Read more about the article Mysterious One-Dish Restaurants on Zomato Spark Conspiracy Theories in Chandigarh
Business / Entertainment / Technology

Mysterious One-Dish Restaurants on Zomato Spark Conspiracy Theories in Chandigarh

Users on social media have raised concerns about "one-dish" restaurants popping up on Zomato in Chandigarh. These outlets, offering only a single dish at high prices, have confused users due to their strange names and lack of reviews. Some speculate the establishments could be fronts for money laundering or drug-related activities. Others have called for an investigation into these suspicious listings.

By Avi G
November 19, 2024
Read more about the article Meta Faces ₹213 Crore Penalty Over WhatsApp Privacy Policy Controversy
Politics / Business / Technology

Meta Faces ₹213 Crore Penalty Over WhatsApp Privacy Policy Controversy

The Competition Commission of India (CCI) has fined Meta ₹213 crore over WhatsApp's 2021 privacy policy update. The company must stop unfair business practices and make changes, including giving users the option to control their data sharing and stopping the use of user data for advertising. The penalty comes from Meta's misuse of its dominant position in the messaging and advertising markets.

By Avi G
November 19, 2024
Read more about the article NALCO Stock Soars 9% After 5x Profit Growth
Business

NALCO Stock Soars 9% After 5x Profit Growth

NALCO shares jumped over 9% on November 18 after the company reported a five-fold increase in its quarterly profit. The company earned a net profit of ₹1,062 crore for Q2 FY 2024-25, up from ₹206 crore in the same period last year. Its total income grew by 32% to ₹4,001 crore, and the company also declared an interim dividend of ₹4 per share.

By Avi G
November 19, 2024
Read more about the article Nippon India Launched New Auto, Realty Passive Funds
Business / Technology

Nippon India Launched New Auto, Realty Passive Funds

Nippon India Mutual Fund has launched two new passive funds that will track the Nifty Auto and Nifty Realty indices. These funds will focus on the auto and real estate sectors, offering advantages like low cost, diversification, and transparency. Both sectors are major drivers of growth, supported by government initiatives and strong past performance. The funds’ New Fund Offerings (NFOs) will close on November 28.

By Vishal Kumar
November 19, 2024
Read more about the article Rs 10 Lakh Fine for Hiding Foreign Assets: Income Tax Alert
Politics / Business / Technology

Rs 10 Lakh Fine for Hiding Foreign Assets: Income Tax Alert

The Income Tax Department has warned taxpayers that not reporting foreign assets or income in their income tax return (ITR) could lead to a fine of up to Rs 10 lakh. The warning comes as the deadline for filing belated and revised ITRs approaches, with the final date being December 31. Taxpayers are encouraged to report all relevant foreign assets and income to avoid penalties under the Black Money Act.

By Avi G
November 19, 2024
Read more about the article Domestic Air Traffic Soars Past 5 Lakh Mark for First Time Ever
Business / Science / Technology

Domestic Air Traffic Soars Past 5 Lakh Mark for First Time Ever

Domestic air travel crossed 500,000 passengers for the first time on Sunday, driven by affordable fares, a long weekend, and the wedding season. A total of 5,05,412 passengers flew on 3,173 flights that day. Passenger numbers have stayed high, consistently reaching over 4.9 lakh daily. Airlines have benefitted from cheaper fares and more flights, which helped boost demand after the Diwali season.

By Avi G
November 19, 2024
Read more about the article Is Goa Losing Its Appeal? Investor Responds to Tourism Decline Claims
Business / Entertainment

Is Goa Losing Its Appeal? Investor Responds to Tourism Decline Claims

Investor Rajesh Sawhney visits Goa twice a year and loves its vibe, beaches, and cafes, especially during the rainy season. Despite problems like taxi mafias, he still enjoys his time there. While some believe foreign tourism is on the decline, Goa’s tourism officials disagree, saying there's still high demand and an increase in domestic visitors.

By Vishal Kumar
November 18, 2024
Read more about the article Mangaluru’s Tech Industry Needs Better Air Connectivity
Business / Technology

Mangaluru’s Tech Industry Needs Better Air Connectivity

Mangaluru is working to become a key IT hub, but better global air connectivity is essential for its growth. Industry leaders say more international flights and partnerships between airlines could improve access to global markets. Right now, Mangaluru mainly connects to West Asia, and traveling further requires connections through Bengaluru or Mumbai.

By Vishal Kumar
November 18, 2024
Read more about the article MediaTek Expanding in India’s Automotive Sector
Business / Science / Technology

MediaTek Expanding in India’s Automotive Sector

Taiwan's MediaTek, already a leader in India's smartphone chipset market, is expanding its focus to the automotive sector. The company has partnerships with OEMs like Tata Motors and Skoda Auto for its Dimensity Automotive platform and is collaborating with JioThings to innovate in the two-wheeler electric vehicle (EV) space. MediaTek sees India as a key market and hub for R&D, aiming to tap into both the smartphone and automotive sectors.

By Vishal Kumar
November 18, 2024

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