Reliance tops among the 10 most-valued companies; Nita Ambani launches ‘Her Circle’ for women
Audi to launch electric SUV in India; Bitcoin surges 4.2% to $50,947.94
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Reliance Foundation chairperson Nita Ambani launches social media platform ‘Her Circle’ for women
It aims to provide women-related content that is upliftment-oriented.
Amazon India offers a hyperlocal programme for offline retailers and neighbourhood stores; onboards 50,000 small sellers
This is to show how digital inclusion can help them scale and contribute to a digital economy.
Reliance tops the chart among the 10 most-valued companies; Adds INR 60,034.51 crore to take its valuation
RIL was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever Limited and others in that order.
PM encourages people to buy quality medicines from Janaushadhi Kendras for an affordable price
The number of stores under the ‘Bhartiya Janaushadhi Pariyojana’ scheme has grown to 7499.
Bitcoin surges 4.2% to $50,947.94 adding $2,043.31 to its previous close
The currency’s peak this year was $58,354.14 on February 21.
Bitcoin may reach $75,000 price before the current bull cycle ends; Still doesn’t enter the ‘overbought’ category: Report
If bitcoin surpass $75,000, the digital currency would then be close to the top of the cycle.
Centre outlines SOPs for Covid vaccination of unregistered healthcare workers, frontline staff
The support staff of the private establishments should be certified with HCWs in the prescribed format.
IT claims ₹1,000-crore black revenue after raids on TN’s biggest jewellery retailer and bullion trader
Also, it had unaccounted gold bullion purchases, claimed wrongful bad debts, etc.
Foreign portfolio investors pull out INR 5,156 crore in the first week of March
Before this, FPIs invested INR 23,663 crore in February and INR 14,649 crore in January.
Highlights:
Centre currently developing an ethanol economy with a size of 20,000 crores at present - Union Minister Nitin Gadkari
He also said that Petroleum Minister assured to set up Ethanol pumps, with the rate of INR 60-62 per litre.
#Dhandha Corner
FICCI’s Overall Business Confidence Index has witnessed a decadal high of 74.2
Improvement in conditions, expectations have pulled the Index value to a decadal high, FICCI said.
Mutual funds withdraw ₹16,306 crores from equities in February; investors directly participate via Demat accounts
Since June 2020, MFs have been withdrawing over ₹1.24 lakh crore till February.
CBIC issues guidelines to exercise max caution, prudence in property attachment of a taxpayer
This can be considered in GST evasion, fake invoicing and delay of over 3 months in depositing tax collected.
About The #TechGiants
Sophisticated attack on thousands of Microsoft customers globally
Victims identified so far include banks and electricity providers, senior citizen homes, etc.
WhatsApp head Will Cathcart signals the company is against changing its end-to-end encryption feature
He adds that it made changes to ensure it does not become a broadcast messaging platform.
More #GlobalTechNews
Audi to launch electric SUV e-tron and crossover e-tron sportback in India in next 2-3 months
Audi announces a 5-year plan under which it would launch 20 pure EVs and 10 plug-in hybrid vehicles.
Majority of people feel that greater emphasis should be made towards data protection by corporate institutions: Deloitte
Cybersecurity has been the top concern for the banks as well as customers, the report said.
Top billionaires to pay ‘Ultra Millionaire’ tax in billions annually
Jeff Bezos would owe $5.7 billion, Elon Musk would owe $4.6 billion in taxes for 2020.
#NationalNews
Centre proposed to increase the authorized capital of LIC to ₹25,000 crores to facilitate its listing for the next fiscal
As per one of the 27 amendments, the centre will hold at least 75% in LIC for the first 5 years post IPO.
Gujarat Government earns INR 2054 crores as premium for providing non-agricultural permissions in 2 years
It received 56,566 applications from farm landowners to convert the status of their land.
UP Government in consideration with bringing Driverless Pod Taxis for Noida Airport connectivity
It is said, the cost of the system for pod taxis would cost 5 times less than it does in creating a metro.