News for 'Internal Revenue Service'

Govt sends missive to DoT on license fee cut

Govt sends missive to DoT on license fee cut

Rediff.com27 Apr 2006

The ministry of finance has shot off a missive to the Department of Telecommunications stating there could be a revenue loss in 2006-07 to the national exchequer, owing to reduced license fee from international and national long distance services.

Tamil Nadu and the forgotten clamour for prohibition last election

Tamil Nadu and the forgotten clamour for prohibition last election

Rediff.com29 Apr 2021

If purists are surprised as to why and how people are not demanding prohibition or not talking about past promises, both in the election manifestos five years back and even those made to the courts, the answer lies in how the state has been evolving and changing these past few years, says N Sathiya Moorthy.

Is Infosys on the right track?

Is Infosys on the right track?

Rediff.com17 Oct 2006

Atletico forced to cut wages of players, staff due to coronavirus crisis

Atletico forced to cut wages of players, staff due to coronavirus crisis

Rediff.com27 Mar 2020

Atletico Madrid have taken the decision to cut the wages of their staff, including the players, to ease the financial burden on the club as they struggle with the economic impact of the coronavirus pandemic, the La Liga club said

Mobile biz: $5-bn boom ahead

Mobile biz: $5-bn boom ahead

Rediff.com7 Jul 2006

Mobile entertainment is set to become a $5-billion industry in India in the next two years, telecom experts said in New Delhi on Friday.

Wipro getting ready to hit the magic target of $15 bn by 2020

Wipro getting ready to hit the magic target of $15 bn by 2020

Rediff.com2 Feb 2016

To double revenues in four years; asks staff to 'think like a start-up', to brainstorm out-of-the-box ideas

AGR woes: No decision on relief to telcos at crucial meet

AGR woes: No decision on relief to telcos at crucial meet

Rediff.com28 Feb 2020

Telecom companies have been desperately waiting for a bailout package from the government after a Supreme Court order put their statutory liabilities at Rs 1.47 lakh crore.

As OPD footfalls drop, private hospitals battle for survival

As OPD footfalls drop, private hospitals battle for survival

Rediff.com11 Apr 2020

Private hospitals, especially smaller standalone ones, are staring at a crisis that they were not prepared for. Analysts say larger corporate chains have to brace up for at least six months for business to return to normal.

Vodafone-Idea merger: New co to get 350 bps margin boost, says Fitch

Vodafone-Idea merger: New co to get 350 bps margin boost, says Fitch

Rediff.com1 Feb 2017

Fierce competition and rising capex will put pressure on most operators in 2017.

FAA downgrade puts Jet into tailspin

FAA downgrade puts Jet into tailspin

Rediff.com3 Feb 2014

United, American snap code share deals, in compliance with US regulator's ruling

Manchester Utd topple Real Madrid from perch to become richest club

Manchester Utd topple Real Madrid from perch to become richest club

Rediff.com19 Jan 2017

Manchester United have deposed Real Madrid as the world's richest soccer club after revenue grew to a record $735 million in 2015-16, according to Deloitte's annual Money League published on Thursday.

India Inc all set to adopt global accounting but few concerns remain

India Inc all set to adopt global accounting but few concerns remain

Rediff.com1 Sep 2015

As corporate India prepares to put its house in order, the transition raises concerns

Fares on IndiGo's long-haul routes likely to be 30% lower

Fares on IndiGo's long-haul routes likely to be 30% lower

Rediff.com15 Sep 2017

Long-haul low-cost carriers like Scoot and AirAsia X offer a similar configuration.

Jet to add 32 more aircraft by '09

Jet to add 32 more aircraft by '09

Rediff.com9 Dec 2005

'Rating agencies are like Bollywood'

'Rating agencies are like Bollywood'

Rediff.com11 Feb 2021

'Rather than cutting and pasting from advanced economies, we should use basic economic principles to think about what is right for India at the stage of development at which we are,' says Chief Economic Advisor Krishnamurthy Subramanian.

Skype to bar calls on mobile, landline within India from Nov 10

Skype to bar calls on mobile, landline within India from Nov 10

Rediff.com6 Oct 2014

Users, however, can still make free Skype-to-Skype calls worldwide and international calls to mobiles and landlines.

BSNL, MTNL mull free roaming

BSNL, MTNL mull free roaming

Rediff.com24 Sep 2013

At present MTNL and BSNL do not impose roaming charges for mobile internet services on each others customers.

'We are hungry for business in India'

'We are hungry for business in India'

Rediff.com5 Oct 2010

Ever since MindTree, the mid-sized information technology and research services firm, acquired Aztecsoft in 2008, it has had a clear strategy in mind.

Lakshadweep administrator has Modi's ear, and trust

Lakshadweep administrator has Modi's ear, and trust

Rediff.com16 Jun 2021

Given Narendra Modi's trust in him, Praful Khoda Patel is unlikely to back down in Lakshadweep.

Rail Budget has everything for common man: Prabhu

Rail Budget has everything for common man: Prabhu

Rediff.com9 Mar 2016

The initiatives intended to benefit the common man include e-ticketing, catering on demand, bio-toilets, food for infants, better stations.

India looking to set up theatre command for J-K: Gen Rawat

India looking to set up theatre command for J-K: Gen Rawat

Rediff.com17 Feb 2020

The air defence command is to be rolled out by the beginning of next year and the Peninsula command by the end of 2021, Gen Rawat told a select group of journalists. The Indian Air Force will helm the air defence command and all-long range missiles as well as air defence assets will come under it, he said.

BPO financial irregularities to cost Infosys less than $1 million

BPO financial irregularities to cost Infosys less than $1 million

Rediff.com21 Nov 2014

Infosys, India's second largest information technology (IT) services company, is likely to book an impact of less than $1 million (Rs 6 crore) due to the financial irregularities in the accounts of its business process outsourcing (BPO) arm, which led to the dismissal of the unit's chief financial officer, Abraham Mathews earlier this week.

BJP govt responsible for coronavirus crisis: Kamal Nath

BJP govt responsible for coronavirus crisis: Kamal Nath

Rediff.com12 Apr 2020

He alleged that the people of Madhya Pradesh were 'befooled' by the saffron party as there was no council of ministers or a health or home minister in place in the state amid the crisis due to the coronavirus outbreak.

How coronavirus teaches us to work online

How coronavirus teaches us to work online

Rediff.com25 Apr 2020

'The sooner we understand and accept this current situation as the new normal, the better,' advises Major Mohammed Ali Shah (retd).

Flaws in India's GST defeats its purpose

Flaws in India's GST defeats its purpose

Rediff.com16 Sep 2015

There is much work to be done to design a good GST.

Wipro to invest in robotics, artificial intelligence

Wipro to invest in robotics, artificial intelligence

Rediff.com7 Sep 2014

Company identifies areas like cognitive technologies, artificial intelligence, man-machine interface, robotics

Google, Panasonic, Suzuki among 100s of firms hit with 'unrealistic' GST notice

Google, Panasonic, Suzuki among 100s of firms hit with 'unrealistic' GST notice

Rediff.com6 Jan 2018

Top firms get GST notices on credit claims on Friday; replies sought within hours.

Illegal call routing costs govt Rs 145 c in 3 yrs

Illegal call routing costs govt Rs 145 c in 3 yrs

Rediff.com28 Apr 2008

Illegal routing of international calls is assessed to have caused a loss of about Rs 145 crore to the government during the last three financial years, Minister of State for IT and Telecommunication Jyotiraditya Scindia said in a written reply to Lok Sabha. Illegal routing of international calls is done in the guise of local calls by private players, resulting in evasion of connectivity and Access Deficit Charges.

2018 is a moneyspinner year for Indian cinema

2018 is a moneyspinner year for Indian cinema

Rediff.com24 Sep 2018

After a miserable two years of flopping films and stagnant revenues, what has changed for the film industry?

Mumbai to be developed as a global financial hub: Fadnavis

Mumbai to be developed as a global financial hub: Fadnavis

Rediff.com19 Apr 2015

Government will create conducive environment for fund managers: CM

1% TDS levy could make your ecommerce buys costlier

1% TDS levy could make your ecommerce buys costlier

Rediff.com3 Feb 2020

Apart from making your purchases on these platforms expensive, it will also mean sellers will have to face the brunt of reduced cash flows amid already low margins for some. Experts said the proposal, which will take effect on April 1, 2020, and will be inserted as a new section in the Income Tax Act, is expected to affect the working capital of e-commerce companies and reduce cash flows for e-sellers.

CAUTION! Fraudsters posing as tax officials dupe Indian Americans

CAUTION! Fraudsters posing as tax officials dupe Indian Americans

Rediff.com17 Feb 2014

The Indian-American community in the New York-New Jersey-Connecticut tristate area is being targeted by telephone fraudsters.

Goyal spikes two pet schemes of Prabhu

Goyal spikes two pet schemes of Prabhu

Rediff.com17 Oct 2017

The Railway Board has decided to wind up the ambitious Rs 5,000-crore One ICT plan and the transformation cell

The real reason behind the fiscal slippage

The real reason behind the fiscal slippage

Rediff.com2 Feb 2018

In absolute terms, fiscal deficit went up by 33.6 per cent in April-December 2017 and the revenue deficit by as much as 40.7 per cent compared to the same period the previous year, said Sudipto Mundle.

How F C Kohli and TCS conquered the world

How F C Kohli and TCS conquered the world

Rediff.com7 Dec 2020

Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.

The curious case of Jack Ma's India plans

The curious case of Jack Ma's India plans

Rediff.com20 Aug 2020

Jack Ma who had five years ago said he was inspired and excited by "Make in India" possibly understood the essence of the signature campaign better than some others and decided to stay away from India other than as an investor, says Nivedita Mookerji.

Global economy could shrink by almost 1% in 2020: UN

Global economy could shrink by almost 1% in 2020: UN

Rediff.com2 Apr 2020

With nearly 100 countries closing national borders during the past month, the movement of people and tourism flows have come to a screeching halt. The contraction could be even higher if governments fail to provide income support and help boost consumer spending.

Is India ready to roll out 5G?

Is India ready to roll out 5G?

Rediff.com10 May 2018

While moving towards the new technology is compelling and inevitable, powering 5G would also mean massive initial investments for telcos, says Surajeet Das Gupta.

Bollywood 2021: J to Q RECAP

Bollywood 2021: J to Q RECAP

Rediff.com31 Dec 2021

Here's the second part of guide to a year that will soon become history.