A 15 per cent corporate tax rate for services companies in SEZs, setting up a fund for deep-tech startups and establishing clusters to demonstrate design-to-manufacturing capabilities of tech firms were some of the key demands made by the IT sector at the pre-Budget consultation on Monday. The participants shared their views and suggestions regarding Big Data, incentives for encouraging setting up of data centres, fiscal incentives for data localisation, incentives for pushing digital penetration in rural areas, and corporate guarantee to startups for competing with other nations.
New York Mayor Bill de Blasio has announced the appointment of Nisha Agarwal, one of the leading advocates in the city for the immigrant communities, as commissioner of the Mayor's Office of Immigrant Affairs.
Recently, Sebi has revised the Code of Corporate Governance for listed companies significantly. Most revisions are in sync with the provisions in the Companies Act 2013, though some norms are stricter than those in the Companies Act 2013.
There is growing alarm at the inexorable rise of China, both of its military prowess and its aggressive bullying of other countries plus its subjugation of whole portions of its own population.
If push comes to shove, Trump is probably planning to order the US army to clear his path for a second term. What if the armed forces refuse to obey their commander-in-chief?, asks Ambassador M K Bhadrakumar.
Besides Mallya, his companies Kingfisher Airlines and United Breweries Holdings Limited have also been named as accused
The government will "play by the rule book" and make sure that absolute standards of probity are maintained, Finance Minister Arun Jaitley said as the Opposition continued its attack over the Lalit Modi controversy.
Most analysts, who have long stopped covering UB stocks because of continuing troubles, were surprised to see a sudden spike of up to 20 per cent in their share prices on Tuesday.
A summary of sports events and persons who made news on Tuesday
The bill, however, has to be passed by the Senate, wherein the Republicans enjoy a majority, before it can be signed into law by the US President Donald Trump.
Ranaut, who had said she feared Mumbai Police after the death of actor Sushant Singh Rajput and likened the Maharashtra capital to Pakistan occupied Kashmir, thanked Union Home Minister Amit Shah and declared that no one could crush a patriot.
The project is awaiting clearances from the DGCA.
Penalties for undisclosed foreign income and assets extend up to 300%.
The SIT on black money on Tuesday sought update from multiple probe agencies on the role of Lalit Modi in alleged financial irregularities in the T-20 cricket tournament.
Parliamentary panel seeks 5-yr jail term and penalty of up to Rs 50 lakh if a celebrity-endorsed product misfires
Sahara chief Subrata Roy may not come out clean in the biggest ever investment fraud that he allegedly did few years ago.
Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.
Though General Naravane's visit will not deal with 'impermanent' issues like the changing stands of politicians, it will certainly reinforce the deeper 'permanent' links between the people of Nepal and India. Time will hopefully tackle the present impermanence of the Sino-Nepalese romance, notes Claude Arpi.
'A close relationship between India Inc and the government cannot help the BJP win elections.' 'While Opposition parties may feel good about Mr Bajaj criticising the Modi regime, the BJP should be seeing the indictment as a political boon,' says A K Bhattacharya.
Nikita Puri and Dhruv Munjal explain why new-age businessmen are turning to exclusive, uber-rich clubs.
There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.
The so-called soil scam has left Lalu alone in the Mahagathbandhan.
The allegation against Khan is that he had applied to purchase the agricultural land for farming but constructed a farmhouse for personal use instead.
Nirmala Sitharaman said Nirav Modi may have been able to run away from the country, but the government is taking action against him, and claimed that it will "surely nab him".
His current predicament stems from a combination of personal failing and circumstance
The Ministry's decision comes more than a year after the payment scam at NSEL came into light in July 2013.
The ministry of civil aviation has recommended three levels of unruly behaviour by passengers, each with a different duration of ban on flying.
Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.
Eleven companies, which owe the bank Rs 843 crore, are untraceable.
A new Section prohibits banks to lend money to smaller subsidiaries companies despite Corporate Guarantee from the parent.
The onus is on companies to put in place a vigil mechanism to detect and deter fraud.
A summary of sports events and persons who made news on Thursday.
With the home ministry rejecting the renewal of broadcast licences to Sun group, is it end of the road for Maran brothers? R Ramasubramanian reports from Chennai.
Negotiations on with three brokers holding 5% of about Rs 5,500-crore (Rs 55 billion) overall dues
'Both India and Japan can find themselves in a win-win situation if they draw some lessons from each other's strengths,' says Dr Rajaram Panda.
BJP MP Kirti Azad on Sunday alleged that lots of companies were given crores of rupees by the DDCA and contracts were given out to fraud companies without any verification.
A British judge found on Thursday that Bernie Ecclestone had paid bribes to a German banker as part of a "corrupt agreement" linked to the 2005 sale of a stake in Formula One - an issue at the heart of Ecclestone's forthcoming bribery trial in Germany.
Barring Sri Lanka's Kumar Sangakkara, all players have declared their allegiances to IPL franchises over their respective countries' domestic sides ahead of the upcoming Champions League Twenty20.
There's a certain amount of drama to the profession. Sample these taglines: 'We can see the unseen'; 'I can plant my detective in your guest bedroom.' One agency has even ensured that all its phone numbers end in '007'.
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