Category: Business
Samsung Chairman Jay Y. Lee Acquitted in 2015 Merger Case
[ad_1] Last Updated: February 05, 2024, 12:14 IST Samsung Electronics Chairman Jay Y. Lee leaves a court in Seoul, South Korea, February 5, 2024. (Reuters) Samsung Chairman Jay Y. Lee acquitted in 2015 merger case. Not guilty of fraud, the ruling may be appealed. Learn about the latest Samsung legal developments Samsung Electronics, Chairman Jay
Byju’s Pays January Salaries, ‘Moving Mountains As Struggle Was Bigger’, Says Raveendran
[ad_1] Byju’s clears January salary of employees Raveendran said Byju’s has credited pending January salaries to employees In a recent communication to employees on February 4, Byju Raveendran, the founder and CEO of the embattled edtech company Byju’s, announced that the company successfully disbursed all outstanding January salaries to its employees over the past two
‘There Will Be No Layoffs’, Says Paytm Founder Vijay Shekhar Sharma Amid Ongoing Challenges
[ad_1] Vijay Shekhar Sharma, the founder of Paytm, has reassured employees that despite the ongoing challenges faced by the company following the Reserve Bank of India’s (RBI) restrictions on Paytm Payment Bank Ltd (PPBL), there will be no layoffs. Also Read: Here’s Why RBI Banned Paytm Payments Bank The RBI’s limitations include barring PPBL from
SME IPO: Alpex Solar Issue To Open On This Date, Sets Price Band, Check Details Here
[ad_1] Post the completion of the issue, shares of the company will be listed on the NSE’s small and medium enterprise platform — NSE Emerge. The maiden public issue comprises a fresh issue of 64.8 lakh equity shares. At the upper end of the price band, the company aims to mobilise Rs 74.52 crore. Solar
Arrival: Electric van maker's UK arm enters administration
[ad_1] The UK-based operations of Arrival – once worth billions – have been placed in administration. [ad_2] Source link
‘Misleading, Baseless & Malicious’: Paytm Denies Reports Of ED Probe, Forex Violations
[ad_1] One97 Communications Limited, also known as Paytm, on Monday denied reports of Investigation or violation of Foreign Exchange rules by the Company or its associate Paytm Payments Bank Limited. Paytm’s clarification came after news agency Reuters, citing two senior government sources, reported that India’s financial crime-fighting agency is investigating if platforms run by One 97
Fines for missing heat pump targets could be dropped, Downing Street hints
[ad_1] Plans to penalise boiler makers for missing heat pump installation targets are reportedly being scrapped. [ad_2] Source link
Snap to lay off 'approximately' 10% of its staff
[ad_1] The firm said in 2023 it had 5,000 employees, suggesting around 500 people are facing redundancy. [ad_2] Source link
Revolution Beauty: Ex-boss to pay £3m after scandal
[ad_1] Adam Minto will pay more than £400,000 every March until 2029 after financial questions emerged. [ad_2] Source link
Hyundai’s IPO Drive: Automaker Plans IPO To Raise $3 Billion, Says Report
[ad_1] HMIL commenced operations in India in 1996 and currently sells 13 models across segments. If the company goes ahead with the IPO, it will be the largest in India, beating LIC share sale worth Rs 21,000 crore. The South Korean automotive giant, Hyundai, is said to be considering an initial public offering (IPO) later
Govt Collects Rs 600 Cr Penalty For Delay In PAN-Aadhaar Linking, 11.48 Cr PANs Not Linked Yet
[ad_1] The PAN can be made operative again by paying a late fee of Rs 1,000. The last date for linking PAN with biometric Aadhaar was June 30, 2023. The government has collected over Rs 600 crore as a penalty for delay in linking PAN with Aadhaar, and about 11.48 crore Permanent Account Numbers are
Asda to open 110 convenience stores in February
[ad_1] The supermarket chain says it wants to become the second-biggest grocery retailer in the UK. [ad_2] Source link
Various Measures Taken To Reduce Debt Burden, Strengthen Economy: FM Nirmala Sitharaman
[ad_1] Finance minister Nirmala Sitharaman (Image: PTI/File) The govt has taken various measures like increasing tax revenue buoyancy, enhancing public expenditure effectiveness, commitment to reducing fiscal deficit To bring down the debt burden, the government has taken various measures like increasing the tax revenue buoyancy, enhancing the public expenditure effectiveness, commitment to reducing fiscal deficit
Cost-of-living payments: What are they, who gets them and are they fair?
[ad_1] Image source, Getty Images By Kevin Peachey Cost of living correspondent Eight million people on means-tested benefits will receive a final instalment of cost-of-living payments imminently. Those on benefits such as universal credit will be paid directly, without the need to make a claim, between 6 February and 22 February. It is the last
CBI settles legal action brought by sacked boss Tony Danker
[ad_1] The business group agrees a settlement with Tony Danker after he was dismissed following complaints. [ad_2] Source link
UP Budget 2024 Highlights: Aero City In Lucknow, Semiconductor Policy, Focus On Farmers, Women
[ad_1] UP Assembly Budget Session 2024: Uttar Pradesh Finance Minister Suresh Kumar Khanna on Monday presented the budget for the financial year 2024-25 in the state assembly with an outlay of Rs 7.36 lakh crore, higher than the current fiscal’s budget of Rs 6.90 lakh crore. UP Budget 2024- 25 Updates: The total outlay of
One million electric cars sold in the UK since 2002
[ad_1] Despite the delay in the ban, firms will still be forced to meet strict quotas for selling electric cars from January, ensuring that more than one in five cars sold are zero emission models. If not, they will face heavy fines and the target will go up each year until 2030. [ad_2] Source link
Boeing in ‘last chance saloon’, Emirates boss says
[ad_1] Sir Tim Clark’s comments come after a panel broke off a Boeing 737 Max 9 jet mid-air. [ad_2] Source link
More China tariffs if re-elected, Donald Trump says
[ad_1] The ex-president says he will impose tariffs that could be higher than 60% if he wins the election. [ad_2] Source link
Should more British homes be built using straw?
[ad_1] When it comes to new builds, however, rival firm Agile Property and Homes, which offers straw-stuffed panels previously marketed under the brand name ModCell, argues that incoming construction standards are likely to demand higher insulation levels in walls. Therefore, thicker walls might become more common no matter what material you choose. Straw-insulated homes might
Parisians vote for rise in parking fees for SUVs
[ad_1] The vote was called by mayor Anne Hidalgo, who says SUVs are dangerous and bad for the environment. [ad_2] Source link
National Lottery: Hundreds of post offices to stop selling tickets and scratchcards
[ad_1] One postmaster said he would have “lost a significant amount of money” if he continued to sell them. [ad_2] Source link
China can now monitor government-funded projects 24/7
[ad_1] The rules, which took effect this month, come as officials move to support the crisis-hit property industry. [ad_2] Source link
Russian oil getting into UK via refinery loophole, reports claim
[ad_1] “The issue with this loophole is that it increases the demand for Russian crude and enables higher sales in terms of volume and pushing up their price as well, which increases the funds sent to the Kremlin’s war chest,” said Isaac Levi, head of CREA’s Europe-Russia policy and energy analysis. [ad_2] Source link
BJP Calls Interim Budget 2024-25 ‘Encouraging’, Oppn Terms it ‘Anti-people’ | Check Reactions
[ad_1] Last Updated: February 01, 2024, 13:18 IST Finance Minister Nirmala Sitharaman presented the Union Budget 2024 in Parliament today, February 1, 2024. (Image: PTI) While BJP leaders called the Interim Budget 2024-25 “encouraging” and “empowering”, opposition leaders expressed disappointment calling it an “anti-people budget” The interim budget for 2024 was presented by Union Finance
Budget 2024 | ‘Golden Era’ for Tech-Savvy Youth, New Scheme on Deep Tech to Help Businesses: FM
[ad_1] Finance minister Nirmala Sitharaman presented the 2024-25 Interim Budget on Thursday, unveiling a strategic plan focused on India’s development through research and innovation. “For our tech-savvy youth, this will be a golden era”, the finance minister said, echoing Prime Minister Narendra Modi’s vision of ‘Jai Jawan Jai Kisan Jai Vigyan and Jai Anusandhan’. With
Budget 2024: 3 Railway Corridors, New Airports & Port Infra, India’s Connectivity Gets Major Boost
[ad_1] Forty thousand normal rail bogies will be converted to the Vande Bharat standards. (Representative image) Budget 2024: In last 10 years, the number of airports has doubled to 149 and Indian carriers have pro-actively placed orders for over 1,000 new aircraft Interim Budget 2024: The expansion of existing airports and development of new airports
As ‘Suryavanshi Shri Ram’ Inspires Modi, Sitharaman Adds Ayodhya Mandir-like Plan in Her Budget
[ad_1] Prime Minister Narendra Modi mentioned the rooftop solarisation programme soon after the ‘Pran Pratistha’ ceremony at Ayodhya’s Ram Mandir. (Image: PTI) Earlier, Prime Minister Narendra Modi had given an indication that the move was inspired by the realisation that “all devotees of the world get energy from the light of Suryavanshi Lord Shri Ram”
No ED Investigation Either Against Company or CEO, Says Paytm
[ad_1] Last Updated: February 04, 2024, 23:55 IST The ED had visited premises of the company and some other fintech firms like Razorpay in September 2022 (File Image) The company said it has cooperated with the agencies during any investigations by the authorities on any set of merchants or users in the past The Enforcement
Income Tax Structure Unchanged In Budget 2024: Know Current Tax Slabs & Rates Under New Regime Vs Old Regime
[ad_1] Interim Budget 2024-25: Know the Current Income Tax Structure. Interim Budget 2024-25: Currently, those individuals having an annual income of up to Rs 2.5 lakh are exempt from income tax, while the income up to Rs 5 lakh can be tax-free under the new tax regime using rebate under Section 87A Income Tax Rates