New Delhi, Feb 4 (PTI) The government has taken note of news reports about alleged app 'Tek Fog' purportedly used to manipulate social media platforms, and the IT ministry has tried to locate it on prominent app stores but could not find it, Parliament was informed on Friday. The ministry is not aware of any [...]
New Delhi, Feb 4 (PTI) Shares of Godrej Properties on Friday tumbled nearly 10 per cent, a day after announcing plans to invest Rs 700 crore in D B Realty amid apprehensions over the proposed transaction. After market hours on Friday, Godrej Properties said it has decided to cancel the plan. "We've decided against going [...]
Telecom operator Airtel Africa on Friday reported a 54.4 per cent increase in profit after tax (PAT) to USD 180 million for the December 2021 quarter. The company had posted a PAT of USD 116 million in the same period a year ago. The underlying revenue of Bharti Airtel's African telecom arm increased by 17.9 [...]
New Delhi, Feb 4 (PTI) The government is examining proposals from three telecom companies keen to opt for converting interest on deferred spectrum and adjusted gross revenue (AGR) dues into equity, Telecom Minister Ashwini Vaishnaw said in the Rajya Sabha on Friday. The minister -- responding during Question Hour to a query [...]
New Delhi, Feb 4 (PTI) The government will settle almost all the retrospective tax cases this month, closing a chapter that plagued India's reputation as an investment-friendly destination, a top official said on Friday. A 2012 amendment that gave taxmen powers to go back 50 years and slap capital gains levies wherever ownership had changed hands [...]
Real estate firm Godrej Properties has decided to cancel its plans to invest Rs 700 crore in DB Realty to acquire 10 per cent stake and set up a joint platform amid concerns raised by minority shareholders and other stakeholders. On Thursday, Godrej Properties had announced that it would invest Rs 400 crore to acquire [...]
Kolkata, Feb 4 (PTI) Union Minister of State for Finance Bhagwat Kishanrao Karad on Friday said that the union budget presented by Finance Minister Nirmala Sitharaman will give stability to the country. The budget had proposed different schemes to support various sectors of the economy in the pandemic situation, he said at an event organised [...]
New Delhi, Feb 4 (PTI) BSE's Chief Executive Officer and Allahabad University Chancellor Ashishkumar Chauhan will head an expert committee that will deliberate on the feasibility of bringing the National Institute of Industrial Engineering (NITIE) Mumbai under the IIM Act. NITIE Mumbai, established by the Government of India in 1963, is an [...]
Mumbai, Feb 4 (PTI) Reliance Industries (RIL), headed by India's richest man Mukesh Ambani, has bought an ultra-luxury Rolls Royce hatchback costing Rs 13.14 crore.If RTO officials are to be believed, it is one of the most expensive car purchases ever in the country.The car, a Rolls Royce Cullinan petrol model, was registered by RIL [...]
