Vodaone-Idea have allocated around Rs 1,613 crore worth shares amounting to 33.44 per cent stake to the government against interest dues, according to a filing report.
As per Real Insight report, Gurugram had the biggest price increase of almost 13%, followed by Bengaluru and Delhi-NCR saw price increases of 9%.
Layoffs continue: Aerospace company Boeing is the latest entrant in the group of big organizations that announced job cuts citing slowdown and other reasons.
The company had last month approved the sub-division of shares in a ratio of 10:1. It means that IRB Infra will split its one equity share into 10 equity shares.
According to an exchange filing by Kohinoor Foods, Vikas Lifecare's investment worth Rs 250 crore will make it into a debt-free entity.
The company has calculated an incentive of Rs 130 crore from UPI transactions in three quarters but Sharma said that the incentive may technically make the fourth quarter a free cash flow positive quarter but Paytm will report as a one-time item.
Infosys fired 600 newly-employed freshers after they failed an internal assessment. This occurs at a time when hundreds of new hires at Infosys are awaiting their joining dates despite receiving offer letters months earlier.
Dell and other hardware manufacturers have noticed a drop in demand following a pandemic-era PC boom. According to preliminary statistics from industry researcher IDC, personal computer shipments declined dramatically in the fourth quarter of 2022.
Before making a decision, investors must consider all aspects such as budget, connectivity, rent, maintenance, operating costs, tenant availability, and market conditions.
Notably, China is the world's largest producer and exporter of APIs and many Indian companies depend on imports of the ingredients to produce various formulations.
The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month.
According to Indian Railways, this time the budget allocation has been the highest in the history. In 2013-14, Rs 28,174 crore came in the share of Railways. After this, Rs 1,59,100 crore has been received in 2022-23 and now Rs 2,40,000 crore has been received in this financial year 2023-24.
Since May last year, the Reserve Bank has increased the short-term lending rate by 225 basis points to contain inflation, mostly driven by external factors, especially global supply chain disruption following the Russia-Ukraine war outbreak.
Adani row: SEBI said that in all specific entity-related matters, if any information comes to its notice, then it is examined as per policies and appropriate action is taken after due examination.
Adani row: "The regulators in India are very competent and our financial markets are amongst the most respected and well regulated markets in the world. As regards the loss, that's the share market's valuation loss, not the loss of any individual or people's wealth," Goyal told reporters today.
The board of Servotech had earlier announced to split shares in the ratio of 5:1 and pay an interim dividend of Rs 0.20 per equity share.
India TV Budget Conclave: The Railway Minister praised the progress of Vande Bharat trains, saying: "Prime Minister Modi had given the Vande Bharat concept in 2017, it was ready in 2019, and for two years it underwent tests over several lakh kilometres."
Satvik Sethi, NFT product head at Mastercard, resigned after complaining that the platform had ignored him. Later, he decided to mint his letter of resignation as an NFT.
In the wake of recent economic uncertainty and a growing concern over inflation, many investors are turning to gold as a safe haven asset. With gold prices reaching new highs, demand for the precious metal has skyrocketed, as investors look to protect their wealth and ensure long-term stability.
The price of Bitcoin has been on a steady upward trend and attracting the attention of investors and traders alike. This latest surge in price has been fueled by a combination of increased institutional adoption, favourable regulatory developments, and growing interest from retail investors.
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