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Exporters claim they have not been able to meet export obligations due to the pandemic. They say the government should either allow them to continue to avail the scheme by extending their time period or give them tax credit that they can adjust against future tax liabilities.

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The government has been getting demands from various industry bodies and other stakeholders to extend the scheme to ensure continued support to eligible sectors and businesses.

Speaking at the telco’s 26th Annual General Meeting (AGM) on Wednesday, Kapania added that recently announced reforms will help preserve a healthy market structure of three private players - Reliance Jio, Bharti Airtel and Vodafone Idea (Vi).

​“CIL has taken up this on a mission mode. Availability of coal and subsequent supplies will be ramped up. Despatches to coal fired plants from October onward are aimed at 1.5 MTs per day going beyond 1.6 MTs in due course” said Satyendra Nath Tiwary, director (marketing), at Coal India.

Weighing in on a global debate, Vaishnaw said online platforms need to remunerate original creators and publishers of content "adequately" for all the intellectual property (IP) they produce.

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Invesco Developing Markets Fund has moved to the NCLT against media major Zee Entertainment for not calling an EGM of the company.

HDFC Bank targets 500k new credit cards a month

Updated at : 2021-09-30 07:20:01

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HDFC Bank added more than 4 lakh credit cards in a month, after the Reserve Bank of India lifted curbs on issuing cards last month on August 17. The bank is now aiming to add 5 lakh credit cards every month. The bank has a total card network of more than 1.5 crores.

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“I have requested the Axis Bank board to be redeemed from the executive position at the bank, but I will continue to be associated with the bank in various other capacity, like I will continue to be on the board of Axis Bank foundation and a few other bank subsidiaries including Max board,” Rajesh Dahiya, ED, Axis Bank told ET.

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Piramal Enterprises (PEL) has completed the acquisition of Dewan Housing Finance (DHFL) by paying Rs 34,250 crore to creditors of the troubled housing finance company.

"We wish to inform that the bank had yesterday, i.e., September 28, 2021, pursuant to invocation of pledge of shares, acquired 50,00,000 equity shares of McLeod Russel India Ltd," IndusInd Bank said in a regulatory filing.

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