 "Gulf Oil International divests 4% stake in Gulf Oil Lubricants India for over Rs 263 crore, impacting share prices dramatically.")
Gulf Oil International Mauritius Inc. has successfully sold a 4 percent stake in Gulf Oil Lubricants India for over Rs 263 crore through open Market transactions. The sale involved approximately 1.95 million shares at an average price of Rs 1,351 each, lowering Gulf Oil International’s ownership from 71.76 percent to 67.8 percent. Notable buyers included ...
 "A fire at Jio’s data center sparked a nationwide outage, impacting millions as services struggled to recover.")
A fire at Reliance Jio’s data center has caused a nationwide network outage in India, affecting over 10,000 users according to Downdetector. The majority of complaints are related to mobile network issues, while others are facing internet and broadband disruptions. Fortunately, the fire has been contained, and efforts are underway to restart server operations soon. ...
 "India’s import tax hike on edible oils aims to support struggling farmers, dramatically impacting global prices amid election pressures.")
India has increased import taxes on crude and refined edible oils by 20 percentage points to support local farmers facing low oilseed prices. This decision raises the total import duty on palm oil, soyoil, and sunflower oil to 27.5%, significantly impacting the prices of these oils and potentially reducing demand from overseas. The new duties ...
 "In a dramatic effort to support lawyers, Delhi’s Kejriwal government launches aid schemes, impacting thousands during crises.")
Delhi Law Minister Atishi highlighted the successes of the Chief Minister Advocate Welfare Scheme, initiated by the Kejriwal government in 2019 to support lawyers. The scheme, backed by an annual fund of Rs 50 crore, has enrolled around 28,000 lawyers. It provides significant benefits including Rs 1 million in term insurance and Rs 5 lakh ...
 "The GST Council weighs options to reduce health insurance taxes, potentially aiding affordability while impacting government revenue significantly.")
The GST Council is set to discuss four proposals to alter the tax treatment of health insurance during its upcoming meeting. These options stem from a request to reduce taxes on health insurance products, aiming to make them more affordable. The proposals include fully exempting all health insurance premiums, cutting the GST rate from 18% ...
Apple recently held an iPad event that left many fans feeling underwhelmed and disappointed. Despite high expectations, the new product releases and updates failed to impress. Let’s take a closer look at why the event fell short of what many were hoping for. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll ...
A new bill in California is proposing to eliminate self-checkout lanes at grocery stores and certain retailers. This potential change could impact how customers make purchases and could lead to more interaction with store employees. The bill aims to address concerns about job loss and promote human interaction within the retail industry. Stay tuned for ...
