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Khushboo Narayan
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Govt could see a shortfall of `40K cr in direct tax collections this fiscalSubscriber Only
January 26, 2016 03:13 IST
In the first 10 months of 2015-16, the collection has only been Rs 5.20 lakh crore in direct taxes, according to the income tax department.
Tue, Jan 26, 2016
CityBiz: Real estate sector yet to shake off gloomSubscriber Only
January 23, 2016 01:45 IST
Early this month, Amazon leased a 30,000 square foot space office.
Sat, Jan 23, 2016
Buyers told to quote PAN, jewellers count lossesSubscriber Only
January 16, 2016 01:27 IST
The loss is attributed to the government’s new rule, which makes quoting of Permanent Account Number (PAN) mandatory on any transaction of Rs 2 lakh and above, has hit them hard.
Sat, Jan 16, 2016
Mumbai man claims custody of Rs 500 crore Wipro sharesSubscriber Only
January 14, 2016 02:51 IST
Amjad Meher Baksh, an accused in the 1993 Mumbai bomb blasts case who was later discharged by Supreme Court, has made the request, according to top officials familiar with the development.
Thu, Jan 14, 2016
They tipped govt on tax evaders, now sue for rewardSubscriber Only
January 12, 2016 01:49 IST
Under earlier rules, the I-T department would give 10 per cent of the amount seized as reward to the informant. But since last year, they have capped it at Rs 15 lakh, irrespective of the value of the assets recovered.
Tue, Jan 12, 2016CityBiz: Hyperlocal start-ups raise millionsSubscriber Only
January 09, 2016 02:22 IST
This has led to a shakedown in the market. City-based LocalBanya has shut shop since October; its website says it is under renovation.
Sat, Jan 09, 2016
Fast track trial of City Limouzines chief: ED to SCSubscriber Only
January 08, 2016 03:59 IST
The latest move by the agency comes after the Singapore government has said that it will repatriate the ill gotten gains of about Rs 280 crore lying in the foreign accounts of Masood only after his final conviction.
Fri, Jan 08, 2016
ED faces setback in Lalit Modi investigationSubscriber Only
January 07, 2016 00:09 IST
Six months after agency sent LR, Singapore asks for specifics.
Thu, Jan 07, 2016Top I-T defaulter Acharyas owe Rs 450 crore to small investorsSubscriber Only
January 05, 2016 04:18 IST
The Indian Express was not able to reach eitherAmul Acharya or Bhavna Acharya for comments.
Tue, Jan 05, 2016
A ‘Smart Mumbaikar’ boards the start-up wagon, to keep pollution in checkSubscriber Only
January 01, 2016 01:35 IST
Currently, Smart Mumbaikar make 1 lakh trips a month, which according to him, is a minuscule proportion of the market.
Fri, Jan 01, 2016
Bandra Kurla Complex cannot work as IFC until regulatory issues are sorted outSubscriber Only
December 31, 2015 03:59 IST
It was supposed to be the global financial centre on the lines of London, Tokyo or New York. A decade after it was first announced, plans for an IFC at the city’s business district are still work in progress.
Thu, Dec 31, 2015
Century Communications: ‘Firm diverted funds with fake invoices from suppliers owned by the promoters’Subscriber Only
December 19, 2015 01:38 IST
A caution notice is an internal communication issued by a bank to its branches alerting them about companies which have defrauded other banks.
Sun, Dec 20, 2015
Varun Industries: At the peak of its business in FY11, firm’s net worth was Rs 461.62 cr & its debt Rs 932 crSubscriber Only
December 18, 2015 00:56 IST
According to its annual report for the fiscal year ended March 2013, the latest available, the company has fixed assets of Rs 380 crore and receivables of Rs 1,723.9 crore
Fri, Dec 18, 2015
Black Label caught in red tape, no takers at liquor auctionsSubscriber Only
December 17, 2015 08:47 IST
According to the FSSAI official, the Customs should seek its clearance before an auction. “No unsafe food should enter the country,” he said.
Thu, Dec 17, 2015
Surya Vinayak Industries: Seized stock of fragrances claimed to be worth Rs 800 cr actually valued at Rs 4 crSubscriber Only
December 17, 2015 03:52 IST
Surya Vinayak is currently being investigated by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED).
Thu, Dec 17, 2015
Zoom Developers: ‘Banks issued guarantees worth Rs 3,000 cr against collateral of just Rs 150 cr’Subscriber Only
December 16, 2015 02:00 IST
The Indian Express sent a detailed mail to all the banks that have an exposure to Zoom Developers, but none of them responded.
Thu, Dec 17, 2015
Winsome diamonds: From blaming Jordan to principles of natural justiceSubscriber Only
December 15, 2015 01:48 IST
One of the biggest challenges for the NDA government is to clean up the pile of bad loans. At last count, over 10% of outstanding loans or over Rs 3 lakh crore have either turned bad or had to be restructured.
Thu, Dec 17, 2015
ED seizes Birla Surya land worth Rs 30.2 crore in MaharashtraSubscriber Only
December 12, 2015 01:55 IST
The ED is now planning to launch prosecution proceedings against Birla and PVR Murthy, managing director of Birla Power Solutions Ltd, said ED sources.
Sat, Dec 12, 2015DRI-AIU joint operation: Four booked for carrying Rs 3.2 crore in foreign currencySubscriber Only
December 10, 2015 05:42 IST
The investigative agencies suspect that this money could be unaccounted for and might have been for the same purpose.
Thu, Dec 10, 2015
Invest more in edu, health, infra: Piketty to IndiaSubscriber Only
December 05, 2015 01:11 IST
Piketty said that the Indian elite have not adjusted to the idea of such collective, public investment.
Sat, Dec 05, 2015
CBI to probe alleged misuse of $3.2-bn UCO Bank export advancesSubscriber Only
December 03, 2015 00:53 IST
ED has found that shell firms took advance payments of at least Rs 946 cr from UCO Bank.
Thu, Dec 03, 2015
Campus jobs: Wary of hype, IIT Bombay screens start-upsSubscriber Only
December 02, 2015 03:26 IST
Feedback sought from experts, start-ups asked to provide balance sheets for three years.
Wed, Dec 02, 2015
RBI keeps repo rate unchanged at 6.75 per cent, says its target inflation rate is 6 per cent by January 2016Subscriber Only
December 01, 2015 11:49 IST
Meanwhile, consumers might have something to cheer about in the coming months as the central bank put further pressure on banks to pass on the rate cuts.
Tue, Dec 01, 2015
M&As yet to take off this year over legal, tax, regulatory issuesSubscriber Only
November 30, 2015 00:23 IST
Till November, the value of M&A deals, which typically law firms advise on, was $29.6 billion compared with $37.4 billion in the whole of 2014, according to Thomson Reuters data.
Mon, Nov 30, 2015ED moves SC to cancel Hasan Ali bailSubscriber Only
November 27, 2015 02:54 IST
The ED filed a special leave petition (SLP) against Khan on November 23, according to the Supreme Court website. The apex court has issued a notice to Khan but the case is yet to be heard, said his lawyer.
Fri, Nov 27, 2015Journalism of Courage
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