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New compounding rules make it difficult for tax evaders to get away

New compounding rules make it difficult for tax evaders to get away

🕔19:47, 15.Jun 2019

New Delhi, June 15 (IANS) Tightening the screw on tax evaders, the revised guidelines issued by the Income Tax (I-T) Department have made serious offences under black money and benami laws “generally” non-compoundable. This means that a person or entity would

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Don’t regulate us for the sake of it: Pichai

Don’t regulate us for the sake of it: Pichai

🕔13:15, 15.Jun 2019

New York, June 15  Facing an anti-trust probe from the US government, Google CEO Sundar Pichai has cautioned against those who may want to regulate the tech giants “for the sake of regulating.” In an interview with CNN Business, Pichai

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Tata Comm divests 26% stakes in Singapore data centre biz

Tata Comm divests 26% stakes in Singapore data centre biz

🕔18:00, 14.Jun 2019

Mumbai, June 14  Tata Communications has divested its remaining 26 per cent stake in its Singapore-based subsidiary engaged in the data centre business. “Tata Communications International Pte Ltd (TCIPL) a wholly-owned arm of the company in Singapore has informed that

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Google makes $600 mn investment to expand US data centre

Google makes $600 mn investment to expand US data centre

🕔13:06, 14.Jun 2019

San Francisco, June 14  As part of its plan to invest $13 billion in building new data centres and offices in over a dozen states in the US this year, Google has announced a fresh investment of $600 million to

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Now Facebook ad breaks for Marathi, Punjabi, Kannada, Telugu as well

Now Facebook ad breaks for Marathi, Punjabi, Kannada, Telugu as well

🕔11:12, 14.Jun 2019

Menlo Park (California), June 14 Facebook is expanding money spinning ad breaks to Marathi, Punjabi, Kannada and Telugu as it was available only in select languages so far. Number of pages using ad breaks has tripled and those earning over $1,000

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FDI in India grew by 6% to $42bn in 2019: UNCTAD

FDI in India grew by 6% to $42bn in 2019: UNCTAD

🕔21:36, 13.Jun 2019

United Nations, June 13 (IANS) Foreign Direct Investment (FDI) in India grew by 6 per cent to $42 billion last year, according to the UN Conference on Trade and Development (UNCTAD). “Investment was strong in manufacturing, communication and financial services —

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JGU launches Young Global Business Leader programme

JGU launches Young Global Business Leader programme

🕔13:00, 13.Jun 2019

New Delhi, June 13  As technology and shifting battles of globalisation transform the workplace, the OP Jindal Global University has launched a new one-year certificate programme for developing graduates into global business leaders, the program will skill up fresh graduates

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Modi building Cloud-first approach to empower Indians: Top AWS official

Modi building Cloud-first approach to empower Indians: Top AWS official

🕔11:21, 12.Jun 2019

Washington, June 12  For a country like India, the hope lies in a visionary leader like Prime Minister Narendra Modi who is aiming to create a Cloud-first approach towards skilling and digital transformation, thus empowering over a billion people, says

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BSES launches EV charging station in Delhi, plan for 150 more

BSES launches EV charging station in Delhi, plan for 150 more

🕔08:06, 12.Jun 2019

New Delhi, June 12  Delhi electricity distribution company BSES on Tuesday unveiled its first public electric vehicle (EV) charging station as part of its plan to set up over 150 EV charging stations across its licensed area in the capital.

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RIL, BP sanction 3rd phase of integrated KG D6 development

RIL, BP sanction 3rd phase of integrated KG D6 development

🕔22:56, 11.Jun 2019

Mumbai, June 11 (IANS) Reliance Industries (RIL) and BP on Tuesday announced the sanction of the MJ project (also known as D55) or the third phase in Block KG D6 offshore the east coast of India. MJ is the third of

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Google Maps get test ‘off-route’ alert feature in India

Google Maps get test ‘off-route’ alert feature in India

🕔11:58, 11.Jun 2019

San Francisco, June 11  As part of the many new features Google is experimenting with and adding on Maps, the search engine giant is testing an “Off-route” alert feature, exclusively in India for now. Intended to keep users safe while

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Paytm dominates UPI merchant payment with 60% share

Paytm dominates UPI merchant payment with 60% share

🕔16:49, 10.Jun 2019

New Delhi, June 10  Digital payments firm Paytm on Monday said it enabled seven crore UPI-based merchant transactions out of the total 12 crore transactions in the country in May 2019. The firm has also enabled its 1.2 crore partner

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Dark web listings of malware on the rise : Study

Dark web listings of malware on the rise : Study

🕔14:43, 9.Jun 2019

London, June 8 (IANS) There has been a 20 per cent rise in the dark net listings of malware targeting enterprises, warns a study. The dark net is that part of the Internet which is inaccessible when using standard browsers like

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Demonetisation, Aadhaar spurred digital payments growth : RBI

Demonetisation, Aadhaar spurred digital payments growth : RBI

🕔14:41, 9.Jun 2019

New Delhi, June 8 (IANS) After the demonetisation of Rs 500 and Rs 1000 notes in 2016 pushed digital payments, Aadhaar-enabled electronic know your customer (eKYC) resulted in an exponential growth of such payments in the country, according to a new

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MCA to look at new framework for credit rating agencies for strong corporate governance

MCA to look at new framework for credit rating agencies for strong corporate governance

🕔14:40, 9.Jun 2019

New Delhi, June 8 (IANS) The Ministry of Corporate Affairs is likely to take a relook at a new framework of credit rating agencies as a strong corporate governance structure is essential for a market economy, Corporate Affairs Secretary Injeti Srinivas

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RBI slaps Rs 2 cr penalty on Kotak Mahindra Bank

RBI slaps Rs 2 cr penalty on Kotak Mahindra Bank

🕔07:33, 8.Jun 2019

Mumbai, June 8  The Reserve Bank of India (RBI) on Friday imposed a penalty of Rs 2 crore on Kotak Mahindra Bank for not complying with the central bank’s directions to furnish details of its promoter shareholding. The bank was

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RBI issues new circular on resolution of stressed assets

RBI issues new circular on resolution of stressed assets

🕔22:53, 7.Jun 2019

Mumbai, June 7 (IANS) The Reserve Bank of India on Friday issued a revised framework for resolution of stressed assets allowing lenders to start resolution process within 30 days of default. The circular comes after the Supreme Court in April struck

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Pichai, Friedman to get 2019 Global Leadership Award

Pichai, Friedman to get 2019 Global Leadership Award

🕔10:56, 6.Jun 2019

Washington, June 6  Business advocacy group USIBC has chosen Google CEO Sundar Pichai and Nasdaq President and CEO Adena Friedman as recipients of its prestigious 2019 Global Leadership Award for “catalyzing growth in the US-India commercial corridor”. Reacting to his

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Microsoft, Oracle join hands to take on AWS Cloud

Microsoft, Oracle join hands to take on AWS Cloud

🕔10:55, 6.Jun 2019

San Francisco, June 6  In a rather unusual arrangement, two Cloud rivals Microsoft and Oracle have announced an interoperability partnership enabling customers to migrate and run mission-critical enterprise workloads across Microsoft Azure and Oracle Cloud. Enterprises can now seamlessly connect

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Soon Alexa will plan family night outs, movie to dinner

Soon Alexa will plan family night outs, movie to dinner

🕔10:28, 6.Jun 2019

Las Vegas, June 6 (IANS) Amazon’s personal assistant Alexa will soon be able to execute a complete family night out experience where it may book the movie (and let you watch a trailer too), make a restaurant reservation and pre-book an

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