In April, a show cause notice was filed by the Department of Revenue, Ministry of Finance, against LTIMindtree, countrys sixth largest IT major, for alleged non-payment of Integrated Goods and Services Tax on export turnover towards service provided to clients abroad.
Jay Shah has been elected unopposed as the Chairman of the ICC, effective December 1, 2024. At 35, he will be the youngest person to lead the global cricket governing body. Shahs election follows a streamlined process with no other candidates. He will succeed Greg Barclay, who did not seek a third term. Shah is set to be the fifth Indian to head the ICC, following past leaders from India.
Hindenburg Research announced a short position in Super Micro Computer, alleging accounting manipulation. The server maker's shares dropped approximately 5% in early trading. Closely linked with Nvidia, Super Micro has benefited from the AI boom. Hindenburg's report also claims other issues like undisclosed related party transactions and export control failures.
Foreign investment in China is rapidly declining. High geopolitical tensions and regulatory unpredictability have led investors to reconsider their positions. Many EU and Japanese firms show caution. India sees an opportunity to attract these wary investors.
Canadian billionaire Prem Watsa's Fairfax Group and Bain Capital are in competition for a buyout of Farmson Basic Drugs, a leading API maker in India valued at ₹4,000 crore. Founded in 1969, Farmson is a major paracetamol manufacturer with a revenue of ₹1,750 crore in FY24. The company's concentrated focus on paracetamol production is a strength, but limited R&D poses challenges for diversification.
Many TMC leaders say Mamata hardly ever consults them & they are clueless about how to deal with outrage over RG Kar case. CM changed tack after realising issue would snowball, they add.
Indhumathi won panchayat election in Tamil Nadu's Nayakaneri village 3 yrs ago, but her election has been fiercely opposed by communities who feel seat should be reserved for STs.
Engineer Rashid's Awami Ittehad Party winning a significant number of seats could undermine mainstream parties' bid to reclaim power.
Both countries had loosened migration rules following labour shortage post-Covid. But record levels of migration have spiked rental prices & unemployment rates, with elections next year.
BJP issued statement distancing itself from remarks by Kangana Ranaut. It said remarks were ‘not opinion of the party’.
Sport is an incredible motivator for students and also it also instils important values for life, principal says. Subject is optional and will count for 20 percent of the grade.
Protesters march to Nabanna: Police seen carting off protesters as they attempted to break through barricades en route Mamata Banerjee's office.
News News: When asked about the BJP targeting Congress on dynasty politics at a news conference in Mizoram, Rahul Gandhi tried to counter the question by allegin
India News: Former Prime Minister Deve Gowda has sacked senior leader C M Ibrahim as the JD(S) Karnataka unit chief for speaking out against the party's decision
News News: NEW DELHI: Samajwadi Party (SP) leader and former Uttar Pradesh chief minister Akhilesh Yadav on Thursday accused the Congress of betrayal in Madhya P.
News News: Samajwadi Party chief Akhilesh Yadav expressed his disappointment with the Congress over seat sharing in Madhya Pradesh and warned that if the Congres