Corporate

In late June, Ayala offered a whopping $542 million for the deal, showing its ambitions in Australia. Previously, the company stated that the investment in Infigen was a part of its blueprint in the Asia-Pacific, focusing on the four markets of the Philippines, Vietnam, Australia, and India. … [Read more...] about Philippines-based Ayala Corporation boosts investment in local energy market

The Ministry also estimates a loss of approximately VND23,000 billion in State revenues due to the CIT reduction programme. However, it lends a helping hand to businesses facing difficulties amid the pandemic, while facilitating business recovery and enhancing competitiveness. — VNS … [Read more...] about Corporate income tax reduction comes into effect

Indian Oil Corporation to launch battery swapping station for electric vehicles in Chandigarh.As the company claims, Indian Oil Corporation will set up the battery swapping stations at select fuel stations in collaboration with SUN Mobility.Launching the battery swapping station through a virtual event, oil minister Dharmendra Pradhan said that while the oil marketing companies had worked together to usher in BS-VI fuels across the nation, the time has come to go beyond this and introduce more path-breaking technologies in the business.He also said that in line with Prime Minister Narendra Modi's vision, electric mobility can help India meet its Paris Agreement commitment of reducing carbon emission intensity (emission per unit of GDP) by 33 to 35 percent of 2005 level over 15 years.Chetan Maini, Co-Founder & Vice Chairman, SUN Mobility, said, “As India emerges from the lock-down, the focus should be on creating a conducive, collaborative EV ecosystem to make e-mobility take … [Read more...] about SUN Mobility partners with Indian Oil Corporation Limited to launch battery-swapping station

Over the years, the civic body, to prevent stagnation of water on the roads that do not have storm drains, has been raising the height of the road. This was adopted in several low-lying localities, including Adambakkam, Velachery, Ullagaram-Puzhithivakkam, Madipakkam, Pallikaranai and Taramani, as they are located close to the Pallikaranai marshland. … [Read more...] about Corporation opts for milling before relaying interior roads

By Kingsley Omonobi – Abuja There is uncertainty concerning the health status or otherwise of detained Nigerian Army soldier, Lance Corporal Martins Idakpini, arrested for berating both the Chief of Army Staff, Lt. General Tukur Buratai and the Chief of Defence Staff, General Abayomi Olonisakin over their handling of the security situation in the country. … [Read more...] about Viral Video Castigating Buratai: Uncertainty over health status of detained Lance Corporal Martin’s Idakpini