January, 2019


Patanjali moves NCLT for considering its Ruchi Soya offer: Report

Baba Ramdev-led Patanjali Ayurved has moved the National Company Law Tribunal (NCLT) asking it to direct Ruchi Soya to consider its offer, according to a report by The Economic Times. Patanjali filed its plea on January 23 in the Mumbai bench of the insolvency tribunal, as per the report. The next hearing for the matter is slated for February 7. “We have filed an application with the NCLT for it to direct the Ruchi Soya lenders to consider our offer,” a Patanjali Ayurveda spokesperson told the paper. Patanjali’s move comesRead More

China fast tracking 5G deployment amid Huawei espionage row

China is fast tracking 5G network in the country to use the next generation telecom technology amidst escalating row with the US over the detention of Chinese telecom giant Huawei’s Chief Financial Officer in Canada on charges of financial fraud. China has already launched the 5G service in Guangzhou airport, opened its first 5G base station for the Qinghai Tibet plateau region and announced the road trials of a 5G autopilot bus without a driver, driver cabin or a driving wheel. The 5G bus completed road trials in Southwest China’sRead More

5 credit cards in India that rich people use

Credit cards have become an essential part of our lives because of the convenience they offer. There are various types of credit cards that cater to different needs. There are premium and ultra-premium credit cards available for people who are rich or high-salaried. Though these cards charge a substantial fee, they offer exclusive benefits and rewards. Here are 5 credit cards for rich people. This HDFC card comes with minimum credit-limit of Rs. 8L HDFC Infinia Credit Card is one of the most preferred premium credit cards in India. It comesRead More

IRS Forms 1099 Are Coming: Pay Attention To What You Receive

IRS Form 1099 season is here. Some people can’t wait for those annoying little tax reports to come in the mail. They remind you that you earned interest, received a consulting fee, or were paid some other kind of income. There are many varieties, including 1099-INT for interest, 1099-DIV for dividends, 1099-G for tax refunds, 1099-R for pensions and 1099-MISC for miscellaneous income. These forms are sent by payers to you and the IRS. But if you don’t receive one, should you ask? Asking for one can be a mistake.Read More

From Manoj Bajpayee to Gautam Gambhir: Complete list of all 113 Padma awardees

The Ministry of Home Affairs on Friday announced the 113 names who have been awarded the prestigious Padma awards that are divided in three categories, Padma Vibhushan, Padma Bhushan and Padma Shri. Cutting across the fields of social work, public affairs, science and engineering, trade and industry, medicine, literature and education, sports, civil service, the awards will be handed out to a host of eminent personalities who have made immense contributions in their respective fields. The awards are announced every year on the eve of Republic Day. This year’s listRead More

‘Luka Chuppi’ posters out: Kartik Aaryan and Kriti Sanon reveal when the film’s trailer will be out!

With Valentine’s month right around the corner, the first look of Kartik Aaryan and Kriti Sanon starrer rom-com ‘Luka Chuppi’ is here to give us all the romantic vibes that we have been waiting for. Kriti Sanon on Wednesday took to her Twitter handle to share the poster of the film. In the image, Kartik and Kriti can be seen with their fingers on each other’s lips while the latter holds a garland in her hand. In her tweet, Kriti also announced that the trailer of the film will beRead More

Budget 2019: Tourism firms demand corporate tax reduction across board, better infrastructure

On account of fluctuating corporate tax slabs decelerated the pace and scale of benefits of the tourism companies operating in India, the Indian tourism companies have demanded from the Prime Minister Narendra Modi to reduce corporate tax at 25 per cent across board. They said the move would help the industry to grow faster creating more job opportunities in coming year. Speaking on the demand Mahesh Iyer, ED and CEO, Thomas Cook India Limited told Zee Business online, “While the Union Budget 2015-16 proposed a reduction in the Corporate TaxRead More

10% forward quota to kick in from February 1, with zero tweaks

NEW DELHI: The economically weaker sections (EWS) in the general category will be eligible for 10% quota in central government jobs notified on or after February 1. An office memorandum issued by the department of personnel and training has stuck to the eligibility criteria for EWS quota approved by the Union Cabinet and Parliament and singed into law by the President. As per the office memorandum of January 19, persons not covered under the existing scheme of reservations for scheduled castes, schedules tribes and the socially and educationally backward andRead More

Nepal’s central bank announces ban of Indian notes above ₹100

Kathmandu: Nepal’s central bank has banned the use of Indian currency notes of ₹2,000, ₹500 and ₹200 denominations, a move that could affect Indian tourists visiting the Himalayan nation where Indian currency is widely used. Nepal Rastra Bank on Sunday issued a circular prohibiting Nepali travellers, banks and financial institutions from holding or carrying and trading Indian bank notes higher than ₹100, the Kathmandu Post reported. The central bank said in its circular letter that Indian currency of 200, 500 and 2,000 denominations cannot be carried and used for trading. Under the new regulation, Nepali citizens cannot carryRead More

Finance Minister Arun Jaitley to return from US to present Interim Budget

New Delhi: Finance Minister Arun Jaitley, who is currently in the US for a medical check up relating to his kidney ailment, will return India to present the Interim Budget, scheduled for February 1. An IANS report, citing top government sources has confirmed the news. “The Finance Minister is set to return on the evening of January 25. The interim budget will be presented by him for sure,” IANS, quoting senior official said. Jaitley unexpectedly left for the US for the medical check last week. He had undergone a renalRead More