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30.11 / 07:39
markets BTC Google Strategy Sustainability awards AVP OVL completes acquisition of Equior's stake in Azerbaijan oilfield for $60 mn
ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), has completed the acquisition of Norwegian firm Equinor's stake in an Azerbaijan oilfield and an associated pipeline for USD 60 million, the firm said in a statement. OVL «has completed the acquisition of 0.615 per cent participating interest (PI) in offshore Azeri Chirag Gunashli (ACG) field in Azerbaijan from Equinor. This also includes the acquisition of 0.737 per cent shares of Baku Tbilisi Ceyhan (BTC) pipeline company through its wholly-owned subsidiary ONGC BTC Limited», a company statement said. The firm had signed a sale purchase agreement (SPA) for the stake buy in July and the deal was completed on November 29.
30.11 / 07:39
markets UPS Google Strategy Sustainability Experts AVP Attention GST taxpayers: November 30, 2024 is last day to claim pending input tax credit by filing GSTR 3B
input tax credit (ITC) or amend any errors or omissions in compliance with the Goods and Services Tax (GST) rules and regulations for FY 2023-24 by GST-registered taxpayers. If the taxpayer misses today’s date, he/she may lose out on claiming ITC benefit for FY 2023-24 under GST if any ITC claims are pending. It will result in a loss for the taxpayer as he/she will not be able to offset output GST liability with input tax credit. Dinesh Jotwani, Co- Managing partner at Jotwani Associates says, «Section 16(4) of the Central Goods and Services Tax Act, 2017 reads as follows: A registered person shall not be entitled to take input tax credit in respect of any invoice or debit note for supply of goods or services or both after the due date of furnishing of the return under section 39 for the month of September following the end of financial year to which such invoice or invoice relating to such debit note pertains or furnishing of the relevant annual return, whichever is earlier. Therefore, all GST-registered taxpayers must claim any pending input tax credit (ITC) for FY 2023-24 by November 30th. This is also the deadline for filing a GST form to amend any errors or omissions. Please do so to avoid the loss of Input Tax Credit Benefits.” Also Read: GSTN approves 5 apps for faster GST invoices verification
30.11 / 07:39
COST Provident Target Platform Strategy testing Stealth destroyer to be home for 1st hypersonic weapon on US warship
US Navy is transforming a costly flub into a potent weapon with the first shipborne hypersonic weapon, which is being retrofitted aboard the first of its three stealthy destroyers. The USS Zumwalt is at a Mississippi shipyard where workers have installed missile tubes that replace twin turrets from a gun system that was never activated because it was too expensive. Once the system is complete, the Zumwalt will provide a platform for conducting fast, precision strikes from greater distances, adding to the usefulness of the warship. «It was a costly blunder but the Navy could take victory from the jaws of defeat here, and get some utility out of them by making them into a hypersonic platform,» said Bryan Clark, a defense analyst at the Hudson Institute. The US has had several types of hypersonic weapons in development for the past two decades, but recent tests by both Russia and China have added pressure to the US military to hasten their production.
30.11 / 06:37
UPS Provident Analysis Research wellness Trade information Invest in banking like Warren Buffett: Own a ‘castle’
Subscribe to enjoy similar stories. Warren Buffett has said he looks for businesses that are like castles, protected by moats. Some of today’s best moats aren’t filled with sharks, though—they are packed with data and analysis.
30.11 / 06:23
UPS wellness Bill students reports Fate of $250 cheques uncertain as Freeland laments lack of support
tax holiday” bill moves closer to becoming law, the deputy prime minister on Friday lamented what appears to be a lack of support for the proposed $250 rebate cheques that were originally part of the federal government’s plan.The $250 cheques for Canadians who worked and earned up to $150,000 in the past year were proposed last week alongside the two-month holiday on GST and HST on certain items as a way to ease affordability concerns. The Liberals’ plan is for the tax break to take place from Dec.
30.11 / 04:37
COST security Election wellness President country reports Canadian Prime Minister Trudeau flies to Florida to meet with Trump after tariffs threat
Canadian Prime Minister Justin Trudeau has flown to Florida to have dinner with President-elect Donald Trump at his Mar-a-Lago club after Trump threatened to impose sweeping tariffs on Canadian products
30.11 / 04:25
SEC WhatsApp Why are Japanese & Middle Eastern banks maintaining ties with Adani Group unlike western banks? Sanjay Asher explains
Sanjay Asher, Senior Partner, Crawford Bayley & Co, says there would be a legal divide between the European banks and the Middle Eastern and the Japanese banks. Having regard to the facts and circumstances, if the Japanese and the Middle Eastern banks had come to a decision to support the Adani Group, then they would have surely done their homework. Are banks seeing problems associated with Adani Group on a long-term basis and not short term? Sanjay Asher: Absolutely, they are seeing from a long-term basis. They would have analysed the facts and circumstances and then they would have come to a decision or a conclusion that they want to support the Adani Group. They would have considered not only the financial position but also the legal position as it stands before the SEC and the DOJ and then come to this particular decision in my view.
30.11 / 04:25
markets Digital Strategy economy awards performer reports India's GDP expected to fall below 6.5 pc in FY25 amid slowdown in GDP growth in second quarter: SBI
The report highlighted that the real GDP growth in the first half (H1 FY25) stood at 6.0 per cent, with a projected growth of 6.5-6.8 per cent in the second half (H2). As per report the manufacturing-led slowdown significantly impacted the overall economic performance. The industry sector's growth declined to a six-quarter low of 3.6 per cent in Q2, contributing to the subdued GDP numbers.
30.11 / 04:25
markets Action security Strategy Analysis Research Trade No negative action taken by stakeholders: Crisil reaffirms ratings for Adani companies
Crisil Ratings has reaffirmed its credit ratings for Adani Group entities, citing sufficient liquidity and robust operational cash flows despite ongoing legal challenges. It pointed out that lenders and investors haven't taken any negative actions against the group.
30.11 / 04:25
markets Target Strategy Analysis Research Trade hospital HSBC high on hospitals; retains buy on Apollo, KIMS
HSBC retained its 'Buy' rating on Apollo and KIMS and raised the price targets on Rainbow and Aster with a significant capex cycle underway for hospitals in India in 2025. The brokerage said structural drivers such as an ageing population, an increase in lifestyle-related disorders and rising health insurance coverage remain intact for the growth of hospitals.
30.11 / 04:25
markets Digital Celebrity PAM social Features JD Vance’s ‘cooked America’ Thanksgiving post goes viral for all the wrong reasons
Vance, who captioned the image without hesitation, became the subject of widespread discussion, with many interpreting the meme as a symbol of his loyalty to Trump. The image triggered heated reactions across the political spectrum.
30.11 / 04:25
markets Citi Digital trends PAM exclusive reports Million Dollar Listing! The ₹279,000 crore surge in India’s luxury housing market with aamchi Mumbai touch
affluent buyers prioritising exclusivity, lifestyle enhancements, and high-end living spaces. Despite global economic uncertainties, the demand for premium real estate has remained robust, reflecting the long-term confidence of wealthy buyers in this investment segment. According to CREDAI-MCHI, the first half of FY 2024-25 witnessed an 18% growth in total sales value across India’s top seven property markets, reaching ₹279,309 crore. This growth came even as the number of units sold fell by 3%, indicating a strong preference shift toward luxury homes. Average home prices jumped to ₹1.23 crore, compared to ₹1 crore in the same period last year. Cities like Mumbai, Delhi-NCR, and Bengaluru have emerged as leaders in this segment. The Mumbai Metropolitan Region (MMR) retained its dominance with a stable average ticket size of ₹1.47 crore and a 2% rise in sales value to ₹114,529 crore. Other cities, including Hyderabad, Chennai, and Pune, also reported significant increases in average ticket sizes, highlighting a nationwide trend.
30.11 / 04:25
Man Food social information Schools Man, who was kidnapped and turned into labourer as a kid, reunites with family after 30 years
Singh revealed that his captors fed him just once a day and frequently subjected him to physical abuse. His circumstances changed when a compassionate individual noticed his suffering and helped him escape, dropping him off in Ghaziabad. From there, with the assistance of local police, Singh was finally able to reconnect with his family. «When along with my sister, I was returning from school, some people kidnapped us and took us to Jaisalmer, Rajasthan… I used to rear sheep and goats in the village… They used to tie me to a tree and give me food only one time in the evening… They used to beat me… A person saw me in this condition and dropped me off in Ghaziabad… Then the police station offered me help and reunited me with my family..” he told ANI.
30.11 / 04:25
Citi WhatsApp hospital patient Kolkata hospital says it won't treat Bangladeshi patients
«We have issued a notification that from today till an indefinite time we will not admit any Bangladeshi patient for treatment. This is primarily because of the insults they have shown towards India,» said hospital official Subhranshu Bhakt. He urged other hospitals in the city to do the same as a mark of protest against the alleged atrocities on minorities in Bangladesh.
30.11 / 04:25
markets UPS IPO FIVE Trade reports Zomato bags Rs 8,500 crore via QIP, Motilal Oswal puts in Rs 1,700 crore
Zomato has closed its qualified institutional placement (QIP) to raise ₹8,500 crore, the company said in a filing to the stock exchanges on Friday. The shares were priced at ₹252.62 which is at a nearly 12% discount to Zomato's Thursday closing price of ₹286.10 on the BSE.
30.11 / 04:25
markets UPS Digital Strategy Food students country Italian companies have invested USD 6.5 billion in India: Lorenzo Tavazzi
European House Ambrosetti group's senior partner Lorenzo Tavazzi has said Italian companies have invested USD 6.5 billion in India, which speaks of the importance accorded to the world's fastest growing major economy, and stressed that there are a lot of opportunities for growth. Tavazzi, who heads TEHA's Scenarios and Intelligence Areas, was speaking in Mumbai on Friday after the inauguration of the Villaggio Italia exposition, being held to coincide with the port of call of Amerigo Vespucci, an Italian Navy ship used for training and supporting national diplomacy. Speaking at a panel discussion curated by top Italian news agency ANSA in connection with the ship's arrival in Mumbai, Tavazzi said Italy can help India's aspirations on the energy transition and transport fronts with its expertise in sustainable technologies and also high-speed rail. Alessandro Giuliani of SDA Bocconi Asia Center, a Mumbai-based management education institute, said that given the commonality on the food front, wherein the culinary habits of both the countries focus on usage of spices, Indian students should feel at home if they go to study in Italy.
30.11 / 03:13
Forbes Updates Bangladesh Women vs Ireland Women Live Score: 2nd ODI of Ireland Women tour of Bangladesh, 2024 to start at 09:30 AM
Venue : Shere Bangla National Stadium, Mirpur, Dhaka Bangladesh Women squad - Fargana Hoque, Murshida Khatun, Sarmin Sultana, Sharmin Akhter, Sobhana Mostary, Taj Nehar, Fahima Khatun, Mst Ritu Moni, Shorna Akter, Dilara Akter, Nigar Sultana Joty, Disha Biswas, Fariha Trisna, Jahanara Alam, Jannatul Ferdus, Marufa Akter, Nahida Akter, Rabeya, Sanjida Akter Meghla, Sultana Khatun Ireland Women squad - Gaby Lewis, Leah Paul, Sarah Forbes, Una Raymond-Hoey, Alice Tector, Arlene Kelly, Laura Delany, Orla Prendergast, Amy Hunter, Christina Coulter Reilly, Aimee Maguire, Alana Dalzell, Ava Canning, Cara Murray, Freya Sargent Bangladesh Women vs Ireland Women Match Details 2nd ODI of Ireland Women tour of Bangladesh, 2024 between Bangladesh Women and Ireland Women to be held at Shere Bangla National Stadium, Mirpur, Dhaka at 09:30 AM.
30.11 / 02:53
Extreme BAY Southern Department Schools Colleges boating Cyclone Fengal Tracker Live: IMD issues red alert for Tamil Nadu, Andhra Pradesh; landfall likely today evening
Cyclone Fengal Tracker Live: Cyclone Fengal is expected to make landfall on the coast of Tamil Nadu today evening and the India Meteorological Department has issued a red alert for various parts of the southern states in view of incessant rainfall.The IMD stated that the cyclonic storm Fengal, located over the southwest Bay of Bengal, moved north-northwestward at a speed of 7 km/h during the past six hours. As of 11:30 PM IST on November 29, it was centered over the same region near latitude 11.8°N and longitude 81.7°E, about 360 km north of Trincomalee, 230 km east-northeast of Nagapattinam, 210 km east of Puducherry, and 210 km southeast of Chennai.The cyclone is likely to continue moving west-northwestward and cross the north Tamil Nadu-Puducherry coasts between Karaikal and Mahabalipuram, near Puducherry, as a cyclonic storm with wind speeds of 70-80 km/h, gusting to 90 km/h, during the afternoon of November 30.As per IMD Head of Cyclonic Division, Ananda Das a red alert has been issued in view of heavy to extremely heavy rainfalls in several parts of Tamil Nadu, South Andhra Pradesh, Kerala and interior Karnataka.He further said that the coastal districts of North Tamil Nadu and South Andhra Pradesh will receive heavy rainfall, adding that on November 30, there will be heavy rainfall in the interior area of Tamil Nadu.Cyclone Fengal Tracker Live: Currently, a total of 471 people from 164 families have been sheltered in six relief centers across the Tiruvarur and Nagapattinam districts.
30.11 / 02:53
UPS Waters Boeing Sony reports Features Sporting Upcoming phone launches in December 2024: iQOO 13, Vivo X200, OnePlus 13 and more
iQOO 13 is set to make its India debut on December 3 with the Snapdragon 8 Elite processor and claimed AnTuTu scores of over 3 million. iQOO has confirmed that the phone will come with a 6,000mAh battery and support for 120W fast charging.
30.11 / 02:53
UPS FIVE Manufacturing security Enterprise Bill Cycling Defence contracts emerge as key business for telecom infra makers
Subscribe to enjoy similar stories. India's push for local manufacturing is prising open a new business frontier for domestic telecom equipment manufacturers.
30.11 / 02:53
UPS Provident Progressive Food rights Sporting chess Viswanathan Anand is creating an academy of grandmasters
Subscribe to enjoy similar stories. One of the things that has surprised Viswanathan Anand about young chess players now is they order everything, including food, online. As a touring chess pro for about four decades, he looked forward to going out at meal times during competitions, which provided a relief from the intensity of being bent over a chess board for hours.

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