Exclusive

Publication

Byline

Government turns to tax arrears recovery to meet ambitious revenue target

Kathmandu, July 16 -- With revenue collection falling short of expectations in recent years, the government has turned to long-pending tax disputes as a potential source of additional income, offering... Read More


ASM Technologies Ltd Surges 3.52%

Mumbai, July 16 -- ASM Technologies Ltd gained 3.52% today to trade at Rs 4599.3. The BSE Information Technology index is up 0.75% to quote at 27888.43. The index is down 0.09 % over last one month. A... Read More


Phoenix Mills Ltd Slides 0.79%

Mumbai, July 16 -- Phoenix Mills Ltd lost 0.79% today to trade at Rs 2116.15. The BSE Realty index is down 0.2% to quote at 7125.52. The index is up 11.53 % over last one month. Among the other consti... Read More


Banks' have to dispose of "specified non-financial assets" acquired from a borrower within 7 years: RBI

New Delhi, July 16 -- Banks' will have to dispose of "specified non-financial assets" (SNFAs), including non-banking assets (NBAs), within a maximum period of seven years acquired from a borrower, who... Read More


RBI rejects lenders' bid to acquire pre-NPA assets, resell to same borrowers

New Delhi, July 16 -- The Reserve Bank of India (RBI) on Thursday said it has rejected lenders' requests to allow them to acquire certain non-financial assets before a borrower turns non-performing, a... Read More


BMC to outsource Mumbai's air quality monitoring

India, July 16 -- The critical job of monitoring Mumbai's air quality will be outsourced to a private company for a year due to a shortage of scientific personnel at the civic-run Air Quality Monitori... Read More


Punjab bets on crusher mining to boost revenue

Chandigarh, July 16 -- The cash-strapped Punjab government has identified 133 crusher mining sites (CRMS) and granted environmental clearances for 18 of them as it looks to regulate the sector and boo... Read More


WeWork Back In The Red In Q1 FY27, Reports Rs.4 Cr Loss

India, July 16 -- WeWork recorded a consolidated net loss of Rs.4.1 Cr in Q1 FY27, slipping back into losses after three consecutive profit-making quarters. However, it managed to reduce its loss by 7... Read More


Five multi-level facilities planned to tackle Lucknow's parking woes

LUCKNOW, July 16 -- Lucknowites grappling with inadequate parking spaces at key localities may soon get relief, with the Lucknow Development Authority (LDA) planning to construct five multi-level park... Read More


ITR filing: ITAT deletes Rs.10 lakh Black Money Act penalty over foreign ESOP disclosure

New Delhi, July 16 -- The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has deleted a Rs.10 lakh penalty imposed under the Black Money (Undisclosed Foreign Income and Assets) and Impositio... Read More