Byju’s US-based subsidiary Alpha Inc transferred more than half a billion dollars to Camshaft Capital Fund in 2022, Bloomberg reported, citing a lawsuit in US court.
Write-offs, recoveries contributed to reduction in NPAs: RBI data
The fall in Reliance’s shares, their steepest in two weeks, lead losses on the benchmark Nifty 50 index. The Mukesh Ambani-led company is the heaviest stock in the index with a 10.21% weightage.
Walt Disney is exploring options to sell or find a joint venture partner for its India digital and TV business.
All states are yet to pass the required legislative amendments or ordinances in their respective Assemblies for the proposed change in GST provisions for online gaming, casinos and horse racing.
“Areas for improvement in the Indian government bond market structure highlighted by international investors remain largely unchanged from the previous March 2023 review,” FTSE said in its annual country classification review for the FTSE Emerging Markets Government Bond Index (EMGBI).
In between, the government has engaged with various stakeholders and the industry and revised its stand.
“Cross-border imposition (of tax) and that money going towards somebody else’s green agenda, if anything, is not moral at all,” Sitharaman told the CII Global Economic Policy Forum.
A senior official at the Directorate General of Civil Aviation (DGCA) said Vistara aircraft VTI926 operating the flight from Ahmedabad–Delhi was involved in the runway incursion.
On India’s inclusion in the JPMorgan bond index, Sitharaman said: “It shows a prospect for $23 billion to come to India. That is the kind of impact that inclusion into the JPMorgan bond index means.”