Articles for tag: Allegations, Alliances, Announces, Chirag, Contest, Corruption, Elections, Exploring, Jharkhand, LJP, Paswan, Political, Tensions

September 29, 2024

Chirag Paswan announces LJP will contest Jharkhand elections, exploring alliances amidst political tensions and corruption allegations.

Chirag Paswan, the Union Minister and chief of LJP (Ram Vilas), announced that his party will participate in the upcoming assembly elections in Jharkhand. He stated that they are exploring all options, including alliances or running independently. This decision follows comments from Assam Chief Minister Himanta Biswa Sarma about BJP’s partnership with the AJSU Party ...

September 26, 2024

Market News

Business

Accenture announces a billion share buyback as AI demand drives unexpected revenue growth, boosting shares nearly 7%.

Accenture announces a $4 billion share buyback as AI demand drives unexpected revenue growth, boosting shares nearly 7%.

Accenture, the IT services giant, recently announced a significant $4.0 billion share buyback following impressive fourth-quarter revenue results. The company reported earnings of $16.41 billion, slightly beating analysts’ predictions. This growth was largely fueled by increased demand for generative artificial intelligence solutions, which continued to rise for the fourth consecutive quarter. Accenture’s new customer contracts ...

September 24, 2024

Market News

Business

In New York, Modi announces new US consulates, emphasizing India’s pivotal role in global growth and unity, igniting diaspora pride.

Prime Minister Narendra Modi addressed the Indian community in New York, announcing the opening of two new Indian consulates in Boston and Los Angeles. He emphasized India’s evolving foreign policy, stating that the country now seeks equal partnerships globally, moving away from previous policies of equidistance. Modi highlighted India’s significant role during the COVID-19 pandemic ...

September 21, 2024

Market News

Business

OYO announces 5 million acquisition of Motel 6, enhancing its US presence and promising innovative hospitality solutions for travelers.

OYO announces $525 million acquisition of Motel 6, enhancing its US presence and promising innovative hospitality solutions for travelers.

OYO, an IPO-bound travel tech platform based in India, has agreed to buy the Motel 6 and Studio 6 hotel brands from Blackstone Real Estate for $525 million in an all-cash deal. This acquisition aims to enhance OYO’s presence in the US Market, where it currently operates over 320 hotels. The deal is expected to ...

September 11, 2024

Market News

Business

Union Finance Minister Nirmala Sitharaman announces GST relief for automotive, advertising, data hosting, and exporters, boosting growth and competitiveness.

The Union Finance Ministry recently provided relief to several industries, including automotive, data hosting services, and advertising agencies that work with foreign clients. One key circular clarified that demo vehicles used by dealers for test drives can still qualify for GST deductions, as they support vehicle sales. Another circular recognized data hosting services provided by ...

September 9, 2024

Market News

Business

Finance Minister Nirmala Sitharaman announces key GST reforms, including a GoM to reduce insurance taxes and lower rates on cancer drugs.

During the 54th GST Council meeting, Union Finance Minister Nirmala Sitharaman announced the formation of a Group of Ministers (GoM) to evaluate the GST rates for life and health insurance. This GoM will be led by Bihar Deputy Chief Minister Samrat Choudhary and is expected to submit its report by the end of October 2024. ...

September 8, 2024

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Business

Political tensions rise as Congress announces candidates for Haryana, while protests erupt in Manipur against recent drone attacks.

The Congress party has unveiled its second list of nine candidates for the upcoming Haryana elections, including Brijendra Singh from Uchana Kalan and Mohit Grover from Gurugram. Meanwhile, the BJP launched a membership drive in Himachal Pradesh’s Manali, led by former Chief Minister Jai Ram Thakur, aiming to strengthen its local presence. In Imphal, protests ...

May 17, 2024

Market News

Business Current Affairs Today

Twitter is now x.com officially: Elon Musk announces complete domain transition | Current Affairs Question and Answers

Today’s Current Affairs: Elon Musk has officially rebranded Twitter, transitioning the platform completely to x.com. Users accessing the microblogging site were redirected to the new domain, with Musk announcing that all core systems are now on x.com. This move comes after Musk acquired Twitter in a $44 billion deal in 2022, leading to various changes ...