Page 2 - India News
VIL's capital-raise unlikely to plug market share erosion: Goldman Sachs
It is pertinent to mention here that Vodafone Idea reported narrowing of losses for the just-ended June quarter to Rs 6,432.1 crore, mainly on the back of 4G subscriber additions
 "VIL's capital-raise unlikely to plug market share erosion: Goldman Sachs")
Demat accounts surge past 171 mn, helped by investor interest in IPOs
There has been an average addition of 4 mn accounts monthly since 2024
 "Demat accounts surge past 171 mn, helped by investor interest in IPOs")
Nepal lifts ban on social media app TikTok after 10 months of restrictions
With some pre-conditions, Nepal has lifted its ban on TikTok, effective Friday, which was initially imposed on November 12 last year
 "Nepal lifts ban on social media app TikTok after 10 months of restrictions")
India's power emissions must peak by 2026 to align with Paris pact
The world's third-biggest emitter needs $12.4 trillion in investment to reach net zero ahead of its official target of 2070, BNEF said in its New Energy Outlook for India
 "India's power emissions must peak by 2026 to align with Paris pact")
BS at 50 Income tax dept prY 2024-25 in 15 days
About 4.98 crore ITRs (income tax returns) have already been processed by the tax department, and intimations sent to taxpayers. Of this, 3.92 crore ITRs were processed in less than 15 days
 "BS at 50 Income tax dept prY 2024-25 in 15 days")
Rising airfares put a damper on Dussehra and Diwali travel plans this year
The cost of flights during Diwali week in 2024 has surged compared to the same period last year, even for bookings made three months in advance, according to media reports
 "Rising airfares put a damper on Dussehra and Diwali travel plans this year")
CCPA slaps Rs 5 lakh fine on Shankar IAS Academy for misleading ads
The CCPA, led by Chief Commissioner Nidhi Khare, found that the coaching institute made false claims about its success rate and the nature of courses taken by successful candidates
 "CCPA slaps Rs 5 lakh fine on Shankar IAS Academy for misleading ads")
Global clothing brands turn to India amid Bangladesh unrest, orders surge
Tiruppur and Noida apparel export industries are witnessing a surge in demand orders from various international clothing brands
Visa or MasterCard? From tomorrow, you can choose your credit card network
The RBI issued a circular on March 6 prohibiting banks and non-bank card issuers from entering into exclusive agreements with card networks
 "Visa or MasterCard? From tomorrow, you can choose your credit card network")
PV retails dip 5% in August; Fada raises alarm over rising inventory level ments.
Commercial vehicle registrations saw a 6 per cent year-on-year dip in August, while tractor retail sales also witnessed a drop of 11 per cent as compared to the year-ago period
 "PV retails dip 5% in August; Fada raises alarm over rising inventory level ments.")
UK-India sign new infrastructure financing bridge agreement in London
The UK-India Infrastructure Financing Bridge (UKIIFB), agreed during the UK Economic and Financial Dialogue (EFD) in September last year, has now been operationalised
 "UK-India sign new infrastructure financing bridge agreement in London")
GST Council meeting: E-invoice mandate may soon cover B2C transactions
The GST Council may propose a pilot project for voluntary e-invoicing in select sectors for B2C transactions
 "GST Council meeting: E-invoice mandate may soon cover B2C transactions")
IMF mission starts 5th review of Ukraine programme as Kyiv reshuffles govt
Finance Minister Serhiy Marchenko is expected to retain his position, analysts and lawmakers said
Govt panel considering major cut to food weighting in new CPI basket
The panel, under the statistics ministry, is discussing a proposal to reduce the weight of food in the consumer price basket by as much as 8 percentage points
 "Govt panel considering major cut to food weighting in new CPI basket")
August auto sales impact: Hero, Eicher, and Maruti gain; TaMo, TVS slip
Automaker Tata Motors saw an 8.1 per cent drop in total sales for August 2024, totaling 71,693 vehicles compared to 78,010 units in August 2023.
 "August auto sales impact: Hero, Eicher, and Maruti gain; TaMo, TVS slip")
Buch continued to draw salary from ICICI while at Sebi, alleges Congress
Congress leader Pawan Khera alleged that Buch earned close to Rs 16 crore from the ICICI group while being an official at the market regulator
 "Buch continued to draw salary from ICICI while at Sebi, alleges Congress")
Conflict of interest: Buch drew salary from ICICI while at Sebi, says Congress
Congress leader Pawan Khera accuses Buch of receiving remuneration not only from the government but also from ICICI Bank and ICICI Prudential.
 "Conflict of interest: Buch drew salary from ICICI while at Sebi, says Congress")
IPO-bound Reliance Retail grants ESOPs worth Rs 351 crore to top employees
The Mukesh Ambani-owned company is cemented as the largest retailer in India and has 304 million registered customers
Amid GCC boom, Big Four in India are boosting hiring of 'tech architects'
Deloitte India has over 500 of these architects and says there is a growing demand for them across the consultancy's clients
 "Amid GCC boom, Big Four in India are boosting hiring of 'tech architects'")
Lights, camera, no action: Theatres cut down shows as films perform poorly
Multiplexes with five to six auditoriums are limiting screenings to two or three, while single-screen theatres are temporarily suspending operations, citing slow business and high operational costs
 "Lights, camera, no action: Theatres cut down shows as films perform poorly")
