by pallanus | Jul 13, 2020 | Business News
The partnership will help Jio Platforms, the unit that houses Reliance’s telecoms venture Jio Infocomm, to “roll out advanced 5G infrastructure and services for Indian customers”, Reliance said in a statement. With this new investment, Reliance has sold a 25.2% stake...
by pallanus | Jul 10, 2020 | Business News
Indian state-owned lender PNB, which was hit by a $2 billion fraud involving billionaire Nirav Modi in 2018, had already set aside 12.5 billion rupees in provisions for the loans to DHFL, which is in bankruptcy proceedings. Indian authorities are investigating DHFL’s...
by pallanus | Jul 9, 2020 | Business News
Revenue of the company rose marginally in the first quarter of the current fiscal to Rs 38,322 crore. In the year-ago period, the same stood at Rs 38,172 crore. TCS had a consolidated net profit of Rs 8,131 crore in the year-ago period, according to a regulatory...
by pallanus | Jul 3, 2020 | Business News
Refunds of this magnitude and numbers have been issued completely electronically and have been directly deposited into the bank accounts of the taxpayers. Unlike what used to happen some years ago, in these refund cases, no taxpayer had to approach the department to...
by pallanus | Jul 3, 2020 | Business News
The fresh development comes days after RIL Chairman Mukesh Ambani announced that the company has successfully managed to become zero net-debt free. After Intel’s investment, Jio Platforms will have raised a total investment exceeding Rs 1.17 lakh crore. (Photo:...
