Oil up on news EU may phase in a ban on Russian oil imports

Oil prices settled higher on Thursday after an early decline as investors covered short positions ahead of the long weekend and on news that the European Union might phase in a ban on Russian oil imports. Brent futures settled up $2.92, or 2.68%, at $111.70 a barrel. US West Texas Intermediate futures closed $2.70 or […]

Oreo-maker, Nestle, Pepsi face pressure from European employees over Russia

Oreo-maker Mondelez, Nestle and PepsiCo face staff defections in Ukraine and pushback from workers in eastern Europe angered by the companies’ decisions to maintain some business in Russia, according to internal corporate communications reviewed by Reuters and interviews with six workers. The emerging employee activism comes on top of Ukraine’s repeated appeals to Western companies […]

Once told Ratan Tata that RSS does not discriminate, says Nitin Gadkari

Union minister Nitin Gadkari on Thursday said he once told industrialist Ratan Tata that the Rashtriya Swayamsevak Sangh (RSS) does not discriminate on the basis of religion. The senior BJP leader inaugurated a charitable hospital in the Sinhagad area in Pune. Speaking on the occasion, he related an anecdote from the time when he was […]

Tata Neu to soon host apps, services from outside of Tata stable: N Chandrasekaran

Tata Neu, the super app from the stable of Tata Group, will soon offer services from companies that are not part of the Mumbai-based conglomerate, said N Chandrasekaran, chairman of Tata Sons. Launched a week ago, the app currently only offers an array of services through the group-owned brands like Big Basket, Croma, Air Asia […]

Removal of import duty on cotton may help bring down prices: Textile Secy

The government’s decision to remove import duty on cotton is likely to help bring down prices of the commodity, Textiles Secretary UP Singh said on Thursday. The finance ministry on April 13 waived customs duty on cotton imports till September 30, a move that will benefit the textile industry and keep prices low for consumers. […]

PM Modi meets two-time Grammy winner Ricky Kej

Prime Minister Narendra Modi on Thursday met with two-time Grammy winner Ricky Kej. PM Modi shared glimpses of the meeting on Twitter. “Happy to have met you @rickykej!,” wrote PM Modi on Twitter. “Your passion and enthusiasm towards music keeps getting even stronger,” he added. PM Modi also gave his best wishes to Kej for […]

Pressure on US to give Ukraine more intelligence on Russia

President Joe Biden has called Russia’s war on Ukraine a genocide and accused Vladimir Putin of committing war crimes. But his administration has struggled with how much intelligence it is willing to give the Ukrainian forces that are trying to stop the Russian leader. Since the war began in late February, the Biden administration has […]

Bank of India drags Future Retail to NCLT, files insolvency plea

Bank of India has filed a petition to initiate insolvency proceedings against debt-ridden Future Retail Ltd at the National Company Law Tribunal (NCLT). Earlier in April, Future Retail had reported a default of Rs 5,322.32 crore to its lenders over ongoing litigations with e-commerce giant Amazon and other related issues. “Bank of India (BoI) has […]

Ranbir-Alia get tie knot small ceremony, pose for pictures

Bollywood A-listers Alia Bhatt and Ranbir Kapoor got married on Thursday, not in a big fat Indian wedding spangled with tinsel as many would have imagined but at their Bandra apartment with just family and close friends in attendance. Bhatt, 29, posted a series of loved-up pictures with Ranbir, 39, on Instagram post the wedding […]

Tata Neu avg user spend is four times of comparable platforms: Mukesh Bansal

Tata Neu, the recently launched super app by the Tata Group, is already witnessing four times the average user spend on its platform than other comparable applications, said Mukesh Bansal, president, Tata Digital. Speaking during a post-launch event at Mumbai, Bansal said the trend that it has received during the pilot run is encouraging. Developed […]