Vivek Punj

Adani has raised his wealth rapidly, but Ambani still has an ace up his sleeve

Will Adani beat Ambani to become richest Indian? Umm...did you count Jio?

by Vivek Punj |May 25, 2021

Ambani might be smarting on account of a held-up deal with Saudi Aramco and a legal tussle over acquisition of Future Retail, but he still holds two assets that can put him on top in this wealth race

Health has shown exponential growth over the last 2 years, especially in FY21 and is one of our top three lines of businesses, said SBI General Insurance CFO Rikhil Shah

Don't see major impact on Q1 earnings due to COVID-19 second wave: SBI General Insurance

by Aprajita Sharma |May 8, 2021

In an e-mail interview with BusinessToday, SBI General Insurance CFO Rikhil Shah said he expects auto insurance to continue to see growth in FY22 as COVID-19 has made personal vehicles a necessity

Infosys approves Rs 9,200 crore buyback at Rs 1,750 per share

by Vivek Punj |Apr 14, 2021

Infosys' board has also constituted a buyback committee, comprising the company's Chief Operating Officer, Chief Financial Officer, Deputy Chief Financial Officer, General Counsel and Company Secretar...

Mobility is expected to be hit with the second COVID-19 surge, says CRISIL

Second COVID wave to be less fatal; surge dispersing among states: CRISIL

by Vivek Punj |Apr 5, 2021

CRISIL further stated that India is lagging behind the global average in vaccinating against COVID-19; only 5.5 doses have been administered per 100 people, against the world average of 8.3 doses

All investment proposals from China will continue to be examined closely as per current FDI policy, say govt sources

No economic quid-pro-quo with China; no fast-tracking of FDI, says senior cabinet minister

by Ashutosh Kumar |Feb 24, 2021

What caused confusion was three clearances given to FDI proposals from Hong Kong in first week of February after having kept all such approvals in abeyance since April last year. These approvals have ...

Cut indirect taxes on petrol, diesel: RBI Governor to Centre, states

by Vivek Punj |Feb 22, 2021

Taxes levied by the Centre and states constitute more than half of petrol and diesel prices, accounting for 60 per cent of the retail cost of the former and 54 per cent of the latter

Wholesale inflation for food items eased in January

Wholesale inflation rises to 2.03% in Jan from 1.22% in Dec

by Vivek Punj |Feb 15, 2021

The increase in WPI inflation came on the back of rise in manufactured products' prices, negating decline prices for primary articles, fuel and power, and food items

Kumar Mangalam Birla, Chairman, Aditya Birla Group shared his views in his annual note titled '2020-21: My Reflections'

Recovery strong; a quarter before we know if booming markets will sustain: Kumar Birla

by Vivek Punj |Jan 21, 2021

Kumar Mangalam Birla, Chairman of Aditya Birla Group, in his annual note, states that the economic recovery has gained pace in recent months as indicated by most of the key indicators including GST co...

At least 13 vaccine manufacturers have approached World Health Organisation (WHO) for approval, says the organization's Chief Scientist Dr Soumya Swaminathan

Full authorisation for Covid vaccines 12 months after Phase III: WHO's Swaminathan

by Rajeev Dubey |Jan 11, 2021

Full authorisation-better known as "full pre-qualification"-is a pre-requisite to sell the vaccine in the open market or for mass immunisation of healthy individuals who are not frontline workers

The Serum Institute of India (SII) has already applied for emergency use authorisation for Covishield coronavirus vaccine with the Indian regulator

Oxford-AstraZeneca COVID-19 vaccine 70% effective: Lancet

by Vivek Punj |Dec 9, 2020

Medical journal Lancet pointed out that surprisingly the COVID-19 vaccine candidate was 90 per cent effective when a low dose was followed by a full dose