The Bombay high court on Monday directed the Income Tax department not to take any coercive action against Reliance Group chairman Anil Ambani till November 17 on a show cause notice issued to him seeking to prosecute him under the Black Money Act. The I-T department had issued the notice to Ambani on August 8, 2022 for allegedly evading Rs 420 crore in taxes on undisclosed funds worth more than Rs 814 crore held in two Swiss bank accounts. The department has charged Ambani (63) with "wilful" evasion, saying he "intentionally" did not disclose his foreign bank account details and financial interests to Indian tax authorities.
This is a film written for an audience that thrives on Vijay's stardom and it satisfies them thoroughly, observes Divya Nair.
The three year lock-in period enables ELSS fund managers to invest in high conviction stocks for a long period of time because of relatively less redemption pressure, says Dwaipayan Bose
Entrepreneur and podcaster Raj Shamani identifies four most sought after job profiles.
Sharad Pawar reckons that the NCP has value as a united, going concern, not as a gaggle of leaders in search of followers, notes Shreekant Sambrani.
HR Guru Mayank Rautela offers practical advice.
It is the season of cooking and baking, but with Amul Butter in short supply, consumers aren't like the cat that got the cream. A shortage only means market shelves without butter on them. "There is a supply-side deficit. "We are now able to procure only two packs of butter a day, as opposed to three packs (each containing 30 packets of butter) in a day," says a salesman at Modern Bazaar, a departmental store in New Delhi's Greater Kailash.
Edtech giant Byju's is set to lay off nearly 2,500, or 5 per cent, of its employees as part of an "optimisation" plan. The move by India's most valuable start-up comes amid a funding winter and steep losses. "To avoid redundancies and duplication of roles, and by leveraging technology better, around 5 per cent of Byju's 50,000-strong workforce is expected to be rationalised across product, content, media, and technology teams in a phased manner," said the company in a statement. In June, Byju's laid off about 600 employees at its group companies -WhiteHat Jr and Toppr.
'Kalnirnay is like a bible for any family.'
A good price. Slim bezels. The Aptoide app store. But is it enough, asks Aparna Banerjea.
November 8 marks 6 years after demonetisation. A K Bhattacharya reveals how the prime minister and the RBI worked together for months before Modi's 8 pm speech. A riveting excerpt from The Rise Of Goliath: Twelve Disruptions That Changed India.
The three-member Collegium, headed by Chief Justice of India D Y Chandrachud and also comprising Justices S K Kaul and K M Joseph, said the proposal for appointment of Kirpal as a judge of the high court has been pending for over five years and needs to be processed expeditiously.
Food (ahara) and lifestyle (vihara) have a major impact on the health of your heart.
In an unexpected turn of events, Elon Musk, the world's richest man and the biggest shareholder of Twitter, has decided not to join the board of the micro-blogging platform. The decision of Musk -- who has made a raft of suggestions in recent days for Twitter, even wondering whether its headquarters should be turned into a homeless shelter -- was made public by the platform's India-origin CEO Parag Agarwal in a tweet on Sunday evening. With a 9.2 per cent stake, Musk is currently the biggest shareholder of Twitter, which had entered into an agreement with the billionaire whereby he will get a seat on the platform's board till the 2024 annual shareholders' meeting. He was to join the board on April 9.
Sony Pictures Networks India Pvt Ltd (SPNI) and Zee Entertainment Enterprises Ltd (ZEEL) on Wednesday said they have signed definitive agreements for their merger following conclusion of an exclusive negotiation period during which both parties conducted mutual due diligence. In a joint statement, the two companies said they have "signed definitive agreements to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations and program libraries". The agreements follow the conclusion of an exclusive negotiation period during which ZEEL and SPNI conducted mutual due diligence, it added.
MPs asked if the platforms have the right to take down or suspend accounts.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
Fair trade regulator CCI on Friday ordered a probe against Google for its alleged abuse of dominant position. "In a well-functioning democracy, the critical role played by news media cannot be undermined, and it needs to be ensured that digital gatekeeper firms do not abuse their dominant position to harm the competitive process of determining a fair distribution of revenue amongst all stakeholders," CCI said. It added that the Commission is of prima facie view that Google has violated provisions of Section 4 of the Competition Act, 2002 which pertains to abuse of dominant position.
Dietician Komal Jethmalani provides expert help.
The mandatory use of the Indian flag on SCI's ships has been a bone of contention with prospective buyers, on account of the costs it will entail in terms of taxation and vessel registration.
With the spectrum auction now delayed till at least next May, the expected 5G orders for telecom equipment have not been sealed, the companies point out. Surajeet Das Gupta reports.
The recent currency volatility - rupee's depreciation against international currencies - may have given heartburns to automakers that rely on imports or pay royalty to parent companies abroad. But for Maruti Suzuki India, favourable movement of the yen - the currency that matters the most - against the Indian rupee, has given it reasons to cheer. The yen's sharp fall against the rupee and the rupee's depreciation against the US dollar, which in turn will bump up export realisations, are set to give a margin boost to the maker of Baleno and Brezza, said analysts. The softening of commodity prices and slew of new SUV launches in the coming months will also aid margins, they said.
Raising slogans, members of the BRS, Left parties and some members of the Congress walked out of Lok Sabha in protest as the prime minister was speaking.
ShareChat on Thursday said it has raised $502 million (about Rs 3,725 crore) in funding led by Lightspeed Venture Partners and Tiger Global, valuing the homegrown social media platform at over $2.1 billion. Snap Inc (which owns photo-messaging app Snapchat) and existing investors Twitter and India Quotient, among others, also participated in the funding round in Mohalla Tech, the parent company of ShareChat and short video app, Moj. Founded in 2015, Mohalla Tech has raised over $766 million across six fundraising rounds.
The ministry of electronics and information technology (MeitY) in a press release revealed that the Ministry's Secretary, in a virtual interaction with Twitter officials, expressed his deep disappointment to Twitter leadership about the manner in which it has unwillingly, grudgingly and with great delay complied with the substantial parts of the order.
Take a look at top picks of all 10 IPL teams
On Wednesday, Swiss business tycoon Hansjoerg Wyss said he was one of three people who had been approached by Abramovich to buy the club.
The channel's contention is that the top bosses in CA gave preference to the wishes of the BCCI, the sport's most powerful governing body, as well as its other domestic broadcasting partner Foxtel.
Yuri Alemao, Altone D'costa and advocate Carlos Alvares Ferreira, the three Congress MLAs who didn't join the eight of their former party men in jumping ship speak up about their decisions and their motivations to stay with the 137-year-old Congress.
The defence ministry said 10 helicopters will be for the Indian Air Force and five will be for the Indian Army.
India will have 1 billion smartphone users by 2026 with rural areas driving the sale of internet-enabled phones, a Deloitte study said on Tuesday. India had 1.2 billion mobile subscribers in 2021, of which about 750 million are smartphone users. It is poised to be the second-largest smartphone manufacturer in the next five years. "The smartphone market is expected to reach 1 billion smartphone users by 2026," according to Deloitte's 2022 Global TMT (Technology, Media and Entertainment, Telecom) predictions.
HR Guru Mayank Rautela offers practical advice.
HR Guru Mayank Rautela offers practical advice.
The government is attempting everything it can to make sure that this does not happen, observes Aakar Patel.
Relationship problems? Let Love Guru help.
Based on whether you choose the aviation, Bhopal or LIC numbers, and on the official death toll (in the absence of any other verifiable number), the value of human lives lost in the pandemic would range from Rs 16,500 crore to Rs 94,000 crore, explains T N Ninan.
Claiming there were "condemnable, inappropriate and malicious contents" in the serial, Tamil Nadu IT Minister T Mano Thangaraj said the trailer released in social media was aimed at discrediting and distorting the historical struggle of the Eelam Tamils in Sri Lanka.
If a product claims to be 'Made with Natural Ingredients', this may mean that one ingredient is natural. However it does not mean the product is 100% natural, cautions Pavitra K, lead, new product development, True Elements.
Social media allowed them to connect even more directly with potential clients, and gave them multiple new marketing and outreach channels, explains Devangshu Datta.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
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