business

IndiGo, Air India bring back over 400 people through special flights from Dhaka

A special Air India flight brought 205 people, including 6 infants, from Dhaka to New Delhi on Aug 7 morning, an official said. Meanwhile, IndiGo said its special flight flew from Dhaka to Kolkata on Aug 6 to bring back Indian nationals from Bangladesh.

Sensex, Nifty bounce back sharply in early trade amid rise in Asian markets

Whopping 47.7 million registrations on Udyam Portal as of July 2024

Sensex, Nifty plunge nearly 3% following global market slump and US recession worries

Nifty crosses 25,000 for first time, Sensex hit record high

The 30-share BSE Sensex soared 388.15 points, or 0.47%, to hit an all-time intra-day high of 82,129.49 in early trade. The broader Nifty of NSE scaled the record 25,000 level for the first time, rising 127.15 points, or 0.50%, to 25,078.30.

Valued at ₹6,146 crore, Ola Electric to launch largest IPO of year

The IPO bidding will take place at a price range of ₹72-76 per share. The firm's estimated valuation at the upper end of the pricing band is $4 billion, which is less than the $7-8 billion valuation it was aiming for a few months ago.

Colgate-Palmolive receives over ₹200 crore tax notice

On July 26, 2024, the Colgate Palmolive (India) received a final assessment order from the IT Authority for the assessment year (AY) 2020-21, carrying a demand amounting to ₹248.74 crore.

Indian EV car owners unhappy, want to go back to fuel vehicles: Survey

A majority of EV car owners want to go back to using petrol or diesel vehicles, according to a survey from Park+, which provides parking solutions in residential and commercial complexes in Indian cities.

Tax clearance certificate to go abroad: Not applicable to everyone, govt clarifies

The Ministry of Finance has said in the Budget that Indians going abroad must get a tax clearance certificate from the Income Tax department. The proposal caused an outrage on social media, following which the ministry has clarified that the rule only applies to those accused of financial irregularities.

Cut in gold customs duty wipes out over ₹10 lakh crore from Indian market

The single-day wipeout, following the announcement in the Union Budget, is being touted as the sixth-largest wealth depreciation ever observed across the world.