BUSINESS
BYJU's all set to raise $500-$700 mn led by top VC firm
The funding round, anticipated for quite some time amid the deepening funding winter, will not only help BYJU's pay off some of its existing debt but also consolidate and grow its business further, according to people privy to the development."The round is led by top VC firms and some existing investors in BYJU's are also keen to participate, which may take the funding round to its maximum," sources told IANS.
Dubai court rejects Sanjay Shah's appeal in tax fraud case; to extradite him
In doing so, it upheld the Dubai Court of Appeal's ruling last year to grant Denmark's request for his extradition. Chancellor Essam Issa Al Humaidan, Attorney General of Dubai, announced that Dubai Court of Cassation has rejected the appeal of Sanjay Shah , a British national wanted by Danish authorities , and Sanjay Shah can be.
32 brokers have been declared defaulters by NSE in last 5 years
Market regulator SEBI, along with the exchanges, conducts regular inspection of brokers based on certain criteria and takes action as per its regulations and bye-laws of the Exchanges, Minister of State for Finance, Pankaj Chaudhary told the Lok Sabha in a written reply.
Cogencis to offer premium Dow Jones global news to its workstation users
Cogencis WorkStation users will benefit from the addition of real-time streaming news from Dow Jones Institutional News Service, which includes content from Dow Jones' global newsroom to provide an instant snapshot of markets throughout the trading day.
CBIC says upgraded system in place for payments amid problems faced by taxpayers
"CBIC has noted difficulties being faced by members of the trade in making duty payments over the customs automated system. It maybe noted that an upgraded and modern system of payment is live since April 1, 2023," it said in a tweet. The board further informed that it's technical teams "are working overtime to fix some teething issues and the problems being temporarily noticed will be resolved at the earliest".
PM Modi congratulates Nita Ambani for the opening of NMACC in Mumbai
In a letter dated on March 29, the Prime Minister Narender Modi said, "It is heartening to learn about the opening of Nita Mukesh Ambani Cultural Centre in Mumbai. Heartiest congratulations and greetings to everyone associated with the Cultural Centre on the occasion.
Nagaland to host 3-day B20 conference of Northeast region from Tuesday
Officials said that 64 foreign delegates from 29 countries, including the UK and the USA, would participate in the event. The Nagaland government, along with the Confederation of Indian Industry (CII), would offer the delegates the opportunity to interact with the local industry and government officials for exploring potential investment opportunities, collaborations and tie-ups.
32 brokers have been declared defaulters by NSE in last 5 years
Market regulator SEBI, along with the exchanges, conducts regular inspection of brokers based on certain criteria and takes action as per its regulations and bye-laws of the Exchanges, Minister of State for Finance, Pankaj Chaudhary told the Lok Sabha in a written reply.
Vaccine tycoon Poonawala longing for 8 years to occupy his 'palatial' Mumbai home
As per certain media reports, Poonawala, 81, the Chairman of Serum Institute of India Ltd (SII) had bought the property from the US Government, which was running its Mumbai Consulate there till 2011. The US government had purchased it in 1957 on a 999-year lease from the last ruler of Wankaner, Maharana Raj Shri Pratapsinhji Saheb of the Jhala Dynasty.
Gross direct tax collections for 2022-23 rise 20% to Rs 19.68L cr
Direct tax collections (provisional) for 2022-23 have exceeded the revised estimates by 0.69 per cent. The budget estimates (BE) for direct tax revenue in the Union Budget for 2022-23 were fixed at Rs 14.20 lakh crore, which were revised to Rs 16.50 lakh crore. The provisional direct tax collections (net of the refunds) have exceeded the budget estimates by 16.97 per cent and revised estimates by 0.69 per cent.
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