Top news today: On 29 August, a series of events are set to take place right from politics to business.
Indian stock market benchmarks, the Sensex and the Nifty 50, hit their fresh record highs on Thursday, August 29, led by select index heavyweights, including Reliance Industries, Tata Motors and ITC. Major European markets were up with decent gains when the Sensex closed. Read more
Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) conducted its 47th annual general meeting (AGM) on Thursday, August 29. At the meeting, the oil-to-telecom conglomerate announced several projects as part of its digital and artificial intelligence (AI)-led future growth plans and key corporate actions, such as a bonus issue of shares slated for the near term. Read more
Life Insurance Corp (LIC) of India received a goods and services (GST) demand penalty order of ₹605.5 crore for fiscal 2019-20 (FY20). Read more
Reliance Industries Ltd's (RIL) Chairman and Managing Director Mukesh Ambani addressed the shareholders at the company's annual general meeting (AMG) on Thursday, August 29. Ambani discussed the company's growth prospects, areas of focus, and the opportunity the conglomerate brings to fuel India's growth story in uncertain times. Read more
The UK's University of Southampton will be setting-up India campus in Delhi-NCR, becomes the first foreign university to set up campus in the country under new National Education Policy A Letter of Intent (LoI) issued to the University of Southampton (UoS) was handed over by the External Affairs Minister S Jaishankar in an event held in New Delhi. Read more
Former Union minister Smriti Irani noted that there is a sharp change in Rahul Gandhi's politics. It may come across as good, bad, or childish, ‘but it is part of his strategy’. In a podcast interview, Irani said, “When he (Rahul Gandhi) talks about caste, when he wears a white T-shirt in Parliament, he's aware of what kind of message it sends to the youth.” Read more
Shipping Corporation of India received a ₹160 crore GST demand notice from the Deputy Commissioner of State Tax, Government of Maharashtra, for the financial year 2019-20, according to the company's filing in the BSE. The GST order stated that the company owes the taxation body ₹1,60,37,35,973 or ₹160 crore, which includes tax component, plus interest, plus penalty, as per the release. Read more
Reliance Industries Ltd is conducting its 47th Annual General Meeting (AGM) today. During this significant event, Chairman Mukesh Ambani addressed an impressive 3.5 million shareholders, sharing several major updates. From expanding access to artificial intelligence and cloud storage for Jio users to introducing Jio TvOS. Read more
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