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Govt to steer clear of Tata-Mistry tussle

The finance minister has decided not to meet either side, as the government does not want to be seen getting embroiled in the Tata Group turmoil

Electric vehicle makers seek exemption from GST

Society of Manufacturers of Electric Vehicles wrote a letter to FinMin seeking an exemption

GMR Energy completes 30% stake sale to Malaysian power utility Tenaga for $300 million

The portfolio comprises operating capacity of 2,300 MW and pipeline capacity of 2,330 MW

Thanks to ambiguous laws, online poker websites are flourishing in India

Action against online gambling is difficult as all gambling websites are hosted in countries, where the practice is legal

Andhra Pradesh raises capital subsidy for electronic industry

Firms setting up manufacturing units can now get back as much as 50% of capital investment after commercial operations

Silver lining for RIL shareholders in $1.5 billion penalty

Over the past decade, RIL has never announced lesser dividend to its shareholders even when faced with lower profits

Insurance may fall under 12% tax slab in GST, from 14% service tax currently

While industry demand of 5% slab may be denied, unlikely govt will impose 18% as insurance is a protection/savings product

Ratan Tata forms his 'A Team'

Veterans Prasad Menon, S Padmanabhan inducted; Mukund Rajan, Harish Bhat, Katragadda and Srinath also brought in

Skoda launches new Rapid at Rs 8.3 lakh to take on Ciaz, Verna

Petrol run Rapid comes in 3 variants, priced up to Rs 11.36 lakh; diesel one is priced between Rs 9.48 lakh to Rs 12.67 lakh

India hosts ICANN's 57th annual general meeting in Hyderabad

Ministry of Electronics and Communications is pursuing establishing a root server that handles domain name functions

Redington may see higher growth on non-IT business backed by iPhone 7 growth

The response for iPhone 7 and specifically iPhone 7 Plus has been far better than anticipated

Tata veteran Prasad Menon back at Bombay House as advisor

After Cyrus Mistry's exit, Menon has been brought in to help Tata put the new management structure in place

TCS signs MoU with University of New South Wales

This will enable them to work together in areas of common interest such as machine learning, virtual reality, data analytics, cloud computing

T-Hub, ICRISAT launch Accelerator Programme for agri-tech start-ups

Three-month programme helps start-ups scale up projects through real-time management and knowledge sharing; starts Feb 15, 2017

Zensar to acquire UK-based design agency Foolproof

The deal will be financed by internal accruals and will be EPS positive for the company; deal amount undisclosed

Mastek appoints John Owen as CEO; to take over from Sudhakar Ram

Sudhakar Ram will now function as Vice Chairman and Managing Director

Godrej Properties sells over 6 lakh sq ft of villa space for Rs 300 cr in Noida

Godrej Golf Links is being developed as a joint venture with ACE Group, a leading developer in NCR.

Home buyer is finally king: How Real Estate Act protects you

The notified Real Estate Act curbs most malpractices that has been plaguing the sector for decades

IRDAI to set up working groups on cyber security

The regulator will also implement appropriate mechanism to mitigate cyber risks

Rooftop solar projects need additional $50 billion to meet 40 GW by 2022 target: Report

India plans to generate 175 GW of electricity from renewable energy sources by 2022 requiring an investment of nearly $100 bn