Sharad Pawar wants 1995 formula; Congress demands CMP13 Nov, 2019 07:09 AM ISTAfter the governor placed the state assembly under suspended animation, the three parties condemned the action continued to work for staking claim to form a government even as the Sena approached the Supreme Court. On its part, BJP is likely to accelerate its efforts to drive a wedge between the Sena-NCP-Congress or poach MLAs.
I-T department busts Rs 3,300-crore hawala racket involving infrastructure firms11 Nov, 2019 07:49 PM ISTThe raids to unearth the large tax evasion nexus were conducted in the first week of this month on 42 premises in Delhi, Mumbai, Hyderabad, Erode, Pune, Agra and Goa on a group of people indulging in issuing bogus bills and carrying on hawala transactions. Hawala denotes illegal transaction of funds by skirting the legal banking channels.
Over 40,000 troop, tanks, attack helicopters to take part in exercise near Pakistan12 Nov, 2019 09:37 PM ISTThe exercise will aim to show the integration between tanks including T-72, mechanised infantry including combat vehicles, artillery guns, army air defence, attack helicopters such as the armed Advanced Light Helicopter ‘Rudra’ and special forces. For the first time in an exercise, the K-9 Vajra self-propelled artillery gun, which was inducted into the army last November, is being used.
Chinese cousins help reduce 71% of Moto sales13 Nov, 2019 08:29 AM IST“Motorola lost in the sales channel strategy,” said Counterpoint Technology Market Research associate director Tarun Pathak. “Realme gave a strong competition in the online segment, especially in sub $200 (Rs 14,000) segment where Motorola had its strength. Apart from this, their organisation restructuring also had an impact,” he said.
Alstom-Railways JV struggles to meet locomotive target11 Nov, 2019 11:40 PM ISTThe Electric Locomotive Factory at Madhepura in Bihar was one of the two major locomotive projects awarded in 2015 as part of the Make in India initiative, the second being a joint venture with GE. The Rs 20,000 crore Madhepura project was tasked with manufacturing 800 high-powered locomotives in 11years. The JV is the largest FDI in the railway sector.
Got EPF account related problem? Here's how to file a complaint13 Nov, 2019 10:32 AM ISTIf you have a grievance related to your PF account like withdrawal, transfer and so on, then EPFO has a dedicated website called 'EPF I Grievance Management System' where you can file such complaints. You can also file them if you do not have UAN.
PoK projects suffer as China focuses on Gwadar12 Nov, 2019 07:06 AM ISTAs China continues to focus heavily on CPEC in Gwadar, Balochistan, parts of Pakistan occupied Kashmir (PoK) has witnessed slow progress under the mega initiative.
Air India cabin crew call in sick, get pink slips13 Nov, 2019 11:07 AM ISTAir India’s problem with cabin crew scheduling began last month on Karva Chauth when a number of cabin crew members unexpectedly called in sick. An AI spokesperson confirmed that termination letters were sent to the crew because on November 2 and 3 there was a sudden jump in the number of people who reported sick.
Budget 2020: FinMin seeks suggestions for rationalising income tax, other duties13 Nov, 2019 03:37 PM ISTWhile the ministry holds pre-budget consultations with representatives of different sectors and stakeholders, the Department of Revenue in the finance ministry perhaps for the first time put out circular seeking suggestions for changes in income tax rates for both individuals and corporates as well as in indirect taxes such as excise and customs duty.
TCS wins deal expansion with Phoenix Group, to take over employees12 Nov, 2019 06:33 PM ISTTata Consultancy Services has expanded its deal with European life insurance and pension consolidator Phoenix Group. Phoenix, which has been a TCS client for over 15 years, took over Standard Life Assurance in a 3 billion pound deal in August 2018. Phoenix took over about 3,500 employees as part of the deal, 2,900 of whom are in Edinburgh.
Kumar Mangalam Birla, Vodafone Idea executives meet Cabinet Secretary12 Nov, 2019 07:56 AM ISTA committee headed by the Cabinet Secretary Rajiv Gauba is looking into the health of the telecom industry. Vodafone Idea, which is making quarterly losses of roughly Rs 5,000 crore with debt of over Rs 99,000 crore, is believed to have also written again to the government, underlining the criticality of early relief measures.
BJP loses its oldest ally Shiv Sena11 Nov, 2019 08:33 PM ISTWhile on the one hand Sena's severing ties with the NDA underscores the BJP's growing hegemony which forced an avowed secular party like the Congress to mull supporting a strident Hindutva party like the Sena, it also highlights how the ruling party's expansionist drive under Modi and Amit Shah has made its allies of decades uneasy.