Business
- Middle East
UAE to impose Rs 2.25L fine for late corporate tax registration
Abu Dhabi: The United Arab Emirates (UAE) has announced an administrative penalty of Dirham 10,000 (Rs 2,25,735) for late registrations for corporate tax. On Tuesday, February 27, the finance ministry announced cabinet…
- Business
P2P lending platform LenDenClub allegedly suffers data breach: Researchers
New Delhi: Researchers at New Delhi-based nonprofit organisation CyberPeace on Saturday claimed they have discovered an alleged huge data breach at LenDenClub, a peer-to-peer (P2P) lending platform, that may have affected 22…
- Stock Market
Indian stock market multiplied 4 times compared to zero returns for China since 2010
Mumbai: The Chinese market’s underperformance has been stark for many years now, said V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. In early 2010, the Shanghai composite index was around 3,000.…
- Business
Hyundai’s accumulated sales set to reach 100 mn units in 2023
Seoul: South Korea’s top automaker Hyundai Motor is widely anticipated to reach accumulated shipments of 100 million units this year since its first sales in 1968, the company said on Monday. The…
- Business
BYJU’s investors seek ouster of founders
New Delhi: Around six investors in Think and Learn Private Limited, which operates under BYJU’s brand, have called for an extraordinary general meeting to address issues at the edtech major and oust…
- India
Centre announces Rs 1L cr corpus with 50-yr, interest-free loans for tech-savvy youth
New Delhi: The government on Thursday announced a Rs 1 lakh crore corpus for youth for long-term financing and refinancing that will help young entrepreneurs innovate and grow at scale in the…
- Business
L&T shares slump over 4% on lower than expected margins
New Delhi: Larsen & Toubro shares slumped over 4 percent on Wednesday after the company missed profit estimates due to lower than expected margins. L&T shares were down 4.4 percent at Rs…
- Business
Zerodha’s Kite app goes down for 4th time in 4 straight months
New Delhi: Brokerage firm Zerodha’s trading app Kite on Monday suffered another technical glitch, marking the fourth straight month the platform has faced such issues. Several users took to the X platform…
- News
Bengaluru Business Corridor: Revitalizing long-pending peripheral ring road project
Bengaluru: After years of delays and setbacks, the long-stalled Peripheral Ring Road (PRR) project in the capital city is now set for revival under a new identity – the ‘Bangalore Business Corridor’…
- India
Yet to decide mechanism for regulating cryptocurrencies: Centre to SC
New Delhi: The Centre has told the Supreme Court it is yet to take a decision on a mechanism to regulate cryptocurrencies and effectively investigate related offences. A bench of justices Surya…
- News
Defamation suit filed against Dhoni by former business partners
New Delhi: Two ex-business partners of former Team India cricket captain M S Dhoni have filed a defamation suit in the Delhi High Court against the cricketer. The defamation plea is listed…
- Stock Market
Nifty midcap100 up 44%, smallcap100 surges 54%
New Delhi: Domestic markets are ending the year 2023 on a buoyant note as Nifty scales above 21,500 mark while the Sensex crosses 71,000. Investor’s sentiments got a big boost in November…