Digital commerce operators advertising on global social media, which earlier did not pay Google tax on their operations in Jammu & Kashmir, may now have to cough it up at 6 per cent.
After Kiara Advani held a screening for her Netflix film Guilty, a bigger one was held the next day. Alia Bhatt made sure to attend with her mum, Soni Razdan.
Billionaire Mukesh Ambani's Reliance Industries Ltd has bought Britain's iconic country club and luxury golf resort, Stoke Park, for 57 million pounds (about Rs 592 crore). The acquisition adds to Reliance's current stake in Oberoi hotels and hotel/managed residences in Mumbai that it's developing. Over the past four years, Reliance has announced $3.3 billion in acquisitions with 14 per cent in retail, 80 per cent in technology, media, and telecom (TMT) sector, and 6 per cent in energy. The UK-based firm, which owns a hotel and golf course in Buckinghamshire, UK, will add to Reliance's consumer and hospitality assets, the firm said in a filing late on Thursday.
Karan Johar organised a special pooja at his Dharma Productions office on Diwali, and invited actors who will be a part of his forthcoming projects.
Sonam Kapoor and her husband Anand Ahuja invited...well, *all* their friends from the film industry and it seems they *all* accepted the invitation!
Tejas Networks, a telecom and network firm, on Thursday said an arm of Tata Sons will acquire controlling stake in it for nearly Rs 1,890 crore in a multi-step deal. The company has executed definitive agreements with Panatone Finvest, a subsidiary of Tata Sons (Tata group holding firm), it said in a statement. As part of the agreement, the company will make a preferential allotment of 1.94 crore equity shares at a price per equity share of Rs 258 per share aggregating to Rs 500 crore to Panatone.
"We require new rules and laws to tackle and manage. The government is already working in this direction," he added.
The mandatory use of the Indian flag on SCI's ships has been a bone of contention with prospective buyers, on account of the costs it will entail in terms of taxation and vessel registration.
Joginder Tuteja lists the new releases, coming up in April.
Discussions are said to have been heating up over how long a tax indemnity clause, which is part of such deals, should run, according to multiple people familiar with the matter.
The Central Bureau of Investigation on Thursday questioned advocate Gautam Khaitan, former board member of Aeromatrix, in connection with the bribery allegations in the Rs 3600-crore VVIP helicopter deal.
Bharatiya Janata Party leader Kirit Somaiaya has written a detailed petition to the Central Bureau of Investigation, seeking an investigation into the alleged link between Emmar MGF and AugustaWestland, the British firm embroiled in the VVIP chopper scam.
A Delhi court on Saturday sent former Air Force Chief S P Tyagi, arrested in Rs 450 crore Agusta Westland bribery case in procurement of 12 VVIP helicopters, to police custody for four days after the CBI said he was needed to be quizzed to unearth a "very large conspiracy having international ramifications".
India Inc reacted cautiously to allegations on Swiss a/cs.
Indian banks have started exploring opportunities in the space, including lending to crypto exchanges, and accepting bitcoins as collateral, among others.
Air Chief Arup Raha on Saturday described the arrest of former IAF chief S P Tyagi as "unfortunate", and said that it has "dented" the force's reputation.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
To overcome your fear of the property being taken over, draw an ironclad agreement with a good lawyer's help, recommends Sanjay Kumar Singh.
Leaving aside the predictability of the stories, Ajeeb Daastaans is a good watch, says Prateek Sur.
Janhvi and Ishaan's families watch Dhadak.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Bhoot- The Haunted Ship stars Vicky Kaushal, and is inspired from a true incident in 2011, when a ship came out of nowhere and docked at Mumbai's Juhu beach for a few days. Director Bhanu Pratap Singh has created a fictional story around it.
Meet the winners of the Lokmat Most Stylish awards.
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
Bollywood had a fun time playing dress-up for producer Amritpal Bindra's retro theme party. The birthday bash saw the who's who of the film industry, dressing up like their favourite movie characters.
Tahira Kashyap turned 35 on January 21, and her husband Ayushmann Khurrana threw a party at their home. An interesting bunch of guests turned up, and we bring you the inside pictures!
'There are obvious concerns regarding revenue leakage which is understandable, but there are also concerns about whether or not well accepted, judicially tested, fair and proper procedures are being followed during such arrests.'
Essar group promoters Ravi Ruia and Anshuman Ruia and Loop Telecom promoters I P Khaitan and Kiran Khaitan, besides Essar group director (Strategy and Planning) Vikash Saraf were directed by the court to furnish personal bail bond of Rs 500,000 each and two sureities of like amount.
Besides Ruias, the CBI charged Essar Group director (strategy and Planning) Vikas Saraf, Loop Telecom promoters Kiran Khaitan and her husband I P Khaitan.
There was no postal intimation to unitholders who didn't have a registered email address, according to a letter that Midas Touch Investors Association sent to Sebi.
Seeking exemption from personal appearance for Ruias, Rohatgi said he was appearing despite the fact that his clients, at present in UAE, have not been 'properly' served with the court summonses.
One of the changes being proposed is allowing LLPs to issue non-convertible debentures.
Till now, there was no provision in the Companies Act that allowed a remuneration for the non-executive director if the company was in loss or had inadequate profits. Only the executive director was entitled for a remuneration in the event of a loss.
The Cabinet has cleared a Bill to set up a government-owned development finance institution (DFI) with initial paid-up capital of Rs 20,000 crore so that it can leverage around Rs 3 trillion from the markets in a few years to provide long-term funds to infrastructure projects as well as for development needs of the country. To put it in perspective, Rs 3 trillion constitutes slightly less than 3 per cent of the Rs 111 trillion to be spent on over 7,000 projects in the National Infrastructure Pipeline from 2019-20 to 2024-25. Besides, the government will give Rs 5,000 crore as grant to the institution, Finance Minister Nirmala Sitharaman on Tuesday told the media after the Cabinet meeting.
Joginder Tuteja looks at the biggest July hits in the last decade.
Now, the Delhi high court will hear the matter on January 18.
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