Japanese tech investor SoftBank may end up investing around $1 billion in India in 2022, nearly a third of what it did last year, according to people closely tracking its plans. Last year, SoftBank undertook investments of $3.2 billion in 12 deals. In the first five months of CY22, the giant investor has invested $400-500 million in five deals.
Sukanya Verma applauds the man, the movies and the many, many, MANY memories he's created on big screen through 80 Amitabh Bachchan moments.
The Reserve Bank of India (RBI) has at last rung down the curtain on administered lending rates by freeing the interest rate on savings bank accounts.
Investor wealth surged Rs 602,001.9 crore in two days of market rally which was supported by positive global cues. The 30-share BSE index on Tuesday closed at 50,136.58, an increase of 1,128.08 points or 2.30 per cent. During the day, it gained 1,259.95 points to touch 50,268.45. On Friday, the benchmark had closed 568.38 points higher. Markets were closed on Monday for Holi. Driven by the rally, the market capitalisation of BSE-listed companies soared Rs 602,001.9 crore to Rs 2,04,77,472.33 crore in two trading days.
Jaitley said an effective multi-modal logistics and transport system will "make our economy more competitive.
India Inc is poised for a dividend payout increase in 2010-11, due to an expected 18 per cent growth in net profit.
Led by engineering services sector, the projected jump of 12.9 per cent in salaries for this year is higher than the actual increase of 11.7 per cent seen in 2010.
Led by fast-growing sectors such as telecom, consumer durables and real estate, HR experts feel that hiring is most likely to jump.
Exteriors of Innova always charm the onlookers but this new version has additional features to impress car lovers.
Earlier, the minister faced ire of Opposition members in Rajya Sabha as they accused him of not giving specific replies to questions on Aadhaar-based direct subsidy transfer to domestic cooking gas consumers.
The foreign institutional investors party continues on Dalal Street unabated, with net investment by FIIs in stock markets surging past the $50-billion milestone for the first time in the country's history.
With the government putting strong emphasis on job creation, experts on Thursday said measures proposed in the union budget can help create 5-8 million jobs in next 3-4 years across various sectors.
The spurt in online sales during the festival season is expected.
The inaugural Sangamam turned out to be a political Hindutva function than a gathering on the Hindu religion, observes N Sathiya Moorthy.
They opt for upfront discounts rather than reduced interest rate offers.
"Every Cricket enthusiast would like to watch the matches in the best quality format. Hence it is obvious that players are hoping for a good sales year. But this will also mean plethora of schemes for the users to chose from," said a market expert.
Amit Shah believes Bandi Sanjay Kumar is 'single-handedly' capable of unseating the TRS government in the December 2023 assembly election and there is no need for the BJP's central leaders to jump into the Telangana scene.
The decision to provide higher DA to employees will cost the exchequer an additional Rs 9,303.2 crore (Rs 93.03 billion) per annum, an official spokesperson said after a meeting of the Union Cabinet, where it was decided to raise the allowance.
There is good news and even better news for gold consumers - prices of the precious metal have fallen to a nine-month low of Rs 8,725 per ten grams right ahead of the marriage season and are set to dip further in the coming weeks.
A cross-border takeover thriller that not only saw corporate action but also diplomatic dealings and slugfests among bankers.
Make sure that the waiting period on pre-existing diseases does not exceed two years. Avoid policies that come with room rent and ICU capping, suggests Sanjay Kumar Singh.
These are the key proposals in the city's yet-to-be notified masterplan that breaks Delhi Development Authority's monopoly over acquisition of new land for development.
Together with its share buyback worth Rs 16,000 crore completed in January this year, TCS shareholders will receive a record Rs 30,250 crore from their company in FY21.
Equity infusion of Rs 4,000 crore into Air India, proposed by Finance Minister Pranab Mukherjee in Union Budget 2012-13, will improve the debt-equity ratio of the airline to a level considered comfortable and help open the doors of banks for them.
In a major concession to the Bangalore-based GMR-led consortium Delhi International Airport Ltd that is operating and upgrading Delhi airport, the government has allowed it to impose airport development fees on passengers that will help them raise up to Rs 1,827 crore over three years. The move also means that the government has forfeited its share of revenue since DIAL has been allowed to levy Airport Development Fees and not User Development Fees.
The United Progressive Alliance government on y announced schemes worth more than Rs 3,000 crore for different sections of students. All these will be operational from the current financial year.
Someone suggested Jaishankar was a potential Kissinger who could try and resolve the Russia-Ukraine imbroglio through his intellectual and diplomatic strengths. But calling the spade a spade on issues like imperialism, colonialism and exploitation, he would have raised many eyebrows in the West at a time when the fractures and wounds needed to be treated and healed, observes Ambassador T P Sreenivasan.
The revenue will accrue to the government as the organisations will be required to deduct tax at source while making payments to players, umpires, coaches, commentators and others involved with the tournament.
Hiring may exceed 400,000 in 2011-12; but laterals more sought after, as companies augment bench strength.
Releasing a report titled 'Profiting from Pain' in Davos, the rights group further said as the cost of essential goods rises faster than it has in decades, billionaires in the food and energy sectors are increasing their fortunes by $1 billion every two days.
The steep one percentage points increase has taken the interest on PF deposits of 4.71 crore organised sector workers to a five-year high.
Telecom regulator TRAI on Monday said mobile operators would be paying only Rs 8,125 crore (Rs 81.25 billion) towards excess spectrum charges, as they would be saving over Rs 6,440 crore (Rs 64.40 billion) on account of lower annual licence fees.
He said the accord will lead to transformative results for Bodos as it successfully brings together leading stakeholders under one framework and would help Bodo people get access to development-oriented initiatives.
The World Athletics Championships have been moved back 11 months to July 2022 to avoid clashing with the Tokyo Olympics, which have themselves been delayed by the coronavirus outbreak, the sport's governing body said on Wednesday. World Athletics confirmed in a statement that the event, which is usually held every two years, would now take place from July 15-24 in 2022 in Eugene, Oregon.
'I see a virtually zero impact on the sales of new vehicles with this move,' said an expert
United States President Barack Obama warned that a Florida pastor's plans to torch copies of Quran during the anniversary of 9/11 attacks could lead to a "recruitment bonanza" for Al Qaeda as he asked him to "listen to those better angels" and call off the "stunt".
The Commonwealth Games Federation (CGF) Executive Board has approved the minor change for the Games, which will now be held between July 28 and August 8.
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