Ruias-led Essar Group today launched a scathing attack on Vodafone saying that the British company is trying to gain 100 per cent control of the telecom JV Vodafone-Essar at an artificially depressed value. A day after Vodafone complained to
Concerned over rising incidents of cyber frauds, the RBI will soon ask banks to shift to chip- based ATM cards from the existing magnet strips ones and upgrade the currency vending machines. The RBI working group on information security, electronic
The income tax (I-T) department on Thursday searched the premises of event management company Wizcraft International Entertainment Private Limited to verify if it had attempted to falsify records of income and expenditure. The company was involved in the opening and closing ceremonies of the controversial Commonwealth Games (CWG) held at New Delhi last year.
On a day of charges and rebuttals, Communications Minister Kapil Sibal was rebuked by the Supreme Court Friday for his remarks that the official auditor was utterly erroneous in assessing the loss on award of second generation (2G) telecom spectrum at Rs.1.76 lakh crore, while ordering an unbiased probe.
The Income Tax department today raided business establishments and residences of prominent pan-masala and gutkha manufacturers in 14 states. The raids were conducted on 69 premises related with manufacturers of the tobacco products, sources said.
Students of CPT who have appeared in CPT examination held in December, 2010 and who would be passing the said examination are advised to register for Integrated Professional Competence Course (IPCC) immediately on declaration of the results, in order
The complainant, a resident of Kankarbagh, Patna had applied for a loan of Rs.25,00,000/- (Rupees Twenty Five Lacs) for installation of Rice Polishing Plant under Prime Minister Employment Guarantee Programme (PMEGP). For processing favourably of sai
The Special Judge for CBI Cases, Chennai convicted the then Manager, State Bank of Mysore, Thiruvanmiyur Branch and three private persons in a bank cheating case. Shri S.U.Shankar, the then Manager, State Bank of Mysore, Thiruvanmiyar Branch, Chennai
The Reserve Bank of India had some unusual visitors a week ago. Officials from the tax deducted at source (TDS) wing of the income tax department visited the Reserve Bank of India (RBI) headquarters to inquire into the latter’s failure to deduct tax at source since July 2007 on payments amounting to more than Rs. 800 crore.
A Swiss Parliamentary Committee has given the go-ahead to the revised tax treaty between India and Switzerland that would eventually allow Indian government access to secret Swiss bank accounts of Indian tax evaders. The amendments to the treaty will now be placed before the Swiss Parliament for final approval.
