Posts tagged with "COMPANIES"

No relief for telcos: Govt wants all AGR dues paid within three months

No relief for telcos: Govt wants all AGR dues paid within three months
The DoT has given option to telecom operators to clear all the dues on self-assessment basis. The Department of Telecommunications (DoT) has issued notice to telecom operators to pay their revenue share dues within three months as directed by the Supreme Court, according to an industry source. The DoT has given option to telecom operators to clear all the dues on self-assessment basis. The Supreme Court in its last month’s ruling said, “We... 

Hyundai Foundation to invest Rs 15 L in social ideas developed by students

Hyundai Foundation to invest Rs 15 L in social ideas developed by students
The H-Social Creator Programme was first instituted by Hyundai Motor Company in South Korea in 2015. Hyundai Motor India Hyundai Motor India’s philanthropic arm Hyundai Motor India Foundation has launched a new programme – H-Social Creator – to support graduate or post graduate students who develop novel ideas on road safety, environment and clean India, and Hyundai Motor India Foundation will invest Rs 15 lakh as seed capital in... 

Saudi drone attack: Where are we a week on and what happens next?

Saudi drone attack: Where are we a week on and what happens next?
The attack could affect flows of both crude oil and refined products, as Saudi Arabia cuts deliveries to its own processing plants FILE PHOTO: Smoke is seen following a fire at Aramco facility in the eastern city of Abqaiq, Saudi Arabia, September 14, 2019. Saudi Arabia suffered the single-biggest blow to its oil infrastructure in the country’s history when critical processing facilities were attacked. After a roller coaster week for the global... 

US corporate sector hails India’s move to cut income tax rate for companies

US corporate sector hails India’s move to cut income tax rate for companies
This is a welcome step to reverse the economic slowdown The US’ corporate sector has lauded the Indian government for substantially slashing the income tax rate to 25.17 per cent, saying the move will reverse the economic slowdown and will allow global companies a “good option” for growing their manufacturing base in the country. The government on Friday slashed the income tax rate for companies by almost 10 percentage points to... 

Uber braces for fight as California wants it to treat drivers as employees

Uber braces for fight as California wants it to treat drivers as employees
Lawmakers in California want to reclassify workers treated as independent contractors, which may dramatically boost costs for Uber and other companies built around the gig economy. Uber Technologies Inc. has generated billions of dollars from the labor of its drivers without the expense of treating them as employees. California is poised to disrupt that business model, and the ride-hailing behemoth is gearing up for a legal fight. Lawmakers in the... 

Billionaire Pawan Munjal in advanced talks to invest in Ola Electric

Billionaire Pawan Munjal in advanced talks to invest in Ola Electric
Experts say Ola is wooing top industry veterans whose experience of building global businesses and understanding of emerging markets will be valuable to Ola Electric Pawan Munjal Billionaire Pawan Munjal, chairman of Hero MotoCorp Ltd, the country’s largest two-wheeler maker, is in advanced discussions to invest in Ola Electric Mobility (Ola Electric), the ride-hailing firm’s electric vehicle arm, according to sources. “Conversations are... 
 
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