- Confusion around eligibility for lower MAT, clarity sought(22:40)
New Delhi, Oct 21 (IANS) Even after a month of the government announcing a slash in corporate tax through an ordinance, confusion remains around the definition of manufacturer and business activities that would qualify for concessional minimum alternate tax (MAT) of 15 per cent.
- Raj CM to take action for delay in Kalisindh Power Project(22:36)
Jaipur, Oct 21 (IANS) The Rajasthan government on Monday approved the proposal for increasing the cost of Kalisindh Thermal Power Project (Unit 1 and 2) in Jhalawar district from Rs 9,479.51 crore to Rs 9,680.03 crore and issued directions to take action against officers and firms which delayed the project leading to its cost escalation.
- Railways to carry Amazon consignments for 3 months(22:22)
New Delhi, Oct 21 (IANS) In a bid to increase revenue through the non-fare sources, the railways has decided to allow carriage to goods of e-commerce giant Amazon on a pilot basis for three months during the non-peak hours, officials said on Monday.
- Infosys shares may slip on Tuesday, say analysts(21:44)
Mumbai, Oct 21 (IANS) Infosys shares might open with heavy losses on Tuesday, after a letter by anonymous employees surfaced, accusing its Chief Executive Officer (CEO) Salil Parekh and Chief Financial Officer (CFO) Nilanjan Roy of unethical practices for several quarters.
- It is just good work, I'm happy: Abhijit Banerjee's mother(21:38)
By Sirshendu Panth
Kolkata, Oct 21 (IANS) Waiting eagerly for her son to come home after winning the Nobel, Economist Abhijit Vinayak Banerjee's mother says it is his late father's rationality and sobriety which has rubbed off on his son making him so balanced and matured in handling criticism as also fame. An award like Nobel, she says, is recognition for good work, but not something "one should go on dancing about".
- Swiss VP meets Goyal to discuss ways to modernise railways(21:20)
New Delhi, Oct 21 (IANS) Switzerland Vice President Simonetta Sommaruga on Monday called on Union Railway and Commerce Minister Piyush Goyal to discuss ways to boost cooperation between the two nations and to modernise railways. Sommaruga met Piyush Goyal in the rail bhawan here on Monday.
- Infosys CEO mocks 2 directors as 'Madrasis', recall techies(21:08)
Bengaluru, Oct 21 (IANS) Infosys Chief Executive Officer (CEO) Salil Parkih, who turned the fortunes of the global software vendor, is learnt to have mocked two independent directors of the company as "Madrasis", said unnamed ethical employees in a letter to the board.
- BSNL revival plan expected in a month: Chairman(21:02)
New Delhi, Oct 21 (IANS) The government's plan on reviving telecom company BSNL is expected to be in the public domain within a month and 4G spectrum will be allocated to the firm by the end of this year, BSNL Chairman and MD P.K. Purwar said on Monday.
- Broad contours of Indo-US trade deal resolved: Goyal(20:56)
New Delhi, Oct 21 (IANS) Hinting at an early announcement of the first set of agreements under the proposed India-US trade deal, Union Commerce Minister Piyush Goyal on Monday said that India and the US have resolved the broad contours of the proposed agreement.
- BSNL partners YuppTV for video streaming service(20:52)
New Delhi, Oct 21 (IANS) State-run Bharat Sanchar Nigam Ltd (BSNL) and over-the-top (OTT) content platform YuppTV on Monday signed a memorandum of understanding to offer bundled video content to broadband subscribers of the telecom operator to take on rivals Jio and Airtel.
- Start-ups to get access to GeM portal for selling products(20:20)
New Delhi, Oct 21 (IANS) The Ministry of Electronics and Information and Technnology (Meity) will scale up the availability of products and services of start-ups on GeM or Government eMarketplace platform where ministries, PSUs and departments can be prospective buyers.
- Franchisees to offer choice of suppliers to power consumers(19:36)
New Delhi, Oct 21 (IANS) Unable to introduce amendments to Electricity Act, 2003 due to lack of concensus among states, the Centre has decided to push through next big reform in the power sector - to allow consumers to choose their electricity suppliers offering the lowest tariff - through an administrative order.
- Social media regulations to be ready by Jan 2020: Centre to SC(18:44)
New Delhi, Oct 21 (IANS) The Centre on Monday informed the Supreme Court that the entire process of finalising the laws on regulating social media will be completed by January 2020, while seeking three months more time for notifying the final revised rules in accordance with law.
- SC issues NBWs against Managing Directors of 32 companies(18:30)
New Delhi, Oct 21 (IANS) The Supreme Court has issued non-bailable warrants against Managing Directors of 32 Mumbai-based companies after they failed to deposit a penalty of Rs 5 lakh each as ordered by the apex court in October 2016.
- Conventional markets hit by e-commerce companies(18:16)
By Brij Khandelwal
Agra, Oct 21 (IANS) E-commerce companies are buying and selling goods on the Internet and are expanding their footprints everyday. This has impacted the business of local markets in a big way. Even during the festival season, most of the local markets here continue to look deserted, said the traders association on Monday.
- Banking operations to be hit on Tuesday due to strike(17:14)
Chennai, Oct 21 (IANS) Banking operations across the country will be affected on Tuesday as about 3.5 lakh bank employees will be on strike to protest mergers of government banks, said a top leader of All India Bank Employees' Association (AIBEA).
- Jio's new 'all-in-one' plans include free IUC minutes(16:02)
New Delhi, Oct 21 (IANS) Reliance Jio on Monday announced new "all-in-one" plans which are marginally cheaper than its existing prepaid plans and also include Interconnect usage charges for 1,000 minutes of outgoing calls.