A little-known Romanian tennis player who also represented his country in ice hockey is worth four times more than former Real Madrid star and Portugal's ace striker Cristiano Ronaldo. This piece of information has created a frenzy among fans of both tennis and football, who are now intensely discussing about this personality.
The Department for Promotion of Industry and Internal Trade (DPIIT) has proposed eliminating the Angel Tax for startups ahead of Budget 2024, said Secretary Rajesh Kumar Singh. Introduced in 2012 under Section 56(2)(viib) as an anti-abuse measure to prevent tax evasion, the tax is levied above 30%. DPIIT asserts this removal could enhance capital formation in India.
CBI registers FIR under Bharatiya Nyaya Sanhita against two Delhi Police officers for demanding Rs 10 lakh bribe to aid in inmate's release from Tihar Jail. Allegations of conspiracy and bribery under investigation. Complainant's claims being verified by authorities.
Vodafone Idea (Vi) will enhance networks in Punjab and Haryana using L900 and L2100 spectrum, improving coverage in cities like Ludhiana and Amritsar. Rs 18,000 crore was raised prioritizing these areas.
Heavy rains in northwest and northeast India cut the nationwide monsoon deficit from 11% to 3%, IMD states. Central (14% to 8%) and east/northeast (13% to 2%) deficits dropped; south India saw a 13% surplus. Nationwide: 45% normal, 24% excess, 31% deficient rains, totaling 190.6 mm versus 196.9 mm normal. Early onset stalled, delaying rains in West Bengal.
IDFC First Bank has underperformed in the market over the past year, gaining only 3% and declining 8% year-to-date. The stock is currently trading 24% below its 52-week high of Rs 100.74.
Dior and Armani's units have been placed under judicial administration for one year after they were accused of exploiting the workers and not abiding by the labor laws. LVMH CEO Bernard Arnault is the world's third richest person. His daughter, Delphine Arnault, is the CEO of Dior.
The Delhi High Court has ruled against Punjab and Sind Bank's withdrawal of a Rs 120 crore loan settlement from Ambience Pvt Ltd. The court deemed the withdrawal as arbitrary and unsustainable. The bank has been directed to release the securities provided by the company. The court clarified that the terms of the settlement, once accepted and sanctioned, are binding. Ambience had made the full payment as per the agreed terms, refuting the bank's allegations of deviation and concealment. A legal dispute... Читать дальше...
HDFC Silver ETF FoF led the category with a 15.50% return over the last three months.
Hyderabad Police reveal details of illegal phone tapping during previous regime, involving political leaders and a High Court Judge. Accused officers arrested for erasing evidence and conducting unauthorized surveillance. Investigation ongoing with plans for supplementary charge sheets.
DMRC and RVNL signed an MoU, signed by PK Garg and Rajesh Prasad, for metro systems, railways, highways, bridges, and tunnels projects in India and abroad. This collaboration aims to leverage expertise in design, construction, consultancy, railway electrification, workshops, and institutional buildings, acting as project service providers, according to an official statement.
Optiemus Infracom plans to deploy up to 6,000 drones in India next year, aiming for a revenue of Rs 600-900 crore. Chairman Ashok Kumar Gupta aims to disrupt the market pricing by offering drones with a 10-litre payload capacity for Rs 2.25 lakh each. The company is in talks with the government and cooperatives, focusing on agriculture spray, with plans to invest Rs 140 crore in drone manufacturing.
N.K. Singh, former chairman of the 15th Finance Commission, receives Honorary Fellowship from the London School of Economics. Recognized for contributions to LSE and global economic community. Singh's legacy in policy-making and fiscal prudence celebrated by finance minister and LSE. He joins esteemed past recipients of the award.
Madison Media, part of Madison World, appointed Vinay Hegde as CEO, Investments, recognising his 25-year industry experience and successful track record at Madison Media and Mindshare Fulcrum. Vikram Sakhuja praised Hegde’s expertise in media buying and analytics, expecting superior results. With Hegde at the helm, Madison aims to enhance client media investments. Madison Media, ranked 4th globally, excels in media planning for prestigious clients like Godrej and Asian Paints.
Prime Minister Narendra Modi celebrated the Indian cricket team’s T20 World Cup triumph at 7 Lok Kalyan Marg. Team Captain Rohit Sharma and members arrived in Delhi early morning after delays due to a hurricane in Bridgetown, Barbados. Modi shared their interaction on social media, captured in a video with Coach Rahul Dravid. BCCI’s President Roger Binny and Secretary Jay Shah presented Modi a 'CHAMPIONS' jersey with the Team India crest, commemorating their 2 T20 World Cup wins. The event acknowledged... Читать дальше...
Power Book II: Ghost' Season 4 has enthralled viewers with its compelling plot and intense character dynamics, where loyalty is perpetually tested and secrets are continuously unveiled.
Le Travenues Technology Ltd, the parent company of travel booking platform ixigo, on Thursday reported a 55.2 per cent growth in consolidated profit after tax (PAT) to Rs 7.34 crore in three months to March over the year-ago period. The company, which got listed on exchanges last month, had delivered a consolidated PAT of Rs 4.73 crore in the March quarter of FY23, according to a presentation.
London-headquartered information technology firm Noventiq and special purpose acquisition company Corner Growth Acquisition have mutually agreed to terminate their blank-check deal, the companies said on Thursday. The two last year struck a SPAC deal that would have resulted in the combined company being publicly listed on U.S. exchange Nasdaq.
Chief Minister Siddaramaiah demanded Rs 62 crore compensation for his family’s land taken by the government amidst controversy over 14 pricey plots allotted to them in Mysuru. Opposition BJP sought a CBI probe, accusing the CM of benefiting his family unfairly. Siddaramaiah defended the allotments, done during the BJP regime, denying any wrongdoing. The BJP alleged a Rs 4000 crore scam and called for arrests in the case.
Greaves Finance, a Greaves Cotton subsidiary, appointed PB Sunil Kumar as Executive Director and CEO effective July 3, 2024. He will advance financing for electric two-wheelers via the evfin platform. With 25 years' experience, including positions at Taiki Consulting, Tata Finance Ltd, ICICI Bank, and GE Capital Services India, Kumar is also a chartered accountant.
Chief Minister Siddaramaiah criticizes BJP for allegedly disrespecting Swami Vivekananda at a state meeting. He emphasizes Vivekananda's ideals of brotherhood and interfaith coexistence. BJP general secretary denies allegations, citing political rivalry with the CM.
It has been reported that the US President is planning to step aside and let another Democrat contest the upcoming US Presidential Election in November. This is after many Democrats have called for his ouster. His approval ratings too are falling. The president has planned to intensify his political campaign during the weekend.
Equitas Small Finance Bank, with a priority sector focus, achieved a 35.4% year-on-year deposit growth to Rs 37524 crore by the end of June, surpassing the sectoral average of 12%. Advances increased 17.8% to Rs 34872 crore, although the CASA ratio fell to 31% due to faster term deposits growth. Provisional figures submitted to stock exchanges confirmed these results.
The 24th SCO summit concluded with the adoption of the Astana Declaration and approval of 25 strategic documents. Member states emphasized the organization's role in global peace and security. Resolutions covered areas such as terrorism, energy cooperation, and environmental protection.