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Important news, must-read stories on NDTV Profit on Wednesday.
Around 52% of offline purchases are still made in cash, mainly due to low internet connectivity or issues such as fraud or delayed payments, he said.
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Additionally, Religare was instructed to take all necessary steps to assist the acquirers in meeting their obligations under the SAST Regulations, 2011.
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The object of the meeting is to discuss the financial incentives that an EV maker may be enjoying under the FAME-II scheme.
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The accountment comes after the company on Tuesday slashed the starting price of its best-selling SUV, intensifying the SUV price war in the world’s third largest automotive market.
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Revenue expenditure picked up pace during the first two months of FY25 by 4.2%, as against flattish growth during the first two months for the past four years.
Citi claimed that India needs to create 1.2 crore jobs every year but is only able to generate 80-90 lakh jobs a year.
The investments are potentially being made by six major companies and are expected to create over 1,000 jobs in Karnataka.
Photo Credit: Karnataka assembly website