Reliance Industries on Friday reported a 41.5 per cent jump in its third quarter net profit as oil, retail and telecom businesses fired on all cylinders. Net profit of Rs 18,549 crore in October-December compared with Rs 13,101 crore a year back, the company said in a stock exchange filing. Income from operations rose to Rs 1.91 lakh crore from Rs 1.28 lakh crore.
While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates. Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 lakh crore, coupled with rationalisation of customs duty, an extension of time for setting up new manufacturing companies and plans for starting a digital currency and tax crypto assets.
Edtech brands are offering discounts, adding fresh content and engaging more frequently with users during the lockdown, reports Vinay Umarji.
A large number of items including petrol, diesel, gold, silver, cigarettes, fully-imported cars and split air conditioners will become more expensive due to hike in taxes, as proposed by Finance Minister Nirmala Sitharaman in the Union Budget for 2019-20.
India will share the development story of Co-WIN, the digital platform that helped it launch and implement a nationwide COVID-19 vaccination programme, with more than 20 countries that have shown interest in adopting the portal to run their own inoculation drives.
On Thursday, the prime minister is scheduled to hold one-on-one meetings with top five American CEOs. Two of them are Indian Americans -- Shantanu Narayen from Adobe and Vivek Lall from General Atomics. The three others are Cristiano E Amon from Qualcomm, Mark Widmar from First Solar, and Stephen A Schwarzman from Blackstone.
Abdur Rahman, 28, working at M S Ramaiah Medical College, was taken into custody on Monday in connection with the Islamic State Khorasan Province case being probed by the agency
Billionaire Mukesh Ambani-led Reliance Industries Ltd's plans for investing Rs 75,000 crore in solar, batteries, fuel cells and hydrogen could create valuation of $36 billion (Rs 2.6 lakh crore) for the new energy business, Wall Street brokerage Bernstein Research said in a report. Reliance currently has three verticals -- oil-to-chemical (O2C) business that houses its oil refineries, petrochemical plants and fuel retailing business; digital services that comprises telecom arm Jio; and retail including e-commerce. New Energy will be the fourth vertical. At the company's annual general meeting of shareholders last month, Ambani announced a plan to invest Rs 75,000 crore in a new energy business over the next 3 years in the next stage in its transformation.
Ola said it will not charge commission from drivers for the first two months after the launch, allowing them to retain 100 per cent of their earnings from the platform.
"Yasir Niamatullah, chief of Hyderabad module, and Athaullah Rehman, a motivator who raised funds, have been arrested by the NIA.
With the lockdown being eased gradually, providing more and more digital solutions, for service delivery and procurement of new policies, is what the corporation is focussing on.
C P Gurnani, CEO & MD of Tech Mahindra, India's fifth-largest IT services company, tells B Dasarath Reddy that the company is exploring both ways as it looks at bringing in best of the breed technologies to offer to global clients.
PG diploma in embedded systems and VLSI design
The ability to collaborate with your team and unlock synergies towards a common goal while operating from a remote location is one of the top and evergreen skills you can highlight on your resume.
Will MBA hybrid model be the focus for B-schools? Should B-schools focus on long distance programmes?
There's a need to train 40,000 pilots over the next year-and-a-half.
The gun is unique in its ability to fire a five-round burst, while no other contemporary The gun is unique in its ability to fire a five-round burst, while no other contemporary gun exceeds three-round bursts. This brings down a greater quantity of explosive onto the target before enemy soldiers can take cover
The Centre has ruled out door-to-door vaccination of people and said the inoculation will be done at identified COVID Vaccination Centres, both government and private, registered on COWIN for 'good, germane and rational reasons'.
'We are working in association with the state government and other transmission companies to make sure that the city never experiences blackouts'
A week after the Income Tax Department's much publicised new e-filing portal went live, users continued to face technical glitches ranging from longer than usual logging time, inability to respond to notices and not all features functioning yet, chartered accountants said on Monday. The new portal, "http://www.incometax.gov.in/"www.incometax.gov.in, was launched last Monday (June 7), which the tax department as well as the government said was aimed at making compliance more taxpayer-friendly. But users complained of technical issues facing the site from the very first day and not everything has been fixed even after a week, chartered accountants (CAs) said, adding that taxpayers are unable to view past e-filed returns and many features/ facilities continue to be marked 'coming soon'. Finance Minister Nirmala Sitharaman herself had asked Infosys - the vendor which created the portal - and its Chairman Nandan Nilekani to fix the technical glitches.
MD Chanda Kochhar says the facility 'has the potential to increase security and convenience'
The Centre has started the process of identifying around 30 crore priority beneficiaries who will be given vaccine in the initial phase. The Centre will procure the vaccine directly and make it available free-of-cost for the priority beneficiaries.
Is the phone worth its hefty price tag? Khalid Anzar has the answer.
Security agencies made a quick estimate of passports issued between 2015 and 2019, and found that out of the 40 youth who had gone to Bangladesh or Pakistan for studies, 28 had infiltrated back into the country as trained terrorists, the officials said.
The announcement in Lucknow marked the first regional chapter of Google's initiative to bring digital literacy amongst Indian women in presence of 'Gulabi Gang' leader Sampat Pal.
'One out of three phones sold in India is a Xiaomi phone.'
After missing two self-imposed deadlines, billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced recalibration of a proposed $15 billion deal to sell 20 per cent stake in its oil refinery and petrochemical business to Saudi Aramco, saying the two firms have agreed to re-evaluate the proposed investment in light of the Indian firm's new energy forays. The stake sale talks, which were first officially revealed in August 2019, are being reset in light of Reliance making forays into new energy business in recent months by investing $10 billion in alternative energy over three years. To pivot to green energy, it has already bought a German maker of photovoltaic solar wafers and signed a deal with a Danish company to manufacture hydrogen electrolysers in India.
The judge remanded them in judicial custody though the investigating agency has filed an application seeking their police custody for further examination.
Xiaomi plans to bring global component suppliers to India and this could potentially bring investment of at least Rs 15000 crore
In an address to the air warriors on the occasion of the 89th Air Force Day, the Chief of Air Staff also said that the IAF must demonstrate to the nation that external forces will not be allowed to violate its territory.
The Zee Network Education Group offers a career course in Film Animation and Special Effects.
More than a year of Covid-19 has pushed most businesses into gloom but Reliance Industries Ltd (RIL) managed to reduce its gross debt 25 per cent, enabling it to turn towards its next phase of capital expenditure that has come in the form of a Rs 75,000-crore plan for green energy and power storage. The company managed to stay afloat during the pandemic because of its large presence in the consumer-centric businesses of retail and telecommunication (see chart: "A new Reliance"). These two businesses constituted 45 per cent of its EBITDA during FY21 from 36 per cent in FY20.
Install a security software that has an app advisor function, advises Tinesh Bhasin.
While online coaching has become a big hit during the lockdown, the path ahead is not easy, reports Rupesh Dutta.
The I-T department issued a circular allowing manual filing of Form 15CA/15CB (required for foreign remittances) with banks till June 30, so that business transactions may go on. The forms will be uploaded online on the e-filing portal later, it added.
Finally Mi TV arrives on the Indian shores for the first time as Mi TV 4.
Focus has to be a lot about self-learning, says Nasscom Senior VP Sangeeta Gupta.
Movie theatres may reopen around the second week of July.
India's current growth rate is 7.5 per cent.
The OnePlus, so dominant in the premium mid-range segment, finally has competition.
