Amid Covid, I-T Dept refunds Rs 98.6K cr to 26 lakh taxpayers

Amid Covid, I-T Dept refunds Rs 98.6K cr to 26 lakh taxpayers

🕔19:34, 2.Sep 2020

New Delhi, Sep 2  In pursuance of the exercise to meet liquidity needs of taxpayers during the Covid-19 pandemic, the Income Tax Department said it has fast-tracked its tax refund process and processed 26.2 lakh cases amounting to more than

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Bajaj Auto reports 9% decline in August sales

Bajaj Auto reports 9% decline in August sales

🕔19:31, 2.Sep 2020

Mumbai, Sep 2  Two-wheeler and commercial vehicle manufacturer Bajaj Auto’s total sales in August fell by 9 per cent on a year-on-year basis. According to the company, total sales during the month under review fell to 356,199 units from 390,026

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RattanIndia sells solar power assets to GIP for Rs 1,670 cr

RattanIndia sells solar power assets to GIP for Rs 1,670 cr

🕔19:30, 2.Sep 2020

New Delhi, Sep 2  Leading infrastructure investor Global Infrastructure Partners (GIP) has bought the entire solar portfolio of RattanIndia Power Ltd (formerly India Bulls Power) for an enterprise value of about Rs 1,670 crore ($232 million). RattanIndia Group has solar

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NCLT approves sale of IL&FS education arm to LEHL

NCLT approves sale of IL&FS education arm to LEHL

🕔19:29, 2.Sep 2020

Mumbai, Sep 2 The National Company Law Tribunal (NCLT) has approved the sale of IL&FS’s education business, Schoolnet India Ltd, to Lexington Equity Holdings Ltd (LEHL). As per the deal, LEHL will service the entire debt of Schoolnet and will pay

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Odisha clears investment proposals of Rs 3,205.67 crore

Odisha clears investment proposals of Rs 3,205.67 crore

🕔19:26, 2.Sep 2020

Bhubaneswar, Sep 2  The Odisha government on Wednesday approved seven investment proposals worth Rs 3205.67 crore, which is likely to generate employment for 2,494 people in the state. The State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief

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Rajasthan has great opportunity for domestic manufacturing in energy sector: FICCI

Rajasthan has great opportunity for domestic manufacturing in energy sector: FICCI

🕔19:25, 2.Sep 2020

Jaipur, Sep 2  Rajasthan is home to most of the conventional and non-conventional sources of energy generation. The government of India has released its roadmap to achieve 175 GW capacity in renewable energy by 2022, which includes 100 GW of

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Capital breaks Covid plateau, records biggest 1-day spike in 2 months

Capital breaks Covid plateau, records biggest 1-day spike in 2 months

🕔19:21, 2.Sep 2020

New Delhi, Sep 2  The national capital has reported the highest one-day surge of fresh coronavirus cases in a span of two months. Delhi recorded 2,312 positive cases and 18 fatalities due to COVID-19, pushing the tally to1,77,060 while the

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Cabinet nod to ‘Mission Karmayogi’ for civil services capacity building

Cabinet nod to ‘Mission Karmayogi’ for civil services capacity building

🕔19:18, 2.Sep 2020

New Delhi, Sep 2  The Union Cabinet on Wednesday approved ‘Mission Karmayogi’ — a National Programme for Civil Services Capacity Building. The government hopes it will help civil servants remain entrenched in Indian culture while they learn from best practices

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‘Game Over’: India bans PUBG, 117 more Chinese apps

‘Game Over’: India bans PUBG, 117 more Chinese apps

🕔19:04, 2.Sep 2020

New Delhi, Sep 2  In yet another surgical strike on malicious Chinese apps, the Indian government on Wednesday banned 118 apps over national security concerns, including the immensely popular Player Unknown’s Battlegrounds (PUBG) Mobile, Baidu and couple of virtual private

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Form panel to monitor festival sales by e-com firms: CAIT to Centre

Form panel to monitor festival sales by e-com firms: CAIT to Centre

🕔16:31, 2.Sep 2020

New Delhi, Sep 2  The Confederation of All India Traders (CAIT) has urged the Centre to constitute a ‘monitoring committee’ to regulate and check the festival sales held by e-commerce companies. In a communication sent to Union Commerce Minister Piyush

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Airlines allowed to deploy up to 60% capacity in domestic sector

Airlines allowed to deploy up to 60% capacity in domestic sector

🕔16:27, 2.Sep 2020

New Delhi, Sep 2 The Centre on Wednesday increased the limited domestic passenger flight operations’ capacity to 60 per cent from an earlier 45 per cent, with immediate effect. Till now, the Centre had permitted only 45 per cent capacity utilisation

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NHSRCL to study 7 new Bullet Train corridors totalling 5,000 km

NHSRCL to study 7 new Bullet Train corridors totalling 5,000 km

🕔16:23, 2.Sep 2020

New Delhi, Sep 2  Even as the National High Speed Rail Corporation (NHSRCL) is working on the construction of the 508 km-long Ahmedabad-Mumbai high speed train or Bullet Train project, the agency is also holding studies for 5,000 km long

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Stop printing calendars, diaries, go digital: Govt depts told

Stop printing calendars, diaries, go digital: Govt depts told

🕔16:21, 2.Sep 2020

New Delhi, Sep 2  Amid ever-increasing cases of coronavirus in the country and the economy going through an unprecedented recession, the Centre has come up with an interesting directive as it has told all ministries and departments to halt the

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PM to address 3rd USISPF summit on Thursday

PM to address 3rd USISPF summit on Thursday

🕔15:07, 2.Sep 2020

New Delhi, Sep 2  Prime Minister Narendra Modi will deliver a special keynote address at the US-India Strategic Partnership Forum (USISPF) 3rd annual leadership summit on Thursday. The Prime Minister will address the summit at 9 p.m. IST through a

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Western Railway saves 3 cr due to ‘solar power’

Western Railway saves 3 cr due to ‘solar power’

🕔15:04, 2.Sep 2020

Mumbai, Sep 2  The Western Railway (WR) has claimed that it has slashed power bills worth Rs 3 crore by exploiting solar power at 75 stations on its network, an official said here on Wednesday. These rooftop solar plants generate

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644 villages in 16 UP districts affected by floods

644 villages in 16 UP districts affected by floods

🕔15:03, 2.Sep 2020

Lucknow, Sep 2  At least 644 villages in 16 districts of Uttar Pradesh have been inundated with flood waters, according to official sources. In a statement, Relief Commissioner said that these villages are located in Ambedkar Nagar, Ayodhya, Azamgarh, Bahraich,

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Flipkart Wholesale launches B2B marketplace for kiranas, MSMEs

Flipkart Wholesale launches B2B marketplace for kiranas, MSMEs

🕔15:02, 2.Sep 2020

Bengaluru, Sep 2  E-commerce platform Flipkart on Wednesday launched operations of its digital business-to-business marketplace, Flipkart Wholesale, with an aim to connect local manufacturers with retailers and bring the entire wholesale marketplace at their fingertips. The platform is currently available

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Vodafone Idea board to mull raising funds post AGR verdict

Vodafone Idea board to mull raising funds post AGR verdict

🕔15:01, 2.Sep 2020

New Delhi, Sep 2  The Board of Directors of Vodafone Idea Ltd (VIL) will meet on Friday to discuss and evaluate proposals for raising funds in one or more tranches through public issue, issue of equity shares or securities among

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Amazon to invest $18 billion this year to help SMBs grow

Amazon to invest $18 billion this year to help SMBs grow

🕔14:56, 2.Sep 2020

Seattle, Sep 2  Amazon has announced to invest $18 billion this year to help small and medium businesses (SMBs) scale their operations and grow. In the next 12 months, the ecommerce behemoth will provide more than 500,000 SMBs in the

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Japan’s ruling party to choose Abe’s successor on Sep 14

Japan’s ruling party to choose Abe’s successor on Sep 14

🕔14:55, 2.Sep 2020

Tokyo, Sep 2  Japan’s ruling Liberal Democratic Party (LDP) on Wednesday announced that it will choose outgoing Prime Minister Shinzo Abe’s successor during a vote on September 14 The race for the party’s top position will officially start on September

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