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What the Gates divorce means for the Gates Foundation

May 5, 2021 2:21:01 pm

Bill and Melinda Gates may be splitting up, but the Bill and Melinda Gates Foundation isn’t going anywhere.

Oilmeal exports from India grow by 51 per cent

April 20, 2021 11:02:17 pm

Oil meal or oilseed meal cake refers to the protein-rich substance left after oil is extracted from the seed.

Lower contributions weigh, EPF interest rate may be cut more

February 17, 2021 1:05:26 am

The EPFO’s Central Board of Trustees is likely to consider a lower interest rate than seven-year low of 8.5% paid out to its subscribers for the previous financial year.

PMLA case: Ex-ICICI Bank CEO Chanda Kochhar granted bail

February 12, 2021 2:08:36 pm

Following her appearance, her lawyer Vijay Agarwal filed her bail application. The court allowed the same on a bond of Rs 5 lakh.

Passenger vehicle retail sales dip 4% in January: Industry body FADA

February 9, 2021 4:39:38 pm

According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,273 out of the 1,480 regional transport offices (RTOs), PV sales stood at 2,94,817 units in January 2020.

Equity mutual funds see outflow for seventh straight month in January

February 9, 2021 4:05:04 pm

Also, investors pulled out Rs 33,409 crore from debt mutual funds last month after investing Rs 13,863 crore in December, data from the Association of Mutual Funds in India showed on Tuesday.

Jeff Bezos seeks $1.7 million in legal fees from girlfriend’s brother

January 27, 2021 1:54:12 pm

Lauren Sanchez’s brother, Michael Sanchez, sued Bezos and his security consultant, Gavin de Becker, claiming they defamed him by telling journalists that Michael had been the source of nude photos of Bezos that were leaked to the National Enquirer. The case was thrown out because Michael Sanchez’s only evidence was that he had heard that from journalists.

Car crashes in world’s oldest nation spur changes by automakers

January 19, 2021 9:56:12 am

Last year, Toyota upgraded its Safety Sense offering. The technology is designed to prevent or mitigate frontal collisions as well as keep drivers within their lane.

Housing sales plunge 50% in NCR during 2020; demand falls 37% across 8 major cities

January 6, 2021 2:14:00 pm

Housing sales fell in all eight major cities, with demand falling most in Ahmedabad and least in Pune.

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Urban jobless rate rises to 9.1% in Jan-Mar from 7.9% in Oct-Dec ’19

January 1, 2021 8:39:46 am

Urban unemployment was recorded at 8.4 per cent in July-September 2019, 8.9 per cent in April-June 2019 and 9.9 per cent in October-December 2018.

Mumbai witnesses record home sale registrations in December: Knight Frank India

December 31, 2020 2:37:32 pm

As much as 3,059 units were registered between December 28–30, 2020, it said. Till December 25, the daily average of the number of units getting registered in this month was at 585 units.

Online test requirements for independent directors eased

December 20, 2020 1:43:10 am

The amended regulations also exempt any directors with over three years of experience as a director or Key Managerial Personnel (KMP) in a listed company or an unlisted public company with a paid-up capital of over Rs 10 crore from the requirement.

Jeff Bezos’s former wife MacKenzie Scott donates over $4 billion in four months

December 16, 2020 10:47:48 am

Scott’s gifts this year approach $6 billion, which “has to be one of the biggest annual distributions by a living individual” to working charities, according to Melissa Berman, chief executive officer of Rockefeller Philanthropy Advisors.

CCI to launch study into impact of multiple investments by PE firms in same sector

December 5, 2020 1:24:31 am

CCI Chairman Ashok Kumar Gupta said investments by PE firms had surpassed strategic FDI investments in India.

Pizza Hut co-founder Frank Carney dies from pneumonia at 82

December 3, 2020 2:56:21 pm

Carney had recently recovered from COVID-19, but had Alzheimer's disease for more than a decade, the Wichita Eagle reported. He died at 4:30 a.m. at an assisted living facility in Wichita, his wife and brother told the Eagle.

Tamil Nadu bans online games, gambling; joins AP, Telangana

November 23, 2020 8:22:01 am

People who will be found gaming online will be fined Rs 5,000 and be punished with a six month sentence, while those who open or keep open online gaming houses will be fined Rs 10,000 and be imprisoned for two years.

April-October: EPFO settles claims worth Rs 55.9K crore

November 21, 2020 1:23:57 am

Of this, 47.58 lakh were Covid-19 advance claims worth Rs 12,220.26 crore, a letter sent by EPFO to its Central Board of Trustees on Friday showed.

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Budget 2021-22: Industry associations, experts asked to submit ideas by e-mail

November 14, 2020 1:10:26 am

“The government has launched a micro-site (online portal) on MyGov platform which will go live on 15th November 2020 to receive ideas for the budget,” the Centre said in a statement.

Govt asks CPSEs to pay higher dividends

November 14, 2020 12:56:52 am

Some CPSEs have also been asked to undertake share buyback, as mandated by the new rules for companies that have net worth of over Rs 2,000 crore and cash and bank balance of over Rs 1,000 crore

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Bigbasket faces potential data breach; details of 2 crore users put on sale on dark web

November 8, 2020 1:46:32 pm

Cyble claimed that the breach occurred on October 30, 2020 and it has already informed the management of Bigbasket about it.

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Bezos beats defamation lawsuit over photos leaked to enquirer

November 7, 2020 11:21:51 am

A California state judge, who had issued a tentative ruling dismissing the case on Thursday, officially tossed it out on Friday under a law protecting free-speech rights.

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Took VRS as govt’s reform agenda ‘was slipping away after general elections’: Subhash Garg

November 1, 2020 12:50:00 am

Ex-Finance Secretary Subhash Chandra Garg says relationship with Finance Minister Nirmala Sitharaman became ‘unproductive’.

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I-T, GST returns deadline extended again

October 25, 2020 1:17:16 am

The government had last month extended the last date for filing GST annual return and audit report for the 2018-19 fiscal by a month till October 31.

Ex-NCLAT chairperson joins Liberty House parent group advisory board

October 24, 2020 7:18:58 am

Retired Supreme Court judge Justice S J Mukhopadhaya has been appointed to a 17-member global advisory board of the Gupta Family Group (GFG) alliance.

Curbs on coercive, intrusive powers of tax officers for recovery

October 17, 2020 1:15:27 am

The new order now allows coercive/intrusive measures only after exhaustion of other means of recovery and restrict recovery surveys to the non-responsive/non-traceable taxpayers.