Shrimi Choudhary &Amp; Peerzada Abrar

Stories by Shrimi Choudhary &Amp; Peerzada Abrar

Flipkart ups the ante in grocery battle with Amazon

Flipkart ups the ante in grocery battle with Amazon

Rediff.com   9 May 2019

Flipkart Supermart is already live in Bengaluru, Chennai, Hyderabad and Delhi

Noose tightens around ponzi scheme operators

Noose tightens around ponzi scheme operators

Rediff.com   9 May 2019

The move is aimed at protecting investors from parking their money in dubious schemes.

Will India shift its financial year?

Will India shift its financial year?

Rediff.com   29 Apr 2019

If the BJP comes to power, sources say it may change the financial year (April-March) to the calendar year (January-December).

Lessons from Justdial 'data breach'

Lessons from Justdial 'data breach'

Rediff.com   26 Apr 2019

At a time when services are rapidly digitising in India, enterprises are witnessing a rise in cases of sensitive data exposure risks and breaches.

Data privacy a major concern in India: Nandan Nilekani

Data privacy a major concern in India: Nandan Nilekani

Rediff.com   23 Apr 2019

Data privacy, he said, is a broader argument beyond Aadhaar as it includes everything such as issues related to mobile phones and social media data.

ED summons Chanda Kochhar on May 3

ED summons Chanda Kochhar on May 3

Rediff.com   23 Apr 2019

ED orders Chanda Kochhar to appear with asset lists also provide income-tax returns in her individual capacity and of companies if she was a director or held any position.

I-T action against 20.4 million non-filers

I-T action against 20.4 million non-filers

Rediff.com   19 Apr 2019

An assessing officer can initiate proceedings for prosecution from three months to two years, along with a fine.

Walmart CEO Doug McMillon in India to take on Amazon

Walmart CEO Doug McMillon in India to take on Amazon

Rediff.com   16 Apr 2019

Besides Jeff Bezos-led Amazon, Walmart-owned Flipkart is also facing a threat from Asia's richest man and RIL chairman Mukesh Ambani, who is also betting big to grab a share of the country's e-commerce market.

A peek into PhonePe's mega expansion plan

A peek into PhonePe's mega expansion plan

Rediff.com   10 Apr 2019

This year, PhonePe is focussed on bringing more partners across categories, including travel, commute, food, hyper-local, retail and entertainment on the platform.

I-T dept has huge land bank, yet spends Rs 1,000 cr on rent

I-T dept has huge land bank, yet spends Rs 1,000 cr on rent

Rediff.com   9 Apr 2019

The tax department was given the land at Mumbai's posh location, measuring 2,786 square metre, with a minimum capacity of 100,000 sq ft, in 1992. Instead of constructing an office building, the department recently took a few floors on rent at the nearby Air India building.

Zomato's FY19 revenues jump, so do the expenses

Zomato's FY19 revenues jump, so do the expenses

Rediff.com   7 Apr 2019

Company's revenue rises 3-fold to touch $206 million while total cost jumps over 6 times to $500 million

3 more UK cities added to Ola's roadmap

3 more UK cities added to Ola's roadmap

Rediff.com   30 Mar 2019

Ola, which is now present in seven cities in the UK, said its easy-to-use app would transform commuting experiences in these areas providing the community with greater travel choice as well as quicker and easier access to cabs.

Azim Premji-backed iD Fresh Food shifts focus to organic products

Azim Premji-backed iD Fresh Food shifts focus to organic products

Rediff.com   29 Mar 2019

The phase-wise transition of iD Fresh products into organic items has started and will include flagship offerings such as idli and dosa batter and Malabar parotta.

CBDT alarmed as direct tax collection is way behind target

CBDT alarmed as direct tax collection is way behind target

Rediff.com   28 Mar 2019

CBDT asks for urgent action, especially with respect to recovery of arrears and current demand, to achieve the collection target.

As FY ends, taxman stares at shortfall in direct tax collection

As FY ends, taxman stares at shortfall in direct tax collection

Rediff.com   26 Mar 2019

The total direct tax collection stands at a little over Rs 9 trillion, giving the taxman just few days to reach the 2018-19 revised target of Rs 12 trillion., reports Shrimi Choudhary.

Soon taxman will have full insight into your finances

Soon taxman will have full insight into your finances

Rediff.com   26 Mar 2019

The income-tax department has created various functionalities under its Project Insight, which will provide the 360-degree profile of taxpayers, including new and non-filers to gauge their accountability and tax liability. The tax department had on March 15 put out instructions for tax officials for accessing the insight.

Ola banned in K'taka for 6 months for violating norms

Ola banned in K'taka for 6 months for violating norms

Rediff.com   23 Mar 2019

The state government says Ola was using its existing cab aggregator licence to promote bike taxi services.

N/Core to support 30 nonprofit startups

N/Core to support 30 nonprofit startups

Rediff.com   22 Mar 2019

The initiative deepens N/Core's multi-year partnership with tech giant Cisco, which has participated in the fund along with Ford Foundation and IRB Infrastructure.

Court allows banks to liquidate Vijay Mallya's equity holdings

Court allows banks to liquidate Vijay Mallya's equity holdings

Rediff.com   20 Mar 2019

SBI-led consortium expects to make over Rs 13,000 crore from sale of assets

What RCB plans to do with IPL fans

What RCB plans to do with IPL fans

Rediff.com   19 Mar 2019

VVirat Kohli's franchise wants to unite fans on an innovative digital community platform.