E-tailers face tough times as states tighten tax noose

‘We are working with govt departments to find out how space technologies can be used by them’ ‘Chandrayaan II dates will be announced later; it will not be this year’ The new Indian Space Research Organisation chairman A S Kiran Kumar talks to CNN-IBN about the road ahead in his first interview after taking charge. Edited excerpts On the priorities as the new chairman of ISRO: My first priority is to find my out priorities because unless you sit in a position many you ...

New Delhi: President Barack Obama’s schedule is likely to undergo a change and he may now depart from Agra instead of Delhi as authorities have examined the feasibility of his Air Force One aircraft landing in the city of Taj Mahal.Obama, who will be ...

Pulling no punches in her attack against the Bharatiya Janata Partyfor allegedly pursuing ‘political vendetta’ against the Trinamool Congress, West Bengal Chief Minister Mamata Banerjee on Thursday charged that the Central Bureau of Investigation was being used as a ‘political tool’ by the National Democratic Alliance government and was functioning as ‘a department of the Prime Minister’s Office’. "We are the only party fighting a battle against the ...

New Delhi: Aiming to intensify government’s drive on black money, the PMO has asked the revenue department to look for ways other than bilateral tax treaties to bring back funds stashed abroad. The Prime Minister’s Office (PMO) has ...

Ahmedabad: In a huge relief for people living near Gujarat’s coastal areas, the MeT department today said that ‘Nilofar’, earlier dubbed as a Very Severe Cyclonic Storm (VSCS) over west-central Arabian sea, is likely to make a ...

Neerja Pandey's Baby, one must say, wouldn’t have been as interesting without the lead troika, writes Prasanna D Zore.   Rakesh, an Indian counter-intelligence officer, has been double crossed, and is captured by terrorists, somewhere in Istanbul. A bunch of six or seven toughies take turns to slap him, punch him in the face. They torture him. There is lot of blood on his face. His eyes are swollen. But when he spits, there is no trace of blood. One wonders, how a ...

RBI has referred the matter to the investment division of the Department of Economic Affairs under the finance ministry for views and comments. In a breather to NTT DoCoMo, the Reserve Bank of India has agreed to a Tata group proposal to buy back DoCoMo’s 26.5 per cent stake in Tata Teleservices at a pre-determined price of Rs 58 a share (Rs 7,250 crore (Rs 72.5 billion) for the entire stake), despite the company’s valuer, Price Waterhouse, estimating the stake at Rs 23.34 a share, ...

SpiceJet’s overall staff count is about 5,000. Beleaguered low-cost carrier SpiceJet is likely to lay off about 1,000 employees in the next few weeks to rein in costs, several sources in the airline told Business Standard. Last week, the carrier had asked about 60 pilots who had resigned to leave after serving only half the six-month notice period. SpiceJet’s overall staff count is about 5,000. With losses piling up every day, achieving operational profit is believed to be a ...

Assocham has also told Finance Minister Arun Jaitley that it’s the government and state-owned firms, rather than the private sector, which should lead the investment revival in the country The Associated Chambers of Commerce of India stated it had ‘strongly urged’ Finance Minister Arun Jaitley not to slash Plan spending to meet the fiscal deficit target for FY15. It also told the FM it’s the government and state-owned companies, rather than the private sector, which ...