Import management system for laptops extended till Dec '25
Financial Express Ahmedabad|December 12, 2024
The government on Wednesday extended the import management system for laptops, tablets and other IT hardware by a year beyond December 31.
MUKESH JAGOTA

The applications for import authorisation for 2025 will be accepted from December 13 this year till December 15, 2025, a circular by the Directorate General of Foreign Trade said.

هذه القصة مأخوذة من طبعة December 12, 2024 من Financial Express Ahmedabad.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 12, 2024 من Financial Express Ahmedabad.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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Financial Express Ahmedabad

Jubilant FoodWorks falls after Coke bottler deal

SHARES OF JUBILANT FoodWorks fell over 5% on Thursday, a day after the Jubilant Bhartia Group agreed to pick up a 40% stake in Hindustan Coca-Cola Beverages (HCCB).

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1 min  |
December 13, 2024
Financial Express Ahmedabad

Rupee hits new closing low, RBI intervention caps loss

The rupee fell to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for the US dollar in the non-deliverable forwards (NDF) market, while the intervention from the Reserve Bank of India helped prevent sharp losses.

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1 min  |
December 13, 2024
Financial Express Ahmedabad

Sebi trying to reduce float of ₹4.5 lakh cr lying with intermediaries

WITH MEASURES SUCH as T+0 settlement and UPI block mechanism for the secondary market, Sebi is trying to reduce the cash-equivalent collateral of over ₹4.5 lakh crore lying with intermediaries and bring in more transparency, whole-time member Ananth Narayan said on Thursday.

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1 min  |
December 13, 2024
Financial Express Ahmedabad

NBFCs mop up over ₹10,000 cr via bonds

AS THE CALENDAR year draws to a close, the fundraising activity of non-banking financial companies (NBFCs) has gained momentum.

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1 min  |
December 13, 2024
Macquarie sees 21% upside for Delhivery
Financial Express Ahmedabad

Macquarie sees 21% upside for Delhivery

SHARES OF LOGISTICS solutions provider Delhivery on Thursday gained nearly 3.2% on the BSE to its intraday high of ₹391.30 as global brokerage firm Macquarie has maintained its 'outperform' rating on the stock along with a 12-month target price of ₹460, implying an upside of more than 21%.

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1 min  |
December 13, 2024
Financial Express Ahmedabad

Sebi board may widen UPSI scope, tighten SME rules

THE BOARD OF the Securities and Exchange Board of India (Sebi), in its meeting on December 18, is likely to approve a slew of measures, including tighter norms for small and medium enterprises (SME) listing, review of custodian and merchant banker regulations and expansion of the definition of unpublished price sensitive information (UPSI).

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1 min  |
December 13, 2024
Financial Express Ahmedabad

NBCC to be consultant for 16 projects of Supertech

INSOLVENCY APPELLATE TRIBUNAL NCLAT has appointed state-owned NBCC as a project management consultant to complete debt-ridden realty firm Supertech's 16 real estate projects at a cost of nearly ₹9,500 crore, a move that will provide relief to thousands of homebuyers.

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1 min  |
December 13, 2024
Financial Express Ahmedabad

Makers of auto parts in a fix over EV switch

AUTO COMPONENT MANUFACTURERS, who were asked to set up factories by their clients to support the electric vehicle evolution, find themselves in a tough spot as automakers pivot back to traditional petrol and diesel engine technologies. This shift comes amid slowing EV growth.

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1 min  |
December 13, 2024
Financial Express Ahmedabad

Panel to flag bad loans

TO IMPROVE THE resolution process, banks have been instructed to closely monitor the top 20 NCLT cases at the MD level, with senior officials, not below the rank of GM, required to attend proceedings.

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1 min  |
December 13, 2024
Financial Express Ahmedabad

Samsung accuses CCI of illegal raid

The entire search exercise undertaken is patently illegal and any material collected thereunder should not be relied upon and should be promptly returned,\" the Indian unit of Samsung Electronics wrote.

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December 13, 2024