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IndiaTV Business: Google News Feed: Digest for February 21, 2023

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Adani row: Leading stock exchange National Stock Exchange (NSE) has tweaked the constituents of its major indices with Adani Group's two companies- Adani Wilmar and Adani Power- all set to make their way into some of the Nifty indices from March 31, 2023.
Amazon has announced that its corporate employees will be required to spend at least three days per week in the office, marking a change from its previous policy. CEO Andy Jassy sent out a memo on Friday, stating that the decision was made by the company's senior executives, known as the S-team, after determining that it would benefit the company's culture and workers' ability to learn from and collaborate with each other. The change will take effect on May 1, with some exceptions for roles like customer support that have the option to work remotely.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
The Reserve Bank of India (RBI) has released draft guidelines for minimum capital requirements for market risk, as it aims to align banking regulations with Basel III standards. The central bank has invited feedback on the proposed norms until April 15, with the final guidelines expected to become effective from April 1, 2024.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
TCS layoffs on cards: After Google, Microsoft, Twitter, Facebook, is IT giant Tata Consultancy Services (TCS) is also planning to lay off employees, well, the company said that it has no plans to fire staff as it believes in grooming the talent for longer careers once they join the company. 
Adani row: Leading stock exchange National Stock Exchange (NSE) has tweaked the constituents of its major indices with Adani Group's two companies- Adani Wilmar and Adani Power- all set to make their way into some of the Nifty indices from March 31, 2023.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
The Reserve Bank of India (RBI) has released draft guidelines for minimum capital requirements for market risk, as it aims to align banking regulations with Basel III standards. The central bank has invited feedback on the proposed norms until April 15, with the final guidelines expected to become effective from April 1, 2024.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
TCS layoffs on cards: After Google, Microsoft, Twitter, Facebook, is IT giant Tata Consultancy Services (TCS) is also planning to lay off employees, well, the company said that it has no plans to fire staff as it believes in grooming the talent for longer careers once they join the company. 
As of February 19, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 0.34% and was trading at $24526.7. Meanwhile, Ethereum had a decrease of 1.21% and was trading at approximately $1678.26.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
The Reserve Bank of India (RBI) has released draft guidelines for minimum capital requirements for market risk, as it aims to align banking regulations with Basel III standards. The central bank has invited feedback on the proposed norms until April 15, with the final guidelines expected to become effective from April 1, 2024.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
TCS layoffs on cards: After Google, Microsoft, Twitter, Facebook, is IT giant Tata Consultancy Services (TCS) is also planning to lay off employees, well, the company said that it has no plans to fire staff as it believes in grooming the talent for longer careers once they join the company. 
As of February 19, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 0.34% and was trading at $24526.7. Meanwhile, Ethereum had a decrease of 1.21% and was trading at approximately $1678.26.
Shares of IRB Infrastructure Developers are in focus ahead of the split. The construction engineering company has fixed the split ratio and record date. As per an exchange filing by the company, shares of the company will be split in a 10:1 ratio. It means that each equity share with a face value of Rs 10 will split into 10 shares. The new face value after the split will be Re 1.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
The Reserve Bank of India (RBI) has released draft guidelines for minimum capital requirements for market risk, as it aims to align banking regulations with Basel III standards. The central bank has invited feedback on the proposed norms until April 15, with the final guidelines expected to become effective from April 1, 2024.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
TCS layoffs on cards: After Google, Microsoft, Twitter, Facebook, is IT giant Tata Consultancy Services (TCS) is also planning to lay off employees, well, the company said that it has no plans to fire staff as it believes in grooming the talent for longer careers once they join the company. 
As of February 19, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 0.34% and was trading at $24526.7. Meanwhile, Ethereum had a decrease of 1.21% and was trading at approximately $1678.26.
Shares of IRB Infrastructure Developers are in focus ahead of the split. The construction engineering company has fixed the split ratio and record date. As per an exchange filing by the company, shares of the company will be split in a 10:1 ratio. It means that each equity share with a face value of Rs 10 will split into 10 shares. The new face value after the split will be Re 1.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
The Reserve Bank of India (RBI) has released draft guidelines for minimum capital requirements for market risk, as it aims to align banking regulations with Basel III standards. The central bank has invited feedback on the proposed norms until April 15, with the final guidelines expected to become effective from April 1, 2024.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
TCS layoffs on cards: After Google, Microsoft, Twitter, Facebook, is IT giant Tata Consultancy Services (TCS) is also planning to lay off employees, well, the company said that it has no plans to fire staff as it believes in grooming the talent for longer careers once they join the company. 
As of February 19, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 0.34% and was trading at $24526.7. Meanwhile, Ethereum had a decrease of 1.21% and was trading at approximately $1678.26.
Shares of IRB Infrastructure Developers are in focus ahead of the split. The construction engineering company has fixed the split ratio and record date. As per an exchange filing by the company, shares of the company will be split in a 10:1 ratio. It means that each equity share with a face value of Rs 10 will split into 10 shares. The new face value after the split will be Re 1.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
TCS layoffs on cards: After Google, Microsoft, Twitter, Facebook, is IT giant Tata Consultancy Services (TCS) is also planning to lay off employees, well, the company said that it has no plans to fire staff as it believes in grooming the talent for longer careers once they join the company. 
As of February 19, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 0.34% and was trading at $24526.7. Meanwhile, Ethereum had a decrease of 1.21% and was trading at approximately $1678.26.
Shares of IRB Infrastructure Developers are in focus ahead of the split. The construction engineering company has fixed the split ratio and record date. As per an exchange filing by the company, shares of the company will be split in a 10:1 ratio. It means that each equity share with a face value of Rs 10 will split into 10 shares. The new face value after the split will be Re 1.

Niti Aayog gets new CEO. Check DETAILS

Monday 20 February 2023 03:06 PM UTC+00
Niti Aayog gets new CEO: Former IAS officer B V R Subrahmanyam was appointed as the Chief Executive Officer (CEO) of Niti Aayogon Monday. He has replaced Parameswaran Iyer, who has been named the Executive Director of the World Bank.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
TCS layoffs on cards: After Google, Microsoft, Twitter, Facebook, is IT giant Tata Consultancy Services (TCS) is also planning to lay off employees, well, the company said that it has no plans to fire staff as it believes in grooming the talent for longer careers once they join the company. 
As of February 19, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 0.34% and was trading at $24526.7. Meanwhile, Ethereum had a decrease of 1.21% and was trading at approximately $1678.26.
Shares of IRB Infrastructure Developers are in focus ahead of the split. The construction engineering company has fixed the split ratio and record date. As per an exchange filing by the company, shares of the company will be split in a 10:1 ratio. It means that each equity share with a face value of Rs 10 will split into 10 shares. The new face value after the split will be Re 1.

Niti Aayog gets new CEO. Check DETAILS

Monday 20 February 2023 03:06 PM UTC+00
Niti Aayog gets new CEO: Former IAS officer B V R Subrahmanyam was appointed as the Chief Executive Officer (CEO) of Niti Aayogon Monday. He has replaced Parameswaran Iyer, who has been named the Executive Director of the World Bank.
India first semi-conductor plant: Dholera Special Investment Region near Ahmedabad has been finalised by Foxconn and Indian conglomerate Vedanta to set up their semiconductor and display manufacturing plant, a senior government official said.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
TCS layoffs on cards: After Google, Microsoft, Twitter, Facebook, is IT giant Tata Consultancy Services (TCS) is also planning to lay off employees, well, the company said that it has no plans to fire staff as it believes in grooming the talent for longer careers once they join the company. 
As of February 19, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 0.34% and was trading at $24526.7. Meanwhile, Ethereum had a decrease of 1.21% and was trading at approximately $1678.26.
Shares of IRB Infrastructure Developers are in focus ahead of the split. The construction engineering company has fixed the split ratio and record date. As per an exchange filing by the company, shares of the company will be split in a 10:1 ratio. It means that each equity share with a face value of Rs 10 will split into 10 shares. The new face value after the split will be Re 1.

Niti Aayog gets new CEO. Check DETAILS

Monday 20 February 2023 03:06 PM UTC+00
Niti Aayog gets new CEO: Former IAS officer B V R Subrahmanyam was appointed as the Chief Executive Officer (CEO) of Niti Aayogon Monday. He has replaced Parameswaran Iyer, who has been named the Executive Director of the World Bank.
India first semi-conductor plant: Dholera Special Investment Region near Ahmedabad has been finalised by Foxconn and Indian conglomerate Vedanta to set up their semiconductor and display manufacturing plant, a senior government official said.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
TCS layoffs on cards: After Google, Microsoft, Twitter, Facebook, is IT giant Tata Consultancy Services (TCS) is also planning to lay off employees, well, the company said that it has no plans to fire staff as it believes in grooming the talent for longer careers once they join the company. 
As of February 19, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 0.34% and was trading at $24526.7. Meanwhile, Ethereum had a decrease of 1.21% and was trading at approximately $1678.26.
Shares of IRB Infrastructure Developers are in focus ahead of the split. The construction engineering company has fixed the split ratio and record date. As per an exchange filing by the company, shares of the company will be split in a 10:1 ratio. It means that each equity share with a face value of Rs 10 will split into 10 shares. The new face value after the split will be Re 1.

Niti Aayog gets new CEO. Check DETAILS

Monday 20 February 2023 03:06 PM UTC+00
Niti Aayog gets new CEO: Former IAS officer B V R Subrahmanyam was appointed as the Chief Executive Officer (CEO) of Niti Aayogon Monday. He has replaced Parameswaran Iyer, who has been named the Executive Director of the World Bank.
India first semi-conductor plant: Dholera Special Investment Region near Ahmedabad has been finalised by Foxconn and Indian conglomerate Vedanta to set up their semiconductor and display manufacturing plant, a senior government official said.
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