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K'taka CM Siddaramaiah looks to rebrand himself as South sikandar

Tuesday, March 20, 2018, 12:00 AM
Karnataka chief minister Siddaramaiah is seeking to rebrand himself as a southern leader who is opposing the imposition of the Hindi-Hindu narrative of the BJP, even as his attacks on Prime Minister Narendra Modi are coming down, in the run-up to the state assembly polls in May. The people of Karnataka know that it is election time strategy.
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GSTN data may be used to reach out to MSMEs

Monday, March 19, 2018, 11:53 PM
The government is working on structuring a two-month programme, leveraging data captured by the GST Network, to appraise small businesses of the schemes it has implemented to support them and handhold them to avail of those, senior officials said. GSTN, a not-for-profit non-governmental organization has more than 95 lakh micro, small and medium enterprises (MSMEs) listed on it.
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Absence of GST refund mechanism hits gold demand from tourists, NRIs

Monday, March 19, 2018, 11:50 PM
Foreign tourists and NRIs visiting India are not investing in gold-jewellery like before as there is no mechanism to refund the GST on their purchase which they are otherwise entitled to claim. The Integrated GST Act of 2017 allows a foreign national or an NRI, who enters India for a stay of less than six-months, to claim GST-refund when he leaves India.
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National Herald: Young Indian asked to deposit Rs10 crore in I-T case

Monday, March 19, 2018, 11:09 PM
The Delhi high court on Monday directed Young Indian Pvt. Ltd, in which Congress president Rahul-Gandhi and his mother Sonia-Gandhi are major stakeholders, to deposit Rs10 crore in the Rs 249.15 crore income tax proceedings against it. A bench of justices comprising S. Ravindra Bhat and A.K. Chawla directed the company earlier summoned along with Sonia-Gandhi and Rahul-Gandhi as an accused by a trial court
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Demonetisation has led to tax terrorism: Yashwant Sinha

Monday, March 19, 2018, 11:00 PM
Dissident BJP leader and former Union finance minister Yashwant Sinha today said demonetisation had led to "tax terrorism" and likened Prime Minister Narendra Modi to a medieval era Delhi king known for his whimsical decisions. Sinha made these remarks at the launch of a book, Demonetization and the Black Economy, by economist Arun Kumar, who has been critical of the exercise.
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Padma awards to be conferred tomorrow

Monday, March 19, 2018, 10:52 PM
Noted music composer Illaiyaraja, Hindutava thinker P. Parameswaran and 41 other prominent personalities will the conferred with the prestigious Padma awards of 2018 by President Ram Nath Kovind tomorrow. The function will be held at the Rashtrapati Bhavan with the attendance of Vice-President M Venkaiah Naidu, Prime Minister Narendra Modi and his ministerial colleagues besides others, an official said.
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After Facebook and Google, Twitter likely to ban cryptocurrency ads

Monday, March 19, 2018, 10:36 PM
After Facebook and Google, Twitter was now likely to ban cryptocurrency, token sales and Initial Coin Offerings (ICO) advertisements on its platform. According to a Sky News report on Monday, the new Twitter policy will be implemented in two weeks. "Twitter may also ban all ads for cryptocurrency exchanges, with some limited exceptions, when the policy is launched," the report added.
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Hindustan Aeronautics IPO subscribed 45% on Day 2

Monday, March 19, 2018, 10:32 PM
State-owned Hindustan Aeronautics initial public offer (IPO) was subscribed 45% on the second day of bidding on Monday. The IPO, through which the Bengaluru-based firm aims to raise Rs4,229 crore, received bids for 1,53,96,864 shares against the total issue size of 3,41,07,525 shares, data available with the NSE showed.
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IRCTC ties up with Ola for booking cab on its website, app

Monday, March 19, 2018, 10:00 PM
With an aim to providing first-and-last-mile connectivity, railway PSU IRCTC today announced a partnership with cab aggregator Ola, giving commuters an option book taxi on its app. The tie-up, a six-month pilot project, will give customers access to Ola booking services when they visit the IRCTC Rail Connect App and on its website, the IRCTC said in a statement.
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SEBI slaps Rs 1 cr fine on Wasankar Wealth Management, 5 others

Monday, March 19, 2018, 8:48 PM
SEBI today imposed a penalty of Rs 1 crore on Wasankar Wealth Management Ltd and its five promoters and directors for failing to comply with the market regulator's direction to refund the money mobilised illegally from investors. The promoters and directors are Prashant Jaidev Wasankar, Mithila Vinay Wasankar, Vinay Jaidev Wasankar, Bhagyashree Prashant Wasankar and Abhijeet Jayant Chaudhari.
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PM Narendra Modi congratulates Vladimir Putin on re-election

Monday, March 19, 2018, 8:32 PM
Prime Minister Narendra Modi on Monday called Russian President Vladimir Putin to congratulated him in his reelection. "Conveying his compliments on Putin's success, the Prime Minister expressed the hope that under Putin's leadership, the Special and Privileged Strategic Partnership between India and the Russian Federation will continue to grow from strength to strength," the Prime Minister's Office said in a statement.
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Samsung India partners BITS Pilani to upskill employees in AI, ML

Monday, March 19, 2018, 8:16 PM
To help employees at its Noida R&D facility to upgrade skills in areas such as Artificial Intelligence, Cloud computing and Machine Learning, Samsung India on Monday signed a MoU with India's premier engineering institute BITS Pilani. As part of the initiative, the employees of the R&D centre will be able to pursue M.Tech in Software Systems, to further upgrade their skills, Samsung India said.
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India, Hong Kong sign double tax agreement

Monday, March 19, 2018, 7:33 PM
India and Hong Kong on Monday signed an agreement to avoid double taxation and prevent tax evasion. India's Ambassador to China Gautam Bamabwale and Hong Kong's Financial Secretary Paul Chan Mo signed the treaty. A former British colony, Hong Kong is a special administrative region of China which enjoys a high degree of autonomy under which it has an independent taxation system.
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Truvison launches 40-inch, smart LED HD TV priced for Rs. 34,490

Monday, March 19, 2018, 6:58 PM
The smart TV promises to bring everything you watch to life. Movies, music, sports, games, online content, everything is optimised for an immersive experience. The TX408Z promises sound clarity that matches the perfect picture quality. With a slim profile, the TV blends seamlessly into your living space. The discreet, narrow bezel puts your focus firmly on the picture, not the frame.
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Lemon Tree Hotels IPO to open on March 26; price band at Rs 54-56

Monday, March 19, 2018, 6:51 PM
Lemon Tree Hotels will open its initial public offer for subscription on March 26. The Delhi-based company, which has three brands -- Red Fox, Lemon Tree and Lemon Tree Premier -- has fixed its IPO price band at Rs 54 to Rs 56. The budget and mid-market hotel will be raising Rs 1,000 crore through an offer for sale of upto 18.5 crore shares.

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