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Income inequality declining in India, says SBI report
Individual income inequality in the country has significantly declined during FY2014-22 with 36.3 per cent of taxpayers moving up from lower income to the higher income tax bucket, resulting in a 21.3 per cent additional income, according…
Mankind Pharma donated Rs 250 cr for Covid relief due to miscalculation
Due to miscalculation of a zero, Mankind Pharma ended up donating Rs 250 crore instead of the initially planned Rs 21 crore towards Covid-19 relief efforts for frontline workers, MD Rajeev Juneja said during a recent interview.
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Air quality again dips into ‘severe’ levels at several monitoring stations in Delhi
The air quality in the national Capital on Monday again deteriorated with several monitoring stations entering into the ‘severe’ category.
The air quality at Anand Vihar plummeted in the ‘severe’ category with PM 2.5 at 495 and…
Sony planning to call off the merger pact with Zee
Sony Group Corp is planning to call off the merger pact of its India unit with Zee Entertainment Enterprises, capping two years of drama and delay in creating a $10 billion media giant, said people familiar with the matter, as per media…
Gurugram: DLF’s luxury residences sold out in 72 hrs; sales worth over Rs 7K cr recorded
Real estate major DLF has recorded sales of luxury residences in its latest offering, 'Privana South' here, at over Rs 7,200 crore.
This comes as part of its pre-formal launch sales. The units were sold off within 72 hours in…
Rs 10 lakh cr taking mutual funds AUM from Rs 40 lakh cr to Rs 50 lakh cr amassed in just over a…
In a significant testimony to the robust growth and resilience of the Indian mutual fund industry, the Association of Mutual Funds in India (AMFI) announced surpassing Rs 50 lakh crore of assets undermManagement (AUM), a remarkable…
Ranji Trophy: Jalaj Saxena becomes third Indian to achieve 9000 runs and 600 wickets domestic double
Ranji Trophy: Jalaj Saxena becomes third Indian to achieve 9000 runs and 600 wickets domestic double
IANS
Jalaj Saxena becomes third Indian to achieve 9000 runs and 600 wickets domestic double during Ranji Trophy match…
Flipkart may reduce workforce by up to 7%, affecting 1,500 employees
E-commerce major Flipkart is reportedly planning to reduce its workforce by 5-7 per cent in early 2024 that may affect nearly 1,500 employees. The Walmart-owned company currently has around 22,000 employees.
According to…
Adani Group to invest Rs 42,768 crore in Tamil Nadu
The multi-business Adani Group has decided to invest a whopping Rs 42,768 crore in Tamil Nadu in renewable energy, cement manufacturing, data centre, city gas distribution and generate 10,300 employment opportunities.
The Group…
Arbitration tribunal’s decision credit positive for Delhi International Airport: Moody’s
The arbitral tribunal’s decision to excuse the Delhi International Airport Ltd from its revenue share obligations during the pandemic period is credit positive, as the airport may otherwise require additional debt to make an immediate full…