Significance of 5G network in a Business

Significance of 5G network in a Business

The implementation of 5G network already is happening across the globe in several sectors but India is yet to witness the 5G network technology. Major network providers gear up to deploy their 5G offerings. Organizations looking to build...

India's FDI inflows up 6.24 percent in April 2021, states Government

India's FDI inflows up 6.24 percent in April 2021, states Government

The government on Wednesday has said that total foreign direct investment (FDI) inflows into India in April rose 38% year-on-year at $6.24 billion while equity inflows from overseas at $4.44 billion were up 60%. Mauritius was the top investing...

DHFL creditors reject the proposal to increase recoveries for FD holders

DHFL creditors reject the proposal to increase recoveries for FD holders

The committee of creditors (CoC) to Dewan Housing Finance Corp. Ltd (DHFL) has strongly rejected a scheme to increase recoveries for smaller investors, including fixed deposit and debenture holders. At Tuesday's vote lenders...

Reporting norms relaxed and no more distinction of BPOs

Reporting norms relaxed and no more distinction of BPOs

The Department of Telecommunications (DoT) on Wednesday further eased norms for other service providers (OSP), that includes voice-based business process outsourcing (BPOs) units, by removing the distinction between domestic and international...

Fintech, ITITeS firms with three-way contracts under GST scanner

Fintech, ITITeS firms with three-way contracts under GST scanner

The tax department has held back the export benefits of several firms or companies that have three-way contracts, or tripartite agreements, with multinationals, as per the source dealing with such cases. The indirect-tax department is aware...

IIFCL Seeks RBI Approval to invest Rs 4,000 crore in InvITS

IIFCL Seeks RBI Approval to invest Rs 4,000 crore in InvITS

India Infrastructure Finance Company Ltd (IIFCL) has sought clearance from the banking sector regulator to invest in infrastructure investment trusts, or InvITs, as they are accomplishing well. IIFCL managing director PR Jaishankar said...

Finance Minister Held Meetings with Infosys; Concerns Problems Affecting New Income Tax E-Filing Portal

Finance Minister Held Meetings with Infosys; Concerns Problems Affecting New Income Tax E-Filing Portal

Finance Ministry officials met with Infosys on Tuesday for two separate meetings to examine the difficulties with the newly launched income tax portal. According to a  statement, Finance Minister Nirmala Sitharaman "expressed her great...

India to be Launch First Phase of Single Window System for Investors

India to be Launch First Phase of Single Window System for Investors

The soft launch of the first phase of the National Single Window System would take place soon, said Piyush Goyal, Union Minister of Commerce and Industry on Tuesday. The digital platform is aimed at allowing investors to identify and apply for...

privatisation process of IDBI Bank kicks off

privatisation process of IDBI Bank kicks off

Kickstarting privatisation process in the banking sector, the government Tuesday invited bids to appoint the transactions and legal advisors to assist in strategic sale of its equity, along with transfer of management control, in IDBI Bank to...

Modi govt's new e-commerce rules have Amazon, Flipkart and JioMart on its toes

Modi govt's new e-commerce rules have Amazon, Flipkart and JioMart on its toes

The new Indian e-commerce rules will raise costs for all online retailers but particularly Amazon and Walmart's Flipkart as they may have to review their business structures, senior industry sources told Reuters. India's Ministry of...

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