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2024

Новости за 04.07.2024

DPIIT seeks Angel tax, inverted duty removal in Budget

Economictimes.indiatimes.com 

The Department for Promotion of Industry and Internal Trade (DPIIT) has proposed eliminating the Angel Tax for startups ahead of Budget 2024, said Secretary Rajesh Kumar Singh. Introduced in 2012 under Section 56(2)(viib) as an anti-abuse measure to prevent tax evasion, the tax is levied above 30%. DPIIT asserts this removal could enhance capital formation in India.

CBI registers its first FIR under Bharatiya Nyaya Sanhita

Economictimes.indiatimes.com 

CBI registers FIR under Bharatiya Nyaya Sanhita against two Delhi Police officers for demanding Rs 10 lakh bribe to aid in inmate's release from Tihar Jail. Allegations of conspiracy and bribery under investigation. Complainant's claims being verified by authorities.



Heavy rainfall in northwest, northeast India brings overall deficit down to just 3 pc

Economictimes.indiatimes.com 

Heavy rains in northwest and northeast India cut the nationwide monsoon deficit from 11% to 3%, IMD states. Central (14% to 8%) and east/northeast (13% to 2%) deficits dropped; south India saw a 13% surplus. Nationwide: 45% normal, 24% excess, 31% deficient rains, totaling 190.6 mm versus 196.9 mm normal. Early onset stalled, delaying rains in West Bengal.

Delhi HC sets aside Punjab & Sind Bank's decision to withdraw its Rs 120 cr OTS given to real estate co Ambience Pvt Ltd

Economictimes.indiatimes.com 

The Delhi High Court has ruled against Punjab and Sind Bank's withdrawal of a Rs 120 crore loan settlement from Ambience Pvt Ltd. The court deemed the withdrawal as arbitrary and unsustainable. The bank has been directed to release the securities provided by the company. The court clarified that the terms of the settlement, once accepted and sanctioned, are binding. Ambience had made the full payment as per the agreed terms, refuting the bank's allegations of deviation and concealment. A legal dispute... Читать дальше...



DMRC, RVNL sign MoU work as service provider for projects in India, abroad

Economictimes.indiatimes.com 

DMRC and RVNL signed an MoU, signed by PK Garg and Rajesh Prasad, for metro systems, railways, highways, bridges, and tunnels projects in India and abroad. This collaboration aims to leverage expertise in design, construction, consultancy, railway electrification, workshops, and institutional buildings, acting as project service providers, according to an official statement.

Optiemus Infracom in talks with govt, cooperatives to deploy 6,000 drones next year

Economictimes.indiatimes.com 

Optiemus Infracom plans to deploy up to 6,000 drones in India next year, aiming for a revenue of Rs 600-900 crore. Chairman Ashok Kumar Gupta aims to disrupt the market pricing by offering drones with a 10-litre payload capacity for Rs 2.25 lakh each. The company is in talks with the government and cooperatives, focusing on agriculture spray, with plans to invest Rs 140 crore in drone manufacturing.

Madison Media elevates Vinay Hegde to CEO—Investments

Economictimes.indiatimes.com 

Madison Media, part of Madison World, appointed Vinay Hegde as CEO, Investments, recognising his 25-year industry experience and successful track record at Madison Media and Mindshare Fulcrum. Vikram Sakhuja praised Hegde’s expertise in media buying and analytics, expecting superior results. With Hegde at the helm, Madison aims to enhance client media investments. Madison Media, ranked 4th globally, excels in media planning for prestigious clients like Godrej and Asian Paints.

PM Modi shares memorable moments with T20 World Cup-Winning Team India: Here's what he said

Economictimes.indiatimes.com 

Prime Minister Narendra Modi celebrated the Indian cricket team’s T20 World Cup triumph at 7 Lok Kalyan Marg. Team Captain Rohit Sharma and members arrived in Delhi early morning after delays due to a hurricane in Bridgetown, Barbados. Modi shared their interaction on social media, captured in a video with Coach Rahul Dravid. BCCI’s President Roger Binny and Secretary Jay Shah presented Modi a 'CHAMPIONS' jersey with the Team India crest, commemorating their 2 T20 World Cup wins. The event acknowledged... Читать дальше...

Ixigo Q4 Results: Net profit soars 55% YoY to Rs 7.34 crore

Economictimes.indiatimes.com 

Le Travenues Technology Ltd, the parent company of travel booking platform ixigo, on Thursday reported a 55.2 per cent growth in consolidated profit after tax (PAT) to Rs 7.34 crore in three months to March over the year-ago period. The company, which got listed on exchanges last month, had delivered a consolidated PAT of Rs 4.73 crore in the March quarter of FY23, according to a presentation.

UK-based IT firm Noventiq scraps SPAC deal to list on Nasdaq

Economictimes.indiatimes.com 

London-headquartered information technology firm Noventiq and special purpose acquisition company Corner Growth Acquisition have mutually agreed to terminate their blank-check deal, the companies said on Thursday. The two last year struck a SPAC deal that would have resulted in the combined company being publicly listed on U.S. exchange Nasdaq.

Karnataka CM demands Rs 62 Cr from Govt as controversy over illegal allotment of plots to his family rages

Economictimes.indiatimes.com 

Chief Minister Siddaramaiah demanded Rs 62 crore compensation for his family’s land taken by the government amidst controversy over 14 pricey plots allotted to them in Mysuru. Opposition BJP sought a CBI probe, accusing the CM of benefiting his family unfairly. Siddaramaiah defended the allotments, done during the BJP regime, denying any wrongdoing. The BJP alleged a Rs 4000 crore scam and called for arrests in the case.


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Greaves Finance appoints P. B. Sunil Kumar as CEO to accelerate EV financing

Economictimes.indiatimes.com 

Greaves Finance, a Greaves Cotton subsidiary, appointed PB Sunil Kumar as Executive Director and CEO effective July 3, 2024. He will advance financing for electric two-wheelers via the evfin platform. With 25 years' experience, including positions at Taiki Consulting, Tata Finance Ltd, ICICI Bank, and GE Capital Services India, Kumar is also a chartered accountant.

US Presidential Election 2024: Is Joe Biden planning not to contest the upcoming election?

Economictimes.indiatimes.com 

It has been reported that the US President is planning to step aside and let another Democrat contest the upcoming US Presidential Election in November. This is after many Democrats have called for his ouster. His approval ratings too are falling. The president has planned to intensify his political campaign during the weekend.

Equitas Small Finance Bank clocks 35% deposits growth, bucks sectoral trend

Economictimes.indiatimes.com 

Equitas Small Finance Bank, with a priority sector focus, achieved a 35.4% year-on-year deposit growth to Rs 37524 crore by the end of June, surpassing the sectoral average of 12%. Advances increased 17.8% to Rs 34872 crore, although the CASA ratio fell to 31% due to faster term deposits growth. Provisional figures submitted to stock exchanges confirmed these results.

SCO Summit adopts 25 strategic documents in energy, security & trade

Economictimes.indiatimes.com 

The 24th SCO summit concluded with the adoption of the Astana Declaration and approval of 25 strategic documents. Member states emphasized the organization's role in global peace and security. Resolutions covered areas such as terrorism, energy cooperation, and environmental protection.



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