Change in excise duty structure will, however, boost local manufacturing of handsets While the government’s move to change excise duty structures on mobile phones and tablets will promote domestic manufacturing, the price of smartphones, which are mostly imported, will increase by 3-5 per cent, experts say. Besides, postpaid mobile bills will also go up marginally with the increase in service tax from 12.36 per cent to 14 per cent. Excise duty structure for mobile handsets is being ... Rediff.com, 3 weeks ago
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Investor enthusiasm for Prime Minister Narendra Modi’s policies is starting to wane, and only big-ticket reforms in the Budget can give it a boost, notes Andy Mukherjee The upcoming Union Budget will be a test of just how many big ideas Prime Minister Narendra Modi can squeeze into a narrow fiscal space. Curbing the federal deficit is the government’s absolute priority on February 28. New Delhi is desperate to revive private investment, and the Reserve Bank of India has made it ...Rediff.com, 4 weeks ago
'If we don’t get our acts together in five years, it is going to be tough for the country' 'There is plenty of evidence that shows that disgruntled youth turn to crime, naxalism, etc. So what could be a dividend can become a liability. If not treated well, it can also become a threat' 'The farmer’s ownership should not be taken away and every time the price appreciates, he should get a share of it' Krishnamurthy Subramanian, professor at the Indian School of Business, speaks to ...Rediff.com, 4 weeks ago
Bengaluru-based iKaaz Software, a mobile payment solution provider, is launching a new application, MOWA, that works almost like the Apple Pay. Image: Bengaluru-based iKaaz Software, a mobile payment solution provider, is launching a new application, MOWA, that works almost like the Apple Pay. Photograph: Courtesy, Ikaaz Software Apple might have to wait longer before it brings Apple Pay to India, but Indians won’t. Bengaluru-based iKaaz Software, a mobile payment solution provider, ...Rediff.com, 2 months ago
The ‘Lumia Denim’ adds functionality exclusively to Lumia phones running Windows Phone 8 which significant improvements to the Lumia 830, Lumia 930 and Lumia 1520 smartphones. The flagship 830 will come with Windows Phone 8.1 with Lumia Denim ...Jagran Post, 2 months ago Microsoft launches Lumia 435, Lumia 532 Rediff.com, 1 month ago
The new circles where Airtel will launch 4G services are- Andhra Pradesh, North East (7 states), Punjab, Rajasthan, Himachal Pradesh, and Karnataka, sources said. Airtel has plans to launch 4G services in Andhra Pradesh, Himachal Pradesh, North East and ...Jagran Post, 1 month ago
After weeks of negotiations with employees agitating against suspension of operations at the Foxconn's Sriperumbudur plant, the electronic parts manufacturer said a severance agreement has been reached and the facility is closed down. In a response to PTI query today, Foxconn said, "A settlement for severance was concluded with employee representatives on February 12, 2015 and based on that agreement, the last day of employment for all employees of FIH India Private Ltd was February 10." ...Rediff.com, 1 month ago
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914. Markets came off their record highs and the benchmark Sensex ended its eight day winning streak, amid a volatile trading session, as investors booked profits ahead of the expiry of January derivative contracts tomorrow and caution ahead of US Federal Reserve's annoucement later today. The 30-share Sensex lost 12 points to end at 29,559 after hitting a record high of 29,786 and the ...Rediff.com, 1 month ago
Top management of firms should be summoned for a few specified reasons and after written justification at a senior level, orders CBEC. The central government told tax officials last week that none of the senior management of large companies - chief executives, head of finance, general managers and so forth - should be summoned for evidence or to enforce recoveries. In a circular issued on January 20, the Central Board of Excise & Customs (CBEC) has said the top management needs ...Rediff.com, 1 month ago
Under the partnership, Idea users will be able to purchase premium apps and games from the Windows Store on Microsoft Lumia as well as other Windows-based smartphones and pay for them through integrated billing. The amount will be either added to the ...Jagran Post, 2 months ago
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