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Inside Dabur's $490 million plan to beat the slowdown blues

The company is fanning out operations to remote parts of the country to access more consumers.

Internal Audit

Dec 07, 2019, 07.58 AM IST

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INTERNAL AUDIT

Second runway commences operations at international airport in Bengaluru

The Bengaluru international airport is the first Greenfield airport in India to be built as a private-public partnership. Private promoters hold 74% (Fairfax 54% and Siemens Projects Ventures 20%) stake in BIAL, while the govt holds the remaining 26% (Karnataka State Industrial & Infrastructure Development Corporation Limited – 13%, Airports Authority of India – 13%).

RBI expects forensic audit report on PMC Bank by month-end

The multi-state co-operative bank has been under the RBI restriction since Septemb...

2 Russians charged in international malware scheme

The Justice Department unsealed charges Thursday against two Russian men in what authoriti...

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  • "There is a forensic audit underway. We will get the report by the end of this month. Assessment of the realisable value of the assets of the bank is also on," Das told reporters after the announcement of the monetary policy.

    The Ministry of External Affairs has informed the Lok Sabha that several countries have agreed that matters related to Jammu and Kashmir are internal to the country following proactive outreach by the government.

    Road accidents in India claimed over 1.5 lakh lives in 2018, a recent report by the transport ministry revealed. India ranks 1st in the number of road accident deaths across the 199 countries reported in the World Road Statistics, 2018, followed by China and the US. As per WHO, India accounts for almost 11% of the accident related deaths in the world.

    A company source said the firm is looking to double the scale of business across parameters such as revenue, customers, driver-partners and the number of rides. Ola said it is "set to launch in 11 new locations each in Australia and New Zealand, taking its total presence across 33 cities in the region".

    “We look forward to cooperating with Russia in the Arctic Council and we are actively discussing potential areas of cooperation including in the sphere of energy security, scientific exploration and research and connectivity. We will explore the possibility of establishing connectivity between the Arctic Region and INSCTC," Indian envoy to Russia said.

    Announcing the fifth bi-monthly monetary policy on Thursday, governor Shaktikanta Das had said the reserves touched USD 451.7 billion as of December 3, an increase of USD 38.8 billion since April.

    The aircraft, flying from Mumbai to Bengaluru, was involved in an air turnback due to high vibrations in one of its engines. The plane has been grounded at Mumbai.

    The ADB's quick dispersing special policy-based loan is part of a multi-donor economic reform programme led by the IMF to stabilise Pakistan's economy after a major deterioration in its fiscal position in 2018, according to a statement by the Manila-based regional lender.

    Multiple financial institutions bought 5.12 crore shares collectively, the BSE data showed.

    The hotel, where room tariffs start at 430 pound a night had its official launch this week with a formal ribbon cutting by UK secretary of state for digital, culture, media and sport Nicky Morgan and the Indian high commissioner to the UK, Ruchi Ghanashyam, among others.

    Suneel Darshan, the proprietor of film production company Shree Krishna International, had filed a suit for permanent injunction against Google India and YouTube, and their US parent, in 2011, in the district court of Gurgaon for infringement of his copyright.

    The move into overseas stocks comes as economic fundamentals appear to be improving in parts of Europe and Asia while US growth looks to be slowing, drawing money away from a market that had been an outperfomer.

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