[ad_1] In a reflection of the growing demand for skilled engineers in the tech industry, India has seen an increase in the number of undergraduate engineering students securing internships with monthly stipends of Rs 1 lakh or more from biggies like Amazon, Google, Intuit India, Microsoft, Palo Alto and Goldman Sachs. These internships, which can…
[ad_1] AHMEDABAD: Adani Ports and Special Economic Zone (APSEZ), the ports and logistics arm of Gautam Adani-owned Adani Group on Tuesday announced it has acquired a controlling 95% stake in Odisha-based Gopalpur Port. APSEZ has agreed to acquire the stake for an equity value of Rs 1,349 crore and an enterprise value of Rs 3,080…
[ad_1] Nikhil Kamath, co-founder of Zerodha, has called the nature of wealth in Bengaluru, suggesting that much of it may be superficial rather than tangible. He pointed out that individuals in the city often accumulate wealth through stock options and similar paper assets, particularly those employed in the tech sector.“…it’s not real money. If my…
[ad_1] Bank holidays April 2024: Banks across the country are gearing up for a series of holidays in April 2024, marking the start of the new financial year. The Reserve Bank of India (RBI) has issued its annual list of holidays, and both public and private sector banks will be closed for about 14 days…
[ad_1] Financial year 2024-25: April marks the beginning of the new financial year 2024-25, bringing along several money-related changes that could affect your spending and investment habits. As reported by ET, here are five of these important financial changes set to take effect in April 2024. New NPS rule: Enhanced security measures The Pension Fund…
[ad_1] NEW DELHI: SpiceJet on Tuesday claimed to have achieved “the biggest breakthrough” in its ongoing financial restructuring efforts by reaches “a settlement with Export Development Canada (EDC) to resolve $91 million (Rs 755 crore) liabilities.” This, the airline says, will led to savings of $68.3 million (Rs 567 crore) for and allow it to…
[ad_1] MUMBAI: In a recent ruling, the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad bench, classified aircraft charter as an air transport of passenger service, rather than a supply of tangible goods service.CESTAT’s decision was based on several factors, including the registration of the taxpayer with the Directorate General of Civil Aviation (DGCA)…
[ad_1] New Delhi: This could be heartening news for women executives aspiring to reach the top as also for the diversity efforts being made by India Inc. The number of women hired in C-suite roles has moved up. Now around 16% of all women hires are CXOs, and 8% are CEOs or MDs, a survey…
[ad_1] New Delhi: The Indian auto industry is gearing up to roll out an array of electric vehicle models over the next few years amid a renewed push by govt to encourage environment-friendly mobility solutions with the unveiling of a new policy.Mass market players like Maruti Suzuki, Hyundai, Mahindra & Mahindra and Tata Motors are…
[ad_1] NEW DELHI: Transformers maker Shirdi Sai Electricals Ltd (SSEL) looks to start operations at its new Rs 300 crore unit in Andhra Pradesh by the September quarter, its CMD N Visweswara Reddy said. SSEL is setting up a facility to manufacture conductors in the YSR District of Andhra Pradesh at an investment cost of…