Business

December 23, 2016 8:12 PM

Tata Motors shareholders remove Nusli Wadia from Board of Directors

Shareholders of Tata Motors have voted to remove independent director Nusli Wadia from the board of directors at an extraordinary general meeting held yesterday during which 71.20 per cent of the shareholders voted in favour of a resolution moved by Tata Sons to remove Mr Wadia as independent direct...

December 23, 2016 6:00 PM

Council clears primary drafts of GST law

The Goods and Services Tax,( GST) Council today approved the primary drafts of Central GST and State GST.However, the council was not able to reach consensus on contentious issues related to dual control and cross-empowerment. During its two day meeting in New Delhi, the council also cleared basic d...

December 23, 2016 11:29 AM

Tata Motors shareholders remove Nusli Wadia from board of directors

Shareholders of Tata Motors have voted to remove independent director Nusli Wadia from the board of directors. At an extraordinary general meeting held yesterday, 71.20 per cent of the shareholders voted in favour of a resolution moved by Tata Sons to remove Mr Wadia as independent director of Tata ...

December 23, 2016 8:43 AM

Notes ban: I-T detects Rs 3,590 crore un-disclosed income

The Income Tax Department has detected over 3,590 crore rupees of un-disclosed income while more than 93 crore rupees in new notes have been seized as part of its country-wide operations against black money hoarders post the demonetisation of two high value currencies by the government. Official sou...

December 23, 2016 6:40 AM

Saudi Arabia projects $53bln deficit in 2017

Saudi Arabia cabinet has projected a 2017 Budget deficit of about 53 billion US Dollar and said in a statement that this year's deficit will be 79 billion US Dollar, down 8.9 per cent from 2016's budget forecast. Expenses next year will reach 237 billion US Dollar against revenues ...

December 23, 2016 12:02 AM

IT department detects Rs 3,590 crore undisclosed income

The Income Tax Department has detected over 3,590 crore rupees of un-disclosed income while more than 93 crore rupees in new notes have been seized as part of its country-wide operations against black money hoarders post the demonetisation of two high value currencies by the government.Official sour...

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