Shrimi Choudhary &Amp; Peerzada Abrar

Stories by Shrimi Choudhary &Amp; Peerzada Abrar

Apple clocks double-digit revenue growth in India

Apple clocks double-digit revenue growth in India

Rediff.com   1 Aug 2019

Analysts tracking Apple said the India results were glimpses of what the company could achieve in emerging markets with a right pricing strategy for its products and local manufacturing.

All you want to know about social bourses

All you want to know about social bourses

Rediff.com   22 Jul 2019

A social stock exchange, broadly, is understood to be a platform that allows investors to buy shares, bonds or units in a social enterprise that has been vetted by the exchange. These allow firms operating in sectors such as health, environment and transportation to raise risk capital.

EV start-up SmartE gets Rs 100-crore funding from Mitsui

EV start-up SmartE gets Rs 100-crore funding from Mitsui

Rediff.com   22 Jul 2019

With its fleet of nearly 1,000 electric three-wheelers in Delhi-NCR, it moves around 100,000 commuters daily. The company will use the funding to rapidly increase its fleet size within Delhi-NCR as well as other key cities around the country.

Why Facebook and Google are under I-T scanner

Why Facebook and Google are under I-T scanner

Rediff.com   17 Jul 2019

Taxmen have come across instances where global firms - charged a withholding tax of 6 per cent - are underreporting the exact income they earned from an Indian user.

'High-risk remittance' data under Income Tax lens

'High-risk remittance' data under Income Tax lens

Rediff.com   8 Jul 2019

The Income Tax Act empowers the CBDT to capture information in respect of payments to non-residents, whether taxable or not

Ola expands global footprint, gets London licence to take on Uber

Ola expands global footprint, gets London licence to take on Uber

Rediff.com   7 Jul 2019

In the UK, Ola is the only app that offers black cabs and private hire vehicles, giving both the driver-partners as well as the users, more choice.

Noose around NRI tax evaders, charitable trusts tightens

Noose around NRI tax evaders, charitable trusts tightens

Rediff.com   6 Jul 2019

At present, the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, covers only resident Indians. The Finance Bill has expanded the definition of assessees to include NRIs.

Income tax filing to be lot easier

Income tax filing to be lot easier

Rediff.com   6 Jul 2019

Some of the policy measures announced are expected to go a long way in removing current challenges on financing faced by businesses and also increasing economic activity, especially in areas of construction and manufacturing.

Why ICRA chief Naresh Takkar was sent on sudden leave

Why ICRA chief Naresh Takkar was sent on sudden leave

Rediff.com   2 Jul 2019

This move was triggered by a whistleblower complaint sent to Sebi against senior management interference in ensuring good ratings specifically in IL&FS and its subsidiaries.

As things turn sour, Jalan panel hopes to pacify FinMin

As things turn sour, Jalan panel hopes to pacify FinMin

Rediff.com   2 Jul 2019

The main difference of opinion between RBI and FinMin is over the transfer of the RBI's 'excess' capital reserves. The Jalan panel seeks to convince finance secretary Subhash Garg to soften his dissent note language. The move is aimed at maintaining the now-cordial relations between the RBI and the finance ministry.

Flipkart to roll out EVs for last-mile deliveries

Flipkart to roll out EVs for last-mile deliveries

Rediff.com   28 Jun 2019

The aim is to replace nearly 40 per cent of its existing last mile fleet of delivery vans with EVs by March 2020. o start with, the company is looking at deploying nearly 160 e-vans by the end of 2019.

Entrepreneurs who invested in scooter sharing start-up Vogo

Entrepreneurs who invested in scooter sharing start-up Vogo

Rediff.com   19 Jun 2019

Vogo, which has a fleet of over 12,000 vehicles mainly across Hyderabad, Mysuru and Bengaluru, is also betting big on India's growing traffic congestion.

Agencies to put restrictions on suspects going abroad

Agencies to put restrictions on suspects going abroad

Rediff.com   19 Jun 2019

A list of at least 20 individuals has been sent to the immigration department to prevent them from flying overseas.

India Inc's advance tax mop-up surges 171% in Q1

India Inc's advance tax mop-up surges 171% in Q1

Rediff.com   18 Jun 2019

Mumbai collected Rs 17,174 crore of advance taxes against Rs 7,356 crore in the same period last year. The tax authorities believe that such a staggering growth rate is a positive sign for the economy.

India is blessed - you have lot of talent here: Cisco CEO

India is blessed - you have lot of talent here: Cisco CEO

Rediff.com   10 Jun 2019

In an interview with Peerzada Abrar and Romita Majumdar, Cisco CEO Chuck Robbins said that his company would continue to bet heavily on India's engineering talent pool.

Net closing in on PNB, IL&FS, ICICI-Videocon, AugustaWestland

Net closing in on PNB, IL&FS, ICICI-Videocon, AugustaWestland

Rediff.com   7 Jun 2019

'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'

Swiggy unveils 'Daily', the first-of-its-kind homestyle meal app

Swiggy unveils 'Daily', the first-of-its-kind homestyle meal app

Rediff.com   4 Jun 2019

To make the service a hassle-free everyday option, Daily will allow users to schedule their meals in advance or opt for a daily, weekly or monthly subscription.

Chanda Kochhar contests bonus clawback, ESOP termination

Chanda Kochhar contests bonus clawback, ESOP termination

Rediff.com   20 May 2019

Until June 2018, the ICICI Bank board had given a clean chit to Kochhar with full backing and had said there was no question of favouritism, nepotism or conflict of interest on her part in granting loans to Videocon Industries or any other company. However, the stance changed soon after the regulatory and probe agencies initiated enquiry in the matter.

New Sebi rule make accountants more accountable

New Sebi rule make accountants more accountable

Rediff.com   20 May 2019

Sebi's move will help curb the illicit practice of keeping the parent company's account clean while maintaining debt in its subsidiaries.

India's gaming industry heats up

India's gaming industry heats up

Rediff.com   17 May 2019

'India has over 300 million online sports fans, of which over 60 million use fantasy sports as their primary tool for engagement with their favourite sport.'