Search Results for: tax payments

Delhi man jumps off building with daughter in his arms over credit card debt

The family saw suicide as the only solution after the man racked up credit card bills of Rs 8 lakh. The banks were continuously calling for the money which added to his stress.

Jul 26, 2019

Quest for more RBI dividends: Has Modi govt shot itself by firing Subhash Chandra Garg?

Garg, who has sought early retirement after the finance ministry snub, was the fiercest advocate for reducing RBI's cash reserves and transferring more cash dividends to the government.

Jul 26, 2019

Boeing reports $2.9 billion loss amid 737 MAX grounding crisis

Since March's Ethiopian Airline crash, Boeing shares have dropped about 14 percent while the broader S&P 500 gained about 10 percent. Boeing shares are now 3.1 percent lower at $361.43.

Jul 25, 2019

Ericsson may lose Rs 580 crore won from Anil Ambani-led Reliance Communications

The consortium of lenders took a decision to send a formal word to Ericsson in a recent meeting of RCom's committee of creditors and consortium of lenders led by the State Bank of India (SBI).

Jul 23, 2019

Bigg Boss Telugu 3 in trouble: High alert at Akkineni Nagarjuna's house [Video]

It is reported that a students' association tried to attack Akkineni Nagarjuna's residence in Jubilee Hills, Hyderabad, and demanded the cancelation of Bigg Boss Telugu 3.

Jul 18, 2019

MoD blacklists Swiss firm Pilatus as CBI probes dubious 2012 aircraft deal

The company admitted to having engaged Offsets India Solutions (OIS) and paid least 1 million Swiss francs in 2010. The payments were made in relation to a trainer jet deal for the IAF.

Jul 16, 2019

Housing lender DHFL warns it may not survive

DHFL's results are the latest sign of growing stress in India's finance sectors as state-owned banks grapple with bad debts and a recent liquidity crunch in the shadow banking industry.

Jul 15, 2019

Will Anil Ambani's asset sales spree help lift crushing debt burden?

Younger Ambani sibling hopes to raise Rs 21,700 crore to win 'war on debt' after liabilities almost landed him in jail, forcing elder brother Mukesh's intervention

Jul 13, 2019

digital payments, online shopping, digital india, payu india, lazypay

More trouble for PayU as India MD & Co-founder Shailaz Nag quits

Shailaz Nag is quitting PayU to look for more opportunities in the payments space.

Jul 12, 2019

General Atlantic, Temasek and Goldman Sachs vie for 10-12% stake in BookMyShow

The three investors plan to outgun small shareholders like SAIF Partners that holds 5.6 percent stake in BookMyShow.

Jul 10, 2019

'Deposit 18,000 crore to travel abroad': Delhi High Court tells Naresh Goyal

The court expressed apprehension that the founder and former chairman of the airline may not return like others facing allegations of frauds, refused interim relief to him.

Jul 10, 2019

Karnataka's GST share reduced, Kumaraswamy slams FinMin Sitharaman

This budget has given a big blow to the state's economy by reducing GST state share. For Karnataka, it will be cut down by around Rs1600 crore, tweeted Kumaraswamy.

Jul 6, 2019

Budget 2019: 2% TDS on cash withdrawal exceeding Rs 1 crore yearly

The Finance Minister proposed that tax deduction at source (TDS) of two per cent on cash withdrawals exceeding Rs 1 crore in a year.

Jul 5, 2019

paytm, freecharge, paytm to acquire freecharge, snapdeal acquires freecharge, indian fintech companies, digital payments, digital wallet

Rs 15 charge for net banking transactions? Paytm nixes reports

Some of the merchants, including educational institutes and utility service providers, do not absorb the credit card charges and pass on these charges to the customers.

Jul 1, 2019

Chennai bus strike: 23,000 transport workers protest over non-payment of salary dues

While some workers alleged that their pay has been cut by 60%, the Tamil Nadu government claimed that no salary has been cut and nearly two-thirds of the employees have already been paid in full.