Monday, 4 November 2024

4 November 2024 News and Updates

4th November 2K24

๐Ÿ“ Reliance Consumer targets chips, biscuits market with higher trade margins
๐Ÿ“ 41% workers on contract in formal manufacturing sector in FY23: ASI data
๐Ÿ“ India's EV market sees festive season boost, reversing recent slump
๐Ÿ“ Banks, FIMMDA discuss MIBOR replacement with collateralised rate framework
๐Ÿ“ 18 companies in Nifty-50 miss estimates in September quarter, shows data
๐Ÿ“ India boosts global share in petroleum, gemstone, sugar exports over 5 yrs
๐Ÿ“ Opec+ agrees to delay planned December output increase for one month
๐Ÿ“ Punjab paddy procurement crosses 8.5 MT, Centre says ops in full swing
๐Ÿ“ Anarock FY25 revenue may rise 40% on strong housing demand: Chairman Puri
๐Ÿ“ Construction of 12 river bridges completed for Gujarat bullet train project
๐Ÿ“ GX group aims for 60% reusable materials in products within two years: CEO
๐Ÿ“ Sebi proposes interest rate derivatives for hedging by REITs and InvITs
๐Ÿ“ India's progress on fossil fuel subsidy reform noteworthy, says ADB
๐Ÿ“ Coal India hopes to rejoin dividend list as ECL improves performance
๐Ÿ“ Ujjivan Small Finance Bank to apply for universal licence this fiscal: MD Sanjeev Nautiyal
๐Ÿ“ VW cost cutting necessary after 'decades of structural problems', CEO tells paper
๐Ÿ“ Govt infuses Rs 1,650 cr in RINL to keep it as a going concern
๐Ÿ“ Karur Vysya Bank strengthens retail footprint in Tamil Nadu and Karnataka
๐Ÿ“ Canara Bank aims Rs 6,000 cr recovery in H2 FY25
๐Ÿ“ Apollo Hospitals announces Rs 1,625 crore expansion in Mumbai and Lucknow
๐Ÿ“ Iron ore output up 5.5% at 135 MT in 1st half of FY25
๐Ÿ“ Suven, Cohance aim to double combined business revenue to Rs 6,000 cr by FY29
๐Ÿ“ Federal Bank acquires five floors office space in Mumbai’s Wadala from Varde Partners
๐Ÿ“ Telangana govt to come up with new energy policy soon, says Deputy Chief Minister
๐Ÿ“ Netflix India sees double-digit growth in revenue, profit for FY24
๐Ÿ“ FMCG firms caution price hike as input costs and food inflation rise
๐Ÿ“ US Fed set to cut rates for second time as it faces hazy post-election outlook
๐Ÿ“ DLF to develop ultra-luxury housing project worth ₹8,000 crore in Gurugram 
๐Ÿ“ ONGC fails to get partner for Deen Dayal gas field for third time
๐Ÿ“ India may extend bid deadline for coal gasification scheme
๐Ÿ“ Maruti Suzuki expects festive momentum, wedding season to carry November sales
๐Ÿ“ India commits to protect 30% land, marine area to eliminate biodiversity loss
๐Ÿ“ Nvidia to replace Intel in Dow Jones Industrial Average
๐Ÿ“ FPIs dump ₹94,017 crore in Indian equities; outflow hit record-high in October
๐Ÿ“ Sundar Pichai shows confidence in firm's legal position on antitrust rulings
๐Ÿ“ China’s EV makers set sights on Latin America in global expansion
๐Ÿ“ Amazon India sees festive surge in luxury sales: Apple tablet sales up 10x

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✅ Income tax Case Law
Reopening of assessment u/s 147 - Gujrat High Court Set aside & quashed notice u/s 148, where case was re-opened on the ground wherein no addition was made on the issue of tax deducted at source and cash deposits
Mehsana Urban Co-op Bank Ltd. , dt 22/10/2024

✅ New Guidelines on Annuity Cancellation and Transfers in NPS
Circular No. PFRDA/2024/18/SUP-ASP/01 on October 24, 2024
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