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Yesterday’s big news was related to telecom companies. Now when a call is received from an unknown number on the phone, the name of the caller will also be visible. Telecom companies have started trials in Mumbai and Haryana circles. At the same time, a US court has imposed a fine of $ 194.2 million (about ₹ 1,622 crore) on Tata Group’s IT company Tata Consultancy Services (TCS).
Before tomorrow’s big news, today’s major events to keep an eye on…
- The stock market will remain closed today due to Sunday holiday.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow’s big news…
1. Now the name of every caller will be visible on the mobile: Telecom companies started caller ID display service, trial in Mumbai-Haryana.
Now when a call is received from an unknown number on the phone, the name of the caller will also be visible. Telecom companies have started trials in Mumbai and Haryana circles. According to media reports, there are plans to start this service in other cities also.
Its name is Calling Name Presentation (CNAP). This can help prevent spam and fraud calls. An increase in such calls has been seen in recent times. After pressure from the government and Telecom Regulatory Authority of India (TRAI), companies have started this testing.
Click here to read the full news…
2. US court imposes fine of ₹1,622 crore on TCS: Accused of misuse of trade secret, company plans to appeal
A US court has imposed a fine of $ 194.2 million (about ₹ 1,622 crore) on Tata Group’s IT company Tata Consultancy Services (TCS). The company said in an exchange filing on Friday that the United States District Court of the Northern District of Texas has imposed this penalty for misusing trade secrets.
TCS said it had strong arguments against the decision. She plans to file a review or appeal to protect her interests. The company hopes that after the review petition and challenge, the decision will be in its favor.
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3. Petrol-diesel became costlier by Rs 3 in Karnataka: State government increased sales tax, petrol in Bengaluru ₹ 99.84 liter and diesel ₹ 85.93 liter
Karnataka state government has increased the prices of petrol and diesel. The government has increased the price of petrol by Rs 3 per liter and diesel by Rs 3.02. This increase has happened after the amendment in ‘Karnataka Sales Tax’ (KST).
According to the notification of the state government, KST on petrol has been increased from 25.92% to 29.84% and on diesel from 14.3% to 18.4%. After this increase, petrol in Bengaluru has become Rs 99.84 per liter and diesel Rs 85.93 per liter.
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4. Hyundai-India preparing to launch country’s biggest IPO: Draft papers submitted to SEBI, company wants to raise ₹25,000 crore through IPO
Hyundai Motor India, the Indian unit of South Korean company Hyundai, is preparing to launch the biggest ever initial public offering i.e. IPO in the Indian market. The company has filed the Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on June 15 (Saturday) to launch the IPO.
Hyundai Motor India wants to raise $2.5-3 billion i.e. about Rs 25,000 crore by selling up to 17.5% of its stake through IPO. The company is selling 142 million i.e. 14.2 crore shares out of its total 812 million (81.2 crore) shares in this IPO.
Click here to read the full news…
5. Government reduces windfall tax on crude oil: From ₹ 5,200 to ₹ 3,250 per metric ton, exemption on diesel, petrol and ATF remains intact.
The government has reduced the Special Additional Excise Duty (SAED), i.e. windfall tax, on the export of domestically produced crude oil. In its regular review, the government has reduced the windfall tax from Rs 5,200 per metric tonne to Rs 3,250 per metric tonne. This change has come into effect from June 15. The government reviews windfall tax every 15 days.
Due to this, the government had reduced the windfall tax on May 16 and May 1. On May 16, the government had reduced the windfall tax from Rs 8,400 per metric tonne to Rs 5,700 per metric tonne. At the same time, on May 1, windfall tax was reduced from Rs 9,600 per metric ton to Rs 8,400 per metric ton.
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Now read the news you need…
Now higher interest on making FD in Axis Bank: Now returns up to 7.85% on making fixed deposits, see new interest rates
Axis Bank has changed the interest on fixed deposit i.e. FD. Now on making FD in Axis Bank, common citizens will get interest ranging from 3% to 7.20%. Whereas senior citizens will get interest ranging from 3.50% to 7.85%. Axis Bank is giving this interest on FD of less than Rs 3 crore.
Earlier, HDFC Bank had also increased the interest rates on Fixed Deposit (FD). Now common citizens are getting interest ranging from 3% to 7.25% on making FD in HDFC Bank. Whereas senior citizens are getting interest ranging from 3.50% to 7.75%. This change has been made in the interest rates of FD less than Rs 2 crore.
Click here to read the full news…
Three IPOs will open next week: Opportunity to invest in DEE Development Engineers, Acme Fintrade India and Stanley Lifestyles.
Next week, 3 initial public offers i.e. IPOs will be open for listing in the share market. These include DEE Development Engineers Limited, Acme Fintrade India Limited and Stanley Lifestyles Limited. Let us know about the IPOs of these three companies one by one. DEE Development Engineers Limited wants to raise a total of ₹418.01 crore through this IPO.
For this, the company will issue 16,009,852 new shares worth ₹325 crore. At the same time, the existing investors of the company will sell 4,582,000 shares worth ₹ 93.01 crore through Offer for Sale i.e. OFS. Retail investors will be able to bid for this IPO from June 19 to June 21. The company’s shares will be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on June 26.
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
The market was closed yesterday on Saturday, so know the condition of share market and gold and silver on Friday…
Know the latest price of petrol, diesel and gas cylinder…
