Ukrainian President Zelenskyy Visits UK, Meets PM Sunak, Addresses Parliament

Ukrainian President Volodymyr Zelenskyy on Wednesday visited the United Kingdom and held a meeting with British Prime Minister Rishi Sunak. He addressed UK Parliament and also held a meeting with King Charles III at Buckingham Palace. After his meeting with Rishi Sunak, Zelenskyy said that he heard UK PM’s willingness to provide fighter jets, according to the statement released by Ukraine President’s website. It is Zelenskyy’s first visit to the UK since Russia launched an offensive in Ukraine. Zelenskyy said that Ukraine needs an air defence system as it continues…

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Nearly 94% Employees Believe Trust Impacts Performance: Survey

According to the survey – ‘Deloitte Global Boardroom Program’ only half of the business leaders considered trust to be a key priority in their board governance strategies, despite recognising its significance.  The survey highlights the need for business leaders to integrate trust-building practices into their decision-making processes and to prioritize trust in their governance strategies. Yet, few of those surveyed categorized their organization as achieving a high level of trust maturity and around a third said they have no consistent approach to maintaining trust or only prioritize it in the wake of…

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Piramal Pharma reports consolidated net loss of Rs 90 cr in Q3 – ET HealthWorld

New Delhi: Piramal Pharma on Thursday reported a net loss of Rs 90 crore on a consolidated basis for the third quarter ended December 31, 2022. The Mumbai-based company had reported a net profit of Rs 163 crore in the October-December quarter of last fiscal. Revenue from operations stood at Rs 1,716 crore for the third quarter, while the same was at Rs 1,539 crore in the year-ago period. The company said the third quarter results were not comparable to the same period last year as the NCLT in August…

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India Stands Ready To Extend Support To People Of Turkey: MoS Muraleedharan

Union Minister of State for External Affairs V Muraleedharan has said that India stands ready to extend support to the people of earthquake-hit Turkey. Muraleedharan made the remarks at the Hindon Airbase in Ghaziabad from where Indian Air Force’s C17 Globemaster aircraft with medical equipment, ration and relief equipment took off for Turkey, as part of the ongoing ‘Operation Dost.’ Speaking to ANI, Muraleedharan said that there are four teams working on the ground in Turkey, including two rescue teams, dog squads and two medical teams. He said that India…

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MSCI Likely To Announce Modifications To Free Float Status Of Some Adani Securities

MSCI, the index provider, said on Thursday that it has come to a conclusion that some securities belonging to Adani should no longer be considered as having a free float status. This decision was made after market participants raised questions about the suitability of certain companies within the Indian conglomerate for certain MSCI indexes. MSCI announced that modifications for Adani securities related to its MSCI Global Investable Market Indexes will be revealed later on Thursday, as part of its regular review for the month of February. In a statement, MSCI…

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Musk Says Twitter Issues Will be Resolved By Thursday Eve

Explaining the issue, Twitter CEO Elon Musk tweeted, “Multiple internal & external issues simultaneously today. Should be fully back on track later tonight.” Thousands of Twitter users on Wednesday were observed to be complaining about not being unable to tweet and encountering a message stating: “You are over the daily limit for sending Tweets.” Explaining the issue, Twitter CEO Elon Musk tweeted, “Multiple internal & external issues simultaneously today. Should be fully back on track later tonight.” As of 5 am IST, over 800 Indian users had flagged the Twitter…

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Tax Officials Visit Adani Warehouse, Company Says Routine Inspection

Himachal Pradesh state tax officials paid a visit to the Adani Wilmar facility in Parvanoo, Shimla late Wednesday. Himachal Excise and Taxation Department’s Parwanoo South Zone Enforcement wing inspected Adani Wilmar’s stocks. According to the officials, It was a routine inspection of stock by excise and tax officials. Adani Wilmar, which warehousing Kirana (grocery items), also supplies goods to the state’s civil supplies department and police department. Last year, it made Rs 135 crore in revenue. According to the excise department, the company’s entire GST input was adjusted through a…

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No Coal Supply Shortage, Production Touches 698.24 MT Till Jan: Centre

Coal India, the largest supplier of coal in the country, has dispatched 572.25 MT of coal in the current fiscal (April– January 2023) achieving a growth of 5.5 per cent over last year’s same period There is no shortage in coal supply as production touched 698.24 million tonne up to January 2023, said the Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi in a written reply in Lok Sabha. Further, in the current financial year up to January 2023, the country has produced about 698.24 MT of coal…

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Centre Says 13,18,192 Sellers Registered In Government e-Marketplace

As on 01 February 2023, a total of 1,01,525 sellers has participated in the portal from Gujarat, which is about 8.34 per cent in comparison to the rest of the country’s figure There are 13,18,192 sellers who have registered themselves in the Government e-Marketplace (GeM) to enable them to sell their products directly to various government departments and organisations. The Minister of State in the Ministry of Commerce and Industry, Anupriya Patel said in reply to a parliamentary question said that there is no definition of an active supplier on…

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