The SPMEPCI aims at the attractions of Global EV manufacturers as Tesla and establish India as a global EV manufacturing center. | Photo credit: uniquemotiongraphics India is open to change its electric vehicle policy (EV), the scheme to promote manufacturing or electric passengers in India (SPMEPCI), subject to final tariffs in imported cars, since this scheme is tariffs.However, it will be adjusted once the final rates are decided under the Bilateral Commercial Agreement (BTA), government sources said. Business line. The scheme was announced on March 15, 2024, but it still has tasks off, since it is still in the writing…
Author: Daniel Reynolds
The main SBI cards and credit card payment services today reported a drop of 19 percent year -on -year (year -on -year) in the net quarter of 2015 to ₹ 534 million rupees, due to higher impediments of assets and subsequent provisions. In a sequential base, however, the final result increased by 39 percent.The deterioration of the fourth quarter of the company in financial instruments increased to ₹ 1,245 million rupees, 32 percent more. Subsequently, the provisions increased to ₹ 1,906 million rupees in Q4Fy25 of ₹ 1,767 million rupees last year. The company’s gross credit cost was 9 percent,…
The second largest telecommunications operator in the country, Bharti Airtel (Airs), has formally approached the government to convert its deferred fees into capital under the 2021 telecommunications reform package, looking for a leveling playing field.The company led by Sunil Bharti Mittal has approached the Telecommunications Department (DOT), pressing the equitable application of the capital conversion clause.The measure occurs because the government increases its participation in Vodafone Idea to more than 49 percent recently.The vodafone idea liabilities became capital in March by the center, which increased government participation in the company to 49 percent from 22.6 percent before. The center converted…
With incorporated sustainability objectives and a Net-Cero emission objective by 2030, the platform also includes the TCS cyber defense suite for integral cyber security and DigiboltA low code digital transformation engine. | Photo credit: Francis Mascarenhas In a bustling village, Priya, a school teacher, logs into a government portal to access new lessons plans. Thanks to the Savereignsecure cloud of TCS, the system is fast, safe and adapted to the needs of its students.This innovative cloud, “built in India and for India”, will be administered entirely by the specialty of TA, Tata Consultancy Services (TCS). It seems to be a…
The consent rate paid by companies under Sebi Law, the SCRA Law, the Deposit Law and the Competition Law will now not be treated as a commercial expense, said the rental tax department. That means that such expense will not obtain tax exemption. In accordance with a notification of the Income Tax Department, any expense incurred to resolve processes initiated in relation to the infraction or breach of four laws: Sebi’s Law, the Securities Contract Law (Regulation), the Law of Depositions and the Competition Law and the Demempode Bent -Bone Bep -Bone -ben will not be deducted or carried out…
Global brokerage classes India’s GDP growth by 5.8 percent for the end of fiscal year 2016 | Photo credit: Vivek Prakash The Global Nomura broker estimates that the rupee will fall to about 84/$ by the end of the year, and sees yields off low digits of a single digit for nifty 50 in the current financial year. “There will be some active purchases in dollars in dollars, the cleaning of the short positions of the races promoted in the book forward and the possible accumulation of reservations by the RBI,” said Craig Chan, Global FX strategy head in Nomura…
I started my career where most things made sense, in spreadsheets.I studied rented accounting. He worked at PWC. Public toks companies.Audits, fiscal structures and give comfort to financiers, all anchored in a world where clarity felt as control. The numbers were my language. The truth felt measurable.In those early years, I think the world rewarded precision.If their models were clean, their results would follow.It was a rational universe. And I trusted that.Then I come to Aswath Damodaran, and his work on the assessment changed everything.He did not teach how to value companies. Hello, he taught how to think about the…
The stores closed in Khan Market to pay tribute to the victims of Pahalgam’s terrorist attack in New Delhi on Thursday. | Photo credit: PTI As a tribute brand to the victims of the terrorist attack in Pahalgam, the main commercial associations in New Delhi have requested a complete market closure on April 25. The Confederation of all merchants in India (CAIT) said that this call is fully supported and has appealed to all Delhi merchants to voluntarily maintain their closed establishments and observe the Bandh peacefully.The general secretary of Cait and MP of Chandni Chowk, Shri Praveen Khandelwal, declared…
Armed Forces: Fight Terror | Photo credit: – It was the famous English poet Rudyard Kipling who, in his famous 1895 poem if he said ‘:If you can keep your head when everything is you,They are losing their own and blame you ……..Yours is the earth and everything in itThe horrible incident in Pahalgam two days ago in which 26 Indian nationals were brutally murdered by Pakistani terrorists reminds me of these Kipling lines, a favorite of my generation, because each Indian is an unable action. It is in stressful moments such as the thesis, we need to keep our…
In Reit and Invits, the market regulator must process with caution | Photo credit: Designer491 Real Estate Investment Trusts (Reit) and Infrastructure Investment Trusts (INVits), which allow investors to have a part of a commercial real estate or infrastructure project and receive a constant flow of tickets, have an important role in addressing the needs of the need for financing. But despite having spent more than a decade since the launch of the first Reit, the interest of investors in these values is quite warm. A recent consultation document published by the Bag and Exchange Board of India (Sebi) seeks…