business news today

Valuation of IT stocks is now close to pre-pandemic levels, but investors have to be selective as recovery could be protracted Source link

Speaking to reporters in Siricilla on Thursday, he said if the Electricity (Amendment) Bill brought in by the Central government turns into an Act, farmers would lose free power, Scheduled Caste members, Scheduled Tribe persons, poultry farmers, washermen, barbers, weavers, and others will have to bid goodbye to power subsidies. Source link

The country#39;s top refiner will shut the naphtha cracker at its Panipat plant from Monday for a revamp aimed at raising its ethylene production capacity, the sources familiar with the plan said. Source link

Ever since the EU agreed to ban most imports of crude oil from Russia because of its invasion of Ukraine, the future of this refinery — the largest in Italy — has been thrown into doubt Source link

Stocks of firms in his Indian business empire — spanning ports to gas distribution and coal mining — have jumped in part on soaring energy prices. Source link

Accordingly, the company would revise the final severance settlement to an average equivalent of 140 days of gross wages per completed year of service from the ongoing offer of 130 days. Source link

A round-up of the biggest articles from newspapers Source link

The company is working with financial advisers on the potential listing, which could happen in the first quarter of 2023, the people said. The Mumbai-based firm is seeking a valuation of about $700 million in the share sale, which could mostly consist of new shares, the people said. Source link

The third edition of the tech challenge will identify and award disruptive innovations in areas of construction, sales, fintech, and sustainability, the company said. Source link

The Chozha collection is an ode to the Chola Dynasty with jewellery capturing the intricate details of the temple towers and also has inscriptions in Tamil language. Source link