Anant Ambani will take salary up to ?20 crores per annum: Tata Steel gets tax notice of ?1,007 crores; Aadhaar mandatory for PAN from July 1
Posted inBusiness

Anant Ambani will take salary up to ?20 crores per annum: Tata Steel gets tax notice of ?1,007 crores; Aadhaar mandatory for PAN from July 1

Yesterday's big news was related to Anant Ambani. Reliance Industries' new executive director Anant Ambani will get a salary of 10 to 20 crores every year. According to a PTI report, along with salary, he will also get commission in the company's profits and many other facilities. On the other hand, the first trading day of this week in the…
Today is the last day of Indo Gulf Crop Sciences IPO: Minimum ?14,985 will have to be invested, shares will be listed on July 3; The company manufactures agrochemicals
Posted inBusiness

Today is the last day of Indo Gulf Crop Sciences IPO: Minimum ?14,985 will have to be invested, shares will be listed on July 3; The company manufactures agrochemicals

Today i.e. 30th June is the last day of Indo Gulf Crop Sciences IPO. In two days, this IPO has been subscribed only 98%. This IPO has been subscribed 158% in the retail category and 86% in the non-institutional investors (NII) category. The company's shares will be listed on BSE and NSE on 3 July. Through this issue, the company…
Manipal Payments and Identity Solutions files DRHP: Plans to raise ?1200 crore from IPO, valuation expected to be ?12,000 crore
Posted inBusiness

Manipal Payments and Identity Solutions files DRHP: Plans to raise ?1200 crore from IPO, valuation expected to be ?12,000 crore

Manipal Payments and Identity Solutions Limited (MPISL) has recently filed a draft red herring prospectus (DRHP) for its initial public offering i.e. IPO. This company is the largest manufacturer of payment and identity cards in India. According to sources, the company is planning to raise about Rs 1200 crore through this IPO. After this IPO, the valuation of the company…
Karnataka Bank CEO and Executive Director resign: Shares fell by nearly 6%; In May, bank auditors had raised questions on some expenses
Posted inBusiness

Karnataka Bank CEO and Executive Director resign: Shares fell by nearly 6%; In May, bank auditors had raised questions on some expenses

After the resignation of the CEO and Executive Director of Karnataka Bank, today i.e. on June 30, the bank's stock fell by about 6%. It closed at Rs 196. The news of the resignation of the bank's Managing Director and CEO Srikrishnan Harihar Sharma and Executive Director Shekhar Rao came out late on Sunday night. Srikrishnan Hari Har Sharma Srikrishnan…
Gold and silver prices rise today: Gold rises by ? 102 to reach ? 95,886, silver is being sold for ? 1.06 lakh per kg
Posted inBusiness

Gold and silver prices rise today: Gold rises by ? 102 to reach ? 95,886, silver is being sold for ? 1.06 lakh per kg

Gold and silver prices increased today i.e. on 30 June. According to India Bullion and Jewelers Association (IBJA), the price of 24 carat gold has increased by ? 102 to ? 95,886 per 10 grams. Earlier its price was ? 95,784. At the same time, the price of silver has increased by ? 317 to ? 1,05,510 per kilogram. Earlier…
Protest against PM Shinawatra in Thailand: Had criticized army general over phone call with Cambodian leader
Posted inInternational

Protest against PM Shinawatra in Thailand: Had criticized army general over phone call with Cambodian leader

Thousands of people protested in Thailand's capital Bangkok on Saturday demanding the resignation of Prime Minister Paitongtarn Shinawatra. This protest took place amid a border dispute with Cambodia. In May, there was a clash between Thailand and Cambodia over a disputed border area. After this, Paitongtarn spoke to Cambodia's former PM Hun Sen on the phone. In this conversation, Shinawatra…
Trump said- Musk is smart, but his anger is wrong: Tesla CEO had called the US tax bill disastrous; Trump has resigned from the administration
Posted inInternational

Trump said- Musk is smart, but his anger is wrong: Tesla CEO had called the US tax bill disastrous; Trump has resigned from the administration

Amid the confrontation over America's much-discussed tax bill, President Donald Trump described Tesla CEO Elon Musk as a smart person. Trump said in an interview on Fox News on Sunday, 'Musk is a great person, but he got a little angry, which was not right.' Trump said, I have not talked to him much, but he is a smart person.…
World Updates: Heatwave in European countries, temperature reached 46 degrees in Spain; heat in June broke 60 years’ record
Posted inInternational

World Updates: Heatwave in European countries, temperature reached 46 degrees in Spain; heat in June broke 60 years’ record

Many countries in Europe are in the grip of severe heatwave. Spain is the hottest, where temperatures have crossed 40 degrees Celsius in most areas. According to Spain's state meteorological agency AEMET, the city of El Granado recorded 46 degrees Celsius on Saturday. According to AEMET, the heat in Spain during June has broken a 60-year record. Earlier, 45.2 degrees…