India won’t increase tax on diesel engines: Nitin Gadkari; 40 online gaming companies likely to receive notices for GST evasion; Tech & more
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Nitin Gadkari says India won’t increase tax on diesel engines, spirit is to shift towards green fuels
Minister of Road Transport and Highways Nitin Gadkari on Thursday, September 14, asserted that the Union government is not looking to increase tax on diesel vehicles but that the spirit is to encourage the use of green fuels.
"I'm not against diesel or diesel cars. I'm not advocating for a tax increase on diesel vehicles. But we should move towards green fuels. The vision and mission for industry should be to move towards biofuels," Gadkari told CNBC-TV18 in an exclusive interaction.
Heavy rains lash parts of Delhi-NCR, IMD predicts cloudy sky and rainfall for next four days
Heavy rains lashed parts of Delhi-NCR on Friday, September 15. The sudden change of weather brought down the temperature in the national capital. Waterlogging was witnessed in several parts of Delhi following heavy rainfall.
The India Meteorological Department (IMD) has forecast generally cloudy skies with light to moderate rainfall in Delhi over the next five days. The weather department predicted "generally cloudy sky. Light to moderate rain/ thundershowers with gusty winds (speed 30-40 kmph)" on Friday.
Shift from prepaid to postpaid, bundled offers and users porting from Vodafone Idea help Airtel get its mojo back
Bharti Airtel makes about Rs 200 per user today. That’s almost the same, Rs 196, as it was between April and June 2017, seven years ago, a few months after Reliance Jio came in with cheaper plans and drove telecom tariffs down.
But today’s Rs 200 would mean more for Chairman Sunil Mittal (net worth of $14.5 billion, as per Forbes) because it comes with nearly one extra customer for every two it had in mid-2017. No wonder then, the shares of Bharti Airtel are at an all-time high, and investors who have held on to their stock of the company have made over three times on their bet.?
#PersonalFinance??
IndiaFirst Life launches Guaranteed Single Premium Plan — details here
IndiaFirst Life Insurance Company Limited on Thursday (September 14) launched the Guaranteed Single Premium Plan aiming to offer financial protection with savings to customers.
The non-linked, non-participating, individual, single premium savings plan, offers guaranteed returns to the customer over a long policy term. With a one-time premium payment at policy inception, customers can benefit from both financial protection and savings within a single policy.
ABSL Mutual Fund announces change in name, strategy of its focused fund: Should investors exit?
Aditya Birla Sun Life Mutual Fund recently significantly altered the fundamental attribute of one of its flagship offerings — the Aditya Birla Sun Life Focused Equity Fund. This includes a change in the name as well — the scheme will now be referred to as the Aditya Birla Sun Life Focused Fund. This modification isn't merely about a name change and goes much deeper.
The most substantial shift lies in the investment universe of this scheme. Initially confined to large-cap stocks, it will now broaden its horizons to encompass large-, mid-, and small-cap stocks. The renaming and restructuring of the fund will come into effect on October 16.
#TechTalks??
40 online gaming companies likely to receive notices for GST evasion: Govt officials
About 40 online gaming companies are likely to soon receive show-cause notices from the Goods and Services Tax (GST) authorities for alleged tax evasion after the Supreme Court stayed a Karnataka High Court judgment, quashing a GST notice?against Gameskraft Technology Private Limited (GTPL) for alleged tax evasion to the tune of Rs 21,000 crore, two senior government officials said.
The Supreme Court (SC) stay came on September 6. The Karnataka High Court (HC) had issued the judgment in May 2023.
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Nothing's sub-brand 'CMF by Nothing' set to launch on September 26
London-based consumer technology brand Nothing has officially revealed the launch date for its sub-brand 'CMF by Nothing.' The unveiling is scheduled for September 26 at 2:30 pm, promising a wave of innovative and stylish consumer tech products.
In a statement reminiscent of their last community update, Nothing reiterated its commitment to democratising good design and bringing it within reach of a broader audience. 'CMF by Nothing' is set to kickstart this vision with a diverse range of products, including smartwatches, earbuds, and a variety of accessories, as per the company.
#ExpertEdge??
G20 Summit 2023 | Here's what was so different about India's Presidency
India has showcased to the world a new cooperative, inclusive and solution-oriented?model of diplomacy that balances the aspirations of developed and developing?countries. The G20 Communique encompasses complex economic, social and?geopolitical issues, demonstrating the herculean task achieved by the Indian Presidency?through over 200 meetings across the country, multiple bilateral meetings and?negotiations.
The comprehensive Communique outlines ambitious commitments?spanning financial inclusion, green development towards a sustainable future,?reinvigoration of multilateral institutions, women-led development and many other global?issues.
Legal Digest | Defamatory media reports, writ for Bharat Ratna and more
In Zee Media Corporation Limited v Mahendra Singh Dhoni, the Division bench of the Madras High Court on September 01, refused to interfere with the order of the single judge who had upheld the interrogatories raised by the cricketer in the ongoing defamation case. Dhoni was alleged to have been a party to the 2013 IPL match fixing imbroglio. The judges pointed out that the cricketer has international reputation to cherish and guard and the media should be circumspect in airing potentially defamatory accusations against such persons.??
#StartupsWorld????
Artha Group launches syndicate fund for family offices & UHNIs to invest in startups
Venture capital firm Artha Group has launched a new syndicate fund — the 'Artha Continuum Fund' (ACF), designed to invest in family offices and Ultra High Net Worth Individuals (UHNIs).
The fund will help these family offices and UHNIs to invest in growth-staged startups by conducting potential investment rounds.
ThinkMetal secures $300,000 in pre-seed round led by 100X.VC
ThinkMetal, an early-stage deep-tech startup, has raised $300,000 in a pre-seed funding round led by 100X.VC. The round also saw participation from a cohort of investors, including BSE-listed SAT Industries, KRS Jamwal, and Uday Sodhi.
This capital infusion will empower ThinkMetal to enhance its cutting-edge compact metal 3D printer, poised to transform the manufacturing of metal parts. It will make the process faster, more efficient and easily accessible to manufacturers, the firm said in a statement.
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Senior Training Manager at HDFC Life
9 个月Will you become environment minister of India... its enough of roads now... lets build environment.. by reserving new forest area protecting bio diversity...pl for gods sake Looking at current climetic conditions like flash floods/heat waves /drought .. minister like Nitèn gadkari can only protect Mother nature by effective implementation of environment policies..
Sales Associate at American Airlines
1 年Great opportunity