Giri world

Sebi, is reviewing a requirement for listed companies to disclose all penalties imposed by authorities, regardless of the amount, which has increased compliance burden. Previously, companies had discretion in disclosing fines. Critics argue that reporting even insignificant penalties, such as those representing a tiny fraction of a company's market capitalization, leads to unnecessary compliance burden and obscures truly significant disclosures. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/McFemXh >

Companies challenge NAA's methodology, seek remedy in GST Appellate Tribunal. Complexity arises due to lack of clear methodology for individual calculations. FMCG argues increased costs during GST introduction. Furniture companies cite higher import costs. Auto companies mention minimal cost reduction. Court's order poses challenge for GST Council. Slab merger and rate reduction may lead to similar disputes. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/sBpYFcE >

In the institutional Hardens restaurant guides, the ratings are broken down into three separate categories: Food , Service and Atmosphere . Three vital ingredients to any successful recipe in the world of hospitality. As ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/UZOsHDS

The Indian government has released a set of measures to enhance women's participation in the workforce, including gender-neutral recruitment ads, creche breaks, promoting women in management, and providing maternity benefits to highway and construction workers. The government also encourages companies to review procurement practices, address gender pay gaps, and set up hostels for working women. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZhnYGXE >

On Monday, the Sensex surged by 1,241 points, marking the highest single-day gain since December 4, 2023, and closing at 71,942. Reliance Industries led the rally with nearly a 7% surge, contributing to its best daily gain in about three years. The Nifty gained 385 points or 1.8%, closing at 21,738 points. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NOfRk4o >

Gold strengthened on Monday due to increased tensions in the Middle East, which bolstered demand for the safe-haven asset. Additionally, market participants awaited the Federal Reserve policy decision later in the week for further insight into the timing of the first US interest rate cut of the year. Spot gold rose by 0.4% to $2,027.00 an ounce by 12:02 pm ET (1702 GMT). from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/JnMUf0I >

Reddit is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion, according to people familiar with the matter, even as it is estimated below that figure in the volatile market for shares of private companies. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vGbgdPx >

If there is one word to describe the Budget team, it's stability. Not only has finance minister Nirmala Sitharaman stayed her full term and will present her sixth straight Budget, but there are at least two secretaries who would be there for their fifth Budget - a rarity in bureaucracy.Finance secretary T V Somanathan and department of investment and public asset management (Dipam) secretary Tuhin Kanta Pandey have been part of the Budget team since they took over top positions and could well have two full Budgets to deal with in July and Feb 2025. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/5UFEMTk >

The analysis of budget expectations for senior citizens, based on a survey by the Agewell Foundation, reveals significant concerns among the elderly. Key points include the demand for GST exemptions or lower rates on essential products like adult diapers and wheelchairs, a call for more realistic old age pension schemes, and a desire for tax-free investment options. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/kvK8YOL >

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Rana Talwar, the first Indian and Asian to lead a global bank, passed away at the age of 76. He had been unwell for some time. Talwar began his career with Citibank in India in 1969 and played a crucial role in establishing Citi's consumer banking as a leading franchise in the nineties. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/EMu5wdQ >

Yes Bank reports fourfold increase in net profit to Rs 231 crore, driven by lower provisions. The bank's operating profits declined due to modest growth in net interest income and increased operating expenses. Supreme Court to hear petition against stayed Bombay high court order on Yes Bank's write-down of Additional Tier 1 bonds. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/EHli9wp >

Indraprastha Gas Ltd plans to expand its piped natural gas service to 57 villages in Delhi's south-west region. As urban areas near saturation and electric vehicles threaten CNG sales, the company aims to reach rural areas. This initiative is part of the government's goal to increase the share of gas in India's energy basket to 15% by 2030. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2BpIhXG >

India Inc urges government to boost demand through public spending and disinvestment. Ficci recommends major thrust on public capex in forthcoming Budget. CII suggests 20% increase in capital expenditure to Rs 12 lakh crore, urban employment guarantee program, and focus on labor-intensive sectors. Finance minister to present interim Budget on Feb 1. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/OGKu1j6 >

JPMorgan analysts state that JetBlue avoids a costly merger. The market value of Spirit's equity has dropped significantly. It is believed that JetBlue's management and board were no longer committed to the merger. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7Ft8iMg >

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Airbus is set to sign an accord to establish an assembly line in India for the production of H125 civil helicopters. The line will be overseen by Tata Advanced Systems Limited. This agreement is expected to be announced during French President Emmanuel Macron's visit to India. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/B576SkQ >

A year after Hindenburg Research's damaging report against the Adani Group, the conglomerate's market capitalisation has more than doubled. However, it is still Rs 4.7 lakh crore short of its all-time peak. Adani Power, Adani Ports & SEZ, and Ambuja Cements have recovered their lost ground, while Adani Total Gas and Adani Energy Solutions have seen significant value destruction. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ytg5ZKn >

The General Insurance Council introduces the 'cashless everywhere' initiative, allowing health insurance policyholders to access cashless treatment in non-network hospitals. Participating insurers will immediately include non-network hospitals in their network upon receiving a claim. This initiative aims to provide policyholders with a wider choice of hospitals, reduce costs and disputes, and prevent fraud. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3Kv0Glj >

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Foreign funds continued to sell off in the Indian market, with a net outflow of Rs 3,115 crore. In the past seven trading sessions, foreign portfolio investors have withdrawn over Rs 25,000 crore. This is one of the largest outflows in recent months, comparable to the outflows during the early days of the Covid pandemic. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NV8xtkX >

The aptly named Villa in the Woods by Studio Lotus seems to float among the forest as it sits nestled in verdant trees in the Kumaon range in the Himalayas.  ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/GISxMku

Outward remittances by Indians dropped to $1.9 billion in Nov last year, the lowest since Feb 2022. The decline continued due to increased tax collection at source (TCS) in October. Remittances for studies abroad dropped to $208 million in Nov compared to $269 million in Oct, and the average remittance before the TCS was $306 million. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/qogzLsu >

RBI report highlights weakness in unsecured retail loans and credit card outstanding, urging lenders to closely monitor these segments. Personal loans now constitute the largest category of bank credit, while credit cards show a rise in stress. The study emphasizes the need for pre-emptive macroprudential measures and assessing the credit flow to avoid risk buildup. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/XseqC6o >

Despite a 10% increase in thermal power output, coal import for blending at power plants decreased by over 40% in April-December 2023 compared to the same period last year. Domestic coal production and supply rose sharply, resulting in a decline in imports. The government aims to completely stop importing thermal coal by the next financial year. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/EUZIO9e >

I’ve been writing about San Francisco hotels for nearly a decade, yet I’d never experienced the pleasure of a St. Regis San Francisco stay, until now. The hotel’s elegant front entrance is tucked discreetly along Minna St., givin ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/0vXQa8x

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Opting for an unconventional destination wedding in Rajasthan, Ira Khan and Nupur Shikhare decided to host some interesting pre-wedding festivities before they sealed the deal. The couple, who had already registered their marriage in Mumbai, took off to the picturesque state of palaces to celebrate their union further with close friends and family. Amid a cocktail dinner, mehendi, and a Christian-style wedding, Ira and Nupur also hosted a pajama party where every guest at their celebrations could let loose. And needless to say, that’s what seems to have happened! In a video which was shared by the wedding planners of the Ira Khan – Nupur Shikhare wedding, social media users got a glimpse of the pajama party and we must say it was all about candor and comfort. The guests were seen enjoying the bash by dancing, singing, and thoroughly enjoying themselves along with the bride and groom. Unlike other bashes, this one was much more informal where the guests happily mingled and were seen da

Indian Railways plans to collaborate with the Swiss railway to learn from their best practices and procedures, including the hub and spoke model and tunnelling technology. Railway Minister Ashwini Vaishnaw emphasized the importance of learning from Switzerland's expertise in tunnelling technology and highlighted their efficient track technology and seamless train transfers at designated hubs. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/zjrukBT >

Budget 2024 income tax: It is recommended that some changes be made to the new income tax regime to make it more attractive to the taxpayers such as availability of certain deductions like interest on housing loan for self-occupied property, retiral contributions (PF, PPF, NPS). from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ELPXtNu >

Union Bank of India and IDBI Bank reported the highest increase in Q3FY24 net profit at 60% and 57%, respectively. ICICI Bank's net profit rose 23.6% to Rs 10,272 crore, while IDFC First Bank saw an 18% rise in net profit to Rs 716 crore. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/hpRYMyj >

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Sebi has found evidence of merchant bankers inflating IPO subscription numbers to attract investors. The regulator is scrutinizing IPO-related data and will take measures to end such practices. Changes to policies related to public offers may be implemented. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/IhkVOn5 >

Indian Immunologicals Ltd rolls out Havisure, India's first indigenous Hepatitis-A vaccine. The two-dose inactivated virus vaccine, developed over eight years, is priced at Rs 2,150 per dose. Extensive clinical trials have shown that Havisure is safe and efficacious for pediatric, adolescent, and adult use. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/hEu0ozf >

RBI governor Shaktikanta Das hints that rates will stay high until 4% inflation goal is met; rate cuts are not being considered. RBI is focused on achieving the target of 4% inflation and strengthening balance sheets of financial institutions. Food price volatility is also a factor affecting inflation. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2JV3iOM >

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INDIAN POLICE FORCE is the story of cops hunting down a terrorist. On Delhi Police Raising Day, the National Capital is rocked by a series of blasts. Kabir Malik (Sidharth Malhotra), Vikram Bakshi (Vivek Oberoi), Rana (Nikitin Dheer) and others of Special Police Unit of Delhi Police are given the charge of the case. They are joined by Tara Shetty (Shilpa Shetty Kundra), Gujarat ATS chief. The mastermind they are trying to find is none other than Zarar aka Haider (Mayyank Taandon). He’s living as a paying guest at the house of a mechanic Saeed (Lalit Parimoo), who’s also a terrorist. Saeed’s mother and daughter Nafeesa (Vaidehi Parshurami) have no idea about their involvement. Nafeesa assumes Zarar is a perfume seller and falls in love with him. Zarar, meanwhile, is planning his next operation and getting the handlers out of Delhi. When one of the handlers calls home, Kabir’s team finds out their location. They attack the safe house. All the handlers die, except one but Zarar escapes. M

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India aims for $100 billion annual FDI, says Telecom and IT minister Ashwini Vaishnaw. India has gained trust as a reliable partner globally. The country has collaborations with US, Europe, Japan, South Korea. India's growth strategy includes investment in infrastructure, uplifting the bottom pyramid, boosting manufacturing, and simplifying business processes. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xVPRYjF >

In a series of peculiar motor accident claims in India during 2023, insurers faced challenges, along with perhaps a few moments of amusement. Unusual incidents included coconuts unexpectedly landing on cars, stray dogs causing damage, angry peacocks pecking at their reflections, and stressed elephants venting their frustration on vehicles. These incidents, while unique to the Indian market, could easily fit into a funny-fail video. One standout claim involved a buyer unintentionally driving a car right through a showroom window, adding a touch of unexpected humor to the list of insurance headaches. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xPc9n7I >

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Gujarat, Karnataka, Kerala, and Tamil Nadu are the best states for startups, according to the latest rankings. Himachal Pradesh topped among Union territories and smaller states. Bihar and Haryana are considered "aspiring leaders". The rankings are based on various factors including institutional support and funding. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CUI40j3 >

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In a big step-up for the Indian luxury car market, Mercedes-Benz is looking to double installed capacity at its India factory to 40,000 cars per annum as the German giant charts out a strategy to maintain its lead in the country by launching new cars and expanding its footprint. The move, which is in early stages right now, will see the company expand annual installed capacity at its factory - located outside Pune - from the existing 20,000 units. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/fUTDNKu >

Chinese military bodies, state-run artificial intelligence research institutes and universities have over the past year purchased small batches of Nvidia semiconductors banned by the US from export to China, a Reuters review of tender documents show. The sales by largely unknown Chinese suppliers highlight the difficulties Washington faces, despite its bans, in completely cutting off China's access to advanced US chips that could fuel breakthroughs in AI and sophisticated computers for its military. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NTY6PXU >

In an anticipated announcement, Jio Studios presents, Atlee presents #VD18 in association with A for Apple Studios & Cine1 Studios announced their maiden collaboration, the yet-to-be-titled #VD18 directed by A. Kaleeswaran, featuring Varun Dhawan, the movie also marks Keerthy Suresh debut in Hindi cinema and Wamiqa Gabbi’s debut on the big screen. The makers and the cast took to their respective social handles commemorating the auspicious occasion of Makar Sankranti and Pongal to officially unveil the project by sharing glimpses of the traditional Muhurat puja ceremony which was held in Mumbai. Produced by Murad Khetani, Priya Atlee, and Jyoti Deshpande, the team also revealed that the official title of the film will be announced soon. This creative collaboration brings together a dynamic team of industry veterans and talents, promising audiences a 'dhamakedaar' cinematic experience. With Varun Dhawan delighting and treating fans to behind-the-scenes snapshots of the under

Bollywood actor Aamir Khan's daughter, Ira Khan, recently got married to her long-time beau Nupur Shikhare. The duo, engaged since 2023, had a ceremony in Mumbai to sign official documentation this January 2024. Subsequently, the couple had a lavish wedding celebration in Udaipur, culminating in a heartfelt Christian ceremony. This was followed by a grand reception in Mumbai on Saturday night. Ira Khan and Nupur Shikhare arrived in style along with Aamir Khan, Reena Dutta, Junaid Khan, Azad Rao Khan, Imran Khan, and Zayn Marie and Nupur's mother among others. Kiran Rao was missing due to health issues. Several biggies were invited to the ceremony. Veteran legends Rekha, Saira Banu and Hema Malini were in attendance. Rekha draped in a resplendent kanjivaram saree and as always exuded timeless elegance. She met Hema Malini on the red carpet as they posed for the paparazzi. She exchanged a sweet kiss with Hema. Beyond the glamour and glitz, their long-time friendship was captured

Bollywood luminary Aamir Khan's daughter, Ira Khan, recently formalized her relationship with longtime beau Nupur Shikhare. The duo, engaged since 2023, initially sealed their commitment with official documentation in Mumbai this January 2024. Subsequently, the couple orchestrated a lavish wedding celebration in Udaipur, culminating in a heartfelt Christian ceremony. Amidst traditional festivities and joyous nuptials, the families exuded love and elation. Now, the celebrations were brought to Mumbai with a grand reception. Ira Khan, and Nupur Shikhare arrived in style along with Aamir Khan, Reena Dutta, Junaid Khan, Azad Rao Khan, Imran Khan, and Zayn Marie and Nupur's mother among others. Kiran Rao was missing due to health issues. According to an India Today report, over 2500 guests have been invited to the reception in Mumbai at the Bandra Kurla Complex (BKC) venue. From nine different kinds of cuisines to a Gujarati-themed menu, the delicacies will be unlimited. A source t

HCLTech looks to be the star of the quarter ended December, outshining its IT peers with a 4.3% year-on-year revenue growth in constant currency (which discounts impact of currency fluctuations), compared to the year-ago quarter. On the other hand, Wipro's weak performance continued, with a sharp decline of 6.9% during the same period. TOI had reported on Friday that TCS's revenue in the quarter grew 1.7% year-on-year in constant currency, while that of Infosys declined by 1%. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/mrcw5p4 >

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Zee on Tuesday denied reports that said Sony was planning to call off the merger even as the stock price of the Indian media major crashed nearly 13% in early trades. Zee said it remained "committed to the merger and is continuing to work towards its successful closure", following the report that the $10-billion merger, which would create one of the largest broadcasting companies in the country, is on the brink of a cliff. Sony, however, didn't come out with any statement. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/haO6B7M >