BUSINESS
Maruti Suzuki gets GST notice for paying up Rs 139 crore
The notice pertains to the matter of tax liability under reverse charge basis on certain services for the period of July 2017 to August, 2022, the company said in a regulatory filing.
Higher windfall tax on crude oil kicks in as prices soar to $95 a barrel
The windfall tax on petroleum crude has been raised to Rs 12,100 a ton from Rs 10,000 with effect from September 30. The tax helps the government to raise more resources to subsidise the prices of LPG and CNG for consumers.
UAW adds GM, Ford SUV plants to strike
During a Facebook live on Friday, Fain told workersthat negotiations haven't broken down but Ford and GM have refused to make meaningful progress, reports Xinhua news agency.
India emerging as alternative supply source, says Hardeep Puri
Addressing the annual meeting of industry chamber PHDCCI, Puri said that with the transition witnessed by energy sector in recent years, India is simultaneously pursuing both traditional fuel exploration and energy transition.
X has paid over Rs 166 crore to creators so far: CEO Yaccarino
The social media platform started paying creators in July for a share of the ad revenue they earned from ads served in the replies to their posts to other verified users.
India's fiscal deficit widens in April-August despite surge in tax collections
The fiscal deficit for April-August last year was Rs 5.42 lakh crore which was 32.6 per cent of the target of Rs 16.61 lakh crore for 2022-23.
Karnataka govt promulgates ordinance to impose 28% tax on online gaming
The additional tax will also be imposed on racecourses, and casinos following the consent of Governor Thawarchand Gehlot.
Nifty faces profit booking after strong start
Smaller stocks represented by Nifty Mid and small cap 100 Index outperformed the Nifty where they gained 1.08 per cent and 0.99 per cent respectively as against 0.59 per cent rise in the Nifty.
Air India acquired three brand new aircraft this week, says CEO Wilson
In his Friday letter, Wilson said that the aircraft acquired are part of the mammoth 470-aircraft order announced just a few months ago.
Licious sees flat revenue, losses narrow to Rs 528 cr in FY23
Even as the company’s revenues remained flat, its losses in FY23 narrowed to Rs 528.5 crore, still down around 38 per cent from Rs 855.6 crore in FY22, according to data accessed via market intelligence platform Tofler.
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