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IndiaTV Business: Google News Feed: Digest for March 20, 2024

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Stock markets: Equity benchmark indices declined in early trade on Friday amid weak global market trends and foreign fund outflows. The 30-share BSE Sensex declined 314.56 points to 72,782.72 after a weak beginning. The NSE Nifty dropped 101.65 points to 22,045.
Advance tax payment: The deadline to pay the fourth installment of advance tax is March 15. Failing to do so may result in substantial penalties, so it's advisable to settle the payment today if you haven't already. Advance tax is not paid at the end of the year but in installments throughout the year. Individuals whose tax liability exceeds Rs 10,000 are required to pay advance tax in installments as per the schedule set by the Income Tax Department.
Business news: Regulator Securities and Exchange Board of India (SEBI) on Friday (March 15) approved a raft of relaxations for foreign portfolio investors, alternative investment funds and entities seeking to raise funds through initial share sales, as part of facilitating the ease of doing business in the securities market. Also, the board of Securities and Exchange Board of India (Sebi) gave its nod for a uniform approach for verification of market rumours by entities that have listed their equities.
The Ministry of Commerce and Industry said on Saturday (March 16) that the Patent Office has granted an unprecedented one lakh patents within a single year. As per an official release, in the fiscal year 2023-24 alone, the Patent Office received an all-time high of 90,300 patent applications.
Flipkart was ordered to pay Rs 10,000 as redressal for mental harassment to a customer as he after the company cancelled his iPhone order. The cancellation was intentional to make extra profit, which amounts to a deficiency in service and unfair and restrictive trade practice adopted by the online platform, said the District Consumer Disputes Redressal Commission, Central Mumbai, in the order passed last month.
Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. The conglomerate is setting up the world's largest renewable energy park at Gujarat's Khavda spreading over 530 square km area. According to sources, Adani Group is planning to invest USD 14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure.
Stock markets: Equity benchmark indices faced volatile trends in early trade on Monday, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil prices. The 30-share BSE Sensex climbed 126.36 points to 72,769.79 in early trade after a weak beginning to the trade. The NSE Nifty went up 20.65 points to 22,044.
Tata Consultancy Services (TCS) has rolled out the 'Quick Joiner Incentive Plan' under which the company offers candidates an additional Rs 40,000 for senior roles with the concern that they join within a month.
Amid discussions surrounding the stock market, you may have come across a term these days - stress test. The recent steep decline in mid- and small-cap shares has been attributed to this stress test. So, what exactly is this stress test? Let's delve into it. Looking back at history, there were certain events in the stock market when it witnessed significant crashes, such as the Lehman Brothers crisis in 2008 or the downturn following the pandemic in 2020. In such situations, investors rush to withdraw their money from the market to minimise their losses. In the case of mutual funds, when investors opt for redemption, the fund must have sufficient liquidity. A stress test is a method to check how quickly these funds can liquidate their portfolios in extraordinary circumstances.
Infosys co-founder Narayana Murthy gifted shares worth Rs 240 crore to his four-month-old grandson Ekagrah Rohan Murty. In an exchange filing, it was revealed that Ekagrah acquired 1.5 lakh shares or 0.04 per cent stake in the company. The gift was handed in an off-the-market transaction on Friday.
Advance tax payment: The deadline to pay the fourth installment of advance tax is March 15. Failing to do so may result in substantial penalties, so it's advisable to settle the payment today if you haven't already. Advance tax is not paid at the end of the year but in installments throughout the year. Individuals whose tax liability exceeds Rs 10,000 are required to pay advance tax in installments as per the schedule set by the Income Tax Department.
Business news: Regulator Securities and Exchange Board of India (SEBI) on Friday (March 15) approved a raft of relaxations for foreign portfolio investors, alternative investment funds and entities seeking to raise funds through initial share sales, as part of facilitating the ease of doing business in the securities market. Also, the board of Securities and Exchange Board of India (Sebi) gave its nod for a uniform approach for verification of market rumours by entities that have listed their equities.
The Ministry of Commerce and Industry said on Saturday (March 16) that the Patent Office has granted an unprecedented one lakh patents within a single year. As per an official release, in the fiscal year 2023-24 alone, the Patent Office received an all-time high of 90,300 patent applications.
Flipkart was ordered to pay Rs 10,000 as redressal for mental harassment to a customer as he after the company cancelled his iPhone order. The cancellation was intentional to make extra profit, which amounts to a deficiency in service and unfair and restrictive trade practice adopted by the online platform, said the District Consumer Disputes Redressal Commission, Central Mumbai, in the order passed last month.
Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. The conglomerate is setting up the world's largest renewable energy park at Gujarat's Khavda spreading over 530 square km area. According to sources, Adani Group is planning to invest USD 14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure.
Stock markets: Equity benchmark indices faced volatile trends in early trade on Monday, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil prices. The 30-share BSE Sensex climbed 126.36 points to 72,769.79 in early trade after a weak beginning to the trade. The NSE Nifty went up 20.65 points to 22,044.
Tata Consultancy Services (TCS) has rolled out the 'Quick Joiner Incentive Plan' under which the company offers candidates an additional Rs 40,000 for senior roles with the concern that they join within a month.
Amid discussions surrounding the stock market, you may have come across a term these days - stress test. The recent steep decline in mid- and small-cap shares has been attributed to this stress test. So, what exactly is this stress test? Let's delve into it. Looking back at history, there were certain events in the stock market when it witnessed significant crashes, such as the Lehman Brothers crisis in 2008 or the downturn following the pandemic in 2020. In such situations, investors rush to withdraw their money from the market to minimise their losses. In the case of mutual funds, when investors opt for redemption, the fund must have sufficient liquidity. A stress test is a method to check how quickly these funds can liquidate their portfolios in extraordinary circumstances.
Infosys co-founder Narayana Murthy gifted shares worth Rs 240 crore to his four-month-old grandson Ekagrah Rohan Murty. In an exchange filing, it was revealed that Ekagrah acquired 1.5 lakh shares or 0.04 per cent stake in the company. The gift was handed in an off-the-market transaction on Friday.
Stock markets: The equity benchmark indices continue to be in negative due to weak global cues and rising crude oil prices. In the early trade, the 30-share BSE Sensex declined 314.56 points to 72,782.72. Meanwhile, the NSE Nifty dropped 101.65 points to 22,045.
The Ministry of Commerce and Industry said on Saturday (March 16) that the Patent Office has granted an unprecedented one lakh patents within a single year. As per an official release, in the fiscal year 2023-24 alone, the Patent Office received an all-time high of 90,300 patent applications.
Flipkart was ordered to pay Rs 10,000 as redressal for mental harassment to a customer as he after the company cancelled his iPhone order. The cancellation was intentional to make extra profit, which amounts to a deficiency in service and unfair and restrictive trade practice adopted by the online platform, said the District Consumer Disputes Redressal Commission, Central Mumbai, in the order passed last month.
Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. The conglomerate is setting up the world's largest renewable energy park at Gujarat's Khavda spreading over 530 square km area. According to sources, Adani Group is planning to invest USD 14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure.
Stock markets: Equity benchmark indices faced volatile trends in early trade on Monday, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil prices. The 30-share BSE Sensex climbed 126.36 points to 72,769.79 in early trade after a weak beginning to the trade. The NSE Nifty went up 20.65 points to 22,044.
Tata Consultancy Services (TCS) has rolled out the 'Quick Joiner Incentive Plan' under which the company offers candidates an additional Rs 40,000 for senior roles with the concern that they join within a month.
Amid discussions surrounding the stock market, you may have come across a term these days - stress test. The recent steep decline in mid- and small-cap shares has been attributed to this stress test. So, what exactly is this stress test? Let's delve into it. Looking back at history, there were certain events in the stock market when it witnessed significant crashes, such as the Lehman Brothers crisis in 2008 or the downturn following the pandemic in 2020. In such situations, investors rush to withdraw their money from the market to minimise their losses. In the case of mutual funds, when investors opt for redemption, the fund must have sufficient liquidity. A stress test is a method to check how quickly these funds can liquidate their portfolios in extraordinary circumstances.
Infosys co-founder Narayana Murthy gifted shares worth Rs 240 crore to his four-month-old grandson Ekagrah Rohan Murty. In an exchange filing, it was revealed that Ekagrah acquired 1.5 lakh shares or 0.04 per cent stake in the company. The gift was handed in an off-the-market transaction on Friday.
Stock markets: The equity benchmark indices continue to be in negative due to weak global cues and rising crude oil prices. In the early trade, the 30-share BSE Sensex declined 314.56 points to 72,782.72. Meanwhile, the NSE Nifty dropped 101.65 points to 22,045.
Income tax-saving: March holds significant importance for tax planning, allowing taxpayers to leverage government-provided tax exemptions by investing in specified avenues. With the end of the financial year approaching, now is the opportune time to commence tax planning. Making well-informed decisions regarding tax-saving investments before the March 31 deadline is imperative. However, exercising caution during tax planning is essential to avoid missing out on the benefits of tax exemptions. When implementing last-minute tax-saving strategies, it's crucial to avoid common mistakes to prevent penalties or missed savings opportunities. 
E-commerce company Flipkart reported a massive slump in its valuation as it dropped by Rs 41,000 crore, or $5 billion, in two years as of January 2024, as per equity transactions carried out by its US-based parent firm Walmart. The firm's valuation dropped from $40 billion in the fiscal year ending January 31, 2022, to $35 billion as of January 31, 2024.
The Ministry of Commerce and Industry said on Saturday (March 16) that the Patent Office has granted an unprecedented one lakh patents within a single year. As per an official release, in the fiscal year 2023-24 alone, the Patent Office received an all-time high of 90,300 patent applications.
Flipkart was ordered to pay Rs 10,000 as redressal for mental harassment to a customer as he after the company cancelled his iPhone order. The cancellation was intentional to make extra profit, which amounts to a deficiency in service and unfair and restrictive trade practice adopted by the online platform, said the District Consumer Disputes Redressal Commission, Central Mumbai, in the order passed last month.
Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. The conglomerate is setting up the world's largest renewable energy park at Gujarat's Khavda spreading over 530 square km area. According to sources, Adani Group is planning to invest USD 14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure.
Stock markets: Equity benchmark indices faced volatile trends in early trade on Monday, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil prices. The 30-share BSE Sensex climbed 126.36 points to 72,769.79 in early trade after a weak beginning to the trade. The NSE Nifty went up 20.65 points to 22,044.
Tata Consultancy Services (TCS) has rolled out the 'Quick Joiner Incentive Plan' under which the company offers candidates an additional Rs 40,000 for senior roles with the concern that they join within a month.
Amid discussions surrounding the stock market, you may have come across a term these days - stress test. The recent steep decline in mid- and small-cap shares has been attributed to this stress test. So, what exactly is this stress test? Let's delve into it. Looking back at history, there were certain events in the stock market when it witnessed significant crashes, such as the Lehman Brothers crisis in 2008 or the downturn following the pandemic in 2020. In such situations, investors rush to withdraw their money from the market to minimise their losses. In the case of mutual funds, when investors opt for redemption, the fund must have sufficient liquidity. A stress test is a method to check how quickly these funds can liquidate their portfolios in extraordinary circumstances.
Infosys co-founder Narayana Murthy gifted shares worth Rs 240 crore to his four-month-old grandson Ekagrah Rohan Murty. In an exchange filing, it was revealed that Ekagrah acquired 1.5 lakh shares or 0.04 per cent stake in the company. The gift was handed in an off-the-market transaction on Friday.
Stock markets: The equity benchmark indices continue to be in negative due to weak global cues and rising crude oil prices. In the early trade, the 30-share BSE Sensex declined 314.56 points to 72,782.72. Meanwhile, the NSE Nifty dropped 101.65 points to 22,045.
Income tax-saving: March holds significant importance for tax planning, allowing taxpayers to leverage government-provided tax exemptions by investing in specified avenues. With the end of the financial year approaching, now is the opportune time to commence tax planning. Making well-informed decisions regarding tax-saving investments before the March 31 deadline is imperative. However, exercising caution during tax planning is essential to avoid missing out on the benefits of tax exemptions. When implementing last-minute tax-saving strategies, it's crucial to avoid common mistakes to prevent penalties or missed savings opportunities. 
E-commerce company Flipkart reported a massive slump in its valuation as it dropped by Rs 41,000 crore, or $5 billion, in two years as of January 2024, as per equity transactions carried out by its US-based parent firm Walmart. The firm's valuation dropped from $40 billion in the fiscal year ending January 31, 2022, to $35 billion as of January 31, 2024.
The Ministry of Commerce and Industry said on Saturday (March 16) that the Patent Office has granted an unprecedented one lakh patents within a single year. As per an official release, in the fiscal year 2023-24 alone, the Patent Office received an all-time high of 90,300 patent applications.
Flipkart was ordered to pay Rs 10,000 as redressal for mental harassment to a customer as he after the company cancelled his iPhone order. The cancellation was intentional to make extra profit, which amounts to a deficiency in service and unfair and restrictive trade practice adopted by the online platform, said the District Consumer Disputes Redressal Commission, Central Mumbai, in the order passed last month.
Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. The conglomerate is setting up the world's largest renewable energy park at Gujarat's Khavda spreading over 530 square km area. According to sources, Adani Group is planning to invest USD 14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure.
Stock markets: Equity benchmark indices faced volatile trends in early trade on Monday, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil prices. The 30-share BSE Sensex climbed 126.36 points to 72,769.79 in early trade after a weak beginning to the trade. The NSE Nifty went up 20.65 points to 22,044.
Tata Consultancy Services (TCS) has rolled out the 'Quick Joiner Incentive Plan' under which the company offers candidates an additional Rs 40,000 for senior roles with the concern that they join within a month.
Amid discussions surrounding the stock market, you may have come across a term these days - stress test. The recent steep decline in mid- and small-cap shares has been attributed to this stress test. So, what exactly is this stress test? Let's delve into it. Looking back at history, there were certain events in the stock market when it witnessed significant crashes, such as the Lehman Brothers crisis in 2008 or the downturn following the pandemic in 2020. In such situations, investors rush to withdraw their money from the market to minimise their losses. In the case of mutual funds, when investors opt for redemption, the fund must have sufficient liquidity. A stress test is a method to check how quickly these funds can liquidate their portfolios in extraordinary circumstances.
Infosys co-founder Narayana Murthy gifted shares worth Rs 240 crore to his four-month-old grandson Ekagrah Rohan Murty. In an exchange filing, it was revealed that Ekagrah acquired 1.5 lakh shares or 0.04 per cent stake in the company. The gift was handed in an off-the-market transaction on Friday.
Stock markets: The equity benchmark indices continue to be in negative due to weak global cues and rising crude oil prices. In the early trade, the 30-share BSE Sensex declined 314.56 points to 72,782.72. Meanwhile, the NSE Nifty dropped 101.65 points to 22,045.
Income tax-saving: March holds significant importance for tax planning, allowing taxpayers to leverage government-provided tax exemptions by investing in specified avenues. With the end of the financial year approaching, now is the opportune time to commence tax planning. Making well-informed decisions regarding tax-saving investments before the March 31 deadline is imperative. However, exercising caution during tax planning is essential to avoid missing out on the benefits of tax exemptions. When implementing last-minute tax-saving strategies, it's crucial to avoid common mistakes to prevent penalties or missed savings opportunities. 
E-commerce company Flipkart reported a massive slump in its valuation as it dropped by Rs 41,000 crore, or $5 billion, in two years as of January 2024, as per equity transactions carried out by its US-based parent firm Walmart. The firm's valuation dropped from $40 billion in the fiscal year ending January 31, 2022, to $35 billion as of January 31, 2024.
The Ministry of Commerce and Industry said on Saturday (March 16) that the Patent Office has granted an unprecedented one lakh patents within a single year. As per an official release, in the fiscal year 2023-24 alone, the Patent Office received an all-time high of 90,300 patent applications.
Flipkart was ordered to pay Rs 10,000 as redressal for mental harassment to a customer as he after the company cancelled his iPhone order. The cancellation was intentional to make extra profit, which amounts to a deficiency in service and unfair and restrictive trade practice adopted by the online platform, said the District Consumer Disputes Redressal Commission, Central Mumbai, in the order passed last month.
Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. The conglomerate is setting up the world's largest renewable energy park at Gujarat's Khavda spreading over 530 square km area. According to sources, Adani Group is planning to invest USD 14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure.
Stock markets: Equity benchmark indices faced volatile trends in early trade on Monday, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil prices. The 30-share BSE Sensex climbed 126.36 points to 72,769.79 in early trade after a weak beginning to the trade. The NSE Nifty went up 20.65 points to 22,044.
Tata Consultancy Services (TCS) has rolled out the 'Quick Joiner Incentive Plan' under which the company offers candidates an additional Rs 40,000 for senior roles with the concern that they join within a month.
Amid discussions surrounding the stock market, you may have come across a term these days - stress test. The recent steep decline in mid- and small-cap shares has been attributed to this stress test. So, what exactly is this stress test? Let's delve into it. Looking back at history, there were certain events in the stock market when it witnessed significant crashes, such as the Lehman Brothers crisis in 2008 or the downturn following the pandemic in 2020. In such situations, investors rush to withdraw their money from the market to minimise their losses. In the case of mutual funds, when investors opt for redemption, the fund must have sufficient liquidity. A stress test is a method to check how quickly these funds can liquidate their portfolios in extraordinary circumstances.
Infosys co-founder Narayana Murthy gifted shares worth Rs 240 crore to his four-month-old grandson Ekagrah Rohan Murty. In an exchange filing, it was revealed that Ekagrah acquired 1.5 lakh shares or 0.04 per cent stake in the company. The gift was handed in an off-the-market transaction on Friday.
Stock markets: The equity benchmark indices continue to be in negative due to weak global cues and rising crude oil prices. In the early trade, the 30-share BSE Sensex declined 314.56 points to 72,782.72. Meanwhile, the NSE Nifty dropped 101.65 points to 22,045.
Income tax-saving: March holds significant importance for tax planning, allowing taxpayers to leverage government-provided tax exemptions by investing in specified avenues. With the end of the financial year approaching, now is the opportune time to commence tax planning. Making well-informed decisions regarding tax-saving investments before the March 31 deadline is imperative. However, exercising caution during tax planning is essential to avoid missing out on the benefits of tax exemptions. When implementing last-minute tax-saving strategies, it's crucial to avoid common mistakes to prevent penalties or missed savings opportunities. 
E-commerce company Flipkart reported a massive slump in its valuation as it dropped by Rs 41,000 crore, or $5 billion, in two years as of January 2024, as per equity transactions carried out by its US-based parent firm Walmart. The firm's valuation dropped from $40 billion in the fiscal year ending January 31, 2022, to $35 billion as of January 31, 2024.
The Ministry of Commerce and Industry said on Saturday (March 16) that the Patent Office has granted an unprecedented one lakh patents within a single year. As per an official release, in the fiscal year 2023-24 alone, the Patent Office received an all-time high of 90,300 patent applications.
Flipkart was ordered to pay Rs 10,000 as redressal for mental harassment to a customer as he after the company cancelled his iPhone order. The cancellation was intentional to make extra profit, which amounts to a deficiency in service and unfair and restrictive trade practice adopted by the online platform, said the District Consumer Disputes Redressal Commission, Central Mumbai, in the order passed last month.
Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. The conglomerate is setting up the world's largest renewable energy park at Gujarat's Khavda spreading over 530 square km area. According to sources, Adani Group is planning to invest USD 14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure.
Stock markets: Equity benchmark indices faced volatile trends in early trade on Monday, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil prices. The 30-share BSE Sensex climbed 126.36 points to 72,769.79 in early trade after a weak beginning to the trade. The NSE Nifty went up 20.65 points to 22,044.
Tata Consultancy Services (TCS) has rolled out the 'Quick Joiner Incentive Plan' under which the company offers candidates an additional Rs 40,000 for senior roles with the concern that they join within a month.
Amid discussions surrounding the stock market, you may have come across a term these days - stress test. The recent steep decline in mid- and small-cap shares has been attributed to this stress test. So, what exactly is this stress test? Let's delve into it. Looking back at history, there were certain events in the stock market when it witnessed significant crashes, such as the Lehman Brothers crisis in 2008 or the downturn following the pandemic in 2020. In such situations, investors rush to withdraw their money from the market to minimise their losses. In the case of mutual funds, when investors opt for redemption, the fund must have sufficient liquidity. A stress test is a method to check how quickly these funds can liquidate their portfolios in extraordinary circumstances.
Infosys co-founder Narayana Murthy gifted shares worth Rs 240 crore to his four-month-old grandson Ekagrah Rohan Murty. In an exchange filing, it was revealed that Ekagrah acquired 1.5 lakh shares or 0.04 per cent stake in the company. The gift was handed in an off-the-market transaction on Friday.
Stock markets: The equity benchmark indices continue to be in negative due to weak global cues and rising crude oil prices. In the early trade, the 30-share BSE Sensex declined 314.56 points to 72,782.72. Meanwhile, the NSE Nifty dropped 101.65 points to 22,045.
Income tax-saving: March holds significant importance for tax planning, allowing taxpayers to leverage government-provided tax exemptions by investing in specified avenues. With the end of the financial year approaching, now is the opportune time to commence tax planning. Making well-informed decisions regarding tax-saving investments before the March 31 deadline is imperative. However, exercising caution during tax planning is essential to avoid missing out on the benefits of tax exemptions. When implementing last-minute tax-saving strategies, it's crucial to avoid common mistakes to prevent penalties or missed savings opportunities. 
E-commerce company Flipkart reported a massive slump in its valuation as it dropped by Rs 41,000 crore, or $5 billion, in two years as of January 2024, as per equity transactions carried out by its US-based parent firm Walmart. The firm's valuation dropped from $40 billion in the fiscal year ending January 31, 2022, to $35 billion as of January 31, 2024.
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