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People of Gujarat are going to vote for a change this time: Gaurav Gogoi

People of Gujarat are going to vote for a change this time: Gaurav Gogoi

Ahead of Gujarat assembly polls, Congress has expressed confidence in winning the elections stating that the people of Gujarat want a change this time after a 27-year-long rule by the BJP.

Deputy Leader of the Congress in the Lok Sabha Gaurav Gogoi told ANI that he is quite excited to wait for the results and for the final votes to be counted because this time the people of Gujarat are going to "vote for a change".

Works under SBM to attract GST if not done for govts, authorities: AAR

Works under SBM to attract GST if not done for govts, authorities: AAR

Even if supplies are made under a government scheme, these may not be exempt from Goods and Services Tax (GST) if these are not directly supplied to governments or local authorities.

Work done for State Urban Development Agency (SUDA) under the Swachh Bharat Mission (SBM) and Mission Nirmal Bangla would not be exempt from GST, according to the state Authority for Advance Rulings (AAR).

Qualcomm doubles down on 5G access with Jio to connect 100 mn Indian homes

Qualcomm doubles down on 5G access with Jio to connect 100 mn Indian homes

With the initial roll-out of 5G in India, global chip-maker Qualcomm has bolstered its efforts with Reliance Jio to help it fast connect 100 million homes through its 5G fixed wireless accessAincluding the millimetre wave (mmWave), a top company executive has said.

Qualcomm is working very closely with Reliance Jio to provide its chipset platforms for the 5G fixed wireless access and the Open RAN 5G network.

Gold trading at Rs 53,190 per 10 grams, silver selling at Rs 61,200 per kg

Gold trading at Rs 53,190 per 10 grams, silver selling at Rs 61,200 per kg

Gold prices surged during Friday's early trade, with ten grams of 22 carat gold trading at Rs 48,760 after rising by Rs 10 from yesterday's close, according to the GoodReturns website. Silver prices fell by Rs 800 during Friday's early trade to Rs 61,200.

Ten grams of 24 carat gold is trading at Rs 53,190 after rising by Rs 10 from yesterday's close.

LIC aims to reach a mix of 75:25 between par and non-par in individual biz

LIC aims to reach a mix of 75:25 between par and non-par in individual biz

State-owned insurance behemoth Life Insurance Corporation (LIC) is aiming to achieve a mix of 75:25 between participatory and non-participatory business in the individual segment in the next few years and once that happens, it will give a significant push to the value of new business (VNB) and VNB margins of the corporation, the management said in an analyst call post the company’s Q2 earnings.

As of H1FY23, the non-par share on an individual annaulised premium equivalent (APE) basis of LIC stood at 8.99 per cent while par stood at 91.09 per cent.

BharatX to invest Rs 122 cr in indigenous start-ups over next 18 months

BharatX to invest Rs 122 cr in indigenous start-ups over next 18 months

Startup accelerator BharatX will invest USD 15 million (about Rs 122 crore) over the next 18 months in the Indian startup ecosystem, the firm said on Thursday.

A joint venture between India Accelerator and think-tank Council for International Economic Understanding (CIEU), BharatX will invest Rs 1-5 crore in each startup during the first edition of the accelerator programme.

R Systems zooms 20% on Blackstone's open offer to acquire majority stake

R Systems zooms 20% on Blackstone's open offer to acquire majority stake

Shares of R Systems International zoomed 20 per cent to Rs 281.55 on the BSE in Thursday’s intra-day trade after private equity player Blackstone made an open offer to acquire majority stake in the IT-enabled services company at price of Rs 245 per share.

At 10:12 am, the stock traded 14 per cent higher at Rs 267.40, as compared to 0.06 per cent decline on the S&P BSE Sensex.

BPCL's former Chairman Arun Kumar Singh to be the next head of ONGC

BPCL's former Chairman Arun Kumar Singh to be the next head of ONGC

Oil refining and marketing company BPCL's former chairman Arun Kumar Singh is likely to be the new chairman of India's top oil and gas producer ONGC -- the first instance of a top PSU board-level position going to a person aged over 60.

A search-cum-selection committee, constituted by the oil ministry, zeroed in on Singh after interviewing six candidates on August 27, two sources aware of the matter said.

LIC's move to sell Reliance Capital's debt to ARC upsets lenders, bidders

LIC's move to sell Reliance Capital's debt to ARC upsets lenders, bidders

Days ahead of the deadline to submit binding bids, LIC's move to sell its Rs 3,400 crore secured principal debt of cash-strapped Reliance Capital Ltd (RCL) to an asset reconstruction company (ARC) has irked its lenders and bidders.

The last date for submitting binding bids for Reliance Capital Ltd (RCL) and its subsidiaries is November 28.

Bajaj Auto eyes south east Asia to take e-scooter space by storm

Bajaj Auto eyes south east Asia to take e-scooter space by storm

Bajaj Auto is planning to tap the big opportunity to sell its electric scooters in the south east Asian market given that countries in the region have announced ambitious targets for conversion of ICE vehicles to electric.

Bajaj’s presence in this market in ICE vehicles has been limited till now because the region is essentially a step-through two-wheeler and scooter market. Bajaj does not have products in scooters and step throughs powered by ICE.

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