Posts

Showing posts from June, 2024

Banks put on alert! RBI warns banks of ‘credible threat intelligence’ regarding cyberattacks

Image
Banks have been asked to enhance surveillance to guard against cyber threats, monitor critical payment systems, and strengthen defences with controls against DDoS attacks. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/I3xHm4a >

Top 5 tax-saving bank FDs: Which banks offer high interest rates & how much will your money grow? Check list

Image
Top 5 tax-saving bank FDs: When choosing a bank for a tax-saving FD, it is essential to compare interest rates offered by different banks rather than simply opting for the bank where you have a savings account. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/j6l2OB9 >

The Intercontinental Chiang Mai: A Towering Treasure In A City Of Temples

"Chiang Mai" means New City in Thai. The name's origin, however, dates to the late 13th century, when Chiang Mai replaced Chiang Rai as the nation's capital. The second largest city in Thailand, it is home to 1.2 million people ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/WyXSAHl

Turbulence in WaPo as daily loses dollars

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SlI8U6Z >

Startup bets dip to $3.1bn in June, Zepto among top

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/If0TplD >

Record St: Sensex tops 79k, Nifty crosses 24k milestone

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MeTwd1G >

This Hilton Head Resortâs Beachfront Location, Food & Spa Are Just A Few Reasons To Linger A Little Longer

There is nothing quite like finding a great waterfront escape with the ocean quietly lapping at the sand just a few steps away. The ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/q5kFvXO

Maharashtra still tops FDI charts but inflow dips 15%

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/5a970P1 >

Aditya Birla Group to invest $50mn in chemical business in Texas

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/tc7ipqb >

Dr Reddy’s to buy UK company's nicotine gum business for Rs 5,000 crore

Image
Dr Reddy's Laboratories is set to acquire Haleon Plc's NRT business, including Nicotinell, for GBP 500 million. The deal encompasses various NRT formats and potential contingent payments. This acquisition marks a significant step for Dr Reddy's in strengthening its position in the global consumer healthcare market outside the US. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iQpA6gE >

Tour of Virgin Hotelsâ Top Suites: Richardâs Flats

Virgin Hotels , the luxury lifestyle hospitality brand by Sir Richard Branson’s Virgin Group, operates eight hotels, six in the United States ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/WhvmqNE

Water crisis may hit sovereign credit health: Moody's

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/qoQH4hm >

The Dolli: A Unique Blend of Art and Luxury in Athens

For art enthusiasts and history lovers, The Dolli offers a unique and enriching travel experience that seamlessly combines contemporary art, histo ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/nfoeyba

Sensex breaches 78,000 mark for 1st time, Nifty at record high as bank stocks surge

Image
The BSE Sensex and NSE Nifty surged to record highs, driven by private bank stocks like Axis Bank, ICICI Bank, and HDFC Bank. The market also witnessed notable achievements such as ICICI Bank crossing a market cap of $100 billion and the current high valuations of Indian equities. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/knV3pcw >

Big fat Indian wedding drives $130 billion industry, average spend/nuptial at Rs 12.5 lakhs

Image
The Indian wedding industry, valued at $130 billion, is the second largest in India after food and grocery. A new report by Jefferies highlights the significant economic impact of Indian weddings, which are twice the size of the US market and a key growth driver for various sectors. It estimated that the average expenditure on a wedding is around $15,000, or Rs 12.5 lakh, and an average Indian couple spends approximately twice on weddings compared to education (pre-primary to graduation). from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/zvhODHK >

Only 195 out of the 31515 ongoing real estate projects have established complaint redressal cells, says MahaRERA

Image
Only 195 out of 31515 real estate projects in the state have established a complaint redressal cell as directed by MahaRERA. Developers are apathetic towards resolving home buyers' complaints post bookings, leading to misunderstandings and grievances. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SBIZY6K >

Beyond Luxury: The Secluded Splendor of Kalesma Mykonos

Nestled atop a serene hillside overlooking the sparkling Aegean Sea, Kalesma has emerged as the hotel of choice for luxury travelers seeking ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/dYRqO82

Standard deduction may rise under new tax regime

Image
The finance ministry is exploring raising the standard deduction for income taxpayers. The NDA govt is cautious about changing the capital gains mechanism. Discussions for the Budget are underway with finance minister Nirmala Sitharaman. The overall mood indicates that most wings of govt are in favour of offering concessions to taxpayers, especially the middle class. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TszQ7Wd >

Global economy resilient and positive but inflation remains challenge: J P Morgan

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/PGMH1SX >

No GST on hostels, rail platform ticket, waiting room, ESOPs

Image
GST Council exempts hostel fees, platform tickets, and more from GST. Hostels under Rs 20,000/month are exempt. Nirmala Sitharaman announces tax exemptions for employee stock options. System reworked to prevent fraud by bogus entities. The move will also benefit thousands of students and working people staying in paying guest accommodations. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Pgc6xZH >

New GST era set to start with end of anti-profiteering clause

Image
GST Council signals intent for rationalisation with possible reduction in slabs. End of anti-profiteering clause from April. New finance ministers join Council. Discussion on compensation cess for products like cars, coal, cola, and tobacco planned. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/be109P7 >

Job creation in private sector strongest in 18 yrs: Survey

Image
India's private sector experiences the highest job creation in 18 years, driven by manufacturing and service sectors with increased demand and global sales. The HSBC survey indicates notable growth, with efforts to clear backlogs, meet rising production demands, and address capacity pressures leading to significant employment increase. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/jDsu1EN >

Zepto scores $665mn as funds ride Q-comm wave

Image
Zepto secures $665 million in funding, with a valuation of $3.6 billion, as investor interest in quick commerce grows. The funding round, led by existing investors Glade Brook Capital, Nexus Venture Partners, and StepStone Group, along with new backers Avenir, Lightspeed, and Avra, will bolster Zepto's balance sheet for a potential IPO in 2025. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/dEtl82G >

Religare's shares rise after Sebi's open offer call

Image
Shares of Religare Enterprises rose over 4% after Sebi instructed an open offer by the Burman Group. Sebi criticized REL and advised seeking approvals. Burman group planned to increase stake in REL, leading to a legal battle with REL in the Delhi High Court involving counter complaints, objections to eligibility, and access to necessary information. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/GcLHDzP >

Chenab Rail Bridge Achieves Big Milestone! Indian Railways Conducts Train Trials On World’s Highest Railway Bridge - Check Top Facts

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/tEDnaso >

Adani amps up green energy bet to 100bn dollars

Image
Adani Group has planned to invest over $100 billion in energy transition projects by 2030, exceeding its previous commitment of $70 billion. The group aimed to build the world's largest single-site renewable energy park in Gujarat, generating 30GW of power, towards its goal of 50GW green energy capacity by 2030. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/5Tezp48 >

Retail inflation easing, food prices remain a concern: RBI

Image
Retail inflation in India is easing, but volatile food prices could reverse the trend. RBI highlights impact of heatwaves on food prices and the need to monitor weather shocks. Despite a 12-month low in May, vegetable and pulses prices remain high. RBI maintains policy rate at 6.5% to align inflation with its 4% target. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/wfD7zg3 >

Nvidia beats Microsoft as world’s most valued company

Image
Nvidia's market value surpasses Microsoft and Apple, driven by AI surge and coveted chips like H100 accelerators, leading to a sales increase of over 125% last year. Analysts from Wedbush Securities, including Daniel Ives, and Baron Capital recognize Nvidia's dominance. Nvidia's CEO Jensen Huang and Michael Lippert from Baron Capital highlight the company's proprietary software and development ecosystem. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Se5DcwU >

Sebi is dealing with F&O trading frenzy: RBI governor

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/HxvkM9W >

Treat Yourself to a Self-Indulgent Long Weekend in Barcelona

My husband and I were embarking on a cruise on the Windstar Wind Spirit in Barcelona to sail the Mediterranean Islands. We decided to go ea ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/GjlP76q

In a 1st, ARCs gain more from loan rejig than selloff in FY24

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/c02KUb3 >

Tata Power installs over 140 charging points for Mumbai EVs; over 850 across India

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xY0fmgd >

Paytm in talks with Zomato to sell its movie, ticketing business

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/HIrJXw6 >

Paytm said in talks with Zomato to sell movie ticketing business

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/L94wvAH >

Adidas begins probe into its China unit after 'large-scale bribery' charge

Image
Adidas, the well-known German sports brand, has launched an investigation into a major bribery allegation involving its employees in China. The probe started after the company received a whistleblower complaint. According to a report by Reuters, citing the Financial Times, senior staff in Adidas' China unit are accused of embezzling "millions of euros." from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vryZA2R >

Vande Bharat sleeper & Vande Metro: Indian Railways to launch two new trains soon; top specials facts you must know

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Tfdp23y >

First Bitcoin ETF to list on Australia bourse

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/eMYKH7o >

Infosys wins $100 million Ikea deal

Image
Infosys has won an over $100 million (Rs 850 crore) deal from Swedish retailer Ikea, outpacing incumbents HCL, Capgemini and DXC, and other regional players. About 350 roles at Ikea will be impacted across China, France, Germany, India, Poland, Sweden, and the US, and these employees will transition to Infosys. "It has been a three-year long but fulfilling journey that started with cold calling and some initial connections and culminated in a strategic partnership," an email sent by Infosys to select employees showed. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1QIZJ9i >

Atlantis The Royal: Dubai's Newest Jewel for the Luxe Traveler

JustLuxe readers, get ready for an exclusive experience. Dubai's iconic Palm Jumeirah has a new crown jewel: Atlantis The Royal. Opened in February 2023 with a concert featuring none other than global musical legend Beyonce, this ultra-luxe r ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/IWLkAbh

Hyundai plans Rs 25,000 crore IPO, India's biggest

Image
Korean car major Hyundai Motor is looking to sell around 17% stake in its Indian arm through an initial share sale (IPO), which may be India’s biggest issue so far, to raise as much as Rs 25,000 crore (around $3 billion), valuing the company at around $18 billion, or around Rs 1.5 lakh crore. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/UZdXEYf >

Adani buys Penna Cement from Reddys in Rs 10,000 crore deal

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7iIwxyO >

Will pursue reforms to push growth, macro stability: Finance minister

Image
Finance minister Nirmala Sitharaman said the Modi govt intends to move on the reforms path to boost macroeconomic stability and growth, amid indications that the Union Budget will be presented around the third week of July, with consultations set to kick off over the next few days. After taking charge as finance minister for a second term, Sitharaman said the govt is fully committed to ensuring 'Ease of Living' for its citizens and will continue to take more steps. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/GqWwEnb >

Gold rate today: Prices near Rs 71,547 per 10 grams; bullion sees 12% gains so far this year

Image
Gold prices on MCX remained steady as investors awaited US inflation data and the Federal Reserve's upcoming interest rate decision. Bullion has gained 12% this year, supported by Fed rate cut expectations, safe-haven demand, and purchases by central banks. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AheXg25 >

Stock market today: BSE Sensex up over 150 points near 76,600 level; Nifty50 above 23,300

Image
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. While BSE Sensex moved up above 76,600, Nifty50 was near 23,300. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ODcL0ME >

Over 15.4 million developers in India build on GitHub, to surpass US by 2027

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/I1vVCgd >

Paytm trims workforce, more layoffsmay follow

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0IxHrh7 >

Sensex hits 77k for first time, ends lower on profit-booking

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DareYPy >

Budget 2024: Modi 3.0 government to focus on job creation and private investment growth - details here

Image
Budget 2024: The NDA government, led by Narendra Modi, aims to boost job creation and private investment through targeted policy measures inspired by long-term strategies. The Union Budget 2024, expected to be unveiled in early July, will outline specific measures to achieve these objectives. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DQ1XMwt >

Paytm lays off undisclosed number of employees, says it is providing outplacement support

Image
Paytm layoffs: Paytm claims it is providing outplacement support to laid off employees, collaborating with over 30 companies that are currently hiring and assisting those who have chosen to share their information to facilitate their immediate outplacement. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/s1cTqvY >

Diesel prices jump 56% as Malaysia revamps decades-old fuel subsidies

Image
Diesel price in Malaysia surged by over 50% as part of fuel subsidy reforms led by PM Anwar Ibrahim to tighten government spending and redirect subsidies to the needy. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/I7UfxJ4 >

India's aviation market growth needs to be matched with capacity; open for partnerships: Emirates CCO

Image
Emirates Airline Deputy President Adnan Kazim emphasizes the need for increased capacity in the Indian aviation market and more competition to benefit consumers. He pitched for increased bilateral flying rights between Dubai and India. On whether Emirates is looking for partners in India, Kazim said it is open to any such future engagements. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2KtIJ3g >

Instant flour mixes for dosa, idli, khaman cannot be classified as sattu; to attract 18% GST

Image
The Gujarat Appellate Authority for Advance Ruling has ruled that instant mixes like idli and dosa should be taxed at 18% GST, rejecting a company's plea for a 5% tax rate. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8wOkx6R >

GX Group expects 66% revenue growth to Rs 500 crore in 2 years, to double exports

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gs6F7OP >

DGCA de-rosters air traffic controller for aircraft close call at Mumbai airport

Image
Air India flight AI657 from Mumbai to Thiruvananthapuram had started the take-off roll and was gaining speed to lift off when an IndiGo on final approach crossed the runway threshold to land. IndiGo flight 6E5053 had come in from Indore. The close call was caught on camera by plane spotters. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/6oHvBAe >

RBI raises FY25 GDP forecast to 7.2%

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ny9O5XC >

Sebi raps ICICI Bank over lobbying for I-Sec delisting

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Pa1Ipks >

1 Hotel Central Park: A Bucolic Sanctuary In Manhattan

On the corner of 58th and 6th Avenue, 1 Hotel Central Park is ideally situated just one block from Central Park. Adorned with 36,000 iv ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/NEjdm3A

For some businesses, coalition government is an uncharted territory

Image
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xwKR0yL >