Category: Business

A PGA Tour Director’s Exit Casts a Pall Over Proposed Saudi Deal

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‘Serious concerns’ at the PGA Tour Just days before Tuesday’s PGA Tour hearing before the Senate Permanent Subcommittee on Investigations, a prominent tour board member, Randall Stephenson, has resigned. His reason? He said he cannot support the golf organization’s proposed tie-up involving LIV Golf, its Saudi -backed rival, DealBook’s Lauren Hirsch and The Times’s Alan…

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Business

Government to hire agency to estimate size of digital economy – Times of India

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NEW DELHI: The government is planning to hire an agency to measure the actual size of the digital economy which is estimated to be around USD 1 trillion by 2025, according to an official document.The selected agency will be roped in for a period of nine months for the assignment.The agency will need to submit…

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Business

Centre Empowers ED by Bringing Goods & Services Tax Network Under PMLA – News18

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The sharing of incriminating information with GSTN will enable the authority to limit the activities of suspicious businesses. (Image: News18) Offenses related to GST such as fake invoices and fraudulent input tax credits will now be covered under PMLA The Centre on Saturday issued a notification to bring the Goods and Services Tax Network (GSTN)…

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Business

Evva Hanes, Who Made Moravian Cookies World Famous, Dies at 90

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Evva Hanes, a North Carolina farm woman who took a centuries-old Moravian cookie tradition that she had learned by watching her mother bake on a wood-fired stove and turned it into a family business, one that now ships out millions of fragile, crispy Moravian cookies every year, died on June 22 at her home in…

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Vande Bharat Express Gets New ‘Saffron’ Paint, Indian Railways To Replace White Colour: Here’s Why?

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The upcoming Vande Bharat Express trains will get a new Orange-Dark Grey paint scheme as against the current generation of semi-high speed trains with white-blue livery. The photographs of the Vande Bharat Express donning the new colour scheme have been shared by the Railway Ministers of India, Ashwini Vaishnaw on his Twitter account. Various media…

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Business

Ant to buy back shares at 70% lower valuation than at IPO – Times of India

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Jack Ma-backed Ant Group Co is proposing to buy back as much as 7.6% of shares in an effort to retain talent and offer an exit for investors ensnared by a years-long regulatory crackdown at the company. Ant’s planned repurchase of the equity would value the company at about 567.1 billion yuan ($78.5 billion), it…

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