TOKYO: Japan on Friday unveiled plans to control exports of 23 items used to make semiconductors, after the Netherlands implemented similar restrictions this month, prompting a rebuke from China.“The announced measure is aimed at complementing efforts to avoid the military diversion of technologies,” a trade ministry official in the export …
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The GST Investigation wing of the Central Board of Indirect Taxes and Customs deals with policy issues relating to enforcement actions such as search, seizure, prosecution and arrest. Photo: Twitter/@cbic_india With Parliament clearing the decks for the establishment of Goods and Services Tax Appellate Tribunal to resolve rising disputes under …
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The industry is expecting the government to invite bids for power transmission infrastructure projects worth ₹1.50 lakh crore in the next 18 months, Sterlite Power Transmission said on Thursday. In December, the government had unveiled a plan with investment opportunities of about ₹2.44 lakh crore for building a transmission system …
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The Board of Hero MotoCorp has appointed Niranjan Gupta as the new chief executive officer (CEO) of the company, effective from May 1, 2023, elevating him from his current position as the chief financial officer (CFO), Head – Strategy and M&A. Pawan Munjal will continue as executive chairman and whole-time director on the …
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Wiggles, a pet-care company, has announced the acquisition of Capt Zack in a 100% cash and equity deal. The transaction value has not been disclosed. Founded in 2016, Capt Zack is one of India’s earlier D2C entrants in the petcare category. Anushka Iyer, founder and CEO, Wiggles, said, “as a …
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Ftcash, a non-banking financial company, has announced plans to increase its Asset Under Management (AUM) to ₹1,000 crore by March 2024 from the current AUM of ₹360 crore, a top executive said. Stating that most of the growth will come from business expansion, primarily in the southern and western markets, Vaibhav …
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WASHINGTON: Elon Musk has surpassed former US president Barack Obama as the most followed account on Twitter, five months after he bought the platform in a tumultuous takeover.The founder of Tesla and SpaceX on Thursday had 133,084,560 Twitter followers, a nose ahead of Obama, who had 133,041,813.The feat comes as …
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In the weeks after Elon Musk acquired Twitter Inc, hundreds of advertisers paused spending on the platform, wary of the changes the mercurial billionaire might bring to the social media platform. Months later, many still haven’t returned, despite efforts by Twitter’s sales team to woo them back with steep discounts …
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MUMBAI: Adani group executives met US investors, including from BlackRock Inc, Blackstone Inc and Pacific Investment Management Co, as part of its plans to market privately placed bonds for some of its group companies, according to people familiar with the matter.The conglomerate led by billionaire Gautam Adani is aiming to …
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WASHINGTON: The US economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace, the government said Thursday in a slight downgrade from its previous estimate. But consumer spending, which drives most of the economy’s growth, was revised sharply down.The government had previously …
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