City Delhi Financial News

Raghav Chadha from his official residence in the national capital Delhi. The Aam Aadmi Party (AAP) leader and Rajya Sabha MP had moved the Delhi High Court against Patiala House Court's recent order which has enabled Rajya Sabha Secretariat to evict Raghav Chadha from his current accommodation. The Court revived it’s 18 October order of granting the MP an interim stay from arrest till the city court decides MPs application seeking injunction from eviction.

Gurugram-based Experion Developers Pvt Ltd is currently on a land acquisition spree and prioritizes government-auctioned lands due to their regulatory advantages. While residential and commercial projects are its current focus, the company is open to exploring other possibilities also, including hospitality and student housing, in the future.

PTI. Also Read:Israel-Hamas war LIVE updates: Heavy Israeli airstrikes pound Southern Gaza In a statement signed by 15 opposition leaders, some of whom met the envoy at the Embassy here, they strongly condemned the "indiscriminate bombing" of Palestinians in Gaza by Israel and said that it amounts to an attempt at "genocide". “We urge an immediate cessation of all hostilities to prevent further loss of innocent lives and the destruction of homes and infrastructure," the leaders said.

₹8,000 crore of additional tax liabilities against the sector's estimated ₹3 lakh crore adjusted gross revenue (AGR) in FY24. Her expects the sector to have clsoe to ₹24,000 crore payout overall.

ANI and said, “I thank God and my fans for everything. My prayers have been answered.

HDFC Bank: HDFC Bank Ltd on Monday reported a 51% jump in profit in the September quarter, beating analysts’ estimates, on higher other income and lower provisions. The bank saw net profit rise to ₹15,976 crore in the quarter that ended 30 September from ₹10,605 crore in the year-ago period. That exceeded analysts’ estimates of ₹14,120 crore in a Bloomberg survey.

additional tax liabilities of about $1 billion on the telecom sector this fiscal year alone, impacting operator cash flows, the Supreme Court on Monday held that licence fees payable by the telcos will be treated as entirely «capital in nature». It set aside a Delhi HC order that categorised licence fees before and after July 31, 1999, differently, as capital expense and revenue expense, respectively. Rejecting this recharacterisation, a top court bench comprising Justices B V Nagarathna and Ujjal Bhuyan said the licence fees remain capital regardless of instalment payments after the New Telecom Policy 1999 came into effect. Big setback for older telcos The order is a setback for older telecom companies Bharti Airtel and Vodafone Idea, and, to a lesser extent, even for Reliance Jio, as they will need to reassess their financial structures and potentially face increased tax liabilities. «Variable licence fees will be treated as a capital expenditure and, as a corollary, the deduction will not be allowed in the year of the expenditure now,» said taxation lawyer Abhishek A Rastogi, founder of Rastogi Chambers.

₹397 crore. According to the Delhi High Court’s 24 August order, the airline was to pay Maran ₹100 crore by 10 September.

New Delhi: Avinash Kumar runs Blumox Technologies, a Delhi-based company that develops websites, mobile apps and applications for enterprises. For five years, he used the services of Razorpay, a payments company, for his everyday transactions with customers online. However, a few months ago, he switched to PhonePe.

Teh national capital recorded a slight improvement in its air quality on Monday Morning. It stood at 195 at 9 am. However, it deteriorated to poor category as the 24-hour AQI at 4 pm was recorded at 207, said the Central Pollution Control Board data.

Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) on Monday said its passenger traffic grew 33 per cent to 1.27 crore in the September quarter. CSMIA had recorded a total passenger volume of 96 lakh for the year-ago period, it said.

₹397 crore. Last month it paid Maran ₹100 crore of the ₹397 crore it owes him.

₹86. WomenCart, founded in 2018, is an online retail platform that offers a diverse selection of beauty brands and wellness goods for men and women's skin care, hair care, and body care.

Supreme Court on Monday agreed to hear a plea by Congress leader Pawan Khera challenging the Allahabad High Court's refusal to quash criminal proceedings against him for allegedly making objectionable remarks against Prime Minister Narendra Modi. A bench of Justices B R Gavai and Prashant Kumar Mishra sought responses, including from the state of Uttar Pradesh, on Khera's plea challenging the August 17 order of the high court. «Issue notice,» the bench said.

Movin, a joint venture between UPS and InterGlobe Enterprises, on Monday, started operations by introducing the second fleet of Electric Vehicles (EV) for its first and last-mile deliveries in Bengaluru, said the brand through its press release. The first fleet was rolled out in Delhi NCR earlier this year. EVs will soon be deployed in Mumbai, Chennai, Hyderabad, Kolkata, and Pune by the end of 2023 as part of its plan to reduce carbon emissions and to align with its long-term sustainability goals, said the company in its statement.

HT. Experts suggest that an early withdrawal of the southwest monsoon resulted in early harvest this year has advanced the dates of stubble burning as well. While Haryana has experienced nearly three times the number of farm fires, increasing from 168 instances last year to 542 this year, Punjab has seen only a marginal increase, with 1,388 farm fires this year compared to 1,238 last year.

TCS: A nearly six-month-long probe into the bribes-for-jobs scandal at Tata Consultancy Services Ltd has resulted in crucial suggestions for hiring reforms, along with the sacking of the former head of its resource management group. On Sunday night, TCS disclosed to the exchanges that it had sacked 16 employees and blacklisted six staffing firms. E.S.

diversity at the annual Hornbill festival held in December. You can easily spend a week here, feasting on its beautiful valleys, waterfalls, lakes and rivers, besides the ancient ruins, handicrafts and textiles. Simple but spicy non-vegetarian food is another attraction in the state that is famous for its bhoot jolokia, one of the hottest chillies in the world.

BJP is getting a little more active in Gujarat albeit in a subtle way. On Sunday, Union Minister for Home and Cooperative Affairs, Amit Shah attended a slew of events in Ahmedabad and Gandhinagar, including the inauguration of two offices of two BJP legislators from Naranpura and Dariapur in Ahmedabad. Shah, who had arrived in Ahmedabad on Friday, also interacted with Anganwadi children from his constituency in Gandhinagar on Saturday before attending the Indo-Pak Cricket match at the Narendra Modi Stadium. It is being speculated that the party's state unit will soon see a major overhaul ahead of the general election. Chief minister Bhupendra Patel and BJP state president CR Patil have already made a couple of trips to Delhi to meet the party high command, which has added momentum to the speculations. The Gujarat government's flagship biennial event 'Vibrant Gujarat' is also due next year.

Topworth Steel and Power Pvt Ltd by Amalgam Steel and Power Limited. The company had admitted liability of about ₹3,499 crore, whereas the successful bidder proposed to pay around ₹260 crore. «The overall feasibility and viability of the plan stands unaltered,» the division bench presided over by Justice VG Bisht and technical member Prabhat Kumar said in its order of October 11.

Pillai, the alleged frontman of Bharat Rashtra Samithi leader Kavitha Kalvakuntla, has submitted that he is neither the frontman nor the representative of Kavitha of any liquor cartel allegedly involved in the Delhi liquor excise scandal. According to the Enforcement Directorate (ED), Pillai, a Hyderabad-based businessman and co-accused in the Delhi government's now scrapped excise policy case is Kalvakuntla's «benami» or frontman. In his bail plea filed earlier this month before the Delhi High Court, Pillai has submitted that the entire case made out against him by the ED is solely based on statements of witnesses and co-accused recorded under Section 50 of the Prevention of Money Laundering Act (PMLA). Statements recorded under the said section are admissible in a court of law. Advocate Nitesh Rana, appearing on behalf of Pillai, argued before the high court that the admissibility of such statements is to be examined at the stage of trial.