CORPORATES

  • I-T department collects Rs 6.96 lakh crore revenue during 2014-15 16 hours 17 minutes ago

    New Delhi: Government collected over Rs 6,96,200 crore revenue under the direct taxes kitty in the just concluded financial year 2014-15, about 14 per cent short of target. Officials said the I-T Department which collects a variety of taxes like Income Tax and Corporate Tax collected approximately Rs 6,96,200 crore in...
  • Taxation policy has to be simpler and competitive: Arun Jaitley 6 days ago

    New Delhi: Promising a business friendly environment to woo foreign investments, Finance Minister Arun Jaitley on Monday made it clear that retrospective tax will not be imposed and that taxation policy has to be "non-adversarial". "Our Taxation process has to be simpler to increase tax buoyancy. Our taxation policy has to...
  • Rahul Gandhi goes all out to corner Centre on net neutrality, BJP hits back April 22, 2015

    New Delhi: In an all new avatar, Congress Vice President Rahul Gandhi is taking on the Narendra Modi government on a host of issues catering to different classes of people. After wooing farmers and targeting the Bharatiya Janata Party-led National Democratic Alliance government on Land Acquisition Bill, Rahul lent his...
  • Indian banks turn to consumer loans to counter corporate slowdown April 20, 2015

    Mumbai: Indian banks, hoping to offset a slow recovery in corporate lending, are pushing into credit cards and personal loans, using blanket advertising, cold call campaigns and even sending employees to malls to lure customers. Lending to companies has traditionally been the mainstay for banks in Asia's third-largest economy. But as...
  • Violence reported across Kolkata during civic polls April 18, 2015

    A police sub-inspector was injured when supporters of two political parties clashed immediately after the end of the high-stake election to Kolkata Municipal Corporation, which witnessed a 62 per cent voter turn-out. ...
  • Delhi Police files chargesheet in corporate espionage case April 18, 2015

    New Delhi: The Delhi Police Crime branch on Saturday filed a chargesheet in the Petroleum Ministry corporate espionage case. The chargesheet names 13 accused and the court has fixed April 20 for taking its cognizance. Sources said the chargesheet mentions how some documents were fraudulently taken out from the ministries...
  • Kolkata Municipal Corporation polls underway April 18, 2015

    Kolkata: Polling for the 144-seat Kolkata Municipal Corporation is underway amid tight security arrangements. The election would be test of the Trinamool Congress' popularity among the urban electorate, while the CPI-M and the Left can see whether their efforts to woo back voters are paying off. For the BJP which...
  • News 360: Minor girl recounts her horrifying story of alleged sexual exploitation by Naxals April 17, 2015

    A 13-year-old girl, who was a Maoist child soldier, from Jharkhand has revealed the alleged horrors she and other minor girls suffered at the hands of the ultras. An exclusive interrogation video exposes how Maoists use women and children as human shields. ...
  • India @ 9 with Palki S Upadhyay April 17, 2015

    Catch the day's top stories with Palki S Upadhyay on India @ 9. ...
  • Delhi Court to hear Income Tax case against Subrata Roy, others on June 1 April 15, 2015

    New Delhi: A Delhi court on Wednesday fixed June one to hear an Income Tax case in which Sahara Chief Subrata Roy, now lodged in Tihar Jail, and others have been accused of not filing returns for a group company for 2013-14 assessment year. Additional Chief Metropolitan Magistrate Devendra Kumar Sharma...
  • GRIDTECH 2015 unveils the future of India's T&D sector April 9, 2015

    New Delhi: Power Grid Corporation of India Ltd. (POWERGRID), a Navratna PSU and the leading T&D player of the country, on Wednesday commenced the 5th international Exhibition and Conference GRIDTECH at Pragati Maidan, New Delhi with the support of the Power Ministry. The exhibition has brought together various international and...
  • Chittoor encounter fallout: Bus services to Tamil Nadu affected April 8, 2015

    Hyderabad: Andhra-Tamil Nadu buses have taken a hit following protests in Tamil Nadu over gunning down of 20 people in a police operation against Red Sanders smugglers in Chittoor. "Since last night our buses are not operating to Chennai and other places of Tamil Nadu. Similarly, APSRTC buses plying from Chennai...
  • Central Vigilance Commission forms panel to fast-track prosecution sanction April 3, 2015

    New Delhi: A six-member panel of experts has been formed by the Central Vigilance Commission (CVC) to review pending cases, referred to it by CBI for sanction of prosecution against corrupt government officials. CVC tenders advice in respect of officers coming under its jurisdiction against whom the CBI has sought sanction...
  • Delhi Court rejects man's plea for damages from Municipal Corporation for demolition April 2, 2015

    New Delhi: A Delhi court has dismissed a man's suit seeking damages from the Municipal Corporation of Delhi (MCD) for demolishing a portion of his almost 70-year old property on the grounds that it was hanging precariously. Additional District Judge Kamini Lau rejected the man's appeal challenging a trial court's order...
  • AAP government, MCD employees faceoff intensifies, garbage dumped on Delhi streets March 30, 2015

    New Delhi: As the faceoff between the Aam Aadmi Party government and Municipal Corporation Department employees is intensifying in Delhi, the latter is on a strike and even dumped garbage on the streets of the national capital. MCD workers are protesting against the non-payment of salaries. A resident said, "Piles...
  • RBI moves to restrict bank exposure to corporate loans March 28, 2015

    Mumbai: The Reserve Bank of India (RBI) has proposed to lower the ceiling on how much a bank can lend to a single corporate group, in a move to curb risks in the banking sector at a time when bad loans are on the rise. Under the proposal, banks would only...
  • Chandigarh Municipal Corporation removes Martyrs Day hoardings having photos of US Army men, not Indian soldiers March 23, 2015

    Amritsar: After coming under fire from various quarters, Chandigarh Municipal Corporation on Monday removed hoardings having pictures of US Army men instead of Indian Army soldiers. The Municipal Corporation committed a major faux pas as it has put up photographs of the US Army personnel instead of Indian Army soldiers in...
  • Chandigarh Municipal Corporation puts photos of US Army men, not Indian soldiers on Martyrs Day March 23, 2015

    New Delhi: The Chandigarh Municipal Corporation committed a major faux pas as it has put up photographs of the US Army personnel instead of Indian Army soldiers in its hoardings commemorating Martyrs Day. The photograph shows three soldiers wearing the US flag on their uniforms. Mayor of Chandigarh Municipal Corporation...
  • Amid Centre demoralising VIP culture, Sena seeks red beacon for mayors' vehicles March 22, 2015

    New Delhi: The mayors of the major cities should be allowed to use the red beacon on their cars, key NDA ally Shiv Sena has demanded even as it has lauded the Centre's plan for limiting such a privilege to only nine constitutional dignitaries. According to media reports, the Transport Ministry...
  • Om Puri: Abusive language has become a fashion in movies March 21, 2015

    Mumbai: Veteran actor Om Puri, a former chairman of the National Film Development Corporation (NFDC), says he's against the use of abuses in Indian movies. The actor, who will be seen in a political comedy film "Jai Ho Democracy", was asked if the Central Board of Film Certification is becoming too...
  • NDMC areas to get water, power subsidy from today March 21, 2015

    New Delhi: The areas under the jurisdiction of New Delhi Municipal Council (NDMC) will be able to get water and electricity at subsidised rates from Saturday. The resolution for the same was passed by Delhi Chief Minister Arvind Kejriwal, who was sworn-in as NDMC member on Friday. "Kejriwal passed a proposal to...
  • Corporate espionage case: CBI widens probe, may quiz Corporate Affairs Ministry officers: Sources March 21, 2015

    New Delhi: Tightening the noose around the Corporate Affairs ministry, the Central Bureau of Investigation is likely to examine the officials of the the department in connection with alleged sale of confidential documents to corporate groups. The investigation revealed that Corporate Affairs Ministry officials were involved in sending documents to...
  • CBI raids in connection with Devas-Antrix deal March 18, 2015

    New Delhi: CBI on Wednesday carried out searches after registering a case to probe an alleged Rs 578-crore "wrongful" gain to a private multi-media company Devas by Antrix, the commercial arm of ISRO. After registering a case on Monday, CBI sleuths conducted the searches at the premises of Devas Limited as...
  • Is Majlis-e-Ittehadul Muslimeen the new threat to Congress? March 15, 2015

    Back from political wilderness as Congress' Maharashtra PCC President, Ashok Chavan faces his first big electoral challenge in his own backyard- Mararthwada. And it is the Majlis-e-Ittehadul Muslimeen (MIM) that is the big worry for the party in the Aurnagabad Municipal Corporation election scheduled for next month. ...
  • India @ 9 with Zakka Jacob March 13, 2015

    Catch the day's top stories on India @ 9 with Zakka Jacob. ...
  • News 360: India summons Pakistan Envoy over 26/11 attacks prime accused Lakhvi's release March 13, 2015

    India on Friday summoned Pakistan High Commissioner Abdul Basit after Islamabad High Court ordered the release of 26/11 mastermind Zakiur Rehman Lakhvi. ...
  • India to help Lanka develop regional petroleum hub: IOC signs pact March 13, 2015

    Colombo: India will help Sri Lanka develop its Trincomalee town as a regional petroleum hub and Indian Oil Corporation has reached a joint-development pact with Ceylon Petroleum Corporation, Prime Minister Narendra Modi said on Friday. The agreement as well as a task force to implement it were announced after a meeting...
  • No central database of financial assistance to NGOs: Government March 13, 2015

    New Delhi: The government on Friday said there is no central database maintained with respect to financial assistance received by non-governmental organisations (NGOs) and other charitable entities. NGOs or voluntary organisations (VOs) are registered as societies or charitable trusts or not-for-profit companies under central or state...
  • Corporate espionage case: CBI raids expose theft and sale of policy papers March 13, 2015

    New Delhi: Central Bureau of Investigation (CBI) on Friday raided various places in Delhi and Mumbai and blew the lid off a racket involving theft and sale of policy papers from the Finance and Commerce ministries. CBI has arrested three persons including a CA Khemchand Gandhi and a section officer and...
  • Chinese automaker SAIC Motor, Alibaba to invest $160 million in Internet-connected cars March 13, 2015

    Beijing: Chinese auto maker SAIC Motor Corp Ltd said on Thursday it would join forces with e-commerce giant Alibaba Group Holding Ltd to invest $160 million in a fund to develop Internet-connected cars. The pair will establish a joint venture and aim to launch their first car in 2016, SAIC said...