The ED had attached Sai Resort NX, constructed over the land located at Gut no: 446, Murud in Ratnagiri's Dapoli, in January.
'2019 was fought on delivery. But in 2024, you can see the before and after effects.'
The Indian entrepreneurship success story will soon see one more company debuting on the public markets. Ola Electric, the electric vehicle (EV) company, has become the first such firm that has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for its initial public offering (IPO). This is a fresh issue of equity shares of up to Rs 5,500 crore and an offer for sale (OFS) of more than 95 million equity shares at a face value of Rs 10.
Consumer goods firms and auto companies are witnessing an upturn in rural demand, which had been lagging for most of FY24. Expectations of a bumper rabi crop harvest have helped turn the tide. The Reserve Bank of India's (RBI's) Monetary Policy Committee kept the repo rate unchanged last week, noting that as rural demand catches up, consumption is expected to support economic growth in 2024-25.
The government has exempted units of investment trusts and ETFs issued by entities based in GIFT City or traded in exchanges there from capital gains tax. The Central Board of Direct Taxes (CBDT) notified the exemption from capital gains tax any unit of investment trust; a unit of a scheme; and a unit of an Exchange Traded Fund (ETF) launched under the International Financial Services Centres Authority (Fund Management) Regulations, 2022. Gujarat International Finance Tec-City (GIFT)-IFSC is being promoted as a tax-neutral enclave for the financial sector.
Only three countries (United States, Russia and China) have successfully landed spacecraft on the airless lunar surface.
In a multi-part series, Joginder Tuteja keeps you informed about the theatrical releases coming up in 2024.
Ukrainian President Volodymyr Zelenskyy makes a surprise visit to the UK in his second visit outside Ukraine since the Russian invasion nearly a year ago.
The palace said the Queen Mary Crown was removed from display at the Tower of London to be repurposed for the ceremony on May 6 with jewels paying tribute to the late Queen Elizabeth II.
Scoop seems like they conclude he is but Vaihayasi Pande Daniel recommends that you watch the film to find out for yourselves.
The courts in Pakistan have been flooded with petitions as candidates, mostly backed by jailed former prime minister Imran Khan's Pakistan Tehreek-e-Insaf (PTI), challenged the results of Thursday's general elections, alleging rigging.
Indian fintechs and associated entities are hoping that the Union Budget 2024 will provide a boost and empower firms to extend their reach beyond Tier-II regions, with an emphasis on supporting enterprises led by women. The fintech industry, which has witnessed regulatory reforms over the last year, expects the Budget, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, will further encourage financial inclusion, empower micro-small-medium enterprises (MSMEs) with lending solutions, and push for upskilling initiatives for the country's young workforce.
As the year 2023 comes to an end, a look at some newsy events that shaped the world in the first half of the year.
UltraTech Cement's third quarter of financial year 2023-24 (Q3FY24) performance saw a combination of 6 per cent year-on-year (Y-o-Y) volume growth and 8 per cent revenue growth coupled with better realisations per tonne. The earnings before interest, taxes, depreciation, and amortisation (Ebitda) stood at Rs 3,250 crore and Ebitda per tonne was Rs 1,191. Profit after tax (PAT) was reported at Rs 1,780 crore. Other income dipped and interest costs rose.
The Madras high court on Tuesday observed that the continuance of V Senthil Balaji as a minister without portfolio in the MK Stalin-led Tamil Nadu cabinet will serve no purpose and it does not augur well with the principles of good governance and purity in administration.
The safety and security of citizens is primary for the government, he said.
Wind speed at the time is expected to be in the range of 125-135 kmph gusting up to 150 kmph.
The Supreme Court refused to stay Allahabad high court's December 14 order which allowed the primary survey of the Shahi Idgah complex adjacent to the Shri Krishna Janmabhoomi Temple in Uttar Pradesh's Mathura by a court-monitored three-member team of advocate commissioners.
'I'm honoured to mark the unforgettable occasion of the #Coronationconcert by wearing the collaborative vision of two of the most incredible designers from the two countries I'm lucky to call home.'
It is only the Indian approach of holding on to multiple realities and contradictory ideas simultaneously that is likely to deliver peace and progress. Binary logic is out of sync with reality, notes R Jagannathan.
Wen Johnson (24) had intruded into the pitch at Ahmedabad's Narendra Modi Stadium just before the drinks break in the final at around 3pm, but was immediately apprehended by security personnel as he approached batter Virat Kohli.
While the Army will be getting around 100 light utility helicopters, it is also looking at the option of taking choppers on lease to meet its requirement.
Last year's open-water swim competitions took place at the French capital's Parc de la Villette in northern Paris.
Maruti Udyog on Wednesday launched Euro III-compliant versions of compact cars Zen and WagonR and Baleno sedan, sporting higher price tags, and plans to increase steel procurement from the domestic market.
Khichdi needs a lot more masala, observes Deepa Gahlot.
The Supreme Court on Friday refused to stay the proceedings before the Allahabad high court on suits related to the Sri Krishna Janambhoomi-Shahi Idgah dispute, saying it will not be fair to interfere with the high court order without hearing both the sides.
The Quad summit to be hosted by India in 2024 is likely to enhance New Delhi's strategic intent.
Taking note of a plea of an Aam Aadmi Party councillor alleging wrongdoing in the polls, the court issued notices to the Chandigarh authorities, including the civic body.
The Mizoram assembly elections passed off peacefully on Tuesday with over 77 per cent of 8.57 lakh electors exercising their franchise, officials said.
The income tax department has notified rules for valuation of equity and compulsorily convertible preferable shares issued by startups to resident and non-resident investors. As per the changes in Rule 11UA of I-T rules, which comes into effect from September 25, the Central Board of Direct Taxes (CBDT) provides that the valuation of compulsorily convertible preference shares (CCPS) can also be based on the fair market value of unquoted equity shares. The amended rules also retain the five new valuation methods proposed in the draft rules for consideration received from the non-residents viz., (i) Comparable Company Multiple Method, (ii) Probability Weighted Expected Return Method, (iii) Option Pricing Method, (iv) Milestone Analysis Method, and (v) Replacement Cost Method.
They have three children: Xavier (15), Ella-Grace (14), and Hadrien (9).
Weeks after he visited a gurdwara, Britain's King Charles III and Camilla, the queen consort, visited Brick Lane, the heart of England's Bangladeshi community in London, on Wednesday.
A bench of Justices Sanjiv Khanna and Dipankar Datta stayed the implementation of the December 14, 2023, order by which it had agreed to the appointment of a court commissioner to oversee the survey of the mosque premises which, the Hindu side claims, hold signs suggesting that it was a temple once. However, the apex court made it clear that proceedings before the high court in the dispute including the maintainability of the suit under Order 7 Rule 11 of the Civil Procedure Code (CPC) will continue.
With inadequacies in the Russian MiG-29Ks that India bought to operate off the INS Vikramaditya and INS Vikrant, the acquisition of a capable, long-range multi-role carrier-based fighters will be critical for India's naval power.
The State funeral for Queen Elizabeth II, Britain's longest-serving monarch, began on Monday morning at the Westminster Abbey in London.
Herzog further claimed that Iran is supporting the "terror machine" by providing billions of dollars aiming to undermine the regional situation.
Anurag Maloo went missing on Monday after he fell from around 6,000 metres while descending from Camp III.
The overall Air Quality Index (AQI) of Delhi stood at 398 at 11 am, worsening from 357 at 4 pm on Friday. It was 354 on Thursday, 271 on Wednesday, 302 on Tuesday and 312 on Monday (Diwali).
