Reliance Retail and UK-based Clarks have ended their joint-venture partnership, reportedly due to differences over terms. Clarks has subsequently begun closing its stores in India, […]
Category: Business
NCLT OKs Adani Power’s Rs 4.1k crore Chandigarh plant buy
The National Company Law Tribunal’s Hyderabad bench has given the green light to Adani Power for the Rs 4,101 crore acquisition of Lanco Amarkantak. This […]
Wyndham plans budget hotels along highways
Wyndham Hotels & Resorts, an American hospitality major, aims to capitalize on India’s highway infrastructure development by setting up budget and mid-scale hotels along highways. […]
Food inflation: RBI remains hawkish
RBI’s monetary policy committee, chaired by Shaktikanta Das, maintained a hawkish stance against interest rate cuts, diverging from the US Federal Reserve. Despite differing views […]
Eco momentum remains intact: Finance ministry
India maintains strong economic activity with a projected real GDP growth of 6.5-7% for FY25, even with erratic monsoon patterns. The finance ministry’s recent report […]
Nestlé CEO Mark Schneider to step down after eight years; Laurent Freixe to take over from September
Nestlé CEO Mark Schneider will step down after eight years, to be succeeded by Laurent Freixe, head of the Latin America division, from September 1. […]
Filed your ITR FY 2023-24 in the last days of July? Your ITR will become invalid by this date if not verified
By July 31, 2024, more than 7.28 crore income tax returns were filed, including 2.28 crore in the closing days of July. It’s crucial to […]
Good news for EPFO subscribers! New end-to-end auto processing of claims, UAN-based EPF accounting system in works
The Employees’ Provident Fund Organisation (EPFO) is set to launch its upgraded IT system, EPFO IT System 2.01, aiming to improve user experience for over […]