'If a taxpayer opts for the new tax regime once, he can only switch back to the old tax regime once in his lifetime.'
'Through volume numbers and unit sales one can see, we are not making a loss'
Several changes were made to the new income-tax regime in Budget 2023. The old income-tax regime was not tinkered with and is still available.
IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
Mamata's fangirl moment with Raveena... Bhumi meets Smriti... Ashwiny praises Saiyami...
In a letter to 40 union leaders, Union Agriculture Ministry Joint Secretary Vivek Aggarwal said the Centre is making all efforts with "an open heart" to find an appropriate solution to resolve all the concerns raised by farmers.
As much as 35 per cent to 40 per cent of all vehicles sold in the country across segments will be electric by 2030, up from a mere 2 per cent this year, says a Bain & Co report released today. This translates to 14-16 million new electric vehicles (EVs) selling in a year. The inflexion point, which is now being seen month on month in many segments (such as two-wheelers which hit around 4-5 per cent in December), will be more than visible in 2026, when 4-5 million EVs across segments are expected to be sold, accounting for 15-20 per cent of the total sales, says the report.
Cab aggregator Ola is laying off 1,400 staff from rides, financial services and food business as revenues declined by 95 per cent in the last two months due to coronavirus pandemic, a note by CEO Bhavish Aggarwal said. In an email to employees, Aggarwal made it clear that the prognosis ahead for the business is "very unclear and uncertain" and the impact of this crisis is "definitely going to be long-drawn for us".
Gianiji had crafted his moves with the meticulous planning of a chess grandmaster. He did not know whether a checkmate was feasible, as his time was running out, but he wanted Rajiv Gandhi to smell the fear of loss. A fascinating excerpt from K C Singh's The Indian President: An Insider's Account of the Zail Singh Years.
Ola Electric on Thursday said it will bring its electric scooter to the Indian market in July this year, and is working on setting up a 'Hypercharger Network' to include one lakh charging points across 400 cities. Last year, Ola had announced a Rs 2,400 crore investment for setting up its first electric scooter factory in Tamil Nadu. Upon completion, the factory will create nearly 10,000 jobs and will be the world's largest scooter manufacturing facility that will initially have an annual capacity of 2 million units.
The Bengaluru-based firm competes with US rival Uber whose lukewarm IPO last year has contributed to the lag in valuation trend among the unicorns across the Indian start-up ecosystem.
The case was registered against him by the Punjab Police on April 12.
Due to the group's presence across multiple businesses, it is in a unique position in the aviation industry to bring the best of talents.
If you want to add this to your wardrobe, Namrata Thakker shows you how to do it right.
According to industry sources, domestic toy manufacturers are seeing a sharp rise in sales during the current financial year. On January 1, 2021, India had banned the sale of toys that are not certified by the Bureau of Indian Standards (BIS). This meant that all factories churning out toys to be sold in India had to be certified by the bureau along with mandatory product testing, including for units abroad.
'Kashmir came out as a theme that appealed to her and instantly it also hit a home run with all of us.'
Presenting Amit Aggarwal's latest fashion edit, First Light.
Presenting Amit Aggarwal's latest couture line inspired by nature.
Malayalam cinema isn't the same as Telugu or Tamil, but Bollywood's blanket approach fails to see the distinction in Selfiee, observes Sukanya Verma.
In a three-page letter written to 40 farmer leaders, Joint Secretary in the Ministry of Agriculture and Farmers' Welfare Vivek Aggarwal said, 'I again request you that the government has been discussing all issues with open heart and good intention to end the protest, and will continue to do so. Kindly suggest a date and time (for the next round of talks).'
These include home, industrial development (mining), justice, labour, excise, environment conservation and climate change, disaster management and rehabilitation and civil aviation.
Bollywood stars have been posting lovely pictures on Instagram.
The CBI had arrested Sisodia last week in connection with alleged corruption in the formulation and implementation of the now-scrapped liquor policy for 2021-22.
Designer Amit Aggarwal turns to Nature for Inspiration.
The FIR was lodged at the Sector 20 police station on Thursday after the complainant, a Noida resident, alleged that her Amazon Prime account got hacked and the problem remains unresolved despite assurance from Amazon boss Jeff Bezos, an official statement said.
The mayor and deputy mayor of Delhi will be elected on Tuesday by the second municipal House after the December 4 civic polls.
Join cardiologist Dr K K Aggarwal on Rediff Chat and have all your queries on Coronavirus answered.
After a meeting of the Group of Ministers on coronavirus, the government has proposed a set of social distancing measures to be in force till March 31, the officials told reporters.
Khattar had made the remark at a BJP Kisan Morcha meet, a video of which had surfaced on social media, with farmers bodies alleging that he was telling party supporters to "pick up sticks" against farmers protesting the Centre's agriculture laws.
While investing in PPF, investors must remember to put in the money at the right time to maximise the return they earn from it.
Even as the semiconductor shortage has limited the demand for new cars, the pre-owned car segment is seeing a surge. A preference for personal mobility, availability of multiple organised online platforms, including e-commerce channels, aggregators, and classifieds, have been fuelling growth. The growth rate of the pre-owned car market is expected to be 1.5x that of the new car market over the next five years.
The report suggests that one of the major impacts of COVID-19 on the media and entertainment industry is the instability caused and the downfall in the advertising revenues across all media segments
However, in some markets of the city meat is anyways not sold on Tuesdays as this day of the week is considered auspicious by many Hindus.
'But extremely difficult, expensive and time consuming to rebuild it.'
'Spends are likely to increase from the current levels because recovery is yet to fully be over.'
If you have seen Zwigato, Param Kumar's story will sound familiar. Laid off from his job as a repairman at a Gurugram-based water purifier provider, he now delivers groceries and food for a mobile-based delivery app, in Delhi. Kumar, who started making deliveries last August, told Business Standard that he is working longer hours than his older salaried job as an RO repairman, and has no paid leaves or health insurance. Kumar is part of India's estimated 7.7 million-strong force of gig workers.
Justice Rekha Palli issued notice to the Delhi government and sought its stand on whether it can provide the second dose of Covaxin to those who got the first jab, before expiry of the incubation period of six weeks between the two doses.
Kajal smiles, Preity enjoys the snow, Vicky is busy working...
A special CBI court on Monday remanded Delhi Deputy Chief Minister Manish Sisodia in five-day custody of the central probe agency till March 4, a day after his arrest in the excise scam case.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances