BUSINESS

Labor Union Alerts of 'Ongoing Dispute' as 9,500 US Hotel Workers End Strike
Anurima Das -
More than 10,000 hotel workers from nine cities, including Baltimore, Boston, Greenwich, Honolulu, Kauai, San Diego, San Francisco, San Jose, and Seattle, went on strike over the weekend, Xinhua news agency reported.
India-UK FTA within finger-touching distance, says NITI Aayog CEO
Siddhant Kumar -
Signing the UK-India Infrastructure Financing Bridge Agreement was accompanied by affirmations from both sides that the general bilateral relationship was moving ahead independently of the FTA negotiations. I think this is a deal which is in the last slab. The two sides. are not even at hand-shaking distance, the fingers are touching. It's just a question of that extra five inches and you can grab the deal," said Subrahmanyam during a panel discussing the future of India-UK trade.
Vodafone Idea Hit with Rs 73-Cr GST Demand and Penalty
Anurima Das -
The company received nine such orders from different GST offices, mainly for allegedly making short payment of taxes and availing excess input tax credit.
Indian investors could see Rs 250 per month SIP soon, says SEBI Chief
Monika -
Inclusion agenda is very dear to SEBI, and the Rs 250 SIP, by offering lower cost of servicing, is indeed a beacon in the direction of taking financial products to the common man," Buch told the gathering.
Not paid any salary or ESOPs to Madhabi Buch post-retirement, says ICICI Bank
Kumar Manoj -
The Bank or its group companies have not paid any salary or granted any ESOPs to Madhabi Puri Buch subsequent to her retirement, other than her retiral benefits. This is to further note that she had opted for superannuation with effect from 31 October 2013, said the bank in a regulatory filing.
Adani Energy Boosts Khavda Presence with 7GW Renewable Energy Transmission Project
Anurima Das -
The 298 km, Rs 4,091 crore long project will evacuate 7 GW of RE from Khavda renewable energy park into the national grid.
Sensex Hits Record High at Opening on Positive Global Signals
Siddhant Kumar -
At 9:43 a.m., Sensex was 246 points or 0.30 per cent at 82,612 and Nifty was 77 points or 0.31 per cent at 25,313.
George Clooney Praises Joe Biden for Withdrawing from US Presidential Race
Kumar Manoj -
He said: "I actually have never had to answer that question, so I suppose I will do it here. The person who should be applauded is the President, who has done the most selfless thing a President has done since George Washington.
Sebi Updates Criteria for Stock Inclusion and Removal from Derivatives Market
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For example, the new qualifying benchmarks for their inclusion in the derivatives segment would be linked to their performance in the cash segment during the last six months, to be checked on a rolling basis.
UPI Handles Rs 81 Lakh Crore in Transactions from April to July, Surging 37% Year-on-Year
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According to recent data provided by the global payments hub Paysecure, it recorded 3,729.1 transactions per second, up 58 percent from 2,348 transactions a second in 2022. This number reportedly outstrips the transaction volumes for China's Alipay, PayPal, and Brazil's PIX.
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