According to reliable sources, SoftBank-backed Ola has asked senior executives to find employees in their teams on performance basis who can be asked to go.
LPG price hike: The price of a 5kg domestic cylinder will increase by Rs 18 per cylinder. Domestic LPG will now cost Rs 1053 in Delhi. Meanwhile, the price of a 19kg commercial cylinder has been cut down by Rs 8.5 per cylinder.
At the interbank forex market, the local unit opened at 79.04 against the greenback and witnessed an intra-day high of 79.02 and a low of 79.38.
The 30-share BSE index declined 100.42 points or 0.19 per cent to settle at 53,134.35. During the day, it jumped 631.16 points or 1.18 per cent to 53,865.93. The NSE Nifty also gave up intra-day gains and dipped 24.50 points or 0.15 per cent to 15,810.85.
Raids were conducted at 44 premises belonging to Vivo, associate companies and sister companies.
The merger proposal of HDFC and HDFC Bank remains subject to various statutory and regulatory approvals.
The RBI said the penalties are based on deficiencies in regulatory compliance and not intended to pronounce upon the validity of any transaction or agreement entered into by the banks with their customers.
In a statement on Monday, Akasa Air said the uniform fit focuses on providing the best possible stretch to ensure their comfort over their busy flight schedules.
The CCPA added that consumers can lodge complaints on National Consumer Helpline number 1915 against hotels/restaurants charging service charges.
The 30-share BSE Sensex gained momentum as the session progressed to close 326.84 points or 0.62 percent higher at 53,234.77. Similarly, the broader NSE Nifty rose 83.30 points or 0.53 percent to 15,835.35.
The Department of Telecommunication warned all e-commerce companies from selling or facilitating the sale of wireless jammers on their online platforms.
Under the GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essential items and a top rate of 28 per cent on cars is levied. The other slabs of tax are 12 and 18 per cent.
Last month, Celsius paused all withdrawals, Swap, and transfers between accounts citing 'extreme market conditions'.
The BSE benchmark was trading with a gain of 159.56 points at 53,067.49 in early trade. The NSE Nifty also went higher by 45.4 points to 15,797.45. However, the indices failed to hold on to the gains and turned volatile in the morning trade.
The merger of HDFC and HDFC Bank is expected to be completed by the second or third quarter of FY24.
The tax on crude oil producers like Oil and Natural Gas Corporation (ONGC), Oil India Ltd and Vedanta Ltd alone will fetch the government Rs 69,000 crore annually considering 29.7 million tonnes of oil production in 2021-22 fiscal (April 2021 to March 2022).
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