Briefly Business: In a first,service tax defaulter arrested

This is the first arrest after finance minister P Chidambaram made applicable provisions of CrPC

A courier company owner was arrested for allegedly evading service tax of about Rs 70 lakh. This is the first arrest after finance minister P Chidambaram made applicable provisions of CrPC to arrest service tax defaulter in the country.

TCS to develop its SEZ facility from Aug 10

Indore: Tata Consultancy Services (TCS) will start developing its facility here on 100 acre of land at the special economic zone (SEZ) from August 10,officials said here on Monday.

BMW to hike prices by up to 5% from Aug 15

New Delhi: German luxury car maker BMW group today said it will increase prices of its products across models by up to 5 per cent amid higher import costs due to the declining rupee.

SFIO probing 67 cos for ponzi schemes

New Delhi: The investigation agency for serious corporate frauds,SFIO,is probing 67 companies for allegedly running ponzi schemes,Parliament was informed on Monday.

Once an MP, rape-convict Prajwal Revanna is now a clerk at prison library

Cities7 hr ago

Former JD(S) MP Prajwal Revanna, grandson of former PM H D Deve Gowda, has been assigned clerical duties at Parappana Agrahara Central Prison after receiving a life sentence for rape. He earns Rs 520 per day and faces multiple charges stemming from four cases, with evidence including videos of the assaults recorded on his phone. He was found guilty in one case and still faces trial in the others.

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