South Africa Financial News

quick commerce companies saw an upto 40%-50% uptick in sales and revenues on Saturday nightthanks to the T20 World Cup final and India's victory against South Africa.

T20 World Cup final on Saturday, a 1,000-strong audience cheered for esports champions at the Battleground Mobile India (BGMI) series event at Hyderabad. This signifies the increasing popularity of such pursuits even in a cricket-crazy nation like India.

electoral bonds to make political donations potentially face questions from tax authorities on deductions that were made on these contributions with the Supreme Court having scrapped the scheme in February. A few companies have already received notices for deductions claimed for political contributions made through electoral bonds, people familiar with the development told ET.

Venkaiah Garu’s career exemplifies his unique ability to navigate the complexities of Indian politics with ease and humility. His eloquence, wit and steadfast focus on developmental issues have earned him respect across party lines.

T20 World Cup has skyrocketed to billions and could well breach the Indian Premier League's brand value. According to investment bank Houlihan Lokey, IPL is worth $16.4 billion.

USA soccer team or USMNT are all set to play must-win game against Uruguay in Copa America 2024 Group C match. Uruguay are in the pole position to qualify for the knock out after winning two out of two matches and garnering six points. USA has three points from two games after winning one and losing the other.

Flexible workspace provider Awfis Space Solutions is targeting a 50% expansion of its portfolio to reach 135,000 seats by the end of the current fiscal year, with managed office space accounting for the bulk of it.

South Africa did not choke.

Axis Bank may have cleaned up its bad loans and reoriented the business, but it has a long way to go in terms of market share and dominance in various segments, says chief executive Amitabh Chaudhry. The Reserve Bank of India would only tighten and not loosen regulations given the threats from technology and weak lending practices, Chaudhry tells ET. Edited excerpts:

Ali Novak, the author behind «My Life With the Walter Boys,» has confirmed that she is currently working on a sequel to the beloved novel. The upcoming book will explore the lives of Jackie and Cole, expanding on their stories within the Walter Boys franchise.

A Quiet Place: Day One, has arrived in theaters nationwide. For those wondering when they can catch the apocalyptic thriller on Paramount+ and other digital platforms, here’s what you need to know.

inflation, incomplete transmission of the 250 basis point policy rate hikes since May 2022 could delay reversal of the rate cycle by the Reserve Bank of India (RBI).

investing $300 million to acquire a majority stake in renewable energy (RE) firm Fourth Partner Energy, two people aware of the development said.

Beatles, Madonna, Taylor Swift — what these Western idols spanning different eras in pop music share in common, is their sourcing Indic philosophy-related themes for at least one or more of their songs. Indeed, apart from exciting worldwide interest, these songs have also drawn widespread criticism and controversy. The moot question is, who holds the copyright for such usage?

Demon Slayer Season 4 just aired. In India, JioCinema released it on Sunday (June 30) while on Netflix it will drop on July 1.

progress on achieving the Sustainable Development Goals by 2030 remains uneven, slow and mostly elusive. The United Nation's annual report card, Sustainable Development Goals Report 2024, launched in New York on Friday, finds only 17 % of the SDG targets are currently on track, with nearly half showing minimal or moderate progress, and over one-third stalled or regressing. «The world is getting a failing grade,» said UN Secretary-General Antonio Guterres. «The takeaway is simple: Our failure to secure peace, to confront climate change and to boost international finance is undermining development. We must accelerate action for the Sustainable Development Goals — and we don't have a moment to lose.» Between 2015, when countries adopted the SDGs to 2019, there were marked gains and improvements though these too were insufficient to achieve the goals by 2030. However, the COVID-19 pandemic and its lingering impacts, the energy, food and economic crisis resulting from the wars and escalating conflicts, geopolitical tensions and growing climate chaos have severely hindered progress.

ICC T20 World Cup only because of Jasprit Bumrah.

compliance burden for insolvency professionals, and enhance the effectiveness of the liquidation process, the IBBI has launched a set of electronic forms under the Insolvency and Bankruptcy Code. These forms are crucial for the liquidation process under the Insolvency and Bankruptcy Code (IBC), as they facilitate systematic and transparent record-keeping and seamless reporting, the insolvency regulator said. The new circular, issued by the Insolvency and Bankruptcy Board of India (IBBI) on June 28, introduces forms LIQ 1 to LIQ 4, covering different stages of the liquidation process. Presently, the IPs submit the details regarding the liquidation process, to the board through emails, which is time-consuming and inefficient, the IBBI said in the circular. LIQ 1 includes details from the commencement of liquidation to the public announcement. Further, LIQ 2 captures information from the public announcement to the progress report, including valuation, sale, and receipts. LIQ 3 focuses on the period from the last progress report to the application for dissolution, while LIQ 4 deals with the distribution of proceeds and other final details post-dissolution order.

Hardik Pandya is bowling the last over and, well, he is no Jasprit Bumrah. David Miller, the man on strike, is one of the best finishers of the T20 game. One big hit and the match yet again drifts South Africa's way.