Oil regulator cracks down on metropolis fuel corporations; seeks uniform value of piped cooking fuel

[ad_1] New Delhi, Jul 20 (PTI) Oil sector regulator PNGRB has ordered metropolis fuel retailers to cost a uniform value for pure fuel they pipe to family kitchens for cooking functions, no matter consumption ranges, because it seems to curb the tendency of firms to cost the next charge past a utilization threshold. The federal … Read more

Govt seeks inputs from states, central ministries on eighth pay payment

[ad_1] New Delhi, Jul 21 (PTI) The federal authorities has sought inputs from important stakeholders, along with the Defence and Home ministries, the Division of Personnel and Teaching, along with states, on establishing the eighth Central Pay Price, Parliament was educated on Monday. In January, the Cabinet licensed establishing the eighth Pay Price to revise … Read more

HK Builder Lai Solar Seeks Extra Financial institution Help for Mortgage Refinancing

[ad_1] (Bloomberg) — Hong Kong developer Lai Solar Improvement Co. has been working to win banks’ backing for a HK$3.5 billion ($446 million) mortgage refinancing deal, however after about six months of talks, almost half the lenders nonetheless aren’t on board, in keeping with individuals accustomed to the matter. The property agency — managed by … Read more

Leonteq Sees Shareholder Returns in 2027 as CEO Seeks Turnaround

[ad_1] (Bloomberg) — Swiss derivatives agency Leonteq AG mentioned it might search to return extra capital to shareholders by 2027 as a part of a strategic revamp, after it posted first-half revenue that missed estimates. Leonteq targets a payout ratio of about 30% past a capital ratio of 15% from the primary half of 2027, … Read more

US senator seeks details from Defense Department on Microsofts Chinese engineers

[ad_1] SAN FRANCISCO (Reuters) -A U.S. senator is asking the Pentagon for more information on Microsoft’s reported use of Chinese engineers in maintaining military cloud computing systems, according to a copy of the letter seen by Reuters. Senator Tom Cotton, an Arkansas Republican who chairs the chamber’s intelligence committee and also serves on its armed … Read more

China Vanke Seeks to Extend Some Bank Loans by Up to 10 Years

[ad_1] China Vanke Co. is seeking to extend some of its domestic bank loans by as much as 10 years, according to people familiar with the matter, a move that could help the state-backed developer reduce liquidity risks. The Shenzhen-based builder, one of China’s largest by contracted sales, has made a preliminary proposal to several … Read more

Proxy adviser seeks update on ₹480 cr ESOP clawback from Rashmi Saluja

[ad_1] Mumbai: Five months after Dabur India Ltd chairman Mohit Burman took control of Religare Enterprises Ltd, a proxy advisory firm has sought an update on the issue of recovering shares of a subsidiary worth ₹480 Crore from Former Religare Chair Rashmi Saluja. On Sunday, InGovern Research Services issued a note asking that Religare and … Read more