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Chennai-based Indian Overseas Bank (IOB) reported a 58% jump in profit after tax (PAT) to Rs 552 crore in the quarter ended March 2022. The operating profit stood at Rs 1,614 crore in Q4FY22 against Rs...
The deal also includes acquisition of Patanjali Ayurved’s manufacturing units in Haridwar, Uttrakhand, and Newasa unit in Maharashtra, transfer of employees, distribution network and customers among others. The company’s board has approved this business transfer agreement,...

European Union law on regulating Big Tech likely in spring 2023

The commission can fine Big Tech entities up to 10% of their total global turnover in the preceding financial year if found violating the...

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