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IndiaTV Business: Google News Feed: Digest for December 29, 2022

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Former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar were sent to CBI custody till Monday (December 26) in relation to the alleged cheating and irregularities in loans sanctioned by the bank to the Videocon Group of Companies in 2012.
In a warning to the people, the Income Tax Department stated that the citizens who fail to link their permanent account numbers (PAN) to their Aadhaar by the end of March next year will be rendered 'inoperative'. The department had issued an advisory where it stressed on the importance of linking PAN to Aadhaar as soon as possible or face the consequences.
ITR reforms news: Riding on the back of a 26 per cent surge in tax collections, the government is set to unveil the next set of reforms in tax administration by pruning the number of forms available for filing Income Tax Return (ITR) to improve taxpayers' experience and reduce the time taken to file returns.
Venugopal Dhoot arrested: The Central Bureau of Investigation (CBI) on Monday (December 26) arrested Videocon group chairman Venugopal Dhoot in connection with the ICICI Bank loan case.  The central agency had arrested former ICICI Bank CEO and managing director Chanda Kochhar and her husband Deepak Kochhar last week on Friday. Chanda Kochhar had stepped down from the top post in 2018.
A significant percentage of employees are demanding more flexibility in their working lives, and they are prepared to make compromises to get it, as per a report. According to the ADP Research Institute's People at Work 2022: A Global Workforce View, which surveyed almost 33,000 workers across 17 countries, more than 7 in 10 are seeking more flexibility in how they structure their working time.
Mall of India News: The Noida Authority has issued a notice to real estate developer DLF to pay Rs 235 crore as compensation to the previous owner of the land on which the Mall of India has been built, a senior official said. The DLF, however, said it was yet to receive the communication.
Global technology industry body IT asserted significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India. 
Yearender 2022: Evolving out of the Covid pandemic, the year 2022 proved to be better for economics, at least if compared to 2020, and 2021. The year saw people returning to offices with employers accelerating the hiring activity, though with a changed mindset and lessons learned during the Covid.
Rising retail prices: In an attempt to contain rising retail prices under the Open Market Sale Scheme (OMSS), the Union government is planning to release 15-20 lakh tonnes of wheat from the Food Corporation of India (FCI) stock for bulk consumers like flour millers in 2023.
 Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar on Tuesday approached the Bombay High Court, calling their arrest by the Central Bureau of Investigation in a loan fraud case illegal. The high court, however, refused to grant an urgent hearing and directed the Kochhars to mention the matter before the regular bench once it resumes after vacation.
Former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar were sent to CBI custody till Monday (December 26) in relation to the alleged cheating and irregularities in loans sanctioned by the bank to the Videocon Group of Companies in 2012.
In a warning to the people, the Income Tax Department stated that the citizens who fail to link their permanent account numbers (PAN) to their Aadhaar by the end of March next year will be rendered 'inoperative'. The department had issued an advisory where it stressed on the importance of linking PAN to Aadhaar as soon as possible or face the consequences.
ITR reforms news: Riding on the back of a 26 per cent surge in tax collections, the government is set to unveil the next set of reforms in tax administration by pruning the number of forms available for filing Income Tax Return (ITR) to improve taxpayers' experience and reduce the time taken to file returns.
Venugopal Dhoot arrested: The Central Bureau of Investigation (CBI) on Monday (December 26) arrested Videocon group chairman Venugopal Dhoot in connection with the ICICI Bank loan case.  The central agency had arrested former ICICI Bank CEO and managing director Chanda Kochhar and her husband Deepak Kochhar last week on Friday. Chanda Kochhar had stepped down from the top post in 2018.
A significant percentage of employees are demanding more flexibility in their working lives, and they are prepared to make compromises to get it, as per a report. According to the ADP Research Institute's People at Work 2022: A Global Workforce View, which surveyed almost 33,000 workers across 17 countries, more than 7 in 10 are seeking more flexibility in how they structure their working time.
Mall of India News: The Noida Authority has issued a notice to real estate developer DLF to pay Rs 235 crore as compensation to the previous owner of the land on which the Mall of India has been built, a senior official said. The DLF, however, said it was yet to receive the communication.
Global technology industry body IT asserted significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India. 
Yearender 2022: Evolving out of the Covid pandemic, the year 2022 proved to be better for economics, at least if compared to 2020, and 2021. The year saw people returning to offices with employers accelerating the hiring activity, though with a changed mindset and lessons learned during the Covid.
Rising retail prices: In an attempt to contain rising retail prices under the Open Market Sale Scheme (OMSS), the Union government is planning to release 15-20 lakh tonnes of wheat from the Food Corporation of India (FCI) stock for bulk consumers like flour millers in 2023.
 Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar on Tuesday approached the Bombay High Court, calling their arrest by the Central Bureau of Investigation in a loan fraud case illegal. The high court, however, refused to grant an urgent hearing and directed the Kochhars to mention the matter before the regular bench once it resumes after vacation.
Former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar were sent to CBI custody till Monday (December 26) in relation to the alleged cheating and irregularities in loans sanctioned by the bank to the Videocon Group of Companies in 2012.
In a warning to the people, the Income Tax Department stated that the citizens who fail to link their permanent account numbers (PAN) to their Aadhaar by the end of March next year will be rendered 'inoperative'. The department had issued an advisory where it stressed on the importance of linking PAN to Aadhaar as soon as possible or face the consequences.
ITR reforms news: Riding on the back of a 26 per cent surge in tax collections, the government is set to unveil the next set of reforms in tax administration by pruning the number of forms available for filing Income Tax Return (ITR) to improve taxpayers' experience and reduce the time taken to file returns.
Venugopal Dhoot arrested: The Central Bureau of Investigation (CBI) on Monday (December 26) arrested Videocon group chairman Venugopal Dhoot in connection with the ICICI Bank loan case.  The central agency had arrested former ICICI Bank CEO and managing director Chanda Kochhar and her husband Deepak Kochhar last week on Friday. Chanda Kochhar had stepped down from the top post in 2018.
A significant percentage of employees are demanding more flexibility in their working lives, and they are prepared to make compromises to get it, as per a report. According to the ADP Research Institute's People at Work 2022: A Global Workforce View, which surveyed almost 33,000 workers across 17 countries, more than 7 in 10 are seeking more flexibility in how they structure their working time.
Mall of India News: The Noida Authority has issued a notice to real estate developer DLF to pay Rs 235 crore as compensation to the previous owner of the land on which the Mall of India has been built, a senior official said. The DLF, however, said it was yet to receive the communication.
Global technology industry body IT asserted significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India. 
Yearender 2022: Evolving out of the Covid pandemic, the year 2022 proved to be better for economics, at least if compared to 2020, and 2021. The year saw people returning to offices with employers accelerating the hiring activity, though with a changed mindset and lessons learned during the Covid.
Rising retail prices: In an attempt to contain rising retail prices under the Open Market Sale Scheme (OMSS), the Union government is planning to release 15-20 lakh tonnes of wheat from the Food Corporation of India (FCI) stock for bulk consumers like flour millers in 2023.
 Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar on Tuesday approached the Bombay High Court, calling their arrest by the Central Bureau of Investigation in a loan fraud case illegal. The high court, however, refused to grant an urgent hearing and directed the Kochhars to mention the matter before the regular bench once it resumes after vacation.
In a warning to the people, the Income Tax Department stated that the citizens who fail to link their permanent account numbers (PAN) to their Aadhaar by the end of March next year will be rendered 'inoperative'. The department had issued an advisory where it stressed on the importance of linking PAN to Aadhaar as soon as possible or face the consequences.
ITR reforms news: Riding on the back of a 26 per cent surge in tax collections, the government is set to unveil the next set of reforms in tax administration by pruning the number of forms available for filing Income Tax Return (ITR) to improve taxpayers' experience and reduce the time taken to file returns.
Venugopal Dhoot arrested: The Central Bureau of Investigation (CBI) on Monday (December 26) arrested Videocon group chairman Venugopal Dhoot in connection with the ICICI Bank loan case.  The central agency had arrested former ICICI Bank CEO and managing director Chanda Kochhar and her husband Deepak Kochhar last week on Friday. Chanda Kochhar had stepped down from the top post in 2018.
A significant percentage of employees are demanding more flexibility in their working lives, and they are prepared to make compromises to get it, as per a report. According to the ADP Research Institute's People at Work 2022: A Global Workforce View, which surveyed almost 33,000 workers across 17 countries, more than 7 in 10 are seeking more flexibility in how they structure their working time.
Mall of India News: The Noida Authority has issued a notice to real estate developer DLF to pay Rs 235 crore as compensation to the previous owner of the land on which the Mall of India has been built, a senior official said. The DLF, however, said it was yet to receive the communication.
Global technology industry body IT asserted significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India. 
Yearender 2022: Evolving out of the Covid pandemic, the year 2022 proved to be better for economics, at least if compared to 2020, and 2021. The year saw people returning to offices with employers accelerating the hiring activity, though with a changed mindset and lessons learned during the Covid.
Rising retail prices: In an attempt to contain rising retail prices under the Open Market Sale Scheme (OMSS), the Union government is planning to release 15-20 lakh tonnes of wheat from the Food Corporation of India (FCI) stock for bulk consumers like flour millers in 2023.
 Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar on Tuesday approached the Bombay High Court, calling their arrest by the Central Bureau of Investigation in a loan fraud case illegal. The high court, however, refused to grant an urgent hearing and directed the Kochhars to mention the matter before the regular bench once it resumes after vacation.
Housing sales increased 19 per cent year-on-year to 80,770 units during the October-December period across eight major cities on better demand, according to PropTiger. Sales of residential properties stood at 67,890 units in the corresponding period of the last year. According to housing brokerage firm PropTiger.com's report Real Insight, the housing sales rose 50 per cent to 3,08,940 units during this year across eight major cities as compared to 2,05,940 units sold in 2021.
In a warning to the people, the Income Tax Department stated that the citizens who fail to link their permanent account numbers (PAN) to their Aadhaar by the end of March next year will be rendered 'inoperative'. The department had issued an advisory where it stressed on the importance of linking PAN to Aadhaar as soon as possible or face the consequences.
ITR reforms news: Riding on the back of a 26 per cent surge in tax collections, the government is set to unveil the next set of reforms in tax administration by pruning the number of forms available for filing Income Tax Return (ITR) to improve taxpayers' experience and reduce the time taken to file returns.
Venugopal Dhoot arrested: The Central Bureau of Investigation (CBI) on Monday (December 26) arrested Videocon group chairman Venugopal Dhoot in connection with the ICICI Bank loan case.  The central agency had arrested former ICICI Bank CEO and managing director Chanda Kochhar and her husband Deepak Kochhar last week on Friday. Chanda Kochhar had stepped down from the top post in 2018.
A significant percentage of employees are demanding more flexibility in their working lives, and they are prepared to make compromises to get it, as per a report. According to the ADP Research Institute's People at Work 2022: A Global Workforce View, which surveyed almost 33,000 workers across 17 countries, more than 7 in 10 are seeking more flexibility in how they structure their working time.
Mall of India News: The Noida Authority has issued a notice to real estate developer DLF to pay Rs 235 crore as compensation to the previous owner of the land on which the Mall of India has been built, a senior official said. The DLF, however, said it was yet to receive the communication.
Global technology industry body IT asserted significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India. 
Yearender 2022: Evolving out of the Covid pandemic, the year 2022 proved to be better for economics, at least if compared to 2020, and 2021. The year saw people returning to offices with employers accelerating the hiring activity, though with a changed mindset and lessons learned during the Covid.
Rising retail prices: In an attempt to contain rising retail prices under the Open Market Sale Scheme (OMSS), the Union government is planning to release 15-20 lakh tonnes of wheat from the Food Corporation of India (FCI) stock for bulk consumers like flour millers in 2023.
 Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar on Tuesday approached the Bombay High Court, calling their arrest by the Central Bureau of Investigation in a loan fraud case illegal. The high court, however, refused to grant an urgent hearing and directed the Kochhars to mention the matter before the regular bench once it resumes after vacation.
Housing sales increased 19 per cent year-on-year to 80,770 units during the October-December period across eight major cities on better demand, according to PropTiger. Sales of residential properties stood at 67,890 units in the corresponding period of the last year. According to housing brokerage firm PropTiger.com's report Real Insight, the housing sales rose 50 per cent to 3,08,940 units during this year across eight major cities as compared to 2,05,940 units sold in 2021.
ITR reforms news: Riding on the back of a 26 per cent surge in tax collections, the government is set to unveil the next set of reforms in tax administration by pruning the number of forms available for filing Income Tax Return (ITR) to improve taxpayers' experience and reduce the time taken to file returns.
Venugopal Dhoot arrested: The Central Bureau of Investigation (CBI) on Monday (December 26) arrested Videocon group chairman Venugopal Dhoot in connection with the ICICI Bank loan case.  The central agency had arrested former ICICI Bank CEO and managing director Chanda Kochhar and her husband Deepak Kochhar last week on Friday. Chanda Kochhar had stepped down from the top post in 2018.
A significant percentage of employees are demanding more flexibility in their working lives, and they are prepared to make compromises to get it, as per a report. According to the ADP Research Institute's People at Work 2022: A Global Workforce View, which surveyed almost 33,000 workers across 17 countries, more than 7 in 10 are seeking more flexibility in how they structure their working time.
Mall of India News: The Noida Authority has issued a notice to real estate developer DLF to pay Rs 235 crore as compensation to the previous owner of the land on which the Mall of India has been built, a senior official said. The DLF, however, said it was yet to receive the communication.
Global technology industry body IT asserted significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India. 
Yearender 2022: Evolving out of the Covid pandemic, the year 2022 proved to be better for economics, at least if compared to 2020, and 2021. The year saw people returning to offices with employers accelerating the hiring activity, though with a changed mindset and lessons learned during the Covid.
Rising retail prices: In an attempt to contain rising retail prices under the Open Market Sale Scheme (OMSS), the Union government is planning to release 15-20 lakh tonnes of wheat from the Food Corporation of India (FCI) stock for bulk consumers like flour millers in 2023.
 Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar on Tuesday approached the Bombay High Court, calling their arrest by the Central Bureau of Investigation in a loan fraud case illegal. The high court, however, refused to grant an urgent hearing and directed the Kochhars to mention the matter before the regular bench once it resumes after vacation.
Housing sales increased 19 per cent year-on-year to 80,770 units during the October-December period across eight major cities on better demand, according to PropTiger. Sales of residential properties stood at 67,890 units in the corresponding period of the last year. According to housing brokerage firm PropTiger.com's report Real Insight, the housing sales rose 50 per cent to 3,08,940 units during this year across eight major cities as compared to 2,05,940 units sold in 2021.
Mukesh Ambani as Reliance head: Business magnate Mukesh Ambani has completed two decades at the helm of Reliance Industries in 2022. He took over the reins of Reliance Industries Ltd (RIL) after the demise of his father and company's founder Dhirubhai Ambani on July 6, 2002. Since then Mukesh Ambani took the RIL to greater heights and the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate.
Venugopal Dhoot arrested: The Central Bureau of Investigation (CBI) on Monday (December 26) arrested Videocon group chairman Venugopal Dhoot in connection with the ICICI Bank loan case.  The central agency had arrested former ICICI Bank CEO and managing director Chanda Kochhar and her husband Deepak Kochhar last week on Friday. Chanda Kochhar had stepped down from the top post in 2018.
A significant percentage of employees are demanding more flexibility in their working lives, and they are prepared to make compromises to get it, as per a report. According to the ADP Research Institute's People at Work 2022: A Global Workforce View, which surveyed almost 33,000 workers across 17 countries, more than 7 in 10 are seeking more flexibility in how they structure their working time.
Mall of India News: The Noida Authority has issued a notice to real estate developer DLF to pay Rs 235 crore as compensation to the previous owner of the land on which the Mall of India has been built, a senior official said. The DLF, however, said it was yet to receive the communication.
Global technology industry body IT asserted significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India. 
Yearender 2022: Evolving out of the Covid pandemic, the year 2022 proved to be better for economics, at least if compared to 2020, and 2021. The year saw people returning to offices with employers accelerating the hiring activity, though with a changed mindset and lessons learned during the Covid.
Rising retail prices: In an attempt to contain rising retail prices under the Open Market Sale Scheme (OMSS), the Union government is planning to release 15-20 lakh tonnes of wheat from the Food Corporation of India (FCI) stock for bulk consumers like flour millers in 2023.
 Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar on Tuesday approached the Bombay High Court, calling their arrest by the Central Bureau of Investigation in a loan fraud case illegal. The high court, however, refused to grant an urgent hearing and directed the Kochhars to mention the matter before the regular bench once it resumes after vacation.
Housing sales increased 19 per cent year-on-year to 80,770 units during the October-December period across eight major cities on better demand, according to PropTiger. Sales of residential properties stood at 67,890 units in the corresponding period of the last year. According to housing brokerage firm PropTiger.com's report Real Insight, the housing sales rose 50 per cent to 3,08,940 units during this year across eight major cities as compared to 2,05,940 units sold in 2021.
Mukesh Ambani as Reliance head: Business magnate Mukesh Ambani has completed two decades at the helm of Reliance Industries in 2022. He took over the reins of Reliance Industries Ltd (RIL) after the demise of his father and company's founder Dhirubhai Ambani on July 6, 2002. Since then Mukesh Ambani took the RIL to greater heights and the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate.
Union Budget 2023: In the upcoming budget for 2023–24, the Union government is allegedly expected to increase the income tax exemption limit from the current Rs 2.5 lakh to Rs 5 lakh. If this comes into being, the consumers will have more disposable income in their hands.
Venugopal Dhoot arrested: The Central Bureau of Investigation (CBI) on Monday (December 26) arrested Videocon group chairman Venugopal Dhoot in connection with the ICICI Bank loan case.  The central agency had arrested former ICICI Bank CEO and managing director Chanda Kochhar and her husband Deepak Kochhar last week on Friday. Chanda Kochhar had stepped down from the top post in 2018.
A significant percentage of employees are demanding more flexibility in their working lives, and they are prepared to make compromises to get it, as per a report. According to the ADP Research Institute's People at Work 2022: A Global Workforce View, which surveyed almost 33,000 workers across 17 countries, more than 7 in 10 are seeking more flexibility in how they structure their working time.
Mall of India News: The Noida Authority has issued a notice to real estate developer DLF to pay Rs 235 crore as compensation to the previous owner of the land on which the Mall of India has been built, a senior official said. The DLF, however, said it was yet to receive the communication.
Global technology industry body IT asserted significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India. 
Yearender 2022: Evolving out of the Covid pandemic, the year 2022 proved to be better for economics, at least if compared to 2020, and 2021. The year saw people returning to offices with employers accelerating the hiring activity, though with a changed mindset and lessons learned during the Covid.
Rising retail prices: In an attempt to contain rising retail prices under the Open Market Sale Scheme (OMSS), the Union government is planning to release 15-20 lakh tonnes of wheat from the Food Corporation of India (FCI) stock for bulk consumers like flour millers in 2023.
 Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar on Tuesday approached the Bombay High Court, calling their arrest by the Central Bureau of Investigation in a loan fraud case illegal. The high court, however, refused to grant an urgent hearing and directed the Kochhars to mention the matter before the regular bench once it resumes after vacation.
Housing sales increased 19 per cent year-on-year to 80,770 units during the October-December period across eight major cities on better demand, according to PropTiger. Sales of residential properties stood at 67,890 units in the corresponding period of the last year. According to housing brokerage firm PropTiger.com's report Real Insight, the housing sales rose 50 per cent to 3,08,940 units during this year across eight major cities as compared to 2,05,940 units sold in 2021.
Mukesh Ambani as Reliance head: Business magnate Mukesh Ambani has completed two decades at the helm of Reliance Industries in 2022. He took over the reins of Reliance Industries Ltd (RIL) after the demise of his father and company's founder Dhirubhai Ambani on July 6, 2002. Since then Mukesh Ambani took the RIL to greater heights and the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate.
Union Budget 2023: In the upcoming budget for 2023–24, the Union government is allegedly expected to increase the income tax exemption limit from the current Rs 2.5 lakh to Rs 5 lakh. If this comes into being, the consumers will have more disposable income in their hands.
Venugopal Dhoot arrested: The Central Bureau of Investigation (CBI) on Monday (December 26) arrested Videocon group chairman Venugopal Dhoot in connection with the ICICI Bank loan case.  The central agency had arrested former ICICI Bank CEO and managing director Chanda Kochhar and her husband Deepak Kochhar last week on Friday. Chanda Kochhar had stepped down from the top post in 2018.
A significant percentage of employees are demanding more flexibility in their working lives, and they are prepared to make compromises to get it, as per a report. According to the ADP Research Institute's People at Work 2022: A Global Workforce View, which surveyed almost 33,000 workers across 17 countries, more than 7 in 10 are seeking more flexibility in how they structure their working time.
Mall of India News: The Noida Authority has issued a notice to real estate developer DLF to pay Rs 235 crore as compensation to the previous owner of the land on which the Mall of India has been built, a senior official said. The DLF, however, said it was yet to receive the communication.
Global technology industry body IT asserted significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India. 
Yearender 2022: Evolving out of the Covid pandemic, the year 2022 proved to be better for economics, at least if compared to 2020, and 2021. The year saw people returning to offices with employers accelerating the hiring activity, though with a changed mindset and lessons learned during the Covid.
Rising retail prices: In an attempt to contain rising retail prices under the Open Market Sale Scheme (OMSS), the Union government is planning to release 15-20 lakh tonnes of wheat from the Food Corporation of India (FCI) stock for bulk consumers like flour millers in 2023.
 Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar on Tuesday approached the Bombay High Court, calling their arrest by the Central Bureau of Investigation in a loan fraud case illegal. The high court, however, refused to grant an urgent hearing and directed the Kochhars to mention the matter before the regular bench once it resumes after vacation.
Housing sales increased 19 per cent year-on-year to 80,770 units during the October-December period across eight major cities on better demand, according to PropTiger. Sales of residential properties stood at 67,890 units in the corresponding period of the last year. According to housing brokerage firm PropTiger.com's report Real Insight, the housing sales rose 50 per cent to 3,08,940 units during this year across eight major cities as compared to 2,05,940 units sold in 2021.
Mukesh Ambani as Reliance head: Business magnate Mukesh Ambani has completed two decades at the helm of Reliance Industries in 2022. He took over the reins of Reliance Industries Ltd (RIL) after the demise of his father and company's founder Dhirubhai Ambani on July 6, 2002. Since then Mukesh Ambani took the RIL to greater heights and the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate.
Union Budget 2023: In the upcoming budget for 2023–24, the Union government is allegedly expected to increase the income tax exemption limit from the current Rs 2.5 lakh to Rs 5 lakh. If this comes into being, the consumers will have more disposable income in their hands.
Venugopal Dhoot arrested: The Central Bureau of Investigation (CBI) on Monday (December 26) arrested Videocon group chairman Venugopal Dhoot in connection with the ICICI Bank loan case.  The central agency had arrested former ICICI Bank CEO and managing director Chanda Kochhar and her husband Deepak Kochhar last week on Friday. Chanda Kochhar had stepped down from the top post in 2018.
A significant percentage of employees are demanding more flexibility in their working lives, and they are prepared to make compromises to get it, as per a report. According to the ADP Research Institute's People at Work 2022: A Global Workforce View, which surveyed almost 33,000 workers across 17 countries, more than 7 in 10 are seeking more flexibility in how they structure their working time.
Mall of India News: The Noida Authority has issued a notice to real estate developer DLF to pay Rs 235 crore as compensation to the previous owner of the land on which the Mall of India has been built, a senior official said. The DLF, however, said it was yet to receive the communication.
Global technology industry body IT asserted significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India. 
Yearender 2022: Evolving out of the Covid pandemic, the year 2022 proved to be better for economics, at least if compared to 2020, and 2021. The year saw people returning to offices with employers accelerating the hiring activity, though with a changed mindset and lessons learned during the Covid.
Rising retail prices: In an attempt to contain rising retail prices under the Open Market Sale Scheme (OMSS), the Union government is planning to release 15-20 lakh tonnes of wheat from the Food Corporation of India (FCI) stock for bulk consumers like flour millers in 2023.
 Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar on Tuesday approached the Bombay High Court, calling their arrest by the Central Bureau of Investigation in a loan fraud case illegal. The high court, however, refused to grant an urgent hearing and directed the Kochhars to mention the matter before the regular bench once it resumes after vacation.
Housing sales increased 19 per cent year-on-year to 80,770 units during the October-December period across eight major cities on better demand, according to PropTiger. Sales of residential properties stood at 67,890 units in the corresponding period of the last year. According to housing brokerage firm PropTiger.com's report Real Insight, the housing sales rose 50 per cent to 3,08,940 units during this year across eight major cities as compared to 2,05,940 units sold in 2021.
Mukesh Ambani as Reliance head: Business magnate Mukesh Ambani has completed two decades at the helm of Reliance Industries in 2022. He took over the reins of Reliance Industries Ltd (RIL) after the demise of his father and company's founder Dhirubhai Ambani on July 6, 2002. Since then Mukesh Ambani took the RIL to greater heights and the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate.
Union Budget 2023: In the upcoming budget for 2023–24, the Union government is allegedly expected to increase the income tax exemption limit from the current Rs 2.5 lakh to Rs 5 lakh. If this comes into being, the consumers will have more disposable income in their hands.
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