Income tax officials on Monday conducted surveys at offices of engineering major Larsen & Toubro and media firm Zee Group for alleged GST evasion, an official of the tax department said. When contacted, L&T neither confirmed nor denied the development, while the media group has confirmed the tax survey. The tax official said surveys have been carried out at many L&T premises in the city, and in case of Zee, the surveys are underway at all its offices across the country since morning.
It has been known for long that The Times Group (Bennett, Coleman and Company) is the largest. While the News Corporation-owned Star Group briefly lay claim to number two spot, it is now clear that Subhash Chandra's Zee is way ahead of its former partner and now arch rival. At Rs 3,732 crore, the Zee Group is India's second-largest media firm.
Subhash Chandra Agrawal, a businessman entered the record book for writing maximum letters in a life span, while his wife Madhu Agrawal for writing maximum letters in a year. Agrawal has written 3,699 letters till January 31, 2006, and his wife penned 447 letters in 2004.
Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak.
Earlier, the minister visited the site of the Indian National Army memorial and described it as a "poignant moment".
A JetLite aircraft with 139 people on board suffered damage to its tail while taking off from Mumbai on Wednesday but managed to land safely at the National Subhash Chandra Bose Airport in Kolkata.No one was injured in the incident described by the airline as a 'tail scrape'. In a statement, JetLite claimed that "at no time was the safety of the passengers and crew compromised" in the incident. The tail of the Kolkata-bound Boeing 737 was damaged while taking off from Mumbai.
The state government has begun the process to acquire land for the university.
Back in the BCCI's fold after resigning from the 'rebel' Indian Cricket League, Rohan Gavaskar is now eyeing a comeback to the Bengal Ranji Trophy team, which he once captained.
It has been the poor man's Madame Tussads for years but the private wax museum, a star tourist puller in the hill resort town of Udhagamandalam (Ooty), is on the verge of 'melting down' following lack of patronage and 'indifferent' attitude of local authorities.
This will help expand the distribution channels, said Subhash Chandra Khuntia, chairman of the insurance regulatory and development authority of India.
The Bharti group has applied to the government for a licence to operate direct-to-home television services.
Abhishek drowned on Friday while on a picnic at Dassam falls, about 40 km from Ranchi, with two other BIT students, including Union Railway Minister Lalu Prasad's daughter Ragini.
"Forward block leaders met Prime Minister Dr Manmohan Singh and Home Minister Shivraj Patil and requested for extension of the commission's tenure since the probe is incomplete," Bose, a nephew of Netaji, told reporters in Nagpur on Saturday.
Delhi HC has stayed CLB order against Essel group's bid on UNI. The tranfer of shares too has been termed null and void.
If it were a corporate entity, the Board of Control for Cricket in India would have been among the country's top 170 companies in terms of revenues (2007) -- much larger than Zee Entertainment (Rs 1,515.88 crore) for which promoter Subhash Chandra is waging a bitter battle against the official cricket board to develop 20-20 cricket in India.
Buddhadev Bhattacharjee criticised the Congress for not according the 'due importance' to Netaji, as it did to Mahatma Gandhi.
The full-fledged residential academy will accommodate the country's top 80 emerging cricketers and be equipped with a health centre, gymnasium and restaurants.
Alfred Abbalam, the second highest wicket-taker for the state team with 24 scalps last season, joined the ICL, Hyderabad Cricket Association sources said on Friday.
Netaji Subhash Chandra Bose's family declined the posthumous award.
According to sources, Gadkari, who is close to Uddhav Thackeray, arranged a meeting between the Sena leader and Goyal at his Worli residence. The meeting that lasted for nearly an hour, ended up with both sorting out the issue.
The state's final electoral rolls would be published by February 15.
Neena Sharma, sister of Major Subhash Chandra Guleri, who went missing during the 1971 Indo-Pak war, is 'disappointed' over not being part of a 12-member delegation from India that went to Pakistan.
A 30-year old Gujarati woman was arrested by the airport police in Kolkata Sunday night after she was sent back by immigration authorities at New York airport allegedly for using a passport of another person.
Zee Group's direct-to-home arm Dish TV said on Monday its promoters would infuse up to Rs 750 crore (Rs 7.5 billion) into the company by subscribing to preference shares.
'Stardom comes from talent, hard work and an acknowledgement from the people,' Amitabh Bachchan tells Mid-day.
The Commission toured Russia from September 20 to 30, and visited archives in Moscow, Omsk, Irkhutsk and St Petersburg.
It was on the occasion of Netaji Subhash Chandra Bose's birth anniversary.
The report has corroborated the evidence of Taiwan government that no air crash had occurred at Taipei airport or anywhere in that country on August 18, 1945, in which the Indian leader was supposed to have been killed.
Media conglomerate Zee Group's demerged group firms Zee News and Wire and Wireless (India) Limited on Wednesday got listed at Rs 50 and Rs 80 respectively
In an open letter to Zee's shareholders, Invesco, which holds a 7.74 per cent stake in the firm, reiterated its demand for an overhaul of the media group's board and that it would pursue extraordinary general meeting (EGM) to oust chief executive Punit Goenka and two other directors. Last month, Sony Group Corp's India unit signed a non-binding offer to buy Zee.
If sources are to be believed, Zee group's Indian Cricket League (ICL) will rope Aamir in to promote their league. Apparently, the company has decided that it is important to have a brand name like Aamir associated with the month-long Twenty-20 league matches, which started on March 9.
RComm will test launch its direct to home services Big TV this week, which would include some niche channels that are currently not available in India.
Netaji's daughter-in-law visited Peshawar, the last post of the revolutionary leader's great escape to Kabul.
