Budget 2026: COAI seeks cut in telecom licence fee; flags GST burden and ITC pile-up

File photo (Picture credit: ANI) India’s telecom industry body COAI has asked the government to reduce regulatory levies and ease Goods and Services Tax (GST) norms in the upcoming Union Budget, arguing that high statutory payments continue to strain the sector’s finances.The Cellular Operators Association of India (COAI), whose members include Reliance Jio, Bharti Airtel…

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Amid row over BLO deaths, EC says it’ll meet TMC MPs Friday | India News

NEW DELHI: The Election Commission on Tuesday agreed to Trinamool Congress‘s request for a meeting with the poll body, against the backdrop of the party attributing the recent suicides and deaths of booth level officers (BLOs) to “workload” arising out of the ongoing special intensive revision (SIR) in the state, reports Bharti Jain.Responding to the…

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Stocks making the biggest moves midday: Z, KLAC, IRBT, IMNM

Check out the companies making the biggest moves midday: KLA Corp. — The semiconductor equipment maker jumped 4%, nearing a 52-week high, after Jefferies raised its 12-month price target to $1,500 from $1,200, saying “AI continues to drive spend with [wafer fab equipment] accelerating into C26/C27,” and citing KLA’s “outsized exposure to the Leading Edge.”…

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Michael Saylor downplays Strategy credit risk as bitcoin tumbles: ‘We’ll refinance the debt’

Strategy CEO Michael Saylor brushed off concerns about the company’s credit risk if bitcoin continues to tumble. In fact, Saylor said he plans to keep accumulating the cryptocurrency for the company every quarter. “If bitcoin falls 90% for the next four years, we’ll refinance the debt,” the executive said Tuesday on CNBC’s “Squawk Box.” “We’ll…

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Bankrupt exchange FTX set to repay $2.2 billion to creditors this month

FTX Recovery Trust announced Wednesday it will distribute roughly $2.2 billion to creditors on March 31 as part of its ongoing bankruptcy recovery process, with additional payments to preferred equity holders scheduled later this year. The payout marks the fourth distribution under FTX’s Chapter 11 reorganization plan and will go to creditors in both “Convenience”…

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