Ludhiana Atal Apartment Scheme Draw on April 14

Ludhiana Improvement Trust's Atal Apartment Scheme sees 1,539 applications for 179 flats, with a draw scheduled for April 14. Officials aim for possession by November despite labor and weather challenges.

12% Surcharge Proposed on Share Buyback Capital Gains

The Indian government has proposed a 12% surcharge on capital gains from share buybacks, altering the current income-linked structure that imposes no surcharge up to Rs 50 lakh and 10% between Rs 50 lakh and Rs 1 crore.

LPG Policy Confusion Sparks Long Queues in Kolkata

Confusion over LPG distribution rules led to long queues in Kolkata as consumers rushed for eKYC. Officials clarified the March 31 deadline applies only to PMUY beneficiaries, not regular users, and refill gaps remain at 25 days.

Dehradun Boosts PNG Connections as LPG Shortage Bites

Authorities in Dehradun are ramping up piped natural gas connections to combat a severe LPG shortage, with domestic PNG links rising from 1,800 to over 2,200 in a month. The move aims to ease pressure on households and businesses facing closures.

Kamathipura Redevelopment Work Orders Issued This Week

The Maharashtra government will issue work orders for the Kamathipura redevelopment project this week, with construction set to begin in two months. The project aims to provide relief to 8,000 families through cluster redevelopment.

Network18 Appoints Raj Jain as Independent Director

Network18 Media & Investments has appointed Raj Jain as an independent director, effective immediately. This move aims to enhance corporate governance and strategic oversight for the media conglomerate.

CCPA Warns Hotels on Hidden 'Gas Surcharge' in Food Bills

The Central Consumer Protection Authority has issued a strict advisory, warning hotels and restaurants against levying additional charges like 'LPG charges' or 'fuel cost recovery' on food bills, calling it an unfair trade practice.

BA Pilots Could Get Bonus for Reducing Fuel Burn and Emissions

British Airways is proposing a new incentive scheme to reward pilots for reducing fuel burn and carbon emissions, with bonuses up to 1% of salary if collective targets are met. The plan, set for a union vote in April, aims to cut emissions by 60,000 tonne

Infosys Acquires Optimum Healthcare IT for $465M

Infosys signs a definitive agreement to acquire Optimum Healthcare IT for up to $465 million, its largest healthcare deal, aiming to strengthen provider segment capabilities and expand digital transformation services.

RBI's 4% Inflation Target Extended to 2031 by Government

The Indian government has extended the Reserve Bank of India's mandate to maintain retail inflation at 4% with a tolerance band of 2-6% for another five years until March 31, 2031, continuing the flexible inflation-targeting framework.

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