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₹30.50 for 19-kg commercial cylinders. As of April 1, the price in Delhi stands at ₹1,764.50. Additionally, the price of 5 kg FTL cylinders has been reduced by ₹7.50.

Infosys: The IT firm is set to receive a tax refund of ₹6,329 crore from the income tax department. However, the company is simultaneously facing a significant tax liability of ₹2,763 crore according to assessment orders. These orders are based on various provisions of the Income Tax Act of 1961.

Daniel Kahneman, who passed away on 27 March at the age of 90, told us that our ability to make good decisions is not as easy as it appears. We rely too much on intuition for decisions that need deep and analytical thinking. Nowhere is this more apparent than in the process of making financial decisions. Here are the six mistakes Kahneman points out that can help investors avoid big money losses. 1.The Halo Effect The tendency to like everything about a person/management towards which investors have an affinity. A prime example is Asian Paints, a company that has been the darling of fund managers who look at ‘quality’ as their biggest parameter. These are companies that have high price-to-earnings (PE) ratios, but have built a ‘halo effect’, which basically states that irrespective of their valuations, these stocks will continue to give high returns. Over the past one year, the Asian Paints share has moved up by only 2%, against 30% rise in the Nifty. Even on a fiveyear basis, Asian Paints has lagged the Nifty. While the Nifty 50 rose 92%, Asian Paints rose 90%. The company had a PE ratio of 98x in 2021-22, which has now come down to almost 50x.

ICICI PRU BLUECHIP BASIC FACTS DATE OF LAUNCH 23 MAY 2008

«Talks are on with the United States (US), Australia, and United Kingdom (UK), South Korea, and Japan for processing technology. Brazil and Argentina are also positive about collaborating with India,» a senior mines ministry official told ET. According to another official aware of the plan, agreements with countries are being lined up and will soon be signed.

₹375 per bag, as per a recent report by ICICI Securities. This, even as input costs in terms of energy saw an uptick during this period. In May 2022, Adani spent $10.5 billion to buy Ambuja Cements Ltd and ACC Ltd from Switzerland's Holcim, becoming the country’s second-largest cement manufacturer, behind Aditya Birla’s Ultratech.

Pre-packaged insolvency resolution processes, or pre-packs, were introduced to India’s Insolvency and Bankruptcy Code (IBC) in April 2021 with the goal of giving micro, small and medium enterprises (MSMEs) a fast, cost-efficient and effective way to resolve financial stress. Debtors and creditors are expected to put an early effort into resolving a troubled MSME’s liquidity problems quickly. The pre-insolvency regime is especially important for MSMEs, which have simple business structures and can’t absorb sudden disruptions.

contraception for women, the government said Saturday as it highlighted the first part of a major health care reform. The government will pay for the most widely used methods to avoid pregnancy, such as IUDs, contraceptive pills, hormonal implants or the day after pill, for the nine million Canadian women of reproductive age, Deputy Prime Minister Chrystia Freeland said at a press conference in a pharmacy in Toronto.

Several Quebec Tim Hortons franchisees are taking the brand’s owner to court, blaming what they describe as unreasonable constraints in the company’s licensing agreements for lower-than-expected profits.In a lawsuit filed in Quebec Superior Court on Thursday, 16 companies with Tim Hortons franchise licences allege the TDL Group Corp.’s contracts “place it in a position of absolute dominance” over their combined 44 restaurants.“Through these Tim Hortons licence agreements … TDL controls every essential lever involved in the running of a restaurant,” from deals with suppliers to equipment,” the plaintiffs allege in their application.TDL also sets prices for both menu items and the ingredients restaurants need to make them, the lawsuit contends.Yet TDL’s policy of fixing prices didn’t adapt to the market, the franchisees assert. They argue the franchisor’s rules leave them “no room for maneuver” and impose costs they are unable to match in sales.

—Name withheld on request In today’s digitally interconnected world, our reliance on online transactions for personal and business purposes exposes us to increasing cyber threats. As an entrepreneur dealing with multiple online transactions, your concerns are valid. Safeguarding this private and sensitive data is imperative.

INDIA bloc held a massive rally here on Sunday against the arrest of Arvind Kejriwal, Prime Minister Narendra Modi kickstarted the NDA Lok Sabha campaign from Meerut in west Uttar Pradesh with a public meeting where he alleged that the Opposition has formed a coalition to protect the corrupt while he has ensured that those engaged in huge corruption are put behind bars. “In the last ten years, the country has seen that we have started the fight against corruption, we have ensured that no middleman is able to steal money from the poor… I am fighting against corruption and because of this, some people are facing problems… Modi’s mantra is remove corruption and they say ‘save the corrupt’. This election is between the NDA, which is fighting against corruption and the other group, which is fighting to save the corrupt,” he said at the joint rally of NDA partners. He took digs at the Opposition on corruption and the formation of INDI Alliance to fight him.

By Carl Gomez

₹5,144 crore, as per the company’s latest filings sourced from Tofler. While the company grew its total income 71% to ₹718 crore during the year, the growth in advertising—a key revenue stream—appears to be slowing down. To understand the way forward for the company, and if it can survive, we spoke to former and current employees, investors, market watchers and ShareChat’s current bosses—Sachdeva and Manohar Charan, the chief financial officer (CFO).

₹26. He was left in shock when he received a whopping bill of ₹ 7.66 crore on his app. "The good thing is that the trip has not been cancelled yet," the post read.

Mint has curated a list of top five health insurance plans. This story, second in a Mint series, provides a detailed understanding of HDFC Ergo Optima Secure that secured the second spot based on ratings decided by Mint-Beshak.org. (ICICI Lombard Health AdvantEdge topped the list and was featured in January.

₹85.34 crore in profits, against a small loss in the same period last year. In an exclusive interview with Mint, Dolf van den Brink, chairman of the executive board and CEO of Heineken, UBL's Dutch parent, said India escaped a major impact from geopolitical issues like raw material cost inflation because of its local sourcing. Van den Brink said the company plans to expand the Heineken brand further nationally.

Stellantis Chief Executive Carlos Tavares in February made an intriguing announcement: The Chrysler-parent company would remain all-in on electric vehicles, even as competitors scale back and sales growth slows. “We’re going flat out," he told analysts on the company’s earnings call. The 65-year-old’s view on battery-powered vehicles is a drastic change from just a year ago, when he sounded the alarm on the high cost of EVs.

insurance policyholders, starting from April 1, 2024. One is mandatory e-Insurance policies for new policyholders and the other is regarding the surrender charges of the life insurance plans such as endowment policies. Here's what policyholders need to know:

Cognition Labs, a startup developing an artificial intelligence tool for writing code, is in talks with investors to raise funding at a valuation of up to $2 billion, in a test of the investor frenzy around new AI technology. If completed at that valuation, the funding would increase the startup’s valuation to nearly six times what it was weeks ago. Silicon Valley venture firms including Founders Fund, already a shareholder in Cognition, are in talks to invest in the current round, people familiar with the matter said.

home loan processing fee is a singular fee imposed by lenders for evaluating your home loan application. This fee primarily includes the expenses associated with verifying your income and employment information, assessing your creditworthiness, and assembling all the required documentation for your loan. The processing fees for home loans usually vary between 0.25% and 1% of the loan amount.

immigration fee hikes set to take effect from April 1. The plaintiffs, including ITServe Alliance, the American Immigrant Investor Alliance (AIIA), and a Canadian EB-5 investor, had sought to delay the imposition of the revised fees until the lawsuit is resolved. As a result, applicants, including American employers, will now be required to bear the increased visa and immigration fees, which span a broad range of applications. However, the legal proceedings are ongoing. According to a TOI report, the lawsuit, initiated by ITServe Alliance and AIIA, challenges the substantial fee hikes in EB-5 visa fees and the additional asylum fee for employers hiring H-1B workers, which were introduced without proper rule-making procedures. AIIA remains optimistic about the lawsuit's prospects, noting that the court did not oppose their main argument and believes they have a strong chance of success.