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IT SUBCONTRACTORS IN INDIA
Toll collection against construction services provided to NHAI taxable: Rajasthan HCRajasthan High Court ruled toll collection rights are taxable consideration for highway construction. This decision impacts public-private ...- For investors with patience, experience, and anxiety appetite: 5 stocks from different sectors with upside potential of up to 21%For the last five years, the theme on the street has mostly been: Buy today, expect comfort tomorrow. But some of the better wealth-creatin...
- Startups lead AI push into construction amid labour shortagesConstruction is fast shedding its tech-resistant tag as AI-powered startups roll up sleeves to tackle labour shortages and speed up industr...
- IT's revenue per employee up in productivity winIndia's leading IT firms are seeing revenue per employee rise. This indicates a shift towards AI and automation driving productivity. Compa...
- Vedanta shares in focus after 10 workers killed in Chhattisgarh plant incident. Company respondsVedanta Limited shares: The company reporteda boiler accident at its Chhattisgarh power plant, which left 10 workers dead and 24 injured. T...
- DGGI issues Rs 415 crore showcause notice to Infosys over alleged ineligible ITC refundsThe Directorate General of GST Intelligence has issued a showcause notice to Infosys for allegedly claiming ineligible input tax credit ref...
- Up to code: Softserv Solutions is changing the game for Indian IT subcontractorsIT entrepreneur Manoj Pipersania has big dreams for his micro enterprise. The 2023 ET MSME Awards nominee talks about his journey from ATM ...
- What will India gain if the US scraps FCPA? Sunil Subramaniam explainsDonald Trump signed an executive order to pause prosecutions under the Foreign Corrupt Practices Act for Americans accused of bribing forei...
- Subcontracting costs rise 60% in 2 years for top four IT firmsSubcontracting costs incurred by India's top four IT firms have risen nearly 60% in the last two years, fuelled by heightened attrition and...
- Power distribution arm of REC orders cancellation of contract to Dongfang Electric IndiaRECPDCL had in September 2019 awarded a project for installation of 1.155 lakh smart meters in Jammu & Kashmir to Techno Electric & Enginee...
- Government likely to release up to Rs 8,000 crore to road contractorsIn an order released late on Wednesday night, the road transport and highways ministry had allowed extension of project timelines between t...
- Realty contractors move court over discrepancy in GST ratesWhile the government has fixed 18% GST for under-construction properties, it has allowed deduction of land value by the developer, making h...
- ONGC close to solution for $800 million projects stuck post swiber crashONGC’s three projects off the western coast faced delays after Swiber, the offshore construction and support services provider for oil and ...
- IT firms like Infosys, Wipro rely on external subcontractors more than ever beforeThe increased expenditure on subcontracting comes at a time when Indian IT firms are attempting to evolve beyond relying on temporary visas...
- US contractor fined $3.1 million for outsourcing work to IndiaA US contractor here has been ordered to pay a hefty fine of $3.1 million for illegally outsourcing government-funded work to a subcontract...
- US contractor fined $3.1 million for outsourcing work to IndiaAuthorities said the Indian company, which was unaware it had got the work illegally, fully and voluntarily cooperated with the investigati...
- CBEC books cases against Shiv Vani and sub-contractors of L&TTax authorities today said it has booked cases against various infrastructure related companies including Shiv Vani Oil Ltd and and Gas Exp...
- Malaysian firm denies land dealings with SatyamA leading Malaysian company has refuted allegations of improper land dealings with scandal-hit Satyam Computer Services Group and has exten...
- Sub-contractors or not, onus is on GammonThe World Bank, which funds several infrastructure projects in India, had talked about big contractors sub-contracting the entire work, or ...
- Criminal case filed against GammonIt could be a protracted legal battle for the Rs 1,871-crore Gammon India, the engineering and construction company that was working on the...
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