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Mint could not independently verify these figures. The payment was made to the employees on Friday, a Flipkart spokesperson confirmed.

Brokerage firms want the SEC to speed up its review of Finra proposals that would allow them to permanently conduct remote supervision of their registered representatives.

MA Moelis Australia has made two additions to its equity research team, with a focus on resources and industrials research.

Sitharaman on Friday said the Narendra Modi government has provided several tax benefits to middle class people, including income tax exemption for those earnings up to Rs 7.27 lakh per annum. Asserting that no section of the society has been left out by the government, she mentioned about skepticism in certain quarters when it was decided to provide income tax exemption for those earnings up to Rs 7 lakh in the Union Budget for 2023-24. The skepticism was about what will happen to those earnings little more than Rs 7 lakh, she noted.

Not all online betting sites have stringent KYC policies in place. On the contrary, crypto-only platforms allow players to gamble anonymously. 

DeeLance, is creating a significant buzz in the crypto space. Its native asset, $DLANCE, has reached a new milestone of $1.52 million presale investment in just a few weeks. 

₹7.27 lakh per annum under the new tax regime. Nirmala Sitharaman also addressed skepticism raised in several quarters when the government decided to provide income tax exemption for those earning up to ₹7 lakh in the Union Budget for 2023-24. “So, we sat as a team and went into the details (to find out) at what stage you pay tax for every additional Re 1 you earn...

Union Finance Minister Nirmala Sitharaman said on Friday. Addressing an intellectuals' meet organised by the district unit of BJP in Udupi, she said the BJP rule was marked by «Seva, inclusion and improvement of Micro, Small and Medium Enterprises (MSMEs).» The reforms brought in by Prime Minister Narendra Modi-led union government in the financial sector has helped the ease of doing business, particularly in the small and medium sector in the country, she noted. She further said the Modi government has accorded priority to the growth of MSMEs by removing archaic laws and compliance burden.

Kerala capital to carry out research on viruses that have the potential to cause an epidemic or pandemic like COVID-19. The Bio-safety Level-3 Lab, set up by the Rajiv Gandhi Centre for Biotechnology (RGCB) in nearby Aakkulam, has got the approval of the Department of Biotechnology.

Mahindra & Mahindra on Friday said it has tied up with NXP Semiconductors, a leading player in secure connectivity solutions for embedded applications. As per the MoU, the automaker and NXP will jointly explore the electric and connected vehicle landscape, covering a wide range of vehicles including utility vehicles, light commercial vehicles, farm equipment, and tractors, Mahindra & Mahindra said in a statement.

However, Ripple's victory in the case brought by the SEC was only partial, with US district judge Analisa Torres also ruling that institutional sale of XRP did violate federal securities law.Nevertheless, the news sent XRP's price soaring 75% late on Thursday, with Ripple CEO Brad Garlinghouse telling Reuters that the ruling is a “a huge win for Ripple but more importantly for the industry overall in the US”.Crypto exchange Coinbase quickly said it will add XRP back to its platform and saw its own share price jump by over 20%.The SEC filed suit against Ripple, Garlinghouse and co-founder Christian Larsen in 2020, alleging that they "raised over $1.3 billion through an unregistered, ongoing digital asset securities offering".The judge has ruled that "programmatic" sales - through exchanges and algorithms - were not offers of securities under the law because it could not be said with certainty that buyers had “a reasonable expectation of profits to be derived from the entrepreneurial or managerial efforts of others".

Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Meta Platforms, Snowflake, Goldman Sachs, and Pilgrims Pride.

 Retail Insights empowers clients to accelerate digital revenues through innovation and observability and is now equipped with VTEX's cutting-edge composable and complete digital commerce platform. This collaboration enables both companies to offer an enhanced omnichannel experience, driving business growth and profitability.Vishnuu Gullipalli, CEO at Retail Insights, said, "We are excited to welcome VTEX to the Retail Insights fold of partners.

Sandman’ season 2 has become one of the earliest casualties of the Screen Actors Guild — American Federation of Television and Radio Artists (SAG-AFTRA) strike. After the talks with the Alliance of Motion Picture and Television Producers (AMPTP) collapsed Thursday and the actor’s body voted for the strike, the shooting of the famous and popular Netflix series came to a standstill. The producers of the series earlier decided to film the season in two blocks- the first to be shot between July and October 2023.

startup funding this week. Early-stage deals dominated, in volume terms, with a significant chunk of them in vertical technology categories or niche-focussed ventures. Startups managed to raise only $55 million across 16 funding rounds during the week of July 8 to 14, a decline of 89% over the same period last year, when they raised $516 million across 65 rounds, according to data provided by market research firm Tracxn.

Golteum to bring back some excitement into the sector. Golteum (GLTM) is a multi-asset DeFi platform that can potentially transform the landscape. What's more? Its ongoing presale could be an easy entry point for some massive gains.  The Golteum network is one like market participants haven't seen before.

US Congressman Ritchie Torres recently requested for two separate independent investigations into the US SEC. 

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On July 13, 2023, Ripple Labs, a cryptocurrency-based software company, secured victory in its legal battle against United States (US) Securities and Exchange Commission (SEC). Experts believe that this development can help create the long-awaited regulatory landscape around the cryptocurrency industry. 

New Delhi: India’s office real estate sector saw record institutional investments of $1.8 billion in second quarter of 2023, the highest for the past 10 quarters, according to Colliers’ data. The investment marks a 2.5 times year-on-year increase for H1 2023, bringing the total to $2.7 billion.Making up a substantial 74% of investment inflows for H1 2023, the office sector outstripped the residential sector, which attracted just 12%.

Legendary filmmaker Hayao Miyazaki and his team at Studio Ghibli are working on another anime movie, How Do You Live? Here's everything fans need to know about the upcoming film, including its release date, streaming details, and more. After six decades and numerous acclaimed projects to his name, Hayao Miyazaki is all set for his last directorial venture How Do You Live?, releasing later this year. In production for nearly a decade, the upcoming Japanese animated film is unarguably the most anticipated project from the celebrated filmmaker and artist and is set to have its debut showing this summer.