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IndiaTV Business: Google News Feed: Digest for January 11, 2023

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Jack Ma will no longer control the Chinese fintech giant, 'Ant Group.' This comes in the backdrop of the firm's shareholders agreeing to implement a series of adjustments that will see him give up most of his voting rights. The move is the next big development after a regulatory crackdown that scuppered Ant's $37 billion IPO in late 2020.
Auto Expo 2023: India's flagship motor show Auto Expo returns this week after three years having been hit by the pandemic, albeit some of the major manufacturers staying away from the event. The likes of Maruti Suzuki, Hyundai, Tata Motors, Kia India, Toyota Kirloskar and MG Motor India will lead the traditional automakers at the show at Greater Noida that will witness five global launches and 75 product launches and unveils.
The ambitious 130-km long Indo-Bangla Friendship Pipeline (IBFPL), constructed at a cost of Rs 377.08 crore, is likely to be commissioned by next month, PTI official sources said on Sunday. The international oil pipeline, IBFPL, will carry fuel from Assam-based Numaligarh Refinery Ltd's (NRL) marketing terminal at Siliguri in West Bengal to the Parbatipur depot of Bangladesh Petroleum Corporation (BPC).
In line with the vision of Prime Minister Narendra Modi's Aatmanirbhar Bharat, Hi-Tech Pipes has announced to invest Rs 510 crore in Uttar Pradesh to set up a manufacturing facility.
BCL Industries, a leading edible oil and distillery company, has informed exchanges about compliance certificate regulation of market regulator Securities and Exchange Board of India (SEBI).
According to a report that highlights gender inequality in the informal sector, women workers in the Indian construction and real estate sector earn 30-40 per cent less than their male counterparts 
Equity benchmarks ended over 1 per cent higher on Monday amid positive trends in global markets and buying in Reliance Industries and IT counters.
RS Sodhi, Managing Director of the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) was removed form the post with immediate effect on Monday. The decision was taken in the board meeting of the Federation at Gandhinagar.
Amid tight liquidity condition, banks have issued a record quantum of bonds, with gross issuances hitting an all-time high of Rs 91,500 crore so far this fiscal, and are likely to close the financial year with around Rs 1.4 lakh crore.
The Indian economy will be USD 3 trillion by the end of the current 2022-23 fiscal and is expected to be USD 7 trillion in the next seven years, said Chief Economic Advisor V Anantha Nageswaran said on Monday. 
Jack Ma will no longer control the Chinese fintech giant, 'Ant Group.' This comes in the backdrop of the firm's shareholders agreeing to implement a series of adjustments that will see him give up most of his voting rights. The move is the next big development after a regulatory crackdown that scuppered Ant's $37 billion IPO in late 2020.
Auto Expo 2023: India's flagship motor show Auto Expo returns this week after three years having been hit by the pandemic, albeit some of the major manufacturers staying away from the event. The likes of Maruti Suzuki, Hyundai, Tata Motors, Kia India, Toyota Kirloskar and MG Motor India will lead the traditional automakers at the show at Greater Noida that will witness five global launches and 75 product launches and unveils.
The ambitious 130-km long Indo-Bangla Friendship Pipeline (IBFPL), constructed at a cost of Rs 377.08 crore, is likely to be commissioned by next month, PTI official sources said on Sunday. The international oil pipeline, IBFPL, will carry fuel from Assam-based Numaligarh Refinery Ltd's (NRL) marketing terminal at Siliguri in West Bengal to the Parbatipur depot of Bangladesh Petroleum Corporation (BPC).
In line with the vision of Prime Minister Narendra Modi's Aatmanirbhar Bharat, Hi-Tech Pipes has announced to invest Rs 510 crore in Uttar Pradesh to set up a manufacturing facility.
BCL Industries, a leading edible oil and distillery company, has informed exchanges about compliance certificate regulation of market regulator Securities and Exchange Board of India (SEBI).
According to a report that highlights gender inequality in the informal sector, women workers in the Indian construction and real estate sector earn 30-40 per cent less than their male counterparts 
Equity benchmarks ended over 1 per cent higher on Monday amid positive trends in global markets and buying in Reliance Industries and IT counters.
RS Sodhi, Managing Director of the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) was removed form the post with immediate effect on Monday. The decision was taken in the board meeting of the Federation at Gandhinagar.
Amid tight liquidity condition, banks have issued a record quantum of bonds, with gross issuances hitting an all-time high of Rs 91,500 crore so far this fiscal, and are likely to close the financial year with around Rs 1.4 lakh crore.
The Indian economy will be USD 3 trillion by the end of the current 2022-23 fiscal and is expected to be USD 7 trillion in the next seven years, said Chief Economic Advisor V Anantha Nageswaran said on Monday. 
Auto Expo 2023: India's flagship motor show Auto Expo returns this week after three years having been hit by the pandemic, albeit some of the major manufacturers staying away from the event. The likes of Maruti Suzuki, Hyundai, Tata Motors, Kia India, Toyota Kirloskar and MG Motor India will lead the traditional automakers at the show at Greater Noida that will witness five global launches and 75 product launches and unveils.
The ambitious 130-km long Indo-Bangla Friendship Pipeline (IBFPL), constructed at a cost of Rs 377.08 crore, is likely to be commissioned by next month, PTI official sources said on Sunday. The international oil pipeline, IBFPL, will carry fuel from Assam-based Numaligarh Refinery Ltd's (NRL) marketing terminal at Siliguri in West Bengal to the Parbatipur depot of Bangladesh Petroleum Corporation (BPC).
In line with the vision of Prime Minister Narendra Modi's Aatmanirbhar Bharat, Hi-Tech Pipes has announced to invest Rs 510 crore in Uttar Pradesh to set up a manufacturing facility.
BCL Industries, a leading edible oil and distillery company, has informed exchanges about compliance certificate regulation of market regulator Securities and Exchange Board of India (SEBI).
According to a report that highlights gender inequality in the informal sector, women workers in the Indian construction and real estate sector earn 30-40 per cent less than their male counterparts 
Equity benchmarks ended over 1 per cent higher on Monday amid positive trends in global markets and buying in Reliance Industries and IT counters.
RS Sodhi, Managing Director of the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) was removed form the post with immediate effect on Monday. The decision was taken in the board meeting of the Federation at Gandhinagar.
Amid tight liquidity condition, banks have issued a record quantum of bonds, with gross issuances hitting an all-time high of Rs 91,500 crore so far this fiscal, and are likely to close the financial year with around Rs 1.4 lakh crore.
The Indian economy will be USD 3 trillion by the end of the current 2022-23 fiscal and is expected to be USD 7 trillion in the next seven years, said Chief Economic Advisor V Anantha Nageswaran said on Monday. 
Highway infrastructure developer company IRB Infrastructure Developers has informed that its overall toll collection in December zoomed 6 per cent to Rs 388 crore on monthly basis from Rs 366 crore in November 2022. On a year-on-year basis, its total toll collection in December increased by 32 per cent. 
The ambitious 130-km long Indo-Bangla Friendship Pipeline (IBFPL), constructed at a cost of Rs 377.08 crore, is likely to be commissioned by next month, PTI official sources said on Sunday. The international oil pipeline, IBFPL, will carry fuel from Assam-based Numaligarh Refinery Ltd's (NRL) marketing terminal at Siliguri in West Bengal to the Parbatipur depot of Bangladesh Petroleum Corporation (BPC).
In line with the vision of Prime Minister Narendra Modi's Aatmanirbhar Bharat, Hi-Tech Pipes has announced to invest Rs 510 crore in Uttar Pradesh to set up a manufacturing facility.
BCL Industries, a leading edible oil and distillery company, has informed exchanges about compliance certificate regulation of market regulator Securities and Exchange Board of India (SEBI).
According to a report that highlights gender inequality in the informal sector, women workers in the Indian construction and real estate sector earn 30-40 per cent less than their male counterparts 
Equity benchmarks ended over 1 per cent higher on Monday amid positive trends in global markets and buying in Reliance Industries and IT counters.
RS Sodhi, Managing Director of the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) was removed form the post with immediate effect on Monday. The decision was taken in the board meeting of the Federation at Gandhinagar.
Amid tight liquidity condition, banks have issued a record quantum of bonds, with gross issuances hitting an all-time high of Rs 91,500 crore so far this fiscal, and are likely to close the financial year with around Rs 1.4 lakh crore.
The Indian economy will be USD 3 trillion by the end of the current 2022-23 fiscal and is expected to be USD 7 trillion in the next seven years, said Chief Economic Advisor V Anantha Nageswaran said on Monday. 
Highway infrastructure developer company IRB Infrastructure Developers has informed that its overall toll collection in December zoomed 6 per cent to Rs 388 crore on monthly basis from Rs 366 crore in November 2022. On a year-on-year basis, its total toll collection in December increased by 32 per cent. 
In the past few years, economic uncertainty has continued to impact global markets. Pandemic-linked headwinds and the Ukraine-Russia war, among other issues, have only worsened matters. Given the ongoing turmoil, banks, fintech firms and other new-age lenders have sought to ease some of the current concerns, lending a measure of stability to the markets.
The ambitious 130-km long Indo-Bangla Friendship Pipeline (IBFPL), constructed at a cost of Rs 377.08 crore, is likely to be commissioned by next month, PTI official sources said on Sunday. The international oil pipeline, IBFPL, will carry fuel from Assam-based Numaligarh Refinery Ltd's (NRL) marketing terminal at Siliguri in West Bengal to the Parbatipur depot of Bangladesh Petroleum Corporation (BPC).
In line with the vision of Prime Minister Narendra Modi's Aatmanirbhar Bharat, Hi-Tech Pipes has announced to invest Rs 510 crore in Uttar Pradesh to set up a manufacturing facility.
BCL Industries, a leading edible oil and distillery company, has informed exchanges about compliance certificate regulation of market regulator Securities and Exchange Board of India (SEBI).
According to a report that highlights gender inequality in the informal sector, women workers in the Indian construction and real estate sector earn 30-40 per cent less than their male counterparts 
Equity benchmarks ended over 1 per cent higher on Monday amid positive trends in global markets and buying in Reliance Industries and IT counters.
RS Sodhi, Managing Director of the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) was removed form the post with immediate effect on Monday. The decision was taken in the board meeting of the Federation at Gandhinagar.
Amid tight liquidity condition, banks have issued a record quantum of bonds, with gross issuances hitting an all-time high of Rs 91,500 crore so far this fiscal, and are likely to close the financial year with around Rs 1.4 lakh crore.
The Indian economy will be USD 3 trillion by the end of the current 2022-23 fiscal and is expected to be USD 7 trillion in the next seven years, said Chief Economic Advisor V Anantha Nageswaran said on Monday. 
Highway infrastructure developer company IRB Infrastructure Developers has informed that its overall toll collection in December zoomed 6 per cent to Rs 388 crore on monthly basis from Rs 366 crore in November 2022. On a year-on-year basis, its total toll collection in December increased by 32 per cent. 
In the past few years, economic uncertainty has continued to impact global markets. Pandemic-linked headwinds and the Ukraine-Russia war, among other issues, have only worsened matters. Given the ongoing turmoil, banks, fintech firms and other new-age lenders have sought to ease some of the current concerns, lending a measure of stability to the markets.
Equity benchmarks ended over 1 per cent higher on Monday amid positive trends in global markets and buying in Reliance Industries and IT counters.
RS Sodhi, Managing Director of the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) was removed form the post with immediate effect on Monday. The decision was taken in the board meeting of the Federation at Gandhinagar.
Amid tight liquidity condition, banks have issued a record quantum of bonds, with gross issuances hitting an all-time high of Rs 91,500 crore so far this fiscal, and are likely to close the financial year with around Rs 1.4 lakh crore.
The Indian economy will be USD 3 trillion by the end of the current 2022-23 fiscal and is expected to be USD 7 trillion in the next seven years, said Chief Economic Advisor V Anantha Nageswaran said on Monday. 
Highway infrastructure developer company IRB Infrastructure Developers has informed that its overall toll collection in December zoomed 6 per cent to Rs 388 crore on monthly basis from Rs 366 crore in November 2022. On a year-on-year basis, its total toll collection in December increased by 32 per cent. 
In the past few years, economic uncertainty has continued to impact global markets. Pandemic-linked headwinds and the Ukraine-Russia war, among other issues, have only worsened matters. Given the ongoing turmoil, banks, fintech firms and other new-age lenders have sought to ease some of the current concerns, lending a measure of stability to the markets.

Ways to manage your budget in tough times: 6 tips

Tuesday 10 January 2023 10:36 AM UTC+00
Managing a budget during tough economic times can be challenging, but it is crucial for maintaining financial stability. Here are some tips to help you manage your budget and stay on track during difficult periods.
The rupee strengthened 57 paise to close at 81.78 (provisional) against the US dollar on Tuesday, registering the biggest single-day gain since November.
The Union Budget is usually announced annually by the Finance Minister of India in the Parliament. The Budget typically includes the government's revenues and expenditures for the upcoming financial year, which begins on April 1 and ends on March 31. The Budget also includes proposals for tax changes and other economic policy measures. Here's a list of Budgets that made headlines for their positive as well as negative factors.
Hi-Tech Pipes, a leading steel processing company, is actively considering splitting its existing equity shares. According to an exchange filing by the company, the board of the company will take up a proposal to split the company's shares when it meets later this week.
Equity benchmarks ended over 1 per cent higher on Monday amid positive trends in global markets and buying in Reliance Industries and IT counters.
RS Sodhi, Managing Director of the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) was removed form the post with immediate effect on Monday. The decision was taken in the board meeting of the Federation at Gandhinagar.
Amid tight liquidity condition, banks have issued a record quantum of bonds, with gross issuances hitting an all-time high of Rs 91,500 crore so far this fiscal, and are likely to close the financial year with around Rs 1.4 lakh crore.
The Indian economy will be USD 3 trillion by the end of the current 2022-23 fiscal and is expected to be USD 7 trillion in the next seven years, said Chief Economic Advisor V Anantha Nageswaran said on Monday. 
Highway infrastructure developer company IRB Infrastructure Developers has informed that its overall toll collection in December zoomed 6 per cent to Rs 388 crore on monthly basis from Rs 366 crore in November 2022. On a year-on-year basis, its total toll collection in December increased by 32 per cent. 
In the past few years, economic uncertainty has continued to impact global markets. Pandemic-linked headwinds and the Ukraine-Russia war, among other issues, have only worsened matters. Given the ongoing turmoil, banks, fintech firms and other new-age lenders have sought to ease some of the current concerns, lending a measure of stability to the markets.

Ways to manage your budget in tough times: 6 tips

Tuesday 10 January 2023 10:36 AM UTC+00
Managing a budget during tough economic times can be challenging, but it is crucial for maintaining financial stability. Here are some tips to help you manage your budget and stay on track during difficult periods.
The rupee strengthened 57 paise to close at 81.78 (provisional) against the US dollar on Tuesday, registering the biggest single-day gain since November.
The Union Budget is usually announced annually by the Finance Minister of India in the Parliament. The Budget typically includes the government's revenues and expenditures for the upcoming financial year, which begins on April 1 and ends on March 31. The Budget also includes proposals for tax changes and other economic policy measures. Here's a list of Budgets that made headlines for their positive as well as negative factors.
Hi-Tech Pipes, a leading steel processing company, is actively considering splitting its existing equity shares. According to an exchange filing by the company, the board of the company will take up a proposal to split the company's shares when it meets later this week.
Equity benchmarks ended over 1 per cent higher on Monday amid positive trends in global markets and buying in Reliance Industries and IT counters.
RS Sodhi, Managing Director of the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) was removed form the post with immediate effect on Monday. The decision was taken in the board meeting of the Federation at Gandhinagar.
Amid tight liquidity condition, banks have issued a record quantum of bonds, with gross issuances hitting an all-time high of Rs 91,500 crore so far this fiscal, and are likely to close the financial year with around Rs 1.4 lakh crore.
The Indian economy will be USD 3 trillion by the end of the current 2022-23 fiscal and is expected to be USD 7 trillion in the next seven years, said Chief Economic Advisor V Anantha Nageswaran said on Monday. 
Highway infrastructure developer company IRB Infrastructure Developers has informed that its overall toll collection in December zoomed 6 per cent to Rs 388 crore on monthly basis from Rs 366 crore in November 2022. On a year-on-year basis, its total toll collection in December increased by 32 per cent. 
In the past few years, economic uncertainty has continued to impact global markets. Pandemic-linked headwinds and the Ukraine-Russia war, among other issues, have only worsened matters. Given the ongoing turmoil, banks, fintech firms and other new-age lenders have sought to ease some of the current concerns, lending a measure of stability to the markets.

Ways to manage your budget in tough times: 6 tips

Tuesday 10 January 2023 10:36 AM UTC+00
Managing a budget during tough economic times can be challenging, but it is crucial for maintaining financial stability. Here are some tips to help you manage your budget and stay on track during difficult periods.
The rupee strengthened 57 paise to close at 81.78 (provisional) against the US dollar on Tuesday, registering the biggest single-day gain since November.
The Union Budget is usually announced annually by the Finance Minister of India in the Parliament. The Budget typically includes the government's revenues and expenditures for the upcoming financial year, which begins on April 1 and ends on March 31. The Budget also includes proposals for tax changes and other economic policy measures. Here's a list of Budgets that made headlines for their positive as well as negative factors.
Hi-Tech Pipes, a leading steel processing company, is actively considering splitting its existing equity shares. According to an exchange filing by the company, the board of the company will take up a proposal to split the company's shares when it meets later this week.
Equity benchmarks ended over 1 per cent higher on Monday amid positive trends in global markets and buying in Reliance Industries and IT counters.
RS Sodhi, Managing Director of the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) was removed form the post with immediate effect on Monday. The decision was taken in the board meeting of the Federation at Gandhinagar.
Amid tight liquidity condition, banks have issued a record quantum of bonds, with gross issuances hitting an all-time high of Rs 91,500 crore so far this fiscal, and are likely to close the financial year with around Rs 1.4 lakh crore.
The Indian economy will be USD 3 trillion by the end of the current 2022-23 fiscal and is expected to be USD 7 trillion in the next seven years, said Chief Economic Advisor V Anantha Nageswaran said on Monday. 
Highway infrastructure developer company IRB Infrastructure Developers has informed that its overall toll collection in December zoomed 6 per cent to Rs 388 crore on monthly basis from Rs 366 crore in November 2022. On a year-on-year basis, its total toll collection in December increased by 32 per cent. 
In the past few years, economic uncertainty has continued to impact global markets. Pandemic-linked headwinds and the Ukraine-Russia war, among other issues, have only worsened matters. Given the ongoing turmoil, banks, fintech firms and other new-age lenders have sought to ease some of the current concerns, lending a measure of stability to the markets.

Ways to manage your budget in tough times: 6 tips

Tuesday 10 January 2023 10:36 AM UTC+00
Managing a budget during tough economic times can be challenging, but it is crucial for maintaining financial stability. Here are some tips to help you manage your budget and stay on track during difficult periods.
The rupee strengthened 57 paise to close at 81.78 (provisional) against the US dollar on Tuesday, registering the biggest single-day gain since November.
The Union Budget is usually announced annually by the Finance Minister of India in the Parliament. The Budget typically includes the government's revenues and expenditures for the upcoming financial year, which begins on April 1 and ends on March 31. The Budget also includes proposals for tax changes and other economic policy measures. Here's a list of Budgets that made headlines for their positive as well as negative factors.
Hi-Tech Pipes, a leading steel processing company, is actively considering splitting its existing equity shares. According to an exchange filing by the company, the board of the company will take up a proposal to split the company's shares when it meets later this week.
Equity benchmarks ended over 1 per cent higher on Monday amid positive trends in global markets and buying in Reliance Industries and IT counters.
RS Sodhi, Managing Director of the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) was removed form the post with immediate effect on Monday. The decision was taken in the board meeting of the Federation at Gandhinagar.
Amid tight liquidity condition, banks have issued a record quantum of bonds, with gross issuances hitting an all-time high of Rs 91,500 crore so far this fiscal, and are likely to close the financial year with around Rs 1.4 lakh crore.
The Indian economy will be USD 3 trillion by the end of the current 2022-23 fiscal and is expected to be USD 7 trillion in the next seven years, said Chief Economic Advisor V Anantha Nageswaran said on Monday. 
Highway infrastructure developer company IRB Infrastructure Developers has informed that its overall toll collection in December zoomed 6 per cent to Rs 388 crore on monthly basis from Rs 366 crore in November 2022. On a year-on-year basis, its total toll collection in December increased by 32 per cent. 
In the past few years, economic uncertainty has continued to impact global markets. Pandemic-linked headwinds and the Ukraine-Russia war, among other issues, have only worsened matters. Given the ongoing turmoil, banks, fintech firms and other new-age lenders have sought to ease some of the current concerns, lending a measure of stability to the markets.

Ways to manage your budget in tough times: 6 tips

Tuesday 10 January 2023 10:36 AM UTC+00
Managing a budget during tough economic times can be challenging, but it is crucial for maintaining financial stability. Here are some tips to help you manage your budget and stay on track during difficult periods.
The rupee strengthened 57 paise to close at 81.78 (provisional) against the US dollar on Tuesday, registering the biggest single-day gain since November.
The Union Budget is usually announced annually by the Finance Minister of India in the Parliament. The Budget typically includes the government's revenues and expenditures for the upcoming financial year, which begins on April 1 and ends on March 31. The Budget also includes proposals for tax changes and other economic policy measures. Here's a list of Budgets that made headlines for their positive as well as negative factors.
Hi-Tech Pipes, a leading steel processing company, is actively considering splitting its existing equity shares. According to an exchange filing by the company, the board of the company will take up a proposal to split the company's shares when it meets later this week.
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