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Home  Business

Business

Samsung heirs to pay record $10.7B in inheritance taxes

Samsung heirs to pay record $10.7B in inheritance taxes

  • Rupee surges 22 paise to Rs 74.44 against the US dollar in early trade

    The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.10 per cent to 91.
  • Sensex surges over 350 points in early trade; Nifty tests 14,750

    Bajaj Finance was the top gainer in the Sensex pack, rising around 3 per cent, followed by Bajaj Finserv, Bajaj Auto, SBI, IndusInd Bank.
  • Samsung expands presence in India smartphone market

    Samsung remains the second-largest brand for India's smartphone shipments with 52 percent on-year growth driven by its focus on the budget segment with the new M02 series and multiple other launches
  • Intelligent Cloud, PC sales help Microsoft log $41.7 billion revenue

    "Over a year into the pandemic, digital adoption curves aren't slowing down. They're accelerating, and it's just the beginning," said Microsoft CEO Satya Nadella.
  • Hyderabad-based VINS Bioproducts to begin Phase I trial for Vincov-19

    Covid-19 drug candidate was developed by VINS Bioproducts in collaboration with CCMB and University of Hyderabad
  • Hyderabad-based RikaRica develops mobile app to spot EV charging stations

    End-users can also use the app to book a slot at their preferred charging stations.
  • RBI issues guidelines for appointment of statutory auditors of banks, NBFCs

    However, non-deposit taking NBFCs with asset size below Rs 1,000 crore have the option to continue with their extant procedure.
  • Axis Bank posts Rs 2,677 cr profit in Jan-Mar

    Total income increased to Rs 21,028.45 crore in the latest quarter from Rs 20,786.23 crore in the same period a year ago.
  • Premji Invest, ADV Partners to buy stake in Micro Plastics

    The company offers integrated solutions, from designing to shipping final products for diverse industries ranging from toys and model hobby kits to sports equipment.
  • MG Motor India to shut Halol mfg unit for 7 days

    The company's manufacturing facility in Halol has an annual production capacity of 80,000 vehicles and employs nearly 2,500 workforce.
  • Kia unveils new brand identity in India 

    The company, which is a wholly-owned subsidiary of South Korea's Kia Corporation, introduced a refashioned logo and brand slogan as part of the new brand unveiling.
  • Lenskart opens tech centre in Hyderabad, to hire 100 people

    With this step, Lenskart is looking forward to stationing high-quality engineering talent in the vertical, focusing to facilitate offline buying experience at home with technologies like augmented reality.
  • Hyderabad leads realty investments with 42pc share in Q1 2021: JLL  

    Hyderabad witnessed a significant jump in investments year-on-year with the city recording an investment of $100 million (over Rs 740 crore) during the first quarter of 2020.
  • Bharat Biotech responds positively to Telangana’s request

    This message was conveyed to Chief Secretary Somesh Kumar who held a meeting with Dr. Krishna Ella, MD, Bharat Biotech on Tuesday at BRKR Bhavan following directions from Chief Minister K. Chandrashekar Rao.
  • ICT industry veteran Manoj Chugh joins as advisor to Vehere’s Board

    The company is led by a team of cyber security experts and its solutions have been deployed across Governments, Businesses, and Continents.
  • Fuel prices unchanged as Covid surge keeps crude stable

    The price of the two auto fuels had fallen by 16 paise and 14 paise per litre respectively on April 15 after a 15 day break when OMCs kept its prices static.
  • Rupee surges 14 paise to 74.59 against US dollar in early trade

    On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 276.5 points higher at 48,663.01.
  • JSPL to divest coal fired power business to reduce emissions, debt

    As per a JSPL statement, the divestment is in line with the company's strategic objective to continuously reduce its debt, focus on its 'India Steel' business and significantly reduce its carbon footprint by almost half as part of its ESG objectives.
  • Dr Reddy’s expects first lot of Russia’s COVID-19 vaccine Sputnik V by May end

    RDIF CEO Kirill Dmitriev in a virtual press conference recently said he expected over 50 million doses of Sputnik V vaccine to be manufactured in India by this summer.
  • Toyota acquires Lyft’s autonomous car division for $550 million

    Woven Planet Holdings, a subsidiary of Toyota, will acquire Lyft's self-driving division, Level 5, for $550 million in cash.
  • Sensex rises over 150 points in early trade; Nifty tops 14,500

    Reliance Industries was the top gainer in the Sensex pack, rising around 2 per cent, followed by PowerGrid, Bajaj Finance, TCS, Bharti Airtel, Dr Reddy's and HDFC Bank.
  • Samsung launches new enterprise SSD with upgraded performance

    The PM1653 is the industry's first 24G SAS SSD made with sixth-generation V-NAND memory chips, according to Samsung, with its storage capacity ranging from 800 gigabytes to 30.72 terabytes for enterprise server systems.
  • Sub-K Impact Solutions to expand product portfolio

    Plans to foray into housing, personal, and vehicle loans, and expand into gold loans
  • Reliance, BP start production from second deep-water gas field in KG-D6 block

    Reliance-BP, which had commenced output from R Cluster in December last year, started production from the Satellite Cluster
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