News for 'Directorate Revenue Intelligence'

India Inc still reeling under the menace of data theft

India Inc still reeling under the menace of data theft

Rediff.com9 Oct 2019

Around 41 per cent of these companies saw such instances, compared to the global average of 29 per cent. India's number is higher than other countries such as the United States (26 per cent), the United Kingdom (32 per cent) and Japan (27 per cent). It is also worse than other emerging markets. China had 39 per cent of firms affected by data theft. It was 19 per cent and 16 per cent for Brazil and Russia, respectively.

Raid row intensifies: Congress, AAP demand Jaitley's resignation

Raid row intensifies: Congress, AAP demand Jaitley's resignation

Rediff.com16 Dec 2015

In a further escalation of the confrontation between the Congress and the government, the opposition party claimed that a committee constituted by the Delhi government has found 'gross financial irregularities' in the DDCA during that period.

iPhone 13 to go on sale in India from September 24

iPhone 13 to go on sale in India from September 24

Rediff.com15 Sep 2021

The wait for the new iPhone is over as the tech giant Apple officially launched its new iPhone 13 and iPhone 13 Pro on September 14.

Post BJP ridicule, Central excise drops service tax notice for Modi rallies

Post BJP ridicule, Central excise drops service tax notice for Modi rallies

Rediff.com18 Feb 2014

An embarrassed Central Excise Department on Tuesday hastily withdrew notices sent to four Bharatiya Janata Party offices demanding service tax on prime ministerial candidate Narendra Modi's rallies after angry reaction from the main opposition party which questioned the government's motive.

Brexit tremor hits Infosys

Brexit tremor hits Infosys

Rediff.com16 Aug 2016

Takes a knock after RBS changes plan on Williams & Glyn; contract loss to impact 3,000 Infy staffers

Meru Cabs caught in a legal row over Rs 120-crore tax claim

Meru Cabs caught in a legal row over Rs 120-crore tax claim

Rediff.com11 Dec 2014

Meru Cabs, one of the first radio taxi services in the country, is contesting service tax notices sent to it since 2010 in the Bombay High Court.

Revealed! 628 Indians hold Rs 4,479-cr dirty money in a Swiss bank

Revealed! 628 Indians hold Rs 4,479-cr dirty money in a Swiss bank

Rediff.com12 Dec 2014

Out of these, no balance has been found in case of 289 accounts

DLF under scanner for alleged service tax evasion

DLF under scanner for alleged service tax evasion

Rediff.com28 Sep 2014

Real estate major DLF has come under the scanner of central revenue officials for allegedly evading service tax to the tune of about Rs 30 crore.

What does Nandan Nilekani have in store for Infy shareholders?

What does Nandan Nilekani have in store for Infy shareholders?

Rediff.com23 Oct 2017

Will Infosys, which will announce its Q2 results on Tuesday, be able to break away from the single-digit growth rates the IT services sector has been seeing?

Cloud kitchens: The future of India's food biz

Cloud kitchens: The future of India's food biz

Rediff.com27 Jul 2020

The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.

Byju's buys edtech start-up Whitehat Jr for $300 million

Byju's buys edtech start-up Whitehat Jr for $300 million

Rediff.com7 Aug 2020

Bajaj sold his 18-month-old start-up WhiteHat Jr to Byju Raveendran for $300 million in an all-cash deal - over the video conferencing platform Zoom. The deal is the biggest in the Indian edtech sector by far.

Major issues facing Team Modi

Major issues facing Team Modi

Rediff.com3 Jun 2019

Falling private sector investment and farm distress are problems that call for immediate attention, says T N C Rajagopalan.

The time is scary and exciting for the industry, say IT leaders

The time is scary and exciting for the industry, say IT leaders

Rediff.com13 Feb 2015

80% of incremental enterprise investment to be in digital technologies by 2020.

I-T dept collects over Rs 3,500 crore from non-filers

I-T dept collects over Rs 3,500 crore from non-filers

Rediff.com24 Mar 2015

The I-T department expects that some more revenue would be garnered.

RIL plant under lens for alleged excise duty evasion

RIL plant under lens for alleged excise duty evasion

Rediff.com6 Sep 2016

The case relates to alleged wrong classification of mixed xylene

Indian pharma exports report double-digit growth after 3 yrs

Indian pharma exports report double-digit growth after 3 yrs

Rediff.com3 May 2019

The only category of pharmaceuticals that showed a negative growth in exports this time was herbal products, exports of which stood at $299 million as compared to $ 312 million in the previous year.

Infosys extends Sikka's term, raises base salary to $1 million

Infosys extends Sikka's term, raises base salary to $1 million

Rediff.com26 Feb 2016

Infosys is steadily trying to get back its lost ground under Sikka.

Tech Mahindra secures large multi-year AT&T deal

Tech Mahindra secures large multi-year AT&T deal

Rediff.com6 Sep 2019

Together, AT&T and TechM aim to improve the agility in rolling out and supporting networks of the future, while improving returns on investment through technology-led transformation.

Firm part of PM's LS poll campaign under service tax scanner

Firm part of PM's LS poll campaign under service tax scanner

Rediff.com24 May 2016

A firm, which managed Prime Minister Narendra Modi's hugely successful Lok Sabha campaign, has come under the scanner of revenue authorities for alleged service tax evasion.

Looking at Panaya-like acquisitions, says Sikka

Looking at Panaya-like acquisitions, says Sikka

Rediff.com6 Mar 2015

Sikka reinforces focus on automation & artificial intelligence

Nirmalaji, the defence services need more money!

Nirmalaji, the defence services need more money!

Rediff.com31 Jan 2020

'The government must provide more funds to enable the armed forces to fight and win tomorrow's wars,' states Brigadier Gurmeet Kanwal (retd).

Infy to cut bench strength, increase automation

Infy to cut bench strength, increase automation

Rediff.com23 Feb 2016

Infosys has been aggressively embracing automation tools.

Indian software market up 10% to $4.7 bn

Indian software market up 10% to $4.7 bn

Rediff.com9 Apr 2014

Software market in India grew 10 per cent to $4.76 billion in 2013, driven by strong adoption of cloud or subscription-based services, research firm Gartner said.

Bihar's liquor problems: Far from over

Bihar's liquor problems: Far from over

Rediff.com13 Sep 2016

Prohibition is resulting in prisons getting overcrowded.

The new govt will have to make right appointments

The new govt will have to make right appointments

Rediff.com16 May 2014

One of the urgent tasks ahead for the new government should be to improve public trust in the executive.

Delhi Airport faces alleged service tax evasion charge

Delhi Airport faces alleged service tax evasion charge

Rediff.com24 Aug 2014

DIAL is a joint venture consortium of GMR Group, Airports Authority of India, Fraport and Malaysia Airports Holdings Berhad.

Panama papers: Govt sets up multi-agency probe team on money stashed abroad

Panama papers: Govt sets up multi-agency probe team on money stashed abroad

Rediff.com4 Apr 2016

Government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad.

Infosys will in no way become a product firm: Vishal Sikka

Infosys will in no way become a product firm: Vishal Sikka

Rediff.com4 Mar 2016

Vishal Sikka reiterates infy's commitment to surpass sector growth rate in FY17, be a $20-bn revenue firm in CY2020.

Small IT firms to step up hiring in US

Small IT firms to step up hiring in US

Rediff.com8 May 2017

To increase local talent mix in the US like their major peer Infosys

How co-op societies outsmart the taxman

How co-op societies outsmart the taxman

Rediff.com15 Dec 2016

Financial Intelligence Unit data show many of these societies have become the biggest draw for laundering money. Subhomoy Bhattacharjee reports.

Ashok Leyland goes on a digital drive

Ashok Leyland goes on a digital drive

Rediff.com26 Aug 2017

Leyland expects the digital drive to help tap its in-house strength as well as segments such as passenger cars and two-wheelers.

'Gross hiring by TCS will go down for FY17'

'Gross hiring by TCS will go down for FY17'

Rediff.com20 Apr 2016

'We are at a time and position that we do not need higher number of visas.'

Union Budget 2016: Who are the 'Jaitley Babus'?

Union Budget 2016: Who are the 'Jaitley Babus'?

Rediff.com19 Feb 2016

Senior New Delhi-based journalist R Rajagopalan, who has been closely following the Union Budget preparations since 1977, lifts the veil off India's most secretive operation.

Jaitley cries foul over service tax notice for Modi's rallies

Jaitley cries foul over service tax notice for Modi's rallies

Rediff.com18 Feb 2014

In a furious post on his blog, senior Bharatiya Janata Party leader Arun Jaitley on Tuesday slammed the Congress for allegedly using the Excise Department to impose a tax on the mammoth rallies addressed by the saffron party's prime ministerial candidate Narendra Modi.

Sikka's first year ends with signs of progress for Infosys

Sikka's first year ends with signs of progress for Infosys

Rediff.com6 Aug 2015

The route to that target is clear in Sikka's mind.

Infosys sees future in new tech; investors cheer strategy shift

Infosys sees future in new tech; investors cheer strategy shift

Rediff.com10 Oct 2014

Annualised staff attrition rate at Infosys rose to a record 20.1 per cent in the September quarter.

Punj Lloyd faces Rs 61-cr service tax evasion charges

Punj Lloyd faces Rs 61-cr service tax evasion charges

Rediff.com26 Feb 2014

Punj Lloyd voluntarily deposited Rs 1.06 crore (Rs 10.6 million) on the spot through challans when excise officials visited them during an investigation in the matter.

IT firms cut flab, sack 3,000 in Q1

IT firms cut flab, sack 3,000 in Q1

Rediff.com13 Sep 2017

First sequential decline in a decade as 8 of top 15 software firms report drop in manpower

Shell companies feel the heat as govt banks on AI to nab them

Shell companies feel the heat as govt banks on AI to nab them

Rediff.com26 Sep 2017

P P Chaudhary the newly-appointed minister of state for corporate affairs, is monitoring and coordinating actions against shell companies.

Microsoft launches $500 million programme for Indian start-ups

Microsoft launches $500 million programme for Indian start-ups

Rediff.com16 Feb 2018

The company has been a part of the start-up ecosystem in a big way from early stages right up to when the companies start achieving full scale.