Sanctions that forced SWIFT to halt transactions with Russia are seriously hindering payments for oil and fertilizer imports, said a senior SBI executive.
The move by the Indian Register of Shipping is keeping state-owned Sovcomflot's tanker fleet afloat and ensuring it can continue exports to India of Russian oil
The country of 22 million people is struggling with its worst financial crisis in seven decades, unable to import essentials including food, fuel and medicines
New Delhi's current imports make up more than a quarter of Europe's imports of Russia crude and related products, the report said
India's Ministry of Corporate Affairs and the Mumbai Police have launched investigations into Alibaba Cloud (India) LLP, sources have told The Economic Times
The tax will be levied on the difference between the cost of the acquisition of the asset and the transfer price to the employee, the report said
At one stage, a series of demands from New Delhi, which sees itself as the champion of poor farmers and fishermen, appeared set to paralyse talks
The company’s country manager in Singapore and its senior representative in India have both left, according to current and former employees
Country plans to increase local production of chips as well as displays, advanced chemicals, networking and telecom equipment, batteries and electronics
Apple supplier to focus on expansion in Vietnam, India, Indonesia and North America, after operations at its factories in China were rocked by Covid lockdowns and labour shortages
While Coinbase is shrinking its global workforce by 18%, a company spokesperson told TechCrunch only 8% of India staff would be laid off
TotalEnergies will acquire a 25% stake in Adani New Industries, the clean energy subsidiary of Adani Enterprises, to jointly develop the world's largest green hydrogen ecosystem