Beyond Financial News

Tata Group is considering an offer to buy back a stake in its entertainment content distribution platform from Temasek Holdings Pte as the Indian conglomerate weighs postponing Tata Play Ltd.’s initial public offering, according to people with knowledge of the matter. Tata Group is contemplating whether to delay the planned Tata Play listing because of market conditions, the people said. Instead, Tata Group has started discussions with Temasek around a deal that would give the Singaporean state investor an opportunity for a long-awaited exit from its investment in the platform, formerly known as Tata Sky, the people said.

ITR refund: Due date for income tax return (ITR) filing is 31st July 2023. Who is entitled to get a refund, what are the taxation rules of ITR? And how to claim your refund? In this article, I wish to discuss various aspects of income tax refund under the Income Tax Act.

National Education Policy (NEP) 2020 recommends that "high performing Indian universities will be encouraged to set up campuses in other countries". The campus, named IIT Madras at Zanzibar, is set to commence operations in October 2023 and will initially admit 50 undergraduate students and 20 master's students.

Hong Kong-born American singer, songwriter, record producer, dancer, and actress, passed away at the age of 48. She died by suicide. Her untimely passing left a void in the music industry and among her fans worldwide. Coco Lee will be remembered for her incredible talent, captivating performances, and pioneering spirit. Coco left an indelible mark on the music industry with her powerful voice, versatile talent, and trailblazing career. Born on January 17, 1975, Coco Lee's journey began in Hong Kong and eventually expanded to Taiwan and the international stage. With 18 studio albums, two live albums, and five compilation albums, including her first English-language release, «Just No Other Way,» Lee captivated audiences around the world.

Endefo, an electronics brand under the Ashtel Group of Companies, is looking to amplify its footprint beyond southern India to capture all corners of the country and eventually be a strong player in the government’s Make in India initiative. Aneef Tas, CEO of Endefo, told ET Online’s Gourab Das in an exclusive interaction that the company’s planned Rs 200 crore investment in India will go into ramping up R&D and product development in the country now, as it seeks to not only manufacture everything here for local consumption but also export products to the world. Tas also sheds light on product launches, pricing and marketing strategies.

MUMBAI — Even after 18 months of correction phase, Indian markets remain highly valued compared to other markets globally. However, there are a few pockets that offer value to investors, believes Siddhartha Bhaiya, managing director and fund manager, Aequitas Investment Consultancy. “There are certain sectors that have just experienced an inflexion point after a long period of headwinds where growth may continue going forward.

SILVERSTONE, ENGLAND: Formula One has its pitstops and pitlane and this weekend's British Grand Prix will also have Brad Pitt getting in on the action. The 59-year-old Hollywood actor's as-yet-untitled Formula One movie starts filming at Silverstone against the race backdrop, with the production having its own garage and pitwall stand as a fictional 11th team. The driver boards above the garages, photographed in place this week, feature the unfamiliar names of Sonny Hayes and Joshua Pearce, also known as Pitt and British actor Damson Idris.

Treasury yield curve to its deepest inversion since 1981 on Monday, once again putting a spotlight on what many investors consider a time-honored recession signal. The U.S. central bank has hiked interest rates aggressively over the last year to fight inflation that hit around 40-year highs and remains above its 2% target rate.

«Of course, the family office concept goes beyond that a little bit. It gets into governance of the family, the succession and things like that as well,» says Ashutosh Bishnoi, Director, Multi-Act.How do you see this entire family office kind of structure taking shape in India that you have also chosen this as your next innings?Yes, you are absolutely right. What has happened in the last about 20 odd years in India that a tremendous amount of wealth has been generated by successful business families.

NGO challenging the constitutional and legislative validity of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2023 in relation to online gaming. It went on to state that the Rules are beyond the legislative competence of the Union Government as the Constitution gives exclusive powers to states to legislate on ‘gambling and betting’.

The crypto derivatives exchange Bitget has launched a new crypto lending program that will let users stake their own coins in exchange for loans in another.

NEW DELHI : India’s largest hotel chains are rapidly expanding their portfolios amid record-high room rates. In the last week alone, half a dozen hotel companies across India have announced new development plans, including management contracts with independent owners and launching properties signed in the past few years, to capitalize on the soaring demand for hotel accommodations. Buoyed by hotel demand outstripping supply, many top hotel operators are signing up new properties in the first quarter of FY24.

₹250 crore per instance for data breaches, which can be raised up to ₹500 crore by the Data Protection Board that will be constituted as an appellate body. The penalties will be decided on a case-to-case basis, depending on the severity, extent of harm or loss, scale and number of people impacted by the breach, and the clauses that have been specified in the bill. The bill is likely to be presented in the upcoming monsoon session of Parliament.

Supreme Court on Wednesday sought responses from the Centre and others, including the Indira Gandhi National Open University (IGNOU), on a plea arising out of a Madras High Court judgement that upheld the primacy of the UGC in deciding the regulations for conducting distance education programmes. Though the January 20, 2023 judgement by a division bench of the high court largely favoured the University Grants Commission (UGC), it was aggrieved by a part of the order which said the statutory body's communication of 2012 will not have retrospective effect.

Imagine the following scenario. A political outsider wins a critical election by promising to root out corruption. Even if that is a sincere intention, upon assuming office, the winner will quickly realize that it is best to focus on critics of the government and opposition political parties, since going after one’s own allies for corruption will erode one’s political base.

New Delhi: The Ministry of Home Affairs on Wednesday announced the launch of the “Scheme for Expansion and Modernization of Fire Services in the States" with a total budget of Rs. 5,000 crore.  The scheme, part of the preparedness and capacity building funding window under the National Disaster Response Fund (NDRF), aims to strengthen fire services across the country.  Out of the allocated amount, Rs.

Now in its fourth edition, ETPWLA 2023 is India's most prestigious awards programme, recognising and honouring present-day and next-generation women leaders who embody excellence in business, entrepreneurship, innovation, and leadership. The list of shortlisted nominees for ETPWLA 2023 represent exceptional women leaders, trailblazers, and changemakers who have made a significant impact and achieved critical milestones in their respective fields over the past year.

Yandex faces prosecution in a Russian court for alleged offences under the country's so-called "LGBT propaganda" law, a notice on the court's website said on Wednesday. The move to prosecute Artem Savinovsky, for which no hearing date was listed, comes a day after a different court levied a 1 million rubles ($11,048) fine against an online film database owned by Yandex under the same law.

Meghan Trainor and her actor husband, Daryl Sabara, announced the arrival of their second child, a son, through a heartwarming Instagram post. The couple, who married in 2018 and are already parents to two-year-old son Riley, shared their excitement and introduced their newborn, named Barry Bruce Trainor, to the world. Meghan Trainor, best known for her hit song «All About That Bass,» delighted her fans by posting several pictures on Instagram capturing moments from the hospital and intimate shots of their adorable newborn. Alongside the photos, Trainor revealed that their baby boy, Barry Bruce Trainor, was born on July 1, coinciding with the seventh anniversary of their first date. The singer expressed her joy and shared that he was a big baby.

₹1.68 lakh crore by 2030-31 from FY22 level, said the firm's company Managing Director and CEO Hisashi Takeuchi said on 5 July. The firm is expecting India to 'play a very big role' in Suzuki Motor Corporation's goal to achieve a global turnover of ₹4.32 lakh crore in FY30-31, which would be exactly double the turnover of ₹2.16 lakh crore achieved in FY21-22, said Takeuchi. When asked if Maruti Suzuki India was also looking to double its turnover like its parent Suzuki, Takeuchi said, "Yes, of course".

The narrative surrounding sustainable cities has expanded to encompass the multifaceted responsibilities of developers. In addition to focusing on sustainability, developers also play a crucial role in creating homes that promote wellbeing, incorporating cutting-edge technology, and prioritizing the needs of users. Developers today, through innovative approaches and technologies, shape urban landscapes to foster eco-friendly structures while considering the unique challenges faced by different cities.