Sebi extends deadline till Jan 27 for comments on proposal to strengthen grievance redressal

Sebi extends deadline till Jan 27 for comments on proposal to strengthen grievance redressal

Tuesday, 10 January 2023 | PTI | new delhi

Sebi on Monday extended deadline till January 27 for submission of public comments on a proposal to strengthen the existing complaint redressal process in the securities market by making use of online dispute resolution mechanisms. The capital markets regulator had placed the consultation paper on its website on December 19, 2022...

India needs to attract investors exiting China, says Fadnavis

Monday, 09 January 2023 | PTI | Aurangabad

Maharashtra Deputy Chief Minister Devendra Fadnavis on Sunday said India should be ready to attract industries exiting China, as global investors have realised they "cannot put all eggs in one basket". Addressing the valedictory session of the Advantage Maharashtra Expo here, Fadnavis said there was an "exodus" of industries from China,...

Gautam Adani says regrets not completing college education

Monday, 09 January 2023 | PTI | New Delhi

He dropped out of formal education at the age of 16 in 1978 to take a train to Mumbai to try his luck and three years later made his first killing -- a Rs 10,000 commission doing a diamond trade with a Japanese buyer. That marked the beginning of the entrepreneurial...

Loans worth Rs 2,500 cr disbursed to street vendors, small scale entrepreneurs in Raj

Monday, 09 January 2023 | PTI | Kota

Loans worth Rs 2,500 crore were given in a single day to street vendors, small scale entrepreneurs and cattle rearers at a credit outreach program here on Sunday. Union Finance Minister Nirmala Sitharaman and Lok Sabha Speaker Om Birla handed over the cheques to some beneficiaries. Officials said others will receive their...

Allow deductions, hike threshold for levying peak 30% tax to make optional tax regime attractive: Experts

Monday, 09 January 2023 | PTI | New Delhi

Investments in PPF and other tax savings schemes should be allowed as deductions, and the threshold for 30 per cent tax should be raised to Rs 20 lakh under the concessional income tax regime in Budget 2023-24 to make it attractive for middle-income taxpayers, experts said. The government in Budget 2020-21...

FPIs begin new year in sell-off mode

Monday, 09 January 2023 | PTI | New Delhi

Foreign investors offloaded nearly Rs 5,900 crore from the Indian equity markets in the first week of January on growing concerns over the re-emergence of Covid in some parts of the world and recession worries in the US. Foreign Portfolio Investors (FPIs) have been adopting a cautious stance toward Indian equity...

LG Electronics operating profit down 91.2% in Q4

LG Electronics operating profit down 91.2% in Q4

Sunday, 08 January 2023 | IANS | Seoul

LG Electronics estimated its fourth-quarter operating earnings at 65.5 billion won ($51.6 million), down 91.2 per cent from a year earlier. Revenue increased 5.2 percent on-year to 21.85 trillion won, marking a quarterly high, according to the earnings guidance released by the company. But it did not release the data for...

Helped by festive sales, Titan reports 12% standalone biz growth in Q3

Sunday, 08 January 2023 | PTI | Delhi

Leading jewellery and watchmaker Titan has recorded 12 per cent growth in its standalone business in the December quarter, led by "healthy consumer demand" spurred by a vibrant festive season. "The positive consumer sentiment helped all categories clock healthy double-digit growths despite a high base in the same period of last...

Sunday Edition

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