India Financial News

ALSO READ: BCCI terminates central contracts of Ishan Kishan and Shreyas Iyer. Check full contract list here Looking at Ishan Kishan's exclusion from BCCI's list, it appears the board was unhappy with him not participating in domestic cricket during periods when he was not representing the national team. Earlier on 17 December, when Ishan Kishan had left India's Tour of South Africa, the BCCI had said, "Mr Ishan Kishan has requested the BCCI to be released from the upcoming Test series against South Africa citing personal reasons.

₹2,000 crore revenue, it is still in search of newer growth areas. “Online will continue to drive our business as currently around 55% of the business still comes from selling online courses. We are also betting big on the physical centres and phygital is the way forward," Maheshwari said.

World markets today: US stocks dip ahead of inflation data Adani Power, Indian Railway Finance Corporation, Jio Financial Services, Power Finance Corporation, and REC Ltd have also joined the Nifty Next 50 index. Conversely, Adani Wilmar, Muthoot Finance, PI Industries, Procter & Gamble Hygiene & Health Care, and Shriram Finance have been removed from the index.

Vodafone Idea regarding the applicability of TDS on discounts provided to prepaid distributors for the sale of SIM cards and recharge vouchers. "The appeals filed by the assessee – cellular mobile service providers, challenging the judgments of the High Courts of Delhi and Calcutta are allowed and these judgments are set aside. The appeals filed by the Revenue challenging the judgments of High Courts of Rajasthan, Karnataka, and Bombay are dismissed in terms of the reportable judgment," the judgment noted.

Mobile World Congress in Barcelona, Spain and will be available in India and other global markets from next month. Also Read | OnePlus 12 vs OnePlus 12R comparison: Is the ₹25,000 price gap worth it? The latest OnePlus 12R Genshin Impact edition is priced at ₹49,999 for the 16GB RAM/256GB storage variant.

BARCELONA : India should beef up the quantum of its $10 billion financial incentive scheme to attract semiconductor fabrication majors, said Rahul Patel, Qualcomm Technologies’ group general manager for connectivity, broadband and networking. Patel believes India is competing against developed nations like the US, Europe, Japan, and China, who are offering incentives worth tens of billions of dollars. “India is competing against developed nations.

Mint explains the flight path of recovery and the challenges associated with it. Running an airline is a risky business. Virgin Atlantic founder Richard Branson has famously said: “If you want to be a millionaire, start with a billion dollars and launch a new airline." Revival of airlines is challenging as a profitable carrier is an output of several things, such as the right fuel price band, perfect aircraft type, solid maintenance contracts, great network, good slots at airports, skilled workforce etc.

cryptocurrency Bitcoin surged for a fifth day on Wednesday to near $59,500 for the first time since November 2021, buoyed by flows into new US spot Bitcoin exchange-traded products that have driven it up nearly 40% in February. Bitcoin was last up 4.6% at $59,186, its highest since December 2021, while Ethereum rose 3.1% to $3,354, having hit another two-year high. Meanwhile, the global cryptocurrency market cap rose 3.53% to nearly $2.22 trillion in the last 24 hours.

unconditional support. Reliance scion Anant Ambani, who is all set to tie the knot with his fiancee Radhika Merchant, recently revealed how she had been a source of unconditional support when he was experiencing personal setbacks. In a candid interview with India Today, Ambani described Merchant as “the person of my dreams,” and fondly recollected how they transitioned from childhood besties to life-partners. “I am lucky (to have her) for sure. She is the person of my dreams. Since childhood, I had thought that I would never get married because I was always devoted to taking care of animals. But when I met Radhika, I saw her sharing the same values as me. She has this sense of giving and nurturing towards animals.”

Iyer was on a Grade B contract last year while Kishan was handed a Grade C contract but despite playing in the 50-over World Cup last year, the BCCI said both players were not considered in this round of recommendations. Read More: BCCI announces annual player retainership 2023-24 for men's team; Rohit, Kohli, Bumrah and Jadeja in Grade A+

Telecom operators are estimated to have spent an additional Rs 10,000 crore in 2022-23 to support traffic generated by large entertainment and communication apps, according to an estimate of telecom industry body COAI. Cellular Operators Association of India, Director General, SP Kochhar told PTI that the infrastructure support provided by telecom operators to top 4-5 apps large traffic generator apps also corresponds to their revenue growth and in the absence of fair share norms for large apps, the government has lost about Rs 800 crore revenue in 2023 alone. He said that the industry body has submitted a white paper to the Ministry of Finance in this regard in January. «The additional capex required to provide the infrastructure to carry the LTG-related data traffic for the year 2023 alone amounts to around Rs 10,000 crore.

NEW DELHI : After Bharat atta and rice, the Union government is planning to launch Bharat masur (lentil) dal – but, at around ₹89 per kg, without a discount – a senior official told Mint. Normally the Bharat brand comes with hefty discounts. The lentil pricing comes despite inflation being in control and with huge quantities of masoor lying in government stocks.

NEW DELHI : New Delhi: India on Monday pressed for the revival of the World Trade Organization's (WTO) appellate body, which has remained defunct for over four years after the US refused to approve its members. At the WTO's ongoing 13th Ministerial Conference (MC13) in Abu Dhabi, India said this should be the top priority for any reform process of the multilateral trade body.

NEW DELHI : The government does not have an immediate plan to resume talks with protesting farmers, but it will find a solution soon, Union agriculture and farmers' welfare minister Arjun Munda said on Wednesday. He is in a group of ministers engaging with farmers on their current protests. The fourth round of talks which took place over a week ago in Chandigarh was inconclusive, driving farmers to resume their ‘Delhi chalo’ protest.

₹70,352 crore-media behemoth. As part of the transaction, the media undertaking of Viacom18 will be merged into Star India through a court-approved scheme of arrangement. Nita M Ambani will be the chairperson of the joint venture (JV) with Uday Shankar as Vice chairperson providing strategic guidance to the joint venture.

By Aditya Kalra, Munsif Vengattil and Dawn Chmielewski

Realme confirmed via a post on X on Wednesday that the latest mid-range smartphone from the company will come with a 120Hz AMOLED panel which will come with the latest Rainwater Smart Touch feature which will help users take advantage of their smartphone even with wet or dry hands. Notably, OnePlus had also launched a similar Aqua Touch feature with its latest OnePlus 12 series.

Lucknow, Uttar Pradesh, 28/02/2024: Shankh Aviation Private Limited, spearheaded by young and dynamic entrepreneur Mr. Sharvan K.Vishwakarma, is set to make a significant mark in the aviation industry with the launch of its new venture, Shankh Air, from the heartland of Uttar Pradesh, Lucknow. With a formidable presence in Infrastructure & Trading, Mr.

₹825.97 crore from anchor investors on Tuesday, February 27. The company notified the exchanges that it allocated 8,25,97,350 equity shares at ₹100 apiece. Also read: Bharat Highways InvIT IPO opens today: Check GMP, subscription status, review, key dates, more.

India's super rich have allocated 32 per cent of their wealth in residential properties in the country and overseas, Knight Frank said in a report on Wednesday. As per real estate consultant Knight Frank's The Wealth Report 2024, 32 per cent of India's Ultra-High-Net-Worth Individuals' (UHNWIs) wealth is allocated towards residential real estate asset class. Nearly 14 per cent of their residential portfolio is allocated outside India. UHNWIs are individuals with a net worth of USD 30 million and above.

Sukhu government in Himachal Pradesh faces threat, Congress leader Sachin Pilot on Wednesday expressed hope that the party will resolve the political crisis in the hill state very soon. Pilot also targeted the BJP-led government at the Centre and said it failed in tackling rising inflation and unemployment. «Our party has appointed observers in Himachal Pradesh...they will talk to everyone and hopefully the matter will be resolved very soon,» he told reporters in Sikar. The Congress-led Sukhvinder Singh Sukhu government in Himachal Pradesh is in crisis triggered by Tuesday's cross-voting by six party MLAs in the Rajya Sabha election for the lone seat from the hill state.