Revenue

The wives of jailed Delhi Chief Minister Arvind Kejriwal and his former Jharkhand counterpart, Hemant Soren, who is also in prison, convened in Delhi on Saturday amidst speculation surrounding Sunita Kejriwal potentially assuming the top post.

Shops in Bengaluru's prime areas like Chickpet are illicitly collecting 5-18% extra from customers without issuing proper GST invoices, defrauding both consumers and the government. Despite raids and warnings by Commissioner C. Shikha, this practice persists. Consumers can verify GST bills via the GST portal and report discrepancies to the Karnataka Commercial Taxes Department. Strict actions will be taken against offenders.

According to reports, Bollywood celebrities will be called by the Enforcement Directorate (ED) for promoting the FairPlay application. A broadcasting company, Viacom18, filed an FIR alleging a staggering revenue loss of Rs. 100 crores.

According to a report by the Financial Times, TikTok amassed approximately $16 billion in revenue in the US alone last year, highlighting its remarkable success in the American market.

The Western Railway's Mumbai division has launched the 'Batman Squad' to address the surge in ticketless passengers on local trains during evening hours. This specialized team conducts ticket checks and monitors stations at night to combat ticket evasion and enhance passenger safety

SpiceJet has undergone strategic restructuring within its commercial team, leading to the departure of key personnel, including the Chief Commercial Officer. Despite this, the company reports considerable growth in revenue and load factor. 

The Greater Cochin Development Authority has decided to conduct non-sports events in Kaloor Stadium to raise revenue by letting the stadium out for public gatherings and award nights.

The article discusses the rise of spiritual gaming following the opening of the Ram Mandir in Ayodhya, highlighting trends, market projections, and the intersection of technology and spirituality in India's mobile gaming industry.

Citing unfair competition practices, the senators claim that US manufacturers struggle to compete with low-cost Chinese competitors relying on forced labor and state subsidies in key sectors.

The Bruhat Bengaluru Mahanagara Palike (BBMP) is gearing up to present its budget for the fiscal year 2024-25, with expectations ranging from Rs 12,000 to Rs 13,000 crore, aiming to address outstanding liabilities and boost revenue through property tax reforms and enforcement measures. Special Commissioner of Finance, Shivananda Kalkere, will oversee the presentation.

Apple's big bet on India is starting to pay dividends as the company's iPhone sales in the country surpassed those in any individual European Union country in the year 2023. "India represented 4% of iPhone shipments and revenue in 2023, up from just 1% five years ago. This compares to a 20% share in China, which declined slightly year-over-year," the Morgan Stanley report stated.

These measures are intended to hold Russia accountable for its actions in the war and the demise of opposition leader Alexei Navalny, Biden emphasized.

The lookout circular (LOC), which is implemented at the country's entry and exit points, was initially issued against Raveendran over a year ago when the federal agency commenced its investigation into the matter.

The iPhone unquestionably stands as Apple’s most successful product ever, consistently driving significant revenue for the Cupertino-based tech giant over the years. This fact has consistently been supported by numerous reports. However, a recent report by AltIndex now reveals that Apple has generated a staggering $1.65 trillion exclusively from iPhone sales in the last decade.

In a significant bust at Kempegowda International Airport (KIA), officials from the Directorate of Revenue Intelligence (DRI) in Bengaluru arrested a Venezuelan national and seized cocaine worth Rs. 9 crore. The accused, who arrived in Bengaluru on an Emirates flight from Dubai on February 9, was apprehended by DRI officials upon suspicion.