Page 566 - Bs Reporter

Nasscom protests proposed 1% VAT on e-commerce transactions

Experts say by asking e-commerce firms to collect VAT, the state tax department is using a backdoor route of collecting tax and improving compliance by sellers

VW India to recall 389 units of Polo model

Recall to fix handbrake issues, deliveries of non-impacted Polo to resume

Exploride earns over $500,000 in 40 days of its global launch

The company plans to add more features to its gadget, will expand its workforce and raise $10 million in venture capital fund

Fight poverty, not each other, Modi tells Hindus, Muslims

Pitches for communal harmony and brotherhood; says people should reject politicians' inflammatory comments

Coal India, union agree on bonus

Truck rentals may shoot up

RBI on booking of forwards contracts

Norms for firms that have actual or anticipated forex exposures to book forex forward and foreign currency

RBI says risk weight for foreign sovereign bonds also applicable for foreign central banks

Those below investment grade (BB to B, Ba to B) will have 100 per cent risk weight while those below B will have 150 per cent risk weight

Era of tax avoidance over, says CBDT

CBDT is looking at removing exemptions to simplify taxes

CARE assigns investment grade BBB- rating to Suzlon

Upgraded rating, valid till Sept 2016, for outstanding bank facilities and proposed commercial paper instrument

Jaitley bats for automatic info exchange to tackle black money

Emphasises need for genuine and equitable multilateralism in deciding global norms and standards on taxation

Mogae Media to partner with Israel's Rimoto

India's farm growth in FY16 could be marginally better despite poor monsoon: CRISIL

Study contests government's cooking gas subsidy claim

Hyderabad airport gets HC nod to charge user fees

Collection of levy, revised charges for airlines won't be effective until AERA passes an order in this regard

Sebi directs exchanges to step up capacity

Exchanges and clearing corporations need to have installed capacity of one and half times of the peak load

Markets snap six-day rally on global cues

The market breadth on Thursday was mixed - nearly one advancing stock for every declining one

Amit Gossain appointed as Kone India MD

Takes over responsibility from Neeraj Sharma who has joined executive board

Embassy Group & Warburg Pincus invest $ 250 mnfor warehouses, industrial units

Want to tap opportunites in building warehouses for e-commerce firms such as Amazon and Flipkart

Chumbak introduces apparel range, looks to consolidate business

Company is charting international expansion next year and is eyeing the US, West Asia, Japan and Hong Kong for the same