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Zomato and Swiggy are planning to approach goods and services tax authorities to explain their position, after they received notices seeking tax on delivery fees collected from consumers. The issue could have wider implications, as a senior government official said other companies collecting such fees from users could also be asked to pay tax on the amount, which the platforms claim that they pass on to their delivery partners.

cofounders of ecommerce platform Dealshare, have left the firm which has seen multiple rounds of job cuts and a business restructuring this year, people in the know told ET. While Rao “stepped down” from his role of chief executive in July and was supposed to work with the board for hiring a new CEO, he has now left Dealshare even as the company has yet to name his successor, several people aware of the matter said. Bora, who was chief operating officer, has also moved on from the company which is now shifting its non-tech functions to Gurgaon.

Investing.com-- Japanese core consumer inflation grew slightly below expectations in October as food  prices eased, although the reading still remained well above the Bank of Japan’s target as overall inflation accelerated. 

Morgan Stanley’s wealth management arm is searching for more financial advisers to target an ever-growing list of wealthy Australian families.

By Denny Thomas

Origin Energy Ltd.’s top investor rejected a revised A$19.1 billion (US$12.5 billion) takeover plan by a Brookfield Asset Management Ltd.-led group, casting the year-long pursuit into new doubt.

₹1.78 trillion in October aided by strong festive season purchases on e-commerce platforms, latest Reserve Bank of India data showed. The spending had seen a dip in September as consumers prioritized saving ahead of big buys in the festive season. Total spending via credit cards jumped 38.3% year-on-year and 25.4% month-on-month in October.

Mint in the week gone by. The government is on track to meet its ambitious aim of ₹10 trillion capital expenditure. Latest data show road accidents have become more fatal in recent years.

The Serpent Queen season 2 is yet to be announced by Starz, the network behind the series. The first season premiered on September 11, 2022, and a second season was confirmed a few days before the season 1 finale in October 2022. As of now, Starz has not revealed any official premiere date for the upcoming season.

Marvel Studios is closing out 2023 on a high note with the sophomore season of a Phase 4 Disney+ series. The MCU had a major year in 2023 with the advent of Phase 5 with Ant-Man and The Wasp: Quantumania and Guardians of the Galaxy Vol.

Candidates are displaying their political lineages quite openly. At the entry gate of its election office in Jhunjhunu assembly seat, the Congress has displayed the photographs of the state transport and safety minister Brijendra Singh Ola and his father, the late Sis Ram Ola, who was once a former union minister, in its banner. While Sis Ram Ola was a five-term MP from Jhunjhunu seat and was an MLA several times, his son Brijendra Ola is now seeking his fourth consecutive term as MLA. BJP could win this seat only once in 2003.

expert panel on the Uttarakhand tunnel disaster indicated that construction was caught in a 'shear zone' situation and lacked the required escape route or piped passage in case of emergencies, it is learnt. As per guidelines, any tunnel of more than 1.5 km must have an escape passage for emergencies. Project proponents claimed that there was a piped escape passage in place until a few days before the tunnel collapse, but it was removed for some reason, it is learnt. The tunnel collapsed on November 12 and an expert committee was set up on November 14. Key to the collapse was in all probability the 'shear zone' it hit, first expert observations indicated. Debris observed at the tunnel collapse site shows the metamorphic phyllite rock in pulverised form, as per preliminary observations. This 'shear zone' was probably missed at the time of inspections before drilling began.

By Jonathan Cable

Charley Webb and Matthew Wolfenden have announced their separation. The three children of the couple, who met on the Emmerdale set, are three-year-old Ace, six-year-old Bowie, and twelve-year-old Buster. They started dating in 2007. In an attempt to show a unified front, they confirmed the separation with a joint Instagram statement. We both have decided to split with all love and respect.

Beyoncé has just made Thanksgiving Day very special for her for fans. The 'Halo' singer popped in for a video message during the Macy's Thanksgiving Day Parade, showcasing the'Renaissance' film trailer. «Hey, it's Beyoncé wishing you and your family a very happy Thanksgiving. I'm so honored to share with you the first look at the 'Renaissance' film trailer,» the award-winning singer was seen saying in the video. The teaser for «Renaissance: A Film by Beyoncé» opens with Beyoncé's daughter, Rumi, taking charge behind the camera, capturing moments of her multi-talented mother. «Rumi, can I teach you a trick? You have to turn it (the camera) to the side.

Adele was seeing wearing a wedding ring as she enjoyed a game of Basketball with her new husband Rich Paul. The couple made a public appearance to watch the LA Lakers face the Dallas Mavericks in Los Angeles on Wednesday, radiating happiness as they enjoyed the game at the Crypto.com arena. Adele, 35, recently surprised her fans by seemingly confirming her marriage to sports agent Rich, 41, during a conversation with her friend Alan Carr at his comedy show. Having already referred to Rich as her 'husband' on multiple occasions, including during her Las Vegas residency, the couple, engaged earlier this year after two years of dating, was spotted courtside at the sports event.

NCLAT) allowing a State Bank of India (SBI) petition seeking to set aside a lower court's approval for the resolution plan submitted by Darwin Platform Infrastructure (DPIL). This is the second bank objection to the loan default resolution of Lavasa Corporation, billed as the first private hill town project to be built since Independence. It comes almost two years after creditors approved the plan overwhelmingly in December 2021 and months after the NCLT gave its nod in July this year. In its application, the SBI had sought to set aside the NCLT order and contended that DPIL did not adhere to the waterfall mechanism of the Insolvency and Bankruptcy Code (IBC) which does not treat government dues as secured creditors.

Registrars of Companies (RoCs) stepped up action after the 2019 decriminalization of various company law violations, resulting in a near fivefold jump in orders in just four years. These orders entail a penalty but no prosecution, easing the load on the judicial system and freeing up companies to focus on their business. Over 2019 and 2020, the government decriminalized over four dozen violations for faster adjudication of corporate defaults and lapses.

Barclays is working on plans to save as much as £1 billion ($1.9 billion), which could involve cutting as many as 2000 jobs, mainly in the British bank’s back office, a person with direct knowledge of the proposals told Reuters.

A year after Bank of Queensland’s then chief executive George Frazis said goodbye to the banking C-suite, he’s preparing for his next innings – this time as an adviser on debt capital markets.

One of Canada’s major banks is forecasting a steeper drop in home prices amid a “sudden surge” of supply in some real estate markets.