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India Today report, the raid by the FDA was carried out after several hygiene-related complaints. Sources told India Todaythat during the raids, officials found cockroaches and rats in hotel's kitchen. Moreover, it was also found that the establishment also did not have a valid food licence.

(This story originally appeared in on Sep 15, 2023)

BJP has called for a special session of Parliament. Opposition feel that this move is aimed at deflecting attention from the recent Mumbai meeting of the INDIA bloc and has been amplified to dominate public discourse, overshadowing critical issues.

RBI holiday calendar, banks will remain closed 18 September in Bengaluru, Chennai, Hyderabad - Telangana on the occasion of Varasiddhi Vinayaka Vrata/Vinayaka Chathurthi. On 19 September, Banks will remain closed in Ahmedabad, Belapur, Bhubaneswar, Mumbai, Nagpur, Panaji on the occasion of Ganesh Chaturthi/Samvatsari (Chaturthi Paksha). While on 20 September, Banks will remain closed on the occasion of Ganesh Chaturthi (2nd day)/Nuakhai in Bhubaneswar and Panaji.

Tata Motors Ltd on Thursday said it will continue to produce diesel cars as long as customers demand and regulations permit while it accelerates the shift towards electric vehicles. “We have shown the biggest commitment to what the government wants i.e., EVs. It is unfortunate that people are asking questions on diesel and not asking manufacturers who are not moving to EVs but we are asking questions on what about diesel.

₹58,674.00 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 58,724, and a low of ₹58,673. Around 9.30 a.m., MCX Gold for October 5 delivery traded 0.17 per cent higher at ₹58689 per 10 grams.

startups in India, its senior official told Bloomberg. The bank plans to work with companies that are pioneers in their sectors, developing new products or services, and is targeting companies with a large consumer orientation in India, as well as abroad, Kaustubh Kulkarni, the senior country officer for India said. “We want to be there first with those companies," Kulkarni said in an interview to Bloomberg.

Pashupati Advani, Founder, Global Foray, says “ in autos, there is some build up in inventory with the dealers. It is going to go through a bit of a phase of consolidation as you mentioned. I would not jump into autos at these kinds of levels, I just sit on the side. Interest rates are higher; a lot of two-wheelers and four-wheelers are financed and that is going to put some kind of a cap on the market. So just hang on, there will be ample opportunity in my opinion.”What is your take on real estate stocks? They have been doing fairly okay for themselves of late. Again, is there a pocket that you are looking at, let us say maybe Mumbai facing real estate names or South Indian names or even NCR is coming back now?Mumbai and NCR have lagged because there is a lot of supply and it is taking time and I do not think the flats are cheap enough. The builders are still making money and in Maharashtra they are also waiting for the FSI to be increased, in which case the builders will make even more money and more people will be crammed into the same space. We are obviously seeing some traction in good quality second tier town builders and of course the big names like DLF and all are doing fine. It is a proxy for growth in India as more and more people buy homes, people are going to come into all the real estate companies. There are lots of big ones, it is a big component of the index and therefore the sector is enjoying itself.

Rain updates: The Indian Meteorological Department has issue a yellow alert for heavy rains in several Maharashtra districts today i.e. on 15 September. As per IMD, yellow alert has been issued in Thane, Raigad, Ratnagiri, Sindhudurg, Pune, Dhule, Nandurbar, Jalgaon, Ahmednagar, Kolhapur, Satara, Aurangabad, Jalna, Parbani, Akola, Amravati, Nagpur among other districts.

Reliance Industries: The Centre on Thursday filed a petition challenging a Delhi high court order in favour of Reliance Industries Ltd (RIL) regarding a gas dispute in the Krishna Godavari Basin. The court has asked RIL to file a response, a counsel aware of the matter said.

Apple is betting on its trade-in program to drive sales of the newly launched iPhone 15 series and the older-gen iPhone 14 and 14 Plus, which the company has now repriced. The company will popularise its trade-in or phone exchange program in India by making it a part of brand campaigns and highlighting prominently on its India website. The program was introduced along with the Apple online store launch in September 2020 in India. The program is also available through Apple’s retail stores in Delhi and Mumbai and its authorised partners. Currently, Apple is offering up to Rs 67,800 in trade-in value for the iPhone 14 Pro Max and up to Rs 64,500 for the iPhone 14 Pro in India.

Shares of sugar companies soared on Thursday on news reports that output in Maharashtra, India's highest-producing state, could fall in the 2023-24 crop year to its lowest in four years. This could lead to higher sugar prices and boost the profitability of top companies in the sector, said analysts.Sakthi Sugars jumped 11.3%, Dhampur Sugar gained 10.4%, Dwarikesh Sugar rose 9.8%, Bajaj Hindusthan advanced 7.2% and Balrampur Chini moved up 4.8%. A Reuters report said Maharashtra's sugar output could fall 14% in the 2023-24 crop year due to lower cane yields following the driest August in more than a century. Maharashtra, Uttar Pradesh, and Karnataka are among the top sugarcane-producing states in the country, and a dry spell because of the El Nino effect will likely affect supply. Sugar companies are expected to witness strong earnings growth till FY26, according to brokerage DAM Capital. «We believe fast developing El Nino conditions would further hamper sugar production in these states and keep domestic sugar prices above ₹37/kg,» said DAM's analyst Sanjay Manyal in a note to clients.

VCCircle that Kedaara may have invested ₹1,300-1,500 crore ($156-180 million) in the Bengaluru-based K-12 school operator. “India has over 260 million students enrolled in the K-12 segment, that aspire for accessible, and holistic education. K12 Techno has helped schools bridge this gap by leveraging technology and process orientation," said Sunish Sharma, founder and managing partner, Kedaara Capital.

MUMBAI : The Centre on Thursday filed a petition challenging a Delhi high court order in favour of Reliance Industries Ltd (RIL) regarding a gas dispute in the Krishna Godavari Basin. The court has asked RIL to file a response, a counsel aware of the matter said.

Uddhav Thackeray faction cried foul over Speaker Rahul Narwekar granting two weeks to both factions to exchange their submissions. The Thackeray camp alleged that the Speaker was supporting Shinde faction's 'delaying tactics.' «It is clearly seen that they are trying to take as much time as possible.

GST Appellate Tribunal Centre announced for 28 states and eight union territories. As per data, currently, only 40 per cent of the corporate income taxpayer base is also registered under GST. As many as 1.39 crore businesses are registered under GST, almost double of the number when GST was launched six years ago on July 1, 2017. Goods and Services Tax (GST) revenue buoyancy, which was 1.25 after introduction of the indirect tax regime in 2017, has risen to 1.40 in the last two years. Average monthly GST revenue increased from Rs 89,885 crore in 2017-18 to Rs 1.50 lakh crore in 2022-23.

MUMBAI : The Securities and Exchange Board of India (Sebi) on Wednesday directed Brickwork Ratings to broadbase its board, three months after the appellate tribunal quashed its order to cancel the credit rating agency’s licence. Ashwani Bhatia, whole-time member of Sebi held that Brickwork will have to onboard new board members to broadbase its board so that there are nine members. The regulator said the new inducted members to the board should either be independent directors or non-executive directors not related or connected to the founding management of Brickwork Ratings.

₹203 and ₹350 respectively. In two cities with free pricing, it was nearly 9-10 times: ₹2,400 in Delhi and ₹2,300 in Mumbai. True, even without price caps, the prices for Jawan tickets would have been lower in India’s southern cities; it is a Hindi movie with no South Indian superstar.

«Check your receipt! If you paid your visa application fee before October 1, 2022, and have not scheduled an interview yet, book now,» the US Embassy in India issued a warning this week. Certain extensions were granted during the pandemic, but these extensions expire September 30, it added. Visa applicants typically have 365 days from the date of payment to schedule an appointment before the payment expires. If you paid your fee prior to October 1, 2022, you must schedule an interview (or submit your interview waiver application, if you are eligible) before September 30, 2023.

The Indian Meteorological Department has predicted heavy rainfall in Mumbai for two days starting from September 16. Given the heavy rainfall predicted in the metro city, IMD issued a yellow alert for Mumbai. Nearby areas like Thane and Palghar are also expected to receive heavy rainfall.

ONDC) has roped in Singapore-based platform Proxtera as its first international buyer app as part of its foray into international business-to-business (B2B) exports. Further, SignCatch and Rapidor, with Bech.app and placeorder.com respectively, will be among the first to join ONDC as international B2B seller network participants.