Dept to focus on real estate, infra, mining and manufacturing to detect evasion.
NSEL, promoted by Jignesh Shah-led Financial Technologies (India) Ltd, is facing the problem of settling Rs 5,500 crore.
While Vodafone will hold 45.1% of the shares in the new entity, to be renamed at a later stage, Kumar Mangalam Birla and other promoters of Idea group will hold 26%. Vodafone India will also transfer 4.9% of its shareholding to Idea's promoters for a cash consideration of Rs 38.74 lakh crores.
'In the time I have been an Indiawallah, I have seen three US Presidential visits to India, nuclear sanctions, nuclear cooperation, a border conflict with Pakistan, the growth of IT services, a government losing a confidence vote, and so much more,' Rick Rossow, the new Wadhwani Chair in US-India Policy Studies tells Rediff.com's Aziz Haniffa.
If currency controls are maintained indefinitely, popular support for Narendra Modi's demonetisation will turn into dislike, warns Devangshu Datta.
Three businessmen disclose their success mantras: One belongs to an old Marwari family, another is a second generation industrialist whose father scripted an amazing rags-to-riches story and the third was a professional till one day he succumbed to the charms of entrepreneurship.
Prime Minister Manmohan Singh departed for an official visit to the United States on Wednesday morning in what could be a last opportunity to recover his crumbling legacy. A host of issues are tied to what could be accomplished on this trip; that the stakes are high is evident from how carefully the government is downplaying whether or not anything can be accomplished.
About 35 per cent rural households in states like Uttar Pradesh, Madhya Pradesh, Bihar, Odisha and Assam still lacked access to power supply
'Decisions on nuclear power have so far been taken by a small select group, primarily interested in profiteering from their actions, stating 'secrecy' as necessary from the national security point.' 'This argument is false, because we are dealing with the 'civilian' nuclear power sector, which is open even to the IAEA,' says Dr A Gopalakrishnan, former chairman of the Atomic Energy Regulatory Board.
Sesnsex ended the day flat on heavy selling pressure.
'In FY21, as of October, LIC has booked a profit of Rs 18,800 crore through sale of equities.'
The industry employs about 10 million workforce.
'I have started a series called Unsung Warriors.' 'This time, the film is about Tanhaji. The next film will be on someone from Rajasthan or maybe Punjab.' 'I don't want to pick a warrior that everyone knows about.'
The Government on Friday managed to have its way in the Joint Parliamentary Committee on 2G scam when the panel approved the draft report giving a clean chit to Prime Minister Manmohan Singh and Finance Minister P Chidambaram with a 16-11 vote in its favour.
The GoM will meet on Saturday to finalise single-stage, simplified, return filing under the GST; report will be placed before GST Council on March 10.
'What's on offer for India is to establish a production line here that would be the world's only production line.'
Supreme Court allows more instruments to use the biometric card.
Firms are offering employees flexi hours; demand for air purifiers, masks have skyrocketed.
AIADMK supremo and Tamil Nadu Chief Minister Jayalalithaa on Wednesday restructured the party's apex body.
Estimates suggest subsidy outgo on these proposals would be at least Rs 1,000 crore
Did you know that India is among the top five countries in food processing?
'India is the number one IT destination in the world as we have the largest number of IT professionals in the world.'
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
For the past few weeks, the government has been in an overdrive, pushing stuck projects with the larger aim to improve the country's economic growth, which had fallen to a four-year low of 4.4 per cent in the first quarter of this financial year.
Private hospitals can charge up to Rs 250 per dose of COVID-19 vaccine, official sources said on Saturday as India prepares to vaccinate people aged above 60 years and those over 45 with comorbidities from March 1.
The two countries also signed three other agreements -- to enhance aviation links, to jointly work in the area of energy efficiency and promotion of parliamentary cooperation.
Former Telecom Minister A Raja on Tuesday told a Delhi court that former Prime Minister Manmohan Singh and Cabinet members were "completely under confusion" created by "vested interests" about policy and procedure of Department of Telecommunication in allocating the 2G spectrum.
'The government's proposal to store citizens' data including Aadhaar data under its Digital India initiative on cloud is violative of the citizens' human rights because the cloud is admittedly beyond India's jurisdiction.'
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Government seeks stakeholders' comments by Jan 30 on discussion paper.
If you receive an email claiming to be from the income tax department that there's an outstanding tax demand that you need to pay immediately, don't get alarmed. Get cautious.
Some of the policy measures announced are expected to go a long way in removing current challenges on financing faced by businesses and also increasing economic activity, especially in areas of construction and manufacturing.
'A mother, a farmer and cattle owner, all have valuable knowledge, but academia has failed to acknowledge their wisdom.'
India Meteorological Department has predicted deficient rains.
It may not be an exaggeration to say that in the next three years, in India itself a million jobs or more might be at risk due to automation. How we leverage its benefits will determine our fate in the digital era.
This doesn't mean the Sangh will do away with its trademark khakhi shorts, white shirt and black cap, or its core shakha-setup.
13 out of the world's 20 most polluted cities are in India. Most shockingly, the latest Central Pollution Control Board statistics reveal that the pollution levels in Gwalior, Raipur and even little known Kashipur are higher than that of Delhi which means we have some of the most polluted zones in the world.
The 16-digit randomly generated number by the Aadhaar system was supposed to be introduced by the UIDAI on March 1 and mandatorily deployed by companies using Aadhaar by June 1.
Calling India an indispensable partner for the 21st century, United States Secretary of State John Kerry said on Monday the dynamism and entrepreneurial spirit of this bilateral relationship is needed to solve some of world's greatest challenges.
Both groups warn of initiating strict actions, issue public notices.
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