If you get a notice, make sure to file your I-T return or face scrutiny

[ad_1] MUMBAI: If a taxpayer does not file an Income-tax (I-T) return in response to a notice under section 142(1), the case will be picked up for scrutiny. This notice, seeking information, is issued when a taxpayer has not filed the tax return or is issued to seek additional preliminary information regarding a particular detail … Read more

Ex-CEO Howard Schultz weighs in on Starbucks earnings miss

[ad_1] Howard Schultz, former chief executive officer of Starbucks Corp., drinks from a Starbucks mug during a Senate Health, Education, Labor, and Pensions Committee hearing in Washington, DC, US, on Wednesday, March 29, 2023. Al Drago | Bloomberg | Getty Images Former Starbucks CEO Howard Schultz weighed in Sunday on the coffee chain’s dismal latest … Read more

Star Wars was the first Lego license — 25 years later, it’s stronger than ever

[ad_1] Star Wars Lego models are seen at the Bricks & Figs museum in Krakow, Poland, on April 15, 2023. Anadolu | Anadolu | Getty Images If you are a Star Wars fan, Jens Kronvold Frederiksen may have crafted your childhood. A design director at the Denmark-based Lego company, he has spent the past 25 years … Read more

Skydance could drop bid after Sony Apollo offer

[ad_1] Shari Redstone, chair of Paramount Global, attends the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on Tuesday, July 11, 2023. David A. Grogan | CNBC Skydance Media is prepared to walk away from its offer for Paramount Global unless it receives a firm commitment from controlling shareholder Shari Redstone, following … Read more

Berkshire Hathaway’s big mystery stock wager could be revealed soon

[ad_1] Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway, led by legendary investor Warren Buffett, has been making a confidential wager on the financial industry since the third quarter of last year. The identity of the stock — or stocks — … Read more

Dave & Buster’s plan to allow betting on arcade games draws scrutiny

[ad_1] A Dave & Buster’s location in the Gateway Center shopping complex in the Brooklyn borough of New York, US, on Saturday, March 30, 2024.  Bing Guan | Bloomberg | Getty Images Arcade chain Dave and Buster’s plan to allow customer betting isn’t winning over everyone. Software company Lucra Sports announced on Tuesday that it … Read more

Adani Green Energy posts Q4 adjusted profit rise on strong power sales

[ad_1] BENGALURU: India’s Adani Green Energy reported an 86% rise in fourth-quarter adjusted profit on Friday, helped by strong energy sales to customers.The Adani Group company’s consolidated adjusted profit rose to 10.34 billion rupees (about $124 million) in the quarter ended March 31, while the revenue from power supply rose 23% to 19.41 billion rupees.The … Read more

Immigrant workers are helping boost the U.S. labor market

[ad_1] The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age out of the labor force and birth rates remain low, economists and the Federal Reserve are touting the importance of immigrant workers for overall future economic growth. Immigrant workers made up 18.6% of the … Read more

Latest Punjab National Bank FD interest rates: Fixed deposit rates revised – check full list | India Business News

[ad_1] PNB FD interest rates: Punjab National Bank (PNB) has changed its fixed deposit (FD) interest rates for deposits under Rs 2 crore. According to the bank’s website, the revised rates are effective from April 12, 2024. As per an ET report, here are the latest FD rates for different customer categories:New fixed deposit rates … Read more

Amgen soars on weight loss drug progress, Novo Nordisk, Eli Lilly slide

[ad_1] Amgen‘s stock rose more than 12% on Friday after the drugmaker teased positive initial data on its experimental weight loss injection.  That fueled investor concerns about new competition in the rapidly growing weight loss drug industry, sending shares of the current obesity players, Novo Nordisk and Eli Lilly, lower on Friday. Eli Lilly shares … Read more