All Indian seafarers in the Gulf and West Asia region are safe, and no incident involving Indian-flagged vessels has been reported in the past 24 hours, the government said Sunday. The Ministry of Ports, Shipping and Waterways, through the Directorate General of Shipping...