Net direct tax collections in the current financial year rose 20.25% year-on-year to ₹15.60 lakh crore, accounting for 80% of the revised budget estimates for the entire financial year ended February 10. “The preliminary direct tax revenue figures continue to
MUMBAI: TruAlt Bioenergy, one of the largest biofuel players, plans to expand its capacity by 2.7 million liters per day by the next financial year and will invest around Rs 600 million to set up more plants. The Bengaluru-based company
A consumer court in Chandigarh recently ordered Air India to pay a sum of Rs 50,000 to a couple for causing inconvenience and mental anguish to a couple by providing defective business class seats on a long flight from New
Air India A district consumer dispute resolution commission in Chandigarh recently ordered Air India to pay ₹50,000 as compensation to two senior citizens who were forced to sit on broken seats on an Air India flight from New York to
The Department of Telecommunications (DoT) has blocked about 140,000 mobile phones that were used for cybercrimes or financial frauds or were linked to disrupted mobile connections, the finance ministry said in a statement after meeting representatives of 12 stakeholders on
On Wednesday, the RBI said it has directed PPBL to stop onboarding new customers with “immediate effect”. The restrictions were imposed after a report by external auditors revealed “ongoing breaches and ongoing material regulatory concerns” at the bank. This is
NEW DELHI: Paytm Payments Bank was banned by the Reserve Bank of India (RBI) from accepting deposits/recharges to any customer accounts, wallets and FASTags February 29thallegedly due to non-compliance and regulatory concerns.“The comprehensive system audit report and the subsequent compliance
Shares of Indian wind turbine maker Suzlon Energy rose 3.7% to ₹44.53 after the company won an order to supply wind turbine generators (WTGs) for a 642 MW wind power project from an Evren company, ABC Cleantech Pvt Ltd. (ACPL),
Toyota Kirloskar Motor is temporarily stopping shipments of three models in India, namely Innova Crysta, Fortuner and Hilux, due to “irregularities” in diesel powertrain certification tests. On Monday, Toyota Industries Corporation, a company affiliated with Toyota Motor Corporation (TMC), announced
Japanese automaker Toyota Motor Corporation has suspended global shipments of 10 diesel-powered vehicles after an investigation found irregularities in performance testing. The carmaker's Indian subsidiary, Toyota Kirloskar Motor, has temporarily suspended deliveries of the Innova Crysta, Fortuner and Hilux. The