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The Economic Times Nazara Technologies' two subsidiaries get Rs 1,120 crore GST demand notice

According to an exchange filing, the Director General of GST Intelligence in Kolkata issued show cause notices to Openplay Technologies and Halaplay Technologies on Tuesday, July 16. The proposed liabilities are Rs 845.72 crore for Openplay Technologies and Rs 274.21 crore for Halaplay Technologies.

The Economic Times Karnataka jobs reservation for Kannadigas: India Inc says move 'discriminatory', calls for it to be junked

The Karnataka cabinet approved a bill mandating 50% reservation for locals in management jobs and 75% in non-management jobs in the private sector, along with 100% reservation for locals in "C&D" grade government jobs. Industry leaders, including Mohandas Pai and Kiran Mazumdar-Shaw, criticized the bill as discriminatory and potentially harmful to the tech industry.

The Economic Times Budget 2024 proposals: Revamped PM Awas Yojana, affordable housing, increased income tax deduction for homebuyers

Budget 2024: Homebuyers and the real estate sector want significant growth-oriented measures from Finance Minister Nirmala Sitharaman in Budget 2024. Sitharaman will present the first full-year Budget on July 23, 2024. From revised schemes under PM Awas Yojana, enhanced tax breaks to reviving Credit-linked Subsidy Scheme (CLSS) for homebuyers, here are six measures that real estate experts and aam aadmi expect from Budget 2024.

The Economic Times The Future of Finance: Trends Shaping the Financial Services Industry

Akshay Jain, CFO of OLX India, explores the transformative power of fintech in revolutionizing financial services, driving accessibility, and shaping the future of finance in developing economies.

The Economic Times SpiceJet’s CFO Ashish Kumar resigns, Joyakesh Podder becomes Deputy CFO

SpiceJet announced that Ashish Kumar, its Chief Financial Officer, has resigned, and Joyakesh Podder has taken over as Head of Finance and Deputy CFO, effective July 15, 2024.

The Economic Times Zee Entertainment to raise $239 million through 10-year FCCB issue

Earlier in a filing, the company said the FCCBs would be issued to Resonance Opportunities Fund, St. John's Wood Fund Ltd. and Ebisu Global Opportunities, on terms and conditions mutually decided between the company and the 'proposed' investors.

The Economic Times Government reconstitutes NITI Aayog; no change in the top positions

On Tuesday, the reconstituted NITI Aayog was notified. Suman Bery remains vice-chairman with full-time members Saraswat, Chand, Paul, and Virmani. Ex-officio members are Singh, Shah, Chouhan, and Sitharaman. Special invitees include transport, health, industries, food processing, and MSMEs ministers. This follows the June formation of the new Modi government.

The Economic Times Union Budget 2024-25: Sitharaman participates in 'halwa' ceremony; marks final stage of Budget preparation

The ceremony was also attended by officers and staff who are involved in the budget preparation and compilation process.

The Economic Times Observing improved private consumption, IMF ups India's growth forecast to 7%

The International Monetary Fund has increased India's growth forecast to 7% due to rising rural consumption. Global economy is expected to grow at 3.2% this year, with China and India contributing significantly to global growth.

The Economic Times Budget 2024: Engineering sector seeks policies that will ease liquidity issues and encourage R&D

The engineering sector, a key contributor to the economy, is seeing export growth. To maintain this trajectory. It wants better access to credit and incentives to modernise technology and machinery.

The Economic Times Paytm issues clarification on administrative warning from SEBI

Paytm states consistent compliance and adherence to regulations on receiving administrative warning from SEBI on Monday and said that it will submit its response to the markets regulator.

The Economic Times SEBI makes amendments in REIT, InvIT rules

In two separate notifications, Sebi said the 'unit-based employee benefit scheme' would be in the nature of the employee unit option scheme.

The Economic Times Reimagining tax policy for petroleum industry

The importance of a comprehensive tax policy – one which lends a sustained momentum to this overarching governance objective – cannot be overemphasised. In particular, for a variety of reasons, petroleum requires a delicately calibrated tax policy.

The Economic Times Union Budget 2024: Industry leaders expect sustainability roadmap for India

"We are optimistic that the upcoming Union Budget will drive focus towards strengthening the energy efficiency of India’s building infrastructure, considering its potential to bring down the national carbon emissions disproportionately."

The Economic Times WhiteOak Capital Asset Management appoints Nitin Shah as Group CFO

Prior to joining WhiteOak Capital, Shah served as the Managing Director and Global Co-Chief Financial Officer of the engineering division at Goldman Sachs.