News for 'Internal Revenue Service'

After Infosys & Wipro, more IT cos invest in start-ups

After Infosys & Wipro, more IT cos invest in start-ups

Rediff.com14 Oct 2014

A company with a size exceeding $1 billion finds it really hard to innovate.

Who should be the next chairman of Tata Sons?

Who should be the next chairman of Tata Sons?

Rediff.com25 Oct 2016

Half a dozen names are doing the rounds as replacement for Cyrus Mistry as the chairman of the Tata Group.

Hackathon major plans to set up US ops in 2019

Hackathon major plans to set up US ops in 2019

Rediff.com8 Dec 2018

While HackerEarth has clients and developers globally, the US consists more than a third of the revenue stream, and plans to ramp it up to 60 per cent of the total share.

Covid has taken sheen off India's most exclusive clubs

Covid has taken sheen off India's most exclusive clubs

Rediff.com28 Oct 2020

Few of these highly sought-after socialising and networking hubs are seeing much activity as regulars are missing in action.

Would you pay Rs 1 lakh for your child's study trip?

Would you pay Rs 1 lakh for your child's study trip?

Rediff.com2 Jan 2017

Schools adopt international curriculum, that requires increased number of non-classroom experiences.

How will GST impact India's media and entertainment industry?

How will GST impact India's media and entertainment industry?

Rediff.com28 Jun 2017

Though GST could mean complications in the short run, it will bring in undeclared revenues and streamline taxation across the value chain, the benefits should be worth the pain.

EXPLAINED! How runaway fuel prices affect Indian economy

EXPLAINED! How runaway fuel prices affect Indian economy

Rediff.com21 Sep 2018

The Central government is stuck between the devil and the deep blue sea as far as the runaway fuel prices are concerned.

PE/VC investments in pharma cos cross $1 bn mark

PE/VC investments in pharma cos cross $1 bn mark

Rediff.com6 Oct 2020

Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.

Despite Jet crisis, domestic air traffic set for double-digit growth again

Despite Jet crisis, domestic air traffic set for double-digit growth again

Rediff.com19 Aug 2019

One reason is that airlines have ramped up capacity and expanded their presence in tier-II markets. The first of a three-part series analyses how the aviation industry is an outlier in the midst of an overall economic slowdown.

10 large caps for good returns in 2021

10 large caps for good returns in 2021

Rediff.com15 Jan 2021

Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.

New accounting norms to hit banking, telecom firms most

New accounting norms to hit banking, telecom firms most

Rediff.com19 Apr 2016

Banking and telecom will see the highest impact of this transition.

IMF's Gita Gopinath bats for infra investment in Budget

IMF's Gita Gopinath bats for infra investment in Budget

Rediff.com27 Jan 2021

Ahead of India's annual budget presentation next week, IMF's chief economist Gita Gopinath has favoured the extension of the pandemic support measures, thrust on investment in infrastructure and expanding health sectors programmes like Ayushman Bharat, and a very credible divestment path for commercially viable companies. The Indian government has provided a lot of schemes for small and medium enterprises, most of which is in the form of liquidity support, Gopinath told PTI on Tuesday. "And you want to revisit it and see how effectively that is working and see whether additional support may need to be provided," she said while responding to a question on her recommendations to Finance Minister Nirmala Sitharaman, ahead of her presentation of the annual Union Budget on February 1. It would be a good time for banks and Non-Banking Financial Companies (NBFCs) to raise capital given the attractiveness of financing conditions at this point, she said.

FIPB told to reject telecom FDI from tax havens

FIPB told to reject telecom FDI from tax havens

Rediff.com19 Aug 2008

In another instance of Indian tax authorities adopting a hard-nosed stance to prevent abuse of tax avoidance treaties, the revenue department recently opposed a proposal of a Cyprus-based company to increase its stake in an Indian telecom services company from 40 per cent to nearly 74 per cent.

Air India may be unable to sustain operations

Air India may be unable to sustain operations

Rediff.com18 Dec 2019

Air India is seeking government approval to raise a Rs 2,000 crore loan and refinance $819 million aircraft debt, which would help tide over the financial crisis.

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.

Is Infosys on the right track?

Is Infosys on the right track?

Rediff.com17 Oct 2006

Experts fear multiple tax slabs and cess will complicate GST

Experts fear multiple tax slabs and cess will complicate GST

Rediff.com4 Nov 2016

"At present, there are two main rate slabs under which sa majority of goods are covered -- five per cent and 12.5 per cent -- which will now increase to three (five per cent, 12 per cent and 18 per cent).Will this result in multiple litigations is anybody's guess."

Revealed: Modi's plans for the economy

Revealed: Modi's plans for the economy

Rediff.com3 Aug 2020

he government is examining a plan of bank recapitalisation and considering an urban version of MNREGS.

India rises to 2nd spot on global business optimism index

India rises to 2nd spot on global business optimism index

Rediff.com7 Nov 2016

India, which is ranked 2nd in Q3, raced past China where only 30 per cent respondents expect an increase in revenue, whereas in India, 85 per cent respondents have voted in favour of increasing revenue

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

Star-studded economic panel marks Stalin's break with past

Star-studded economic panel marks Stalin's break with past

Rediff.com22 Jun 2021

Chief Minister MK Stalin has shown that he is cut from a different cloth when it comes to embracing what is current, modern and absolutely necessary. Thus, even while retaining the spirit and content of the pan-Tamil, Dravidian socio-political and socio-economic ideology to the 't', his government has also acknowledged the need to accepting scientifically-proven facts in operational matters, says N Sathiya Moorthy.

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

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

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.

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

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.

How The Pandemic Affected Puja

How The Pandemic Affected Puja

Rediff.com11 Oct 2021

The estimated size of the Durga Puja economy could be about Rs 2.75 trillion in 2021 had there been no pandemic, points out Atanu Biswas.

Jet to add 32 more aircraft by '09

Jet to add 32 more aircraft by '09

Rediff.com9 Dec 2005

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.

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.

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.

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.

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.

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.

'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.

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.

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.

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.

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