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₹4,350 crore as earnest money deposit, making them eligible for the spectrum auctions starting 6 June. India’s largest telco, Reliance Jio, deposited ₹3,000 crore, while Bharti Airtel and Vodafone Idea deposited ₹1,050 crore and ₹300 crore, respectively, according to data from the department of telecommunications (DoT) released on Thursday. The government expects a modest auction for the frequencies offered across multiple bands—800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz, and 26 GHz—valued at ₹96,317.65 crore.

₹8,500 crore of capital through either the equity or the debt route even as the metals and mining major declared its interim dividend for the year that will make a dent of ₹4,089 crore in its coffers. Vedanta will issue a dividend of ₹11 per share and has set 25 May as the record date. The company also announced the investment of an undisclosed sum in its Saudi Arabian unit Vedanta Copper International VCI Co.

I have given my statement to the police on the incident that happened to me. I hope appropriate action will be taken. The past days have been very difficult for me.

Avantax, the tax-focused financial planning and wealth firm, has gained another foothold in Northeast with an acquisition in Pennsylvania.

The Securities and Exchange Board of India (Sebi) has removed the requirement of linking permanent account number (PAN) with Aadhaar, providing some relief for mutual fund investors to obtain a “KYC-registered” status for mutual fund transactions. However, investors require a “KYC-validated” status, which is only possible after linking PAN with Aadhaar, for unconstrained transactions across all fund houses. A KYC-registered status allows investors to only transact with the fund houses they already have investments with.

Income tax return filing for 2023-24: The Income Tax Department has activated all the necessary utilities and enabled forms to facilitate ITR filing for the fiscal year 2023-24 (AY 2024-25). On the e-filing portal, all forms are available – ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, and ITR 6.

assault incident, Aam Aadmi Party (AAP) MP Swati Maliwal has given a statement to the Delhi Police. Maliwal expressed hope for appropriate action to be taken following her statement. The incident, which reportedly took place at the residence of Delhi Chief Minister Arvind Kejriwal, has caused Maliwal to describe the past few days as «very difficult.» Following her statement to the police, Maliwal took to social media to address the issue further. In a post on X, Maliwal wrote, «What happened to me was very bad. I have given my statement to the police on the incident that happened to me. I hope that appropriate action will be taken.» She also thanked those who supported her during this challenging time. Maliwal also addressed attempts to tarnish her character, stating that she hopes even those individuals find happiness. Additionally, Maliwal emphasized the ongoing Lok Sabha elections, highlighting the importance of national issues over individual incidents. She made a special request to the Bharatiya Janata Party (BJP) to refrain from politicizing the assault incident. «Important elections are going on in the country, Swati Maliwal is not important, the issues of the country are important. There is a special request to BJP people not to do politics on this incident,» she said in her post.

National Testing Agency (NTA) has issued an important update regarding the CUET (UG) — 2024 examination for students taking the test in Delhi centres. Earlier, the agency postponed exams for Delhi centre on May 16, 17, and 18. The NTA has announced that updated admit cards for Delhi students are out.

astrology platform InstaAstro has raised $2.3 million (Rs 18.50 crore) in a funding round led by Artha Venture Fund. The round also saw participation from LogX Ventures, Singularity Ventures, IR Capital Partners, Blume Founders Fund and Aloke Bajpai, managing director and chief executive of Ixigo.

One of the alleged hitmen accused of killing B.C. Sikh temple leader Hardeep Singh Nijjar was arrested and released in Surrey, B.C., shortly before the attack, according to court records.

Congress leader Priyanka Gandhi has voiced her support for AAP MP Swati Maliwal, who was allegedly assaulted by a former aide of Arvind Kejriwal. Gandhi refrained from directly commenting on the case, stating that it is an internal matter of the AAP. «If any atrocity happens to any woman anywhere, we stand with the woman. I always stand with women — irrespective of which party they belong to. Secondly, AAP will discuss amid themselves and make a decision. It is up to them,» Priyanka said when asked about the alleged assault which has put not just the AAP but also other parties of opposition's INDIA bloc on the backfoot. Opposition parties, including the BJP, have avoided directly addressing the assault case. The BJP has demanded action against Bibhav Kumar, the former PA to Arvind Kejriwal, who is accused of misbehaving with Swati Maliwal. Maliwal, known for her activism against injustice towards women, has chosen to remain silent on the issue.

remittances peaked till the election year and then slowed down. India has been on top of the charts of remittances from its diaspora. In 2022-23 it crossed the $100billion mark to $112 billion and a record $29 billion in the December quarter alone. But will the uptrend continue? An explainer on what drives inward remittances. What are inward remittances? They are money sent by an Indian who is residing overseas to their families back home for their daily maintenance. In India, in terms of data, it is reflected in “ private transfers” in the balance of payments and is a major source of foreign currency resources for any economy.

Oberoi Realty shares extended their winning streak for the fourth consecutive day on Thursday, posting a surge of 8.70% to close at ₹1,711 per share. The stock also registered a new record high of ₹1,727.95 during the session. Investor confidence remained high following the company's strong performance in Q4 and FY24, which was released during Wednesday's trading hours.

₹7.51 in May 2023 to touch its record high of ₹90.19 in intra-day deals today. In the last 5 years as well, the stock has given exceptional returns, rallying 12255 percent from ₹0.73 in May 2019. Meanwhile, it has soared over 6388 percent in the last 3 years from ₹1.39 in May 2021.

Bolvin Wealth Management Group President Gina Bolvin discusses the move in commodities, expected inflation data, the housing industry and her outlook for consumers.

cash seized from the Ranchi-based premise of the domestic help of a secretary of Jharkhand minister Alamgir Alam «pertains» to the lawmaker and he enjoyed a fixed commission of 1.5 per cent from every tender executed in his department, the ED alleged on Thursday. The federal agency made this claim as it produced the 74-year-old Alam, a Congress leader from Pakur, before the court of special Prevention of Money Laundering Act (PMLA) Prabhat Kumar Sharma. He was arrested on Wednesday by the agency here. The court sent him to six days of ED custody. The ED had raided Alam's personal secretary Sanjeev Kumar Lal and his domestic help Jahangir Alam on May 6 and recovered a total Rs 32.2 crore from a flat in the name of the latter person. The total cash seizure in this case is Rs 37.5 crore.

Also Read: Viral Video: Man makes paratha with diesel, netizens say ‘true recipe for cancer’ The video has gone viral on social media and has garnered nearly 26,000 likes since it was uploaded days ago. The viral video begins with Range Rover's number plate, which shows Kerala's registration number.

Dividend on Ordinary (Equity) Shares for the year ended 31st March, 2024, as recommended by the Board of Directors and as may be declared at the AGM, will be paid/dispatched after 31st July, 2024 to those Shareholders or their mandates,” said the company filing to the exchanges. M&M announced its Q4 results wherein the company has reported a 32% year-on-year (YoY) spike in its profit to Rs 2,038 crore while the revenue from operations in the reporting period rose 11% YoY to Rs 25,109 crore, compared with Rs 22,571 crore in the corresponding period of last year.

Naukri.com operator Info Edge on Thursday reported an 18% year-on-year (YoY) jump in its March quarter standalone profit to Rs 211 crore while its revenue recorded a 7.9% growth to Rs 608.3 crore. The company also announced a final dividend of Rs 12 per share for FY 2023-24.

₹2,038.21 crore in the fourth quarter of FY24, registering a growth of 31.6% from ₹1,548.97 crore in the year-ago period. The auto major’s revenue from operations in Q4FY24 increased 11.24% to ₹25,108.97 crore from ₹22,571.37 crore, year-on-year (YoY). At the operational front, earnings before interest, taxes, depreciation and amortization (EBITDA) in the March quarter rose 12% YoY to ₹3,119 crore from ₹2,789 crore, while EBITDA margin remained flat at 12.4%.

Alamgir Alam, who was arrested by the Enforcement Directorate in connection with a money laundering case, was remanded to the ED custody for six days, said lawyers on Thursday. The minister was produced before a PMLA court in Ranchi earlier today amid tight security arrangements. Alam was arrested after a six-hour interrogation by the federal agency at their office in the city on Wednesday.