Expect rural sales contribution at record levels this fiscal, says Hyundai
Hyundai Motor India expects sales contribution from rural areas to remain at record levels in the current fiscal as well on account of various factors including anticipation of a favourable monsoon, according to a senior company executive. The country’s second-largest automaker, which sells models like Creta and Venue, reported 11 per...
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Land deals on upswing; 721 acres closed in January, March in FY24, says Anarock
22 April 2024 | PTI -
Majority of top 100 companies making disclosures about carbon emissions: PwC India
22 April 2024 | PTI -
UltraTech Cement acquires grinding unit from India Cements
22 April 2024 | PTI -
Insurance regulator IRDAI abolishes age restriction on health insurance product
22 April 2024 | PTI -
Indian Biogas Association joins hands with HAI to promote hydrogen
22 April 2024 | PTI -
Direct tax collections exceed estimates in FY24
22 April 2024 | PTI -
Six of top ten valued firms take `1.40 lakh crore hit in mcap
22 April 2024 | PTI
Direct tax collections exceed estimates in FY24; jump 18 pc to Rs 19.58 lakh crore
India's net direct tax collections surged by a massive 17.7 per cent year-on-year to Rs 19.58 crore in the fiscal year ended March 2024, surpassing even revised estimates by a wide margin, the tax department said on Sunday. Net collections of income and corporate taxes, which make up for most of...
India role during G-20 presidency appreciated at IMF and WB meeting: Seth
During the annual Spring meetings of the IMF and the World Bank there was a widespread appreciation of the role played by India during its G-20 presidency in building consensus on a range of key global issues, a top Indian official has said. India hosted the G20 Summit in New Delhi...
Premier Energies files IPO papers with Sebi; looks to raise `1,500 cr
Solar cell company Premier Energies Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The Hyderabad-based company's IPO is a combination of a fresh issue of equity shares worth Rs 1,500 crore and an offer for sale (OFS) of up to...
FarEye launches initiative to help logistics startups in fundraising, mentoring
Last-mile Technology platform FarEye on Saturday said it has launched an initiative, Innovation Nexus, to help startups raise funds and receive mentoring from global experts in the logistics sector. The initiative will provide a direct platform for promising logistics startups to engage with industry leaders and foster connections, the company said. FarEye...
India becoming a convenient hub for travel between SE Asia & Middle East
India is slowly becoming a convenient hub for travel between Southeast Asia and the Middle East as airlines prefer to transfer people by connecting through Indian cities, a top industry official said. There is huge growth in India and many domestic routes are used by airlines for connectivity, V Sumantran, the...
Gems, jeweller exports in FY24 dip by 12.17 per cent to Rs 2.65 lakh crore: GJEPC
Gems and jewellery exports declined by 12.17 per cent to Rs 2,65,187.95 crore (USD 32,022.08 million) during 2023-24, compared to the previous financial year due to high interest rates in the US and slow recovery in China, Gem and Jewellery Export Promotion Council (GJEPC) data showed. Gems and jewellery exports in...
Zomato gets Rs 11.82 crore tax demand notice
Online food delivery platform Zomato has received a tax demand and penalty order of Rs 11.82 crore related to GST on export services provided to its subsidiaries located outside India from July 2017 to March 2021. The order was passed by the Additional Commissioner, Central Goods and Services Tax, Gurugram, raising...
