Business News

Mukesh Ambani led Reliance Retail buys 54 pc stake in Addverb Tech for USD 132 mn – Reliance Retail buys Addverb Technologies for $132 million Bought 54% stake, know what works this company

Adverb Company was formed in the year 2016. It expects an income of Rs 400 crore during the current financial year. Reliance Retail has bought 54 per cent stake in domestic robotics company Adverb for USD 132 million (about Rs 983 crore). Adverb Technologies co-founder and CEO Sangeet Kumar told news agency PTI-Bhasha that the …

Mukesh Ambani led Reliance Retail buys 54 pc stake in Addverb Tech for USD 132 mn – Reliance Retail buys Addverb Technologies for $132 million Bought 54% stake, know what works this company Read More »

BSE took a dive of 554 points, in the 30-share index, 23 closed on the red mark

Sensex and Nifty fell by nearly one per cent on Tuesday amid losses in shares of realty, auto and metal companies and continued selling pressure in global markets. The 30-share Sensex of BSE fell 554.05 points, or 0.90 percent, to 60,754.86 points at the end of trading. 23 out of thirty Sensex stocks remained in …

BSE took a dive of 554 points, in the 30-share index, 23 closed on the red mark Read More »

Lock-in period in Bank FD to be reduced from five to three years – IBA proposes to reduce the lock-in period in Bank FD from five to three years before Union Budget 2022 To be done from three years – IBA proposed before Union Budget 2022

At present, tax benefits are available on FD schemes with a tenure of five years. Banks have suggested reducing the tenure of fixed deposits to three years for tax benefits on the lines of mutual fund products like Equity Linked Savings Scheme. Indian Banks’ Association (IBA), in a pre-budget proposal submitted to the government, said, …

Lock-in period in Bank FD to be reduced from five to three years – IBA proposes to reduce the lock-in period in Bank FD from five to three years before Union Budget 2022 To be done from three years – IBA proposed before Union Budget 2022 Read More »

Mahindra brings ‘Get More Mileage or Give Truck Back’ scheme, know details Mahindra’s Truck and Bus Division of Mahindra Group announces ‘Get More Mileage or Give Truck Back’ guarantee for BS-VI Trucks ‘ scheme, know details

Additionally, MTB is offering a service guarantee (whether on the highway or at a dealership workshop) for customers to ensure high uptime by guaranteeing faster turnaround of the truck, he added. Mahindra’s Truck and Bus Division (MTB), under the Mahindra Group, on Monday (January 17, 2022) announced ‘Get More Mileage’ or ‘Get More Mileage’ for …

Mahindra brings ‘Get More Mileage or Give Truck Back’ scheme, know details Mahindra’s Truck and Bus Division of Mahindra Group announces ‘Get More Mileage or Give Truck Back’ guarantee for BS-VI Trucks ‘ scheme, know details Read More »

Highest 7,738 bookings for KIA Carens in first day: Know – What gives Hyundai Alcazar a tough competition? Kia Carens got 7,738 bookings in the first 24 hours, Know can it give tough competition to Hyundai Alcazar

Customers will have the option to buy models with 1,500 cc petrol, 1,400 cc petrol and 1,500 cc diesel engines. Auto company Kia India on Monday said that it has received 7,738 bookings for its upcoming model Carriage on the first day. The company had started the pre-bookings of the new model on January 14 …

Highest 7,738 bookings for KIA Carens in first day: Know – What gives Hyundai Alcazar a tough competition? Kia Carens got 7,738 bookings in the first 24 hours, Know can it give tough competition to Hyundai Alcazar Read More »

Corona: Here the poor kept dying amid the epidemic, while the wealth of the world’s 10 richest people doubled – Oxfam

It has been two years since the corona pandemic hit the world. At present, many countries of the world are facing third and fourth wave due to Omicron variant of Corona. The magnitude of the corona epidemic can be understood from the fact that 21,300 people died daily all over the world due to the …

Corona: Here the poor kept dying amid the epidemic, while the wealth of the world’s 10 richest people doubled – Oxfam Read More »

PV exports from India rise 46 pc in April-Dec and Maruti Suzuki leads segment Ahead

Due to this, we were able to export 1,69,922 vehicles (PV and LCV) during April-December 2021-22, which is the highest figure in a period of nine months, Bharti said. India’s passenger vehicle (PV) exports grew by 46 per cent in the first nine months of the current financial year 2021-22. Maruti Suzuki India (MSI) has …

PV exports from India rise 46 pc in April-Dec and Maruti Suzuki leads segment Ahead Read More »

Suggestion of creating a separate category of exemption under section 80C in Budget 2022 of life insurance companies separate category suggestion

However, it is usually available to those who have gone out of their regular source of income and look at ‘annuity’ as an alternative source of income. The life insurance industry has suggested to create a separate category for life insurance premium and make pension benefits tax-free in the interest of the insured, in the …

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PM Jeevan Jyoti Bima: Two lakh rupees cover is available for Rs 330, know who can take benefit of the scheme PM Jeevan Jyoti Bima: 2 lakh cover is available for Rs 330, know who can take benefit of the scheme

PM Jeevan Jyoti Bima Scheme in Hindi: Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is an affordable term insurance scheme. Under this, an insurance cover of Rs 2 lakh is available every year at a premium of only Rs 330. The claim amount is given to the next of kin or the nominee (nominee/member) in …

PM Jeevan Jyoti Bima: Two lakh rupees cover is available for Rs 330, know who can take benefit of the scheme PM Jeevan Jyoti Bima: 2 lakh cover is available for Rs 330, know who can take benefit of the scheme Read More »