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Direct tax mop-up grows 16% to Rs. 4.75 trillion, so far this fiscal
Business

Direct tax mop-up grows 16% to Rs. 4.75 trillion, so far this fiscal

Posted on: July 10, 2023

[ad_1] India’s direct tax collection soared 16 per cent to touch Rs. 4.75 trillion this fiscal, showing continuity in revenue growth despite external headwinds.  The collection […]

SBI to sell 2% equity stake in IPO-bound NSDL through offer for sale
Business

SBI to sell 2% equity stake in IPO-bound NSDL through offer for sale

Posted on: July 10, 2023

[ad_1] State Bank of India (SBI) on Monday said it proposes to sell 2 per cent stake by offloading 40 lakh shares in depository organisation NSDL. […]

Net direct tax mop-up grows 16% to Rs 4.75 trillion: I-T department
Business

Net direct tax mop-up grows 16% to Rs 4.75 trillion: I-T department

Posted on: July 10, 2023

[ad_1] Net direct tax kitty swelled 16 per cent to Rs 4.75 trillion so far this fiscal, a reflection of economic activity gaining traction. The Income […]

As Foxconn withdraws, Vedanta says other partners lined for chip plant
Business

As Foxconn withdraws, Vedanta says other partners lined for chip plant

Posted on: July 10, 2023

[ad_1] After withdrawal of Taiwanese electronic contract manufacturer Foxconn from its chip joint venture, Vedanta on Monday asserted that it is fully committed to its semiconductor project […]

From October 1, you can port your credit, debit cards too
Business

From October 1, you can port your credit, debit cards too

Posted on: July 10, 2023

[ad_1] From 1 October,  all credit card, debit card and prepaid card customers in India will be able to port their networks. Just as you can port  your […]

Foxconn pulls out of semiconductor joint venture with Vedanta Ltd
Business

Foxconn pulls out of semiconductor joint venture with Vedanta Ltd

Posted on: July 10, 2023

[ad_1] Taiwan’s Foxconn said on Monday it is pulling out of a joint venture (JV) with metals-to-oil conglomerate Vedanta Ltd that was set up to produce semiconductors […]

Bain Capital in talks to buy Indian ice cream maker Vadilal: Report
Business

Bain Capital in talks to buy Indian ice cream maker Vadilal: Report

Posted on: July 10, 2023

[ad_1] US private investment firm Bain Capital is in talks to buy Indian ice cream maker Vadilal and also considering taking control of Vadilal Industries and Vadilal […]

Soaring vegetable prices can tip delicate inflation balance: Economists
Business

Soaring vegetable prices can tip delicate inflation balance: Economists

Posted on: July 10, 2023

[ad_1] A steeper-than-expected surge in the prices of vegetables, especially tomatoes, over the past few weeks could push India’s retail inflation towards 5.5% in the July-September quarter, […]

PE investments in real estate down 5% YoY at 1.9 bn in Q1 FY24: Report
Business

PE investments in real estate down 5% YoY at 1.9 bn in Q1 FY24: Report

Posted on: July 10, 2023

[ad_1] The share of foreign PE money had a dominant share (94 per cent) in Q1 FY24, up from 90 per cent in April-June 2022 (Q1 FY23). […]

SAT refuses relief to Zee promoters, asks them to file response to Sebi
Business

SAT refuses relief to Zee promoters, asks them to file response to Sebi

Posted on: July 10, 2023

[ad_1] It also asked Sebi to complete the investigations within a week, after taking up responses from Goenka and Chandra. The Securities and Appellate Tribunal (SAT) on […]

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