NEW DELHI: The Competition Commission of India (CCI) on Friday cleared billionaire Kumar Mangalam Birla-promoted UltraTech Cement’s proposal to acquire a majority stake in India Cements. “The proposed combination envisages UltraTech Cement Ltd’s (UltraTech/acquirer) acquisition of 32.72 per cent of the paid-up equity share capital of India Cements Ltd (India Cements/target) from the promoters and…
If one fails to submit a belated return by December 31, 2024, specific consequences apply. ITR filing deadline: December 31, 2024, marks the final deadline for submitting belated and revised income tax returns for FY 2023-24 (AY 2024-25). Whilst various taxpayer categories have distinct ITR filing deadlines, the final date for belated and revised returns…
Government borrowing fell in the year to November as more money was raised from taxes and less was spent on the country’s debt interest payments, according to official figures. Borrowing – the difference between spending and tax take – was £11.2bn last month, £3.4bn lower than the same month last year and the lowest November…
BBC Nikki MacLeod believed she was sending money to a woman she was in an online relationship with A victim of an elaborate online romance fraud has told BBC Scotland that she was completely convinced by deepfake videos used to scam her out of £17,000. Nikki MacLeod, 77, sent gift cards and made bank and…
KUALA LUMPUR: Malaysia’s inflation rate for November 2024 has decreased to 1.8 per cent, down from 1.9 per cent in October this year, the first decline since August 2021, according to the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin attributed the decline to inflation in the main group of…
Oli Scarff/Getty Images The north west of England had the highest rate of cancelled railway stops across Britain Manchester Victoria has been the worst of Britain’s busiest railway stations for cancellations so far this year. About one in 10 of 10,506 scheduled stops were cancelled between January and November 2024, according to National Rail figures…
A total of $2.2bn (£1.76bn) in cryptocurrencies has been stolen this year, with North Korean hackers accounting for more than half that figure, according to a new study. Research firm Chainalysis says hackers affiliated with the reclusive state stole $1.3bn of digital currencies – more than double last year’s haul. Some of the thefts appear…
India has become one of the world’s leading markets for deals such as initial public offerings, smashing its record for money raised this year as investors snap up opportunities.Vishal Mega Mart Ltd.’s trading debut Wednesday underscored this insatiable appetite for IPOs — shares of the retailer surged more than 40%. The feeding frenzy is set…
Markets remain under pressure following Fed’s strict commentary. Support exists at 23,850, with resistance at 24,200, according to Rupak De of LKP Securities. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, plunged in trade for the fifth consecutive day on Friday. While BSE Sensex was just above 79,000, Nifty50…
A union representing more than 11,000 Starbucks baristas in the US says its members will hold a five-day strike starting Friday morning, in a dispute over pay and working conditions. Workers United says the walkouts will happen in Los Angeles, Chicago, and Seattle, with strike action set to spread each day and reach hundreds of…
