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IndiaTV Business: Google News Feed: Digest for March 05, 2023

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Wipro Chairman Rishad Premji has revealed his hiring formula during a conversation at the Nasscom Technology & Leadership Forum 2023 on Wednesday. Premji said that his perception towards hiring changed after a conversation with one of his board members about making Wipro more diverse and inclusive.
Premium specialty chemicals company Vikas Ecotech has set a target to become a debt-free company by the end of the next fiscal under its debt reduction programme. The small-cap company in an exchange filing informed that it has significantly reduced its debt and aims to cut further.
Adani row: The Supreme Court of India set up an expert committee on issues arising out of the Hindenburg report. SC was today (March 2) hearing petitions pertaining to Hindenburg report including on constitution of the committee relating to regulatory mechanisms to protect the investors.
Adani row: Barely a few minutes after the Supreme Court set up an expert committee on the issue arising from the Hindenburg Research report on Adani Group companies, billionaire Gautam Adani welcomed the step and asserted, 'Truth will prevail'.
India's ultra high networth individuals (UHNIs), with a net wealth of over Rs 1,000 crore, have significantly decreased their philanthropic contributions, falling from Rs 11,821 crore the previous year to Rs 4,230 crore in FY22. The figures were revealed in the India Philanthropy Report 2023 by Dasra and Bain & Co. The report attributes the drop, which is almost by a third, to a decline in contributions by the Azim Premji Foundation by Rs 9,000 crore due to a share buyback of Wipro.
Bank Holidays: Indian banks may soon be closed for five days every week, including Saturdays, according to a proposal being reviewed by the Indian Banks Association (IBA). If approved, this would mean an increase in bank holidays across the year. The move comes after bank unions across the country submitted a proposal for a five-day work week throughout the year, which would give bank employees weekend offs.
Elon Musk, the CEO of Tesla and SpaceX, has lost his title as the world's richest person just two days after reclaiming it. According to the Bloomberg Billionaires Index, Musk's net worth was estimated to be $187.1 billion on March 3, but it fell by $1.9 billion on March 4 after Tesla shares dropped by over 7%, following Musk's unimpressive presentation on affordable electric cars that left investors disappointed. Musk's net worth is now approximately $184 billion, while French businessman Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton, has overtaken him with a fortune of $186 billion.
The Securities and Exchange Bureau of India (SEBI), the nation's stock market's governing body, has permanently barred popular Bollywood actor Arshad Warsi and his wife Maria Goretti Warsi, along with 43 others from the securities market. After looking into claims of share price manipulation by two companies, Sharpline Broadcast Ltd and Sadhna Broadcast Ltd, who were discovered to be manipulating the stock prices through deceptive YouTube videos, SEBI made the decision to ban the husband-wife duo from the stock exchange.
The Reserve Bank Of India imposed a penalty of Rs 3.06 crore on Amazon Pay (India) Private Limited after the company failed to comply with certain provisions in relation to the Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) direction.
The real estate sector has changed over the last five years. Over these years the sector has seen huge changes and Covid has completely shown the new aspects of the sector. Earlier before Covid, one had to go out and visit the site to check the property and credibility. Nowadays people prepare a 3D Virtual Tour before visiting the site. After visiting through 3D technology visitors can go through the property at their own comfort.
Wipro Chairman Rishad Premji has revealed his hiring formula during a conversation at the Nasscom Technology & Leadership Forum 2023 on Wednesday. Premji said that his perception towards hiring changed after a conversation with one of his board members about making Wipro more diverse and inclusive.
Premium specialty chemicals company Vikas Ecotech has set a target to become a debt-free company by the end of the next fiscal under its debt reduction programme. The small-cap company in an exchange filing informed that it has significantly reduced its debt and aims to cut further.
Adani row: The Supreme Court of India set up an expert committee on issues arising out of the Hindenburg report. SC was today (March 2) hearing petitions pertaining to Hindenburg report including on constitution of the committee relating to regulatory mechanisms to protect the investors.
Adani row: Barely a few minutes after the Supreme Court set up an expert committee on the issue arising from the Hindenburg Research report on Adani Group companies, billionaire Gautam Adani welcomed the step and asserted, 'Truth will prevail'.
India's ultra high networth individuals (UHNIs), with a net wealth of over Rs 1,000 crore, have significantly decreased their philanthropic contributions, falling from Rs 11,821 crore the previous year to Rs 4,230 crore in FY22. The figures were revealed in the India Philanthropy Report 2023 by Dasra and Bain & Co. The report attributes the drop, which is almost by a third, to a decline in contributions by the Azim Premji Foundation by Rs 9,000 crore due to a share buyback of Wipro.
Bank Holidays: Indian banks may soon be closed for five days every week, including Saturdays, according to a proposal being reviewed by the Indian Banks Association (IBA). If approved, this would mean an increase in bank holidays across the year. The move comes after bank unions across the country submitted a proposal for a five-day work week throughout the year, which would give bank employees weekend offs.
Elon Musk, the CEO of Tesla and SpaceX, has lost his title as the world's richest person just two days after reclaiming it. According to the Bloomberg Billionaires Index, Musk's net worth was estimated to be $187.1 billion on March 3, but it fell by $1.9 billion on March 4 after Tesla shares dropped by over 7%, following Musk's unimpressive presentation on affordable electric cars that left investors disappointed. Musk's net worth is now approximately $184 billion, while French businessman Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton, has overtaken him with a fortune of $186 billion.
The Securities and Exchange Bureau of India (SEBI), the nation's stock market's governing body, has permanently barred popular Bollywood actor Arshad Warsi and his wife Maria Goretti Warsi, along with 43 others from the securities market. After looking into claims of share price manipulation by two companies, Sharpline Broadcast Ltd and Sadhna Broadcast Ltd, who were discovered to be manipulating the stock prices through deceptive YouTube videos, SEBI made the decision to ban the husband-wife duo from the stock exchange.
The Reserve Bank Of India imposed a penalty of Rs 3.06 crore on Amazon Pay (India) Private Limited after the company failed to comply with certain provisions in relation to the Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) direction.
The real estate sector has changed over the last five years. Over these years the sector has seen huge changes and Covid has completely shown the new aspects of the sector. Earlier before Covid, one had to go out and visit the site to check the property and credibility. Nowadays people prepare a 3D Virtual Tour before visiting the site. After visiting through 3D technology visitors can go through the property at their own comfort.
Adani row: The Supreme Court of India set up an expert committee on issues arising out of the Hindenburg report. SC was today (March 2) hearing petitions pertaining to Hindenburg report including on constitution of the committee relating to regulatory mechanisms to protect the investors.
Adani row: Barely a few minutes after the Supreme Court set up an expert committee on the issue arising from the Hindenburg Research report on Adani Group companies, billionaire Gautam Adani welcomed the step and asserted, 'Truth will prevail'.
India's ultra high networth individuals (UHNIs), with a net wealth of over Rs 1,000 crore, have significantly decreased their philanthropic contributions, falling from Rs 11,821 crore the previous year to Rs 4,230 crore in FY22. The figures were revealed in the India Philanthropy Report 2023 by Dasra and Bain & Co. The report attributes the drop, which is almost by a third, to a decline in contributions by the Azim Premji Foundation by Rs 9,000 crore due to a share buyback of Wipro.
Bank Holidays: Indian banks may soon be closed for five days every week, including Saturdays, according to a proposal being reviewed by the Indian Banks Association (IBA). If approved, this would mean an increase in bank holidays across the year. The move comes after bank unions across the country submitted a proposal for a five-day work week throughout the year, which would give bank employees weekend offs.
Elon Musk, the CEO of Tesla and SpaceX, has lost his title as the world's richest person just two days after reclaiming it. According to the Bloomberg Billionaires Index, Musk's net worth was estimated to be $187.1 billion on March 3, but it fell by $1.9 billion on March 4 after Tesla shares dropped by over 7%, following Musk's unimpressive presentation on affordable electric cars that left investors disappointed. Musk's net worth is now approximately $184 billion, while French businessman Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton, has overtaken him with a fortune of $186 billion.
The Securities and Exchange Bureau of India (SEBI), the nation's stock market's governing body, has permanently barred popular Bollywood actor Arshad Warsi and his wife Maria Goretti Warsi, along with 43 others from the securities market. After looking into claims of share price manipulation by two companies, Sharpline Broadcast Ltd and Sadhna Broadcast Ltd, who were discovered to be manipulating the stock prices through deceptive YouTube videos, SEBI made the decision to ban the husband-wife duo from the stock exchange.
The Reserve Bank Of India imposed a penalty of Rs 3.06 crore on Amazon Pay (India) Private Limited after the company failed to comply with certain provisions in relation to the Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) direction.
The real estate sector has changed over the last five years. Over these years the sector has seen huge changes and Covid has completely shown the new aspects of the sector. Earlier before Covid, one had to go out and visit the site to check the property and credibility. Nowadays people prepare a 3D Virtual Tour before visiting the site. After visiting through 3D technology visitors can go through the property at their own comfort.
Bike taxis ban: Delhi is not only the national capital but a "dream capital" for millions of those who land in the city with boundless hopes of getting better employment opportunities and eventually a better life. Barely a few formulate what they coveted. We are among those, who scarcely arrange meals for two times, quality education for our kids for whom we have been working tirelessly, said Ram Singh, (name changed for the sake of being identified by his employer), who drives a black colour two-wheeler on the busy roads of Delhi-Noida. Despite working in all weather for more than 12 hours a day, we hardly afford a basic toy for our kids, he added.
The Centre has announced that from March 31st, it will be mandatory for all gold jewellery and artefacts sold in the country to carry a unique identification number known as Hallmark Unique Identification Number (HUID). This move is aimed at ensuring quality standards and consumer satisfaction as India endeavors to become the world's third-largest economy.
Adani row: The Supreme Court of India set up an expert committee on issues arising out of the Hindenburg report. SC was today (March 2) hearing petitions pertaining to Hindenburg report including on constitution of the committee relating to regulatory mechanisms to protect the investors.
Adani row: Barely a few minutes after the Supreme Court set up an expert committee on the issue arising from the Hindenburg Research report on Adani Group companies, billionaire Gautam Adani welcomed the step and asserted, 'Truth will prevail'.
India's ultra high networth individuals (UHNIs), with a net wealth of over Rs 1,000 crore, have significantly decreased their philanthropic contributions, falling from Rs 11,821 crore the previous year to Rs 4,230 crore in FY22. The figures were revealed in the India Philanthropy Report 2023 by Dasra and Bain & Co. The report attributes the drop, which is almost by a third, to a decline in contributions by the Azim Premji Foundation by Rs 9,000 crore due to a share buyback of Wipro.
Bank Holidays: Indian banks may soon be closed for five days every week, including Saturdays, according to a proposal being reviewed by the Indian Banks Association (IBA). If approved, this would mean an increase in bank holidays across the year. The move comes after bank unions across the country submitted a proposal for a five-day work week throughout the year, which would give bank employees weekend offs.
Elon Musk, the CEO of Tesla and SpaceX, has lost his title as the world's richest person just two days after reclaiming it. According to the Bloomberg Billionaires Index, Musk's net worth was estimated to be $187.1 billion on March 3, but it fell by $1.9 billion on March 4 after Tesla shares dropped by over 7%, following Musk's unimpressive presentation on affordable electric cars that left investors disappointed. Musk's net worth is now approximately $184 billion, while French businessman Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton, has overtaken him with a fortune of $186 billion.
The Securities and Exchange Bureau of India (SEBI), the nation's stock market's governing body, has permanently barred popular Bollywood actor Arshad Warsi and his wife Maria Goretti Warsi, along with 43 others from the securities market. After looking into claims of share price manipulation by two companies, Sharpline Broadcast Ltd and Sadhna Broadcast Ltd, who were discovered to be manipulating the stock prices through deceptive YouTube videos, SEBI made the decision to ban the husband-wife duo from the stock exchange.
The Reserve Bank Of India imposed a penalty of Rs 3.06 crore on Amazon Pay (India) Private Limited after the company failed to comply with certain provisions in relation to the Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) direction.
The real estate sector has changed over the last five years. Over these years the sector has seen huge changes and Covid has completely shown the new aspects of the sector. Earlier before Covid, one had to go out and visit the site to check the property and credibility. Nowadays people prepare a 3D Virtual Tour before visiting the site. After visiting through 3D technology visitors can go through the property at their own comfort.
Bike taxis ban: Delhi is not only the national capital but a "dream capital" for millions of those who land in the city with boundless hopes of getting better employment opportunities and eventually a better life. Barely a few formulate what they coveted. We are among those, who scarcely arrange meals for two times, quality education for our kids for whom we have been working tirelessly, said Ram Singh, (name changed for the sake of being identified by his employer), who drives a black colour two-wheeler on the busy roads of Delhi-Noida. Despite working in all weather for more than 12 hours a day, we hardly afford a basic toy for our kids, he added.
The Centre has announced that from March 31st, it will be mandatory for all gold jewellery and artefacts sold in the country to carry a unique identification number known as Hallmark Unique Identification Number (HUID). This move is aimed at ensuring quality standards and consumer satisfaction as India endeavors to become the world's third-largest economy.
Adani row: The Supreme Court of India set up an expert committee on issues arising out of the Hindenburg report. SC was today (March 2) hearing petitions pertaining to Hindenburg report including on constitution of the committee relating to regulatory mechanisms to protect the investors.
Adani row: Barely a few minutes after the Supreme Court set up an expert committee on the issue arising from the Hindenburg Research report on Adani Group companies, billionaire Gautam Adani welcomed the step and asserted, 'Truth will prevail'.
India's ultra high networth individuals (UHNIs), with a net wealth of over Rs 1,000 crore, have significantly decreased their philanthropic contributions, falling from Rs 11,821 crore the previous year to Rs 4,230 crore in FY22. The figures were revealed in the India Philanthropy Report 2023 by Dasra and Bain & Co. The report attributes the drop, which is almost by a third, to a decline in contributions by the Azim Premji Foundation by Rs 9,000 crore due to a share buyback of Wipro.
Bank Holidays: Indian banks may soon be closed for five days every week, including Saturdays, according to a proposal being reviewed by the Indian Banks Association (IBA). If approved, this would mean an increase in bank holidays across the year. The move comes after bank unions across the country submitted a proposal for a five-day work week throughout the year, which would give bank employees weekend offs.
Elon Musk, the CEO of Tesla and SpaceX, has lost his title as the world's richest person just two days after reclaiming it. According to the Bloomberg Billionaires Index, Musk's net worth was estimated to be $187.1 billion on March 3, but it fell by $1.9 billion on March 4 after Tesla shares dropped by over 7%, following Musk's unimpressive presentation on affordable electric cars that left investors disappointed. Musk's net worth is now approximately $184 billion, while French businessman Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton, has overtaken him with a fortune of $186 billion.
The Securities and Exchange Bureau of India (SEBI), the nation's stock market's governing body, has permanently barred popular Bollywood actor Arshad Warsi and his wife Maria Goretti Warsi, along with 43 others from the securities market. After looking into claims of share price manipulation by two companies, Sharpline Broadcast Ltd and Sadhna Broadcast Ltd, who were discovered to be manipulating the stock prices through deceptive YouTube videos, SEBI made the decision to ban the husband-wife duo from the stock exchange.
The Reserve Bank Of India imposed a penalty of Rs 3.06 crore on Amazon Pay (India) Private Limited after the company failed to comply with certain provisions in relation to the Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) direction.
The real estate sector has changed over the last five years. Over these years the sector has seen huge changes and Covid has completely shown the new aspects of the sector. Earlier before Covid, one had to go out and visit the site to check the property and credibility. Nowadays people prepare a 3D Virtual Tour before visiting the site. After visiting through 3D technology visitors can go through the property at their own comfort.
Bike taxis ban: Delhi is not only the national capital but a "dream capital" for millions of those who land in the city with boundless hopes of getting better employment opportunities and eventually a better life. Barely a few formulate what they coveted. We are among those, who scarcely arrange meals for two times, quality education for our kids for whom we have been working tirelessly, said Ram Singh, (name changed for the sake of being identified by his employer), who drives a black colour two-wheeler on the busy roads of Delhi-Noida. Despite working in all weather for more than 12 hours a day, we hardly afford a basic toy for our kids, he added.
The Centre has announced that from March 31st, it will be mandatory for all gold jewellery and artefacts sold in the country to carry a unique identification number known as Hallmark Unique Identification Number (HUID). This move is aimed at ensuring quality standards and consumer satisfaction as India endeavors to become the world's third-largest economy.
Adani row: The Supreme Court of India set up an expert committee on issues arising out of the Hindenburg report. SC was today (March 2) hearing petitions pertaining to Hindenburg report including on constitution of the committee relating to regulatory mechanisms to protect the investors.
Adani row: Barely a few minutes after the Supreme Court set up an expert committee on the issue arising from the Hindenburg Research report on Adani Group companies, billionaire Gautam Adani welcomed the step and asserted, 'Truth will prevail'.
India's ultra high networth individuals (UHNIs), with a net wealth of over Rs 1,000 crore, have significantly decreased their philanthropic contributions, falling from Rs 11,821 crore the previous year to Rs 4,230 crore in FY22. The figures were revealed in the India Philanthropy Report 2023 by Dasra and Bain & Co. The report attributes the drop, which is almost by a third, to a decline in contributions by the Azim Premji Foundation by Rs 9,000 crore due to a share buyback of Wipro.
Bank Holidays: Indian banks may soon be closed for five days every week, including Saturdays, according to a proposal being reviewed by the Indian Banks Association (IBA). If approved, this would mean an increase in bank holidays across the year. The move comes after bank unions across the country submitted a proposal for a five-day work week throughout the year, which would give bank employees weekend offs.
Elon Musk, the CEO of Tesla and SpaceX, has lost his title as the world's richest person just two days after reclaiming it. According to the Bloomberg Billionaires Index, Musk's net worth was estimated to be $187.1 billion on March 3, but it fell by $1.9 billion on March 4 after Tesla shares dropped by over 7%, following Musk's unimpressive presentation on affordable electric cars that left investors disappointed. Musk's net worth is now approximately $184 billion, while French businessman Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton, has overtaken him with a fortune of $186 billion.
The Securities and Exchange Bureau of India (SEBI), the nation's stock market's governing body, has permanently barred popular Bollywood actor Arshad Warsi and his wife Maria Goretti Warsi, along with 43 others from the securities market. After looking into claims of share price manipulation by two companies, Sharpline Broadcast Ltd and Sadhna Broadcast Ltd, who were discovered to be manipulating the stock prices through deceptive YouTube videos, SEBI made the decision to ban the husband-wife duo from the stock exchange.
The Reserve Bank Of India imposed a penalty of Rs 3.06 crore on Amazon Pay (India) Private Limited after the company failed to comply with certain provisions in relation to the Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) direction.
The real estate sector has changed over the last five years. Over these years the sector has seen huge changes and Covid has completely shown the new aspects of the sector. Earlier before Covid, one had to go out and visit the site to check the property and credibility. Nowadays people prepare a 3D Virtual Tour before visiting the site. After visiting through 3D technology visitors can go through the property at their own comfort.
Bike taxis ban: Delhi is not only the national capital but a "dream capital" for millions of those who land in the city with boundless hopes of getting better employment opportunities and eventually a better life. Barely a few formulate what they coveted. We are among those, who scarcely arrange meals for two times, quality education for our kids for whom we have been working tirelessly, said Ram Singh, (name changed for the sake of being identified by his employer), who drives a black colour two-wheeler on the busy roads of Delhi-Noida. Despite working in all weather for more than 12 hours a day, we hardly afford a basic toy for our kids, he added.
The Centre has announced that from March 31st, it will be mandatory for all gold jewellery and artefacts sold in the country to carry a unique identification number known as Hallmark Unique Identification Number (HUID). This move is aimed at ensuring quality standards and consumer satisfaction as India endeavors to become the world's third-largest economy.
Adani row: The Supreme Court of India set up an expert committee on issues arising out of the Hindenburg report. SC was today (March 2) hearing petitions pertaining to Hindenburg report including on constitution of the committee relating to regulatory mechanisms to protect the investors.
Adani row: Barely a few minutes after the Supreme Court set up an expert committee on the issue arising from the Hindenburg Research report on Adani Group companies, billionaire Gautam Adani welcomed the step and asserted, 'Truth will prevail'.
India's ultra high networth individuals (UHNIs), with a net wealth of over Rs 1,000 crore, have significantly decreased their philanthropic contributions, falling from Rs 11,821 crore the previous year to Rs 4,230 crore in FY22. The figures were revealed in the India Philanthropy Report 2023 by Dasra and Bain & Co. The report attributes the drop, which is almost by a third, to a decline in contributions by the Azim Premji Foundation by Rs 9,000 crore due to a share buyback of Wipro.
Bank Holidays: Indian banks may soon be closed for five days every week, including Saturdays, according to a proposal being reviewed by the Indian Banks Association (IBA). If approved, this would mean an increase in bank holidays across the year. The move comes after bank unions across the country submitted a proposal for a five-day work week throughout the year, which would give bank employees weekend offs.
Elon Musk, the CEO of Tesla and SpaceX, has lost his title as the world's richest person just two days after reclaiming it. According to the Bloomberg Billionaires Index, Musk's net worth was estimated to be $187.1 billion on March 3, but it fell by $1.9 billion on March 4 after Tesla shares dropped by over 7%, following Musk's unimpressive presentation on affordable electric cars that left investors disappointed. Musk's net worth is now approximately $184 billion, while French businessman Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton, has overtaken him with a fortune of $186 billion.
The Securities and Exchange Bureau of India (SEBI), the nation's stock market's governing body, has permanently barred popular Bollywood actor Arshad Warsi and his wife Maria Goretti Warsi, along with 43 others from the securities market. After looking into claims of share price manipulation by two companies, Sharpline Broadcast Ltd and Sadhna Broadcast Ltd, who were discovered to be manipulating the stock prices through deceptive YouTube videos, SEBI made the decision to ban the husband-wife duo from the stock exchange.
The Reserve Bank Of India imposed a penalty of Rs 3.06 crore on Amazon Pay (India) Private Limited after the company failed to comply with certain provisions in relation to the Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) direction.
The real estate sector has changed over the last five years. Over these years the sector has seen huge changes and Covid has completely shown the new aspects of the sector. Earlier before Covid, one had to go out and visit the site to check the property and credibility. Nowadays people prepare a 3D Virtual Tour before visiting the site. After visiting through 3D technology visitors can go through the property at their own comfort.
Bike taxis ban: Delhi is not only the national capital but a "dream capital" for millions of those who land in the city with boundless hopes of getting better employment opportunities and eventually a better life. Barely a few formulate what they coveted. We are among those, who scarcely arrange meals for two times, quality education for our kids for whom we have been working tirelessly, said Ram Singh, (name changed for the sake of being identified by his employer), who drives a black colour two-wheeler on the busy roads of Delhi-Noida. Despite working in all weather for more than 12 hours a day, we hardly afford a basic toy for our kids, he added.
The Centre has announced that from March 31st, it will be mandatory for all gold jewellery and artefacts sold in the country to carry a unique identification number known as Hallmark Unique Identification Number (HUID). This move is aimed at ensuring quality standards and consumer satisfaction as India endeavors to become the world's third-largest economy.
Adani row: The Supreme Court of India set up an expert committee on issues arising out of the Hindenburg report. SC was today (March 2) hearing petitions pertaining to Hindenburg report including on constitution of the committee relating to regulatory mechanisms to protect the investors.
Adani row: Barely a few minutes after the Supreme Court set up an expert committee on the issue arising from the Hindenburg Research report on Adani Group companies, billionaire Gautam Adani welcomed the step and asserted, 'Truth will prevail'.
India's ultra high networth individuals (UHNIs), with a net wealth of over Rs 1,000 crore, have significantly decreased their philanthropic contributions, falling from Rs 11,821 crore the previous year to Rs 4,230 crore in FY22. The figures were revealed in the India Philanthropy Report 2023 by Dasra and Bain & Co. The report attributes the drop, which is almost by a third, to a decline in contributions by the Azim Premji Foundation by Rs 9,000 crore due to a share buyback of Wipro.
Bank Holidays: Indian banks may soon be closed for five days every week, including Saturdays, according to a proposal being reviewed by the Indian Banks Association (IBA). If approved, this would mean an increase in bank holidays across the year. The move comes after bank unions across the country submitted a proposal for a five-day work week throughout the year, which would give bank employees weekend offs.
Elon Musk, the CEO of Tesla and SpaceX, has lost his title as the world's richest person just two days after reclaiming it. According to the Bloomberg Billionaires Index, Musk's net worth was estimated to be $187.1 billion on March 3, but it fell by $1.9 billion on March 4 after Tesla shares dropped by over 7%, following Musk's unimpressive presentation on affordable electric cars that left investors disappointed. Musk's net worth is now approximately $184 billion, while French businessman Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton, has overtaken him with a fortune of $186 billion.
The Securities and Exchange Bureau of India (SEBI), the nation's stock market's governing body, has permanently barred popular Bollywood actor Arshad Warsi and his wife Maria Goretti Warsi, along with 43 others from the securities market. After looking into claims of share price manipulation by two companies, Sharpline Broadcast Ltd and Sadhna Broadcast Ltd, who were discovered to be manipulating the stock prices through deceptive YouTube videos, SEBI made the decision to ban the husband-wife duo from the stock exchange.
The Reserve Bank Of India imposed a penalty of Rs 3.06 crore on Amazon Pay (India) Private Limited after the company failed to comply with certain provisions in relation to the Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) direction.
The real estate sector has changed over the last five years. Over these years the sector has seen huge changes and Covid has completely shown the new aspects of the sector. Earlier before Covid, one had to go out and visit the site to check the property and credibility. Nowadays people prepare a 3D Virtual Tour before visiting the site. After visiting through 3D technology visitors can go through the property at their own comfort.
Bike taxis ban: Delhi is not only the national capital but a "dream capital" for millions of those who land in the city with boundless hopes of getting better employment opportunities and eventually a better life. Barely a few formulate what they coveted. We are among those, who scarcely arrange meals for two times, quality education for our kids for whom we have been working tirelessly, said Ram Singh, (name changed for the sake of being identified by his employer), who drives a black colour two-wheeler on the busy roads of Delhi-Noida. Despite working in all weather for more than 12 hours a day, we hardly afford a basic toy for our kids, he added.
The Centre has announced that from March 31st, it will be mandatory for all gold jewellery and artefacts sold in the country to carry a unique identification number known as Hallmark Unique Identification Number (HUID). This move is aimed at ensuring quality standards and consumer satisfaction as India endeavors to become the world's third-largest economy.
Adani row: The Supreme Court of India set up an expert committee on issues arising out of the Hindenburg report. SC was today (March 2) hearing petitions pertaining to Hindenburg report including on constitution of the committee relating to regulatory mechanisms to protect the investors.
Adani row: Barely a few minutes after the Supreme Court set up an expert committee on the issue arising from the Hindenburg Research report on Adani Group companies, billionaire Gautam Adani welcomed the step and asserted, 'Truth will prevail'.
India's ultra high networth individuals (UHNIs), with a net wealth of over Rs 1,000 crore, have significantly decreased their philanthropic contributions, falling from Rs 11,821 crore the previous year to Rs 4,230 crore in FY22. The figures were revealed in the India Philanthropy Report 2023 by Dasra and Bain & Co. The report attributes the drop, which is almost by a third, to a decline in contributions by the Azim Premji Foundation by Rs 9,000 crore due to a share buyback of Wipro.
Bank Holidays: Indian banks may soon be closed for five days every week, including Saturdays, according to a proposal being reviewed by the Indian Banks Association (IBA). If approved, this would mean an increase in bank holidays across the year. The move comes after bank unions across the country submitted a proposal for a five-day work week throughout the year, which would give bank employees weekend offs.
Elon Musk, the CEO of Tesla and SpaceX, has lost his title as the world's richest person just two days after reclaiming it. According to the Bloomberg Billionaires Index, Musk's net worth was estimated to be $187.1 billion on March 3, but it fell by $1.9 billion on March 4 after Tesla shares dropped by over 7%, following Musk's unimpressive presentation on affordable electric cars that left investors disappointed. Musk's net worth is now approximately $184 billion, while French businessman Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton, has overtaken him with a fortune of $186 billion.
The Securities and Exchange Bureau of India (SEBI), the nation's stock market's governing body, has permanently barred popular Bollywood actor Arshad Warsi and his wife Maria Goretti Warsi, along with 43 others from the securities market. After looking into claims of share price manipulation by two companies, Sharpline Broadcast Ltd and Sadhna Broadcast Ltd, who were discovered to be manipulating the stock prices through deceptive YouTube videos, SEBI made the decision to ban the husband-wife duo from the stock exchange.
The Reserve Bank Of India imposed a penalty of Rs 3.06 crore on Amazon Pay (India) Private Limited after the company failed to comply with certain provisions in relation to the Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) direction.
The real estate sector has changed over the last five years. Over these years the sector has seen huge changes and Covid has completely shown the new aspects of the sector. Earlier before Covid, one had to go out and visit the site to check the property and credibility. Nowadays people prepare a 3D Virtual Tour before visiting the site. After visiting through 3D technology visitors can go through the property at their own comfort.
Bike taxis ban: Delhi is not only the national capital but a "dream capital" for millions of those who land in the city with boundless hopes of getting better employment opportunities and eventually a better life. Barely a few formulate what they coveted. We are among those, who scarcely arrange meals for two times, quality education for our kids for whom we have been working tirelessly, said Ram Singh, (name changed for the sake of being identified by his employer), who drives a black colour two-wheeler on the busy roads of Delhi-Noida. Despite working in all weather for more than 12 hours a day, we hardly afford a basic toy for our kids, he added.
The Centre has announced that from March 31st, it will be mandatory for all gold jewellery and artefacts sold in the country to carry a unique identification number known as Hallmark Unique Identification Number (HUID). This move is aimed at ensuring quality standards and consumer satisfaction as India endeavors to become the world's third-largest economy.
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