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The latest ICICI Securities report on the real estate sector for 2022 predicts a bright outlook for the residential and business verticals, but it has brought out that the Covid-19 spin-off of Work from Home (WFH) is likely to be a permanent feature. The recently released report says though not all employees in the corporate […]
Whether the Income Tax department did pan out a deliberate delay in summoning defaulters, or the evaders did manage a successful evasion for 10 years, remains to be seen. Late last weekend, a number of companies and individuals were served notices of IT raids dated 2018. Offenders were directed to file returns from a 6 […]
Ever since the BCCI (The Board of Control for Cricket in India) announced Rohit Sharm as the new ODI captain, Indian cricket is going haywire. Sharma will be succeeding Virat Kohli in this role who had originally stepped down only in T20Is. However, this announcement from the BCCI has received mixed reactions from the masses […]
Tax evasion knows two easy routes. First, generate false accounts attributed to companies that exist only on paper and show them as a loss-making unit. Second, take the flight out and stash away the earnings in foreign accounts. On Tuesday, Minister of State for Finance, Pankaj Chaudhary, submitted a written reply in Rajya Sabha stating […]
Billionaire tycoon Gautam Adani-owned Adani Enterprises, which picked the controlling stake in Ahmedabad, Lucknow and Mangaluru airports in November 2020, has paid Rs 1,103 crore to the Airports Authority of India (AAI) for the assets of the airports. Minister of State for Civil Aviation VK Singh informed the Rajya Sabha on Monday that the Rs […]
Rural customers are gradually increasing in the e-commerce market. And, with the rise in customers, their share in cash on delivery is rising too. Surprisingly, according to data, as many as 90% of customers from rural areas prefer cash on delivery. Tier-2 and Metro preferences Customers from tier-2 cities are also not far behind as […]
Environment change has become one of the most alarming and crucial issues across the globe and has served as an agenda of discussion amongst political parties. Aaditya Thackeray, Shiv Sena leader and Maharashtra environment minister on Monday stated that during the upcoming assembly session, the state government would be discussing the issue of climate change […]
Monthly report by auto industry body SIAM indicates that chip shortage has made a huge dent in the sales in the auto industry. Two Wheeler Sales- Important to note here is that Two Wheeler sales hasn’t get going after the new emission standard BS-6 came in to force. New emission standard has impacted the two […]
Knight Frank India has released ‘Outlook Report’ which highlights top trends for 2022. Report predicts capital value growth of 5% in residential sector and upswing in office space and warehousing supported by higher demand by IT companies and e-commerce platforms. Note of caution- The report highlights the fact that the recovery we have seen so […]
The government will introduce a bill in Parliament which will regulate cryptocurrencies in India. Before that, Former Reserve Bank of India Governor Duvvuri Subbarao has said the Reserve Bank of India could lose control over the money supply and inflation management if cryptocurrency is allowed in the country. D. Subbarao who has served as the RBI […]
After the pandemic, the way we work has changed for good. Zoom became so huge that it’s now a go-to way for companies to hold meetings. After the threat of the new Covid variant ‘Omicron’, The Ministry of Corporate Affairs has issued a circular which will allow the companies to hold their Annual General Meetings […]
More than One Lakh pensioners are currently being serviced by Principal Controller of Communication Accounts/ Controller of Communication Accounts offices all over India via SAMPANN which has improved the service delivery to pensioners by providing a single window setup ensuring the following benefits: It has ensured recurring monthly savings to the Government of India on […]
The National Company Law Tribunal is a quasi-judicial body set up by the Central Government in 2016 under Section 408 of the Companies Act, 2013. The main function of this body is to govern the companies which are registered in India. Recently, the Mumbai bench of the NCLT in an order stated that a company […]
India registered yet another milestone on Saturday of inoculating over 1 crore Covid-19 vaccine doses in a single day. The country has achieved this success for the sixth time. Meanwhile, the ‘Har Ghar Dastak’ vaccination campaign is underway. Union health and family welfare minister Mansukh Mandaviya took to Twitter to hail India’s achievement. “India achieves […]
The Health Ministry on Thursday urged citizens to maintain calm soon after two Covid -19 Omicron variant was detected in Bangalore – in men aged 46 and 66. The 46-year-old man is a health worker from Bengaluru who developed symptoms (fever and body ache) on November 21, following which his samples were sent for genome […]
The Central Government’s move to bring in a law in the Parliament regarding cryptocurrencies has sparked a debate among investors about the future of crypto in India. One common view regarding the law is that a framework should be provided so that no illegal or Ponzi scheme can operate on the said network but the […]
To begin with, ever since he was a small-time trader, Gautam Adani has maintained a line. That he appreciated Dhirubhai Ambani’s vision but never wanted to be compared with him. However, there are many similarities. Vibes of India lists a few of them here. Both are Gujaratis Both are Banias Both hail from small towns. […]
One of the deepest mysteries regarding Earth’s ancient history is that of the land emergence and its origins. Even with all the high technological advances at our disposal, we have only been able to pinpoint how and when the continents emerged from the ancient Water-world. We can only theorise if a tectonic activity was what […]
In light of the Indian firm’s new energy forays, Mukesh Ambani led Reliance Industries Ltd and Saudi Aramco made a decision on November 19 to re-evaluate the proposed Investment in the Oil-to-chemical (O2C) business. In August 2019, RIL and Saudi Aramco signed a letter to acquire a 20 per cent stake in RIL. An official […]
Security has been beefed up around Antilia in Mumbai following reports of suspicious movements by some people around Mukesh Ambani’s residence. A taxi driver called the police and said that two strangers approached him to inquire about Mukesh Ambani’s residence. Mumbai police had received information that two persons were asking for Mukesh Ambani’s address after […]
