India

Tax concession for start-ups with up to Rs 10 crore investment

Earlier several start-ups had received notices from tax authorities for violation of section 56 of the Income Tax Act, which provides for taxation of funds received by an entity.

Apr 13, 2018

Infosys Q4 results: Profit falls 28%

Infosys reported a 28 percent sequential fall in net profit to Rs 3,690 crore in the fourth-quarter results (ended on March 31) Friday.

Apr 13, 2018

Uber driver stuns female passenger, asks her if she wants vodka

The woman booked the cab on a busy street in Pune when the Uber driver asked her if she wanted a 'night parcel,' which he later said that it meant 'vodka.'

Apr 13, 2018

Conman arrested for posing as media executive, duping women on matrimonial sites

The 41-year-old man from New Delhi used to lure women on matrimonial sites by creating fake profiles based on their requirements.

Apr 13, 2018

IIM degrees to get costlier as B-schools set to hike fees

Almost nine Indian Institute of Management (IIMs) will see a hike in student fees due to higher operational expenses, faculty pay scale and infrastructure costs.

Apr 13, 2018

IPL 2018: Royal Challengers Bangalore vs Kings XI Punjab live stream

Royal Challengers Bangalore's star-studded side will look to bounce back from their opening defeat at Kolkata Knight Riders against Kings XI Punjab.

Apr 13, 2018

Overseas money transfer: RBI to monitor remittance under LRS

The Reserve Bank of India has tightened its regulation norms on Liberalised Remittance Scheme under which an individual can transfer up to $2,50,000 abroad in a year.

Apr 13, 2018

Bitcoins worth Rs 20 crore stolen from Indian cryptocurrency exchange Coinsecure

According to Coinsecure, the funds were lost while their CSO Amitabh Saxena was extracting Bitcoin Gold to distribute to their customers.

Apr 13, 2018

Fire kills family of 4 in Delhi residential building

The fire broke out due to a short circuit that took place inside the pump room of a residential building located in New Delhi's Kohat Enclave near Pitampura.

Apr 13, 2018

Bandhan Bank joins the club of top 50 most valuable Indian companies

Bandhan Bank, with a market capitalization of Rs 640 billion, reached the 50th rank for the first time ever since its listing Thursday.

Apr 12, 2018

Virat Kohli named Wisden's leading cricketer for second year in a row

Kohli, 29, was recognized for being the highest run-scorer in all formats in 2017, including three double hundreds in Tests.

Apr 12, 2018

Vietnam suffers $660 million cryptocurrency fraud: Calls for tougher regulations

Modern Tech is now at the center of investigation behind the scam after duping as many as 32,000 investors of an estimated $660 million in relation to two Ponzi schemes.

Apr 12, 2018

Viral video of Anupam Kher as Manmohan Singh is a must-watch

The six-second-long video from The Accidental Prime Minister shows Anupam Kher sporting the iconic blue turban, a white kurta-pajama, and a blue Nehru jacket.

Apr 12, 2018

ICC panel to hear Pakistan's $70m compensation claim against India

The PCB is seeking $70m from the BCCI as compensation for lost revenue due to India's refusal to play Pakistan.

Apr 12, 2018

IDBI Bank shares fall over 3% after RBI levies Rs 3 crore fine

The RBI's penalty will not have any material impact on the bank, IDBI stated in a filing to the Bombay Stock Exchange. But the bank's shares slipped to a one-week low.

Apr 12, 2018