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Loading the player. India s oil imports reach 3-year high in Dec 2020 at 5 million bpd India s crude oil imports in December soared to the highest levels in nearly three years to more than 5 million barrels per day (bpd) as its refiners cranked up output to meet a rebound in fuel demand, data from trade sources showed. India s year-end rush for crude supplies coincided with stronger demand from north Asian buyers during winter, boosting prices and an accelerating de-stocking of floating storage globally. SC upholds 100-homebuyer threshold for insolvency application against realtors The Supreme Court has dismissed the homebuyers plea against the threshold introduced in the Insolvency and Bankruptcy Code (IBC) for them to file insolvency application against a real estate company. The threshold is the requirement that there should be at least 100 allottees or 10 per cent of the total allottees, whichever is less, to support an insolvency application against a real e ....
Tata Trusts B2B app to let businesses buy directly from artisans While the app is the store front, a considerable work at the backend has gone in training and upskilling of artisans through Antaran where the focus is on handholding the artisans to be entrepreneurs Sonal Khetarpal | January 19, 2021 | Updated 23:49 IST Tata Trusts, through its craft-based livelihood programme Antaran, will launch a mobile app and website Craft Xchange to enable retailers, designers, boutiques buy directly from the artisans across the country. The intent of creating this app is to bring in transparency and facilitate easy communication between artisans and buyers. One of the key problems we found was the communication gap between the two and the app is built to overcome that, says Sharda Gautam, Head of Crafts, Tata Trusts. ....