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70 call centre workers in Mumbai held for duping US citizens

The staffers posed as US Internal Revenue Service department officials, making a daily turnover of Rs 1.5 crore, reports Sanjay Jog.   In a swift operation, Thane Crime......

Thinkfest: Revenue dept looking into tax paymt by event mgmt co

The Central revenue department is inquiring into the payment of service tax by the event management firm which had organised the controversial Thinkfest on behalf of the Tehelka magazine. "We......

UP portfolios announced; Adityanath retains home

Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday allocated portfolios to his cabinet colleagues keeping over three dozen departments, including the home ministry, with himself. The chief......

Don't look now but China's military is changing!

In a few years from now, India will be looking at an entirely different type of military adversary across the borders, in our waters, in the air, in space and in our communication networks, says......

Why India-US nuclear trade is still in limbo

'At a time when the entire India-US relationship needs to be defined by President Trump and Prime Minister Modi, a fresh look at the liability issue has become urgent,' says Ambassador T P......

Gold smugglers switching over to cigarettes, currencies

In the past 18 months, the department of revenue intelligence has seized 50 containers of cigarettes, valued at nearly Rs 200 crore With the channel set three years ago to import gold illegally......

Banks in talks with temple trusts to push gold scheme

The finance ministry's revenue department is likely to issue a clarificatory note within this week on the taxation issues of gold monetisation scheme (GMS) investors. The clarifications will......

No naming and shaming under black money law: FinMin

Revenue department would come out with more clarifications through FAQs on the Undisclosed Foreign Income and Assets Act. The Revenue Secretary Shaktikanta Das sought to allay fears of industry......

Postal Dept incurs loss of Rs 7 a postcard, Rs 5 on inland letter

The Department of Posts is incurring a loss of over Rs 7 per postcard and about Rs 5 per inland letter as the revenue earned is far lower than the actual cost. As per the 2013-14 figures of......

I-T dept to step up prosecution against TDS defaulters

Concerned over latest shortfall in TDS revenue collections, the Income Tax department has decided to enhance prosecution action against large defaulters with the help of its specialised electronic......

Love your dreams, live your dreams: Kohli to athletes

‘I would like to tell all the athletes and all the people present here that if you can believe, you can achieve anything’ ‘If you think about it and convince yourself that you can......

Ecclestone exits F1, Liberty completes takeover

IMAGE: Bernie Ecclestone jokes with a grid girl during the drivers' parade. Photograph: Lars Baron/Getty Images Bernie Ecclestone's 40-year reign as Formula One's commercial supremo ended on......
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Country's 'second tallest' flag post to come up in Kolhapur

Kolhapur city in western Maharashtra will soon get a 300-feet flag post to fly the tricolour, which would the "second tallest" flag pole in the... ...

http://www.business-standard.com/article/pti-stories/country-s-second-tallest-flag-post-to-come-up-in-kolhapur-117032701081_1.html
Sri Lanka wants to reduce China’s stake in strategic port deal

By Ranga Sirilal and Shihar Aneez COLOMBO, March 27 (Reuters) - Sri Lanka's government wants aChinese company to agree to cut its stake in a... ...

http://www.sify.com/finance/sri-lanka-wants-to-reduce-china\\u2019s-stake-in-strategic-port-deal-news-economy-rd1taygidgdfg.html
PE, Venture Cap-backed cos faring better than firms going solo

Companies backed by VC funds and private equity are growing significantly faster than the ones that do not have such fundings and also the publicly... ...

http://www.business-standard.com/article/pti-stories/pe-venture-cap-backed-cos-faring-better-than-firms-going-solo-117032700894_1.html
A tale of 3 Budgets

There are tell-tale signs of a slide in the quality of Budgets presented by the current administration, says Parthasarathi Shome. Illustrations:... ...

http://www.rediff.com/money/column/modis-money-talk-a-tale-of-3-budgets/20170327.htm
PE/VC investments six times more than what IPOs raised in six years

In the past six years private equity and venture capital funds have invested more than six times what corporate India raised through initial public... ...

http://www.mydigitalfc.com/news/pevc-investments-six-times-more-what-ipos-raised-six-years-165

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