Clipped from: https://www.business-standard.com/article/markets/kotak-mahindra-bank-added-to-ftse-index-nearly-after-nine-years-123021700831_1.html Move follows sustained dip in FPI holding in the counter; IDBI Bank, Patanjali among other stocks to get in Private sector lender Kotak Mahindra
Day: February 17, 2023
India’s forex reserves post biggest weekly decline in over 11 months | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-forex-reserves-post-biggest-weekly-decline-in-over-11-months-123021700832_1.html The reserves stood at a one-month low of $566.95 billion at the end of last week, down from $575.27 billion at the end
Why related party transactions may need more regulatory attention | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/why-related-party-transactions-may-need-more-regulatory-attention-123021700539_1.html The practice picked up during the pandemic, come into focus as Adani controversy unfolds The way the Adani Group conducts related party transactions is part
👍👍👍*[Tax on Gaming]The right bet on taxation? | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-right-bet-on-taxation/2983970/ Budget FY24 provisions on taxing the winnings in online games impose a large cost on gaming companies, in the form of a heavy
👍Government focussing on formalising economy: FM | The Financial Express
Clipped from: https://www.financialexpress.com/economy/government-focussing-on-formalising-economy-fm/2983976/ No plan to issue dollar-denominated govt securities: Finance secy Finance Minister Nirmala Sitharaman (File) Finance Minister Nirmala Sitharaman on Thursday said the government
👍Layoff phase to fizzle soon | The Financial Express
Clipped from: https://www.financialexpress.com/jobs/layoff-phase-to-fizzle-soon/2983954/ 92% recruiters express optimism about hiring in the first half of 2023: Naukri According to Naukri.com Hiring Outlook survey, nearly half of those
👍Employers keen to hire more freshers | The Financial Express
Clipped from: https://www.financialexpress.com/jobs/employers-keen-to-hire-more-freshers/2983936/ The top three industries with the most robust intent to hire freshers are information technology (67%), e-commerce & technology start-ups (52%) and telecommunications
👍HDFC raises Rs 25,000 cr in largest-ever local bond issue | The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/hdfc-raises-rs-25000-cr-in-largest-ever-local-bond-issue/2983930/ HDFC had set an issue size of Rs 5,000 crore for the issue, with an option to retain oversubscription of Rs 20,000 crore.
👍Banks go all out to raise deposits | The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/banks-go-all-out-to-raise-deposits/2983913/ Various banks are also tweaking the branch expansion strategy, so that the deposit-sourcing potential of a particular geographic region is taken into account.
👍👍👍*Tax market-linked debentures carefully | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/tax-market-linked-debentures-carefully/2981703/ The Finance Bill 2023 proposes to tax the gains from these as short-term capital gains, irrespective of period of holding. Although it seems
👍India looks to tap mom-and-pop stores to boost tax base – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/india-looks-to-tap-mom-and-pop-stores-to-boost-tax-base/articleshow/97986669.cms Synopsis The GST – which subsumed a host of state and federal levies when it was introduced in 2017 – requires businesses with
👍Here’s why Anand Mahindra thinks Twitter is a better search engine than Google or ChatGPT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/magazines/panache/heres-why-anand-mahindra-thinks-twitter-is-a-better-search-engine-than-google-or-chatgpt/articleshow/97984824.cms Synopsis The Mahindra Group boss discovered the reason why Twitter was able to achieve this title. It was a usual Thursday. Billionaire Anand Mahindra,
👍Govt. likely to place reverse charging of GST on scrap before Council – The Hindu
Clipped from: https://www.thehindu.com/business/govt-likely-to-place-reverse-charging-of-gst-on-scrap-before-council/article66517820.ece Industry flags difficulties arising from non-compliance by informal sector scrap dealers to Revenue Secretary; official signals govt. may broaden scope to include non-metallic
👍Google India sacks 453 people from various operations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/google-india-sacks-453-people-from-various-operations/article66518295.ece Meanwhile, YouTube Global CEO Susan Wojcicki quits; to be replaced by Indian-origin Neal Mohan Last month, Alphabet Inc, the parent company of Google,
👍Promoters’ share pledge increased to ₹2.2-lakh crore in December quarter: Kotak Institutional – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/promoters-share-pledge-increased-to-22-lakh-crore-in-december-quarter-kotak-institutional/article66517296.ece Lloyds Metals, Happiest Minds too join bandwagon Promoters of Lloyds Metals and Energy, and Happiest Minds created fresh pledging in October-December 2022 quarter,