Remember, pension from EPS will be taxable at slab rate, reducing the post-tax income for people who remain in the higher tax brackets after retirement.
Debt-ridden telecom operator Vodafone Idea on Tuesday approved the allotment of equity shares worth Rs 16,133 crore to the government, which post-allocation has become the largest shareholder with a 33.44 per cent stake in the company. The shares have been allocated to the government in lieu of conversion of interest dues arising from deferment of adjusted gross revenue and spectrum auction payments, the company said in a regulatory filing. "...it is hereby informed that the board of directors of the company has, at its meeting held today approved the allotment of 16,133,198,899 equity shares of face value of Rs 10 each at an issue price of Rs 10 per equity share aggregating to Rs 161,331,848,990 to the Department of Investment and Public Asset Management, Government of India," the filing said.
While the outcome will be known once the meeting is over, more than one of the prospective attendees denied the party's ties with the BJP having worsened to an extent to call for a realignment.
Opener Ravi Teja scored an unbeaten century for Hyderabad but Mumbai were in sight of a huge victory on the third day of the Ranji Trophy Elite Division Group 'A match in Mumbai. Mumbai dismissed Hyderabad for a paltry 251 after posting a first innings total of 602 for 6 declared and then, after making the visitors follow-on, reduced them to 166-4 by close.
'It's always been slow and low, they know exactly what to expect there and we know what to expect as well. It's how you mentally prepare, mentally what kind of zone you are in as a team'
Both batsmen scored half-centuries as Pakistan, replying to India's first innings of 626, ended Day 3 in the third and final Test on 369 for 5.
An ONGC helicopter carrying nine persons including two pilots, on Tuesday fell into the sea while attempting to land on a company's rig in the Arabian Sea, the company said, adding that six persons have so far been rescued.
Don't exit from growth-style funds as they may benefit next from a shift in investor preference.
Captain Imran Nazir scored a fine century to rally Sialkot to 261 in reply to Uttar Pradesh's first innings total of 316.
Adam Gilchrist helped Australia to 269 before their bowlers reduced Bangladesh to 124 for five in the second innings
Tata Group's takeover of loss-making national carrier Air India is most likely delayed by a month till January as the completion of procedures taking longer than expected, an official said on Monday. In October, the government accepted the highest bid made by a Tata Sons company for 100 per cent equity shares of Air India and Air India Express along with its 50 per cent stake in ground-handling company AISATS -- the first privatisation in 20 years. At that time, the government had stated that it wanted to complete the transactions, which included Tatas paying Rs 2,700 crore in cash, by December end.
Singapore Airlines' deal with Tata Sons (Tata) will inject a further SGD 360 million ($267 million) into Air India. It will give SIA a 25.1 per cent stake in the enlarged Air India group following its takeover by Tata and merger with Vistara Airlines. The November 2022 deal between Singapore Airlines and Tata Sons to further inject $267 million into Air India is one of the key strategic initiatives for future growth mentioned in the quarterly financial report. This agreement is still subject to regulatory approval. SIA in the statement said, "The merged entity will be four to five times larger in scale compared to Vistara, with a strong presence in all key airline segments in India.
On Friday, Putin formally announced the annexation of four regions -- Donetsk, Luhansk, Kherson and Zaporizhia -- and claimed that "this is the will of millions of people".
Struggling teams Delhi Daredevils and Kings XI Punjab take on each other in an Indian Premier League match in Mohali on Sunday as they desperately seek to get back to winning ways to stay in the hunt for a play-offs berth.
The flood situation in Kurnool and Mahaboobnagar districts of Andhra Pradesh has improved with water levels receding, Chief Minister K Rosaiah said.
Trends that added colour to workplace culture in 2022.
A round-up of all the Ranji Trophy matches played on Monday
Sahara has ploughed at least Rs 1,500 crore from two of its credit cooperatives into the Aamby Valley resort project
Kings XI Punjab beat Delhi Daredevils by six wickets in their Indian Premier League match at the OUTsurance Oval in Bloemfontein on Friday.
Unadkat said things will fall into place once MI manage to open their account.
The tribunal sought to know whether any criminal case was registered and any prosecution was launched against any person for violation of the guidelines for the management of dead bodies covid infected or otherwise.
Dwayne Bravo smashed a six off the last ball as Chennai Super Kings pulled off a stunning five-wicket win over Kolkata Knight Riders in a dramatic Indian Premier League match to keep their hopes of a play-off berth alive in Kolkata.
The government has notified the agreement between Air India and special purpose vehicle AIAHL for the transfer of non-core assets, ahead of the national airline's takeover by the Tata Group. The government had in October last year, inked the share purchase agreement with the Tata Group for the sale of national carrier Air India for Rs 18,000 crore. The Tata Group is expected to take full control of the airline, it founded in 1932, on Thursday. The cash component of the deal would come once the handover process is completed. The Tata Group would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.
While Brijlal Khabri, former BSP MP from Jalaun, is UP Congress Committee chairman, former UP cabinet minister and Mayawati's once close confidant Naseemuddin Siddiqui heads the party's state media department. Completing the ex-BSP troika, Nakul Dubey, former UP cabinet minister in the Mayawati dispensation (2007-12), is one of the six UP Congress regional presidents. He is reckoned among the most active of the three.
Having lost both the singles on the opening day, the Yuki-Saketh pair did put up a fight before losing to the fancied Norwegian duo in an hour and 50 minutes.
It wants subscribers who are 'active' on its network.
Mumbai beat Gujarat by an innings and 163 runs with more than a day to spare in the Ranji Trophy tie.
An extensive experience of playing the Big Bash League in Australia contributed to Jos Buttler and Alex Hales' absolute dominance over India in the T20 World Cup semi-final, said head coach Rahul Dravid.
'If you try to use every resource that you have, you won't feel like you've let yourself down. Don't think because wherever you came from that you cannot be successful. No matter if you make an Olympic team, you gave your heart and you put your heart out there to be as successful as you could be.'
IMAGES from Day 3 of the 3rd Test played between England and New Zealand at Headingley on Saturday.
Umesh Yadav gave a brilliant exhibition of reverse swing bowling before Mitchell Starc's rearguard half-century helped Australia reach a competitive 256 for nine.
Images from the second T20 International between India and Sri Lanka, in Pune, on Thursday.
The Indian men's hockey team produced a lion hearted performance before going down 1-4 to leaders the Netherlands in the penalty shoot-out
Even as the army and Indian Air Force continue their operations to rescue those stranded in Srinagar, tales of heroics are emerging, providing some hope to the public.
A burgeoning third wicket stand between Babar Azam and Abdullah Shafique had kept Pakistan in the contest and the duo continued to frustrate Australia when play resumed.
The government on Monday signed the share purchase agreement with Tata Sons for the sale of national carrier Air India for Rs 18,000 crore. Earlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of the salt-to-software conglomerate, to pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt. Following that, on October 11 a Letter of Intenet (LoI) was issued to the Tata Group confirming the government's willingness to sell its 100 per cent stake in the airline.
The plan, chalked by the West Bengal government and CTC, envisages ferry services on the Ganges between Barrackpore in North 24 Parganas and Babu Ghat in Kolkata.
Chennai Super Kings skipper Ravindra Jadeja on Monday blamed his inept batting line-up for their poor showing in IPL 2022, saying the inability to score runs in the first six overs was hurting the team.
Cavani netted an opportunist 71st-minute equaliser after Allan Saint-Maximin gave the home side a seventh-minute lead with a fine individual effort, side-stepping two markers before he fired past De Gea.
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