Mobile Financial News

Maruti Suzuki is betting big on strong hybrid and compressed natural gas vehicles and expects cumulative sales of these models in the ongoing financial year to inch closer to peak volumes the company had reported in the diesel vehicle segment five years ago. Maruti Suzuki, which stopped production and sale of diesel vehicles ahead of the transition to BSVI emission norms in April 2020, had reported best-ever sales of diesel vehicles of about 480,000 units in FY18.

Bharti Airtel and Reliance Jio are set to report sequential mobile revenue growth in the fiscal first quarter, helped by higher data usage levels and strong 4G user additions, while Vodafone Idea (Vi) will likely report contraction, stung by the continuing trend of heavy customer losses. Analysts, though, expect Airtel to report stronger average revenue per user (ARPU) growth than Jio in the April-June quarter, on the back of decent postpaid user additions and a pick-up in 2G to 4G conversions.

I have contributed continuously to the Employees Provident Fund (EPF) for over 10 years until 31 December 2015, when I was working with a company(say, ABC) . After quitting the firm, I did not withdraw my EPF and worked independently and with small companies that were not obligated to contribute to EPF for two years (2016 and 2017). I joined employer (say, XYZ) on 1 January 2018 and resumed contributing to EPF until 31 December 2019. I transferred my EPF from employer ABC to employer XYZ only in October 2022 and withdrew my entire EPF balance on 30 April without any tax deducted at source (TDS) by EPFO. Is EPF interest that accrued during the periods when I was not contributing to EPF taxable? Specifically, is the interest earned between 1 January 2016 and 31 December 2017 and between 1 January 2020 and 30 April taxable in the financial years in which the interest was earned? —Name withheld on request The accumulated provident fund (PF) balance to the credit of the employee as on the date of cessation of employment, is exempt from tax, if he/she has rendered continuous service for five years or more.

National Highway, Inspector in-charge of Muni Ki Reti police station Ritesh Sah said. A large number of trees were uprooted in the Kashipur area of ​​Udham Singh Nagar district.

Indian Express, that the water logging was reported from across the district. She also added that the disaster response teams have recovered around 250 animals. “The evacuation drive is also going on in the low-lying areas near Ghaggar, in Tiwana village near Bhankharpur in Derabassi, the evacuation was completed as a precaution," IE quoted her as saying.

Adani has raised USD 1.38 billion (Rs 11,330 crore) through stake sale in three group companies, taking the total capital raised over four years to USD 9 billion as the conglomerate draws interest from a cross-section of investors. In a statement, the ports-to-energy conglomerate said it «is committed to raising capital to fulfill its 10-year roadmap of the transformative capital management program, which was formulated in 2016 to execute the plans for various portfolio companies.» «In the most recent instance, Adani family has raised USD 1.38 billion (Rs 11,330 crore) through stake sale in the three portfolio companies — Adani Enterprises Ltd, Adani Green Energy Ltd and Adani Transmission Ltd,» it said.

Click here to read the full story Reliance has launched its internet-enabled JioBharat 4G phone at ₹999 onwards. The company says that Jio Bharat Phone is specifically targeted towards individuals who are unable to afford expensive smartphones but still rely on basic features. Jio has also introduced the Jio Bharat Mobile Plan, offering 500 MB of daily data and unlimited calling for ₹123 per month.

Wordle was created and developed by software engineer Josh Wardle, and later bought by The New York Times (NYT) publication. The Wordle can now be played on the NYT website or the Wordle mobile application. The single-player puzzle requires you to guess a word consisting of five letters, in six chances.

Digital Labs Private Limited (ADL), a subsidiary of Adani Enterprises, has recently completed the acquisition of a 29.81% stake in Enterprises Private Limited (SEPL), popularly known as Trainman, an innovative online train booking and information platform. The official announcement regarding this strategic acquisition was filed with the exchange on July 7. This move follows Adani Enterprises' previous declaration of its intention to obtain full ownership of SEPL.

Madhabi Puri Buch, chairperson of capital market regulator Sebit told the incoming students of IIM Ahmedabad at a recent event. Madhabi Puri Buch, an IIM Ahmedabad alunmus, took charge as chairperson, Securities and Exchange Board of India, last year. She had earlier served as whole time member of the market regulator and had handled Market Regulation Department, Market Intermediaries Regulation & Supervision Department, Integrated Surveillance Department, Investment Management Department, Department of Economic & Policy Analysis, Office of Investor Assistance & Education, National Institute of Securities Markets and Information Technology Department.

Chandrayaan-3 spacecraft takes flight safely. The communications lines are passing through major roads in the area, including NH5 (Chennai-Perambur-Gummidipundi), NH205 (Chennai-Tiruvallur) SH56 (Perambur-Ponneri), and SH50 (Tiruvallur-Uthukotai), and connections to Vellore, Aarani, Thiruvattipuram, Kancheepuram, Chengalpattu, and Vandalur in Chennai, Kancheepuram, Vellore, and Tiruvallur districts. Notably, Bharat Sanchar Nigam Limited (BSNL) maintains all major communication links connecting Isro’s space centre.

Himachal Pradesh. It has also issued a red alert for rainfall in seven districts of the state for the next 48 hours, according to a report published by the news agency ANI.  In an official statement, the national weather forecaster said, “Due to the continuous and heavy rainfall in the district of Lahul and Spiti, there is a great possibility of flash flooding and avalanches." Apart from a red alert, the weather office has also issued an orange alert for rainfall in three districts, and flash floods, landslides, along with shooting stones in the state.

By Julie Zhu and Josh Ye

Manipur through broadband connections, either through Internet Leased Line (ILL) or FTTH by ensuring "static IP, banning of Wifi/Hotspots from any of the routers or system, blocking of social media websites and VPNs at the local level, removal of VPN software from the system and prohibiting the installation of new software by any user and enforcing physical monitoring by the concerned authority/officials." Manipur government had asked higher authorities to consider "lifting the ban on ILL with a capping of maximum speed @10 MBPS and subject to undertaking obtained from intended/existing subscribers for not indulging in illegal spreading and posting of rumors...which may aggravate the ongoing law and order crisis." "In the event of any violation, he or she shall be liable to be punished as per provisions of relevant laws..and the subscriber shall be fixed personally responsible for any leakage/activities done by the secondary user of internet through Wifi or hotspot," the government said. The reconsideration of the ban on the internet comes as a mob of 150 to 200 people set two vehicles on fire near the Kangla Fort in the capital city of Imphal.

social media influencers shooting videos and reels in Kedarnath Dham premises, the Badrinath Kedarnath Temple Committee (BKTC) has now written to senior police officers to «take strict action against such persons,» adding that they are planning to «set up a cloak room, where the mobile handsets of devotees can be deposited in order to curb these practices in future,» TOI reported. This comes days after a video of a YouTuber purportedly proposing to her boyfriend inside the temple premises went viral on social media and enraged netizens.

Wordle was created and developed by software engineer Josh Wardle for his wife. It was later bought over by The New York Times (NYT). Now, the Wordle is to be played on the NYT website or mobile application. The single-player requires you to guess a word consisting of five letters, in six chances. We are here to help you with the clues to today’s Wordle 749 — July 8, 2023. Read on to know more.

Railways Minister Ashwini Vaishnaw on Saturday said Prime Minister Narendra Modi has created employment opportunities for youth and also a framework to promote startups in the country. The Vande Bharat, airports, ports modernisation, highways, and expressways, among other projects are examples of how infrastructure would make a difference in people's life, he noted. «After graduation, you will join some stream of economic activity where infrastructure plays a very big difference.

home upkeep but they are splurging in travel. They are spending more, and on things that indicate a growing preference for premium consumption. Despite pandemic-driven setbacks in the recent past, India's private consumption has been growing stronger since 2019 and reflects an increasing tendency to spend in categories that are driven by prosperity, says a Redseer report.

RBI, card issuers would be prohibited from entering into any arrangement or agreement with card networks that restrain them from availing the services of other card networks. RBI said it is observed that arrangements existing between card networks and card issuers (banks and non-banks) are not conducive to the availability of choice for customers.

AI4Bharat are raising $12 million from venture capital firms Peak XV and Lightspeed Venture for an artificial intelligence startup, according to three people familiar with the matter. The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI's ChatGPT dazzled users with its ability to engage in human-like conversations. Most seed rounds are usually up to $1 million to $2 million.

Ant Group on Saturday announced a share repurchase plan that values the fintech giant at $78.54 billion, as the management seeks to replenish its staff incentive pool and let some investors exit after regulators fined the firm. It marked a sharp fall in the $300 billion-plus value ascribed to the company in mid-2020 before its IPO planned for later that year was pulled.