BENGALURU: Even as jewellery continues to account for about 90% of Titan’s revenues, its other businesses-watches and CaratLane-are now in the fast lane, within striking distance of the $1-billion revenue mark over the next few years.“Watches are certainly on their course, in consumer price terms, to reach that billion. Given the way they are progressing,…
NEW DELHI: The Centre has decided to end the subsidy for electric three-wheelers after it met the target of 2.9 vehicles under PM e-Drive on Friday. In the three-wheeler segment, EV penetration is estimated at around 32%, which is in line with the target the Centre had set for itself, and is now leaving it…
DEHRADUN: The family of Anjel Chakma, the young Tripura native killed in Dehradun earlier this month, pushed back sharply against the city police chief’s public dismissal of racial slurs as a motive behind the murder – a claim central to the family’s version of events and backed, they say, by the firsthand account of Anjel’s…
MUMBAI: Sebi has cancelled the certificate of registration of a research analyst, Poorushkhan, after finding out that his KYC documents were used by someone else to obtain the regulator’s Research Analyst certificate. People running an unregistered investment advisory outfit named Options Research used documents of Poorushkhan, who ran a grocery shop and had nothing to…
NEW DELHI: A GST penalty of Rs 458.3 crore has been imposed on IndiGo by the additional commissioner of CGST (Delhi south commissionerate) on Monday. In a regulatory filing on BSE Tuesday, IndiGo said: “…The company strongly believes that the order passed by the GST department is erroneous and not in accordance with law, backed…
NEW DELHI: The Union Cabinet is likely to take up the AGR (Adjudted Gross Revenue) relief matter for Vodafone Idea on Wednesday, a measure that is seen as a lifeline for the loss-making telco, which has debt over of Rs 2 lakh crore. Vodafone Idea’s AGR dues are understood to be around Rs 83,000 crore,…
Metaplanet (3350), a Tokyo-listed investment and operating company focused on bitcoin treasury management, bought another 4,279 bitcoin BTC$88,248.95 in the fourth quarter, spending a total of $451 million, it said in a post on X. The purchase, at an average price of $105,412, took its total to 35,102 BTC, the fourth largest of any publicly…
NEW DELHI: Supreme Court has said it is mandatory to grant a hearing to the victim while deciding bail to an accused under SC/ST (Prevention of Atrocities) Act, failing which the bail would be deemed legally unsustainable. Interpreting Section 15A(5) of the SC/ST (POA) Act, a bench of Justices B V Nagarathna and R Mahadevan…
Agartala: Tripura Police, in a joint operation with Assam Police STF and central agencies, arrest suspected JMB offshoot member Jagir Miah from a border village, in Agartala. (PTI Photo) GUWAHATI: Assam police busted a module of Imam Mahmuder Kafila (IMK) with the arrest of 11 alleged operatives of the Bangladesh-based Jamaat-ul-Mujahideen Bangladesh (JMB) offshoot formed…
Long-term holders (LTH) of bitcoin BTC$88,429.55 have shifted back into accumulation for the first time since July. LTHs, defined as entities that have held bitcoin for at least 155 days, have accumulated roughly 33,000 BTC on a 30-day net basis, according to onchain data analysts checkonchain. Selling from LTHs has been one of the two…
