Business News


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Kerala GST’s biggest catch yet, man held for Rs 126-crore evasion

Prathapan was remanded in judicial custody by the Ernakulam Additional Chief Judicial Magistrate (Economic Offence) Court.

published : 05 Dec 2023
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Market rises 2% on election outcome

Rally makes investors richer by about `6L cr as m-cap of BSE listed firms reaches `343.5L cr

published : 05 Dec 2023
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Byju Raveendran pledges houses to pay staff salaries

Last week, it was reported that the edtech giant has been delaying paying salary for some employees and the company cited technical glitches for it.

published : 05 Dec 2023
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JSW Infra to acquire PNP Port from Shapoorji

JSW Infrastructure said that it intends to upgrade the PNP Port facilities and expand its capacity from the current 5 million tonnes per annum (MTPA) to 19 MTPA in a phased manner.

published : 05 Dec 2023
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‘India to be $5 tn economy in early Amrit Kaal’

The country’s gross domestic product (GDP) was $3.7 trillion in the 2022-23 fiscal year, showing a significant growth from $189 billion in 1980-81.

published : 05 Dec 2023
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Government to invite application for position of Trai chief; post vacant since October

Thus the government had to re-advertise for the post,” said an official. 

published : 05 Dec 2023
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Spotify lays off 1,500 to reduce cost

“This brings me to a decision that will mean a significant step change for our company.

published : 05 Dec 2023
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TDK to make Li-ion battery cells for Apple

As per the reports, TDK acquired a 180-acre land near Gurugram, Haryana for Rs 550 crore.

published : 05 Dec 2023
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Govt lays out measures to contain black money menace in real estate

Moreover, Section 194-IA now requires the deduction of 1% tax at the time of payment for any sum exceeding Rs 50 lakhs as consideration for immovable properties. 

published : 05 Dec 2023
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IT sector hiring will remain muted over next two-three quarters: Report

It says that Indian IT services companies continue to utilise the excess capacity added in FY22 and H1FY23.

published : 05 Dec 2023
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Missing cushions put IndiGo airlines at the receiving end of the passengers’ ire

On Saturday, founder of Mensa Brands Ananth Narayanan posted on X: “2 hours late and no seats @IndiGo flight 5047! Service really seems to be deteriorating.”

published : 04 Dec 2023
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We need a market for Insurance Viaticals  

Go to the life insurance company and say “I wish to surrender this plan please”. They then follow a very complicated path and tell you how much they will pay you.

published : 04 Dec 2023
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Extended full support to I-T dept: Hindujas  

The Company will update the Stock Exchanges if the matter progresses and in case of any material information/ event is received in this regard, it added.

published : 04 Dec 2023
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Election results may rejuvenate stock market  

The market has already started the pre-election rally for May 2024 from mid-November, and now this rally will get pace after the outcome of state elections, she said.

published : 04 Dec 2023
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'Trade contributes only 3% of greenhouse gas emission'

As per GTRI, India must also highlight two other important issues during the conference in Dubai. 

published : 04 Dec 2023