New Delhi, Dec 29 (PTI) Following are the top business stories at 2020 hours: DEL52 BIZ 2NDLD FOXCONN Apple puts Foxconn’s TN facility on probation after mass food-poisoning New Delhi: Apple has put Sriperumbudur factory of iPhone assembler Foxconn on ‘probation’ following worker protests and an assessment that revealed substandard living conditions, saying it will ensure strict standards are met before the unit reopens.
DEL56 BIZ-GST-MEET GST Council meet on Dec 31, to discuss rate rationalisation New Delhi: The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on December 31 and discuss, among other things, report of the panel of state ministers on rate rationalisation.
DEL15 BIZ-TAX-ITR-VERIFICATION I-T dept relaxes time till Feb’2022 for taxpayers to complete verification of FY’20 ITRs New Delhi: Taxpayers who have not e-verified their ITRs for 2019-20 fiscal can complete the verification process by February 28, 2022, as the Income Tax department has given a one-time relaxation to assessees.
DEL49 BIZ-RBI-ECONOMY RBI flags Omicron threat to growth; says banks strong enough to face challenges Mumbai: Though the economy has steadily gained momentum and remained resilient since the second quarter of the current fiscal, the Omicron variant of coronavirus remains the major challenge along with rising inflation pressures, says the Reserve Bank in its second financial stability report.
DEL34 BIZ-LD-STOCKS Sensex, Nifty edge down on profit-booking in banking, metal stocks Mumbai: Benchmark indices Sensex and Nifty retreated from over one-week highs to close lower on Wednesday due to profit booking in banking, IT and metal stocks amid weak global trends.
DEL40 BIZ-LD RUPEE Rupee breaks 9-day winning streak, slips 1 paisa against US dollar Mumbai: The rupee snapped its nine-day winning streak to settle just one paisa lower at 74.71 against the US dollar on Wednesday, as muted domestic equities and a strong greenback overseas weighed on the market sentiment.
DEL31 BIZ-GOLD-PRICE Gold declines Rs 216; silver tanks Rs 179 New Delhi: Gold price in the national capital on Wednesday declined by Rs 216 to Rs 47,010 per 10 gram in tandem with decline in international precious metal prices, according to HDFC Securities.
DCM35 BIZ-CCPA-NOTICES CCPA issues 15 notices to etailers, sellers over sub-standard pressure cookers New Delhi: Consumer protection regulator CCPA has issued 15 notices to e-commerce entities as well as sellers for offering pressure cookers that are non-compliant with BIS norms, the government said on Wednesday.
DCM19 BIZ-DISHTV-AGM Dish TV AGM: Testing time for Chandra family’s hold over DTH player New Delhi: The annual general meeting of leading DTH service provider Dish TV will be held on Thursday, having postponed twice before amid an ongoing fight between Subhash Chandra family-led promoters and its single largest shareholder Yes Bank Ltd (YBL).
DCM31 BIZ-CUSTOMS-COCAINE Customs officers arrest Ugandan passenger who ingested 1 kg cocain New Delhi: Customs officers at the IGI Airport on Wednesday arrested a Ugandan passenger who had ingested 1 kg cocaine as pellets, unravelling yet another case of cocaine smuggling, the finance ministry said.
DCM47 BIZ-SEBI-NSEIL NSEIL settles case with Sebi; pays Rs 4.87 cr as settlement fee New Delhi: The National Stock Exchange of India Ltd (NSEIL) on Wednesday settled with markets regulator Sebi a case pertaining to alleged violation of Straight Through Processing (STP) services guidelines after paying Rs 4.87 crore towards settlement fee.
DCM9 BIZ-TAX-FACELESS APPEAL I-T dept eases norms for personal hearing via video conference under faceless appeal scheme New Delhi: The income tax department has brought in changes to the existing faceless appeal scheme, easing the process for taxpayers wanting a personal hearing through video conference while appealing against a tax demand by the department. PTI RUJ RUJ
