Industries Politics Supreme Court

Maharastra Govt nexus with dance bars association won finally allege Opposition

The Supreme Court struck down a provision that the owner of the dance bar should have a “good character” and no “criminal antecedents”.   “There is no precise definition of what amounts to good character and criminal antecedents,” ruled the court.   In a significant development, the Supreme Court on Thursday gave go-ahead to the Read More…

Companies Industries Market

Sushil Modi to head GoM to study GST revenue shortfall

Bihar Deputy Chief Minister Sushil Modi will head the seven-member committee to look into revenue shortfall being faced by the states after the GST roll-out, and suggest steps for augmenting collections, a GST Council notification said.   The GST Council, headed by Finance Minister Arun Jaitley and comprising state ministers, had on December 22, 2018, Read More…

Companies Industries Market Technology

TRAI tightens the loose ends of DTH Operators : A la carte Channels Defined

According to the TRAI note, the maximum retail price (MRP) of a channel on a-la-carte can be viewed in the Electronic Programme Guide (EPG) or Menu of their TV screens. “Distribution Platform Operator (DPO) such as cable operators, DTH operators may provide discount on the MRP displayed on the EPG,” TRAI said.   Following this Read More…

America Business Companies Industries Market Technology World

CES 2019 : Products of Technology assisting with emergency preparedness and response displayed

Consumer Electronics Show (CES) by Consumer Technology Association   this year also included a conference panel on how technology can help “create more resilient communities” by tackling problems including poverty, health, education, and sustainability.   The exhibits showcased a broad array of “tech for good” services which use robotics, drones, artificial intelligence and the like. Read More…

Business Companies Industries

Elections bells ringing Raise in SME Limit to 40 lakhs at GST Council meet

In a bid to give relief to small businesses, the GST Council Thursday doubled the limit for exemption from payment of goods and services tax (GST) to Rs 40 lakh and announced that the higher turnover cap of Rs 1.5 crore for availing composition scheme of paying 1 per cent tax will be effective from Read More…

Industries Market Technology

Infy Chairman Nilekani appointed as head of a RBI panel to give report on digital payments

Infosys Chairman, Nandan Nilekani has been appointed as the chairman of the Reserve Bank of India’s committee on enhancing digital payments.   Other than Nilekani, Kishore Sansi, Chairman and managing director of Bengaluru-based PSB Vijaya Bank is also part of the five-member committee.   The committee includes three other H R Khan, former Deputy Governor Read More…

Cinema Industries

IT raid on continues at KGF Yash’s residence for third day

IT Sources said that three big-budget movies were picked for the searches on suspected suppression of income, loss or faulty auditing and even suspected converting black money into white.   The Income Tax Department has picked three big budget movies in the industry. The producers, actors and distributor of the movies KGF, Villain and yet Read More…