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Shocking PAN card scam targets senior citizens, affected get tax notices

Updated on Jun 18, 2024 10:57 PM IST

A Mumbai-based homemaker and senior citizen received a tax notice over a property sale of ₹1.3 crore, in an alleged misuse of her PAN details.

By | Edited by Abhyjith K. Ashokan

Boeing installed many faulty parts on 737 Max planes, whistleblower alleges

The claims were made public by a US Senate subcommittee in a memo to members after which Boeing said it’s reviewing the details.

An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport.(Reuters)
Updated on Jun 18, 2024 09:49 PM IST

Virat Kohli is India's most valued celebrity followed by Ranveer Singh, SRK

Virat Kohli featured on the top followed by Ranveer Singh who slipped to the second spot with a brand value of USD 203.1 million.

Virat Kohli looks on during the ICC Men's T20 Cricket World Cup West Indies & USA 2024 match between USA and India at Nassau County International Cricket Stadium in New York.(AFP)
Updated on Jun 18, 2024 10:46 PM IST

Infosys offers employees major incentives to relocate to new Hubballi campus

Infosys had been granted land for the Hubbali campus at a subsidised rate of ₹35 lakh per acre, compared to its actual value of ₹1.5 crore.

The state government had provided 58 acres to Infosys in Hubbali at <span class='webrupee'>₹</span>35 lakh/acre (REUTERS)
Updated on Jun 19, 2024 11:07 AM IST
By | Edited by Abhyjith K. Ashokan

Reliance Jio down: Users unable to access mobile internet, JioFiber not working

Reliance Jio down: Users said they were not able to access all the daily use applications including WhatsApp, Instagram, X, Snapchat, YouTube and Google.

Reliance Jio Down: As per Downdetector, over 54 per cent of the complainants are facing problems with mobile internet.
Updated on Jun 18, 2024 09:15 PM IST

Why a man is suing Apple for his multi-million dollar divorce

The middle aged British man claims that Apple failed to adequately inform users that deleted messages could still be accessible on other linked devices.

The man's wife divorced him after discovering his messages on the family iMac (Pixabay)
Published on Jun 18, 2024 02:15 PM IST

Appraisals at Tesla: Elon Musk wants to give this to high-performing employees

Tesla has announced job cuts affecting more than 10% of Tesla's global workforce amid slowing demand for EVs.

Tesla CEO Elon Musk waves as he leaves the Tesla Gigafactory for electric cars in Gruenheide near Berlin, Germany.(AP)
Published on Jun 18, 2024 01:58 PM IST

LIC may sell land, premium commercial buildings to raise up to $7 bn: Report

LIC has tasked an internal team to work out a sale plan for its real estate assets across the country, last valued between ₹50,000-60,000 crore.

The Jeevan Bharati building, (Life Insurance Corporation of India building) at Connaught Place in New Delhi is designed by architect Charles Correa, 1986. (Wikipedia Commons)
Updated on Jun 18, 2024 01:18 PM IST
By | Edited by Abhyjith K. Ashokan

Fisker files for bankruptcy, second Henrik Fisker car company to do so

Fisker Group Inc filed for Chapter 11 bankruptcy in Delaware and listed estimated assets of $500 million to $1 billion.

The Fisker logo is shown on the back of a Fisker Ocean electric SUV vehicle at one of the company’s sales, service ands delivery centers in Vista, California, US.(Reuters)
Updated on Jun 18, 2024 01:10 PM IST

ITR Return Filing: Should you file ITR if your income is less than 7 lakh?

ITR Return Filing: Due date for filing of ITR for those individuals who are not required to do an income tax audit is July 31, 2024, for FY 2023-24.

Income Tax Return: Under the old tax regime, you can get a maximum tax rebate up to <span class='webrupee'>₹</span>12,500 and <span class='webrupee'>₹</span>25,000 under the new tax regime.
Updated on Jun 18, 2024 01:20 PM IST

Sebi planning series of tweaks to address option trading risks: Report

The changes will be aimed at addressing risks arising from explosive growth in options trading.

SEBI logo outside the regulators’s office.(HT photo)
Updated on Jun 18, 2024 12:08 PM IST

Music platform BandLab CEO says AI is not the enemy: ‘You still need creativity’

BandLab, a mostly free online music workstation and distribution platform based in Singapore, has more than 100 million registered users.

Bandlab CEO Meng Ru Kwok during an interview at his office in Singapore.(AFP)
Published on Jun 18, 2024 12:00 PM IST

Schibsted layoffs: Norwey's online classified ads group to cut 250 jobs

Schibsted layoffs: Schibsted recently divested its legacy news media business. It operates in Norway, Sweden, Denmark and Finland.

Schibsted layoffs: Schibsted operates online marketplaces for real estate, jobs, cars, travel and other services in Norway, Sweden, Denmark and Finland.
Published on Jun 18, 2024 11:43 AM IST

Hindujas spent more on pet dog than a servant’s salary, kept their passports

The Hinduja family accused the prosecutor of painting a misleading picture of how much the workers were paid as their lawyer.

Ajay Hinduja (L) and his wife Namrata are seen. Lawyers for the Hinduja family rejected the claims as they cited testimony from servants who said they had been treated with dignity.
Updated on Jun 19, 2024 11:26 AM IST

Google Gemini’s India chapter begins in earnest, with an app and advanced skills

Localisation was key, and that’s something Google has ticked off the checklist before unleashing Gemini for India

There are two ways for Android users to get the Gemini app; either download from the Play Store or opt-in via Google Assistant. (Official handout)
Updated on Jun 18, 2024 11:02 AM IST

PM Modi to release 20,000 crore under PM Kisan in Varanasi: What is the scheme

PM Kisan Nidhi Scheme: PM Kisan scheme was launched in 2019 with the aim to cater to the financial needs of all land-holding farmers.

Prime Minister authorized the release of the 17th installment of the PM Kisan Nidhi after assuming office for the third term.(PTI)
Updated on Jun 18, 2024 12:12 PM IST

Google launches Gemini mobile app in India, available in 9 Indian languages

The app will be available in Hindi, Bengali, Gujarati, Kannada, Malayalam, Marathi, Tamil, Telugu, and Urdu, the company said.

Gemini logo is seen in this illustration. The app will be available in Hindi, Bengali, Gujarati, Kannada, Malayalam, Marathi, Tamil, Telugu, and Urdu.(Reuters)
Updated on Jun 18, 2024 03:54 PM IST

Bumper market debut: Ixigo shares debut at 49% premium to IPO price

This was much better than grey market expectations which indicated a debut of almost 30 per cent.

Ixigo shares listed at <span class='webrupee'>₹</span>138.10 on the NSE- a premium of 48.5 per cent over the issue price of <span class='webrupee'>₹</span>93.
Updated on Jun 18, 2024 10:26 AM IST

Fitch raises India's growth estimates for FY25 to 7.2%

For the fiscal years 2025-26 and 2026-27, Fitch projected growth rates of 6.5 per cent and 6.2 per cent, respectively.

The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London,Britain.(Reuters)
Published on Jun 18, 2024 10:01 AM IST

BSE Sensex, Nifty hit new all time high in major gains in IT stocks

Sensex today: Sensex was up 200 points at 77,187 at about 9:20 am and Nifty was up 70 points at 23,534.

Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Updated on Jun 18, 2024 12:10 PM IST

A ‘smarter than human’ AI bot could be the next mayor of Wyoming in US

Victor Miller said that he will run for the mayor of Cheyenne in Wyoming and if he is elected he won't be making any decisions but will use chatbot VIC.

Victor Miller said that when he went to file his candidacy, he “wanted to use Vic without my last name.
Updated on Jun 18, 2024 09:47 AM IST

Crisis at Washington Post as future editor accused of wrongful reporting

The report was published under the headline “Incoming Post editor tied to self-described ‘thief’ who claimed role in his reporting”.

People walk by the One Franklin Square Building, home of The Washington Post newspaper, in downtown Washington.(AP)
Updated on Jun 18, 2024 09:33 AM IST

You may soon be able to convert Hindi voice notes to text on WhatsApp

As per the report, WhatsApp will add a new section in the app and users can choose from five languages.

This illustration photograph shows the instant messaging software WhatsApp's logo. The feature was first seen in WhatsApp beta for Android update.(AFP)
Published on Jun 18, 2024 09:13 AM IST

Ixigo listing today: Stock expected to list at 30% premium to IPO price

Ixigo IPO opened for subscription on June 10 and concluded on June 12. By the final day of bidding, it was subscribed 98.34 times.

Ixigo IPO: The price band of the IPO was <span class='webrupee'>₹</span>88-93 a share and the issue comprised a fresh issue of <span class='webrupee'>₹</span>120 crore.
Published on Jun 18, 2024 08:51 AM IST

Vijay Mallya's son Siddharth set to marry long-time girlfriend Jasmine: See post

Siddharth Mallya's post was met with an outpouring of love and well-wishes from their supporters and social media followers.

Siddharth Mallya is set to marry his girlfriend Jasmine. He shared the news on social media with a post on Instagram.
Updated on Jun 18, 2024 01:17 PM IST

US stock market update: S&P 500 hits 30th record of 2024

The S&P 500 hit its 30th record this year, defying concerns about narrow breadth that could make the market more vulnerable to surprises.

A general view of Wall Street in New York.(AP)
Published on Jun 18, 2024 07:31 AM IST
Bloomberg |

Air India Express completes operational IATA safety audit

Air India Express affirmed their safety standards by completing the IATA Operational Safety Audit, officials from the company said on Monday.

Air India successfully completed its IATA Operational Safety Audit
Published on Jun 17, 2024 09:53 PM IST

HAL gets over 45,000-crore tender for 156 light combat helicopters

The company said that out of the 156 helicopters, 90 are to be acquired for the Indian Army (IA) and remaining 66 are for the Indian Air Force (IAF).

A HAL light combat helicopter during a flight in Ladakh (HAL)
Published on Jun 17, 2024 09:15 PM IST

EPS rule for calculating lump sum withdrawal amount on early exit changed

Members of Employees' Pension Scheme (EPS) can withdraw the lumpsum amount if they exit the scheme before the completion of 10 years.

Published on Jun 17, 2024 09:01 PM IST
By | Edited by Abhyjith K. Ashokan

Surat Diamond Bourse sets a new Diwali target after missed deadlines

SDB has only 5-10 functional offices where the occupants moved in around Diwali last year but this is set to change, said spokesperson Laljibhai Patel

The SBD, constructed over 6.7 million square feet, is larger than the Pentagon which has an area of 6.5 million square feet (SBD)
Updated on Jun 17, 2024 08:15 PM IST
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