Information Financial News

Yatra Online listed at a discount of 10.2% to the issue price of Rs 142 on NSE at Rs 127.5 in Thursday's trade. Meanwhile, on BSE, the stock debuted at Rs 130, a discount of 8.4% Backed by retail and QIB investors, the initial public offering of Yatra Online was subscribed 1.61 times on the last day of bidding.

ICICI Lombard General Insurance Company slipped over 1% as it received a show-cause cum demand notice from the government with a tax demand of Rs 1,728.86 crore on alleged non-payment of GST. The show cause notice was received by the company on Wednesday, the information on which was given by the company late night. «The alleged demand and the impugned Show Cause Cum Demand Notice pertains to non-payment of GST on the Co-insurance premium accepted as follower in case of coinsurance transactions and non-payment of GST on re-insurance commission accepted on the reinsurance premium ceded to various Indian and Foreign reinsurance companies during the period July 2017 to March 2022,» the exchange filing said. The shares of ICICI Lombard were trading at Rs 1,284.95 on the NSE in the opening trade, down by Rs 18.65 or 1.43%. It had ended at Rs 1,303.60 on the NSE on Wednesday, down by Rs 9.70 or 0.74%. Recently, Indian casino operator Delta Corp plunged as much as 20% on Monday to their lowest since January 2021, after the company said that it received a notice to pay 111.40 billion rupees ($1.34 billion) in tax arrears. Delta Corp, which owns casinos as well as poker and rummy websites, added that the company and two of its units received intimations of an additional tax shortfall aggregating to 56.83 billion rupees for the period between July 2017 and March 2022. As per the filing to the exchanges, the alleged shortfall relates to Delta Corp and its two subsidiaries, Highstreet Cruises and Entertainment Pvt.

Uttar Pradesh's Ayodhya will begin with the expected opening of the grand Ram temple in January 2024, officials said. The Ram Temple's consecration ceremony is likely on January 22 next year. «It is a race against time, but the airport will be completed along with the construction of the Ram temple,» said an official. According to the Airports Authority of India (AAI) officials, in the second phase, Ayodhya will have international commercial flight operations. The first phase includes commercial flight operations from Ayodhya airport, a 2245-metre-long runway development and installation of a Doppler Very High Frequency Omni Range (DVOR) as well as a homing gate system.

Yatra Online IPO: Listing date of the initial public offering (IPO) of Yatra Online Ltd has been fixed on 28th September 2023 i.e. today. As per the information available in BSE notice, "....

Meitei and Kuki communities since May 3, the Manipur government is likely to adopt a ‘one district, one force’ arrangement for better coordination of security forces. According to the arrangement, one paramilitary force will be responsible for maintaining a law and order situation in one district, Hindustan Times reported. A security official in Delhi informed that news outlet that the move will potentially reduce the possibilities of conflicts among forces in Manipur.

US State Department on Wednesday informed that the India-Canada diplomatic standoff regarding the killing of Khalistan terrorist Hardeep Singh Nijjar didn't come up during last week's meeting between External Affairs Minister S Jaishankar and Secretary of State Antony Blinken. Jaishankar had met his US counterpart Blinken in New York on the sidelines of the United Nations General Assembly (UNGA) session. Australian Foreign Minister Penny Wong and Japanese Foreign Minister Yoko Kamikawa were also present at the Quad meeting. «That was not a bilateral meeting.

Introduction

healthcare fraud and engaging in money laundering. According to court documents and evidence presented at trial, Yogesh Pancholi, 43, owned and operated Shring Home Care Inc, a home health company based in the US state of Michigan.

Justin Trudeau apologised Wednesday for Parliament's recognition of a man who fought alongside the Nazis during last week's address by Ukraine President Volodymyr Zelenskyy. Trudeau said the speaker of the House of Commons, who resigned Tuesday, was «solely responsible» for the invitation and recognition of the man but said it was a mistake that has deeply embarrassed Parliament and Canada.

Investing.com — Oil prices jumped more than 3% Wednesday, with U.S. crude hitting a 10-month high above $94 a barrel, as traders responded to another weekly drop in crude stockpiles in the United States even as demand for fuels fell amid a seasonal decline in road travel.

Morgan Stanley has raised price targets on shares of large-cap and mid-cap Information Technology stocks. The brokerage’s top picks in the sector are HCL Technologies, LTIM, Infosys, and Cyient.

Digital India Bill is likely to define and encode in law various online offences such as cryptojacking, astroturfing, dogpiling or cyber-mob attacks, dogwhistling, swatting, gaslighting and catfishing, people in know of the development told ET. These offences are likely to be included under the broad category of user harm, and it may also define the penal provisions associated with them, one of the persons said.

Russia has accused Ukraine’s Western allies of helping plan and conduct last week’s missile strike on the Black Sea Fleet’s headquarters in Crimea

The price of Bitcoin has held steady this week even as stocks have tumbled, a divergence that some analysts say could signal more pain ahead for the cryptocurrency market.

SEC Chair Gary Gensler faced rounds of grilling and scolding at a House Financial Services Committee hearing Wednesday, with Republicans focused on the agency’s efforts on climate-related disclosures, crypto regulation, artificial intelligence, the Consolidated Audit Trail and overall pace of rulemaking.

PAW Patrol: The Mighty Movie, the latest installment in the PAW Patrol franchise, is set to hit the screens soon, and fans are eager to know where they can catch it. Here's the information on where you can stream it. This animated superhero comedy, a sequel to the 2021 PAW Patrol: The Movie, is helmed by director Cal Brunker, who also co-wrote the script with Bob Barlen, continuing their collaboration from the first film. So, where can you watch PAW Patrol: The Mighty Movie? Is it available online? Read on for the details.

Telugu Desam Party president N Chandrababu Naidu challenging the Andhra Pradesh high court order dismissing his petition for quashing the first information report (FIR) against him in the alleged multi-crore Skill Development Corporation scam. After the recusal, Naidu's lawyer, senior advocate Siddharth Luthra mentioned the plea before a bench headed by Chief Justice of India (CJI) D Y Chandrachud which refused to restrain the trial court from hearing a plea filed by Andhra Pradesh Crime Investigation Department (CID) seeking police custody of Naidu. Naidu's plea will come up for hearing on October 3.

OpenAI says ChatGPT can now browse the internet to provide users with current information and that browsing is no longer limited to data before September 2021. «Browsing is available to Plus and Enterprise users today, and we'll expand to all users soon. To enable, choose Browse with Bing in the selector under GPT-4,» the company said in a post on X, formerly known as Twitter.

NEW DELHI : The finance ministry will hold a series of meetings with various ministries and departments starting early October to finalize the revised budget estimates for FY24 and the FY25 budget numbers with a pre-election focus on balancing a possible rise in subsidy requirements with the need to maintain fiscal prudence. As many as 65 meetings will be held within a span of a month, a person informed about the official schedule of consultations said.

Click here! “Pixel event invites also just went out. We are descending into the most fun time of the year, tweeted Marques Brownlee, a popular American YouTuber on X (formerly known as Twitter) The leaked information regarding the Pixel 8 series has provided insights into the potential appearance of the smartphone. The design of Pixel 8 series is not anticipated to undergo significant changes following the introduction of a visor-like camera module in the Pixel 7 series, but there might be a shift from a curved display to a flat one in the Pixel 8 Pro.

Kerala is pursuing an ambitious goal of helping 1000 small and medium enterprises (SMEs) scale up to an annual turnover of Rs 100 crore in three years with technology adoption. “This is part of Kerala’s Mission 1000 programme. The government will handhold these SMEs and help them modernise and adopt best global practices,” Kerala’s Industries, Law & Coir Minister P Rajeeve told ET.