Union Finance Minister Nirmala Sitharaman on Saturday announced that the Goods and Services Tax Council has approved the reduction of GST on rice kernels to 5 per cent, exempted life-saving gene therapy from tax, and extended the GST exemption for parts used in manufacturing (SAM).
A total of 51 founders of 28 Indian new-age startup companies in the country took home Rs 283.5 crore as an annual salary in FY24.
The market capitalisation of CPSEs more than doubled in Fiscal Year 2024-25 as compared to Fiscal Year 2023-24, the report said.
This was in line with a bearish trend in equities, where Tata Consultancy Services (TCS) and Reliance Industries faced the sharpest erosion.
In 2024, the Department for Promotion of Industry and Internal Trade (DPIIT), achieved a range of milestones. These range from Production Linked Incentive (PLI) schemes to boosting startup ecosystems, streamlining logistics, and enhancing FDI inflows.
The "poison pill" strategy is used by a firm to prevent or discourage a potential hostile takeover. It allows existing shareholders the right to purchase additional shares at a discount, effectively diluting the ownership interest of a new and hostile party.
According to brokerage firm Edelweiss, HDFC Bank's net profit is expected to increase by 24 per cent to Rs 10,183 crore in January-March 2022 quarter.
The company temporarily paused the Ronin Bridge to ensure no further attack vectors remain open.
Maruti Suzuki India Managing Director & CEO, Hisashi Takeuchi said: "Ertiga's launch 10 years ago was a significant moment in the Indian automobile industry, as it created a new segment that has been growing at a CAGR of 4.7%."
In a tweet, the airline said: "Passengers holding tickets of Air India with a 4-digit flight number starting wiith '9' or 3-digit flight number starting with '9I' may please be informed that these bookings belong to Alliance Air.
