India quit RCEP in national interest: Goyal

India quit RCEP in national interest: Goyal

Commerce Minister tells BJP parliamentary party that the move was aimed at protecting domestic industry India did not succumb to international pressure for joining the Regional Comprehensive Economic Partnership (RCEP) to save the interests of domestic industry, Commerce and Industry Minister Piyush Goyal told BJP MPs on Tuesday. In the first meeting of the BJP’s […]

No relief on AGR, Airtel, Vodafone Idea asked to pay dues after self-assessment

No relief on AGR, Airtel, Vodafone Idea asked to pay dues after self-assessment

DoT sends out a notice seeking compliance with Supreme Court order A day after Vodafone Plc’s Chief Executive Officer cast doubt over the future of its India operations due to massive financial stress, the Department of Telecom has issued notices to all operators asking them to pay up their licence fee dues as per the […]

Vodafone Idea shares tumble over 21 per cent, hit record low

Vodafone Idea shares tumble over 21 per cent, hit record low

Shares of Vodafone Idea and Bharti Airtel tumbled on Thursday, amid reports that the DoT has issued notice to telecom operators to pay their revenue share dues within three months as directed by the Supreme Court. Vodafone Idea plunged 21.62 per cent to Rs 2.90, its record low, on the BSE. Bharti Airtel also fell […]

Supreme Court pulls up Singh brothers, Fortis and Indiabulls for contempt

Supreme Court pulls up Singh brothers, Fortis and Indiabulls for contempt

Asks brothers to deposit Rs 2350 crore, Indiabulls to deposit value of 12.35 lakh sold shares. The Supreme Court (SC) has ordered former Fortis promoters, brothers Malvinder and Shivinder Singh to deposit up to  Rs 2350 crore within eight weeks, on Friday. The court held the Singh brothers, Fortis Healthcare Limited (FHL) and financial services […]

I-T department busts Rs 3,300-crore hawala racket involving infrastructure firms

I-T department busts Rs 3,300-crore hawala racket involving infrastructure firms

The raids to unearth the large tax evasion nexus were conducted in the first week of this month on 42 premises in Delhi, Mumbai, Hyderabad, Erode, Pune, Agra and Goa on a group of people indulging in issuing bogus bills and carrying on hawala tran. NEW DELHI: The CBDT (Central Board of Direct Taxes) on […]

Government relaxes address related Aadhaar norms

Government relaxes address related Aadhaar norms

Finmin allows individuals to use current address on a self declaration basis. You can now give a more functional address, say a place of work, while furnishing Aadhaar as proof of identity for know-your-customer (KYC) purposes with banks and other service providers. This can be done even if the address opted for does not match […]

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