Search results for 'Internal Revenue Service'

5 CRITICAL skills for IT professionals

5 CRITICAL skills for IT professionals

Rediff.com12 Apr 2021

A candidate with good communication skills, critical thinking and problem solving abilities will have a higher chance of being hired.

K'taka stops trains for migrants after CM meets builders

K'taka stops trains for migrants after CM meets builders

Rediff.com6 May 2020

Several migrants in Bengaluru were desperate to return home as they were out of job and money.

Nutanix bets big on govt clients, defence projects after Nasdaq debut

Nutanix bets big on govt clients, defence projects after Nasdaq debut

Rediff.com31 Dec 2019

In India, the company serves customers such as stock exchanges, brokers, non-banking financial companies, financial services and insurance, IT and IT-enabled services.

Reliance Ebitda back to pre-pandemic levels: Moody's

Reliance Ebitda back to pre-pandemic levels: Moody's

Rediff.com25 Jan 2021

Billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) has seen pre-tax profit recover to pre-pandemic levels on the back of continued growth in consumer businesses, Moody's Investors Service said on Monday. The oil-to-retail-to-telecom behemoth on Friday reported a 0.7 per cent Ebitda (earnings before interest, tax and depreciation and amortisation) growth for the quarter ended December 31, 2020, compared with the corresponding quarter in the previous year. "A strong performance in digital services and retail segments underpinned the improvement in consolidated earnings, a credit positive," Moody's said commenting on the earnings. Continued growth in earnings combined with the company's strong balance sheet with zero net debt on a reported basis will keep Reliance's credit metrics strong for its Baa2 rating over the next 12-18 months, it said.

'Aviation ministry's role doesn't end with Air India'

'Aviation ministry's role doesn't end with Air India'

Rediff.com16 Feb 2022

'Government shouldn't be in the business of running airlines, instead it should develop the ecosystem of civil aviation.'

Tata's Chandra: 'We're adapting to the new normal'

Tata's Chandra: 'We're adapting to the new normal'

Rediff.com7 Jul 2020

We are adapting to the situation by innovating new delivery modelss, launching brand campaigns that are impactful in the current context and closely monitoring changes in consumer buying behaviour, he said.

Why Facebook and Google are under I-T scanner

Why Facebook and Google are under I-T scanner

Rediff.com17 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.

Ola's COO and CFO to exit firm amid its plans to go public

Ola's COO and CFO to exit firm amid its plans to go public

Rediff.com20 Oct 2021

Mobility company Ola's chief financial officer Swayam Saurabh and chief operating officer Gaurav Porwal are leaving the company. These developments come at a time when the SoftBank-backed company's core ride-hailing unit is planning to go public and for which it raised $500 million from Warburg Pincus and Temasek in July this year. These investment firms had partnered with the company founder Bhavish Aggarwal for this round.

Jio Fiber to be launched on September 5. Here are the details

Jio Fiber to be launched on September 5. Here are the details

Rediff.com12 Aug 2019

Declaring that the plans will come at less than one-tenth of global rates, Ambani said Jio Fiber plans will be priced between Rs 700 to Rs 10,000 per month "to suit every budget".

Coronavirus scare: Vistara to cancel 54 int'l flights in March

Coronavirus scare: Vistara to cancel 54 int'l flights in March

Rediff.com26 Feb 2020

With respect to the cancelled flights, customers can opt for a full refund or alternative travel dates free of cost.

Lesser-known firms set to make a mark in oil and gas sector

Lesser-known firms set to make a mark in oil and gas sector

Rediff.com22 Jun 2021

India may soon see a new set of oil barons with lesser-known companies venturing into crude oil and natural gas production. These new kids on the block have come up through a mix of entrepreneurial grit and backing from oil industry veterans. Nippon Power, South Asia Consultancy, PFH (Poddar Family Holdings) Resources and Chennai-based Adbhoot Estates could be the first ones to start production from blocks awarded during the first round of Discovered Small Field (DSF-1) auctions. Adbhoot is in a 50:50 joint venture with the Bombay Stock Exchange-listed Hindustan Oil Exploration Company that has some five oil producing assets and over 10 blocks across the country.

Post devaluation, Quikr is no longer a unicorn

Post devaluation, Quikr is no longer a unicorn

Rediff.com20 Feb 2020

Major shareholder Kinnevik, a Swedish investment firm, devalued Quikr by 45%, referring to the exaggerated revenue resulting from fraudulent transactions that rocked the company. Quikr is now valued at about $577 million.

Lockdown has also hit liquor manufacturers

Lockdown has also hit liquor manufacturers

Rediff.com9 Apr 2020

Shutting of stores had not stopped alcohol sales. On the contrary, it had increased black market operations and peddling of illicit hooch, which could cause death/serious injury.

Canada court orders seizure of Air India, AAI assets over dues

Canada court orders seizure of Air India, AAI assets over dues

Rediff.com4 Jan 2022

A court in Canada has ordered the seizure of amounts collected by the International Air Transport Association (IATA) on behalf of Air India and the Airports Authority of India (AAI). Separate orders were passed on November 24 and December 21 on pleas by shareholders of Devas Multimedia Private Limited who have filed multiple petitions to enforce arbitration awards against the Indian government. According to a Devas spokesperson, more than $30 million has been seized to date under the IATA action.

Why is Vistara making such huge losses?

Why is Vistara making such huge losses?

Rediff.com25 Sep 2020

Market estimates suggest the airline has already totted up Rs 1,800 crore of losses in FY20, and FY21 is expected to see losses in the region of Rs 2,500 crore to Rs 3,000 crore Many in the sector say that Vistara lacks the light-footedness of the airlines with which it competes, reports Anjuli Bhargava.

Your flight check-in will never be the same again

Your flight check-in will never be the same again

Rediff.com26 Apr 2020

Extended check-in time, frequent disinfection every hour, additional queue managers at entry, exit, boarding point, check-in halls, security check areas and boarding gates, with social distancing markers and reminders - welcome to our airports post-coronavirus.

'Google tax' may be deferred till September

'Google tax' may be deferred till September

Rediff.com14 May 2020

E-commerce giants such as Amazon, Netflix and Flipkart, whose headquarters are not in India, potentially have to pay the additional levy of 2 per cent from April 1.

FIFA's Blatter faces division and suspicion as fifth term begins

FIFA's Blatter faces division and suspicion as fifth term begins

Rediff.com30 May 2015

FIFA President Sepp Blatter began his fifth term at the helm of football's governing body on Saturday facing the daunting task of restoring public faith in an organisation tainted by allegations of corruption and deeply divided over his re-election.

All Jet Air passengers won't get free meals on domestic flights

All Jet Air passengers won't get free meals on domestic flights

Rediff.com20 Sep 2018

Under the fare policy announced, domestic passengers opting for lowest fares will not be served complimentary meals

Ficci draws up the roadmap for Unlock 3.0

Ficci draws up the roadmap for Unlock 3.0

Rediff.com27 Jul 2020

The industry chamber is in favour of reopening schools and educational institutions, allowing foreign carriers to operate, permitting usage of restaurants and eateries in hotels, opening up of cinemas and multiplexes, and reopening metro rail services.

Covid-19 may take away 200,000 IT jobs in India

Covid-19 may take away 200,000 IT jobs in India

Rediff.com4 Sep 2020

The sector will see a minimum of 3-5 per cent of the weight being shed in almost every IT company - particularly the big 20 - because of Covid and not performance-related issues.

HR Guru: Why do freshers get less salary hike?

HR Guru: Why do freshers get less salary hike?

Rediff.com1 Sep 2022

HR Guru Mayank Rautela offers practical advice.

Indian Unicorns Boom

Indian Unicorns Boom

Rediff.com29 Jul 2021

India is currently home to 52 unicorn startups and one of the fastest-growing startup ecosystems.

Who will buy Citi's consumer business?

Who will buy Citi's consumer business?

Rediff.com24 May 2021

The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay.

After fresh hike petrol costliest in Parbhani, diesel costliest in Chittoor

After fresh hike petrol costliest in Parbhani, diesel costliest in Chittoor

Rediff.com6 Apr 2022

Petrol and diesel prices were hiked by 80 paise a litre each on Wednesday, taking the total increase in rates in 16 days to Rs 10 per litre.

As India learns to 'live' with COVID-19, hospitals brace for new normal

As India learns to 'live' with COVID-19, hospitals brace for new normal

Rediff.com12 May 2020

Most feel as the movement of people normalises, the in-patient volumes in hospitals will grow and by the end of May, occupancy should be around 50 per cent, and 75 per cent over a period of time.

Indian DJ changes the way Hong Kong parties

Indian DJ changes the way Hong Kong parties

Rediff.com21 Sep 2017

She spins Bollywood tracks when she's not doing her investment consultant job.

With aircraft deal, Jet deepens pact with Etihad

With aircraft deal, Jet deepens pact with Etihad

Rediff.com28 May 2013

The airline has already decided to lease out an A330 to Etihad and plans to lease out two more this year.

How Uniphore Became A Unicorn

How Uniphore Became A Unicorn

Rediff.com26 Aug 2022

'I told myself, I will be 23 next year. Why can't I be a billionaire too?'

IT sector slowdown to hit mid-caps badly

IT sector slowdown to hit mid-caps badly

Rediff.com21 Sep 2016

Most of the large mid-caps share similar business model as the large-caps and have more of less similar set of clients.

India's 2022 GDP growth downgraded to 4.6%

India's 2022 GDP growth downgraded to 4.6%

Rediff.com24 Mar 2022

India's projected economic growth for 2022 has been downgraded by over two per cent to 4.6% by the United Nations, a decrease attributed to the ongoing war in Ukraine, with New Delhi expected to face restraints on energy access and prices, reflexes from trade sanctions, food inflation, tightening policies and financial instability, according to a UN report released on Thursday. The UN Conference on Trade and Development (UNCTAD) report downgraded its global economic growth projection for 2022 to 2.6 per cent from 3.6 per cent due to shocks from the Ukraine war and changes in macroeconomic policies that put developing countries particularly at risk. The report said while Russia will experience a deep recession this year, significant slowdowns in growth are expected in parts of Western Europe and Central, South and South-East Asia.

'It's a great time for India's movie business'

'It's a great time for India's movie business'

Rediff.com24 Jun 2021

'There is a lot of money coming into the business, people are consuming a lot of content, there is no dearth of new films and shows coming out of India and being available worldwide.'

How to make filing income tax returns easier

How to make filing income tax returns easier

Rediff.com28 Apr 2015

Taxpayers might face several issues while filing returns this year.

Top Mumbai realtors turn to redeveloping properties

Top Mumbai realtors turn to redeveloping properties

Rediff.com16 Aug 2021

Leading property developers, such as Oberoi Realty, Tata Realty and Infrastructure, and Hiranandani, have turned to redevelopment of existing buildings in the expensive parts of Mumbai as a way of augmenting revenue. Experts estimate that Mumbai's redevelopment projects could be worth Rs 30,000 crore. As such, they are not new. What is new is that the big developers are interested in them. Leading the race is Oberoi Realty, which has set up a separate team for these projects.

Why Tata's buyout of Air India makes sense

Why Tata's buyout of Air India makes sense

Rediff.com10 Sep 2020

The industry is hoping the Tatas deepen their dive and offer two stable airlines -- a Vistara merged into Air India servicing the international routes, and an AirAsia India merged with Air India Express that competes with the low fare airlines in India and offers destinations within five hours, says Anjuli Bhargava.

FY21 GDP shrank 7.3%, worst contraction in 4 decades

FY21 GDP shrank 7.3%, worst contraction in 4 decades

Rediff.com31 May 2021

India's economy grew by 1.6 per cent in the fourth quarter of 2020-21, restricting the full-year contraction to 7.3 per cent, official data showed on Monday. The fourth quarter growth was better than the 0.5 per cent expansion in the previous October-December quarter of 2020-21. The gross domestic product (GDP) had expanded by 3 per cent in the corresponding January-March period of 2019-20, according to data released by the National Statistical Office (NSO).

IT firms are still hiring freshers

IT firms are still hiring freshers

Rediff.com4 Nov 2020

'Our focus on fresher induction is high, given that they come in with certain advantages.' 'They do not have an unlearning process as seen in senior employees.'

FMCG cos see double-digit sales growth in Q1

FMCG cos see double-digit sales growth in Q1

Rediff.com5 Jul 2021

Leading FMCG companies in the country are expecting their sales growth numbers in high double digit in the April-June quarter, a period when the broader market was severely impacted by the second wave of the COVID-19 pandemic. FMCG companies such as Godrej Consumer Products Ltd (GCPL) and Marico, in their quarterly updates to bourses, informed about double-digit sales growth. While Tata Consumer Products Ltd (TCPL) MD and CEO Sunil D'Souza in an interview had told PTI, the Tata Group FMCG firm expects higher growth in the Q1/FY'22 over Q4/FY'21.

Should you invest in these 5 stocks?

Should you invest in these 5 stocks?

Rediff.com26 Aug 2020

These five stocks, which have lagged the markets over the last two years, have doubled in value since March 23.

IndiGo confident of operating at 50% capacity

IndiGo confident of operating at 50% capacity

Rediff.com17 Jun 2020

With 262 planes, IndiGo operated over 1,500 daily flights prior to March 24 but is now operating around 350 scheduled flights a day, which is putting a pressure on its finances.