The foreign exchange Industry has expressed serious concerns about the applicability of 20% Tax Collection at Source (TCS) under the Liberalized Remittance Scheme (LRS) effective from July 1, 2023. On 19th May, 2023, Ministry of Finance clarified that transactions conducted overseas using debit and credit cards would be exempted from TCS up to a small...
Category: Articles
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Axita Cotton Announced Share Buyback at Rs. 56 and Achieves Strong Financial Performance
Axita Cotton, one of Indias leading raw cotton manufacturers and exporters, experienced a significant boost in its stock price during the recent trading session. This surge was driven by the news that the company is considering a buyback of equity shares. As a result, the stock rallied by 5%, hitting the upper circuit limit. Axita...
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Calculate your FD Returns through Bajaj Finance FD Calculator
A fixed deposit is a safe choice when it comes to investing one’s savings. This financial tool has been a preferred choice for many investors for quite some time now. Given the recent repo rate changes and economic situation, countrywide the interest rates have seen successive hikes in the last year making it a great...
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India’s Ultra-High-Net-Worth Individuals to Surge by 58.4%, Boost Luxury Real Estate
In a recent report by Knight Frank, a renowned global real estate consultancy firm, it has been projected that the number of Indias ultra-high-net-worth individuals (UHNWIs) with a net worth over $30 million will experience a significant rise of 58.4% over the next five years. This surge in wealthy individuals presents a promising opportunity for...
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Rashi Peripherals Wins Outstanding Growth Distributor for Data Center and AI Group Award from Intel Corporation
Rashi Peripherals Limited (“Rashi Peripherals“), one of the leading value-added national distribution partners for global technology brands in India for ICT products in terms of revenues and distribution network in Fiscal 2022, announced today that Intel Corporation has recognized the organization with an Intel Partner Award in the category of Outstanding Growth – Distributor for...
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TOI’s “Saving Our Stripes” Campaign Aims to Raise Awareness of Big Cat Conservation
The Times of India, the countrys largest English newspaper, today launched the “Saving Our Stripes” campaign to raise awareness about the importance of tiger conservation. The campaign commemorates the 50th anniversary of Project Tiger, a centrally-sponsored scheme that started in 1973 and aims to ensure the survival and maintenance of the tiger population in specially...
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Ibroad7 Restructures Under Umbrella Entity REACH INDIA, with Focus on Audio, Digital and Local
iBroad7 (www.ibroad7.com), the country’s largest agency in the audio market with proven capabilities across multiple media including print, outdoor, and television, is now expanding and scaling up rapidly with focus on the new economy, along with a sharp focus on localisation of campaigns and content. The company is expanding, both vertically and horizontally, under a...
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Premier Energies India Certified as ‘Top Performer’ Among Global PV Manufacturers by PVEL
Premier Energies Limited, India’s 2nd largest integrated Solar cell and Module manufacturer has been recognised as ‘Top performer‘ among global PV manufacturers in PVEL’s 2023 PV module reliability score card. Premier Energies, backed by global environment fund GEF Capital (based in Washington DC), has offices in India and Toronto and offers reliable, high performance Solar...
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Pristyn Care Forays into Hair Transplant Surgeries in India
Pristyn Care, Indias leading healthcare services provider, today announced the expansion of its aesthetic surgery offerings to include hair transplant procedures. With a strong commitment towards excellence in healthcare, Pristyn Care aims to bring exceptional hair transplant solutions to individuals seeking effective hair restoration. As of now, Pristyn Care is providing hair transplant, beard transplant...
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Dadasaheb Phalke Film Foundation Awards (DPFFA) 2023 concludes successfully in Mumbai
Celebrating Indian cinema and its journey backed by a rich legacy, Mumbai witnessed a spectacular evening with the 25 glorious years of Dadasaheb Phalke Film Foundation Awards 2023 organised by Ashfaque Khopekar and Babubhai Thiba. The occasion marked presence of Awardees from Hindi film industry, OTT, Hindi TV world along with recognition conferred upon to...