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![OMCs' FY24 combined profit rises over 25-fold to Rs86,000 cr OMCs' FY24 combined profit rises over 25-fold to Rs86,000 cr](/Uploads/Images/thumb_303b56c9-9ea3-4bcb-b5d3-cbcc92458bb3-Indian-oil.jpg)
OMCs' FY24 combined profit rises over 25-fold to Rs86,000 cr
11 May 2024
India’s state-owned oil marketing companies (OMCs) have reported a 25-fold increase in their combined profit, at Rs86,000 crore, for the financial year 2023-24
![BHP proposes mining consolidation with Anglo American BHP proposes mining consolidation with Anglo American](/Uploads/Images/thumb_a50cc186-9399-40e5-aafa-910847cb0a49-Mining.jpg)
BHP proposes mining consolidation with Anglo American
11 May 2024
Australian mining giant Broken Hill Proprietary Company Limited (BHP) has proposed to take over smaller peer Anglo American in an all-share deal that values the company at $38.9 billion
![LyondellBasell weighs divestment of European business LyondellBasell weighs divestment of European business](/Uploads/Images/thumb_75e97897-abfb-496b-b930-306a5d404277-LyondellBasell-img.jpg)
LyondellBasell weighs divestment of European business
10 May 2024
Petrochemicals giant LyondellBasell is moving ahead with plans to divest its vast petrochemicals business in Europe, as part of the company’s plan to divest non-core assets.
![IREDA sets up subsidiary in GIFT City IREDA sets up subsidiary in GIFT City](/Uploads/Images/thumb_0b408adc-cab7-41b1-b704-45409bcceb48-IREDA_-FINAL.jpg)
IREDA sets up subsidiary in GIFT City
10 May 2024
Indian Renewable Energy Development Agency Ltd (IREDA), the country’s largest lender for renewable energy projects, has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC), in GIFT City, Gujarat.
![Shell to sell Singapore refining and petrochem assets to Chandra Asri-Glencore joint venture Shell to sell Singapore refining and petrochem assets to Chandra Asri-Glencore joint venture](/Uploads/Images/thumb_77b3a90b-8db9-41a7-bc30-74781ff15148-Refinery.jpg)
Shell to sell Singapore refining and petrochem assets to Chandra Asri-Glencore joint venture
10 May 2024
British multinational oil and gas company Shell Plc on Wednesday said it has agreed to sell its entire stake in Singapore refinery and petrochemicals business to a joint venture between Indonesian
![Microsoft, Google challenge Delhi HC order to remove non-consensual content Microsoft, Google challenge Delhi HC order to remove non-consensual content](/Uploads/Images/thumb_fdc2346a-1048-4a4c-bfe2-c86ec128b965-Google-(2).jpg)
Microsoft, Google challenge Delhi HC order to remove non-consensual content
09 May 2024
Aggrieved by a single-judge order to remove all non-consensual intimate images (NCII) from the internet irrespective of whether such images have been challenged by parties concerned, Microsoft and Google
![RBI lifts ban on Bank of Baroda onboarding customers in its mobile app RBI lifts ban on Bank of Baroda onboarding customers in its mobile app](/Uploads/Images/thumb_38be0023-9ca3-4722-9505-d5de612134ce-Bank-of-Baroda.jpg)
RBI lifts ban on Bank of Baroda onboarding customers in its mobile app
09 May 2024
Reserve Bank of India (RBI) has reviewed its 10 October 2023 decision to suspend onboarding of customers by Bank of Baroda’s mobile application `BoB World’
Govt moves to build capacity for design, entrepreneurship and medical technology
08 May 2024
Government of India today launched two separate programmes for building human capital – a design and entrepreneurship programme in collaboration with industry and higher educational institutions and another aimed at bolstering the burgeoning medical technology sector.
![BSNL to launch 4G services across India in August BSNL to launch 4G services across India in August](/Uploads/Images/thumb_74350607-fbd7-486c-8ce5-60d7b3a4f319-BSNL_final.jpg)
BSNL to launch 4G services across India in August
08 May 2024
State-owned telecom company Bharat Sanchar Nigam Limited (BSNL) will be rolling out 4G services across the country from August
![AstraZeneca starts global recall of its controversial Covid 19 vaccine AstraZeneca starts global recall of its controversial Covid 19 vaccine](/Uploads/Images/thumb_90645284-ac74-4a3f-843c-f73606abc811-AstraZeneca_Final.jpg)
AstraZeneca starts global recall of its controversial Covid 19 vaccine
08 May 2024
Days after admitting that its Covid 19 vaccine could cause blood clot in some people, British-Swedish pharmaceutical company AstraZeneca
![REC gets RBI nod to set up subsidiary in GIFT City REC gets RBI nod to set up subsidiary in GIFT City](/Uploads/Images/thumb_1a0017ae-ce52-4539-ae46-89d1640f30c5-REC-FINAL.jpg)
REC gets RBI nod to set up subsidiary in GIFT City
07 May 2024
REC Limited, a Maharatna central public sector enterprise and a leading NBFC providing finance to the power sector, has received a ‘No Objection Certificate’ from the Reserve Bank of India (RBI)
![Ghana to use UPI payment infrastructure, consider local currency trade settlement Ghana to use UPI payment infrastructure, consider local currency trade settlement](/Uploads/Images/thumb_0933469a-fc78-4016-acbb-adf6ccce4071-UPI.jpg)
Ghana to use UPI payment infrastructure, consider local currency trade settlement
07 May 2024
India and Ghana have agreed to work towards operationalisation of India’s Unified Payment Interface (UPI) on the Ghana Interbank Payment and Settlement Systems (GHIPSS)
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