News for 'US Internal Revenue Service'

IT cos on edge as major deals come up for renewal

IT cos on edge as major deals come up for renewal

Rediff.com25 Apr 2017

Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.

'I am driving simplification across Wipro'

'I am driving simplification across Wipro'

Rediff.com20 Aug 2015

Abid ali Neemuchwala's ambitious plans for Wipro.

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.

Sharp tax cuts on gold among steps mooted by NITI panel

Sharp tax cuts on gold among steps mooted by NITI panel

Rediff.com4 Mar 2018

While the government has not made the report public, sources said the panel had recommended a sharp cut in all taxes on the gold business, including import duty and goods and services tax which amounts to over 13%.

Badhaai ho, Bollywood!

Badhaai ho, Bollywood!

Rediff.com1 Nov 2018

The hit parade of well-made movies continues, ticket sales are creeping up and OTTs are upping the game in one of the best years for the film industry.

What's driving the large pay-outs of Indian CEOs?

What's driving the large pay-outs of Indian CEOs?

Rediff.com21 Sep 2018

Like their international peers, Indian CEOs too have a significant portion of their incomes coming from stock options and performance-linked bonuses

Why PEs may be better source of capital for banks

Why PEs may be better source of capital for banks

Rediff.com16 Dec 2020

India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.

Rs 77,146 cr bids for spectrum on Day 1

Rs 77,146 cr bids for spectrum on Day 1

Rediff.com1 Mar 2021

India's first auction of spectrum in five years attracted Rs 77,146 crore of bids on the opening day on Monday with Reliance Jio, Bharti Airtel, and Vodafone Idea participating in the bidding process - a response that the government said was better than expected. There were, however, no takers for spectrum in 700 MHz and 2500 MHz bands on the first day, and the auctions will continue and conclude on Tuesday. About 2,308.80 MHz of spectrum, that carry telecom signals, in seven bands worth nearly Rs 4 lakh crore at the reserve or start price, was offered for bidding in the auction that began on Monday. Communications Minister Ravi Shankar Prasad said Rs 77,146 crore worth of spectrum was bid on the first day but there were no takers for the airwaves in the premium 700 MHz as also 2500 MHz bands.

Bears tighten grip, markets at 20-month closing lows

Bears tighten grip, markets at 20-month closing lows

Rediff.com18 Jan 2016

Stock specific action is seen with some of the prominent companies posting their quarterly numbers.

India Inc's profits one of the lowest among major economies

India Inc's profits one of the lowest among major economies

Rediff.com19 Aug 2019

Combined net profit of BSE500 companies at $ 63 bn is 2.3% of GDP; global average is 5%.

'Henceforth, no Indian should fear the taxman'

'Henceforth, no Indian should fear the taxman'

Rediff.com31 Dec 2019

'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.

Jet to expand code-share pact with Etihad Airways

Jet to expand code-share pact with Etihad Airways

Rediff.com10 Jun 2013

Has also sought permission to share with Virgin Atlantic for new routes in Britain.

India's 3G auction elicits global response

India's 3G auction elicits global response

Rediff.com5 Oct 2009

"There has been interest from various foreign companies in the planned 3G auction," telecom minister A Raja told reporters in Geneva, exuding confidence that the auction of 3G and Wi-Max spectrum would generate at least Rs 25,000 crore (Rs 250 billion) of revenue for the Indian government.

In defence of farm loan waivers

In defence of farm loan waivers

Rediff.com26 Dec 2018

Farm loan waivers should not be regarded as expenditure but as incentive and investment, argues B S Raghavan, the distinguished civil servant.

Will IPL media rights cross a massive Rs. 20,000 crore?

Will IPL media rights cross a massive Rs. 20,000 crore?

Rediff.com2 Sep 2017

Board of Control for Cricket in India's Chief Executive Officer Rahul Johri says the revenue generation from the upcoming Indian Premier League's media rights auction could be "historic".

Anil Ambani's elder son joins Reliance Capital board

Anil Ambani's elder son joins Reliance Capital board

Rediff.com23 Aug 2016

Anmol, who has a degree from Warwick Business School in the UK, has also been visiting branches and meeting employees across businesses in different regions to get exposure and detailed understanding of businesses at grass-root level in the past two years

Air India to axe more loss-making routes

Air India to axe more loss-making routes

Rediff.com16 Sep 2014

To reduce those not even meeting variable costs to 19% of network by March, from 38% five months ago.

TCS Q1 net up 33% at Rs 630 crore

TCS Q1 net up 33% at Rs 630 crore

Rediff.com15 Jul 2005

Private airports protest regional carrier sops

Private airports protest regional carrier sops

Rediff.com3 Oct 2007

Private airport developers in Delhi, Mumbai, Hyderabad and Bangalore, say landing and parking fees account for a significant proportion of revenues, so offering these services free would be unviable.

Lenovo buys IBM's server business at $2.3 bn

Lenovo buys IBM's server business at $2.3 bn

Rediff.com24 Jan 2014

The acquisition will allow Lenovo to diversify revenue away from the shrinking PC business.

All you need to know about India's new software policy

All you need to know about India's new software policy

Rediff.com8 Mar 2019

The policy proposes a single-window platform for facilitation of the Indian software product industry, to help fast-track legal and regulatory issues over import and export, as well as setting up and winding up enterprises.

Budget: The devil is in the detail

Budget: The devil is in the detail

Rediff.com1 Mar 2016

Strategic sales are tricky and were last undertaken when the Vajpayee government was in power.

A new Reliance: Can Mukesh Ambani pull off a transformation?

A new Reliance: Can Mukesh Ambani pull off a transformation?

Rediff.com23 Jun 2015

At the heart of one of the biggest transformations in India's corporate history lies a plan to offer super-fast broadband services.

Twitter reveals rip-roaring growth, big losses ahead of IPO

Twitter reveals rip-roaring growth, big losses ahead of IPO

Rediff.com4 Oct 2013

The eight-year-old online messaging service gave potential investors their first glance at its financials on Thursday when it publicly filed its IPO documents, setting the stage for one of the most-anticipated debuts in over a year.

Jet Airways flies into black in Q1 on lower fuel cost

Jet Airways flies into black in Q1 on lower fuel cost

Rediff.com14 Aug 2015

Jet Airways Ltd said on Friday it made a profit in the June quarter compared to a loss in the year-ago period, helped by a drop in fuel expenses.

Infosys Q4 net grows 16.2% to Rs 3,597 crore

Infosys Q4 net grows 16.2% to Rs 3,597 crore

Rediff.com15 Apr 2016

Revenue rose 23.4 per cent to Rs 1,655 crore

The world's best airlines in 2017

The world's best airlines in 2017

Rediff.com12 Jul 2017

Asian and Middle Eastern airlines -- but no Indian names -- dominated the Top 10 slots at the World Airline Awards.

Ludo or Rummy? What's your choice?

Ludo or Rummy? What's your choice?

Rediff.com29 Jul 2020

These games of skill with a large social component have managed the transition to a new online avatar.

'High-risk remittance' data under Income Tax lens

'High-risk remittance' data under Income Tax lens

Rediff.com8 Jul 2019

The Income Tax Act empowers the CBDT to capture information in respect of payments to non-residents, whether taxable or not

Emami keen to spread its wings in health care

Emami keen to spread its wings in health care

Rediff.com3 Aug 2017

In the past, the firm also acquired the Zandu brand which opened up its presence in the balms business

With Jet out of the skies, will Air India now find suitors?

With Jet out of the skies, will Air India now find suitors?

Rediff.com28 May 2019

Another reason working in Air India's favour now is the government's plan to clean up part of the airline's burgeoning debt from its books - a major deterrent for investors when it attempted divestment the previous time.

World's 10 longest non-stop flights

World's 10 longest non-stop flights

Rediff.com14 Aug 2015

The world's 10 longest non-stop flights criss-cross the world, cutting down travel time and making journeys easier and comfortable.

Sports Shorts: Tobacco giant BAT returns to F1

Sports Shorts: Tobacco giant BAT returns to F1

Rediff.com11 Feb 2019

Summary of sports events and persons who made news on Monday

Why the IT companies should be aware of the Trump factor

Why the IT companies should be aware of the Trump factor

Rediff.com25 Jul 2016

This challenge has been made a little more daunting with the addition of two new uncertainties.

After a Rs 600-cr renovation, Oberoi Delhi to open from Jan 1

After a Rs 600-cr renovation, Oberoi Delhi to open from Jan 1

Rediff.com12 Dec 2017

The hotel is equipped with new, clean air technology which promises its guests the cleanest air in the city on par with global standards.

The damage Pompeo is causing to US interests

The damage Pompeo is causing to US interests

Rediff.com12 Jan 2021

BWith a distracted president brooding in the White House, Pompeo seems to think his day has come. He seems to be pushing a personal agenda before a target audience in America, observes Ambassador M K Bhadrakumar.

Despite high rates, brands get ready to bat for IPL

Despite high rates, brands get ready to bat for IPL

Rediff.com27 Feb 2020

For 2020, 13 brands are said to be on board already and advertising rates have been fixed at a premium of 10-15 per cent over 2019.

Yogi Deveshwar: The Risk Taker

Yogi Deveshwar: The Risk Taker

Rediff.com12 May 2019

During his time as executive chairman, the company's net revenues grew 17-fold to Rs 42,777 crore and profit after tax nearly 40 times to Rs 10,289 crore. Total shareholder returns grew at a compounded annual rate of around 20%. Besides numbers, his biggest achievement was to transform ITC from a cigarette company to a diversified enterprise.

Will petro products finally come under GST?

Will petro products finally come under GST?

Rediff.com27 May 2019

The new government may also introduce a separate scheme for revival of stranded gas-based power projects

Loan defaults hit Citigroup in India

Loan defaults hit Citigroup in India

Rediff.com18 Jan 2008

Citigroup, apart from grappling with the write-offs and losses in its consumer banking business in the US, will also have to get its act right in other markets as well, particularly, India and Mexico.