City Kolkata Financial News

Enforcement Directorate (ED) arrested a promoter and Director of the URO Group of companies on Sunday in a case related to the Ponzi/Chit Fund case, an official said on Tuesday. The accused was identified as Biswapriya Giri, an official said. The enforcement official then went on to produce him before the Special Prevention of Money Laundering Act (PMLA) Court, Kolkata, on the same day, which sent him to ED Custody until September 1. «ED has arrested Biswapriya Giri, promoter and Director of the URO Group of companies, on 20/08/2023 in a case related to Ponzi/Chit Fund companies.

₹50 crore from existing investors, International Market Management in UK and Hunch Ventures in India. In 2018, Indian venture capital firm Hunch Ventures took a significant minority stake in Dolomite Restaurants, owned by International Market Management (IMM), founded by Dolomite managing director Jasper Reid. This year IMM, Dolomite’s parent, sold its Wendy’s burger chain to Rebel Foods for an undisclosed sum.

Mamata Banerjee on Tuesday launched an onslaught on the BJP-ruled Centre, asserting that while Prime Minister Narendra Modi speaks of taking along everybody, he «attacks» opposition-ruled states, and added for good measure that her party members are being targeted by central agencies «without reason». She also said that the Jadavpur University student's death after ragging and sexual harassment has opened «our eyes» and the state government was starting a police helpline to counter the menace. Banerjee, who was speaking at a meeting with organisers of Durga Puja celebrations in the state, also announced an increase in grant-in-aid that the state government gives to Puja committees to Rs 70,000. «Our people are being targeted by central agencies without reason.

Shapoorji Pallonji Real Estate on Tuesday said it has signed Bollywood actor Shahid Kapoor and his wife Mira Kapoor as the brand ambassadors for one of its projects in Pune.

₹370-380. Eveready share price today opened at ₹382 on NSE. Eveready Industries share price touched intraday high at ₹418.30 and low at ₹380 on Tuesday's session.

₹88 lakh to ₹1.84 crore ex-showroom. The 2023 Porsche Cayenne facelift and Cayenne Coupe facelift were officially introduced to the Indian market in July.

Mamata Banerjee on Monday urged the minority community not allow their votes to get divided in the state in the coming Lok Sabha polls. She affirmed that she is with INDIA alliance, which oust BJP in six months, but she will continue to fight Congress and CPI-M in the state as BJP wants to divide the minority vote and try to take benefit in Bengal in the coming polls. Banerjee, who was speaking at a conference of the state’s imams and muezzins in Kolkata, claimed that BJP is instigating divisive forces in the state and teaming up with Congress and CPI-M.

covid-19 pandemic. Artix seeks to cater to this new cohort to drive the future art market, with its annual art fairs. It is expected to travel to Mumbai, Hyderabad, Bengaluru, and Kolkata to further its ambitions.

Jadavpur University hostel and forensic team visited the hostel premises for probe in connection with death of first year deceased student of the university even as West Bengal Chief Minister Mamata Banerjee slammed the Left-backed unions for «murder» of the young student. Meanwhile, Leader of Opposition in State Assembly Suvendu Adhikari moved Calcutta High Court on Monday demanding NIA probe in Jadavpur University and implementation of UGC guidelines in the University. The case has been accepted for hearing by Chief Justice T S Shivanganam's bench today. West Bengal Chief Minister Mamata Banerjee today said, «We were proud of Jadavpur University and we still remain so.

On 9 August, the scourge of ‘ragging’ claimed its latest victim when a minor student, barely a few weeks into his new campus life at Jadavpur University, Kolkata, ended it by jumping from his hostel building after harassment, torture and sexual debasement. About a dozen seniors prevented the administration and police from entering the campus while trying to ham-handedly doctor the crime scene to make it appear that the victim had committed suicide with no role played by others.

New Delhi: The 27th edition of Exercise Malabar concluded on the East Coast of Australia off Sydney on 21 August, the ministry of defence said. The exercise saw participation of ships, submarines and aircraft from the Indian Navy (IN), Royal Australian Navy (RAN), Japan Maritime Self Defence Force (JMSDF) and the US Navy (USN).

“Income tax department has given an option of pay later when we file income tax return (ITR). Therefore, an individual can file an ITR without paying income tax dues first by using the pay later option,” said CA Abhinit Singh, Founder, Ready Accountant, a Kolkata-based educational institution. Read below to find out how to use the ‘Pay Later’ option on the Income Tax Department’s e-filing portal.

Bengal government on Jadavpur University issue, Union Education Minister Dharmendra Pradhan said on Sunday that the death of a young student is «a worrisome issue» and the state government cannot run away from its responsibility. He said a probe should be conducted into the matter. Meanwhile, another former student of the university has been arrested and remanded to police custody till August 24 in connection with alleged ragging and death of a first year Jadavpur University, taking the total arrested number to 13.

I want to rent out my 1-bhk house and plan to move into a 2-bhk apartment taken on a higher rent. What will be the tax implication on this? —Name withheld on request The taxability of income earned by you from let-out residential house property and the tax deductions available towards rent paid, are dealt under separate provisions, under the Indian income-tax laws.

Coal India's in-house e-auction platform have been carried out satisfactorily, and the mechanism can have a full-fledged rollout across the company's coal-producing subsidiaries, officials said Sunday. A total of seven trial auctions involving nearly 18 million tonnes of coal have been conducted, they said. The mining major has entrusted its wholly owned subsidiary Central Mine Planning & Design Institute (CMPDI) to rollout the in-house e-auction system, with technical assistance from the National Informatics Centre.

NEW DELHI : After vegetables, poultry products including eggs and chicken are expected to see a sharp rise in sales and, consequently, prices starting September -- following the two-month-long Shravan restrictions. Hindus in parts of northern and western India follow dietary restrictions during the Shravan period.

The deadline to fill out original income tax returns (ITR) concluded on July 31. While it is crucial to submit your ITR on time, it is also vital that you strive to be meticulous and try to avoid errors. However, sometimes there is a chance that we might rush to file the ITR at the last minute. As a result, it is quite natural to make mistakes when the deadline approaches.

Dalmia Group firms have submitted a revised debt resolution plan for ₹1,100 crore of bank loans of Birla Tyres, which is undergoing insolvency resolution, according to people in the know. A person familiar with the new plan told ET that group companies of Dalmia Bharat have offered to repay about ₹300 crore of the outstanding loans of Birla Tyres. This is said to be three times their original offer to creditors.

Mehuli Ghosh clinched a quota place for India at next year's Paris Olympics after winning a bronze medal in women's 10m Air Rifle event at the World Championship, here on Saturday. The 22-year-old from Kolkata also teamed up with Tilottama Sen and Ramita to win the 10m Air Rifle team competition with a combined total of 1895.9, ahead of China who totalled 1893.7. Germany won bronze.

students' unions. Those answers cost me a place in the civil services list as he gave only minimum marks, and I resolved never to sit for the exam again given the arbitrariness of interviews. On one question I was vindicated by history, and on the other, I stood by my belief that students unions-from campaigning and voting to the responsibilities of elected office-were overall a force for good, preparing youngsters for the world outside.

Also read: What is zero shadow day? Unique celestial event set to grace Bengaluru on August 18 During a Zero Shadow Day, the sun is positioned directly overhead, resulting in the absence of shadows on the earth's surface. This occurrence causes the sun to reach its zenith in the sky, leading to a significant reduction in the length of shadows, rendering them practically invisible.