Sun, Dec 22, 2024 8:12 PM
Waaree Energies begins trial production at US solar module plant
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📌Vedanta revised its demerger plan, opting to retain its base metals business within the parent entity following lender feedback. 📌NHPC signed a ₹5,500-cr MoU with Bihar to develop 1,000 MW solar and green hydrogen projects. 📌CCI approved UltraTech’s ₹3,954-cr acquisition of a 32.72% stake in India Cements. 📌HCC divested its stake in Steiner AG to m3 Immobilier.
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The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the ’one-nation-one-tax’ regime. The GST Council in its 55th meeting also decided to clarify on taxability of popcorn, saying caramelised popcorn will continue to attract tax at the rate of 18 per cent.
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Accenture Plc’s renewed hiring—it added 49,000 people globally in the last six months—suggests technology services companies expect a much better growth in the coming months, according to analysts. The Dublin-headquartered company’s hiring spree paints a sanguine outlook for homegrown IT services companies that are expected to record better growth in the coming quarters, the analysts said.
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