Business Others

Car crashes in world’s oldest nation spur changes by automakers

January 19, 2021 9:56:12 am

Last year, Toyota upgraded its Safety Sense offering. The technology is designed to prevent or mitigate frontal collisions as well as keep drivers within their lane.

Housing sales plunge 50% in NCR during 2020; demand falls 37% across 8 major cities

January 6, 2021 2:14:00 pm

Housing sales fell in all eight major cities, with demand falling most in Ahmedabad and least in Pune.

Census 2011 data, people migrating to Mumbai, migrant workers in mumbai, Covid outbreak, Maharashtra news, mumbai city news

Urban jobless rate rises to 9.1% in Jan-Mar from 7.9% in Oct-Dec ’19

January 1, 2021 8:39:46 am

Urban unemployment was recorded at 8.4 per cent in July-September 2019, 8.9 per cent in April-June 2019 and 9.9 per cent in October-December 2018.

Mumbai witnesses record home sale registrations in December: Knight Frank India

December 31, 2020 2:37:32 pm

As much as 3,059 units were registered between December 28–30, 2020, it said. Till December 25, the daily average of the number of units getting registered in this month was at 585 units.

Online test requirements for independent directors eased

December 20, 2020 1:43:10 am

The amended regulations also exempt any directors with over three years of experience as a director or Key Managerial Personnel (KMP) in a listed company or an unlisted public company with a paid-up capital of over Rs 10 crore from the requirement.

Jeff Bezos’s former wife MacKenzie Scott donates over $4 billion in four months

December 16, 2020 10:47:48 am

Scott’s gifts this year approach $6 billion, which “has to be one of the biggest annual distributions by a living individual” to working charities, according to Melissa Berman, chief executive officer of Rockefeller Philanthropy Advisors.

CCI to launch study into impact of multiple investments by PE firms in same sector

December 5, 2020 1:24:31 am

CCI Chairman Ashok Kumar Gupta said investments by PE firms had surpassed strategic FDI investments in India.

Pizza Hut co-founder Frank Carney dies from pneumonia at 82

December 3, 2020 2:56:21 pm

Carney had recently recovered from COVID-19, but had Alzheimer's disease for more than a decade, the Wichita Eagle reported. He died at 4:30 a.m. at an assisted living facility in Wichita, his wife and brother told the Eagle.

Tamil Nadu bans online games, gambling; joins AP, Telangana

November 23, 2020 8:22:01 am

People who will be found gaming online will be fined Rs 5,000 and be punished with a six month sentence, while those who open or keep open online gaming houses will be fined Rs 10,000 and be imprisoned for two years.

April-October: EPFO settles claims worth Rs 55.9K crore

November 21, 2020 1:23:57 am

Of this, 47.58 lakh were Covid-19 advance claims worth Rs 12,220.26 crore, a letter sent by EPFO to its Central Board of Trustees on Friday showed.

india covid impact, india covid impact on loans, interest on loans waived off, interest on loans upto 2 crore waived off, nirmala sitharaman

Budget 2021-22: Industry associations, experts asked to submit ideas by e-mail

November 14, 2020 1:10:26 am

“The government has launched a micro-site (online portal) on MyGov platform which will go live on 15th November 2020 to receive ideas for the budget,” the Centre said in a statement.

Govt asks CPSEs to pay higher dividends

November 14, 2020 12:56:52 am

Some CPSEs have also been asked to undertake share buyback, as mandated by the new rules for companies that have net worth of over Rs 2,000 crore and cash and bank balance of over Rs 1,000 crore

bigbasket, big basket data breach, big basket data leaked, big basket user details leaked, big basket cyber crime

Bigbasket faces potential data breach; details of 2 crore users put on sale on dark web

November 8, 2020 1:46:32 pm

Cyble claimed that the breach occurred on October 30, 2020 and it has already informed the management of Bigbasket about it.

Jeff Bezos, Jeff Bezos defamation case, Jeff Bezos leaked photos case, Jeff Bezos photos defamation case, amazon

Bezos beats defamation lawsuit over photos leaked to enquirer

November 7, 2020 11:21:51 am

A California state judge, who had issued a tentative ruling dismissing the case on Thursday, officially tossed it out on Friday under a law protecting free-speech rights.

Subhash Chandra Garg, former financce secretary, Subhash Chandra Garg, Nirmala Sitharaman, Subhash Chandra Garg nirmala sitharaman tranfer, Subhash Chandra Garg finance ministry

Took VRS as govt’s reform agenda ‘was slipping away after general elections’: Subhash Garg

November 1, 2020 12:50:00 am

Ex-Finance Secretary Subhash Chandra Garg says relationship with Finance Minister Nirmala Sitharaman became ‘unproductive’.

cbdt, central board of direct taxes, vivad se vishwas scheme, union budget 2020, budget news,

I-T, GST returns deadline extended again

October 25, 2020 1:17:16 am

The government had last month extended the last date for filing GST annual return and audit report for the 2018-19 fiscal by a month till October 31.

Ex-NCLAT chairperson joins Liberty House parent group advisory board

October 24, 2020 7:18:58 am

Retired Supreme Court judge Justice S J Mukhopadhaya has been appointed to a 17-member global advisory board of the Gupta Family Group (GFG) alliance.

Curbs on coercive, intrusive powers of tax officers for recovery

October 17, 2020 1:15:27 am

The new order now allows coercive/intrusive measures only after exhaustion of other means of recovery and restrict recovery surveys to the non-responsive/non-traceable taxpayers.

India may close its dirtiest coal plants as green focus grows

October 7, 2020 11:51:57 am

The plan under consideration by the power ministry would cap plants’ so-called heat rate, which is a measure of how much coal energy is needed to produce each unit of electricity, according to people with knowledge of the issue.

I-T dept extends FY19 ITR filing deadline till Nov 30

September 30, 2020 6:13:18 pm

In March, the due date was extended from March 31 to June 30. Later in June, it was again extended by a month till July 31. In July, it was extended till September 30.

gst, gst collections, gst october collections, covid impact on gst collections, indian economy

Pre-filled GST return form soon: GST Network CEO

September 21, 2020 5:24:51 pm

GSTN, which handles the IT backbone for Goods and Services Tax (GST) has already started providing tax liability data based on sales return GSTR-1 of the taxpayer to be used in his tax payment form GSTR-3B in pdf form.

Mining tycoon Anil Agarwal and Centricus Asset Management team up for turnaround fund

September 18, 2020 2:35:57 pm

They have started approaching potential investors for the proposed India Direct Investment fund, which will buy stakes in government companies being sold as part of the country’s 2.1 trillion-rupee ($29 billion) divestment program

Over 1,600 Indian companies received USD 1 billion FDI from China during Apr 2016-Mar 2020: Govt data

September 15, 2020 6:23:41 pm

These companies were in 46 sectors. Out of them, the automobile industry, printing of books (including litho printing industry), electronics, services and electrical equipment received more than USD 100 million FDI each from China during the said period.

Employees’ Provident Fund Organisation, EPFO contribution employees, interest rate on employees provident fund, SC/ST employees epfo

8.15% interest rate on PF to be paid now, rest linked to equity returns

September 11, 2020 5:57:53 pm

Employees’ Provident Fund Organisation (EPFO) interest rate: The EPFO invests 85% of its annual accruals in the debt market and 15% in equities through ETFs.

‘NDHM has potential for unlocking creativity, getting pvt sector initiatives; have privacy by design, data is secure’: Dr Indu Bhushan

August 23, 2020 12:30:44 am

In an interview to The Sunday Express, Bhushan discusses the benefits of the NDHM scheme, its pilot in six Union Territories, privacy concerns and how the private sector is expected to participate.