Category: Business

Logos of Swiss banks UBS and Credit Suisse are seen in Zurich, Switzerland. (Reuters)
Posted in Business

Credit Suisse opposes ‘too low’ offer of $1 bn by UBS: Report

UBS Group AG is offering to buy Credit Suisse Group AG for as much as $1 billion, a deal that the troubled Swiss firm is…

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For Income Tax Return filing, the Income Tax Department has made it mandatory for all taxpayers to link their Aadhaar card with their PAN.(Representative Image)
Posted in Business

Income Tax Return: What is ITR-1 or Sahaj ? Who is eligible to file?

Income Tax Returns (ITRs) are forms used by the Income Tax Department in India to declare net tax liabilities, claim tax deductions, and report gross…

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According to reports, Wipro has some 20,500 employees across the US, Canada, Mexico and Brazil (Bloomberg file photo)
Posted in Business

In ‘isolated incident’, Wipro lays off 120 employees in Tampa, US: Reports

According to reports, Wipro has laid off 120 employees in the United States, and described the job cuts an ‘isolated incident.’ The employees are from…

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Biollionaire Gautam Adani. (File)
Posted in Business

Adani halts ₹34,900 cr Mundra project amid Hindenburg row

Adani Group has suspended work on a ₹34,900 crore petrochemical project at Mundra in Gujarat as it focuses on resources to consolidate operations and address…

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People look at signs posted outside of an entrance to Silicon Valley Bank in Santa Clara, California.(AP)
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US firm in talks to buy Silicon Valley Bank: Report

First Citizens BancShares Inc is evaluating an offer for Silicon Valley Bank , Bloomberg News reported on Saturday, citing people familiar with the matter. People…

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The logo of OpenAI is displayed near a response by its AI chatbot ChatGPT on its website.(REUTERS)
Posted in Business

Will ChatGPT-4 replace your jobs? What AI tool says

The Microsoft-backed OpenAI has recently launched the fourth iteration of ChatGPT which is yet to be made available to the general public. It is claimed…

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In case of failure in paying advance tax, a person will have to pay interest for non-payment of advance tax.  (Representational image)
Posted in Business

Step-by-step guide to pay advance, self-assessment taxes

Advance Tax is a type of direct tax (income tax) that is paid in advance by an individual on their estimated total income for the…

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The illuminated logos of the Swiss banks Credit Suisse and UBS in Zurich, Switzerland. (AP)
Posted in Business

Credit Suisse to assess survival options as regulators push for UBS merger

Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank and regulators urged it to pursue…

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Swiggy announces 'Swiggy Launchpad' (Representational image).
Posted in Business

Swiggy launches ‘Swiggy Launchpad’ for first-time restaurant partners

Swiggy has announced Swiggy Launchpad, an initiative under which restaurant partners who join the platform for the very first time, will not have to pay…

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CGHS provides cashless treatment to central government employees – including retired staffers – at their own centres or empanelled hospitals.(REUTERS)
Posted in Business

Centre rejects viral claim on linking CGHS with Ayushman Bharat Health account

A post is doing rounds on social media that the Narendra Modi government wants to link the Central Government Health Scheme (CGHS) with the Ayushman…

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