Infosys is giving competitive compensation revisions to its employees. Not just that, the IT major is also planning on increasing its hiring target ahead. Click here to read more

Monkeypox case in Delhi, country tally at 4

Delhi reports the first case of monkeypox after a 31-year-old man from West Delhi showed symptoms of the disease, officials confirmed on Sunday. Click here for full story

Multibagger stock is at a 52-week-high level

The stock closed at ₹880.00 per share on Friday, up 3.54 per cent from its previous close of ₹849.95, after reaching a 52-week high of ₹896.00. This comes after Rajratan Global consolidated June 2022 net sales reached ₹251.43 crore, up 37.93% Y-o-Y in Q1FY23. Read here

Real-life ‘Swades’: Mumbai-based woman leaves job in Silicon Valley to help desi business owners

It was a ‘Swades’ moment for Hardika Shah, who, much like Mohan (played by Shah Rukh Khan) of the Hindi film, left her cushy job at Silicon Valley, packed her bags, and took a flight back to her motherland, in order to do something meaningful, something significant for her people back home. To read her story, click here

Multibagger stock of 2022 to trade ex-bonus tomorrow: Check if you own

When it comes to multibagger returns and corporate activity like bonus shares, shares of Hardwyn India are a conspicuous instance of it. For the purpose of bonus issue in a ratio of 1:2, the company has fixed 26th July as the record date and hence the stock will become ex-bonus tomorrow. Click here to check

Bengal SSC scam: TMC minister acting like ‘don’, ED tells HC

The ED on Sunday informed the Calcutta HC that Partha Chatterjee, Trinamool Congress senior leader, was behaving like a ‘don’ in the state-run SSKM hospital. Chatterjee has been arrested by the ED in connection with a teacher recruitment scam that took place in 2014. Read here

MINT MORNING DIGEST

US Fed meeting to Q2 GDP data: These triggers may impact gold price in near term

Gold prices plummeted to a 16-month low during the week, amid rapid interest rate hikes by the key central banks in their fight against widespread inflationary pressures, which suppressed the investment appeal of the metal. Read more

Covid, Zika, Swine Flu, Ebola and Monkeypox: When does WHO sound its highest alert

A Public Health Emergency of International Concern (PHEIC) is the rarely used top alert available to the World Health Organization to tackle a global disease outbreak. The WHO on Saturday declared the surge in monkeypox to be a PHEIC after experts reviewed the situation at an emergency committee meeting two days earlier. Read more

Infosys Q1 results preview: High costs may impact EBIT margin, PAT likely to record single-digit growth

IT-giant Infosys is set to announce its financial performance for the quarter ending June 30, 2022 (Q1FY23). Unlike other quarters, this time Infosys has scheduled to present quarterly results on Sunday. It is expected that Infosys is likely to record single-digit growth in PAT on a year-on-year basis, while the bottom line may sequentially dive. Read more

Income tax return filing last date July 31: What govt says on extending deadline

The last date to file income tax return (ITR) for FY 2021-22 is 31 July and still many taxpayers haven’t filed their returns, hoping that the government might extend the deadline for the same like the previous two years. Over the last two financial years, the government had extended the deadline for filing ITRs to ease compliance for taxpayers battling covid pandemic. Read more

Delay in TDS return filing may cost ₹10k penalty, ₹200 late fee per day

Any delay in filing of tax deducted at source (TDS) return on or before the due date, will welcome a late filing fee of ₹200 for every day till the failure continues. Also, there are possibilities a taxpayer may end up losing all the claiming amount in the TDS due to late filing fees. Read more

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