India

ClearTax introduces online training program on GST for CAs, taxation experts

ClearTax introduces online training program on GST for CAs, taxation experts

New Delhi [India], Mar 28 : India's largest Income Tax returns e-filing and enterprise compliance service provider ClearTax on Tuesday launched its GST e-learning kit to educate the business community and make over 2.5 lakh CAs and Tax Return Preparers GST-ready and help them serve over 1 crore businesses.

ClearTax's GST training will be imparted through e-learning modules that include10 hours of high quality videos, 20+ real world examples to study implications, 50+ online webinars, 20+ quizzes to practice concepts, and 100+presentations and articles on GST.

Rooter raises seed round of funding from Intex Technologies

Rooter raises seed round of funding from Intex Technologies

New Delhi [India], Mar 28 : Digital platform that connects, engages and helps sports audiences interact with each other on a real-time basis, Rooter on Tuesday announced raising of an undisclosed amount of funds from Intex, one of India's fastest growing consumer electronic goods and accessories manufacturer.

The sports social engagement app earlier successfully raised funds from Dhruv Chitgopekar and Prantik Dasgupta.

It also holds the distinction of being the first venture that Bollywood star, Boman Irani, has invested in as an angel investor.

bookbhook.com launches India's first book summary and micro-learning platform

bookbhook.com launches India's first book summary and micro-learning platform

New Delhi [India], Mar 28 : As per a National Book Trust NCAER survey in 2009, there were 83 million Indians (13-35 age group) reading books for leisure in 2009. Reading in Hindi, Marathi, Bengali and English primarily, 46 percent of the respondents chose "knowledge enhancement" as a reason for reading books.

With the world's youngest working population, Indians are increasingly seeking out knowledge as their ticket to prosperity in this knowledge economy. But the problem for this young generation is "In this knowledge economy, I need to KNOW MORE and YET, I lack the TIME to know more"

Monsoon in 2017 to remain below normal: Forecast

Monsoon in 2017 to remain below normal: Forecast

New Delhi [India], Mar. 27 : Looks like summer will be yet more unbearable this year, atleast the present weather condition makes us believe so.

Establishing this belief, Skymet Weather too has recently stated that monsoon, in 2017, is likely to remain below normal.

It is predicted to be at 95 percent (with an error margin of +/-five percent) of the long period average (LPA) of 887 mm for the four-month period from June to September.

The report further says that monsoon probabilities for JJAS are:

- Zero percent chance of excess (seasonal rainfall that is more than 110 percent of LPA),

- 10 percent chance of above normal (seasonal rainfall that is between 105 to 110 percent of LPA),

Axalta's leading industrial coating solutions shine at India Surface Finishing Exhibition

Axalta's leading industrial coating solutions shine at India Surface Finishing E

Gurugram (Haryana) [India], Mar.27 : Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, showcased its general industrial coating solutions at the India Surface Finishing Exhibition 2017 (ISF 2017) recently held in New Delhi.

In collaboration with its industrial distributors, Axalta demonstrated how its premium coatings could meet the growing demand of the general industrial market across India.

Jaitley tables Central GST Bill in LS

Jaitley tables Central GST Bill in LS

New Delhi (India), Mar. 27 : Union Finance Minister Arun Jaitley on Monday tabled the Central Goods and Services Tax (GST) Bill 2017 in the Lok Sabha.

Looking forward to a consensus on GST Bill, Union Parliamentary Affairs Minister Ananth Kumar earlier in the day expressed hope that the above legislation is passed in the ongoing Budget Session of Parliament.

Kumar told the media here that all parties have been consulted on the GST.

"Hope everyone will support the government on it. The government is committed to ensure the passage of GST in the ongoing Budget Session," he added.

The GST Council and Union Cabinet have already given their nod to the Central GST, Integrated GST, Union Territory GST and Compensation Bill.

India facing a hypertension epidemic, confirms latest NFHS survey

India facing a hypertension epidemic, confirms latest NFHS survey

New Delhi [India], Mar. 25 : The findings of the National Family Health Survey 2015-16 confirm what we all knew from clinical evidence - that hypertension has become a major health concern among the Indian population, with as many as 22% Indians hypertensive.

According to the data, more men suffer from hypertension (15%) as compared to women, though the number of hypertensive women is also sizeable (9.6%).

While the prevalence of hypertension is widespread, what is more worrying is that awareness about its potentially serious complications is very low. In fact, researches have indicated that only one out of five people are on treatment, putting a majority of untreated hypertensive patients at serious risk of stroke and heart attack.

FM approves re-organisation of CBEC for implementation of GST

FM approves re-organisation of CBEC for implementation of GST

New Delhi [India], Mar 25 : Union Finance Minister Arun Jaitley on Saturday approved the re-organization of the field formations of the Central Board of Excise and Customs (CBEC) for the implementation of Goods and Services Tax (GST).

The approval by the minister will enable the existing formations of Central Excise and Service Tax under the CBEC to implement and enforce the provisions of the proposed GST.

However, the CBEC is likely to be renamed as the Central Board of Indirect Taxes and Customs (CBIC), after getting legislative approval.

The proposed CBIC shall, inter alia, supervise the work of all its field formations and Directorates and assist the Government in policy making in relation to GST, continuing Central Excise levy and Customs functions.

India, World Bank sign agreement for Uttarakhand Health Systems Development Project

India, World Bank sign agreement for Uttarakhand Health Systems Development

New Delhi [India], Mar 25 : India and World Bank on Saturday signed a financing agreement for IDA credit of USD 100 (equivalent) for the "Uttarakhand Health Systems Development Project".

The Financing Agreement was signed under the presence of Raj Kumar, Joint Secretary, Department of Economic Affairs on behalf of Government of India and Hisham Abdo, Acting Country Director, World Bank (India) on behalf of the World Bank.

A Project Agreement was also signed by Dr. Neeraj Kharwal, Additional Secretary (Health), Government of Uttarakhand and Hisham Abdo, Acting Country Director, World Bank.

Setback to RIL as SEBI bars 13 companies from dealing in equity derivatives

Setback to RIL as SEBI bars 13 companies from dealing in equity derivatives

New Delhi [India], Mar. 25 : The Securities and Exchange Board of India (SEBI) has barred 13 companies, including RIL, from dealing in equity derivatives in the Futures and Options (F&O) segment of stock exchanges, directly or indirectly, for a period of one year.

The SEBI has also directed RIL to deposit Rs. 447.47 crore within 45 days.

The board also directed to charge 12 percent interest on the amount of Rs. 447.47 crore from the date of November 29, 2007, considered to be the biggest penalty in insider trading.

Following are the points mentioned in the SEBI order:

SBI chairman Arundhati Bhattacharya features in Fortune's 'Greatest Leaders' list

SBI chairman Arundhati Bhattacharya features in Fortune's 'Greatest Leaders' lis

New Delhi [India], Mar. 25 : Arundhati Bhattacharya, Chairman, State Bank of India (SBI) has been ranked 26th in the fourth edition of Fortune's 'World 50 Greatest Leaders' list.

With this, Arundhati Bhattacharya has become the only Indian corporate leader to be featured in the list.

While announcing the names that have featured in the list, Fortune highlighted that Bhattacharya, the first-ever woman to helm India's largest bank, has steered SBI through rough waters.

Bhattacharya has helped to accomodate the 211-year-old institution into the digital era and overhaul the human resources department for more than 2,00,000 employees.

Tata Capital's Mobile App invites you to check You're my Score and avail easy finance

Tata Capital's Mobile App invites you to check You're my Score and avail easy fi

New Delhi [India], Mar 24 : Tata Capital, the financial services arm of the Tata Group, today, announced the launch of 'myLoan' - a first-of-its kind Mobile App by the company to extend its existing personal loan offering to the emerging younger and mobile savvy audience.

The app enables the user to check his/her loan eligibility and apply for a loan seamlessly using only a mobile device. The app also allows existing customers to view their loan status and details.

FreeCharge, Arvind Lifestyle Brands tie-up to increase focus on offline stores

FreeCharge, Arvind Lifestyle Brands tie-up to increase focus on offline stores

New Delhi [India], Mar 24 : FreeCharge on Friday announced that it will now enable e-wallet payments across leading outlets with Arvind Lifestyle Brands, one of India's largest and leading lifestyle brands.

The partnership will enable FreeCharge to increase focus on offline digital payment services across 700 outlets in 20 states.

Users can avail this feature across outlets such as Arrow, FM, USPA, Gap, TCP, Aeropostale, Unlimited, Gant, Nautica, Ed Hardy and much more and choose from wide assortment of fashion brands for both men and women.

Under-nutrition makes children susceptible to TB: Doctors

Under-nutrition makes children susceptible to TB: Doctors

New Delhi [India], Mar. 24 : Emergence of multi drug resistant TB and complications aggravated by high rates of co-infection with HIV-AIDS has renewed the threat of TB epidemic in India. With widespread prevalence of the infection, children experience a serious risk of contracting Tuberculosis, especially if they are under-nourished.

As we observe World TB day, doctors at Venkateshwar Hospital, Dwarka say under nutrition in children (especially below 5 years of age) is a significant risk factor for the disease. Contrary to perception, not just children living in slums and unhygienic conditions, even those from relatively affluent backgrounds are diagnosed with Tuberculosis.

IBM Cloud helps Pace Automation transform local 'Kirana' stores into e-tailers

IBM Cloud helps Pace Automation transform local 'Kirana' stores into e-tailers

New Delhi [India], Mar 23 : IBM on Thursday announced a strategic partnership to offer 'RetailSmart', an end-to-end fully integrated solution that will enable local 'Kirana' (unorganized) stores to become ecommerce ready.

Powered by IBM Cloud, the solution allows Kirana stores to deliver a convenient online shopping experience to consumers and pay safely using a convenient payment mode (irrespective of the size of the purchase).

According to industry reports, the current number of Kirana stores in India is pegged to be at 15 million.

Build your brand through Snapchat!

Build your brand through Snapchat!

New Delhi [India], Mar. 23 : Oh Snap! Aren't you on Snapchat yet?

It has been six years since Snapchat was introduced as a new Social Media platform. Earlier established as a platform for teens for merely sharing pictures and videos, this app has come a long way.

An estimated active user base of 150 million, it is one of the fastest growing social media platforms. An average snap chatter spends around 25-30 minutes on this app every day. Its inception created a buzz among the users of bracket 18 to 34 years which is no longer the case, as the app has transcended the age barrier over time.

Awareness, Interest and Evaluation are three key elements of the marketing funnel and Snapchat helps in achieving the second brilliantly i.e. interest the most.

ExportersIndia.com witnesses 56 pct boost in business via mobile app

ExportersIndia.com witnesses 56 pct boost in business via mobile app

New Delhi [India], Mar 23 : ExportersIndia on Thursday announced 56 percent boost in its business exclusively via its mobile app.

The company witnessed significant increase in business over the period of 2015 to present, retaining its position as India's largest searchable B2B marketplace and exporters' directory that connects manufacturers, exporters, suppliers, and buyers to generate value from unlimited online trade opportunities and buyer enquiries.

Square Yards launches international property portal for cross border real estate investments

Square Yards launches international property portal for cross border real estate

New Delhi [India], Mar 23 : Real estate startup Square Yards on Thursday announced the launch of an International property portal (global.squareyards.com) for enabling global cross border real estate investments.

This is notably the first and only portal by any Indian tech startup focusing exclusively on global real estate.

Square Yards is already the largest player by revenues (annual revenue run rate in excess of USD 25M) in the Indian real estate and has a virtual monopoly in some of the key NRI diaspora markets. It is now replicating its Indian success in international markets by acquiring multi country real estate licenses and entering into collaborative arrangements with leading International developers for exclusive cross-border marketing and selling rights.

Droom crosses 500 cities, becoming India's largest hyper local marketplace

Droom crosses 500 cities, becoming India's largest hyper local marketplace

New Delhi [India], Mar 23 : In a feat of sorts, Droom, India's pioneering online automobile transactional marketplace today became India's largest hyper local marketplace by bringing a whopping number of 500 cities, under its aegis. The watershed moment came soon after the company announced that it has achieved 1 lakh auto dealers on its online platform.

In order to reach this target, Droom has been aggressively running seller affiliation and community building programmes to increase its network base.

L&T Technology services unveils new delivery center for leading German original equipment manufacturer (OEM) in Germany

L&T Technology services unveils new delivery center for leading German original

New Delhi [India], Mar 23 : L&T Technology Services Limited, a leading global pure play engineering services company inaugurated its new center of excellence dedicated for a leading German Original Equipment Manufacturer (OEM) in Munich Germany, its fourth delivery center for the customer following R&D hubs in Mumbai, Bangalore and Mysore in India.

The accredited near shore center will provide engineering and R&D services for the company's suite of infotainment consoles and its family of hybrid electric vehicles. The proximity to the said organization's campus will enable L&T Technology Services to test a variety of solutions and offer services in real time.




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