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No TCS on credit card spends overseas, says Ministry of Finance
Business

No TCS on credit card spends overseas, says Ministry of Finance

Posted on: June 29, 2023

[ad_1] The Ministry of Finance on Wednesday night extended the deadline for the implementation of a new rule that mandated 20 per cent tax collected at source […]

Kempner reviews $250 million loan to edtech firm Byju’s amid crises
Business

Kempner reviews $250 million loan to edtech firm Byju’s amid crises

Posted on: June 29, 2023

[ad_1] Davidson Kempner Capital Management isn’t fully disbursing a $250 million loan it had extended to the ed-tech firm Byju’s as the US hedge fund reviews the […]

Adani Ent jumps over 5% as most groups cos settle in positive territory
Business

Adani Ent jumps over 5% as most groups cos settle in positive territory

Posted on: June 28, 2023

[ad_1] Majority of the Adani Group stocks ended in the positive territory on Wednesday, with Adani Enterprises climbing over 5 per cent, after US-based boutique investment firm […]

Tata Comm to acquire NYSE-listed Kaleyra for $100 mn in all-cash deal
Business

Tata Comm to acquire NYSE-listed Kaleyra for $100 mn in all-cash deal

Posted on: June 28, 2023

[ad_1] Tata Communications on Wednesday announced that it would acquire NYSE-listed Kaleyra, a global omnichannel integrated communication services provider with a set of proprietary platforms offering targeted […]

Tax hike on international transactions to come into effect from Oct 1
Business

Tax hike on international transactions to come into effect from Oct 1

Posted on: June 28, 2023

[ad_1] The Ministry of Finance on Wednesday extended the deadline to apply the proposed changes in Tax Collection at Source (TCS) rates from October 1.  “No change in […]

PM-PRANAM scheme gets CCEA approval to boost alternative fertilisers
Business

PM-PRANAM scheme gets CCEA approval to boost alternative fertilisers

Posted on: June 28, 2023

[ad_1] The Union Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved PM-PRANAM, which is aimed at incentivising states to use alternative, non-chemical fertilisers, and also decided […]

Tata Motors shifting to greener future in next few years: Chandrasekaran
Business

Tata Motors shifting to greener future in next few years: Chandrasekaran

Posted on: June 28, 2023

[ad_1] After overcoming many challenging years, Tata Motors has moved to a position of strength and is shifting to a greener future in the next few years, […]

Govt starts Green Credits scheme under Mission LiFE
Business

Govt starts Green Credits scheme under Mission LiFE

Posted on: June 28, 2023

[ad_1] In what would push environment-friendly practices among individuals, farmer goups, small scale, urban and rural local institutions and the private sector, the Centre launched a ‘Green […]

Indian economy makes solid recovery despite global headwind: RBI Governor
Business

Indian economy makes solid recovery despite global headwind: RBI Governor

Posted on: June 28, 2023

[ad_1] Reserve Bank Governor Shaktikanta Das on Wednesday said that the Indian economy has made a solid recovery and is among the fastest-growing large economies despite heightened […]

The story behind success of housing finance behemoth
Business

The story behind success of housing finance behemoth

Posted on: June 28, 2023

[ad_1] The merger of India’s largest housing finance company, the Housing Development Finance Corporation (HDFC), and the largest lender by market cap, HDFC Bank, will be effective […]

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