Main titles: FM Sitharaman at the G20, recruitment in the Indian aviation, etc.



The company associated with former Mumbai police commissioner Sanjay Pandey has seen its revenue decline since allegedly carrying out illegal wiretapping. The highest revenue recorded by iSec services over the past decade was Rs 4.6 crore in 2012-2013. India should be allowed to export food grains from its public stocks to countries facing a hunger crisis, which is against current World Trade Organization (WTO) rules, the Minister of Food said on Friday. Union Finance, Nirmala Sitharaman.


Let India export food grains from public stock: FM Sitharaman at G20

India should be allowed to export food grains from its public stocks to countries facing a hunger crisis, which is against current World Trade Organization (WTO) rules, the Minister of Food said on Friday. Union Finance, Nirmala Sitharaman. Sitharaman was speaking on the sidelines of the G-20 Finance Ministers and Central Bank Governors (FMCBG) meeting in Bali, Indonesia. Read more


Hiring takes off in India’s aviation sector as air traffic picks up

A simple and straightforward ad appeared in the newspapers this week. It read: “Alliance Air invites applications for various positions”, with “various positions” highlighted in bold. Prior to that last month, a call from Jet Airways inviting cabin crew applications brought in more than 700 resumes in five hours flat, tweeted the airline’s CEO, Sanjiv Kapoor. And on July 2, when another airline, Air India, held job interviews, IndiGo cabin crew skipped work en masse to participate. Read more


Telephone tapping at NSE: the company of the former Bombay cop has seen its activity drop in recent years

The company associated with former Mumbai police commissioner Sanjay Pandey has seen its revenue decline since allegedly carrying out illegal wiretapping. The highest revenue recorded by iSec services over the past decade was Rs 4.6 crore in 2012-2013. The 2020-2021 revenue of Rs 1.6 crore was a decline of 66% from then; the company’s profit was Rs 64 lakh. This is 53% less than the profit of Rs 1.35 crore in 2011-2012, the highest in the last 10 years. Read more


A Year of Startup Listings: Exuberance Diminishes as Companies Lose Control of Their Earnings

On July 16, 2021, Zomato’s Rs 9,375 crore initial public offering (IPO) garnered over 30 subscriptions, ending the debate on whether Indian public markets were ready for equity sales by investors. loss-making companies with no clear visibility on when they would become profitable. All remaining skeptics were silenced by a 66% increase in Zomato’s share price on the day of its listing. This opened the doors for more start-up IPOs. Within months, big-name new-age companies such as Nykaa, Policy Bazaar and Paytm rolled out their IPOs, supported by easy liquidity conditions thanks to post-pandemic stimulus measures. Read more


Can LIC retain dominant market share, enhance growth in profitable segments?

The giant PSU Life Insurance Corporation of India (LIC) released some key data points. Its intrinsic value (EV) for 2021-22 came in at 5.41 trillion rupees, which is slightly higher than 5.39 trillion rupees as expected in September 2021, although the street expected a number higher. Read more


BA.5 Omicron subvariant is 4 times more resistant to vaccines, study finds

The BA.5 Omicron subvariant, now the dominant coronavirus strain in the United States, is four times more resistant to Covid-19 vaccines, according to a new study published in Nature. The study found that the variant is four times more resistant to messenger RNA vaccines than previous Omicron strains, which include the Pfizer and Moderna Covid-19 vaccines, Xinhua News Agency reported. Read more

Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor

Comments are closed.