BUSINESS AWAAZ

Govt extends date for filing GST returns, tax payment by 5 more days

The last date for filing returns and payment of taxes under the GST regime has been extended by five days. The cut-off for filing maiden GST returns for July was scheduled to end today. The returns can now be filed till the 25th of this month. In a statement, the Finance Ministry said that certain … Continue reading Govt extends date for filing GST returns, tax payment by 5 more days

Objective of NPA resolution not liquidation of assets but to save businesses: Jaitely

AMN / MUMBAI Finance Minister Arun Jaitley today assured balance-sheet stressed firms that the key objective of NPA resolution is not liquidation of their businesses but to save them. He said, the objective is to make sure that these valuable assets are preserved. Addressing an insolvency summit organised by Confederation of Indian Industry in Mumbai, … Continue reading Objective of NPA resolution not liquidation of assets but to save businesses: Jaitely

RBI calls for recapitalization of state-run banks

AMN Reserve Bank of India today called for recapitalization of state-run banks to help them resolve the NPAs issue in a time-bond manner as bad loans at nine point six per cent of the system is not acceptable. RBI Governor Urjit Patel said this while addressing a National Conference on Insolvency and Bankruptcy: Changing Paradigm, … Continue reading RBI calls for recapitalization of state-run banks

Know the details of new Rs 50 notes

  AMN RBI will shortly issue new banknotes of Rs 50 denomination in the Mahatma Gandhi (New) Series. A RBI press release has informed that the base colour of the new notes will be fluorescent blue and its dimension will be 66 mm x 135 mm. It will have a motif of Hampi with Chariot … Continue reading Know the details of new Rs 50 notes

RBI to issue new Rs 50 currency note

    AMN   RBI will shortly issue new banknotes of Rs 50 denomination in the Mahatma Gandhi (New) Series. A RBI press release has informed that the base colour of the new notes will be fluorescent blue and its dimension will be 66 mm x 135 mm. It will have a motif of Hampi … Continue reading RBI to issue new Rs 50 currency note

Jaitley urges states CM to reduce VAT on petroleum products

AMN / Union Finance minister Arun Jaitley has written to state chief ministers urging the States to reduce burden of Value Added Tax (VAT) on Petroleum Products used as inputs in making of goods after the introduction of Goods and Services Tax (GST). The letter by Finance Minister highlights a concern being raised by the … Continue reading Jaitley urges states CM to reduce VAT on petroleum products

Xiaomi Redmi Note 5A budget Android smartphone to be launched on August 21

AMN Xiaomi will launch its next budget smartphone the Redmi Note 5A, in China on Monday August 21. The retail packaging of the phone had leaked a few days back, followed by an official confirmation by the company of an August 21 launch. Lei Jun, Chiarman and CEO of Xiaomi, unveiled images of the upcoming … Continue reading Xiaomi Redmi Note 5A budget Android smartphone to be launched on August 21

TRAI raises penalty on telecom operators to Rs 5 lakh for poor mobile service

AMN / Tightening regulations, telecom regulator TRAI today raised the penalty on telecom operators to 5 lakh rupees for poor mobile service quality, including call drops. The regulator will also now measure call drops on the basis of data collected on the performance of telecom towers and not from area offices of telecom companies. The … Continue reading TRAI raises penalty on telecom operators to Rs 5 lakh for poor mobile service

Vishal Sikka Blames personal attacks for decision to resign as Infosys CEO

WEB DESK / AMN Vishal Sikka blamed “ unrelenting, baseless and increasingly” personal attacks for his decision to step down as CEO of Infosys. He said that he had no regrets from his three-year tenure at India’s second largest software services exporter. In a blogpost on his personal blog Friday he writes, “For days, indeed … Continue reading Vishal Sikka Blames personal attacks for decision to resign as Infosys CEO

Infosys CEO Sikka resigns, Pravin Rao new chief, shares plunge

Infosys CEO Vishal Sikka resigned and Pravin Rao has been appointed as the interim CEO, the company said in a notice to stock exchanges Blames personal attacks for decision to resign as Infosys CEO in blog AMN /BENGALURU Vishal Sikka on Friday abruptly resigned as CEO of the Infosys, the India’s second largest software exporter. … Continue reading Infosys CEO Sikka resigns, Pravin Rao new chief, shares plunge

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SPORTS

Ghosh-Sathiyan set up clash with top seeds in final of Bulgaria Open

The Indian pair of Soumyajit Ghosh and G Sathiyan has entered the men's doubles final of the Seamaster 2017 IT ...

Sports Ministry drops para-sports coach Satyanarayana from Dronacharya awardees list

The Sports Ministry has dropped para-sports coach Satyanarayana from the list of this year's Dronacharya award ...

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OPEN HOUSE

Mallya case: India gives fresh set of documents to UK

AMN India has given a fresh set of papers to the UK in the extradition case of businessman Vijay Mallya. Ex ...