As per the report of a panel set up by the government to review the Direct Tax Code (DTC), India is likely to witness the much-awaited changes in its income tax rules by the upcoming fiscal year. Upon implementation, their recommendations are expected to supplant the existing Income Tax Act of 1961. However, the news […]
High time to introspect on Five-year course of legal education, says CJI Ranjan Gogoi
In a speech at the 7th Annual Convocation of the National Law University, Ranjan Gogoi, Chief Justice of India, said that there is an urgent need to overhaul legal education for bringing about a social change in the country. The CJI added that it is time to question whether the five-year Law course has built […]
Godrej managed office platform to receive an investment of $150 million by Allianz Real Estate
As a part of its expansion plan in India, Munich Based Allianz SE’s subsidiary, Allianz Real Estate on Tuesday said that it has committed $150 million in a Godrej Group managed office development platform. The company in a statement said that the investment is a part of a strategy of Allianz Group to allocate 50-60% […]
47th WorldSkills Competition to be held in Lyon, France; 60 countries invited including India
The 47th WorldSkills Competition will be organised in Lyon, France in 2023. The competition will see participation from 60 countries, including 48 competitors from India. WorldSkills members voted two to one for the city at its 2019 General Assembly in Kazan, the organisers said. Recently, in a recorded video President of France Emmanuel Macron promised […]
Amazon inaugurates its world largest campus in Hyderabad
On Wednesday, the world’s largest e-commerce Amazon, inaugurated its largest campus in Hyderabad. The campus is a prodigy of exceptional architecture and is equipped with all the facilities. The new campus in Hyderabad is the only corporate outside the US Amazon has. Home Minister of Telangana Mohammed Mahmood, Industries and IT Secretary Jayesh Ranjan, Amazon […]
Renault India: Global launch of Triber on August 28
Renault India, the French automobile joint, is all set to introduce three new vehicles, including an electric vehicle by 2022. Venkatram Mamillapalle, country CEO and managing director of Renault India Operations, said that the global launch of Triber will happen on August 28, followed by a new model code-named HBC next year. It can be […]
Naspers to buy stake in online fantasy gaming startup, Dream11
Nasper’s Ltd, a South Africa based firm, is planning to buy a stake of about $100 million in online fantasy gaming startup, Dream11, from Kalari Capital. Two firms – ‘Think Investments’ and ‘Multiple Alternate Asset Management’ are said to be aware of the matter. On the condition of anonymity, two people aware of the […]
90 additional days given to the US companies to sway away from Huawei
Recently, the Commerce Secretary of the United States, Wilbur Ross said that the US has allowed its companies to sustain their business with the Chinese telecommunications giant – Huawei, for an additional 90 days. This move is intended to give the rural telecommunications companies in the US more time to sway away from Huawei. Huawei […]
Three startups which are making the human collaboration with technology better
Active collaborations between humans and technology are giving extraordinary and unusual results. The idea of co-existence of human workforce with the automation technologies is the need of today and the future businesses. Below is the list of three startups that are giving a boost to this idea of collaboration. STAQU The Gurugram based AI startup […]
Google partners with Prasar Bharti for live coverage of nationally important days
Earlier on Tuesday, 13 August, Google announced that it is planning a continuous long – term collaboration with Prasar Bharti. This collaboration will ensure live coverage on YouTube and Google Search for events that are important on a national scale like telecast of National Independence Day and Republic Day. A recently released statement announced that […]