Page 41 - Bs Web Reports

NRI bank accounts: Who can use NRE, NRO and FCNR(B) options in India?

NRIs, PIOs and eligible OCIs can open NRO, NRE and FCNR(B) accounts, but each serves a different purpose and has distinct rules

Japan to cut visa fees to 10,000 yen for foreigners in financial hardship

Country will raise residence-related charges sharply from Oct 1, while refugees, asylum seekers and other eligible applicants may qualify for reduced fees

ChatGPT ads roll out in India: Who will see them and how will they work?

OpenAI will start showing ads to users aged 18 and above on ChatGPT's Free and Go plans in India

Tata Power to appeal $490mn Kleros award after Singapore court setback

Tata Power plans to challenge a $490.32 million Kleros arbitration award before Singapore's Court of Appeal after its earlier legal bid was dismissed

Kasol forest land used to store, segregate garbage in July 2024: Report

The garbage was temporarily stored there for segregation by the waste-management contractor after transportation to a solid waste management plant was disrupted

NCLT clears Subhash Chandra's ₹6.5 cr payout against ₹22,006 cr claims

NCLT has approved Subhash Chandra's ₹6.5 crore repayment plan against ₹22,006.57 crore claims; the plan was backed by creditors holding 80.81 per cent of the voting share

IMD forecasts widespread rain, thunderstorms across India till September 1

IMD forecasts widespread rainfall across several states till September 1, with heavy rain likely in parts of Delhi, Uttar Pradesh, Madhya Pradesh, Odisha and the Northeast

M&A emerges as core growth strategy for India Inc as deals double: Crisil

Crisil said India Inc is increasingly turning to M&As for faster growth, with annual deal volumes more than doubling since FY17 as leverage and capex intensity decline

India's monsoon rainfall 13% below normal; 14 states record deficits

India's monsoon deficit has spread across 14 states and hundreds of districts, even as some parts of the country continue to receive excess rainfall

India's merchant fleet to get 100 ships, but ageing fleet remains a hurdle

The move comes at a time when nearly half of India's registered vessels are more than 20 years old

PM Surya Ghar: Why govt is tightening tracking of solar generation data

The government has long required generation data from rooftop solar systems. A new MNRE order now tightens inverter-level reporting, requiring daily output data to be shared with the National Portal

Deloitte to pay $21.5 mn to settle US workplace discrimination claims

Deloitte to pay $21.5 million to settle US government's allegations of race- and sex-based discrimination in hiring, promotions, staffing and employee programmes

70% IRCTC users report forced action, survey flags six dark patterns

LocalCircles mapped consumer experiences against the CCPA's dark pattern guidelines and found six categories on the railway ticketing platform

India to phase out SCADA imports by 2030, CEA shares indigenisation plan

As cyber and supply-chain risks grow, India is accelerating efforts to build domestic SCADA technology for its increasingly digitised power network

Trump's Operation Economic Outcast: How could Iran sanctions impact India?

Donald Trump's Operation Economic Outcast could hit India through higher oil prices, trade disruptions, payment hurdles and possible US action over New Delhi's purchases of Russian energy

Wipro adds AI agent to personalise skilling for over 240,000 associates

Wipro has added an AI agent to its skilling platform for over 240,000 associates, with personalised course recommendations based on roles, skills and past learning

Reliance Jio gets tax relief as ITAT deletes ₹11,003 cr disallowance

The dispute centred on ₹11,003 crore in expenses that Jio had capitalised in its books in AY 2019-20 but claimed as revenue expenditure while calculating its taxable income.

First for India's metro: DMRC gets ISO certification for asset management

The ISO 55001:2024 certification recognises DMRC's shift to strategic, risk-based and lifecycle-focused asset management for Mumbai Metro Line-3

Adani Energy Solutions wins ₹4,700 cr transmission project in Maharashtra

The project will evacuate renewable power from Karnataka to Maharashtra and support pumped storage projects in Satara, Pune and MMR

'We made a chip and it is fast': OpenAI's Jalapeno shows big gains in speed

OpenAI says its first custom inference chip can deliver more AI work per watt while reducing response times, as it moves towards deploying its own silicon alongside Nvidia and other accelerators