Articles for author: Market News

Market News

BLS International Acquires SLW Media: A Strategic Move in Sports Management

BLS International Acquires SLW Media: A Strategic Move in Sports Management

BLS International, a leading visa processing and consular services provider, has recently acquired a 51 percent stake in SLW Media, a sports management company specializing in golf, for Rs 80.24 lakh. This move enhances BLS International’s global footprint, enabling a seamless integration of golf events with its visa and travel services across over 66 countries. ...

Market News

Aviva’s India Unit Under Fire for Alleged  Million Tax Evasion Scheme

Aviva’s India Unit Under Fire for Alleged $11 Million Tax Evasion Scheme

British insurer Aviva is under scrutiny in India for alleged tax evasion involving fake invoices and cash payments to sales agents. Reports indicate that between 2017 and 2023, Aviva’s India unit breached local commission regulations, which led to an estimated $5.2 million in unpaid taxes. The Indian tax agency claims that Aviva channeled about $26 ...

Market News

Empowering Women: Central Government’s Bold Steps for Safety and Nutrition

Empowering Women: Central Government’s Bold Steps for Safety and Nutrition

Union Minister of Women and Child Development, Annapurna Devi, emphasized that empowering women and ensuring their safety is a top priority for the Central government. Speaking at Mahatma Mandir during the launch of “Poshan Maah,” a national nutrition initiative, she highlighted the government’s commitment to women’s safety and nutrition. Devi urged state governments to implement ...

Market News

Monsoon Drama: India Faces Rain Surplus Amid Northeast Deficiency

Monsoon Drama: India Faces Rain Surplus Amid Northeast Deficiency

India experienced a significant increase in rainfall during August 2024, with the India Meteorological Department reporting levels about 16 percent above normal. The country received an average of 287.1 mm of rain, making it the second wettest August since 2001. However, several areas, particularly in the northeast, Kerala, and Vidarbha in Maharashtra, recorded below-normal rainfall ...

Market News

Judicial Crisis: Sibal Demands Urgent Reforms for Overburdened District Courts

Judicial Crisis: Sibal Demands Urgent Reforms for Overburdened District Courts

Senior advocate and Rajya Sabha MP Kapil Sibal has drawn attention to the poor working conditions faced by district court judges in India. Speaking at the ‘National Conference of the District Judiciary,’ he emphasized that inadequate salaries and infrastructure hinder the justice delivery system’s effectiveness. Sibal described how judges struggle with overwhelming caseloads and lack ...

Market News

IBM Exits China: Job Cuts Amid Rising US-China Tech Tensions

IBM Exits China: Job Cuts Amid Rising US-China Tech Tensions

IBM is planning to scale back its operations in China, reportedly due to rising tensions between the US and China, as well as a decline in the Chinese economy. The company is cutting about 1,000 jobs in major cities like Beijing, Shanghai, and Dalian and is ending its research operations in China after 25 years. ...

Market News

Trump’s Fiery Assault on Harris: ‘Defective’ Rival in Election Showdown

Trump’s Fiery Assault on Harris: ‘Defective’ Rival in Election Showdown

Donald Trump has intensified his personal attacks on Kamala Harris, calling her “defective” during a recent speech at a conservative event. This criticism follows Harris’s first major interview as the Democratic presidential nominee, where she addressed Trump’s comments about her racial identity. In response to Trump’s remarks, Harris dismissed them as part of a “same ...

Market News

Tamil Nadu’s Tech Revolution: Stalin Partners with Google for AI Labs

Tamil Nadu’s Tech Revolution: Stalin Partners with Google for AI Labs

During his official visit to the United States, Tamil Nadu Chief Minister MK Stalin secured a significant partnership with Google to establish AI labs in the state. The Memorandum of Understanding (MoU) aims to skill 2 million young people in artificial intelligence, supporting the state’s economic growth. Industries Minister T.R.B. Rajaa highlighted that this collaboration ...

Market News

NMDC Faces ₹1,620 Crore Penalty Amidst Controversial Mining Dispute in Dantewada

NMDC Faces ₹1,620 Crore Penalty Amidst Controversial Mining Dispute in Dantewada

Chhattisgarh’s Dantewada district has penalized the National Mineral Development Corporation (NMDC) with Rs 1,620.5 crore for alleged mining law violations. NMDC argues that the penalty is unjust and has been imposed without considering relevant facts. The authority claims NMDC transported iron ore without the necessary railway transit pass, violating multiple mining regulations. In a letter, ...

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