Mumbai, Mar 20 (PTI) Logistics firm Transport Corporation of India is planning to line up a capital expenditure of around Rs 250 crore for the next fiscal, a top company executive has said.Of the total capital expenditure (Capex), the company is expected to spend Rs 100-125 crore on ships and containers, the executive added.The company [...]
New Delhi, Mar 20 (PTI) The Income Tax department has detected "undisclosed" income of more than Rs 224 crore after it recently raided Maharashtra-based unicorn start-up Infra.Market, officials said on Sunday. The searches were launched on March 9 at the firm's 23 premises in Maharashtra, Karnataka, Andhra Pradesh, Uttar Pradesh and Madhya Pradesh. The CBDT [...]
The government is planning to merge Bharat Broadband Nigam Limited (BBNL) with the loss-making state-run telecom operator Bharat Sanchar Nigam Limited (BSNL) this month, a senior official has said. BSNL chairman and managing director PK Purwar at a recent event organised by the All India Graduate Engineers and Telecom officers Association (AIGETOA) said that the [...]
Stock markets will be guided by global factors such as the Russia-Ukraine war, the COVID-19 situation in China and crude oil prices in absence of major domestic events this week, analysts said. Stock markets are expected to keep their winning momentum this week as FIIs may come back aggressively fuelling a further rally in the market, they added. [...]
Kochi, Mar 20 (PTI) Catering to aspirations of the new crop of employees and employers, especially in the post-pandemic phase, leading co-working space provider SpazeOne has launched its first centre in Kerala at a mall here. The co-working centre that has come up in a 5,000 sq ft space at Abad Nucleus Mall in Maradu [...]
New Delhi, Mar 20 (PTI) Maize exports increased by over 28.5 per cent to USD 816.31 million during April-January this fiscal, against USD 634.85 million in the same period last financial year, the commerce ministry said on Sunday.Neighbouring countries like Bangladesh and Nepal are the major importers of maize from India, it added.Bangladesh has imported [...]
New Delhi, Mar 20 (PTI) The government has extended the timeline up to ten years for startups to convert debt investments made in the company into equity shares, a decision which is likely to give a relief to budding entrepreneurs to deal with the impact of Covid-19 pandemic, according to a press note of the [...]
New Delhi, Mar 20 (PTI) Nearly one-third of total office spaces in six major cities have been certified as green buildings, as real estate developers are focusing more on sustainability aspects in their projects, according to CBRE.In its report 'Indian Real Estate's ESG (environmental, social and governance) Landscape and its Progress to a Sustainable Future', [...]
Led by Maharashtra, the cumulative revenue collection from stamp duty and registration fee of all the states jumped to Rs 1,00,100 crore for the first eight months of the current fiscal year, which for the entire FY21 was Rs 1,27,700 crore, according to a report. An analysis of state-wise data by Motilal Oswal Financial Services [...]
Abu Dhabi, Mar 20 (PTI) International experience is one of the best ways to develop an understanding of diverse cultures, said Hans Fraikin, Film & TV Commissioner, Abu Dhabi Film Commission (ADFC), urging Indian filmmakers to make more films in the city.Abu Dhabi has already served as a location hub for several Indian films such [...]
