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IndiaTV Business: Google News Feed: Digest for January 15, 2023

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Retail inflation in December 2022: Retail inflation declined to a one-year low of 5.72 per cent in December 2022, mainly due to softening prices of food items, according to official data released on Thursday (January 12).
Chinese conglomerate Alibaba sold a 3.1 per cent stake - nearly half of its direct shareholding - in digital financial services firm One97 Communications (Paytm) in an indication of exiting the Indian market, sources said on Wednesday.
India's G-20 leadership: The International Monetary Fund (IMF) said that the global community counts a lot on India's leadership of the G-20 at a time when the world is facing a persistent economic slowdown and social distress.
BCL Industries has approved the issuance of convertible bonds to raise funds. The agro-based edible oil company through an exchange filing said that its board has approved over 55 lakh fully convertible bonds to promoter, non-promoter and public categories on a preferential basis.

Amazon India begins layoffs, offers 5 months pay as severance

Friday 13 January 2023 06:12 AM UTC+00
Amazon India has announced that it will be laying off nearly 1,000 of its employees as part of its ongoing efforts to streamline operations and become more efficient. The company has said that the layoffs are not a reflection of the performance of the affected employees, but rather a business decision that has been made to help the company grow in the long-term.
ICICI Bank loan fraud case: The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay High Court that the industrialist's arrest in the ICICI Bank loan fraud case was "unwarranted" as he was cooperating with the probe.
Budget 2023: As India gears up for the presentation of the Union Budget Budget 2023, it is important to understand the language and jargon that is commonly used when discussing the country's financial plans. 
Indian IT giant, Infosys, has reported its Q3 results, and the company has exceeded expectations, with a net profit rise of over 13%. The company's net profit for the quarter ending December 31st, 2022 stood at Rs 5,197 crore, up from Rs 4,609 crore in the same quarter the previous year.
BharatPe Co-Founder Ashneer Grover has announced the launch of his new company, Third Unicorn, and is already making waves in the industry with his unique approach to recruiting top talent.
India is gearing up for Amazon's Great Republic Day Sale, which is set to begin on January 20, 2023 and will run until January 24, 2023. The sale promises to offer customers unbeatable deals on a wide range of products, including smartphones, laptops, home appliances, fashion, beauty, and personal care products.
Retail inflation in December 2022: Retail inflation declined to a one-year low of 5.72 per cent in December 2022, mainly due to softening prices of food items, according to official data released on Thursday (January 12).
Chinese conglomerate Alibaba sold a 3.1 per cent stake - nearly half of its direct shareholding - in digital financial services firm One97 Communications (Paytm) in an indication of exiting the Indian market, sources said on Wednesday.
India's G-20 leadership: The International Monetary Fund (IMF) said that the global community counts a lot on India's leadership of the G-20 at a time when the world is facing a persistent economic slowdown and social distress.
BCL Industries has approved the issuance of convertible bonds to raise funds. The agro-based edible oil company through an exchange filing said that its board has approved over 55 lakh fully convertible bonds to promoter, non-promoter and public categories on a preferential basis.

Amazon India begins layoffs, offers 5 months pay as severance

Friday 13 January 2023 06:12 AM UTC+00
Amazon India has announced that it will be laying off nearly 1,000 of its employees as part of its ongoing efforts to streamline operations and become more efficient. The company has said that the layoffs are not a reflection of the performance of the affected employees, but rather a business decision that has been made to help the company grow in the long-term.
ICICI Bank loan fraud case: The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay High Court that the industrialist's arrest in the ICICI Bank loan fraud case was "unwarranted" as he was cooperating with the probe.
Budget 2023: As India gears up for the presentation of the Union Budget Budget 2023, it is important to understand the language and jargon that is commonly used when discussing the country's financial plans. 
Indian IT giant, Infosys, has reported its Q3 results, and the company has exceeded expectations, with a net profit rise of over 13%. The company's net profit for the quarter ending December 31st, 2022 stood at Rs 5,197 crore, up from Rs 4,609 crore in the same quarter the previous year.
BharatPe Co-Founder Ashneer Grover has announced the launch of his new company, Third Unicorn, and is already making waves in the industry with his unique approach to recruiting top talent.
India is gearing up for Amazon's Great Republic Day Sale, which is set to begin on January 20, 2023 and will run until January 24, 2023. The sale promises to offer customers unbeatable deals on a wide range of products, including smartphones, laptops, home appliances, fashion, beauty, and personal care products.
Retail inflation in December 2022: Retail inflation declined to a one-year low of 5.72 per cent in December 2022, mainly due to softening prices of food items, according to official data released on Thursday (January 12).
Chinese conglomerate Alibaba sold a 3.1 per cent stake - nearly half of its direct shareholding - in digital financial services firm One97 Communications (Paytm) in an indication of exiting the Indian market, sources said on Wednesday.
India's G-20 leadership: The International Monetary Fund (IMF) said that the global community counts a lot on India's leadership of the G-20 at a time when the world is facing a persistent economic slowdown and social distress.
BCL Industries has approved the issuance of convertible bonds to raise funds. The agro-based edible oil company through an exchange filing said that its board has approved over 55 lakh fully convertible bonds to promoter, non-promoter and public categories on a preferential basis.

Amazon India begins layoffs, offers 5 months pay as severance

Friday 13 January 2023 06:12 AM UTC+00
Amazon India has announced that it will be laying off nearly 1,000 of its employees as part of its ongoing efforts to streamline operations and become more efficient. The company has said that the layoffs are not a reflection of the performance of the affected employees, but rather a business decision that has been made to help the company grow in the long-term.
ICICI Bank loan fraud case: The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay High Court that the industrialist's arrest in the ICICI Bank loan fraud case was "unwarranted" as he was cooperating with the probe.
Budget 2023: As India gears up for the presentation of the Union Budget Budget 2023, it is important to understand the language and jargon that is commonly used when discussing the country's financial plans. 
Indian IT giant, Infosys, has reported its Q3 results, and the company has exceeded expectations, with a net profit rise of over 13%. The company's net profit for the quarter ending December 31st, 2022 stood at Rs 5,197 crore, up from Rs 4,609 crore in the same quarter the previous year.
BharatPe Co-Founder Ashneer Grover has announced the launch of his new company, Third Unicorn, and is already making waves in the industry with his unique approach to recruiting top talent.
India is gearing up for Amazon's Great Republic Day Sale, which is set to begin on January 20, 2023 and will run until January 24, 2023. The sale promises to offer customers unbeatable deals on a wide range of products, including smartphones, laptops, home appliances, fashion, beauty, and personal care products.
Retail inflation in December 2022: Retail inflation declined to a one-year low of 5.72 per cent in December 2022, mainly due to softening prices of food items, according to official data released on Thursday (January 12).
Chinese conglomerate Alibaba sold a 3.1 per cent stake - nearly half of its direct shareholding - in digital financial services firm One97 Communications (Paytm) in an indication of exiting the Indian market, sources said on Wednesday.
India's G-20 leadership: The International Monetary Fund (IMF) said that the global community counts a lot on India's leadership of the G-20 at a time when the world is facing a persistent economic slowdown and social distress.
BCL Industries has approved the issuance of convertible bonds to raise funds. The agro-based edible oil company through an exchange filing said that its board has approved over 55 lakh fully convertible bonds to promoter, non-promoter and public categories on a preferential basis.

Amazon India begins layoffs, offers 5 months pay as severance

Friday 13 January 2023 06:12 AM UTC+00
Amazon India has announced that it will be laying off nearly 1,000 of its employees as part of its ongoing efforts to streamline operations and become more efficient. The company has said that the layoffs are not a reflection of the performance of the affected employees, but rather a business decision that has been made to help the company grow in the long-term.
ICICI Bank loan fraud case: The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay High Court that the industrialist's arrest in the ICICI Bank loan fraud case was "unwarranted" as he was cooperating with the probe.
Budget 2023: As India gears up for the presentation of the Union Budget Budget 2023, it is important to understand the language and jargon that is commonly used when discussing the country's financial plans. 
Indian IT giant, Infosys, has reported its Q3 results, and the company has exceeded expectations, with a net profit rise of over 13%. The company's net profit for the quarter ending December 31st, 2022 stood at Rs 5,197 crore, up from Rs 4,609 crore in the same quarter the previous year.
BharatPe Co-Founder Ashneer Grover has announced the launch of his new company, Third Unicorn, and is already making waves in the industry with his unique approach to recruiting top talent.
India is gearing up for Amazon's Great Republic Day Sale, which is set to begin on January 20, 2023 and will run until January 24, 2023. The sale promises to offer customers unbeatable deals on a wide range of products, including smartphones, laptops, home appliances, fashion, beauty, and personal care products.
Retail inflation in December 2022: Retail inflation declined to a one-year low of 5.72 per cent in December 2022, mainly due to softening prices of food items, according to official data released on Thursday (January 12).
Chinese conglomerate Alibaba sold a 3.1 per cent stake - nearly half of its direct shareholding - in digital financial services firm One97 Communications (Paytm) in an indication of exiting the Indian market, sources said on Wednesday.
India's G-20 leadership: The International Monetary Fund (IMF) said that the global community counts a lot on India's leadership of the G-20 at a time when the world is facing a persistent economic slowdown and social distress.
BCL Industries has approved the issuance of convertible bonds to raise funds. The agro-based edible oil company through an exchange filing said that its board has approved over 55 lakh fully convertible bonds to promoter, non-promoter and public categories on a preferential basis.

Amazon India begins layoffs, offers 5 months pay as severance

Friday 13 January 2023 06:12 AM UTC+00
Amazon India has announced that it will be laying off nearly 1,000 of its employees as part of its ongoing efforts to streamline operations and become more efficient. The company has said that the layoffs are not a reflection of the performance of the affected employees, but rather a business decision that has been made to help the company grow in the long-term.
ICICI Bank loan fraud case: The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay High Court that the industrialist's arrest in the ICICI Bank loan fraud case was "unwarranted" as he was cooperating with the probe.
Budget 2023: As India gears up for the presentation of the Union Budget Budget 2023, it is important to understand the language and jargon that is commonly used when discussing the country's financial plans. 
Indian IT giant, Infosys, has reported its Q3 results, and the company has exceeded expectations, with a net profit rise of over 13%. The company's net profit for the quarter ending December 31st, 2022 stood at Rs 5,197 crore, up from Rs 4,609 crore in the same quarter the previous year.
BharatPe Co-Founder Ashneer Grover has announced the launch of his new company, Third Unicorn, and is already making waves in the industry with his unique approach to recruiting top talent.
India is gearing up for Amazon's Great Republic Day Sale, which is set to begin on January 20, 2023 and will run until January 24, 2023. The sale promises to offer customers unbeatable deals on a wide range of products, including smartphones, laptops, home appliances, fashion, beauty, and personal care products.
ICICI Bank loan fraud case: The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay High Court that the industrialist's arrest in the ICICI Bank loan fraud case was "unwarranted" as he was cooperating with the probe.
Budget 2023: As India gears up for the presentation of the Union Budget Budget 2023, it is important to understand the language and jargon that is commonly used when discussing the country's financial plans. 
Indian IT giant, Infosys, has reported its Q3 results, and the company has exceeded expectations, with a net profit rise of over 13%. The company's net profit for the quarter ending December 31st, 2022 stood at Rs 5,197 crore, up from Rs 4,609 crore in the same quarter the previous year.
BharatPe Co-Founder Ashneer Grover has announced the launch of his new company, Third Unicorn, and is already making waves in the industry with his unique approach to recruiting top talent.
India is gearing up for Amazon's Great Republic Day Sale, which is set to begin on January 20, 2023 and will run until January 24, 2023. The sale promises to offer customers unbeatable deals on a wide range of products, including smartphones, laptops, home appliances, fashion, beauty, and personal care products.
The Indian government introduced a new pension scheme for its citizens, known as the National Pension System (NPS) in 2003 and came into effect in the following year. NPS aims to provide a defined contribution pension for the country's citizens. The new scheme was launched as an alternative to the existing Old Pension Scheme (OPS) and aims to provide a more secure and stable retirement income for the country's citizens. In this article, we will take a closer look at the differences between the NPS and OPS. 
Karnataka budget: Karnataka Chief Minister Basavaraj Bommai on Saturday (January 14) said the state budget is likely to be presented on February 17, and asserted that it would be "pro-people".

Union Budget: What are the income sources of government

Saturday 14 January 2023 12:22 PM UTC+00
Union Budget: Revenues from taxes and other sources are the government's main source of revenue. There are two types of taxes that the government levies on its citizens which include direct and indirect tax. 

Where do Indian Railways stand in Union Budget 2023?

Saturday 14 January 2023 12:31 PM UTC+00
Union Budget 2023: The Indian Railways' gross budgetary allocation is likely to increase by 29%, from Rs 1.4 trillion to Rs 1.8 trillion, in order to support future infrastructure investments.

The four 'C's behind the Union Budget

Saturday 14 January 2023 12:40 PM UTC+00
Union Budget 2023: The Union budget for 2022–23 that India's finance minister presented last year on February 1 embodies the four Cs—continuity, correctness, conservatism, and crowding in.
ICICI Bank loan fraud case: The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay High Court that the industrialist's arrest in the ICICI Bank loan fraud case was "unwarranted" as he was cooperating with the probe.
Budget 2023: As India gears up for the presentation of the Union Budget Budget 2023, it is important to understand the language and jargon that is commonly used when discussing the country's financial plans. 
Indian IT giant, Infosys, has reported its Q3 results, and the company has exceeded expectations, with a net profit rise of over 13%. The company's net profit for the quarter ending December 31st, 2022 stood at Rs 5,197 crore, up from Rs 4,609 crore in the same quarter the previous year.
BharatPe Co-Founder Ashneer Grover has announced the launch of his new company, Third Unicorn, and is already making waves in the industry with his unique approach to recruiting top talent.
India is gearing up for Amazon's Great Republic Day Sale, which is set to begin on January 20, 2023 and will run until January 24, 2023. The sale promises to offer customers unbeatable deals on a wide range of products, including smartphones, laptops, home appliances, fashion, beauty, and personal care products.
The Indian government introduced a new pension scheme for its citizens, known as the National Pension System (NPS) in 2003 and came into effect in the following year. NPS aims to provide a defined contribution pension for the country's citizens. The new scheme was launched as an alternative to the existing Old Pension Scheme (OPS) and aims to provide a more secure and stable retirement income for the country's citizens. In this article, we will take a closer look at the differences between the NPS and OPS. 
Karnataka budget: Karnataka Chief Minister Basavaraj Bommai on Saturday (January 14) said the state budget is likely to be presented on February 17, and asserted that it would be "pro-people".

Union Budget: What are the income sources of government

Saturday 14 January 2023 12:22 PM UTC+00
Union Budget: Revenues from taxes and other sources are the government's main source of revenue. There are two types of taxes that the government levies on its citizens which include direct and indirect tax. 

Where do Indian Railways stand in Union Budget 2023?

Saturday 14 January 2023 12:31 PM UTC+00
Union Budget 2023: The Indian Railways' gross budgetary allocation is likely to increase by 29%, from Rs 1.4 trillion to Rs 1.8 trillion, in order to support future infrastructure investments.

The four 'C's behind the Union Budget

Saturday 14 January 2023 12:40 PM UTC+00
Union Budget 2023: The Union budget for 2022–23 that India's finance minister presented last year on February 1 embodies the four Cs—continuity, correctness, conservatism, and crowding in.
ICICI Bank loan fraud case: The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay High Court that the industrialist's arrest in the ICICI Bank loan fraud case was "unwarranted" as he was cooperating with the probe.
Budget 2023: As India gears up for the presentation of the Union Budget Budget 2023, it is important to understand the language and jargon that is commonly used when discussing the country's financial plans. 
Indian IT giant, Infosys, has reported its Q3 results, and the company has exceeded expectations, with a net profit rise of over 13%. The company's net profit for the quarter ending December 31st, 2022 stood at Rs 5,197 crore, up from Rs 4,609 crore in the same quarter the previous year.
BharatPe Co-Founder Ashneer Grover has announced the launch of his new company, Third Unicorn, and is already making waves in the industry with his unique approach to recruiting top talent.
India is gearing up for Amazon's Great Republic Day Sale, which is set to begin on January 20, 2023 and will run until January 24, 2023. The sale promises to offer customers unbeatable deals on a wide range of products, including smartphones, laptops, home appliances, fashion, beauty, and personal care products.
The Indian government introduced a new pension scheme for its citizens, known as the National Pension System (NPS) in 2003 and came into effect in the following year. NPS aims to provide a defined contribution pension for the country's citizens. The new scheme was launched as an alternative to the existing Old Pension Scheme (OPS) and aims to provide a more secure and stable retirement income for the country's citizens. In this article, we will take a closer look at the differences between the NPS and OPS. 
Karnataka budget: Karnataka Chief Minister Basavaraj Bommai on Saturday (January 14) said the state budget is likely to be presented on February 17, and asserted that it would be "pro-people".

Union Budget: What are the income sources of government

Saturday 14 January 2023 12:22 PM UTC+00
Union Budget: Revenues from taxes and other sources are the government's main source of revenue. There are two types of taxes that the government levies on its citizens which include direct and indirect tax. 

Where do Indian Railways stand in Union Budget 2023?

Saturday 14 January 2023 12:31 PM UTC+00
Union Budget 2023: The Indian Railways' gross budgetary allocation is likely to increase by 29%, from Rs 1.4 trillion to Rs 1.8 trillion, in order to support future infrastructure investments.

The four 'C's behind the Union Budget

Saturday 14 January 2023 12:40 PM UTC+00
Union Budget 2023: The Union budget for 2022–23 that India's finance minister presented last year on February 1 embodies the four Cs—continuity, correctness, conservatism, and crowding in.
ICICI Bank loan fraud case: The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay High Court that the industrialist's arrest in the ICICI Bank loan fraud case was "unwarranted" as he was cooperating with the probe.
Budget 2023: As India gears up for the presentation of the Union Budget Budget 2023, it is important to understand the language and jargon that is commonly used when discussing the country's financial plans. 
Indian IT giant, Infosys, has reported its Q3 results, and the company has exceeded expectations, with a net profit rise of over 13%. The company's net profit for the quarter ending December 31st, 2022 stood at Rs 5,197 crore, up from Rs 4,609 crore in the same quarter the previous year.
BharatPe Co-Founder Ashneer Grover has announced the launch of his new company, Third Unicorn, and is already making waves in the industry with his unique approach to recruiting top talent.
India is gearing up for Amazon's Great Republic Day Sale, which is set to begin on January 20, 2023 and will run until January 24, 2023. The sale promises to offer customers unbeatable deals on a wide range of products, including smartphones, laptops, home appliances, fashion, beauty, and personal care products.
The Indian government introduced a new pension scheme for its citizens, known as the National Pension System (NPS) in 2003 and came into effect in the following year. NPS aims to provide a defined contribution pension for the country's citizens. The new scheme was launched as an alternative to the existing Old Pension Scheme (OPS) and aims to provide a more secure and stable retirement income for the country's citizens. In this article, we will take a closer look at the differences between the NPS and OPS. 
Karnataka budget: Karnataka Chief Minister Basavaraj Bommai on Saturday (January 14) said the state budget is likely to be presented on February 17, and asserted that it would be "pro-people".

Union Budget: What are the income sources of government

Saturday 14 January 2023 12:22 PM UTC+00
Union Budget: Revenues from taxes and other sources are the government's main source of revenue. There are two types of taxes that the government levies on its citizens which include direct and indirect tax. 

Where do Indian Railways stand in Union Budget 2023?

Saturday 14 January 2023 12:31 PM UTC+00
Union Budget 2023: The Indian Railways' gross budgetary allocation is likely to increase by 29%, from Rs 1.4 trillion to Rs 1.8 trillion, in order to support future infrastructure investments.

The four 'C's behind the Union Budget

Saturday 14 January 2023 12:40 PM UTC+00
Union Budget 2023: The Union budget for 2022–23 that India's finance minister presented last year on February 1 embodies the four Cs—continuity, correctness, conservatism, and crowding in.
ICICI Bank loan fraud case: The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay High Court that the industrialist's arrest in the ICICI Bank loan fraud case was "unwarranted" as he was cooperating with the probe.
Budget 2023: As India gears up for the presentation of the Union Budget Budget 2023, it is important to understand the language and jargon that is commonly used when discussing the country's financial plans. 
Indian IT giant, Infosys, has reported its Q3 results, and the company has exceeded expectations, with a net profit rise of over 13%. The company's net profit for the quarter ending December 31st, 2022 stood at Rs 5,197 crore, up from Rs 4,609 crore in the same quarter the previous year.
BharatPe Co-Founder Ashneer Grover has announced the launch of his new company, Third Unicorn, and is already making waves in the industry with his unique approach to recruiting top talent.
India is gearing up for Amazon's Great Republic Day Sale, which is set to begin on January 20, 2023 and will run until January 24, 2023. The sale promises to offer customers unbeatable deals on a wide range of products, including smartphones, laptops, home appliances, fashion, beauty, and personal care products.
The Indian government introduced a new pension scheme for its citizens, known as the National Pension System (NPS) in 2003 and came into effect in the following year. NPS aims to provide a defined contribution pension for the country's citizens. The new scheme was launched as an alternative to the existing Old Pension Scheme (OPS) and aims to provide a more secure and stable retirement income for the country's citizens. In this article, we will take a closer look at the differences between the NPS and OPS. 
Karnataka budget: Karnataka Chief Minister Basavaraj Bommai on Saturday (January 14) said the state budget is likely to be presented on February 17, and asserted that it would be "pro-people".

Union Budget: What are the income sources of government

Saturday 14 January 2023 12:22 PM UTC+00
Union Budget: Revenues from taxes and other sources are the government's main source of revenue. There are two types of taxes that the government levies on its citizens which include direct and indirect tax. 

Where do Indian Railways stand in Union Budget 2023?

Saturday 14 January 2023 12:31 PM UTC+00
Union Budget 2023: The Indian Railways' gross budgetary allocation is likely to increase by 29%, from Rs 1.4 trillion to Rs 1.8 trillion, in order to support future infrastructure investments.

The four 'C's behind the Union Budget

Saturday 14 January 2023 12:40 PM UTC+00
Union Budget 2023: The Union budget for 2022–23 that India's finance minister presented last year on February 1 embodies the four Cs—continuity, correctness, conservatism, and crowding in.
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