Business

No inconsistency in government data on taxpayers: CBDT

Fri, 08/18/2017 - 21:30

New Delhi, Aug 18 (IANS) Refuting reports regarding inconsistency in the estimate of the number of taxpayers added after demonetisation, the Central Board of Direct Taxes (CBDT) on Friday clarified that the various government statements referred to different time periods.

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Sikka quits Infosys, Board blames Murthy, scrip plunges (Roundup)

Fri, 08/18/2017 - 21:28

Bengaluru, Aug 18 (IANS) In a dramatic development, high-profile technocrat Vishal Sikka on Friday resigned as CEO and Managing Director of global software major Infosys blaming "unrelenting" and "malicious" attacks, for which its Board blamed founder N.R. Narayana Murthy. The open spat led to its stock plunging 10 per cent.

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Kharif crop sown over 976 lakh hectares

Fri, 08/18/2017 - 20:12

New Delhi, Aug 18 (IANS) The total area sown under kharif crop as on August 18 stood at 976.34 lakh hectares as against 984.57 lakh hectares at this time last year, the Agriculture Ministry said on Friday.

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Now, companies can apply online to set up inland container depot

Fri, 08/18/2017 - 19:54

New Delhi, Aug 18 (IANS) In a bid to ensure speedier and more transparent approval process for the setting up of Inland Container Depot (ICD)/Container Freight Station (CFS)/Air Freight Station (AFS), the companies can now move their applications and track their progress online, the government said on Friday.

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India's July domestic air passenger traffic up 12%

Fri, 08/18/2017 - 19:42

New Delhi, Aug 18 (IANS) Domestic air passenger traffic rose by 12.43 per cent in July to 95.65 lakh from 85.08 lakh reported for the corresponding month of last year, official data showed on Friday.

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Anguished Murthy refutes Infosys' Board charges

Fri, 08/18/2017 - 19:28

Bengaluru, Aug 18 (IANS) Anguished by the allegations, tone and tenor of the Infosys Board against him, its founder N.R. Narayana Murthy on Friday said it was below his dignity to respond to such "baseless insinuations".

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India's July domestic air passenger traffic up 12%

Fri, 08/18/2017 - 18:56

New Delhi, Aug 18 (IANS) Domestic air passenger traffic rose by 12.43 per cent in July to 95.65 lakh from 85.08 lakh reported for the corresponding month of last year, official data showed on Friday.

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Difficult to deal with continuous allegations: Sikka

Fri, 08/18/2017 - 18:20

Bengaluru, Aug 18 (IANS) Talking candidly after quitting global software major Infosys as its Chief Executive and Managing Director, Vishal Sikka on Friday said it was difficult to deal with unending allegations and said he has not decided his future plans yet.

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10 lakh bankers to strike work on August 22

Fri, 08/18/2017 - 18:00

Chennai, Aug 18 (IANS) Around 10 lakh bankers will go on strike on August 22 as the talks between the United Forum of Bank Unions (UFBU) on one side and Indian Banks' Association, Chief Labour Commissioner and Department of Financial Services (DFS) failed on Friday, said a union leader.

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