TCS on overseas credit card spends likely in the next Budget

TCS on overseas credit card spends likely in the next Budget

The centre is in discussions to bring overseas credit card spends above Rs 7 Lakh under the Liberalized Remittance Scheme (LRS), on which a 20% tax could be implemented in the upcoming Union Budget, as per sources in the Ministry of Finance. The rollout of the announcement is expected to happen in Union Budget FY25 … Read more

BMTC gets first set of non-AC electric buses from Tata Motors

BMTC gets first set of non-AC electric buses from Tata Motors

Tata Motors had won an order of 921 electric buses from BMTC in August 2022. | Photo Credit: File photo The Bengaluru Metropolitan Transport Corporation (BMTC) has received the first set of non-AC electric buses from Tata Motors, a commercial vehicle manufacturer, which are likely to be operational soon. “The BMTC received a few buses … Read more

Morning Digest | 10 civilians dead, 22 army men still missing in Sikkim, rescue operations on; Media bodies write to CJI, call for norms on interrogation of journalists and more

Morning Digest | 10 civilians dead, 22 army men still missing in Sikkim, rescue operations on; Media bodies write to CJI, call for norms on interrogation of journalists and more

A flood affected locality at Singtam, in Gangtok district, Wednesday, October. 4, 2023. | Photo Credit: PTI 10 dead, 22 army men among 82 missing as flash flood wreaks havoc in Sikkim; PM Modi dials CM At least ten people died and 80 others, including 22 army personnel, went missing on Wednesday after a cloudburst … Read more

Tata Capital may launch IPO in 2025, seek Jio Financial-like valuation: Report

Tata Capital may launch IPO in 2025, seek Jio Financial-like valuation: Report

Tata Group’s Tata Capital Ltd is restructuring its operations and expanding its board as part of the Group’s plan to take the non-bank lender public, according to the report. “The Tata group is targeting an IPO for Tata Capital in 2025. The board has been expanded, and mergers of some of the group firms under … Read more

Tata offering discounts across powertrains

Tata offering discounts across powertrains

Tata Motors is offering discounts and benefits across its petrol, diesel and CNG powertrains — on the Tiago, Tigor, Altroz, Harrier and Safari — for June. Tata Tiago The Tiago hatchback is available in multiple powertrains and takes on the likes of the Maruti Suzuki Swift, Maruti Suzuki Ignis and the Hyundai Grand i10 Nios. … Read more

Urinating incident | Air India’s response should have been much swifter: Tata Sons chairman

Urinating incident | Air India’s response should have been much swifter: Tata Sons chairman

“We fell short of addressing this situation the way it should have been,” Tata Sons chairman N. Chandrasekaran said in a statement, on January 8, 2023. File  | Photo Credit: The Hindu photo library Tata Sons chairman N. Chandrasekaran on January 8 said the urinating incident on November 26 aboard an Air India flight from … Read more

IIT-Roorkee develops ‘cancer detector’ and transfers its technology to Tata Steel – ET HealthWorld

IIT-Roorkee develops ‘cancer detector’ and transfers its technology to Tata Steel – ET HealthWorld

Roorkee: A team of researchers at IIT-Roorkee have developed an easy-to-use breath-based cancer detector (BLO). Used for early detection of cancer, it will work on the principles of colorimetry. This device will be able to detect the presence of breast, lung and oral cancer, according to the researchers. The researchers — Indranil Lahiri, Partha Roy … Read more

Government Passes Investments Worth Rs. 86,824 Crore for Electronics

Government Passes Investments Worth Rs. 86,824 Crore for Electronics

The Indian government’s electronics and IT ministry has approved a total of 314 applications with proposed investments of Rs. 86,824 crore under a modified special incentive package scheme till May 31, an official note said. The proposals that were approved in May included an investment of Rs. 596 crore from Bosch Automotive Electronics Private Limited, … Read more

Neither Tata nor Adani, latest multibagger is a long-forgotten Birla stock

Neither Tata nor Adani, latest multibagger is a long-forgotten Birla stock

A long-forgotten auto stock from the stable of CK Birla Group is not only defying the ongoing selloff on Dalal Street but has also turned multibagger. The stock of Hindustan Motors, famous for the iconic Ambassador car, has rallied 125 per cent in just 3 weeks when the Sensex lost nearly 3 per cent. Since … Read more