Page 34 - Top 10 Headlines
With $208 bn in fortunes, Mukesh Ambani, and Gautam Adani start to face off
Ambani's Reliance Jio Infocomm Ltd. is the top player in India's mobile market, while the Adani Group doesn't even have a license to offer wireless telecommunications services
 "With $208 bn in fortunes, Mukesh Ambani, and Gautam Adani start to face off")
Oil prices fall as China slowdown spurs concern over demand outlook
Weekend data indicated a surprise contraction in Chinese factory activity, highlighting the cost of Beijing's preference for mobility curbs to tackle Covid-19
 "Oil prices fall as China slowdown spurs concern over demand outlook")
Income tax return: Missed ITR 2021-22 deadline? Here's what to do next
On the last day, July 31, over 6.5 million ITR were filed by 11 PM, according to the Income Tax Department
 "Income tax return: Missed ITR 2021-22 deadline? Here's what to do next")
Top Headlines: RBI to push rates by 30-50 bps, task force for monkeypox
The Reserve Bank of India's MPC is likely to announce a repo rate hike of 35-50 basis points in its policy statement on August 5, a Business Standard poll showed
 "Top Headlines: RBI to push rates by 30-50 bps, task force for monkeypox")
Taxpayers fear notices due to AIS discrepancies; CBDT says unfounded
The deadline for filing income-tax returns (ITRs) for the assessment year 2022-23 ended on Sunday
 "Taxpayers fear notices due to AIS discrepancies; CBDT says unfounded")
We continue to increase our reach and access in India, say Sun Pharma execs
Senior Sun Pharma executives speak on a two-pronged strategy for the China market, beginning R&D of biosimilar products, and more
 "We continue to increase our reach and access in India, say Sun Pharma execs")
Startup style: the smart way of dressing up is to rent your clothes
Lease designer and premium brands from companies that offer attire you can return after wearing for a while
 "Startup style: the smart way of dressing up is to rent your clothes")
Jaishankar, Muttaqi likely to hold bilateral meet at Tashkent SCO summit
In the meeting at the SCO summit, which will be the first face-to-face interaction between the two leaders, issues like humanitarian aid to Afghans are likely to be discussed
 "Jaishankar, Muttaqi likely to hold bilateral meet at Tashkent SCO summit")
Top Headlines: Macy expenditure cut to hurt Indian IT cos, 5G auction Day 4
Macy's has informed its tech vendors of a 10-15 per cent cut in the IT budget for this year amid fears of a recession, a move that may hurt IT companies. Read more on this in our top headlines
 "Top Headlines: Macy expenditure cut to hurt Indian IT cos, 5G auction Day 4")
First global gold exchange in India aims to create regional bullion hub
The India International Bullion Exchange is expected to attract dealers, refineries and foreign banks, Chief Executive Officer Ashok Gautam said
 "First global gold exchange in India aims to create regional bullion hub")
At Rs 123 cr, HCL's Vijayakumar is the highest paid CEO in Indian IT sector
HCL Tech, in its annual report, said that it provided a remuneration of Rs 123 crore to its chief executive officer (CEO) C. Vijaykumar last year, making him the highest-paid Indian CEO right now
 "At Rs 123 cr, HCL's Vijayakumar is the highest paid CEO in Indian IT sector")
ITR 2021-22: What do you lose if you file a belated income tax return?
Under section 234F of the Income Tax Act, 1961, the taxpayer is required to pay a penalty of Rs 5,000 for delaying the ITR and filing a belated ITR
 "ITR 2021-22: What do you lose if you file a belated income tax return?")
Kim Jong Un says he is ready to fight with US, 'eliminate' South Korea
Kim has been stepping up his provocations this year while US attention has been diverted toward Russia's invasion of Ukraine by firing off a record number of ballistic missiles
 "Kim Jong Un says he is ready to fight with US, 'eliminate' South Korea")
TCS to digitise HR operations for Marks & Spencer in multi-year deal
TCS, as a strategic partner for more than a decade, migrated 27 million records of M&S employees working across 1,450 locations in the UK
 "TCS to digitise HR operations for Marks & Spencer in multi-year deal")
Institutional investors pushing back more on top executive pay hikes
Rejection of resolutions on remunerations rises; investors becoming more discerning, say experts
 "Institutional investors pushing back more on top executive pay hikes")
After Russian withdrawal, what next for International Space Station?
The International Space Station was a symbol of post-Cold War peace and cooperation, and the Russian announcement of withdrawal after 2024 signifies the reversal of that cooperation
 "After Russian withdrawal, what next for International Space Station?")
State Bank of India changes ATM withdrawal rules; Check new guidelines here
In a bid to protect the customers against ATM frauds, a withdrawal of or more than Rs 10,000 from the SBI account will now be possible only on entering the OTP in the ATM
 "State Bank of India changes ATM withdrawal rules; Check new guidelines here")
South Indian Bank net profit up 10-fold in Q1, asset quality improves
In Q1, South Indian Bank's gross advances saw a growth of 10.95 per cent compared to the same period last financial year
 "South Indian Bank net profit up 10-fold in Q1, asset quality improves")
Equity management firm Qapita acquires ESOP Direct in all cash-deal
Pune-based ESOP Direct provides solutions in equity compensation
 "Equity management firm Qapita acquires ESOP Direct in all cash-deal")
Scientists find deadly pool in Red Sea that kills anyone who swims into it
The scientists discovered the brine pool 1.7 kilometers beneath the surface of the Red Sea
 "Scientists find deadly pool in Red Sea that kills anyone who swims into it")