City Kolkata Financial News

ANI reported. "Since we have waited for two years, we can wait for a few more days. If we do not get an appropriate response by October 31, Trinamool Congress will organise a larger movement from November 1.

The move is aimed at facilitating smooth movement of commuters for the Durga Puja Carnival on that day. At the carnival on Red Road, people are expected to attend in droves. Idols of the top community Durga Pujas in Kolkata are displayed in a colourful parade at the annual carnival. It may be mentioned here that the UNESCO had in 2021 accorded the Intangible heritage status to the Durga Puja in the city. The West Bengal Transport Corporation (WBTC) said it will operate 23 additional buses till midnight on October 27. The Regional Transport Authority (RTA), Kolkata, has also written to all private bus, minibus, taxi and auto-rickshaw unions to ensure the availability of sufficient public transport for smooth transportation of people on that day, an official said. Based on report by ANI

SAJ Food Products, the maker of Bisk Farm biscuits, has ambitious plans, including a staggering revenue growth and national footprint. However, it also has a strong focus on taking on the formidable Britannia in the Indian biscuit market. The Indian biscuit market, reportedly valued at approximately Rs.

Delhi Public School (DPS) in Siliguri, Jalpaiguri and Kolkata, is set to partner with a luxury hotel chain to start his first hospitality venture on six acres of land in Siliguri, a city in West Bengal on the foothills of the Himalayas. Agarwal's land parcel, surrounded by tea estates, is close to the Mayfair Resort in Siliguri. «Mayfair Resort has become a hub for destination weddings and I was amazed at the kind of business this resort was getting,» said Agarwal, who is chairman of the three DPS schools. From pharma companies and regional industrial groups to car dealers, school owners and book publishers in tier-2 and -3 markets, an increasingly diversified group of entrepreneurs across segments and sectors are taking the plunge in the hospitality industry. Last year, Mankind Pharma entered the sector with the Courtyard by Marriott Aravali Resort, and added The Westin Rishikesh Resort & Spa earlier this year.

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.

Stock market today: Delta Corp shares have been under hammer since mid July 2023. Shares of the Indian Casino major topped out after Government of India (GoI) decided to increase GST on online gaming, casino, etc.

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.

Union home minister Amit Shah, who will reach Kolkata on Monday will inaugurate the renowned Santosh Mitra Square Durga Puja in central Kolkata, organised by BJP leader and councillor Sajal Ghosh. This pandal is modelled after the Ram Mandir in Ayodhya.

₹11,520 crore and 120 properties in the top seven cities including Mumbai, Pune, and Chennai. The Department of Investment and Public Asset Management (DIPAM) said, in response to the pre-bid queries from prospective asset valuers of IDBI Bank, that the bank has as many as 68 properties in Mumbai, 20 in Pune, nine in Chennai and seven in Ahmedabad. Besides, it has six properties in Kolkata and five each in Delhi and Hyderabad.

IDBI Bank that the lender has deferred tax assets of Rs 11,520 crore and 120 properties in the top seven cities including Mumbai, Pune, and Chennai. In response to the pre-bid queries from prospective asset valuers of IDBI Bank, the Department of Investment and Public Asset Management (DIPAM) said the bank has as many as 68 properties in Mumbai, 20 in Pune, nine in Chennai and seven in Ahmedabad. Besides, it has six properties in Kolkata and five each in Delhi and Hyderabad. “The intangible on the balance sheet of IDBI Bank primarily comprises deferred tax assets of around Rs 11,520 crore,” DIPAM said. Deferred tax asset commonly refers to overpayment of tax by an entity.

Residential price growth across the 107 world cities has slowed in Q2 2023, falling to 1.7% YoY from 11.7% YoY in Q2 2022, according to Knight Frank’s latest report ‘Global Residential Cities Index Q2 2023’. This is recorded to be lower than that experienced in the first wave of the pandemic, when growth reached a low of 2.9% in Q2 2019.

₹6,384 crore, as per a regulatory filing made by the casino chain operator on October 14. This comes nearly three weeks after Delta Corp had received tax shortfall notices amounting to ₹16,822 crore.

Delta Corp's arm Deltatech Gaming Ltd has received a goods and service tax (GST) shortfall notice worth Rs 6,384 crore from the Directorate General of GST Intelligence, Kolkata, on October 13, 2023, the company said in a stock exchange filing on Saturday. Deltatech got a tax payment shortfall notice worth Rs 6,237 crore for the period January 2018 to November 2022 and shortfall of Rs 148 crore between July 2017 to October 2022, the statement read.

ALSO READ: Manipur violence: CBI arrests fifth accused in abduction, killing of 2 Meitei students Senior officials said searches have been underway at around 50 locations, including Kolkata, Gangtok, Siliguri, and other locations since last evening. A senior superintendent of Passport Seva Laghu Kendras (PSLK) in Siliguri, along with a middleman, has been apprehended.

PTI reported. Mahishasur Mardini was initially aired as a live program on AIR in the early 1930s. Ever since, it has evolved into a customary Mahalaya morning tradition.

Also read: This state announces early salary for govt staff in this festive month In separate news, West Bengal Chief Minister Mamata Banerjee has announced a ₹5,300 Durga Puja bonus for civic volunteers of the West Bengal Police and Kolkata Police, and ASHA workers employed under the health department. Preparations for Durga Puja are in full swing in West Bengal, Assam, Tripura, and Odisha majorly.

CBI is conducting searches at 50 locations in West Bengal and Gangtok having booked 24 persons including government officials and private individuals for allegedly issuing passports on the basis of forged documents, officials said Saturday. The CBI has detained an official posted in Gangtok and also a middleman, they said.

ALSO READ: Gautam Gambhir reacts to Virat Kohli-Naveen ul Haq burying the hatchet: ‘Fight for respect, fight to win’ In his 13-year career as a cricketer, Gambhir played 58 tests, 147 ODIs, and 37 T20Ism, where he scored 4154, 5238, and 932 runs respectively. His best was 206 in the Test, 150 not out in the ODI, and 75 in the T20I.

West Bengal unit of the Bharatiya Janata Party (BJP) with months left for the 2024 Lok Sabha polls. Squabbles and discontent among grassroot workers saw BJP workers trying to force their way into their party office at Salt Lake City on Wednesday. The fury of protesting workers prompted BJP leaders to lock themselves in the office. Aggrieved BJP workers from North 24-Parganas were seen trying to break the lock of the main gate with bricks. They took out a march to the party headquarters in Muralidhar Sen Street, the next day.

Trinamool Congress national general secretary Abhishek Banerjee, who has been more of a strategist and worked mostly from the backroom for Bengal's ruling party, seems to be undergoing a political image makeover. Since the start of this month, he has led sit-in protests in New Delhi and then in front of the Raj Bhawan in Kolkata, demanding funds to pay workers under the rural employment guarantee scheme that, according to his party, the BJP government at the Centre has been denying the state. This is the first time that he has led a street protest, in what is seen as a larger strategy to step into the shoes of aunt Mamata Banerjee, the Trinamool supremo and BengalCM known for her «street fighter» image. Mamata Banerjee was absent at both Delhi and Kolkata protests where Abhishek was surrounded by senior leaders, MPs, MLA and ministers. Images of Abhishek Banerjee being dragged out of Krishi Bhawan in New Delhi by the Delhi Police last week brought back memories of Mamata Banerjee in her youth shouting slogans as a Youth Congress leader and her journey forward, such as the protest against the Tata Nano factory in Singur, political observers said.

West Bengal does not have a single farmer suicide and the state, which is the highest producer of rice in the country, is focussing on diversification of agriculture, West Bengal minister for Agriculture Sobhondeb Chattopadhyay said in Kolkata, even as the state is focussing on farm mechanization, promoting sale and export of special aromatic rice from the state. «There was not a single case of farmer suicide in Bengal. The income of farmers has gone up three times during the rule of Mamata Banerjee government.