CBDT clarification on tax on freebies could create complications for unlisted companies, say expertsThe government had introduced a new section (194R) to the Income-tax Act, under which a 10% TDS was to be levied from July 1 on transaction...
'Was desperate to update my profile pic for a long time.' This CEO with Vitiligo has an important message on body imageNearly 2 to 5 per cent of the population is affected by the condition.
Deep Industries to diversify into services to offshore rigs, biogas industryThe company wants to begin with offering diving services for the maintenance of offshore oil rigs over the next two years and then subseque...
HNIs demand tax dept’s no due certificate before buying high-end distress properties“Many real estate deals are happening at distressed valuations, and at times deals are happening even below the stamp duty valuation rates,...
Zomato’s Rs 60,000 crore IPO valuation creates buzzFor some, a tech-enabled company should be valued differently than a traditional one despite its losses. For others, the IPO is an opportun...
Notorious IPL bookie’s diary has dirt on Bollywood, other big names: CopsThe police said Jalan travelled to Sri Lanka during an international cricket tournament in 2016 and a probe is on to find out if there was ...
Sebi order kicks off storm; social media links can’t prove insider tradingUnless independent evidence authenticates it, virtual connection alone is not evidence of fact.
Sebi scans Facebook 'likes'; finds evidence in insider trading caseTo catch manipulators, Sebi has started looking at Facebook accounts of suspected persons.
We see a lot of growth and opportunity coming in: Paras Savla, CMD, Deep IndustriesThere have been immense opportunities coming in from the various businesses like gas dehydration, drilling rigs and gas compression which i...
India had 48,000 crorepatis in 2015: Income Tax DepartmentAccording to the income tax returns figures released by the income tax department, 45,027 people had a gross income between Rs 1 crore and ...
CIOs, CTOs not 'technical plumbers' anymoreToday, technology and business are two sides of the same coin. Technology is critical to enable businesses' to enhance efficiency and cut c...
- FY12 revenues seen at Rs 750 cr: Harshit Savla, Aarti Drugs
Harshit Savla, Jt Managing Director, Aarti Drugs, talks about the company's plans and growth expectations.
- SEBI makes it tough for cos to delist
SEBI said non-promoter shareholders’ votes in favour of the delisting proposal should be at least two times the number of votes cast agains...
- IT bets big on $38 bn IM deals set for renewal
The contracts are from different industry segments with those from telecom being the largest at about $22.4 billion, a source tracking thes...
- Two key i-Sec execs on way out
Two key officials of ICICI Securities (i-Sec), Amrish Baliga and Mehul Savla, who control a major chunk of the investment banking business,...
- Savla appointed Sr VP at Patni Computer Systems
Global IT service provider Patni Computer Systems has appointed Sanjay Savla as Senior Vice President.
- Navi Mumbai fire: Insurers take Rs 100-cr hit
Insurance companies are expected to take a collective knock of Rs 100 crore on their books on account of an inferno that destroyed most of ...