BS Web Team
 "BS Web Team")
BS Web Team
News reports and updates by the online desk of Business Standard
News reports and updates by the online desk of Business Standard
Page 397 - Bs Web Team/1000
RBI Governor Shaktikanta Das named 'Governor of the Year' in London
The organisers of the award said that Das' tenure which began in 2018, has been marked by a series of grave challenges, starting with the collapse of a major non-banking firm
 "RBI Governor Shaktikanta Das named 'Governor of the Year' in London")
The Chinese govt wants the youth to marry, but they don't see the point
There was a downfall of 800,000 in the number of weddings in 2022 when compared with 2021
 "The Chinese govt wants the youth to marry, but they don't see the point")
Fuel retailers setting up convenience stores, cafes to attract footfall
Convenience retail is being driven by infrastructure development and a rise in the number of highways and expressways, executives said
 "Fuel retailers setting up convenience stores, cafes to attract footfall")
Microsoft rushed Bing AI co-pilot despite warnings from OpenAI: Report
A news report in the Wall Street Journal alleges tensions between the two companies with regard to features developed based on AI
 "Microsoft rushed Bing AI co-pilot despite warnings from OpenAI: Report")
Only 1-1.25% of Indian IT employees are above 50, more than 50% below 30
Only 1.1% of TCS employees are aged above 50 years. On the other hand, 52.69% of the company's employees are below the age of 30
 "Only 1-1.25% of Indian IT employees are above 50, more than 50% below 30")
More HUL managers become crorepatis this year, no salary jump for CEO
Approximately 205 managers at HUL received an annual income surpassing Rs 1 crore, compared to 153 managers in the previous financial year
 "More HUL managers become crorepatis this year, no salary jump for CEO")
Jio Cinema wins digital rights for India's tour of West Indies 2023
Cricket West Indies (CWI) on Tuesday announced the match schedule and venues for the multi-format series to be held in July and August this year
 "Jio Cinema wins digital rights for India's tour of West Indies 2023")
Will Cyclone Biparjoy impact states other than Gujarat? See full list here
Cyclone Biparjoy: Heavy rainfall warnings are in place over the northern Gujarat region, where the total rainfall may reach 10 inches, increasing the risk of landslides and flash flooding
 "Will Cyclone Biparjoy impact states other than Gujarat? See full list here")
Emirates flying premium economy to India on A380: What it means for flyers
The launch on these popular routes is timed to coincide with the upcoming Diwali season.
 "Emirates flying premium economy to India on A380: What it means for flyers")
Ten Sports sale to Sony: I-T dept to appeal ITAT's capital gains tax ruling
The Income Tax Appellate Tribunal (ITAT) had claimed that the IT's contribution to play-out facilities was an afterthought
 "Ten Sports sale to Sony: I-T dept to appeal ITAT's capital gains tax ruling")
Cabinet to approve Rs 25,000 cr scheme for semiconductor manufacturing
In May, Finance Minister Nirmala Sitharaman said that the Centre is prioritising attracting more investments in India by expanding the production-linked incentive schemes to include semiconductors and
 "Cabinet to approve Rs 25,000 cr scheme for semiconductor manufacturing")
Learning company Pearson appoints Vinay Kumar Swamy as India head
Swamy will lead Pearson India's digital transformation as it aims to become a 'digital-first online learning, skilling, and assessment company'
 "Learning company Pearson appoints Vinay Kumar Swamy as India head")
Vedanta may successfully handle its debt in the next 12 months: Report
CreditSights report states that the current methods of refinancing and other potential strategies may help Vedanta "successfully" service its debt maturities
 "Vedanta may successfully handle its debt in the next 12 months: Report")
Nine dead, several injured as fresh violence erupts in Manipur on Tuesday
A group of armed assailants descended upon Agijang village and triggered a gunfight; curfew to be in effect from 5 am to 9 am
 "Nine dead, several injured as fresh violence erupts in Manipur on Tuesday")
May WPI inflation cools down further to -3.48%, lowest since November 2015
This is the second month in a row when wholesale inflation in India has been in the negative territory
 "May WPI inflation cools down further to -3.48%, lowest since November 2015")
Cloud conglomerate Cisco likely to pick Flex as manufacturing partner
The manufacturing process will begin in Flex India's manufacturing unit, which is located in Chennai's Oragadam Special Economic Zone (SEZ)
 "Cloud conglomerate Cisco likely to pick Flex as manufacturing partner")
Google's June Feature Drop for Pixel phones: Know what is new in update
Google has started rolling out June Feature Drop software update for select Pixel smartphones that brings several new features besides bug fixes. Here are the details
 "Google's June Feature Drop for Pixel phones: Know what is new in update")
GST evasion of Rs 30,000 crore using stolen IDs across 16 states uncovered
The beneficiaries of several government schemes, including PM Kisan, were using the stolen identities to operate 4,000 shell companies and 16,000 fake GST registrations
 "GST evasion of Rs 30,000 crore using stolen IDs across 16 states uncovered")
Aadhaar card can be updated till June 14 free of cost; check details here
Citizens can upload proof of identity and proof of address documents online to update Aadhaar cards
 "Aadhaar card can be updated till June 14 free of cost; check details here")
State-owned BSNL behind private telecom firms in rural, urban markets
In March 2020, BSNL had a rural market share of over 7% with a subscriber base of 37 million; Jio and Airtel had a market share of nearly 34% each during the same period
 "State-owned BSNL behind private telecom firms in rural, urban markets")
