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IndiaTV Business: Google News Feed: Digest for July 19, 2023

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Global optical lenses major Zeiss Group will invest about Rs 2,500 crore in India on a new plant at Karnataka, mainly to increase its spectacle glasses manufacturing capacity, according to a senior company official.
The share of countries like China and Vietnam in India's 4.84 LMT steel import basket during June 2023 has increased on a year-on-year (y-o-y) basis, according to official data.
Deposit Insurance and Credit Guarantee Corporation (DICGC) has asked all banks to prominently display its logo and QR code on their websites and internet banking portals by August 31 with a view to create awareness about the deposit insurance scheme. Deposits up to Rs 5 lakh in banks are insured by the DICGC. The scheme covers deposits in commercial banks, local area banks (LABs), payments banks (PBs), small finance banks (SFBs), regional rural banks (RRBs), and co-operative banks.
As the finance ministry is not contemplating an extension of the July 31 deadline, Revenue Secretary Sanjay Malhotra has urged the income taxpayers to file their returns at the earliest. He further asserted that the government is expecting higher filing this year as compared to the last year.
Startups in India: Startups and unicorns in India will witness substantial growth in the coming 4-5 years, and startups will increase by 10 times, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said.
Stock markets: Benchmark equity indices Sensex and Nifty hit their all-time high levels in early trade on Monday amid fresh foreign fund inflows and buying in IT counters. The 30-share BSE Sensex climbed 128.6 points to hit its lifetime intra-day peak of 66,189.50 in early trade. The NSE Nifty went up by 47.65 points to reach its all-time intra-day high of 19,612.15.
It's a major blow to Adani Total Gas Ltd as its application for a license to retail CNG to automobiles and piped gas to household kitchens in Noida has been rejected by the oil regulator Petroleum and Natural Gas Regulatory Board (PNGRB). The regulator in an order said that the company does not fulfill the requirements of the law and so its application is rejected.
A Bengaluru-based tech startup founder and CEO took to Twitter to express his shock and wonder after receiving over 3,000 resumes in 48 hours for job postings on the company's website.
The pharmaceuticals industry is back in focus. After considerable underperformance, the sector is once again creating a buzz as Sensex and Nifty scale to new highs.
Tamil Nadu has pipped Maharashtra and Gujarat to arise as the top state in the Niti Aayog's Export Preparedness Index 2022 which surveys the preparation of the states regarding their product potential and execution. Gujarat had topped the graph in the last two rankings.
Deposit Insurance and Credit Guarantee Corporation (DICGC) has asked all banks to prominently display its logo and QR code on their websites and internet banking portals by August 31 with a view to create awareness about the deposit insurance scheme. Deposits up to Rs 5 lakh in banks are insured by the DICGC. The scheme covers deposits in commercial banks, local area banks (LABs), payments banks (PBs), small finance banks (SFBs), regional rural banks (RRBs), and co-operative banks.
As the finance ministry is not contemplating an extension of the July 31 deadline, Revenue Secretary Sanjay Malhotra has urged the income taxpayers to file their returns at the earliest. He further asserted that the government is expecting higher filing this year as compared to the last year.
Startups in India: Startups and unicorns in India will witness substantial growth in the coming 4-5 years, and startups will increase by 10 times, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said.
Stock markets: Benchmark equity indices Sensex and Nifty hit their all-time high levels in early trade on Monday amid fresh foreign fund inflows and buying in IT counters. The 30-share BSE Sensex climbed 128.6 points to hit its lifetime intra-day peak of 66,189.50 in early trade. The NSE Nifty went up by 47.65 points to reach its all-time intra-day high of 19,612.15.
It's a major blow to Adani Total Gas Ltd as its application for a license to retail CNG to automobiles and piped gas to household kitchens in Noida has been rejected by the oil regulator Petroleum and Natural Gas Regulatory Board (PNGRB). The regulator in an order said that the company does not fulfill the requirements of the law and so its application is rejected.
A Bengaluru-based tech startup founder and CEO took to Twitter to express his shock and wonder after receiving over 3,000 resumes in 48 hours for job postings on the company's website.
The pharmaceuticals industry is back in focus. After considerable underperformance, the sector is once again creating a buzz as Sensex and Nifty scale to new highs.
Tamil Nadu has pipped Maharashtra and Gujarat to arise as the top state in the Niti Aayog's Export Preparedness Index 2022 which surveys the preparation of the states regarding their product potential and execution. Gujarat had topped the graph in the last two rankings. The objective of the index is to evaluate the states' preparedness in terms of their export performance and potential. 
Adani Group chairman Gautam Adani addressed shareholders at the Annual General Meeting (AGM) on Tuesday and said, the Hindenburg report was a mix of designated deception and ruined claims.
Stock markets: Equity benchmark indices Sensex and Nifty continued their record-breaking rally on Tuesday, reaching new all-time high levels in early trade, amid fresh foreign fund inflows and buying in banking counters. A positive trend in the US markets on Monday also contributed to the domestic benchmark indices optimism.
Startups in India: Startups and unicorns in India will witness substantial growth in the coming 4-5 years, and startups will increase by 10 times, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said.
Stock markets: Benchmark equity indices Sensex and Nifty hit their all-time high levels in early trade on Monday amid fresh foreign fund inflows and buying in IT counters. The 30-share BSE Sensex climbed 128.6 points to hit its lifetime intra-day peak of 66,189.50 in early trade. The NSE Nifty went up by 47.65 points to reach its all-time intra-day high of 19,612.15.
It's a major blow to Adani Total Gas Ltd as its application for a license to retail CNG to automobiles and piped gas to household kitchens in Noida has been rejected by the oil regulator Petroleum and Natural Gas Regulatory Board (PNGRB). The regulator in an order said that the company does not fulfill the requirements of the law and so its application is rejected.
A Bengaluru-based tech startup founder and CEO took to Twitter to express his shock and wonder after receiving over 3,000 resumes in 48 hours for job postings on the company's website.
The pharmaceuticals industry is back in focus. After considerable underperformance, the sector is once again creating a buzz as Sensex and Nifty scale to new highs.
Tamil Nadu has pipped Maharashtra and Gujarat to arise as the top state in the Niti Aayog's Export Preparedness Index 2022 which surveys the preparation of the states regarding their product potential and execution. Gujarat had topped the graph in the last two rankings. The objective of the index is to evaluate the states' preparedness in terms of their export performance and potential. 
Adani Group chairman Gautam Adani addressed shareholders at the Annual General Meeting (AGM) on Tuesday and said, the Hindenburg report was a mix of designated deception and ruined claims.
Stock markets: Equity benchmark indices Sensex and Nifty continued their record-breaking rally on Tuesday, reaching new all-time high levels in early trade, amid fresh foreign fund inflows and buying in banking counters. A positive trend in the US markets on Monday also contributed to the domestic benchmark indices optimism.
The time to file income tax returns has arrived. ITR-1, ITR-2, and ITR-4, among others, have been made available online by the Department of income tax with pre-filled data. In a similar vein, some salaried employees will soon receive their Form 16, the additional essential document required to file returns. However, July 31 is the due date to document personal government forms for the assessment year 2023–24 (relating to FY23), so the perfect opportunity to begin the process is when you get your Form 16.
In an article published in its July bulletin, the Reserve Bank of India said that India could become a developed country by 2047 with an average annual real Gross Domestic Product (GDP) growth of 7.6 per cent over the next 25 years. Given the state of the infrastructure, capital stocks, and skill sets of people, the task, however, might not be easy, said the article titled 'India @ 100'. 
A Bengaluru-based tech startup founder and CEO took to Twitter to express his shock and wonder after receiving over 3,000 resumes in 48 hours for job postings on the company's website.
The pharmaceuticals industry is back in focus. After considerable underperformance, the sector is once again creating a buzz as Sensex and Nifty scale to new highs.
Tamil Nadu has pipped Maharashtra and Gujarat to arise as the top state in the Niti Aayog's Export Preparedness Index 2022 which surveys the preparation of the states regarding their product potential and execution. Gujarat had topped the graph in the last two rankings. The objective of the index is to evaluate the states' preparedness in terms of their export performance and potential. 
Adani Group chairman Gautam Adani addressed shareholders at the Annual General Meeting (AGM) on Tuesday and said, the Hindenburg report was a mix of designated deception and ruined claims.
Stock markets: Equity benchmark indices Sensex and Nifty continued their record-breaking rally on Tuesday, reaching new all-time high levels in early trade, amid fresh foreign fund inflows and buying in banking counters. A positive trend in the US markets on Monday also contributed to the domestic benchmark indices optimism.
The time to file income tax returns has arrived. ITR-1, ITR-2, and ITR-4, among others, have been made available online by the Department of income tax with pre-filled data. In a similar vein, some salaried employees will soon receive their Form 16, the additional essential document required to file returns. However, July 31 is the due date to document personal government forms for the assessment year 2023–24 (relating to FY23), so the perfect opportunity to begin the process is when you get your Form 16.
In an article published in its July bulletin, the Reserve Bank of India said that India could become a developed country by 2047 with an average annual real Gross Domestic Product (GDP) growth of 7.6 per cent over the next 25 years. Given the state of the infrastructure, capital stocks, and skill sets of people, the task, however, might not be easy, said the article titled 'India @ 100'. 
G20 meet: Finance Minister Nirmala Sitharaman on Tuesday met her Chinese counterpart Liu Kun and discussed various deliverables under G20 India Presidency in Gujarat's Gandhinagar. According to reports, the talks between the two also included strengthening Multilateral Development Banks and global debt vulnerabilities. 

Piramal Pharma's Rs 1,050-cr rights issue gets Sebi's nod

Tuesday 18 July 2023 09:23 AM UTC+00
Piramal Pharma has received capital markets regulator Sebi's go-ahead to raise up to Rs 1,050 crore through rights issue of shares. The pharma firm, which filed draft papers with the regulator in March, obtained its observation letter on July 12, an update with the Securities and Exchange Board of India (Sebi) showed on Tuesday.
CRCS Sahara Refund Portal: In order to provide a major relief to Sahara depositors, Cooperation Minister Amit Shah on Tuesday launched the 'CRCS-Sahara Refund Portal'. According to the top leader of Bharatiya Janata Party (BJP), the portal has been launched aiming at a refund of the hard-earned money of crores of depositors in four cooperative societies of Sahara Group in about 45 days. Taking to Twitter, Shah said, "After registration of the depositors on 'Sahara Refund Portal' and verification of documents, the amount will be directly transferred to their bank account."
A Bengaluru-based tech startup founder and CEO took to Twitter to express his shock and wonder after receiving over 3,000 resumes in 48 hours for job postings on the company's website.
The pharmaceuticals industry is back in focus. After considerable underperformance, the sector is once again creating a buzz as Sensex and Nifty scale to new highs.
Tamil Nadu has pipped Maharashtra and Gujarat to arise as the top state in the Niti Aayog's Export Preparedness Index 2022 which surveys the preparation of the states regarding their product potential and execution. Gujarat had topped the graph in the last two rankings. The objective of the index is to evaluate the states' preparedness in terms of their export performance and potential. 
Adani Group chairman Gautam Adani addressed shareholders at the Annual General Meeting (AGM) on Tuesday and said, the Hindenburg report was a mix of designated deception and ruined claims.
Stock markets: Equity benchmark indices Sensex and Nifty continued their record-breaking rally on Tuesday, reaching new all-time high levels in early trade, amid fresh foreign fund inflows and buying in banking counters. A positive trend in the US markets on Monday also contributed to the domestic benchmark indices optimism.
The time to file income tax returns has arrived. ITR-1, ITR-2, and ITR-4, among others, have been made available online by the Department of income tax with pre-filled data. In a similar vein, some salaried employees will soon receive their Form 16, the additional essential document required to file returns. However, July 31 is the due date to document personal government forms for the assessment year 2023–24 (relating to FY23), so the perfect opportunity to begin the process is when you get your Form 16.
In an article published in its July bulletin, the Reserve Bank of India said that India could become a developed country by 2047 with an average annual real Gross Domestic Product (GDP) growth of 7.6 per cent over the next 25 years. Given the state of the infrastructure, capital stocks, and skill sets of people, the task, however, might not be easy, said the article titled 'India @ 100'. 
G20 meet: Finance Minister Nirmala Sitharaman on Tuesday met her Chinese counterpart Liu Kun and discussed various deliverables under G20 India Presidency in Gujarat's Gandhinagar. According to reports, the talks between the two also included strengthening Multilateral Development Banks and global debt vulnerabilities. 

Piramal Pharma's Rs 1,050-cr rights issue gets Sebi's nod

Tuesday 18 July 2023 09:23 AM UTC+00
Piramal Pharma has received capital markets regulator Sebi's go-ahead to raise up to Rs 1,050 crore through rights issue of shares. The pharma firm, which filed draft papers with the regulator in March, obtained its observation letter on July 12, an update with the Securities and Exchange Board of India (Sebi) showed on Tuesday.
CRCS Sahara Refund Portal: In order to provide a major relief to Sahara depositors, Cooperation Minister Amit Shah on Tuesday launched the 'CRCS-Sahara Refund Portal'. According to the top leader of Bharatiya Janata Party (BJP), the portal has been launched aiming at a refund of the hard-earned money of crores of depositors in four cooperative societies of Sahara Group in about 45 days. Taking to Twitter, Shah said, "After registration of the depositors on 'Sahara Refund Portal' and verification of documents, the amount will be directly transferred to their bank account."
A Bengaluru-based tech startup founder and CEO took to Twitter to express his shock and wonder after receiving over 3,000 resumes in 48 hours for job postings on the company's website.
The pharmaceuticals industry is back in focus. After considerable underperformance, the sector is once again creating a buzz as Sensex and Nifty scale to new highs.
Tamil Nadu has pipped Maharashtra and Gujarat to arise as the top state in the Niti Aayog's Export Preparedness Index 2022 which surveys the preparation of the states regarding their product potential and execution. Gujarat had topped the graph in the last two rankings. The objective of the index is to evaluate the states' preparedness in terms of their export performance and potential. 
Adani Group chairman Gautam Adani addressed shareholders at the Annual General Meeting (AGM) on Tuesday and said, the Hindenburg report was a mix of designated deception and ruined claims.
Stock markets: Equity benchmark indices Sensex and Nifty continued their record-breaking rally on Tuesday, reaching new all-time high levels in early trade, amid fresh foreign fund inflows and buying in banking counters. A positive trend in the US markets on Monday also contributed to the domestic benchmark indices optimism.
The time to file income tax returns has arrived. ITR-1, ITR-2, and ITR-4, among others, have been made available online by the Department of income tax with pre-filled data. In a similar vein, some salaried employees will soon receive their Form 16, the additional essential document required to file returns. However, July 31 is the due date to document personal government forms for the assessment year 2023–24 (relating to FY23), so the perfect opportunity to begin the process is when you get your Form 16.
In an article published in its July bulletin, the Reserve Bank of India said that India could become a developed country by 2047 with an average annual real Gross Domestic Product (GDP) growth of 7.6 per cent over the next 25 years. Given the state of the infrastructure, capital stocks, and skill sets of people, the task, however, might not be easy, said the article titled 'India @ 100'. 
G20 meet: Finance Minister Nirmala Sitharaman on Tuesday met her Chinese counterpart Liu Kun and discussed various deliverables under G20 India Presidency in Gujarat's Gandhinagar. According to reports, the talks between the two also included strengthening Multilateral Development Banks and global debt vulnerabilities. 

Piramal Pharma's Rs 1,050-cr rights issue gets Sebi's nod

Tuesday 18 July 2023 09:23 AM UTC+00
Piramal Pharma has received capital markets regulator Sebi's go-ahead to raise up to Rs 1,050 crore through rights issue of shares. The pharma firm, which filed draft papers with the regulator in March, obtained its observation letter on July 12, an update with the Securities and Exchange Board of India (Sebi) showed on Tuesday.
CRCS Sahara Refund Portal: In order to provide a major relief to Sahara depositors, Cooperation Minister Amit Shah on Tuesday launched the 'CRCS-Sahara Refund Portal'. According to the top leader of Bharatiya Janata Party (BJP), the portal has been launched aiming at a refund of the hard-earned money of crores of depositors in four cooperative societies of Sahara Group in about 45 days. Taking to Twitter, Shah said, "After registration of the depositors on 'Sahara Refund Portal' and verification of documents, the amount will be directly transferred to their bank account."
A Bengaluru-based tech startup founder and CEO took to Twitter to express his shock and wonder after receiving over 3,000 resumes in 48 hours for job postings on the company's website.
The pharmaceuticals industry is back in focus. After considerable underperformance, the sector is once again creating a buzz as Sensex and Nifty scale to new highs.
Tamil Nadu has pipped Maharashtra and Gujarat to arise as the top state in the Niti Aayog's Export Preparedness Index 2022 which surveys the preparation of the states regarding their product potential and execution. Gujarat had topped the graph in the last two rankings. The objective of the index is to evaluate the states' preparedness in terms of their export performance and potential. 
Adani Group chairman Gautam Adani addressed shareholders at the Annual General Meeting (AGM) on Tuesday and said, the Hindenburg report was a mix of designated deception and ruined claims.
Stock markets: Equity benchmark indices Sensex and Nifty continued their record-breaking rally on Tuesday, reaching new all-time high levels in early trade, amid fresh foreign fund inflows and buying in banking counters. A positive trend in the US markets on Monday also contributed to the domestic benchmark indices optimism.
The time to file income tax returns has arrived. ITR-1, ITR-2, and ITR-4, among others, have been made available online by the Department of income tax with pre-filled data. In a similar vein, some salaried employees will soon receive their Form 16, the additional essential document required to file returns. However, July 31 is the due date to document personal government forms for the assessment year 2023–24 (relating to FY23), so the perfect opportunity to begin the process is when you get your Form 16.
In an article published in its July bulletin, the Reserve Bank of India said that India could become a developed country by 2047 with an average annual real Gross Domestic Product (GDP) growth of 7.6 per cent over the next 25 years. Given the state of the infrastructure, capital stocks, and skill sets of people, the task, however, might not be easy, said the article titled 'India @ 100'. 
G20 meet: Finance Minister Nirmala Sitharaman on Tuesday met her Chinese counterpart Liu Kun and discussed various deliverables under G20 India Presidency in Gujarat's Gandhinagar. According to reports, the talks between the two also included strengthening Multilateral Development Banks and global debt vulnerabilities. 

Piramal Pharma's Rs 1,050-cr rights issue gets Sebi's nod

Tuesday 18 July 2023 09:23 AM UTC+00
Piramal Pharma has received capital markets regulator Sebi's go-ahead to raise up to Rs 1,050 crore through rights issue of shares. The pharma firm, which filed draft papers with the regulator in March, obtained its observation letter on July 12, an update with the Securities and Exchange Board of India (Sebi) showed on Tuesday.
CRCS Sahara Refund Portal: In order to provide a major relief to Sahara depositors, Cooperation Minister Amit Shah on Tuesday launched the 'CRCS-Sahara Refund Portal'. According to the top leader of Bharatiya Janata Party (BJP), the portal has been launched aiming at a refund of the hard-earned money of crores of depositors in four cooperative societies of Sahara Group in about 45 days. Taking to Twitter, Shah said, "After registration of the depositors on 'Sahara Refund Portal' and verification of documents, the amount will be directly transferred to their bank account."
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