ISLAMABAD: The Auditor General for Pakistan has recommended holding individuals accountable for disbursing Rs15 billion to Pakistan International Airlines in the last fiscal year without first obtaining a business plan or government approvals for the fund release. Federal auditors have raised an audit objection against the Ministry of Finance during …
Two of the biggest names in big-box retail have boosted their bets on a growing trend for brick-and-mortar sales: smaller stores. Best Buy and Macy’s this week announced plans to add small-format stores in a strategy that could help the companies cut costs while answering customers’ demand for convenience. They …
The F.T.C. sued to block the biggest supermarket merger in U.S. history. The regulator moved to block Kroger’s $25 billion bid for Albertsons, warning that the deal would raise prices and damage union workers’ bargaining power. Insider trading from home The husband of a former BP merger and acquisitions manager …
The inaugural flight of an Avelo Airlines Boeing 737-800 takes off from Hollywood Burbank Airport to Charles M. Schulz-Sonoma County Airport in Santa Rosa on April 28, 2021. Patrick T. Fallon | AFP | Getty Images In the nearly four years since the Covid-19 pandemic upended air travel, the largest …
The per tola price of 24 karat gold increased by Rs.3,500 and was sold at Rs.220,300 on Saturday compared to its sale at Rs.216,800 on last trading day. The price of 10 grams of 24 karat gold also increased by Rs.3,001 to Rs.188,872 from Rs.185,871 whereas the prices of 10 …
MUMBAI: Byju Raveendran, founder and CEO at troubled edtech startup Byju’s hit out at a group of investors, stating that their move to disable the company from using the funds raised through the rights issue has hindered disbursement of salaries to employees. “….I regret to inform you that we will …
FM Nirmala Sitharaman recently inaugurated LIC’s new international business centre at GIFT City, Gujarat. Over the past three months, LIC has delivered a total return of 54 per cent to investors, with a yearly return of the same percentage to its shareholders. Life Insurance Corporation of India (LIC) handed a …
Byju’s founder Byju Raveendran on Saturday said the edtech company will not be able to pay salaries to employees as the recent funds raised through a rights issue are inaccessible due to a legal dispute with certain investors. In a letter to staff, Raveendran said the rights issue, launched a …
New Delhi: Bill Gates, the co-founder of Microsoft and known for his charity work, had some nice things to say about the Statue of Unity in Gujarat. He called it a great achievement in engineering and a wonderful way to honor Sardar Patel. He thanked Prime Minister Narendra Modi for inviting …
