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Leading auto makers post double-digit sales growth in July

by AIP Online Bureau | Aug 1, 2021 | Eco/Invest/Demography, Indian News, Non-Life

New Delhi: Auto majors, including Maruti Suzuki India, Hyundai, and Tata Motors, on Sunday, reported high double-digit growth in their domestic passenger vehicle sales in July riding on stabilization of macro-economic factors and better consumer sentiments. Similarly,...

‘Corona Kavach, Rakshak policies loss-making products’; insurers urge regulator for re-pricing

by AIP Online Bureau | Aug 1, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Insurance policies Corona Kavach and Corona Rakshak have turned out to be loss-making products for most insurers, prompting them to seek for a re-pricing from the regulator as the high claims payouts are eating into their profits. ''It has...

FPIs pull out net Rs 6,105 cr from Indian capital mkts so far this fiscal

by AIP Online Bureau | Aug 1, 2021 | Eco/Invest/Demography, Health, Indian News

  New Delhi: Foreign portfolio investors (FPIs) pulled out a net Rs 6,105 crore from the Indian capital markets so far in the ongoing financial year amid the pandemic and resultant restructions in many parts of the country. The equity benchmark BSE Sensex has...

GOQii plans $ 75-100 mn fundraising; sees sustained interest around preventive healthcare

by AIP Online Bureau | Aug 1, 2021 | Eco/Invest/Demography, Health, Indian News

  Mumbai: Health-tech company GOQii is looking to raise USD 75-100 million in coming months, and remains confident that growth in preventive healthcare business would sustain in the long term, according to a top official. GOQii Smart Healthcare founder and CEO...

Businesses can now self-certify GST annual returns, instead of mandatory audit by CA

by AIP Online Bureau | Aug 1, 2021 | Eco/Invest/Demography, Indian News

New Delhi: GST taxpayers with a turnover of over Rs 5 crore can now self-certify their annual return, instead of a mandatory audit certification by chartered accountants, the CBIC has said. Under the Goods and Services Tax (GST), filing of annual return —...
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