As many as 44 shareholders of Flipkart sold their holdings to Walmart. The income tax law requires the buyer to withhold tax while making payment to the sellers, in case they are not exempted from levy of capital gains tax.
Maharashtra has now 1,46,129 active cases.
PS banks need to pull up their socks to improve cash flows.
India is ready, after battling the pandemic for two years, to travel once again.
The farmers' tractor rally - Kisaan Parade - against the farm laws was expected to be held after 12 pm. However, huge crowds gathered on the borders at around 8 am.
The "intentions and motive" behind filing of the plea are evident from the fact that the instant project has been singled out by the petitioners despite several other agencies, including Delhi Metro, carrying out construction activities across the national capital, the Centre has alleged.
Is anyone in the BJP listening -- to what Nitin Gadkari had to say, but possibly left unsaid? asks N Sathiya Moorthy.
'An entrepreneur should always remain under pressure or he will die,' Vineet Rai tells Anjuli Bhargava.
The Sichuan-Tibet Railway will be the second railway line into Tibet after the Qinghai-Tibet Railway project. It will go through the southeast of the Qinghai-Tibet Plateau, one of the world's most geologically active areas, according to the Chinese official media.
The army, air force and navy will all benefit from the defence ministry's approval of 'Make in India' equipment.
Twenty-four people, most of them attending a funeral, were killed and 17 others injured when the roof of a shelter at a cremation ground in Uttar Pradesh's Muradnagar collapsed on Sunday, police said.
Borat being Borat, a girl juggling between suitors, a kid making a trip to the moon, a father and daughter spying over the latter's husband, Sukanya Verma makes her recommendations on the OTT for this week.
Thousands of farmers, mainly from Punjab and Haryana, are protesting at various borders of the national capital for more than a month against the laws and are demanding that these be repealed.
2,138 firms deposited unaccounted Rs 5,000 cr in zero-balance accounts during the note ban
Rediff.com encapsulates all the sporting action from the past week in this eye-catching photo feature.
'Without appropriate supervisory constraints in place, banks are in a position to delay the recognition of losses and engage in ever-greening or zombie lending, which is essentially the rolling over of debts of unviable borrowers that would have otherwise defaulted,' points out RBI Deputy Governor Viral Acharya.
Modi said India has taken an important step forward in protecting its youth population against the disease.
Officials working in the building will not be allowed inside the premises from Sunday.
Check out which monuments make the most money for the government.
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
The Tata group may have to deploy upwards of $1 billion to improve the airline's passenger reservation system, upgrade and refurbish Air India's fleet, primarily the wide-body aircraft which are the mainstay for the airline's international operations, people in the know said. While the group has not yet decided on how it intends to integrate Air India with its existing airlines AirAsia India and Vistara, sources said the first task will be to refinance Air India's existing loans, upgrade its aircraft gradually, and rewrite multiple business contracts with vendors and suppliers. "They will have to do 100 things to stabilise the airline and will have to put in a lot of money," DIPAM secretary Tuhin Kanta Pandey said, confirming that many aircraft are grounded.
Victory in Ramadi deprives Islamic State militants of their biggest prize of 2015.
The Chinese foreign ministry said on Tuesday that majority of the imported cases are the Chinese nationals returning from abroad.
Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.
'The manufacturing sector and the capital goods industry need all the support that the government can provide, because they are working in a global market where trade restrictions are coming down every day,' says Amar Kaul.
It was in January 1988 when Delhi Police arrested an advocate named Rajesh Agnihotri, after he was apprehended by the students of St Stephen's College for allegedly stealing from a ladies common room.
The overall confirmed cases on the mainland reached 80,735 by the end of Sunday which included 3,119 people who have died so far.
The government has readied a big legislative agenda for the Monsoon Session of Parliament beginning Monday even as the Opposition is raring to corner the ruling dispensation over a host of issues, including handling of the second wave of COVID-19, rise in fuel prices and farmers' stir.
A five-member Indian parliamentary delegation has arrived here in the Sri Lankan capital on a four-day trip to hold bilateral talks. The delegation is scheduled to visit Tamil-dominated Jaffna city, the capital of Sri Lanka's Northern Province, the Indian High Commission in Colombo said on Tuesday.
Or a brief stop on the way to better times, asks Ajit Balakrishnan.
The action group will be known as Parliamentarians with Innovators for India (PIIndia.org), which aims to spur innovators to solve challenges in areas such as public health, economy, and livelihood. While the 14 parliamentarians come from different states and across party lines, the group has organisations like Population Foundation of India, Centre for Policy Research, Omnicuris, apart from top experts in public health and policy.
'Stick to the known quality names, avoid short term thinking and don't be in a hurry to book profits on your winners.'
China is now the most significant strategic concern in Washington, as in most of the world's capitals, especially the democracies. Today, strategic autonomy has acquired a sharper definition: To ward off the Chinese challenge to India's territorial integrity, sovereignty and regional stature, observes Shekhar Gupta.
Twenty years after India's insurance sector was opened up, unshackling the control of state-owned companies, as many as 50 private players have set up shop. Along with their foreign partners, private players have brought about a sea change in the product offering, distribution and underwriting processes, and services levels. Yet, India's insurance penetration needle has not moved much.
'With over 50 per cent of medical seats reserved for those who have the ability to pay a fee ranging from Rs 50 lakh to Rs 1.5 crore for a five-year MBBS course and quotas in accordance with affirmative policies in government colleges, the band of seats available for the not-so-rich and non-OBCs is very narrow.'
Rediff.com's Abhishek Mande reports from the site of a fire which engulfed parts of a building at Bandra Kurla Complex in Mumbai.
The lower yield is better for property landlords as it indicates an appreciation in the capital value of the property, says Raghavendra Kamath.
To help revive the economy battered by COVID-19, Finance Minister Nirmala Sitharaman on Monday announced a slew of measures, including Rs 1.1 lakh crore credit guarantee scheme for improving health infrastructure, and enhancing the limit under the ECLGS by 50 per cent to Rs 4.5 lakh crore for the MSME sector facing liquidity crunch. Sharing the details of stimulus package, the finance minister said this comprises eight relief measures and other eight measures to support the economic growth. She announced Rs 1.1 lakh crore loan guarantee scheme for COVID-affected sectors, including health sector, which includes guarantee cover for expansion or for new projects. Besides, she said, additional Rs 1.5 lakh crore limit enhancement done for Emergency Credit Line Guarantee Scheme (ECLGS) scheme.
The National Company Law Tribunal on Tuesday approved the Jalan-Kalrock Consortium's resolution plan for the bankrupt Jet Airways.
Plans that had been almost a decade in the making were shredded as the COVID-19 pandemic forced the IOC and Japanese government to take the unprecedented decision to postpone the Olympics for a year.
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