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Delhi people to get inflated electricity bill from Monday, AAP government reveals reason

Delhi people to get inflated electricity bill from Monday, AAP government reveals reason

Atishi, the power minister of Delhi, has warned that nearly 46 lakh people of Delhi won't get electricity subsidy from Monday. She said the government had made provisions for the subsidy in the budget but Lieutenant Governor V K Saxena hasn't cleared the file. He said the people of the city will get inflated bills in the absence of the subsidy, from Monday.

She said she had sought a meeting with Saxena but didn't get a response for her request.

IPO-bound OYO to expand its US presence with over 100 new hotels this year

IPO-bound OYO to expand its US presence with over 100 new hotels this year

Softbank-backed hospitality firm OYO is planning to add over 100 hotels in the US in 2023. This is nearly double the number of hotels it added to its portfolio in 2022.

“Over the years, it (the US) has become one of @oyorooms most promising international markets…To cater to this growing demand, we plan to add over 100 hotels this year across the states of Oregon, Washington, Texas, Oklahoma, Georgia and Florida,” Ritesh Agarwal, founder and CEO of OYO Rooms, tweeted.

TVS Eurogrip tyres launches tyres for superbikes, adventure touring segment

TVS Eurogrip tyres launches tyres for superbikes, adventure touring segment

Leading two- and three-wheeler tyre maker TVS Eurogrip launched adventure touring and superbike tyres in Chennai on Friday.

Chennai Super Kings captain M S Dhoni and other CSK players were present at the event.

To reduce carbon footprint, Apple commits to 100% recycled cobalt by 2030

To reduce carbon footprint, Apple commits to 100% recycled cobalt by 2030

Apple announced on Thursday that it is committed to using 100 per cent recycled cobalt batteries by 2025. The development comes as a part of the company's ambitious plan to achieve carbon neutrality for all of its products before 2030.

In addition to this, the tech giant declared that it plans to start using recycled rare earth elements for magnets used in its devices, according to a report in Mint. Moreover, its in-house team designed printed circuit boards that will utilise recycled tin soldering and gold plating.

Insurance Samadhan launches Polifyx, a one-stop solution for customers

Insurance Samadhan launches Polifyx, a one-stop solution for customers

Insurance Samadhan, an insurance grievance redressal platform, has launched a new app called Polifyx, a one-stop solution for policyholders facing issues related to their insurance policies. The app leverages Artificial Intelligence (AI) technology, which is capable of scanning insurance policies and providing policyholders with adequate and precise information to avoid claim rejections. It also offers the convenience of getting the claim form filled out along with tips and tricks for successful claim filing.

Adani's Rs 20,000-cr FPO subscriber info not available: Sebi to RTI query

Adani's Rs 20,000-cr FPO subscriber info not available: Sebi to RTI query

The Securities and Exchange Board of India (Sebi) has said that it does not have the information on those who subscribed to the Rs 20,000-crore follow-on public offering (FPO) of Adani Enterprises (AEL).

The market regulator said this in response to an application filed under Right to Information ACT (RTI), which sought investor-wise and amount-wise subscription details and the reason for the cancellation of the FPO.

Be smart and use masks, doctors advise caution as Covid-19 cases surge

Be smart and use masks, doctors advise caution as Covid-19 cases surge

As Covid-19 cases rise in the country, health experts suggest that people start wearing masks again. According to data on the health and family welfare ministry's website, new Covid-19 cases in the country surged to 7,830 on Wednesday, April 13. The total caseload stood at 40,215.

A report in The Economic Times quotes Gautam Menon, a professor of physics and biology at Ashoka University

In gangster vs authorities, Mukhtar Ansari's 2 dozen 'benami' assets worth Rs 127 crore identified

In gangster vs authorities, Mukhtar Ansari's 2 dozen 'benami' assets worth Rs 127 crore identified

The Income Tax Department has identified about two dozen 'benami' assets worth Rs 127 crore of gangster-turned-politician Mukhtar Ansari in Uttar Pradesh and other locations as part of a "comprehensive" action against him and his associates, sources said Wednesday.

The department's Lucknow benami assets investigation unit on Tuesday attached the first benami property in this case, a land parcel located in Ghazipur district worth about Rs 1.29 crore (book value). The market value of this property is about 12 crore, according to an attachment order of the department.

Indian Newspaper Society urges govt to withdraw IT Amendment Rules 2023

Indian Newspaper Society urges govt to withdraw IT Amendment Rules 2023

Indian Newspaper Society (INS) on Wednesday said in a statement that it is deeply disturbed by the newly notified Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2023 (IT Amendment Rules, 2023) issued by the Ministry of Electronics & Information Technology on April 6. It has urged the government to withdraw the notification and hold consultations with stakeholders such as media organisations and press bodies before releasing with any notification having serious implications on media and its credibility.

Anand Rathi Wealth's profit surges 33% in FY23, revenue rises 31%

Anand Rathi Wealth's profit surges 33% in FY23, revenue rises 31%

Anand Rathi Wealth on Wednesday reported a 33 per cent jump in net profits in financial year (FY) 2023 to Rs 169 crore. Revenues surged 31 per cent to Rs 558 crore from Rs 425 crore in the previous FY.

For the quarter-ended March 2023, revenue was up 28 per cent year-on-year to Rs 146 crore. Profit after tax for the quarter rose 23 per cent to Rs 43 crore.

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